FINANCIAL EDUCATION EMPOWERMENT
CARLSBAD, CA | San Diego County
Community Services
Overview
FINANCIAL EDUCATION EMPOWERMENT
83-0606571
7040 AVENIDA ENCINAS
CARLSBAD, CA 92011
San Diego County
CARLSBAD, CA 92011
San Diego County
(858) 442-3071
haggan@financialempower.org
Mission Statement
TO EMPOWER LOW- TO MODERATE-INCOME (LMI) INDIVIDUALS TO ACHIEVE FINANCIAL INDEPENDENCE.
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
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
B01
B - Educational Institutions
Alliances & Advocacy
Organizations whose activities focus on influencing public policy within the Education major group area. Includes a variety of activities from public education and influencing public opinion to lobbying national and state legislatures.
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
813319
Other Social Advocacy Organizations
Targeted Clients
- Children & Youth
- K-12 Students
- General Public
- People Needing Credit Counseling
CRA Income Characteristics
This nonprofit has claimed its profile but has not yet provided this information.
CRA Alignment
CRA Category
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
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
CREDIT: THE BASICS OF CREDIT & HOW IT EFFECTS YOUR LIFE
A financial literacy program for LMI adults focused on how credit scores work. It explores who Equifax, TransUnion and Experian are as well as strategies for choosing the best credit options and understanding the financial costs of low credit scores.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
STRATEGIES TO INCREASE CREDIT SCORE
A financial literacy program that focuses on credit repair, including removing errors from credit reports and handling fraudulent activities. Also explores how to boost credit scores, track changes in credit, and submit disputes.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
FINANCIAL LITERACY INSTRUCTION
Guided money-released instruction and role play on spending, saving and giving of allowances, money responsibility, savings & investing and concepts regarding shopping and choosing the best options.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
FINANCIAL LITERACY INSTRUCTION
Guided money-related instruction and role play including identifying coins, earning money to meet financial goals, toy-related exchange to reinforce the process of exchanging money for goods and savings discussions.
Targeted Clients
Not reported
CRA Income Characteristics
Not reported
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
$1
Revenue
-
Assets
$530
IRS Business Master File Details
As of March 2024
Exempt Ruling Date
2018-06
Deductibility Status
Deductible
Last Tax Filing
2021
Organization Type
Corporation
Organization Tax Filing Status
990 - Not required to file (all other)
Foundation Tax Filing Status
990-PF required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Private non-operating foundation
IRS Publication 78 Details
As of March 2024
Verified in Publication 78
No
Deductibility Limitation
Not reported
Organization Description
Not reported
IRS Form 990 Returns
Through August 2023
Tax period ending in
2022-12
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Nonprofit Location
Physical Address
7040 AVENIDA ENCINAS
CARLSBAD, CA 92011
San Diego County
CARLSBAD, CA 92011
San Diego County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
41740
MSA/MD
06
State
073
County
0178.13
Tract
Upper
Income Level
Core-Based Statistical Area
41740 - San Diego-Chula Vista-Carlsbad, CA
Combined Statistical Area
Not located in a CSA.
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
22.49%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
Not reported by nonprofit
This nonprofit has claimed its profile but has not yet provided this information.
Market Data
| Census Tract | County | |
|---|---|---|
| 0178.13 | San Diego County | |
| Population | ||
| Total Population | 4,370 | 3,289,701 |
| Total Households | 1,805 | 1,149,157 |
| Income | ||
| Median Family Income (Census*) | $128,311 | $96,974 |
| Median Family Income (2023 FFIEC est.) | $116,800 | $116,800 |
| Tract Income Percentage | 134.18% | N/A |
| Below Poverty Level | 5.0% | 10.6% |
| Unemployment Level | 3.1% | 6.3% |
| Housing | ||
| Total Housing Units | 2,221 | 1,230,349 |
| Total Owner-Occupied Units | 50.1% | 54.2% |
| Total Renter-Occupied Units | 31.2% | 45.8% |
| Total Vacant Units | 18.7% | 4.7% |
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
Management
Not reported
Total Voting Members
in Governing Body
in Governing Body
Not reported
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Haggan Henderson
Principal Officer
Not reported by nonprofit.
findCRA Profile Owner
Haggan Henderson
haggan@financialempower.org
haggan@financialempower.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
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990PF e-filed for the tax period ending on 2022-12.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-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 help.findcra.com.
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