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The 431 Exchange The 431 Exchange

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

EIN: 832347758 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is The 431 Exchange The 431 Exchange?

The 431 Exchange is a benevolent organization that offers scholarships to eligible adults, aiming to empower them through higher education from accredited educational institutions. In the year 2022, the program granted scholarships to 64 deserving individuals, contributing a total of $55,253 towards their educational pursuits. This nonprofit organization aims to positively transform the lives of these adults by providing them with the financial means to further their education.

Is The 431 Exchange The 431 Exchange legitimate?

The 431 Exchange The 431 Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 431 Exchange The 431 Exchange 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.

What is the mission statement of The 431 Exchange The 431 Exchange?

The 431 Exchange operates a scholarship program aimed at funding the education of adult applicants from recognized educational institutions. This initiative is designed to facilitate personal growth and transformation in the recipients' lives. In 2022, the program granted scholarships to 64 individuals, amounting to a total of $55,253. The mission of The 431 Exchange, in essence, is to offer financial assistance to adults seeking to enhance their educational backgrounds and thereby improve their lives.

Who is the CEO of The 431 Exchange The 431 Exchange?

Unavailable

What is the revenue of The 431 Exchange The 431 Exchange?

The 431 Exchange The 431 Exchange's revenue in 2022 was $117,340.

Who are the executives of The 431 Exchange The 431 Exchange and what are their salaries?


Here are 3 key members and their salaries:


Jeanne T Geoffray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian V Buenger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald R Geoffray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The 431 Exchange The 431 Exchange?

The 431 Exchange The 431 Exchange's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The 431 Exchange The 431 Exchange

The 431 Exchange, as a scholarship program, is dedicated to aiding adult individuals in their pursuit of further education at recognized educational institutions. Its mission is to empower these applicants by providing them with financial assistance, enabling them to transform their lives. In 2022, the program granted scholarships to 64 deserving candidates, disbursing a total of $55,253. The 431 Exchange's mission is centered around the belief that education can be a powerful tool for personal growth and societal advancement, and its scholarship program serves as a means to facilitate this transformation.

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Impact




October, 2024

The 431 Exchange plays a significant role in transforming the lives of adult learners by providing essential financial support for further education. In 2022, the program awarded scholarships to 64 individuals, totaling $55,253, enabling them to pursue their educational goals and enhance their career prospects. This initiative not only empowers recipients with the skills and qualifications needed to advance in their fields, but it also contributes to a more educated workforce in Dallas, TX. By facilitating access to education, The 431 Exchange fosters personal growth and community development, making a lasting impact on both individuals and society as a whole.




This information is meant to be a general summary of The 431 Exchange The 431 Exchange. 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
$117,340 (2022)
Expenses
$100,008 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $701
  • Gross Receipts: $117,340

Assets and Liabilities:

  • Total Assets: $154,405
  • Total Liabilities: $0
  • Net Assets: $154,405

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Organization Details

Main Address

4320 DRUID LN, DALLAS, TX, 75025

NTEE Category

Code: B82 - Education

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