Home Ownership Financial Literacy Council Inc
- Assets
- $158.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 81-2418650
Organization Overview
Home Ownership Financial Literacy Council Inc is located in Bethesda, MD. The organization was established in 2016. 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. Home Ownership Financial Literacy Council Inc 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 12/2023, Home Ownership Financial Literacy Council Inc generated $26.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (45.4%) each year. All expenses for the organization totaled $93.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
LEGAL SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Polott Director | 1 | $0 | |
Sherri Farrell Trustee | 0.2 | $0 | |
Michael Curran Trustee | 0.2 | $0 | |
Elliot Adler Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,417 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,607 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20 |
| Total expenses | $93,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,382 |
| Other assets | $0 |
| Total assets | $158,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,382 |