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National Budget Planers Of South Florida Inc

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

EIN: 650848095 ✦ Livermore, CA ✦ Designated as a 501(c)(3)

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Overview

What is National Budget Planers Of South Florida Inc?

National Budget Planers of South Florida Inc. is a nonprofit organization situated in Livermore, California. Their primary mission is to offer free financial education, counseling, and budgeting services, as well as low-cost debt management programs to individuals nationwide. The organization specializes in credit-related financial education and counseling, equipping clients with the necessary knowledge and resources. They also provide secure and effective debt management plans, along with debt management payment processing. One-on-one counseling sessions are available for clients, offering personalized analysis of their financial situation, a recommended budget, and concrete recommendations to reduce expenses and increase savings. Furthermore, clients have access to ongoing daytime support via telephone or walk-in appointments, as well as 24/7 online educational materials and resource links.


Official website here: www.nationalbudget.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star rating)

National Budget Planners Of South Florida Inc has achieved an 89% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored well across various areas, including having a fully independent board, comprehensive financial oversight, and no material diversion of assets. Their program expense ratio is notably high at 86.01%, indicating that a large portion of their funding is directed toward programmatic activities rather than administrative costs.

However, user feedback reveals some concerns regarding the organization's service delivery. A review from a client mentions dissatisfaction with the responsiveness and efficiency of their loan consolidation services, expressing frustration over the costs involved and the lengthy process. Although the organization demonstrates strong financial health, these user experiences suggest there may be room for improvement in customer service and operational effectiveness.

Overall, while the nonprofit showcases solid financial practices and governance, the mixed client feedback highlights the importance of not only maintaining strong financial scores but also ensuring quality service delivery to those they aim to assist.


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

Is National Budget Planers Of South Florida Inc legitimate?

National Budget Planers Of South Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Budget Planers Of South Florida 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: $459,293

For more financial information, click here


Official website here: www.nationalbudget.org

What is the mission statement of National Budget Planers Of South Florida Inc?

National Budget Planers of South Florida Inc is a nonprofit organization dedicated to providing free credit-related financial education and counseling to its clients nationwide. They offer a range of debt management services, including educational programs, secure debt management plans, and payment processing. The organization provides one-on-one counseling to analyze clients' financial situations, develop recommended budgets, and suggest ways to reduce expenses and increase savings. National Budget Planers also offers daytime access to credit counselors via telephone or walk-in appointments, as well as 24/7 access to online educational materials and resources.


Official website here: www.nationalbudget.org

Who is the CEO of National Budget Planers Of South Florida Inc?

Sanjeev Kanwar is the President of National Budget Planers Of South Florida Inc.


Official website here: www.nationalbudget.org

What is the revenue of National Budget Planers Of South Florida Inc?

National Budget Planers Of South Florida Inc's revenue in 2022 was $976,274.


Official website here: www.nationalbudget.org

Who are the executives of National Budget Planers Of South Florida Inc and what are their salaries?

The average compensation at National Budget Planers Of South Florida Inc during 2022 was $65,613. There are 7 employees at National Budget Planers Of South Florida Inc.


Here are 2 key members and their salaries:


Sanjeev Kanwar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Layne Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nationalbudget.org

Where can I find the form 990 for National Budget Planers Of South Florida Inc?

National Budget Planers Of South Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nationalbudget.org

Learn more at the official website: www.nationalbudget.org

Mission Statement of National Budget Planers Of South Florida Inc

National Budget Planers of South Florida, Inc., is a nonprofit organization committed to providing free credit-related financial education and counseling to its clients nationwide. Their mission extends beyond education, offering affordable and secure debt management services, including educational programs, tailored debt management plans, and payment processing. The organization provides one-on-one counseling to its clients, analyzing their financial situations, developing recommended budgets, and offering concrete suggestions to reduce expenses and increase savings.

In addition to personalized counseling, National Budget Planers of South Florida, Inc., offers ongoing daytime access to credit counselors via telephone or walk-in appointments. Furthermore, the organization provides 24/7, 7-day-a-week access to its online educational materials and resource links. This comprehensive approach aims to empower individuals to take control of their financial well-being, offering the necessary tools to manage debt effectively and make informed financial decisions.

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Impact




July, 2024

National Budget Planers Of South Florida Inc's impact lies in providing invaluable financial education, counseling, and budgeting services to its clients. By offering free credit-related financial education and counseling as well as low-cost debt management programs, the organization plays a crucial role in empowering individuals to take control of their financial well-being. Through personalized counseling sessions, the organization helps clients analyze their financial status, develop budgets, and identify ways to reduce expenses and increase savings. Additionally, the provision of ongoing access to counselors through various channels ensures that clients receive continuous support in managing their finances effectively. Overall, National Budget Planners Of South Florida Inc's commitment to enhancing financial literacy and offering essential services contributes to building stronger, more financially secure communities.




This information is meant to be a general summary of National Budget Planers Of South Florida 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
$976,274 (2022)
Expenses
$1,181,807 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37
  • Program Service Revenue: $917,763
  • Gross Receipts: $976,274

Assets and Liabilities:

  • Total Assets: $1,349,308
  • Total Liabilities: $517,794
  • Net Assets: $831,514

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Programs

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

SERVICE REVENUE

Revenue

$917,763

Organization Details

Founding Year

1998

Principal Officer

Sanjeev Kanwar

Main Address

350 SONIC AVENUE 2ND FL, LIVERMORE, CA, 94551

NTEE Category

Code: P51 - Human services

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