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Financial Health Institute Npo

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

EIN: 823447900 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Financial Health Institute Npo?

The Financial Health Institute Npo is a nonprofit organization situated in Denver, Colorado. Their primary focus is to establish a conducive learning environment, encompassing live, virtual, integrated, and online sessions. This educational platform aims to promote financial health, employment sustainability, and life skills education for individuals with intellectual and developmental disabilities (I/DD) and other disabilities. The institute's programs are designed to support and enhance learning within the entire community, extending to the individuals themselves, their families, friends, and the professionals, programs, and organizations that support them. The Financial Health Institute explores, creates, and delivers education with the purpose of empowering individuals, fostering their potential, and upholding their dignity.


Official website here: www.financialhealthinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

The Financial Health Institute Npo has received a One-Star rating from Charity Navigator, indicating significant challenges in its accountability and financial practices. With an overall score of 54%, the organization struggles particularly in governance areas, as evidenced by a lack of independent board members and insufficient financial statement transparency, which raises concerns about oversight and operational integrity.

Despite these governance issues, the organization shows a strong commitment to its mission, demonstrated by a high program expense ratio of 94.37%. This indicates that the majority of its expenses are directed towards its programs, which can be seen as a positive aspect of its operations. However, the lack of essential policies, such as those for conflicts of interest and whistleblower protection, could undermine its effectiveness and reputation.

Overall, while the Financial Health Institute Npo is actively channeling funds towards its programs, the serious governance shortcomings highlighted in its rating suggest a need for significant improvement in accountability practices to foster trust and enhance its operational sustainability.


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

Is Financial Health Institute Npo legitimate?

Financial Health Institute Npo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Health Institute Npo 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: $34,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $211,313

For more financial information, click here


Official website here: www.financialhealthinstitute.org

What is the mission statement of Financial Health Institute Npo?

The Financial Health Institute NPO explores, creates, and delivers educational programs to help individuals enhance their potential, skills, and dignity. Through a social learning environment, they provide live, virtual, integrated, and online learning experiences that promote financial health, employment sustainability, and life skills education, specifically focusing on individuals with intellectual and developmental disabilities (I/DD) and other disabilities. Their aim is to support and improve learning for the entire community, offering trainings not only to individuals with disabilities but also their families, friends, and the professionals, programs, and organizations that support them.


Official website here: www.financialhealthinstitute.org

Who is the CEO of Financial Health Institute Npo?

Shawn Young is the Founding Dir of Financial Health Institute Npo.


Official website here: www.financialhealthinstitute.org

What is the revenue of Financial Health Institute Npo?

Financial Health Institute Npo's revenue in 2022 was $617,864.


Official website here: www.financialhealthinstitute.org

Who are the executives of Financial Health Institute Npo and what are their salaries?


Here are 2 key members and their salaries:


Shawn Young (Founding Dir)
  • Compensation: $34,500
  • Related: $0
  • Other: $0
Joanne Mclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.financialhealthinstitute.org

Where can I find the form 990 for Financial Health Institute Npo?

Financial Health Institute Npo's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.financialhealthinstitute.org

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

Mission Statement of Financial Health Institute Npo

The Financial Health Institute NPO is committed to exploring, creating, and delivering education aimed at helping individuals develop their potential, ability, and dignity. Through a social learning environment, provided via live, virtual live, integrated, and online learning, this organization focuses on promoting financial health, employment sustainability, and life skills education for people with intellectual and developmental disabilities (I/DD) and other disabilities. This educational approach is designed to support and improve learning for the entire community, extending its trainings to not only individuals with disabilities but also their families, friends, and the professionals, programs, and organizations that support them.

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Impact




July, 2024

The Financial Health Institute drives positive change by providing education and support that empowers individuals with intellectual and developmental disabilities (I/DD) and other disabilities to enhance their financial health, employment sustainability, and life skills. Through a variety of learning platforms, including live, virtual live, integrated, and online programs, the institute not only enriches the lives of individuals with disabilities but also benefits their families, friends, and the professionals and organizations that support them. Based in Denver, CO, the Financial Health Institute's mission is to help people develop their potential, ability, and dignity through inclusive and accessible education.




This information is meant to be a general summary of Financial Health Institute Npo. 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
$617,864 (2022)
Expenses
$523,338 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $617,861
  • Gross Receipts: $617,864

Assets and Liabilities:

  • Total Assets: $204,678
  • Total Liabilities: $14,460
  • Net Assets: $190,218

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Programs

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

PROGRAM SERVICE FEES

Revenue

$617,861

Organization Details

Founding Year

2017

Principal Officer

Shawn Young

Main Address

PO BOX 40784, DENVER, CO, 80204

NTEE Category

Code: B60 - Education

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