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Family Budget Services Inc

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

EIN: 364254969 ✦ Sunrise, FL ✦ Designated as a 501(c)(3)

Overview

What is Family Budget Services Inc?

Family Budget Services Inc, located in Sunrise, Florida, is a 501(c)3 nonprofit organization dedicated to helping individuals manage their finances effectively. With a team of certified credit counselors, they offer guidance and education to clients struggling with excessive debt. Their mission is to provide tools for sustainable budgeting, proper credit usage, and timely bill payments. By doing so, they aim to empower clients to improve their financial health and practices. Family Budget Services Inc operates with a staff of 10 individuals, demonstrating their commitment to assisting those in need of financial guidance.


Official website here: www.familybudgetservices.org

Is Family Budget Services Inc legitimate?

Family Budget Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Budget Services 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.

Here are some key statistics you may want to consider:

Executive Compensation: $185,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,029

For more financial information, click here


Official website here: www.familybudgetservices.org

What is the mission statement of Family Budget Services Inc?

Family Budget Services Inc., as a 501c3 non-profit organization, is dedicated to providing credit counseling services to individuals who have accumulated excessive debt. Their mission, in simple terms, is to assist these individuals in achieving financial stability. The certified counselors at Family Budget Services offer education and guidance to help clients create more sustainable budgets, manage credit effectively, and pay their bills on time. The ultimate goal is to equip clients with the necessary tools to improve their financial management skills and promote financial well-being.


Official website here: www.familybudgetservices.org

Who is the CEO of Family Budget Services Inc?

Richard Meyers is the Ceo of Family Budget Services Inc. The CEO's salary of Family Budget Services Inc is $0 and their total compensation is $185,000.


Official website here: www.familybudgetservices.org

What is the revenue of Family Budget Services Inc?

Family Budget Services Inc's revenue in 2021 was $909,667.


Official website here: www.familybudgetservices.org

Who are the executives of Family Budget Services Inc and what are their salaries?

The average compensation at Family Budget Services Inc during 2021 was $39,303. There are 10 employees at Family Budget Services Inc.

Here are 8 key members and their salaries (Family Budget Services Inc's CEO's salary is $0 and their total compensation is $185,000):

    Alan Silverberg (Ceo)
  • Compensation: $0
  • Related: $185,000
  • Other: $0

    • Paul Henderson (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quin Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Cassano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorenzo Valejo Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Meyers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Meyers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Stockdale (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.familybudgetservices.org

    Where can I find the form 990 for Family Budget Services Inc?

    The Family Budget Services Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.familybudgetservices.org

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

    Mission Statement of Family Budget Services Inc

    Family Budget Services Inc, as a 501 c 3 non-profit organization, is dedicated to providing credit counseling services for individuals who have fallen into the trap of excessive debt. Their mission is to offer education and guidance to these consumers, helping them to create more sustainable budgets, utilize credit responsibly, and ensure timely payment of monthly bills. The ultimate goal of Family Budget Services Inc is to equip their clients with the necessary tools for better financial management and the promotion of financial well-being. The certified counselors at Family Budget Services Inc work closely with their clients, providing personalized assistance to guide them towards a healthier financial future.

    Impact

    This information is meant to be a general summary of Family Budget Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Family Budget Services Inc's impact lies in helping consumers who are overwhelmed by debt to regain control of their financial situations. By offering counseling services and education on budgeting and proper credit use, the certified credit counselors at FBSI empower their clients to manage their finances effectively and pay off their debts in a sustainable way. This organization's work contributes to promoting sound financial health among individuals struggling with excessive debt, ultimately helping them achieve greater stability and peace of mind.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $839,695
  • Gross Receipts: $909,667

    • Assets and Liabilities:
  • Total Assets: $134,680
  • Total Liabilities: $186,192
  • Net Assets: -$51,512
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM REVENUE

    Revenue

    $839,695

    Organization Details

    Founding Year

    2011

    Principal Officer

    Richard Meyers

    Main Address

    4820 N HIATUS RD, SUNRISE, FL, 33351

    NTEE Category

    Code: T70 - Philanthropy

    If you are a representative of Family Budget Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.