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Grassroots Foundation For Financial Literacy

Dba Hooked On A Miracle Kmt

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

EIN: 451143560 ✦ Mount pleasant, SC ✦ Designated as a 501(c)(3)

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Overview

What is Grassroots Foundation For Financial Literacy?

Grassroots Foundation For Financial Literacy is a charitable organization based in Mount Pleasant, South Carolina. Their primary mission is to promote financial education within the community, aiming to empower individuals with essential financial skills. This foundation achieves its goal through various events, with a significant one being the annual Miracle Tournament. The net proceeds from these events are donated to the MUSC Shawn Jenkins Children's Hospital, with 100% of the funds going directly towards supporting families in need. The foundation's DBA name is Hooked on a Miracle KMT.


Official website here: www.hookedonmiracleskmt.com

Is Grassroots Foundation For Financial Literacy legitimate?

Grassroots Foundation For Financial Literacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grassroots Foundation For Financial Literacy 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

For more financial information, click here


Official website here: www.hookedonmiracleskmt.com

What is the mission statement of Grassroots Foundation For Financial Literacy?

The Grassroots Foundation for Financial Literacy is committed to providing financial education to the public. As part of its mission, it organizes fundraising events to support the MUSC Shawn Jenkins Children's Hospital. The foundation, through its annual Miracle Tournament, raises funds and distributes cash prizes, with the net proceeds entirely donated to the MUSC Shawn Jenkins Children's Hospital. The foundation's mission is further reflected in its motto, "Hooked on Miracles," which aims to unite the community to create future miracles for families in need. The foundation's activities are solely focused on this mission, with 100% of the funds raised directly benefiting the local children's hospital.


Official website here: www.hookedonmiracleskmt.com

Who is the CEO of Grassroots Foundation For Financial Literacy?

Alan Richey is the Officer of Grassroots Foundation For Financial Literacy.


Official website here: www.hookedonmiracleskmt.com

What is the revenue of Grassroots Foundation For Financial Literacy?

Grassroots Foundation For Financial Literacy's revenue in 2022 was $120,181.


Official website here: www.hookedonmiracleskmt.com

Who are the executives of Grassroots Foundation For Financial Literacy and what are their salaries?

There 30 volunteers at Grassroots Foundation For Financial Literacy.


Here are 9 key members and their salaries:


Alan Richey (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Richey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Englis Glover (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Britt Tooley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Flanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Walters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Cole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baird Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hookedonmiracleskmt.com

Where can I find the form 990 for Grassroots Foundation For Financial Literacy?

Grassroots Foundation For Financial Literacy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hookedonmiracleskmt.com

Learn more at the official website: www.hookedonmiracleskmt.com

Mission Statement of Grassroots Foundation For Financial Literacy

The Grassroots Foundation for Financial Literacy is committed to enlightening the public about financial matters. Beyond this educational mission, the organization dedicates its resources to supporting the MUSC Shawn Jenkins Children's Hospital through charity events. The foundation's primary fundraising event, the Miracle Tournament, raises funds through cash prize competitions. Notably, 100% of the net proceeds from this event are donated to the MUSC Shawn Jenkins Children's Hospital, demonstrating the organization's staunch support for the institution and the families it serves. In this manner, the Grassroots Foundation for Financial Literacy combines its financial literacy mission with a charitable focus, aiming to improve the lives of families in need.

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Impact




October, 2024

Grassroots Foundation For Financial Literacy significantly impacts the community by providing essential financial education to the public while supporting the MUSC Shawn Jenkins Children's Hospital through fundraising events. Their commitment is exemplified by the annual Miracle Tournament, which raises funds vital for the children's hospital. One hundred percent of the net proceeds from this tournament are donated directly to the hospital, ensuring that all funds contribute to enhancing the hospital's services for families in need.

Additionally, their mission, "Hooked on Miracles," seeks to engage the community in collective efforts to support families facing challenges, reinforcing a sense of unity and purpose in the Lowcountry. By focusing on financial literacy and generating funds for healthcare, the foundation not only educates individuals but also provides critical resources to vulnerable families, creating a lasting impact on the community's well-being.




This information is meant to be a general summary of Grassroots Foundation For Financial Literacy. 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
$120,181 (2022)
Expenses
$119,768 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $212,577

Assets and Liabilities:

  • Total Assets: $5,182
  • Total Liabilities: $0
  • Net Assets: $5,182

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Organization Details

Founding Year

2011

Principal Officer

Alan Richey

Main Address

2888 RIVER VISTA WAY, MOUNT PLEASANT, SC, 29466

NTEE Category

Code: P51 - Human services

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