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
(626) 646-2321

hello@center4fe.org
Mission Statement info

THE CFE IS BREAKING THE CYCLE OF GENERATIONAL POVERTY AND CREATING MORE STABLE COMMUNITIES THROUGH FINANCIAL EDUCATION FOR DISADVANTAGED HIGH SCHOOL YOUTH.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2005
Total Employees info
5
Total Volunteers info
63
Nonprofit Classification (NTEE Code) info
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 info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624190
Other Individual and Family Services
Targeted Clients info
  • At-Risk Youth
  • Economically Disadvantaged
  • Foster Youth
  • Underbanked or Unbanked
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • USDA Free or Reduced Lunch Students

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
92%
Percent LMI Served info
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 info
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 info
  • At-Risk Youth
  • Economically Disadvantaged
  • K-12 Students
  • Foster Youth
CRA Income Characteristics info
  • 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 info
  • At-Risk Youth
  • Economically Disadvantaged
  • K-12 Students
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • USDA Free or Reduced Lunch Students
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$160.1K
Revenue
$160.1K
Assets
$191.4K
Exempt Ruling Date info
2006-08
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
6475 W SAHARA AVE
LAS VEGAS, NV 89146
Clark County
FIPS Geocoded Address info
29820
CBSA info
32
State info
003
County info
0029.47
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Las Vegas-Henderson-Paradise, NV
Combined Statistical Area info
Las Vegas-Henderson, NV
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 31.4%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • NV - Clark County

Market Data

Census Tract County
0029.47 Clark County
Population
Total Population 2,971 2,228,866
Total Households 969 809,026
Income
Median Family Income (Census*) $88,750 $61,048
Median Family Income (2019 FFIEC) $67,800 N/A
Tract Income Percentage 147.93% N/A
Below Poverty Level 9.3% 13.4%
Unemployment Level 5.7% 7.0%
Housing
Total Housing Units 1,094 912,465
Total Owner-Occupied Units 71.2% 54.8%
Total Renter-Occupied Units 17.4% 45.2%
Total Vacant Units 11.4% 9.8%
* Census tract income based on 2019 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body
info
0
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Daniel Rader
(626) 960-6888
Principal Officer info
Daniel Rader
findCRA Profile Owner
Abby Ulm
Executive Director
abbyu@center4fe.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
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
IRS Reported Activities info
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.