Spiritual Finance Initiative Inc
- Assets
- $23.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westport, MA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2146045
Organization Overview
Spiritual Finance Initiative Inc is located in Westport, MA. The organization was established in 2019. 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. Spiritual Finance Initiative 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, Spiritual Finance Initiative Inc generated $41.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $31.5k during the year ending 12/2022. While expenses have increased by 29.4% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
DELIVERED FINANCIAL LITERACY EDUCATION NATIONALLY AND INTERNATIONALLY THROUGH OUR FLAGSHIP CURRICULUM, THE SPIRITUAL FINANCE CLASS SERIES, AND SPIRITUAL FINANCE COACHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Cudmore President/director | 15 | $19,950 | |
Alexandria Mauck Secretary/director/asst. | 3 | $3,521 | |
James St Pierre Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,064 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,187 |
| Other Revenue | $0 |
| Total Revenue | $41,251 |
| 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 | $26,482 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,033 |
| Total expenses | $31,515 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,216 |
| Other assets | $0 |
| Total assets | $23,216 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,216 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Spiritual Finance Initiative Inc has recieved totaling $8,751.
| Awarding Organization | Amount |
|---|---|
Meredith And Whitney George Family Foundation Inc Darien, CT PURPOSE: GEN'L ON-GOING OPERATIONS | $8,702 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cambridge Credit Counseling Corp Agawam, MA | $10,545,696 | $7,101,425 |
Hebrew Free Loan Society Inc New York, NY | $39,139,675 | $5,814,730 |
Consumers Credit Counseling Service Of Rochester Inc Rochester, NY | $7,908,723 | $3,468,563 |
Start Small Think Big Inc New York, NY | $5,478,531 | $5,454,234 |
Money Management New York, NY | $8,835,712 | $4,309,180 |
Intl Federation Of Red Cross And Red Crescent Soc At The U N Inc New York, NY | $144,561 | $1,804,361 |
Parachute Credit Counseling Inc West Seneca, NY | $1,575,678 | $1,698,417 |
Safeguard Credit Counseling Services Inc Northport, NY | $4,600,765 | $1,433,533 |
New Haven Homeownership Center Inc New Haven, CT | $925,496 | $726,500 |
Grow Brooklyn Inc Brooklyn, NY | $930,864 | $1,128,015 |
Neighborhood Housing Services Of Brooklyn Bedford-Stuyvesant Cdc In Brooklyn, NY | $839,212 | $801,648 |
Qualitas Of Life Foundation New York, NY | $483,767 | $488,279 |