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8 Cents In A Jar Inc

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

EIN: 813359383 ✦ Apopka, FL ✦ Designated as a 501(c)(3)

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Overview

What is 8 Cents In A Jar Inc?

8 Cents in a Jar Inc. is a distinguished 501c3 nonprofit, established in 2016, situated in Central Florida. With a mission to combat generational poverty, they offer engaging financial resources and funds to students from underprivileged communities of color. Their primary goal is to foster education as a means to achieve this objective, ultimately promoting intergenerational mobility. The nonprofit serves its local community, providing valuable opportunities to break the cycle of poverty.


Official website here: www.8cents.org

Is 8 Cents In A Jar Inc legitimate?

8 Cents In A Jar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 8 Cents In A Jar Inc submitted a form 990EZ, 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.


Official website here: www.8cents.org

What is the mission statement of 8 Cents In A Jar Inc?

8 Cents In A Jar Inc is a recognized nonprofit organization, with a mission to combat generational poverty among marginalized communities of color. They achieve this goal by providing engaging financial resources and capital to students. Their objective is to diminish the impact of poverty through education, thereby offering opportunities for intergenerational mobility. Established in 2016, this organization serves the Central Florida community, focusing on creating a more equitable future through financial education.


Official website here: www.8cents.org

Who is the CEO of 8 Cents In A Jar Inc?

Lashea Reaves is the President of 8 Cents In A Jar Inc.


Official website here: www.8cents.org

What is the revenue of 8 Cents In A Jar Inc?

8 Cents In A Jar Inc's revenue in 2022 was $187,221.


Official website here: www.8cents.org

Who are the executives of 8 Cents In A Jar Inc and what are their salaries?


Here are 7 key members and their salaries:


Lashea Reaves (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamara Wilson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charline Charles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jazzy Washington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trimeshia Smiley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Blaise (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Njeri Gichia-Broussard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.8cents.org

Where can I find the form 990EZ for 8 Cents In A Jar Inc?

8 Cents In A Jar Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.8cents.org

Learn more at the official website: www.8cents.org

Mission Statement of 8 Cents In A Jar Inc

8 Cents In A Jar Inc is a distinguished 501c3 nonprofit organization, dedicated to its mission of providing enriching financial resources and funding to students hailing from marginalized communities of color. The primary objective of this organization is to combat generational poverty, a challenge that has persisted for many years, through education. Established in 2016, 8 Cents In A Jar Inc serves the Central Florida community, with a focus on creating opportunities for intergenerational mobility. The organization's strategic approach to addressing poverty involves providing financial education, an essential tool that empowers individuals to make informed decisions about their financial well-being and future prospects. By engaging with students in these communities, 8 Cents In A Jar Inc aims to contribute to a more equitable and prosperous society.

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Impact




October, 2024

8 Cents In A Jar Inc has a profound impact on the lives of students in marginalized communities of color, particularly in Central Florida, where it was founded in 2016. The organization focuses on providing engaging financial resources and capital that empower young individuals to make informed financial decisions. By prioritizing financial education, 8 Cents In A Jar Inc addresses the systemic barriers to economic stability and opportunity that often contribute to generational poverty.

Through its initiatives, the organization not only equips students with essential financial skills but also fosters a sense of intergenerational mobility. This comprehensive approach helps break the cycle of poverty by enabling students to envision and pursue brighter futures. As a result, 8 Cents In A Jar Inc serves as a catalyst for change within communities, creating pathways to education and financial independence that can uplift families for generations.




This information is meant to be a general summary of 8 Cents In A Jar 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
$187,221 (2022)
Expenses
$140,848 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Gross Receipts: $187,221

Assets and Liabilities:

  • Total Assets: $240,932
  • Total Liabilities: $18,234
  • Net Assets: $222,698

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Organization Details

Principal Officer

Lashea Reaves

Main Address

PO Box 8, Apopka, FL, 32704

NTEE Category

Code: P20 - Human services

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