D&e A Financial Education And Training Institute Inc
- Assets
- $953.7k
- Revenue
- $847.5k
- Investments
- $0.0
- Employees
- 2
- Location
- East Point, GA
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 58-2515058
Organization Overview
D&e A Financial Education And Training Institute Inc, operating under the name D&e A Housing & Economic Empowerment Center, is located in East Point, GA. The organization was established in 2000. 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, D&e A Housing & Economic Empowerment Center employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. D&e A Housing & Economic Empowerment Center 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, D&e A Housing & Economic Empowerment Center generated $847.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $770.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND EMPOWER UNDERSERVED POPULATIONS BY PROVIDING TRAINING AND RESOURCES THAT FACILITATE GREATER PARTICIPATION IN THE ECONOMIC AND SOCIETAL MAINSTREAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TRANSFORM THE LIVES OF THE OVERLOOKED AND UNDERSERVED COMMUNITIES THROUGH THE DELIVERY OF AFFORDABLE HOUSING LOW-COST BANKING JOB READINESS AND YOUTH DEVELOPMENT PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie T Harris President | Trustee | 40 | $56,248 |
Joeretta R Smith Secretary | OfficerTrustee | 1 | $0 |
Novella B Scott Treasurer | OfficerTrustee | 1 | $0 |
Denva W Hicks Board Member | OfficerTrustee | 1 | $0 |
C W Copeland Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $450,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $397,505 |
| Noncash contributions included in lines 1a–1f | $38,442 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $847,505 |
| 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 | $847,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,912 |
| Compensation of current officers, directors, key employees. | $42,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $435,978 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209 |
| Payroll taxes | $7,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,500 |
| Fees for services: Accounting | $27,532 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $975 |
| Office expenses | $1,281 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,871 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,459 |
| Total functional expenses | $770,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $740,388 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $953,735 |
| Accounts payable and accrued expenses | $364,368 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $86,487 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $534,263 |
| Other liabilities | $66,606 |
| Total liabilities | $1,051,724 |
| Net assets without donor restrictions | -$97,989 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $953,735 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that D&e A Financial Education And Training Institute Inc has recieved totaling $7,200.
| Awarding Organization | Amount |
|---|---|
National Community Reinvestment Coalition Inc Washington, DC PURPOSE: HOUSING COUNSELING SERVICES | $7,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Incharge Debt Solutions Inc Orlando, FL | $11,087,223 | $18,359,238 |
Consumer Credit Union Greeneville, TN | $557,161,210 | $15,832,085 |
Freedom Rain Inc Birmingham, AL | $1,488,299 | $8,388,398 |
Creditguard Of America Inc Fort Lauderdale, FL | $3,308,944 | $7,102,054 |
Consumer Education Services Inc Raleigh, NC | $23,360,630 | $7,529,671 |
Incharge Education Foundation Inc Orlando, FL | $6,605,610 | $4,105,406 |
Credit Card Management Services Inc West Palm Beach, FL | $6,354,828 | $4,043,282 |
Housing Consultants Group Greensboro, NC | $1,106,215 | $2,683,425 |
Debt Management Credit Counseling Corp Deerfield Beach, FL | $2,036,555 | $1,940,140 |
Real Estate Education And Communityhousing Inc Palm Beach Gardens, FL | $2,680,215 | $1,438,929 |
Financial Pathways Of The Piedmont Inc Winstonsalem, NC | $1,642,751 | $1,849,365 |
Consumer Debt Counselors Inc Winter Park, FL | $1,532,219 | $1,793,369 |