Fitmoney Inc

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

EIN: 811238297 ✦ Newton, MA ✦ Designated as a 501(c)(3)

Overview

What is Fitmoney Inc?

Fitmoney Inc is a nonprofit organization situated in Newton, Massachusetts, with a mission to foster financially competent communities. They primarily focus on providing financial literacy education to students from elementary to high school, helping them develop sound money habits and establish a healthy relationship with finance. Their resources, such as teacher-led curriculums utilized in over 100 schools and the Financially Fit certificate, aid students in understanding the importance of saving, smart spending, and responsible borrowing. The organization's game-based learning tool, Fitmoney $UPersquad, engages children aged 5-13, promoting healthy money habits while their behaviors are being formed. Fitmoney's programs have received high praise, earning a 4-star rating from Commonsense Education, making them a trusted resource for parents and educators nationwide.


Official website here: www.fitmoney.org

Is Fitmoney Inc legitimate?

Fitmoney Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fitmoney 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: $162,688
Professional Fundraising Fees: $120,499
Other Salaries and Wages: $63,500

For more financial information, click here


Official website here: www.fitmoney.org

What is the mission statement of Fitmoney Inc?

Fitmoney Inc's mission is centered around fostering financially literate communities. They aim to achieve this by providing financial education to students from lower school to high school. By empowering students, parents, and educators, Fitmoney Inc encourages the development of competence and confidence in managing money matters. Their goal is to instill sound financial habits and establish a healthy, lifelong relationship with money.


Official website here: www.fitmoney.org

Who is the CEO of Fitmoney Inc?

Cynthia Fisher is the President of Fitmoney Inc.


Official website here: www.fitmoney.org

What is the revenue of Fitmoney Inc?

Fitmoney Inc's revenue in 2023 was $1,126,644.


Official website here: www.fitmoney.org

Who are the executives of Fitmoney Inc and what are their salaries?

The average compensation at Fitmoney Inc during 2023 was $113,094. There are 2 employees at Fitmoney Inc.

Here are 10 key members and their salaries:

    Jessica Pelletier (Exec. Director)
  • Compensation: $162,688
  • Related: $0
  • Other: $0

    • Cynthia Fisher (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Copeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Choi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kane (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Bent (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anudha Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Philbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Schumacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fitmoney.org

    Where can I find the form 990 for Fitmoney Inc?

    The Fitmoney Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.fitmoney.org

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

    Mission Statement of Fitmoney Inc

    Fitmoney Inc, a nonprofit organization, is dedicated to establishing financially fit communities. Their mission revolves around providing financial literacy education to students from lower school to high school. By empowering students, parents, and educators, Fitmoney Inc encourages the development of competence and confidence in managing money matters. This, in turn, leads to the creation of a healthy, lifelong relationship with finances. The organization's goal is to foster sound financial habits, ensuring a financially responsible future generation.

    Impact

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




    Saturday, July 20, 2024

    Fitmoney Inc's impact is significant in building financially fit communities by providing essential financial literacy education to students from lower school through high school. Their programs reach over 10,000 K-12 students, offering resources both inside and outside the classroom to teach important financial concepts such as savings, smart spending, and responsible borrowing.

    One of their key initiatives, the Financially Fit Certificate, has certified over 2,500 students across the country, empowering them to develop sound financial habits and a healthy relationship with money. Additionally, Fitmoney's innovative $uper$quad game-based learning tool engages over 1,000 youths aged 5-13, promoting healthy money habits from an early age.

    Furthermore, Fitmoney's programs have garnered recognition, with all of them receiving a 4-star rating from Common Sense Education. This endorsement establishes Fitmoney as a trusted resource for parents and teachers seeking to equip students with vital financial skills. By providing accredited resources and fostering financial competence and confidence in students, Fitmoney is contributing to the creation of a financially literate and empowered generation.





    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 2023.

  • Investment Income: $5,711
  • Program Service Revenue: $0
  • Gross Receipts: $1,380,223

    • Assets and Liabilities:
  • Total Assets: $117,878
  • Total Liabilities: $23,212
  • Net Assets: $94,666
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Cynthia Fisher

    Main Address

    1188 CENTRE STREET 3, NEWTON, MA, 02459

    NTEE Category

    Code: V00 - Social research

    If you are a representative of Fitmoney 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.