8 Cents In A Jar Inc
- Assets
- $186.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Apopka, FL
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-3359383
Organization Overview
8 Cents In A Jar Inc is located in Apopka, FL. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. 8 Cents In A Jar 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 12/2021, 8 Cents In A Jar Inc generated $169.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 51.7% each year . All expenses for the organization totaled $48.7k during the year ending 12/2021. While expenses have increased by 29.9% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FOUNDED IN 2016, 8 CENTS IN A JAR, INC. IS AN AWARD-WINNING 501C3 NONPROFIT ORGANIZATION SERVING THE CENTRAL FLORIDA COMMUNITY TO CREATE OPPORTUNITIES FOR STUDENTS IN MARGINALIZED COMMUNITIES TO ACHIEVE INTERGENERATIONAL MOBILITY THROUGH FINANCIAL EDUCATION. 8 CENTS IN A JAR REPRESENTS A NEW BEGINNING FOR STUDENTS TO SAVE MONEY AND ERADICATE THE CYCLE OF GENERATIONAL POVERTY. OUR OBJECTIVE IS TO EQUIP THE GREATEST POSSIBLE NUMBER OF STUDENTS TO TRANSITION AS A ROLE MODEL FOR FISCAL RESPONSIBILITY, MEASURED IN ECONOMIC AND DEMOGRAPHIC IMPROVEMENT BEHAVIORS CONSISTENT WITH THOSE IN A FINANCIALLY SOUND COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lashea Reaves President | 8 | $0 | |
Jamara Wilson Chairman | 8 | $0 | |
Cherrief Jackson Secretary | 8 | $0 | |
Trimeshia Smiley Trustee | 8 | $0 | |
Jazzy Washington Trustee | 8 | $0 | |
Charline Charles Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,701 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $284 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,985 |
| 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 | $9,872 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,858 |
| Total expenses | $48,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,005 |
| Other assets | $0 |
| Total assets | $186,495 |
| Total liabilities | $10,170 |
| Net assets or fund balances | $176,325 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that 8 Cents In A Jar Inc has recieved totaling $72,394.
| Awarding Organization | Amount |
|---|---|
Victory Cup Initiative Inc Winter Park, FL PURPOSE: CHARITABLE PURPOSE | $72,350 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Catholic Charities Of Central Florida Inc Orlando, FL | $24,415,788 | $11,365,377 |
Cesc Tallahassee, FL | $2,842,233 | $8,438,048 |
Community Action Agency Of Northeast Alabama Inc Rainsville, AL | $2,230,676 | $9,389,918 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Embrace Families Inc Maitland, FL | $11,608,640 | $10,892,906 |
Gyros For Heroes Foundation Lake Wales, FL | $1,337,269 | $9,515,889 |
Lutheran Social Services Of Northeast Florida Inc Jacksonville, FL | $7,665,329 | $9,370,030 |
Catholic Charities Of The Archdiocese Of Atlanta Inc Smyrna, GA | $7,542,263 | $7,621,704 |
King David Community Center Of Atlanta Inc Norcross, GA | $14,732,900 | $8,925,593 |
Grace Place For Children And Families Inc Naples, FL | $14,396,956 | $6,420,255 |