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The Fly Initiative

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

EIN: 464897451 ✦ Cranston, RI ✦ Designated as a 501(c)(3)

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Overview

What is The Fly Initiative?

The Fly Initiative is a nonprofit organization situated at 240 Summer Street, Cranston, Rhode Island (RI 02910). Their primary focus is on promoting financial literacy across various age groups, achieving this through the use of educational materials and curriculum. They offer a range of educational services and programs aimed at teaching financial literacy to both youth and other stakeholders. With a team of eight dedicated professionals, The Fly Initiative plays a significant role in fostering financial knowledge and understanding within its community.


Official website here: www.flyinitiative.org

What do the Facebook reviews say about The Fly Initiative?

There are currently two reviews available for The Fly Initiative on Facebook, both of which highlight the importance of the organization's mission. This nonprofit is focused on providing financial literacy to youth, particularly those in urban environments, which is seen as a crucial step in empowering a generation that faces significant fiscal challenges.

One of the reviews praises the initiative's commitment to addressing issues that young people encounter related to financial management and advice. It notes that the program is especially beneficial for those who may be more susceptible to exploitation due to their circumstances. This indicates that the initiative is well-received for its targeted outreach and educational efforts.

Overall, the sentiment towards The Fly Initiative is positive, with an emphasis on its critical role in enhancing youth financial knowledge and skills, especially among those in more vulnerable positions.


This AI summary has been generated from reviews found on Facebook.

Is The Fly Initiative legitimate?

The Fly Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fly Initiative 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: $42,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,483

For more financial information, click here


Official website here: www.flyinitiative.org

What is the mission statement of The Fly Initiative?

The mission of The Fly Initiative is centered around providing educational services and programs. Their primary objective is to teach financial literacy to youth and other stakeholders. They achieve this through the use of program materials and curriculum, aiming to educate individuals of all ages in financial literacy concepts. The initiative's activities are geared towards empowering individuals with the knowledge necessary to make informed financial decisions.


Official website here: www.flyinitiative.org

Who is the CEO of The Fly Initiative?

Marcy Reyes is the Ceo of The Fly Initiative. The CEO's salary of The Fly Initiative is $42,568 and their total compensation is $42,568.


Official website here: www.flyinitiative.org

What is the revenue of The Fly Initiative?

The Fly Initiative's revenue in 2022 was $42,713.


Official website here: www.flyinitiative.org

Who are the executives of The Fly Initiative and what are their salaries?

The average compensation at The Fly Initiative during 2022 was $34,381. There are 8 employees at The Fly Initiative.


Here are 6 key members and their salaries (The Fly Initiative's CEO's salary is $42,568 and their total compensation is $42,568):


Marcy Reyes (Ceo)
  • Compensation: $42,568
  • Related: $0
  • Other: $0
Lilia Kirtley Holt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kashmanian (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Medina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lammis Vargas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.flyinitiative.org

Where can I find the form 990 for The Fly Initiative?

The Fly Initiative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.flyinitiative.org

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

Mission Statement of The Fly Initiative

The Fly Initiative, as a nonprofit organization, is dedicated to providing educational services and programs. Its primary mission is to foster financial literacy among youth and various stakeholders. Through the use of program materials and curriculum, The Fly Initiative strives to educate individuals across different age groups about financial management. By doing so, the organization aims to empower its learners with the necessary skills to make informed financial decisions, ultimately fostering financial stability and independence.

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Impact




August, 2024

The Fly Initiative's impact lies in empowering individuals of all ages with the essential knowledge and skills needed to achieve financial literacy. Through their educational services and programs, they equip youth and other stakeholders with the tools to make informed financial decisions, ultimately fostering a more financially savvy and prepared community. By focusing on education, The Fly Initiative is contributing to a more financially literate society, potentially leading to increased financial stability and economic empowerment for individuals and families.




This information is meant to be a general summary of The Fly Initiative. 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
$42,713 (2022)
Expenses
$435,477 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $11,350
  • Gross Receipts: $42,713

Assets and Liabilities:

  • Total Assets: $61,391
  • Total Liabilities: $27,960
  • Net Assets: $33,431

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Organization Details

Founding Year

2014

Principal Officer

Marcy Reyes

Main Address

240 SUMMER STREET, CRANSTON, RI, 02910

NTEE Category

Code: P80 - Human services

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