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Incharge Education Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200152720 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Incharge Education Foundation Inc?

Incharge Education Foundation Inc, based in Orlando, Florida, is a nonprofit organization dedicated to supporting Incharge Debt Solutions (IDS) in their mission of providing financial education to individuals and families in financial distress. They achieve this by producing educational resources such as articles, newsletters, online courses, interactive tools, and workshops on money management and personal finance. Additionally, they conduct free financial literacy workshops and homebuyer education classes for the general public. During 2022, 956 individuals attended these sponsored educational workshops and classes. The foundation also offers Military Money, an outreach initiative providing free financial education to service members, veterans, and their families. In 2022, Military Money articles received over 241,000 visits. The foundation provides IT and marketing support for IDS's credit, bankruptcy, and housing counseling programs. This includes hardware maintenance, telephony services, security compliance, software development, and website development to reach potential program beneficiaries.


Official website here: www.inchargefoundation.org

Is Incharge Education Foundation Inc legitimate?

Incharge Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Incharge Education Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $138,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,069,557

For more financial information, click here


Official website here: www.inchargefoundation.org

What is the mission statement of Incharge Education Foundation Inc?

The Incharge Education Foundation Inc operates to support Incharge Debt Solutions (IDS) by providing financial education programs and resources to individuals involved in credit, bankruptcy, and housing counseling. This is done through the creation and distribution of educational materials and the provision of marketing and IT support for IDS programs. The foundation also extends its educational services to the general public, conducting numerous outreach seminars in collaboration with IDS, aimed at enhancing financial literacy among attendees.


Official website here: www.inchargefoundation.org

Who is the CEO of Incharge Education Foundation Inc?

Karen Carlson is the Trustee of Incharge Education Foundation Inc.


Official website here: www.inchargefoundation.org

What is the revenue of Incharge Education Foundation Inc?

Incharge Education Foundation Inc's revenue in 2022 was $5,191,200.


Official website here: www.inchargefoundation.org

Who are the executives of Incharge Education Foundation Inc and what are their salaries?

The average compensation at Incharge Education Foundation Inc during 2022 was $69,004. There are 32 employees and 3 volunteers at Incharge Education Foundation Inc.


Here are 12 key members and their salaries:


Richard Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gall (Trustee Until March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Malseed (President)
  • Compensation: $0
  • Related: $239,157
  • Other: $12,729
Etta W Money (Secretary/Treasurer)
  • Compensation: $0
  • Related: $418,106
  • Other: $30,873
Karen Carlson (Sr. Dir. Of Educ/Dig. Mkt.)
  • Compensation: $179,570
  • Related: $0
  • Other: $29,243
Shawn Walsh (Sr. Dir. Of Business Dev.)
  • Compensation: $158,233
  • Related: $0
  • Other: $22,360
Soraia Dearaujo (Vp Of Operations)
  • Compensation: $0
  • Related: $230,108
  • Other: $24,319
Robert Darroch (Senior Software Engineer)
  • Compensation: $100,301
  • Related: $0
  • Other: $5,643
Ahmed Moyeen (Sr. Software Engineer)
  • Compensation: $112,200
  • Related: $0
  • Other: $14,964
Billy Sexton (Network Administrator)
  • Compensation: $113,035
  • Related: $0
  • Other: $13,706
Sherana Bakhsh (Bus. Sys. Analyst/Qa Lead)
  • Compensation: $109,831
  • Related: $0
  • Other: $7,791


Official website here: www.inchargefoundation.org

Where can I find the form 990 for Incharge Education Foundation Inc?

Incharge Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inchargefoundation.org

Learn more at the official website: www.inchargefoundation.org

Mission Statement of Incharge Education Foundation Inc

Incharge Education Foundation Inc serves a vital role in supporting Incharge Debt Solutions (IDS) by offering financial education programs and resources to individuals participating in credit, bankruptcy, and housing counseling initiatives. Beyond its commitment to IDS, the foundation extends its educational offerings to the general public, providing a wide array of financial literacy materials and services. To further its mission, Incharge Education Foundation Inc conducts numerous outreach seminars in collaboration with IDS, aiming to enhance the financial knowledge and understanding of seminar attendees.

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Impact




October, 2024

Incharge Education Foundation Inc significantly enhances financial literacy and education for individuals facing financial distress. By collaborating with Incharge Debt Solutions, the foundation offers a range of financial education programs and resources tailored for those participating in credit, bankruptcy, and housing counseling.

Over the past year, nearly 1,000 individuals benefited from workshops and classes aimed at improving their understanding of money management, personal finance, and responsible credit use. The foundation has developed valuable educational products, including articles, newsletters, online courses, interactive tools, and workshops, which empower individuals with knowledge and skills necessary for financial stability.

A notable initiative, "Military Money," extends targeted financial education to service members, veterans, and their families, providing access to free resources such as online articles and podcasts. This program attracted substantial attention, with its articles receiving over 241,000 visits and radio clips offering quick financial tips airing across the Armed Forces Radio Network.

In addition to educational outreach, the foundation supports Incharge Debt Solutions with essential IT and marketing services, ensuring that counseling programs are effectively communicated and accessible to those in need. By continuously seeking partnerships with other organizations, Incharge Education Foundation Inc amplifies its impact, fostering financial empowerment and literacy within the community.




This information is meant to be a general summary of Incharge Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,191,200 (2022)
Expenses
$5,221,635 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56,870
  • Program Service Revenue: $5,134,330
  • Gross Receipts: $7,795,282

Assets and Liabilities:

  • Total Assets: $5,398,425
  • Total Liabilities: $125,490
  • Net Assets: $5,272,935

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL PROGRAMS/OUTREACH

Revenue

$5,134,330

Organization Details

Founding Year

2003

Principal Officer

Karen Carlson

Main Address

5750 MAJOR BLVD 310, ORLANDO, FL, 32819

NTEE Category

Code: P51 - Human services

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