2024-05-15T09:59:28-05:00 2023-06-30 930928924 PERKINS & COMPANY PC 1211 SW FIFTH AVE SUITE 1000 PORTLAND OR 97204 990 2022-07-01 203530960 FINANCIAL BEGINNINGS FINA 8004061876 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 RONECCA NORVELL CEO 8004061876 2024-05-15 1 RONECCA NORVELL 999009999 1 KAREN LISKA P00639089 5032210336 2024-05-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONECCA NORVELL 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 1889673 0 X WWW.FINANCIALBEGINNINGS.ORG X 2005 OR FINANCIAL BEGINNINGS EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURE. 11 11 10 125 0 0 530416 1629730 209068 148020 49 5145 0 72693 739533 1855588 0 0 0 0 686595 877876 0 3688 183457 271563 226337 958158 1107901 -218625 747687 67187 892367 70757 148250 -3570 744117 X FINANCIAL BEGINNINGS EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURE. 0 0 755127 225461 FINANCIAL BEGINNINGS FULFILLS ITS MISSION BY PROVIDING FINANCIAL EDUCATION AND EMPOWERMENT OPPORTUNITIES. AS A NATIONAL NONPROFIT, FINANCIAL BEGINNINGS PROVIDES PROGRAMS TO LEARNERS ACROSS THE UNITED STATES. FINANCIAL BEGINNINGS INCREASES THE FINANCIAL CAPABILITY OF YOUTH AND ADULTS, WHICH ALLOWS THEM TO LIVE WITH LESS FINANCIAL UNCERTAINTY. OUR GOALS ARE TO INCREASE KNOWLEDGE AND CONFIDENCE AROUND PERSONAL FINANCE TOPICS TO HELP PEOPLE ACHIEVE THEIR PERSONAL GOALS SUCH AS HOME OWNERSHIP, HIGHER EDUCATION, AND SECURE RETIREMENT. FINANCIAL BEGINNINGS WORKS TO:- PROMOTE FINANCIAL WELLNESS BY TEACHING AND EMPOWERING INDIVIDUALS TO IMPROVE THEIR FINANCIAL HEALTH PROACTIVELY.- ENHANCE FINANCIAL KNOWLEDGE, CONFIDENCE, AND RESILIENCY AMONG UNDERSERVED POPULATIONS.- SUPPORT INDIVIDUALS IN UNDERSTANDING, ACCESSING, AND PARTICIPATING IN FINANCIAL SERVICES.- PROVIDE AGE-APPROPRIATE FINANCIAL EDUCATION THAT MEETS OR EXCEEDS STATE-SPECIFIC STANDARDS.- CREATE COMMUNITIES THAT UNDERSTAND THE NEED FOR FINANCIAL EDUCATION, BUILDING PARTNERSHIPS THAT WORK COLLABORATIVELY TOWARDS INCREASED FINANCIAL LITERACY AND EMPOWERMENT. THESE GOALS ARE ACCOMPLISHED THROUGH FINANCIAL BEGINNINGS' MAIN PROGRAM, WHICH INCLUDES AGE-APPROPRIATE LESSONS FOR YOUTH IN GRADES K-12, AS WELL AS PROGRAMMING FOR COLLEGE STUDENTS AND ADULTS. PROGRAMS ARE PROVIDED IN PARTNERSHIP WITH SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. FINANCIAL BEGINNINGS HAS ALSO DEVELOPED ONLINE PROGRAMMING TO COMPLEMENT IN-PERSON LESSONS. 755127 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OR X RONECCA NORVELL 8004061876 6443 SW BEAVERTON HILLSDALE HWY STE PORTLAND OR 97221 TOM SOMA CHAIR 2.00 X X 0 0 0 DONALD BIELEN TREASURER 1.00 X X 0 0 0 MICHAEL FISHER SECRETARY 1.00 X X 0 0 0 BRIDGET BANZ BOARD MEMBER 1.00 X 0 0 0 JAMESE BEAUFORD BOARD MEMBER 1.00 X 0 0 0 HOLLY FILES BOARD MEMBER 1.00 X 0 0 0 FREWINE KIROS BOARD MEMBER 1.00 X 0 0 0 MARTHA MICKELSON BOARD MEMBER 1.00 X 0 0 0 JEFF STRICKLER BOARD MEMBER 1.00 X 0 0 0 JOHN STIREK BOARD MEMBER 1.00 X 0 0 0 JOHN STIREK BOARD MEMBER 1.00 X 0 0 0 RONECCA NORVELL CEO (PART YEAR) 40.00 X 49298 0 5167 MELODY BELL CEO, FOUNDER (PART YEAR) 40.00 X 146553 0 8100 TIMOTHY CHRISTY COO 40.00 X 105099 0 12678 300950 0 25945 2 0 1 0 0 15423 10000 1604307 1629730 LICENSING OF CURRICULU 611710 148020 148020 148020 5145 5145 0 15423 4748 -4748 -4748 46438 29337 17101 17101 SETTLEMENT INCOME 900099 60000 60000 MISCELLANEOUS INCOME 900099 340 340 60340 1855588 225461 0 397 257032 178045 27581 51406 500088 367935 59289 72864 60535 44913 6351 9271 60221 44271 4428 11522 40814 40814 3688 3688 25754 9971 8004 7779 5171 1753 3101 317 37849 13600 8455 15794 25436 14581 5342 5513 7047 2636 2626 1785 100 100 975 705 111 159 4900 3541 559 800 PROGRAM EXPENSES 65301 65301 COMMUNICATIONS 12990 7875 2556 2559 1107901 755127 169317 183457 37674 0 452964 24585 398516 3953 3594 1595 1595 975 0 0 37293 67187 892367 3037 109365 67720 38885 70757 148250 X -3570 397261 346856 -3570 744117 67187 892367 747687 0 X 0 1 X 1 0 X 75170 75776 192817 230416 391230 965409 75170 75776 192817 230416 391230 965409 382654 582755 1120 5896 409 49 5145 12619 978028 0.59580 0.46760 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: UNRESTRICTED GRANT FOR OPERATING SUPPORT DATE: 07/01/22 AMOUNT: 1000000. DESCRIPTION: RESTRICTED THREE-YEAR GRANT TOWARD ELEARNING PROGRAMS DATE: 12/08/22 AMOUNT: 238500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1595 1595 0 0 LEASE LIABILITY 38885 38885 1894527 4854 34085 38939 1855588 0 1855588 1146840 4854 34085 38939 1107901 0 1107901 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 4,748. COGS MATERIAL 29,337. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 4,748. COGS MATERIAL 29,337. CA KICKOFF EVENT 15423 15423 964 226 3558 15423 15423 964 226 3558 4748 -4748 X X 0 0 0 0 0 0 0 0 0 MELODY BELL CEO, FOUNDER (PART YEAR) 146553 0 0 0 0 0 7998 0 102 0 154653 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOHN STIREK AND JOHN STIREK - FAMILY RELATIONSHIP. TOM SOMA AND JOHN STIREK - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE FINANCE COMMITTEE AND THEN THE TREASURER PRESENTS TO THE BOARD FOR REVIEW BEFORE SUBMITTING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO DISCLOSE ANY OR NO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIR LEADS THE PROCESS OF EVALUATING THE CEO. THE CHAIR SOLICITS INPUT FROM THE BOARD TO WRITE A FORMAL REVIEW FOR THE CEO. THE BOARD APPROVES THE REVIEW AND ANY SALARY OR BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL REPORTS ARE AVAILABLE ON OUR WEBSITE. OTHER DOCUMENTS AVAILABLE UPON REQUEST.