Center For Smart Financial Choices
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Winston Salem, NC
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-3124703
Organization Overview
Center For Smart Financial Choices is located in Winston Salem, NC. The organization was established in 2012. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Center For Smart Financial Choices employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Smart Financial Choices is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Center For Smart Financial Choices generated $420.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (66.1%) each year. All expenses for the organization totaled $7.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
YOUTH WORKSHOPS ARE DESIGNED TO RAISE AWARENESS OF MONEY, BUILD FINANCIAL KNOWLEDGE, IMPROVE SAVINGS,BUILD BUDGETING SKILLS AND INCREASE KNOWLEDGE OF THE ROLE OF CREDIT. YOUTH LEARN STEPS THEY CAN TAKE TOREPLACE DEPENDENCE ON STUDENT LOANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Ann Falkner Executive Director | 30 | $748 | |
Rhonda Frazier Chairman | 0 | $0 | |
Steve Franke Vice Chair | 0 | $0 | |
Jonathan Permar Secretary | 0 | $0 | |
Vance Pepper Tresurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5 |
| Total Program Service Revenue | $0 |
| Membership dues | $390 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $420 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,033 |
| Professional fees and other payments to independent contractors | $5,265 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $334 |
| Total expenses | $7,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center For Smart Financial Choices has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Consumer Education Services Inc Raleigh, NC | $23,360,630 | $7,529,671 |
Housing Consultants Group Greensboro, NC | $1,106,215 | $2,683,425 |
Motley Fool Foundation Alexandria, VA | $13,206,539 | $15,812,396 |
Financial Pathways Of The Piedmont Inc Winstonsalem, NC | $1,642,751 | $1,849,365 |
Consumer Credit Counseling Service Of Western North Carolina Inc Asheville, NC | $2,015,987 | $1,072,793 |
Consumer Credit Insurance Association Rocky Mount, NC | $1,066,199 | $942,381 |
American Financial Education Alliance Charlotte, NC | $225,082 | $614,339 |
D&e A Financial Education And Training Institute Inc East Point, GA | $953,735 | $847,505 |
Level Up 700 Incorporated Atlanta, GA | $69,929 | $257,513 |
Consumer Credit Counseling Service Of The Savannah Area Inc Savannah, GA | $1,147,306 | $564,336 |
Increasing H O P E North Charleston, SC | $127,870 | $448,680 |
Grace-Mar Services Inc Charlotte, NC | $1,536,970 | $652,234 |