Overview
What is Greater Sacramento Financial Literacy Group Inc?
Greater Sacramento Financial Literacy Group Inc, located at 1026 Florin Road 308, Sacramento, CA 95831, is a dedicated nonprofit organization. Their primary objective is to contribute to the Greater Sacramento area by promoting financial literacy. Through various activities and initiatives, they aim to educate and empower individuals in the community, equipping them with the necessary financial skills to manage their resources effectively. The organization's mission remains steadfast in this endeavor, striving to enrich the financial well-being of the community it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The Greater Sacramento Financial Literacy Group Inc has received a solid rating of 87% from Charity Navigator, indicating a strong performance in Accountability and Finance. This rating is based entirely on their Accountability & Finance score, showcasing their commitment to transparency and responsible financial practices.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence, which reflects well on their governance. Additionally, they maintain a clean financial record with no material diversion of assets and a favorable liabilities to assets ratio of 0.00%. Their program expense ratio stands at an impressive 87.17%, signifying that a large portion of their funds is directed towards their programs.
While the organization demonstrates robust financial health and governance practices, the single-focus score may limit a more comprehensive evaluation of its overall effectiveness and impact in the community. Nevertheless, their established policies for conflict of interest and whistleblowing further reinforce their commitment to ethical operations.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Sacramento Financial Literacy Group Inc legitimate?
Greater Sacramento Financial Literacy Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Sacramento Financial Literacy Group Inc 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:
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Other Salaries and Wages: $0
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What is the mission statement of Greater Sacramento Financial Literacy Group Inc?
The Greater Sacramento Financial Literacy Group Inc is dedicated to promoting financial literacy within its scope. Their primary objective is to educate and empower individuals in understanding financial matters. Through various initiatives, they aim to spread financial knowledge and skills, ultimately contributing to financial stability and well-being. The organization's activities are centered around educating the community, fostering financial awareness, and promoting responsible financial behavior. By doing so, the Greater Sacramento Financial Literacy Group Inc aims to foster a financially literate society.
What is the revenue of Greater Sacramento Financial Literacy Group Inc?
Greater Sacramento Financial Literacy Group Inc's revenue in 2023 was $12,343.
Who are the executives of Greater Sacramento Financial Literacy Group Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Greater Sacramento Financial Literacy Group Inc?
Greater Sacramento Financial Literacy Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Greater Sacramento Financial Literacy Group Inc
Greater Sacramento Financial Literacy Group Inc, as its name suggests, is dedicated to enriching the financial knowledge of the community residing in the Greater Sacramento area. The organization's primary objective is to provide comprehensive financial literacy education, aiming to empower individuals with the necessary skills to manage their finances effectively. By offering financial literacy, this nonprofit seeks to foster financial stability and independence within the community it serves.
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Impact
August, 2024
Greater Sacramento Financial Literacy Group Inc is making a significant impact by providing crucial financial literacy education to the residents of the Greater Sacramento area. Through their efforts, individuals are gaining the knowledge and skills necessary to make informed financial decisions, ultimately leading to increased financial stability and improved quality of life for many in the community. Their mission to empower and educate individuals about financial matters is helping to build a more financially savvy and resilient community in Sacramento.
This information is meant to be a general summary of Greater Sacramento Financial Literacy Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1
- Gross Receipts: $12,343
Assets and Liabilities:
- Total Assets: $614,875
- Total Liabilities: $0
- Net Assets: $614,875
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Organization Details
Founding Year
2020
Principal Officer
Elaine Riley
NTEE Category
Code: P51 - Human services
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