Salt Financial Literacy International

Organization Overview

Salt Financial Literacy International is located in Hollidaysburg, PA. The organization was established in 2015. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt Financial Literacy International 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 12/2022, Salt Financial Literacy International generated $697.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $728.8k during the year ending 12/2022. While expenses have increased by 29.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FLI IS A NON-PROFIT ORGANIZATION WHICH SEEKS TO ERADICATE CHRONIC POVERTY AND INTRODUCE EDUCATION TO THE UNDERPRIVILEGED CITIZENS OF DEVELOPING COUNTRIES, WITH AN EMPHASIS ON BANGLADESH. FLI PROVIDES ITS SERVICES WITHOUT CHARGE, AND IT RELIES ON CONTRIBUTIONS FROM DONORS TO

Describe the Organization's Program Activity:

Part 3 - Line 4a

FLI OVERSEES THE OPERATION OF A MEDICAL CLINIC LOCATED NEAR A LARGE ROHINGYA REFUGEE CAMP IN BANGLADESH. QUALITY MEDICAL SERVICES ARE PROVIDED TO THOSE IN NEED OF TREATMENT FOR VARIOUS PHYSICAL CONDITIONS. THE CLINIC HAS A PHARMACY WHICH DISPENSES NEEDED MEDICINES. THE CLINIC TREATS THOUSANDS OF PATIENTS EACH YEAR.


SALT PROGRAM - FLI OPERATES A MICRO-FINANCE PROGRAM WHICH CONCENTRATES ON ESTABLISHING SAVINGS GROUPS IN RURAL AREAS OF BANGLADESH. THESE GROUPS HELP VILLAGERS RISE OUT OF POVERTY BY PROVIDING FINANCIAL ECONOMIC TEACHING. FLI HAD SEVERAL HUNDRED SAVINGS GROUPS WITH THOUSANDS OF PARTICIPANTS DURING THE YEAR. THE PROGRAM ALSO ENCOMPASSES TEACHING GOOD AGRICULTURE PRACTICES TO IMPROVE CROP YIELDS.


MISSION PROJECTS - FLI CONDUCTS VARIOUS PROJECTS THROUGHOUT THE YEAR. PROJECTS INCLUDE LITERATURE DISTRIBUTION, MEDICAL ASSISTANCE, TEACHING ENGLISH AS A SECOND LANGUAGE, AND HUMANITARIAN EFFORTS DESIGNED TO PROVIDE FOR BASIC HUMAN NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Martin
President
$0
Lamar Rosenberry
Secretary
$0
Clyde Zimmerman
Treasurer
$0
Reuben Luthy
Part Year Director
$0
Linford Leinbach
Part Year Director
$0
Arnold Eby
At Large
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$699,588
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$699,588
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $697,593

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Salt Financial Literacy International has recieved totaling $35,000.

Awarding OrganizationAmount
Anabaptist Foundation

Lewisburg, PA

PURPOSE: Operations

$35,000
View Grant Recipient Profile

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