Overview
What is The Finance Lab?
The Finance Lab is a nonprofit organization committed to uplifting students hailing from economically disadvantaged backgrounds. Their mission revolves around offering a tailored, experiential financial literacy program and guiding students throughout the process. Despite the absence of participation in the 2022 Financial Literacy Program, The Finance Lab continues to provide diverse initiatives aimed at educating and empowering students in financial management skills.
Is The Finance Lab legitimate?
The Finance Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Finance Lab 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Finance Lab?
The Finance Lab's mission is centered around empowering students from economically disadvantaged backgrounds. It accomplishes this by offering a tailored, practical financial literacy experience and providing continuous coaching. The organization provides several initiatives, including the 2022 Financial Literacy Program, although no students participated in this specific event. The Finance Lab aims to equip these students with the necessary financial skills to navigate their lives effectively.
What is the revenue of The Finance Lab?
The Finance Lab's revenue in 2024 was $0.
Who are the executives of The Finance Lab and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for The Finance Lab?
The Finance Lab's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of The Finance Lab
The Finance Lab, as a nonprofit organization, aims to empower students hailing from economically disadvantaged backgrounds. It accomplishes this by offering a tailored, practical financial literacy experience. The program guides these students through the financial learning process, providing continuous coaching to ensure their success. Despite having an initiative titled the 2022 Financial Literacy Program, no participants were enrolled in it.
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Impact
October, 2024
The Finance Lab significantly impacts students from economically disadvantaged communities by equipping them with essential financial literacy skills. Through personalized, hands-on experiences, the program provides coaching that empowers students to navigate financial challenges effectively. By fostering financial understanding and confidence, The Finance Lab plays a crucial role in helping students build a foundation for future economic stability and success. Its various initiatives aim to create lasting change in the participants' lives, despite challenges faced in program participation.
This information is meant to be a general summary of The Finance Lab. 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 2024.
- Gross Receipts: $1,005
Assets and Liabilities:
- Total Assets: $11,074
- Total Liabilities: $0
- Net Assets: $11,074
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Organization Details
Principal Officer
Alissa Fong
NTEE Category
Code: B90 - Education
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