Myra Cares Inc

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

EIN: 854094171 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Myra Cares Inc?

Myra Cares Inc is a nonprofit organization dedicated to promoting diversity, equity, and inclusion in the financial sector, particularly for immigrants. Their mission is to enhance financial literacy and education, foster financial wellness, and combat financial disparities among underserved and unserviced immigrant communities. They achieve this by offering free or subsidized services such as financial planning, investment management, and tax preparation. Their goal is to reduce financial inequities and empower immigrants to make informed financial decisions, ultimately improving their overall financial health.

Is Myra Cares Inc legitimate?

Myra Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myra Cares Inc 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

For more financial information, click here

What is the mission statement of Myra Cares Inc?

Myra Cares Inc is committed to fostering diversity, equity, and inclusion in the financial industry, particularly for immigrants. Their mission is to enhance financial literacy and education among underserved and unserved immigrant communities. By offering free or subsidized services such as financial planning, investment management, and tax preparation, they aim to improve financial wellness and reduce financial inequalities. Their activities are centered around promoting financial education, which is a crucial aspect of empowering immigrants to make informed financial decisions.

What is the revenue of Myra Cares Inc?

Myra Cares Inc's revenue in 2024 was $390.

Who are the executives of Myra Cares Inc and what are their salaries?

Here are 2 key members and their salaries:


Sahil Vakil (Founder/Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariel Yusim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Myra Cares Inc?

Myra Cares Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Myra Cares Inc

Myra Cares Inc, a nonprofit organization, is dedicated to fostering diversity, equity, and inclusion in the financial industry among immigrants. Their primary mission is to enhance financial literacy and education among underserved and unserved immigrant communities. By providing free or subsidized financial planning, investment management, and tax preparation services, Myra Cares aims to improve the financial well-being of these groups and reduce financial inequalities. The organization's goal is to empower immigrants, enabling them to make informed financial decisions and secure a financially stable future.

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Impact




October, 2024

Myra Cares Inc plays a critical role in enhancing the financial landscape for immigrants, focusing on increasing diversity, equity, and inclusion within the financial industry. By offering free or subsidized services such as financial planning, investment management, and tax preparation, the organization directly addresses the financial needs of underserved and unserved immigrant populations.

Their efforts aim to boost financial literacy and education, which are essential for empowering individuals to navigate and thrive in the financial system. This increased knowledge contributes to improved financial wellness, helping families make informed decisions, achieve financial stability, and reduce disparities in wealth and access to financial resources. Overall, Myra Cares Inc is instrumental in bridging the gap for immigrants, ensuring they have the tools and knowledge necessary to achieve their financial goals and build a more equitable future.




This information is meant to be a general summary of Myra Cares 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.

Revenue
$390 (2024)
Expenses
$390 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $390

Assets and Liabilities:

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

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Organization Details

Principal Officer

Ariel Yusim

NTEE Category

Code: P51 - Human services

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