Overview
What is Consumer Financial Education Foundation Of America Inc?
Consumer Financial Education Foundation Of America Inc, located in Birmingham, Alabama, is a nonprofit organization dedicated to assisting financially distressed individuals and families. With a team of five employees, they provide comprehensive financial management education and training, emphasizing responsible credit usage, the availability of credit counseling, and budgetary analysis. Their mission is to empower individuals by offering personalized guidance, enabling them to create and adhere to budget plans, thereby improving their financial well-being.
Official website here: www.cfefa.org
Is Consumer Financial Education Foundation Of America Inc legitimate?
Consumer Financial Education Foundation Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Financial Education Foundation Of America 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: $104,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,001
For more financial information, click here
Official website here: www.cfefa.org
What is the mission statement of Consumer Financial Education Foundation Of America Inc?
The Consumer Financial Education Foundation of America Inc. is dedicated to providing financial management education and training to financially troubled individuals and families. This includes offering counseling on responsible credit use, making credit counseling services available, and assisting in budgetary analysis. The organization's goal is to help these individuals and families create action plans to meet their financial goals. Their personnel conduct interviews to analyze financial situations and provide tailored advice.
Official website here: www.cfefa.org
Who is the CEO of Consumer Financial Education Foundation Of America Inc?
Richard Mauk is the Member,Vp,Se of Consumer Financial Education Foundation Of America Inc.
Official website here: www.cfefa.org
What is the revenue of Consumer Financial Education Foundation Of America Inc?
Consumer Financial Education Foundation Of America Inc's revenue in 2022 was $256,885.
Official website here: www.cfefa.org
Who are the executives of Consumer Financial Education Foundation Of America Inc and what are their salaries?
The average compensation at Consumer Financial Education Foundation Of America Inc during 2022 was $37,061. There are 5 employees at Consumer Financial Education Foundation Of America Inc.
Here are 7 key members and their salaries:
- Compensation: $86,035
- Related: $0
- Other: $0
- Compensation: $18,267
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cfefa.org
Where can I find the form 990 for Consumer Financial Education Foundation Of America Inc?
Consumer Financial Education Foundation Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfefa.org
Learn more at the official website: www.cfefa.org
Mission Statement of Consumer Financial Education Foundation Of America Inc
Consumer Financial Education Foundation of America Inc, as a nonprofit organization, is dedicated to providing financial management education and training to financially troubled individuals and families. Their mission is threefold. Firstly, they offer counseling on the responsible use of credit, aiming to equip individuals with the knowledge needed to make informed decisions about credit usage. Secondly, they make credit counseling services available, providing a resource for those in need of financial guidance. Lastly, they assist in budgetary analysis, helping individuals and families to create and adhere to budgets that align with their financial goals. The organization's personnel conduct client interviews, analyze their financial situations, and develop action plans to help them meet their budgeted objectives.
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Impact
October, 2024
Consumer Financial Education Foundation Of America Inc significantly impacts individuals and families facing financial challenges by offering essential education and training in financial management. By providing counseling on the responsible use of credit, they empower clients to make informed financial decisions, helping them understand the options available through credit counseling.
The organization conducts personalized interviews with clients to thoroughly analyze their financial situations, enabling them to develop tailored action plans that assist in achieving budgetary goals. This hands-on approach not only equips clients with the knowledge and skills to navigate their financial difficulties but also fosters long-term financial stability and independence.
Operating out of Birmingham, Alabama, the foundation's mission directly addresses the needs of those who are financially troubled, supporting them in developing effective budgeting strategies. Through its commitment to education and targeted assistance, the foundation plays a crucial role in strengthening the financial well-being of the community it serves.
This information is meant to be a general summary of Consumer Financial Education Foundation Of America 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Program Service Revenue: $256,209
- Gross Receipts: $256,885
Assets and Liabilities:
- Total Assets: $25,717
- Total Liabilities: $277,399
- Net Assets: -$251,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CREDIT COUNSELING SERVICE
Revenue
$256,209
Organization Details
Founding Year
2005
Phone
(205) 321-2822Principal Officer
Richard Mauk
Main Address
3425 5TH AVENUE SOUTH, BIRMINGHAM, AL, 352222312
Website
www.cfefa.orgNTEE Category
Code: P51 - Human services
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