Doughmain Financial Literacy Foundation Incorporated
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 46-1135282
Organization Overview
Doughmain Financial Literacy Foundation Incorporated is located in Princeton, NJ. The organization was established in 2013. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doughmain Financial Literacy Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Doughmain Financial Literacy Foundation Incorporated generated $146.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $213.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DMFLF HAS DEVELOPED FINANCIAL LITERACY CURRICULA USED IN EDUCATIONAL SETTINGS INCLUDING HIGH SCHOOL AND MIDDLE SCHOOL CLASSROOMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Damato Trustee | 10 | $0 | |
Steve Bergida Trustee Treasurer | 1 | $0 | |
Maria Passannante-Derr Trustee | 1 | $0 | |
Carol Ann Fernandez Trustee | 1 | $0 | |
Sonali Deshpande Trustee | 1 | $0 | |
Matthew Allan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,806 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,806 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $72,062 |
| Occupancy, rent, utilities, and maintenance | $81,421 |
| Printing, publications, postage, and shipping | $9,225 |
| Other expenses | $50,699 |
| Total expenses | $213,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,254 |
| Other assets | $0 |
| Total assets | $47,506 |
| Total liabilities | $39,540 |
| Net assets or fund balances | $7,966 |