Overview
What is Dollar Learning Foundation Inc?
The Dollar Learning Foundation Inc, located in Woodland Hills, California, is a nonprofit organization that prioritizes financial literacy. By offering credit counseling and debtor education courses, they aim to educate individuals and families grappling with financial difficulties. Their programs focus on analyzing income and expenses to develop a functional household budget and promoting wise credit usage. Through these initiatives, the Dollar Learning Foundation Inc strives to empower individuals to manage their finances effectively, ultimately improving their financial well-being.
Official website here: www.dollarbk.org
Is Dollar Learning Foundation Inc legitimate?
Dollar Learning Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dollar Learning 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: $104,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,304
For more financial information, click here
Official website here: www.dollarbk.org
What is the mission statement of Dollar Learning Foundation Inc?
The Dollar Learning Foundation's mission is centered around providing financial literacy programs to individuals and their families who are experiencing financial distress. Their primary objectives include offering credit counseling courses that focus on financial education, with a particular emphasis on clients' income and expenses, to help develop a functional household budget. Additionally, they provide debtor education courses, which concentrate on teaching effective money management and the wise use of credit. These programs aim to equip individuals with the necessary skills to overcome their financial struggles.
Official website here: www.dollarbk.org
What is the revenue of Dollar Learning Foundation Inc?
Dollar Learning Foundation Inc's revenue in 2023 was $1,347,493.
Official website here: www.dollarbk.org
Who are the executives of Dollar Learning Foundation Inc and what are their salaries?
There 10 volunteers at Dollar Learning Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
Official website here: www.dollarbk.org
Where can I find the form 990 for Dollar Learning Foundation Inc?
Dollar Learning Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dollarbk.org
Learn more at the official website: www.dollarbk.org
Mission Statement of Dollar Learning Foundation Inc
The Dollar Learning Foundation, an organization dedicated to financial literacy, aims to assist individuals and their families who are grappling with financial distress. Its mission is to provide educational programs that focus on financial literacy, with a particular emphasis on understanding income and expenses to create a practical budget for households. The foundation offers two primary courses: credit counseling and debtor education. The former focuses on financial education, delving into the intricacies of income and expenses to construct a functional household budget. The latter, debtor education, concentrates on money management and the wise utilization of credit. Through these programs, the Dollar Learning Foundation seeks to empower individuals to gain control over their financial situations.
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Impact
October, 2024
Dollar Learning Foundation Inc makes a significant impact by providing essential financial literacy programs aimed at individuals and families facing financial distress. Their services include comprehensive credit counseling and debtor education courses that equip participants with the knowledge and skills necessary to manage their finances effectively.
Through the credit counseling course, clients receive tailored financial education focused on assessing their income and expenses, which enables them to develop a practical and sustainable household budget. This foundational knowledge empowers individuals to regain control over their financial situations and fosters long-term financial stability.
Additionally, the debtor education course emphasizes money management and the responsible use of credit, guiding clients toward making informed financial decisions that can lead to improved credit scores and reduced debt. By addressing the specific challenges faced by those in financial distress, Dollar Learning Foundation Inc plays a crucial role in fostering financial resilience and promoting healthier economic outcomes for households in Woodland Hills, CA, and beyond.
This information is meant to be a general summary of Dollar Learning 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 2023.
- Program Service Revenue: $1,347,493
- Gross Receipts: $1,347,493
Assets and Liabilities:
- Total Assets: $257,268
- Total Liabilities: $690,308
- Net Assets: -$433,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING SERVICES
Revenue
$1,347,493
Organization Details
Founding Year
2011
Principal Officer
Aram Polat
Website
www.dollarbk.orgNTEE Category
Code: L192 - Housing
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