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Butterfly Financial Education

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

EIN: 473698508 ✦ Clayton, NC ✦ Designated as a 501(c)(3)

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Overview

What is Butterfly Financial Education?

Butterfly Financial Education is a nonprofit organization located in Clayton, North Carolina, committed to enhancing public financial literacy. Their primary focus is on educating individuals about consumer credit, budgeting, and responsible buying habits. They accomplish this through various means, including one-on-one counseling, informative content on their website, workshops, and instructive videos. The organization's mission has positively impacted 7856 individuals in the community, offering debt counseling and financial education services.


Official website here: www.butterflyfe.com

Is Butterfly Financial Education legitimate?

Butterfly Financial Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Butterfly Financial Education submitted a form 990EZ, 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.


Official website here: www.butterflyfe.com

What is the mission statement of Butterfly Financial Education?

Butterfly Financial Education is an organization committed to educating the general public on crucial financial topics such as consumer credit, budgeting, and responsible buying practices. They accomplish this objective through various means, including counseling sessions, their website, workshops, and informative videos. The organization offers debt counseling and financial education, helping a significant number of individuals in their journey towards financial literacy.


Official website here: www.butterflyfe.com

Who is the CEO of Butterfly Financial Education?

Janet Swope is the President of Butterfly Financial Education.


Official website here: www.butterflyfe.com

What is the revenue of Butterfly Financial Education?

Butterfly Financial Education's revenue in 2022 was $183,051.


Official website here: www.butterflyfe.com

Who are the executives of Butterfly Financial Education and what are their salaries?


Here are 3 key members and their salaries:


Janet Swope (President)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Susan Benton Clover (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Fox (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.butterflyfe.com

Where can I find the form 990EZ for Butterfly Financial Education?

Butterfly Financial Education's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.butterflyfe.com

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

Mission Statement of Butterfly Financial Education

Butterfly Financial Education is a nonprofit organization that focuses on educating the public about various financial topics, such as consumer credit, budgeting skills, and responsible buying practices. They achieve this goal through a combination of counseling sessions, educational resources available on their website, workshops, and videos. By providing these services, Butterfly Financial Education assists individuals in managing their debt and improving their financial literacy. To date, they have helped over 7856 people in Clayton, NC, demonstrating their commitment to making a positive impact on financial well-being.

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Impact




October, 2024

Butterfly Financial Education has significantly impacted the community by enhancing financial literacy and improving consumer behavior among residents in Clayton, NC. Through a variety of resources such as counseling, workshops, videos, and an informative website, the organization educates individuals on essential topics including consumer credit, budgeting skills, and purchasing practices. The result of these efforts is evident in the 7,856 individuals who have benefited from their programs, empowering them to make informed financial decisions and manage their debt effectively. By fostering a deeper understanding of financial principles, Butterfly Financial Education plays a crucial role in promoting economic stability and well-being within the community.




This information is meant to be a general summary of Butterfly Financial Education. 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
$183,051 (2022)
Expenses
$159,524 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17
  • Program Service Revenue: $183,034
  • Gross Receipts: $183,051

Assets and Liabilities:

  • Total Assets: $40,203
  • Total Liabilities: $2,349
  • Net Assets: $37,854

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Organization Details

Principal Officer

Janet Swope

Main Address

96 OAK CREEK DRIVE, CLAYTON, NC, 27520

NTEE Category

Code: P51 - Human services

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