Nonprofit · EIN 20-2843303
CENTER FOR FINANCIAL EMPOWERMENT
Tax-exempt · IRWINDALE, CA 91706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $409,370 | $369,244 | $40,126 | $345,182 | $43,687 | $301,495 |
| December 31, 2023 | 990 | $375,700 | $376,902 | -$1,202 | $316,508 | $55,139 | $261,369 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $402,614
- Membership dues
- $13,200
- Program service revenue
- $0
- Investment income
- $6,756
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $255,670
- Salaries, compensation and benefits (total)
- $255,670
- Professional fundraising fees
- $0
- Accounting fees
- $14,594
- Travel
- $10,761
- Program services (functional)
- $84,739
- Management and general (functional)
- $280,092
- Fundraising (functional)
- $4,413
Balance sheet and other
- Total assets, start of year
- $316,508
- Total assets, end of year
- $345,182
- Total liabilities, end of year
- $43,687
- Net assets, end of year
- $301,495
- Net assets without donor restrictions
- $301,495
- Gross receipts
- $409,370
- Employees
- 2
- Year formed
- 2005
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DAN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| M KENJI COLEMAN | Chairman Trustee or director, Officer | 1 | $0 |
| LISA TORTI | Director Trustee or director | 1 | $0 |
| TIM FERREIRA | Director Trustee or director | 2 | $0 |
| PASCUAL GARRIDO | Secretary Trustee or director, Officer | 1 | $0 |
| JENNIFER OLIVER | Treasurer Trustee or director, Officer | 1 | $0 |
| ABBY ULM | PROG. DIRECTOR Trustee or director | 40 | $0 |
| MATTHEW SHANNON | Director Trustee or director | 1 | $0 |
| DIANA CERVANTES | Executive Dir. Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ABBY ULM | Executive Dir. Trustee or director | 40 | $0 | $165,960 |
| DAVID DAN | Director Trustee or director | 1 | $0 | $0 |
| M KENJI COLEMAN | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| LISA TORTI | Director Trustee or director | 1 | $0 | $0 |
| TIM FERREIRA | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| PASCUAL GARRIDO | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER OLIVER | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW SHANNON | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 12701 SCHABARUM AVE, IRWINDALE, CA 91706-6807
- In care of
- % GEORGE POITOU
- Principal officer (990 for 2024)
- JENNIFER OLIVER, 12701 SCHABARUM AVE, IRWINDALE, CA 91706
- Signed the 990
- JENNIFER OLIVER, Treasurer
- Phone
- (626) 960-6888
- Website
- www.center4fe.org
- Return prepared by
- PFS TAX LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 20-2843303 or by the name CENTER FOR FINANCIAL EMPOWERMENT.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Center for Financial Empowerment is a nonprofit 501(c)(3) organization whose mission is to break the cycle of generational poverty and create more stable communities through youth financial education.
Program accomplishments
- FINANCIAL LITERACY WORKSHOPS AND INTERACTIVE EVENTS FOR UNDERSERVED HIGH SCHOOL YOUTH. CLASSES ON BASIC BUDGETING, SAVINGS, AND CREDIT MANAGEMENT.Expenses $84,739
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2843303
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $345,182
- Income (IRS master file)
- $409,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $409,370 | $369,244 | $345,182 | XML |
| 990 | December 2023 | $375,700 | $376,902 | $316,508 | XML |
| 990 | December 2022 | $345,330 | $328,369 | $324,337 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2843303).
Questions about CENTER FOR FINANCIAL EMPOWERMENT
- What is the EIN of CENTER FOR FINANCIAL EMPOWERMENT?
- The employer identification number (EIN) of CENTER FOR FINANCIAL EMPOWERMENT is 20-2843303.
- Is CENTER FOR FINANCIAL EMPOWERMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to CENTER FOR FINANCIAL EMPOWERMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTER FOR FINANCIAL EMPOWERMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CENTER FOR FINANCIAL EMPOWERMENT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTER FOR FINANCIAL EMPOWERMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CENTER FOR FINANCIAL EMPOWERMENT?
- The 990 for the year ended December 31, 2024 names JENNIFER OLIVER.
- Who are the officers and directors of CENTER FOR FINANCIAL EMPOWERMENT?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does CENTER FOR FINANCIAL EMPOWERMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $409,370, expenses of $369,244 and total assets of $345,182 at year end.
Other nonprofits in IRWINDALE
- ONELEGACY EIN 95-3138799 · last filed 990 for 2024
- SMART TRANSPORTATION DIVISION METROPOLITAN TRANSPORTATION AUTHOR EIN 95-6401105 · last filed 990 for 2025
- OFL-BALDWIN PARK INC EIN 83-3735809 · last filed 990 for 2025
- ONELEGACY FOUNDATION EIN 45-2936915 · last filed 990 for 2024
- LAZARIAN FOUNDATION INC EIN 95-4740552 · last filed 990-PF for 2024
- IRWINDALE COMMUNITY FOUNDATION EIN 83-4427699 · last filed 990-PF for 2025
- IRWINDALE CHAMBER OF COMMERCE INC EIN 95-3615730 · last filed 990 for 2024
- CALIFORNIA TEACHERS ASSOCIATION EIN 95-2628936 · last filed 990-EZ for 2025