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Flcct Inc

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

EIN: 342018800 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Flcct Inc?

Flcct Inc, based in Austin, Texas, is a nonprofit organization situated at 3616 Far West Blvd 117-117. Their primary mission is to enhance the financial well-being of the underprivileged community in Travis-Williamson County. By conducting assessments and offering financial education, they aim to help individuals manage their finances more effectively. Their initiatives include teaching financial literacy in schools and providing educational resources to minor traffic offenders in Williamson County. With a dedicated team of two employees, Flcct Inc is committed to empowering Texans to achieve financial freedom.


Official website here: www.financialhp.org/

Is Flcct Inc legitimate?

Flcct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flcct 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: $163,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,157

For more financial information, click here


Official website here: www.financialhp.org/

What is the mission statement of Flcct Inc?

Flcct Inc's mission is centered around enhancing the financial well-being of individuals. They actively advocate for the underprivileged and offer educational resources to aid them in achieving financial independence. The organization's primary focus is on improving financial health. In addition to advocacy, Flcct Inc provides educational initiatives, such as matching savings programs for low-income community members and financial education classes in schools. They also extend financial education to minor traffic offenders in Williamson County.


Official website here: www.financialhp.org/

Who is the CEO of Flcct Inc?

Lourdes Zuniga is the Executive Director of Flcct Inc.


Official website here: www.financialhp.org/

What is the revenue of Flcct Inc?

Flcct Inc's revenue in 2022 was $385,300.


Official website here: www.financialhp.org/

Who are the executives of Flcct Inc and what are their salaries?

The average compensation at Flcct Inc during 2022 was $82,469. There are 2 employees and 30 volunteers at Flcct Inc.


Here are 7 key members and their salaries:


Lourdes Zuniga (Executive Director)
  • Compensation: $163,782
  • Related: $0
  • Other: $0
Margaret Rittenhouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Van Tilburg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gonzalo Herreros (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Urias (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.financialhp.org/

Where can I find the form 990 for Flcct Inc?

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


Official website here: www.financialhp.org/

Learn more at the official website: www.financialhp.org/

Mission Statement of Flcct Inc

FLCCT, short for Financial Literacy and Credit Counseling of Texas, is dedicated to enhancing the financial well-being of Texans. This nonprofit organization advocates on behalf of the underprivileged and offers them the necessary education and resources to attain financial independence. By focusing on improving financial health, FLCCT aims to empower the under-served community in Texas, enabling them to achieve financial freedom. Some of the initiatives taken by FLCCT include an established savings program that offers matching savings to low-income community members, conducting a community assessment of the financial health of Travis-Williamson County residents, and providing financial education classes in schools. Additionally, FLCCT also offers financial education to minor traffic offenders in Williamson County, contributing to the overall financial literacy of the community.

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Impact




October, 2024

Flcct Inc significantly impacts the financial health of Texans, particularly focusing on under-served communities. By advocating for low-income individuals, they provide essential education and resources designed to empower these residents toward achieving financial independence. Their established savings initiative, which offers matching savings, directly incentivizes and supports low-income community members in building their savings.

Furthermore, Flcct Inc has actively assessed the financial conditions of residents in Travis-Williamson County, providing insights that can inform future programs and services. Their commitment to financial education is evident through classes offered in schools and targeted training for minor traffic offenders, equipping a diverse range of individuals with the skills to manage their finances better. Overall, Flcct Inc plays a crucial role in fostering financial literacy and stability within the communities they serve, promoting long-term economic well-being.




This information is meant to be a general summary of Flcct 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
$385,300 (2022)
Expenses
$233,637 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $555
  • Program Service Revenue: $2,000
  • Gross Receipts: $385,300

Assets and Liabilities:

  • Total Assets: $664,371
  • Total Liabilities: $65,001
  • Net Assets: $599,370

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Programs

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

Financial Literacy Trng.

Revenue

$2,000

Organization Details

Founding Year

2004

Principal Officer

Lourdes Zuniga

Main Address

3616 Far West Blvd 117-117, Austin, TX, 78731

NTEE Category

Code: P51 - Human services

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