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Cents Ability Inc

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

EIN: 743113057 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cents Ability Inc?

Cents Ability Inc, located in New York City, New York, is a nonprofit organization that focuses on the education and empowerment of high school students. Their mission is to equip these students with the necessary skills to effectively manage their financial affairs, enabling them to achieve their goals. The Organization provides comprehensive guidance on prudent and informed financial resource management. This includes various educational programs and initiatives, aiming to foster financial literacy and independence among the younger generation.

Is Cents Ability Inc legitimate?

Cents Ability Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cents Ability 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: $711
Other Salaries and Wages: $220,003

For more financial information, click here

What is the mission statement of Cents Ability Inc?

Cents Ability Inc's mission is centered around educating and empowering high school students. Their primary objective is to instill in these students the importance of managing their financial resources wisely and responsibly. By doing so, they aim to help these students reach their goals more effectively. The organization's activities are focused on providing students with the necessary knowledge and skills to make informed financial decisions. This is achieved through various educational programs and resources, enabling high school students to take control of their financial futures.

Who is the CEO of Cents Ability Inc?

Alexa Dupont Bell is the Chairman of Cents Ability Inc.

What is the revenue of Cents Ability Inc?

Cents Ability Inc's revenue in 2020 was $391,670.

Who are the executives of Cents Ability Inc and what are their salaries?


Here are 3 key members and their salaries:


Alexa Dupont Bell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kaplan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conner Mcgee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cents Ability Inc?

Cents Ability Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Cents Ability Inc

Cents Ability Inc, a nonprofit organization, is committed to educating and empowering high school students. Their mission is to equip these students with the necessary skills to manage their financial resources effectively and prudently. By doing so, they aim to help these students achieve their goals. The organization's focus is on providing knowledge and tools that enable high school students to make informed financial decisions, thereby enhancing their financial literacy.

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Impact




October, 2024

Cents Ability Inc significantly impacts high school students by providing them with essential financial education and empowerment. This organization equips young individuals with the knowledge and skills necessary to manage their financial resources effectively. By focusing on prudent financial practices, students gain confidence in making informed decisions that will serve them well in their academic and personal lives. The initiatives offered help students set and achieve their goals, ultimately contributing to their long-term financial stability and success. Through its targeted educational programs in New York, Cents Ability Inc plays a crucial role in shaping a generation of financially literate and responsible individuals.




This information is meant to be a general summary of Cents Ability 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
$391,670 (2020)
Expenses
$377,976 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $391,670

Assets and Liabilities:

  • Total Assets: $86,737
  • Total Liabilities: $5,490
  • Net Assets: $81,247

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Organization Details

Founding Year

2004

Principal Officer

Alexa Dupont Bell

Main Address

245 Park Avenue 5th Floor, New York, NY, 10167

NTEE Category

Code: B92 - Education

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