Overview
What is Financial Empowerment Network?
The Financial Empowerment Network is a nonprofit organization dedicated to empowering financially underserved communities in Washington. They accomplish this by forging strategic partnerships and offering affordable financial education and resources. Their mission is to make a positive impact on these communities, ensuring they have the knowledge and tools necessary to manage their finances effectively.
Official website here: www.fenwa.org
Is Financial Empowerment Network legitimate?
Financial Empowerment Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Empowerment Network 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $93,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,559
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Official website here: www.fenwa.org
What is the mission statement of Financial Empowerment Network?
The Financial Empowerment Network, in its mission, concentrates on delivering affordable financial education and resources. This is accomplished through strategic partnerships, with a particular focus on supporting underserved communities within Washington. The organization's goal is to empower individuals by providing them with the necessary financial knowledge and tools. By doing so, it aims to foster financial stability and independence within these communities. The Financial Empowerment Network's activities are geared towards bridging the financial literacy gap and promoting financial well-being.
Official website here: www.fenwa.org
What is the revenue of Financial Empowerment Network?
Financial Empowerment Network's revenue in 2023 was $308,311.
Official website here: www.fenwa.org
Who are the executives of Financial Empowerment Network and what are their salaries?
The average compensation at Financial Empowerment Network during 2023 was $59,680. There are 2 employees at Financial Empowerment Network.
Here are 10 key members and their salaries:
- Compensation: $93,800
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Official website here: www.fenwa.org
Where can I find the form 990 for Financial Empowerment Network?
Financial Empowerment Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fenwa.org
Learn more at the official website: www.fenwa.org
Mission Statement of Financial Empowerment Network
The Financial Empowerment Network, in its mission, aims to deliver affordable financial education and resources to underprivileged communities in Washington D.C., primarily through collaborative partnerships. This nonprofit organization is dedicated to making a significant impact in these underserved communities by providing them with the necessary financial tools and knowledge.
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Impact
October, 2024
The Financial Empowerment Network significantly impacts underserved communities in Washington by offering affordable financial education and resources. Through strategic partnerships, it addresses the financial literacy gap and empowers individuals with the knowledge and skills necessary to make informed financial decisions. This initiative helps participants build financial stability, improve their economic well-being, and access opportunities that might otherwise be beyond their reach. By focusing on marginalized populations, the network fosters greater financial inclusion and resilience, ultimately contributing to stronger, more informed communities in Bellevue and beyond.
This information is meant to be a general summary of Financial Empowerment Network. 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.
- Investment Income: $1,468
- Gross Receipts: $308,311
Assets and Liabilities:
- Total Assets: $106,165
- Total Liabilities: $22
- Net Assets: $106,143
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Organization Details
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