Young Financial Literacy

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

EIN: 850940578 ✦ Eden, NC ✦ Designated as a 501(c)(3)

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Overview

What is Young Financial Literacy?

Young Financial Literacy is a nonprofit organization that prioritizes educating youth about financial literacy. They extend their mission to offer tax preparation and assistance to individuals with low income, interacting with the Internal Revenue Service (IRS) on their behalf. By providing these services, Young Financial Literacy aims to empower underserved communities, fostering financial independence and stability among its beneficiaries.


Official website here: www.youngfinancialliteracy.org

Is Young Financial Literacy legitimate?

Young Financial Literacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Financial Literacy 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.


Official website here: www.youngfinancialliteracy.org

What is the mission statement of Young Financial Literacy?

Young Financial Literacy is dedicated to fulfilling a mission that focuses on imparting financial literacy skills to the youth. In addition to this, the organization offers assistance with tax preparations and dealing with the Internal Revenue Service (IRS) for individuals with low income. The primary goal is to equip the younger generation with financial knowledge and provide support to those in financial need when it comes to tax-related matters.


Official website here: www.youngfinancialliteracy.org

Who is the CEO of Young Financial Literacy?

Latasha Young is the President of Young Financial Literacy.


Official website here: www.youngfinancialliteracy.org

What is the revenue of Young Financial Literacy?

Young Financial Literacy's revenue in 2022 was $0.


Official website here: www.youngfinancialliteracy.org

Who are the executives of Young Financial Literacy and what are their salaries?


Here are 3 key members and their salaries:


Latasha Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrice Young (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ebony Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.youngfinancialliteracy.org

Where can I find the form 990EZ for Young Financial Literacy?

Young Financial Literacy's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.youngfinancialliteracy.org

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

Mission Statement of Young Financial Literacy

Young Financial Literacy, as its name suggests, is committed to promoting financial literacy among the youth. Beyond this, the organization offers tax preparation and assistance with IRS-related matters to individuals of low income. In essence, Young Financial Literacy seeks to equip young people with the necessary financial skills and provides support to those in financial need. By offering tax assistance, it aims to alleviate some of the financial burdens facing low-income individuals.

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Impact




October, 2024

Young Financial Literacy significantly impacts the community by equipping young individuals with essential financial knowledge and skills. By focusing on financial literacy, the organization empowers youth to make informed decisions regarding their finances, promoting healthier financial habits that can last a lifetime.

The provision of tax preparation and IRS assistance for low-income individuals further extends this impact by alleviating financial stress and ensuring that vulnerable populations receive the support they need to manage their tax responsibilities effectively. This dual approach not only helps the youth understand financial systems, but also addresses immediate financial concerns for families in the Eden, NC area.

Through education and support, Young Financial Literacy fosters confidence and independence in managing personal finances, ultimately contributing to a more financially literate and resilient community.




This information is meant to be a general summary of Young Financial Literacy. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Principal Officer

    Latasha Young

    Main Address

    826 Clarkway Ave, Eden, NC, 27288

    NTEE Category

    Code: P51 - Human services

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