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D&E A Financial Education And Training Institute Inc

D&E A Housing & Economic Empowerment Center

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

EIN: 582515058 ✦ East point, GA ✦ Designated as a 501(c)(3)

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Overview

What is D&E A Financial Education And Training Institute Inc?

D&E A Financial Education and Training Institute Inc, located at 2860 East Point Street, East Point, GA 30344, is a nonprofit organization dedicated to empowering underserved populations. Their mission is to facilitate greater involvement in the economic and societal mainstream by offering training and resources. The institute operates as a housing and rehabilitation center, specifically catering to men and women aged 18 and above who have a history of homelessness and substance abuse issues. With a team of three dedicated individuals, they strive to provide the necessary tools and support to help these individuals overcome their challenges and integrate back into society.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating.

D&E A Financial Education And Training Institute Inc has received a 71% score, indicating a need for improvement in certain areas of its operations. The organization has demonstrated strengths in accountability and financial management, boasting a fully independent board and a robust audit and oversight committee. Their program expense ratio is commendable at 72.79%, which shows a significant commitment to directing funds toward their educational initiatives.

However, the organization's financial health raises concerns, particularly with a liabilities to assets ratio of 130.13%, indicating that liabilities exceed assets significantly. This could signal potential financial instability, which may impact future operations and program delivery. Despite its strengths, stakeholders should consider these financial challenges when evaluating the nonprofit's overall effectiveness and sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is D&E A Financial Education And Training Institute Inc legitimate?

D&E A Financial Education And Training Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. D&E A Financial Education And Training Institute 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: $287,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of D&E A Financial Education And Training Institute Inc?

The mission of D&E A Financial Education and Training Institute Inc. is to empower underserved populations by offering relevant training and resources, thereby facilitating their increased participation in the economic and societal mainstream. The organization's primary goal is to develop strategies that enable these populations to become more integrated into the broader society. As part of its mission, D&E A provides housing and rehabilitation programs for individuals aged 18 and above who have a history of homelessness and substance abuse issues. These programs aim to provide them with the necessary tools and support to re-integrate into society and lead more stable lives.

Who is the CEO of D&E A Financial Education And Training Institute Inc?

Carrie T Harris is the President of D&E A Financial Education And Training Institute Inc.

What is the revenue of D&E A Financial Education And Training Institute Inc?

D&E A Financial Education And Training Institute Inc's revenue in 2022 was $1,323,516.

Who are the executives of D&E A Financial Education And Training Institute Inc and what are their salaries?

The average compensation at D&E A Financial Education And Training Institute Inc during 2022 was $95,977. There are 3 employees at D&E A Financial Education And Training Institute Inc.


Here are 5 key members and their salaries:


C W Copeland (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Novella B Scott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joeretta R Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denva W Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie T Harris (President)
  • Compensation: $142,392
  • Related: $0
  • Other: $0
Where can I find the form 990 for D&E A Financial Education And Training Institute Inc?

D&E A Financial Education And Training Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of D&E A Financial Education And Training Institute Inc

D&E A Financial Education and Training Institute Inc is committed to a mission of empowering underserved populations. By providing training and resources, their objective is to facilitate greater involvement of these groups in the economic and societal mainstream. This mission is geared towards breaking down barriers and enabling these populations to participate more fully in the broader community.

In pursuit of this mission, D&E A Financial Education and Training Institute Inc offers housing and rehabilitation programs for individuals aged 18 and above who have a history of homelessness and substance abuse issues. These programs aim to provide a supportive environment where individuals can regain their footing and work towards overcoming their challenges. Through these initiatives, the institute seeks to equip these individuals with the tools and resources necessary to rejoin the mainstream and lead fulfilling lives.

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Impact




July, 2024

D&E A Financial Education and Training Institute Inc has a significant impact on underserved populations by providing vital training and resources to empower individuals to participate more fully in the economic and societal mainstream. Through their housing and rehabilitation programs, they offer support for men and women aged 18 and older who have faced homelessness and substance abuse issues. By addressing these challenges and providing essential education and resources, D&E Institute aims to uplift and empower individuals in East Point, Georgia, ultimately working towards a more inclusive and supportive community for all.




This information is meant to be a general summary of D&E A Financial Education And Training Institute 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.

Revenue
$1,323,516 (2022)
Expenses
$1,314,234 (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: $219,643
  • Gross Receipts: $1,323,516

Assets and Liabilities:

  • Total Assets: $835,226
  • Total Liabilities: $1,087,034
  • Net Assets: -$251,808

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Home Savers Services

Revenue

$134,425

Educational Support Services

Revenue

$85,218

Organization Details

Founding Year

2000

Principal Officer

Carrie T Harris

Main Address

2860 EAST POINT STREET, EAST POINT, GA, 30344

NTEE Category

Code: P51 - Human services

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