CENTER FOR FINANCIAL EMPOWERMENT | NEVADA OFFICE
LAS VEGAS, NV | Clark County
Community Services
Overview
CENTER FOR FINANCIAL EMPOWERMENT | NEVADA OFFICE
20-2843303
6475 W SAHARA AVE
LAS VEGAS, NV 89146
Clark County
LAS VEGAS, NV 89146
Clark County
(626) 646-2321
hello@center4fe.org
Mission Statement
THE CFE IS BREAKING THE CYCLE OF GENERATIONAL POVERTY AND CREATING MORE STABLE COMMUNITIES THROUGH FINANCIAL EDUCATION FOR DISADVANTAGED HIGH SCHOOL YOUTH.
CRA Category
- Community Services
Nonprofit location
- This nonprofit is not located in any CRA geographies.
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
2005
Total Employees
5
Total Volunteers
63
Nonprofit Classification (NTEE Code)
P51
P - Human Services
Financial Counseling
Organizations that provide advice and guidance for people who need assistance in obtaining credit, obtaining or correcting information in their credit records, reducing their debt burden or managing their financial resources more effectively.
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
624190
Other Individual and Family Services
Targeted Clients
- At-Risk Youth
- Economically Disadvantaged
- Foster Youth
- Underbanked or Unbanked
CRA Income Characteristics
- Low-Income
- Moderate-Income
- USDA Free or Reduced Lunch Students
CRA Alignment
CRA Category
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
92%
Percent LMI Served
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services
Mad City Money - Financial Learning Simulation
The CFE’s 3-hour Mad City Money simulation event delivers a dose of financial reality to high school students and young adults in a fun, interactive format. This hands-on learning activity gets young people out of the classroom to experience what it’s like to live and support a family in the real world. Students are transported into the future where they have a job and income. They also have medical insurance payments, student loan debt, credit card debt, a spouse and children to provide for. Their challenge is to visit “merchant” stations to purchase housing, transportation, food, clothing, childcare and more, all without running out of money. And before they finish, they’re visited by Fate who delivers unexpected expenses and windfalls.
Targeted Clients
- At-Risk Youth
- Economically Disadvantaged
- K-12 Students
- Foster Youth
CRA Income Characteristics
- Low-Income
- Moderate-Income
- USDA Free or Reduced Lunch Students
Financial Capability Program
A four-year series of financial literacy courses for high schools, with five topic presentations delivered every year for each grade level. The combination of courses satisfies in totality the high school financial literacy standards defined in the Nevada Academic Content Standards (NVACS). Classroom instruction is provided in collaboration between the CFE’s Certified Financial Educators, classified teachers, and subject-matter experts from the community who serve as guest presenters. The program is designed to teach disadvantaged high school students financial literacy, to help address economic inequalities in low-income communities.
Targeted Clients
- At-Risk Youth
- Economically Disadvantaged
- K-12 Students
CRA Income Characteristics
- Low-Income
- Moderate-Income
- USDA Free or Reduced Lunch Students
Awards & Certifications
Community Development Financial Institution
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$351.4K
Revenue
$351.4K
Assets
$292.2K
IRS Business Master File Details
As of November 2022 Update
Exempt Ruling Date
2006-08
Deductibility Status
Deductible
Last Tax Filing
2021
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Publication 78 Details
As of April 2023
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
Nonprofit Location
Physical Address
6475 W SAHARA AVE
LAS VEGAS, NV 89146
Clark County
LAS VEGAS, NV 89146
Clark County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
29820
MSA/MD
32
State
003
County
0029.47
Tract
Upper
Income Level
Core-Based Statistical Area
29820 - Las Vegas-Henderson-Paradise, NV
Combined Statistical Area
332 - Las Vegas-Henderson, NV
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
41.46%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
- NV - Clark County
Market Data
Census Tract | County | |
---|---|---|
0029.47 | Clark County | |
Population | ||
Total Population | 2,528 | 2,231,147 |
Total Households | 1,162 | 816,296 |
Income | ||
Median Family Income (Census*) | $100,432 | $64,210 |
Median Family Income (2022 FFIEC est.) | $81,700 | $81,700 |
Tract Income Percentage | 139.69% | N/A |
Below Poverty Level | 5.5% | 13.6% |
Unemployment Level | 4.6% | 7.8% |
Housing | ||
Total Housing Units | 1,312 | 910,667 |
Total Owner-Occupied Units | 81.6% | 55.4% |
Total Renter-Occupied Units | 7.0% | 44.6% |
Total Vacant Units | 11.4% | 9.2% |
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
Management
9
Total Voting Members
in Governing Body
in Governing Body
0
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Daniel Rader
(626) 960-6888
(626) 960-6888
Principal Officer
Daniel Rader
findCRA Profile Owner
Abby Ulm
Executive Director
abbyu@center4fe.org
Executive Director
abbyu@center4fe.org
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.
This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.

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