Making Change Inc

Organization Overview

Making Change Inc, operating under the name Makingchange, is located in Columbia, MD. The organization was established in 1992. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 06/2022, Makingchange employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Makingchange 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 06/2022, Makingchange generated $290.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $292.6k during the year ending 06/2022. While expenses have increased by 8.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER INDIVIDUALS AND FAMILIES TO ACHEIVE FINANCIAL STABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL COUNSELING: OUR MISSION IS ACHEIVED BY PROVIDING FINANCIAL SEMINARSM PERSONAL FINANICAL COACHING AND FREE TAX PREPARATION SERVICES AS WELL AS OUTREACH EFFORTS.ALTHOUGH OUR PROGRAMS ADDRESS ISSUES OF CONCERN TO PEOPLE OF ALL AGES AND INCOME LEVEL, WE FOCUS PRIMARILY ON THE LOW INCOME POPULATION. OUR INTENT IS TO HELP INDIVIDUALS WORK TOWARDS SELF-SUFFICENCY. WE CONTINE TO PARTNER WITH COMMUNITY ORGANIZATIONS TO INCREASE THE NUMBER OF PEOPLE WHO BENEFIT FROM OUR PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Jasmine Brewer
Executive Director
$103,333
Washina Ford
Secretary
$0
Sekou Murphy
Treasurer
$0
Deborah A Colson
Chairman
$0
Ashley Lazarewicz
Co-Chair
$0
Ashlie Sowers
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $266,574
All other contributions, gifts, grants, and similar amounts not included above$23,377
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$289,951
Total Program Service Revenue$0
Investment income $17
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $289,968

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Making Change Inc has recieved totaling $534.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$34
View Grant Recipient Profile

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