Poverty Solutions Group Inc
- Assets
- $93.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Garden, FL
- Founding
- Data as of
- 03/2022
- EIN
- 84-5151564
Organization Overview
Poverty Solutions Group Inc is located in Winter Garden, FL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poverty Solutions Group Inc 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 03/2022, Poverty Solutions Group Inc generated $189.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $188.0k during the year ending 03/2022. While expenses have increased by 14.1% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUSTAINABLE POVERTY REDUCTION BASED ON EMERGING BEST PRACTICES TO EMPOWER INDIVIDUALS AND HOUSEHOLDS TO ACHIEVE ECONOMIC STABILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynette Fields Executive Di | 40 | $66,791 | |
Adam Hartnett Program Dire | 20 | $42,938 | |
Ruth Berlus Program Dire | 20 | $25,605 | |
Kathy Craven President | 0 | $0 | |
Chantel Aquart Director | 0 | $0 | |
Chevalier Lovette Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,067 |
| Total Program Service Revenue | $45,882 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,949 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $159,225 |
| Professional fees and other payments to independent contractors | $14,391 |
| Occupancy, rent, utilities, and maintenance | $5,300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,036 |
| Total expenses | $187,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,814 |
| Other assets | $0 |
| Total assets | $93,014 |
| Total liabilities | $68,648 |
| Net assets or fund balances | $24,366 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Poverty Solutions Group Inc has recieved totaling $81,146.
| Awarding Organization | Amount |
|---|---|
Mazon Inc A Jewish Response To Hunger Los Angeles, CA PURPOSE: Working to end hunger | $75,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,146 |
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