Overview
What is Financial Beginnings Oregon?
Financial Beginnings Oregon (FBOR) is a nonprofit organization located in Portland, Oregon, dedicated to enhancing the financial literacy and capability of its residents. By providing free financial education programs, FBOR aims to promote self-sufficiency, support underserved populations, and increase opportunities like homeownership and retirement. Their initiatives reach out to various demographics, particularly economically vulnerable individuals, and are delivered in partnership with schools and community-based organizations. FBOR's programs have a proven impact, with over 90% of participants reporting changes in their financial behaviors after participation. The organization also conducts an annual conference and a fellowship program, engaging young adults in their mission and fostering a more equitable and effective delivery of financial education.
Official website here: www.finbegor.org
Is Financial Beginnings Oregon legitimate?
Financial Beginnings Oregon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Beginnings Oregon 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: $106,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,561
For more financial information, click here
Official website here: www.finbegor.org
What is the mission statement of Financial Beginnings Oregon?
Financial Beginnings Oregon's mission is centered around empowering both youth and adults to gain control over their financial futures. The organization aims to promote financial self-sufficiency by teaching individuals effective strategies to improve their financial health. It also focuses on supporting underserved populations, such as low-income individuals, individuals with legal histories, and communities of color, in accessing and participating in financial services. Financial Beginnings Oregon provides age-appropriate financial education that meets or exceeds state-specific standards, enhances financial resiliency among vulnerable populations, and offers all of these services at no cost. The organization reaches out to over 25,000 individuals annually with free financial education programs, which are delivered by trained community-based volunteers. Following participation in their programs, a significant number of participants report changing their financial behaviors for the better.
Official website here: www.finbegor.org
Who is the CEO of Financial Beginnings Oregon?
Kate Benedict is the Executive Dir. of Financial Beginnings Oregon.
Official website here: www.finbegor.org
What is the revenue of Financial Beginnings Oregon?
Who are the executives of Financial Beginnings Oregon and what are their salaries?
The average compensation at Financial Beginnings Oregon during 2022 was $29,509. There are 15 employees and 84 volunteers at Financial Beginnings Oregon.
Here are 9 key members and their salaries:
- Kate Benedict (Executive Dir.)
- Sean Edwards (Treasurer) [Trustee/Director]
- Amy Theuma (Board Chair) [Trustee/Director]
- Michael Navarro (Board Member) [Trustee/Director]
- Ken Calhoun (Board Member) [Trustee/Director]
- Carlie Blackburn (Board Member) [Trustee/Director]
- Denys Isordia (Board Member) [Trustee/Director]
- Joe Herrle (Board Member) [Trustee/Director]
- Logwone Warrior Mitz (Secretary) [Trustee/Director]
Official website here: www.finbegor.org
Where can I find the form 990 for Financial Beginnings Oregon?
The Financial Beginnings Oregon’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.finbegor.org
Learn more at the official website: www.finbegor.org
Mission Statement of Financial Beginnings Oregon
Financial Beginnings Oregon, as a nonprofit organization, aims to empower both youth and adults in taking charge of their financial futures. The mission of Financial Beginnings Oregon is to promote financial capability among Oregonians, enabling them to live with increased financial security and seize opportunities such as homeownership, higher education, and secure retirement. The organization achieves this by teaching individuals proactive strategies to improve their financial health, supporting the access and participation of un- and underbanked individuals in financial services, and providing age-appropriate financial education that meets or surpasses state-specific standards. Financial Beginnings Oregon proactively reaches out to economically vulnerable demographics, including low-income individuals, those with legal histories, the homeless, and communities of color, to enhance financial resiliency among underserved populations. The organization offers its financial education programs at no cost to partners or participants, partnering with schools and community-based organizations to reach over 25,000 Oregonians annually. The programs are taught by trained community volunteers and feature a Fellowship program for young adults, enhancing program delivery and impact. Financial Beginnings Oregon's programs have a measurable impact, with 98% of participants reporting a change in financial behaviors six months post-participation.
Impact
This information is meant to be a general summary of Financial Beginnings Oregon. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Financial Beginnings Oregon's impact is evident in the increased financial capability of youth and adults in Oregon. By providing free financial education programs that reach over 25,000 Oregonians annually, they are empowering individuals to take control of their financial futures. Participants report significant changes in their financial behaviors, with 98% making positive changes within six months of program completion. This includes improved budgeting skills, knowledge of banking options and credit reports, understanding of retirement savings, and ability to choose the right insurance coverage. Through their inclusive approach and partnerships with schools and community organizations, Financial Beginnings Oregon is promoting self-sufficiency, enhancing financial resiliency among underserved populations, and ultimately improving the financial security and opportunities for individuals in the state.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINANCIAL LITERACY CONF
Revenue
$28,500
Organization Details
Founding Year
2017
Phone
(800) 406-1876
Principal Officer
Kate Benedict
Main Address
2705 E Burnside Street 214, Portland, OR, 97214
Website
www.finbegor.org
NTEE Category
Code: P51 - Human services
If you are a representative of Financial Beginnings Oregon 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.