Kids Financial Literacy Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-4574319
Organization Overview
Kids Financial Literacy Inc is located in Brooklyn, NY. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids Financial Literacy 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 12/2022, Kids Financial Literacy Inc generated $168.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.7%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE COMPANY EDUCATES CHILDREN FROM 5TH THROUGH 8TH GRADE ABOUT MONEY. WE TEACH THEM THE BASICS OF MONEY, BUSINESS, TAXES, BANKS, CREDIT CARDS, SAVING, AND INVESTING. WEVE EDUCATED THOUSANDS OF STUDENTS THROUGHOUT THE YEAR, VISITING ABOUT 17 SCHOOLS THROUGHOUT NY AND NJ. WE SERVE JEWISH DAY SCHOOLS AS WELL AS PAROCHIAL SCHOOLS. EACH SCHOOL WE EDUCATE THE STUDENTS DIRECTLY WITH OUR INSTRUCTOR. ALL THE STUDENTS RECEIVE OUR WORKBOOKS, AND THE TEACHERS RECEIVE OUR TEACHING GUIDE. THE THREE LARGEST PROGRAM SERVICES ARE: PRESENTATION OF THE 3-DIMENSIONAL BOARDS IN THE CLASSROOM, WORKBOOKS, AND TEACHING GUIDES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Sutton Treasurer | 10 | $3,250 | |
Isaac Sutton Vice President | 1 | $0 | |
Eli Sitt Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,250 |
| Professional fees and other payments to independent contractors | $830 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $233 |
| Total expenses | $4,313 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,895 |
| Other assets | $0 |
| Total assets | $3,895 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,895 |