Overview
What is Consumer Education And Training Services?
Consumer Education and Training Services, abbreviated as CENTS, is a nonprofit organization situated in Seattle, Washington. Their primary mission is to empower individuals to enhance their financial well-being by providing educational and legal resources to help them navigate and overcome financial obstacles. Specifically, CENTS focuses on consumer bankruptcy education, with a particular emphasis on debt management and post-secondary education planning. In 2022, they embarked on a Diversity, Equity, and Inclusion outreach tour, targeting schools with higher populations of underrepresented students and those in need of financial assistance. Through presentations and educator trainings, they reached over 1,200 students and 80 teachers, demonstrating a notable impact and positive reception from both audiences.
Official website here: www.centsprogram.com
Is Consumer Education And Training Services legitimate?
Consumer Education And Training Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Education And Training Services 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:
Executive Compensation: $172,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,335
For more financial information, click here
Official website here: www.centsprogram.com
What is the mission statement of Consumer Education And Training Services?
Consumer Education and Training Services, often referred to as CENTS, aims to empower individuals to enhance their financial well-being. The organization accomplishes this by creating and dispensing educational and legal resources, enabling people to prevent or overcome financial hardships. In 2022, the primary focus of CENTS was to embark on a Diversity, Equity, and Inclusion outreach tour, targeting schools with higher populations of Black, Indigenous, and People of Color (BIPOC) students, as well as schools with a high percentage of students eligible for free or reduced lunches. Through this initiative, CENTS conducted 108 presentations across the state, reaching over 1,200 students, and provided 15 trainings for educators, impacting 80 teachers. The program has been well-received, with students demonstrating significant gains in financial knowledge after attending the presentations.
Official website here: www.centsprogram.com
Who is the CEO of Consumer Education And Training Services?
Kern Gillette is the Executive Director of Consumer Education And Training Services.
Official website here: www.centsprogram.com
What is the revenue of Consumer Education And Training Services?
Consumer Education And Training Services's revenue in 2022 was $253,952.
Official website here: www.centsprogram.com
Who are the executives of Consumer Education And Training Services and what are their salaries?
The average compensation at Consumer Education And Training Services during 2022 was $45,954. There are 4 employees at Consumer Education And Training Services.
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Official website here: www.centsprogram.com
Where can I find the form 990 for Consumer Education And Training Services?
Consumer Education And Training Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centsprogram.com
Learn more at the official website: www.centsprogram.com
Mission Statement of Consumer Education And Training Services
Consumer Education and Training Services, often referred to as CENTS, is a nonprofit organization dedicated to empowering individuals to enhance their financial health. Their mission is achieved by creating educational and legal resources that aid people in preventing or overcoming financial difficulties. CENTS' primary objective is to equip individuals with the necessary knowledge to make informed decisions regarding their financial well-being.
In 2022, CENTS focused on promoting diversity, equity, and inclusion by conducting an outreach tour. This tour targeted high schools with significant populations of Black, Indigenous, and People of Color (BIPOC) students, as well as schools with a high percentage of students eligible for free or reduced lunches. The outreach included 108 presentations for students across the state and 15 training sessions for educators, reaching over 1,200 students and 80 teachers. The program was well-received and proved to be effective, with students demonstrating significant improvements in their financial knowledge as evidenced by pre- and post-assessment tests. Over 90% of the students indicated in their evaluations that they would recommend the CENTS program to a friend.
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Impact
October, 2024
Consumer Education and Training Services (CENTS) effectively addresses financial literacy among high school students, empowering them to make informed decisions regarding their postsecondary education. The DEBT SLAPPED program provides essential information tailored to youths, particularly those in communities with significant populations of Black, Indigenous, and People of Color (BIPOC), as well as those eligible for free or reduced lunches.
In 2022, CENTS conducted an impressive outreach effort, reaching over 1,200 students and 80 educators through 108 presentations and 15 training sessions across Washington. The program's impact is reflected in the significant improvements seen in students' financial knowledge, evidenced by comparisons of pre- and post-assessment test scores. This data indicates that participants are not only absorbing the material but are also enthusiastic advocates for the program, with over 90% expressing a willingness to recommend it to peers.
By focusing on diversity, equity, and inclusion, CENTS ensures that vital financial education is accessible to those who need it most, ultimately contributing to better financial health and decision-making for young people across the region. The positive feedback from both educators and students underscores the effectiveness of their approach, fostering a generation more equipped to navigate complex financial landscapes.
This information is meant to be a general summary of Consumer Education And Training Services. 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 2022.
- Investment Income: $31
- Gross Receipts: $266,589
Assets and Liabilities:
- Total Assets: $325,804
- Total Liabilities: $26,728
- Net Assets: $299,076
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Organization Details
Founding Year
2000
Phone
(206) 267-7017Principal Officer
Kern Gillette
Main Address
PMB 215 10002 Aurora Ave N APT 36, Seattle, WA, 98133
Website
www.centsprogram.comNTEE Category
Code: P51 - Human services
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