Overview
What is Stocks In The Future Foundation Inc?
Stocks In The Future Foundation Inc is a nonprofit organization situated in Towson, Maryland. Their primary objective is to empower middle school students by teaching them essential financial life skills. Through a three-year program, students learn about business concepts, economic research, and the reasons for taking a company public. They also gain insight into comparing stock performance. By attending school regularly and improving their grades, students can earn up to 80 "SIF dollars" annually. These earnings can be used to purchase stocks, which they can claim upon high school graduation and turning 18 years of age. The foundation focuses on schools in Baltimore City, Maryland, and primarily targets underserved students, aiming to enhance their academic performance and motivation through financial education.
Official website here: www.sifonline.org
What do the Facebook reviews say about Stocks In The Future Foundation Inc?
94% of 11 reviewers on Facebook recommend Stocks In The Future Foundation Inc. Here is a summary of their reviews:
Many users praise the organization for its impactful programs aimed at promoting financial literacy among middle school students in Baltimore. The enthusiasm expressed for the initiative highlights its effectiveness in engaging young learners and fostering essential skills. Those involved appreciate the dedication to educating this age group, suggesting that the foundation truly makes a difference in the community.
Overall, the sentiment surrounding the nonprofit is overwhelmingly positive, with supporters acknowledging its commitment to enhancing financial understanding. The strong recommendation rate reflects satisfaction with the services and the organization's promise to equip youth with important financial knowledge.
This AI summary has been generated from reviews found on Facebook.
Is Stocks In The Future Foundation Inc legitimate?
Stocks In The Future Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stocks In The Future Foundation 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: $61,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,387
For more financial information, click here
Official website here: www.sifonline.org
What is the mission statement of Stocks In The Future Foundation Inc?
Stocks In The Future Foundation Inc's mission is centered around enhancing school performance by teaching financial literacy to middle school students who require motivation. The organization's primary focus is on underserved students, primarily in Baltimore City, Maryland. Through a three-year program, SIF introduces students to business concepts, economic research, and the reasons for taking a company public. The students have the opportunity to earn up to 80 "SIF dollars" annually by maintaining good attendance and improving grades. These earnings can be used to purchase stocks, which can be claimed upon high school graduation and reaching the age of 18. In essence, SIF aims to motivate students and equip them with financial skills, thereby investing in their education.
Official website here: www.sifonline.org
Who is the CEO of Stocks In The Future Foundation Inc?
Brandon Croxon is the President of Stocks In The Future Foundation Inc.
Official website here: www.sifonline.org
What is the revenue of Stocks In The Future Foundation Inc?
Stocks In The Future Foundation Inc's revenue in 2022 was $189,999.
Official website here: www.sifonline.org
Who are the executives of Stocks In The Future Foundation Inc and what are their salaries?
The average compensation at Stocks In The Future Foundation Inc during 2022 was $74,074. There is 1 employee at Stocks In The Future Foundation Inc.
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Official website here: www.sifonline.org
Where can I find the form 990 for Stocks In The Future Foundation Inc?
Stocks In The Future Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sifonline.org
Learn more at the official website: www.sifonline.org
Mission Statement of Stocks In The Future Foundation Inc
Stocks In The Future Foundation Inc's mission is centered around enhancing the academic performance of underserved middle school students, particularly in Baltimore City, Maryland. The nonprofit organization achieves this goal by educating these students about financial literacy. Their primary objective is to motivate these students by teaching them essential financial skills, such as market research, business concepts, and the reasons for taking a company public. Furthermore, Stocks In The Future Foundation Inc offers an incentive system where students can earn up to 80 "SIF dollars" per year by regularly attending school and improving their grades. This earned money can then be used to purchase stocks, which the students can claim upon graduating from high school and reaching the age of 18. By doing so, the foundation aims to instill a sense of investment in their education and financial future.
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Impact
October, 2024
Stocks In The Future Foundation Inc significantly enhances the educational landscape for underserved middle school students, primarily in Baltimore City, MD. By offering a comprehensive financial literacy program, it equips students with essential life skills that directly impact their academic engagement and future financial independence.
The three-year curriculum introduces critical business concepts, economic principles, and market research, fostering a deeper understanding of how to manage personal finances and invest wisely. As students learn about the stock market, they are incentivized to improve their academic performance through a rewards system that allows them to earn "SIF dollars." This innovative approach not only promotes school attendance and grade improvement but also instills a sense of ownership and responsibility towards their financial future.
Through this unique blend of education and motivation, Stocks In The Future Foundation Inc not only prepares students for successful academic trajectories but also lays the groundwork for their long-term financial literacy and empowerment. By targeting those in underserved communities, the organization plays a crucial role in bridging the educational gaps and cultivating the next generation of financially savvy individuals.
This information is meant to be a general summary of Stocks In The Future Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $416
- Program Service Revenue: $5,000
- Gross Receipts: $189,999
Assets and Liabilities:
- Total Assets: $88,725
- Total Liabilities: $0
- Net Assets: $88,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Revenue
$5,000
Organization Details
Founding Year
2002
Phone
(443) 844-7188Principal Officer
Brandon Croxon
Main Address
PO Box 19124, Towson, MD, 21284
Website
www.sifonline.orgNTEE Category
Code: T22 - Philanthropy
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