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Cents Ability Inc
New York, NY · EIN 743113057 · Form 990 · FY2020 · NTEE S80 · Community Improvement · Small ($100K-$1M)
revenue
$392K
expenses
$378K
net assets
$81K
employees
0
program ratio
75%
mission · from form 990

The Organization is dedicated to educating and empowering high school students to achieve their goals through the prudent and informed management of their financial resources.

profile · synthesized from sources

Cents Ability Inc is a New York-based nonprofit focused on financial education for high school students. The organization aims to empower youth to achieve their personal goals through informed management of financial resources. Its work falls under the broader category of community improvement.

named programs · 1 · from sources

What they call their work

Financial Literacy Education Program
Curriculum-based initiative delivering financial management education to high school students, focusing on budgeting, saving, and informed decision-making
activities · 1 group

What they do

financials · form 990 · fy2020
revenue
Total revenue$392K
Contributions & grants$392K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$378K
Program expenses75%
Admin / overhead23%
Fundraising2%
Salaries & benefits$238K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$87K
Cash$87K
Investments$0
Liabilities$5K
Net assets$81K
Liquid reserves2.8 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

Who runs it

board members · 3
  • Alexa DuPont Bell — Chairman
  • Conner McGee — Treasurer
  • Mark Kaplan — Secretary
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Financial Education for Youth
    methodology: financial-education-for-youth
    By teaching high school students prudent and informed financial management, we empower them to achieve their goals because foundational financial literacy enables long-term economic self-sufficiency.