Overview
What is Coalition For Financial Security?
Coalition for Financial Security is a Washington, D.C.-based nonprofit organization located at 3000 K Street NW S320. Their primary mission is to educate the public, decision-makers, and stakeholders about financial insecurity and advocate for policies that expand access to financial advice and information. In 2021, they highlighted the disparities between financially secure and insecure families, often attributed to a lack of financial literacy and limited contact with financial experts. By advocating for financial literacy education in schools and promoting access to qualified financial advice, Coalition for Financial Security aims to empower Americans and bridge the gap between "haves" and "have nots."
Is Coalition For Financial Security legitimate?
Coalition For Financial Security is a legitimate nonprofit organization registered as a 501(c)(4) entity. Coalition For Financial Security 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Coalition For Financial Security?
The Coalition for Financial Security continues to advocate for improving financial security among Americans. In 2021, they highlighted the disparity between financially secure families and their income-matched neighbors, attributing this gap to deficiencies in financial literacy and limited access to financial experts. The organization aims to address these issues by advocating for enacting financial literacy education in schools and ensuring all communities have access to qualified financial advice. The Coalition for Financial Security's mission entails empowering Americans with the necessary knowledge and resources, promoting legislative changes to support financial literacy and access to financial experts.
What is the revenue of Coalition For Financial Security?
Coalition For Financial Security's revenue in 2021 was $257,250.
Who are the executives of Coalition For Financial Security and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Coalition For Financial Security?
Coalition For Financial Security's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Coalition For Financial Security
The Coalition for Financial Security's mission revolves around enlightening the public, policymakers, and various stakeholders about the root causes of financial insecurity and the means by which more Americans can secure their financial well-being. In 2021, the organization continued its crusade, bringing to light the intriguing contrast between families who are financially stable, despite having similar income levels, and their neighbors who struggle financially. This disparity, as revealed by the Coalition's research and that of other organizations such as JumpStart and LIMRA, can be attributed to a lack of financial literacy and limited interaction with financial experts.
To address this issue, the Coalition for Financial Security advocates for solutions that empower Americans by equipping them with essential knowledge and resources. These solutions include financial education and easy access to financial advisors. The organization's efforts contribute to the enactment of legislation mandating financial literacy education in schools and ensuring that all communities have access to competent financial advice. The ultimate goal is to help individuals become financially literate and independent, thereby bridging the gap between the financial "haves" and "have nots."
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Impact
October, 2024
The Coalition for Financial Security (CFS) significantly impacts financial literacy and access to financial resources among Americans, particularly those in underserved communities. By educating the public and decision-makers about the complexities of financial insecurity, CFS addresses the disparities between families who are financial "haves" and "have nots," even when they share similar income levels. Their research highlights critical issues, such as the profound lack of financial literacy and the limited access to financial experts, which contribute to these inequalities.
In 2021, CFS focused on advocating for policies that improve access to financial advice for working-class families, actively opposing proposals that would restrict it. This advocacy has been crucial in communicating the needs of various stakeholders to policymakers, ensuring that those from all socio-economic backgrounds receive the financial education and support necessary for a secure financial future.
CFS's efforts are instrumental in promoting legislation that mandates financial literacy education in schools, thereby embedding financial knowledge at a foundational level for future generations. By empowering individuals with the skills and resources they need to navigate their financial landscapes, CFS is fostering a more equitable financial environment, bolstering the overall economic resilience of communities across the nation.
This information is meant to be a general summary of Coalition For Financial Security. 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 2021.
- Gross Receipts: $257,250
Assets and Liabilities:
- Total Assets: $14,313
- Total Liabilities: $0
- Net Assets: $14,313
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Organization Details
Founding Year
2006
Principal Officer
Jeremy Van Ess
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