Financial Literacy 1st Inc
- Assets
- $2.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Largo, MD
- Founding
- Data as of
- 12/2023
- EIN
- 86-1305496
Organization Overview
Financial Literacy 1st Inc is located in Largo, MD. 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. Financial Literacy 1st 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, Financial Literacy 1st Inc generated $8.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 4 years. 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
ACCOMPLISHMENTS DEVELOPING THE CLASSES TO BE TAUGHT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Fulwood President | 15 | $0 | |
Gail White Moore Secretary | 4 | $0 | |
Addison C Fair Treasure | 4 | $0 | |
Tony Perez Board Member | 4 | $0 | |
Stephanie Harris Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,151 |
| 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 | $8,224 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $707 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,267 |
| Total expenses | $5,474 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,817 |
| Other assets | $0 |
| Total assets | $2,817 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,817 |