Nonprofit · EIN 61-1651831
DOLLAR LEARNING FOUNDATION
Tax-exempt · WOODLAND HILLS, CA 91367
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,344,016 | $1,429,347 | -$85,331 | $331,430 | $1,035,318 | -$703,888 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,344,016
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $104,400
- Other salaries and wages
- $106,740
- Salaries, compensation and benefits (total)
- $228,248
- Professional fundraising fees
- $0
- Legal fees
- $11,067
- Accounting fees
- $29,540
- Occupancy
- $19,349
- Depreciation
- $33,940
- Program services (functional)
- $1,429,347
Balance sheet and other
- Total assets, start of year
- $339,287
- Total assets, end of year
- $331,430
- Total liabilities, end of year
- $1,035,318
- Net assets, end of year
- -$703,888
- Land, buildings and equipment
- $105,998
- Gross receipts
- $1,344,016
- Employees
- 7
- Volunteers
- 10
- Year formed
- 2011
- 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 |
|---|---|---|---|
| BEN WUNSCH | VICE PRESIDENT Officer | 40 | $90,000 |
| ARAM POLAT | PRESIDENT Officer | 25 | $14,400 |
Address and contacts
- Address (IRS master file)
- 21550 OXNARD STREET 3RD FLOOR ROOM, WOODLAND HILLS, CA 91367-7105
- In care of
- % ARAM POLAT
- Mailing address (990-N for 2013)
- 21900 Burbank Boulevard Suite 3097, Woodland Hills CA 91367
- Principal officer (990 for 2024)
- Aram Polat, 20220 SORRENTO LN 304, PORTER RANCH, CA 91326
- Principal officer (990-N for 2013)
- Aram Polat, 21900 Burbank Boulevard Suite 3097, Woodland Hills CA 91367
- Signed the 990
- Aram Polat, PRESIDENT
- Phone
- (818) 346-6900
- Website
- http://dollarbk.org/
- Return prepared by
- MTX ACCOUNTING
Mission
DOLLAR LEARNING FOUNDATION PROVIDES FINANCIAL LITERACY PROGRAMS TO INDIVIDUALS AND THEIR FAMILIES THAT ARE SUFFERING FROM FINANCIAL DISTRESS.
Program accomplishments
- OUR CREDIT COUNSELING COURSE PROVIDES FINANCIAL EDUCATION WITH A FOCUS ON THE CLIENTS INCOME AND EXPENSES TO DEVELOP A WORKING BUDGET FOR THEIR HOUSEHOLD. OUR DEBTOR EDUCATION COURSE PROVIDES FINANCIAL EDUCATION WITH A FOCUS ON MONEY MANAGEMENT AND WISE USE OF CREDIT.Expenses $1,429,347 · revenue $1,344,015
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
- 61-1651831
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L192)
- Assets (IRS master file)
- $331,430
- Income (IRS master file)
- $1,344,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,347,493 | $1,533,709 | $339,287 | IRS |
| 990 | December 2022 | $1,050,238 | $1,280,615 | $257,268 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: Aram Polat | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about DOLLAR LEARNING FOUNDATION
- What is the EIN of DOLLAR LEARNING FOUNDATION?
- The employer identification number (EIN) of DOLLAR LEARNING FOUNDATION is 61-1651831.
- Is DOLLAR LEARNING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to DOLLAR LEARNING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOLLAR LEARNING FOUNDATION 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 DOLLAR LEARNING FOUNDATION 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 DOLLAR LEARNING FOUNDATION 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 DOLLAR LEARNING FOUNDATION?
- The 990 for the year ended December 31, 2024 names Aram Polat.
- Who are the officers and directors of DOLLAR LEARNING FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $90,000 (BEN WUNSCH, VICE PRESIDENT).
- How much revenue does DOLLAR LEARNING FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,344,016, expenses of $1,429,347 and total assets of $331,430 at year end.
Other nonprofits in WOODLAND HILLS
- COZYWARMHOMES ORG EIN 83-4460891 · last filed 990-N for 2023
- MATTHEW PERRY FOUNDATION EIN 61-2179747 · last filed 990 for 2024
- WEST VALLEY COUNSELING CENTER A NON-PROFIT ORGANIZATION EIN 27-2191898 · last filed 990 for 2024
- NATIONAL CHARITY LEAGUE LOS ANGELES CHAPTER EIN 95-1756421 · last filed 990 for 2025
- A NEW DAY FOUNDATION INC EIN 82-1965126 · last filed 990 for 2025
- FARMERS FAMILY FUND EIN 45-3561769 · last filed 990 for 2025
- LITTLE LEAGUE BASEBALL INC EIN 95-6111901 · last filed 990 for 2025
- ST VINCENT FOUNDATION EIN 95-3922511 · last filed 990 for 2025
All nonprofits in WOODLAND HILLS · California · Housing and shelter