Benefact It

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

EIN: 871393137 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Benefact It?

Benefact It is a Salt Lake City, Utah-based 501(c)(3) nonprofit organization with a focus on educating families and youth regarding economics and cryptocurrency. The nonprofit's mission is to enlighten individuals about these topics, ensuring they possess the necessary knowledge to make informed decisions. By doing so, Benefact It aims to contribute to financial literacy and understanding within the community, ultimately empowering individuals to navigate the complex world of economics and cryptocurrency.

Is Benefact It legitimate?

Benefact It is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benefact It 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 Benefact It?

Benefact It, as a nonprofit organization, is committed to educating families and young individuals about economics and cryptocurrency. Its primary mission is to disseminate knowledge in these areas, aiming to foster financial literacy and understanding of digital currencies. By doing so, Benefact It intends to empower individuals with the necessary skills and knowledge to make informed decisions related to their financial well-being.

Who is the CEO of Benefact It?

Unavailable

What is the revenue of Benefact It?

Benefact It's revenue in 2021 was $416.

Who are the executives of Benefact It and what are their salaries?


There is 1 key member and their salary:


Darb Mcdonough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Benefact It?

Benefact It's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Benefact It

Benefact It, a recognized 501(c)(3) organization, is dedicated to enlightening families and young individuals about the intricacies of economics and cryptocurrency. Their primary mission is to serve as an educational resource, aiming to foster a deeper understanding of these subjects among their target audience. By doing so, Benefact It aims to empower individuals to make informed decisions regarding their financial well-being and future.

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Impact




October, 2024

Benefact It focuses on educating families and youth about economics and cryptocurrency, aiming to empower individuals with essential financial knowledge. By providing resources and programs, it enhances financial literacy, enabling participants to make informed decisions in today's evolving economic landscape. Its impact extends beyond individual understanding; as families and communities become more financially savvy, they can better navigate economic challenges, fostering a generation equipped to engage with modern financial systems and technologies. Through its initiatives, Benefact It plays a vital role in shaping a future where informed financial choices lead to greater economic stability and opportunities.




This information is meant to be a general summary of Benefact It. 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
$416 (2021)
Expenses
$416 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $416

Assets and Liabilities:

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

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Organization Details

Main Address

241 N Vine Street UNIT604W, Salt Lake City, UT, 84103

NTEE Category

Code: Z99 - Unknown

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