Overview
What is Sage Financial Solutions Inc?
Sage Financial Solutions Inc, located in Pinole, California, is a nonprofit organization dedicated to bridging the gap between financial services professionals and low-income communities. They firmly believe that everyone deserves access to competent and ethical financial services. To achieve this, they offer support to Community Based Organizations (CBOS) and financial life skills programs, ensuring that low-income individuals have the necessary resources and knowledge to manage their finances effectively. By doing so, Sage Financial Solutions Inc is playing a crucial role in promoting financial inclusion and empowerment within underserved communities.
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What are the reviews and ratings of this charity?
Charity Navigator Rating: 42%, Zero Stars.
Sage Financial Solutions Inc received a low rating, reflecting significant concerns in accountability and financial transparency. The organization scored only 36 points in this category, with major deficiencies such as having no independent board members, lack of financial statements, and missing key policies including conflict of interest and whistleblower policies. While it has a reasonable liabilities to assets ratio, its overall financial practices raise red flags.
On a positive note, Sage Financial Solutions has received high marks for its culture and community initiatives, scoring 95. This indicates a strong commitment to its mission and the communities it serves. Additionally, the organization has performed well in equity strategies, scoring 95 out of 100. These strengths suggest that while the nonprofit may have structural and transparency issues, it is effectively engaging with its community and promoting equity.
However, the lack of independent oversight and financial disclosure is concerning and may impact stakeholder trust. Potential donors and supporters should be aware of these limitations when considering their engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sage Financial Solutions Inc legitimate?
Sage Financial Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sage Financial Solutions 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,288
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Official website here: www.sagemoneytalks.wordpress.com/
What is the mission statement of Sage Financial Solutions Inc?
Sage Financial Solutions Inc aims to bridge the gap between financial services professionals and low-income communities. They believe that everyone, regardless of their wealth, deserves access to competent and ethical financial services. To achieve this, they provide support to community-based organizations and financial life skills programs for low-income individuals. Their mission is to enhance the financial literacy and capabilities of these communities, thereby empowering them to make informed financial decisions. By doing so, Sage Financial Solutions Inc contributes to the overall financial stability and well-being of disadvantaged communities.
Official website here: www.sagemoneytalks.wordpress.com/
Who is the CEO of Sage Financial Solutions Inc?
Holly Gillian-Kendel Cfp Clu is the Treasurer of Sage Financial Solutions Inc. The CEO's salary of Sage Financial Solutions Inc is $104,000 and their total compensation is $104,000.
Official website here: www.sagemoneytalks.wordpress.com/
What is the revenue of Sage Financial Solutions Inc?
Sage Financial Solutions Inc's revenue in 2022 was $642,593.
Official website here: www.sagemoneytalks.wordpress.com/
Who are the executives of Sage Financial Solutions Inc and what are their salaries?
Here are 4 key members and their salaries (Sage Financial Solutions Inc's CEO's salary is $104,000 and their total compensation is $104,000):
- Compensation: $104,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sagemoneytalks.wordpress.com/
Where can I find the form 990 for Sage Financial Solutions Inc?
Sage Financial Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sagemoneytalks.wordpress.com/
Learn more at the official website: www.sagemoneytalks.wordpress.com/
Mission Statement of Sage Financial Solutions Inc
Sage Financial Solutions Inc, a nonprofit organization, is committed to bridging the gap between financial services professionals and low-income communities. They firmly believe that everyone, regardless of their financial status, deserves and requires access to competent and ethical financial services. To achieve this, Sage Financial Solutions provides support to Community Based Organizations (CBOs) and financial life skills programs for low-income individuals. Their mission is to empower these communities by equipping them with the necessary financial knowledge and resources, thereby promoting financial stability and independence.
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Impact
July, 2024
Sage Financial Solutions Inc's impact lies in bridging the gap between financial services professionals and low-wealth communities. By providing support to community-based organizations and offering financial life skills programs for low-wealth individuals, Sage Financial Solutions ensures that everyone has access to competent and ethical financial services. Through these initiatives, Sage Financial Solutions contributes to empowering individuals in underserved communities to navigate their financial challenges and build a more secure financial future.
This information is meant to be a general summary of Sage Financial Solutions 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: $3
- Program Service Revenue: $629,290
- Gross Receipts: $642,593
Assets and Liabilities:
- Total Assets: $432,926
- Total Liabilities: $231,855
- Net Assets: $201,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$629,290
Organization Details
Founding Year
2005
Phone
(415) 413-7243Principal Officer
Holly Gillian-Kendel Cfp Clu
Main Address
2101 PEAR STREET 6, PINOLE, CA, 94564
NTEE Category
Code: P51 - Human services
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