Civic Intelligence

Financial Literacy International Inc

EIN 47-3407325 • 501(c)3 • Hollidaysburg, PA

Profile

To provide teaching, coordinate, and provide aid and relief to address chronic poverty in developing countries

8583 Woodbury PikeHollidaysburg, PA 16648

financialliteracyinternational.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.10x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

61st percentile

11%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

93rd percentile

90%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

4.4%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$187,833

Up $23,181 (+14%) from 2023

Liabilities

Down

$582

Down $16,589 (-97%) from 2023

Net Assets

Up

$187,251

Up $39,770 (+27%) from 2023

Revenue

Up

$814,619

Up $86,189 (+12%) from 2023

Expenses

Up

$774,849

Up $123,428 (+19%) from 2023

Net Income

Down

$39,770

Down $37,239 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2016: $19,504Liabilities 2016: $0Net Assets 2016: $19,5042016Assets 2017: $62,702Liabilities 2017: $25,000Net Assets 2017: $37,7022017Assets 2018: $74,993Liabilities 2018: $20,622Net Assets 2018: $54,3712018Assets 2019: $68,321Liabilities 2019: $223Net Assets 2019: $68,0982019Assets 2020: $68,433Liabilities 2020: $9,567Net Assets 2020: $58,8662020Assets 2021: $102,078Liabilities 2021: $433Net Assets 2021: $101,6452021Assets 2022: $86,865Liabilities 2022: $16,393Net Assets 2022: $70,4722022Assets 2023: $164,652Liabilities 2023: $17,171Net Assets 2023: $147,4812023Assets 2024: $187,833Liabilities 2024: $582Net Assets 2024: $187,2512024

Highlighted filing

2024

Assets$187,833
Liabilities$582
Net Assets$187,251

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $139,271Expenses 2016: $119,767Net Income 2016: $19,5042016Revenue 2017: $340,819Expenses 2017: $322,621Net Income 2017: $18,1982017Revenue 2018: $534,333Expenses 2018: $517,664Net Income 2018: $16,6692018Revenue 2019: $638,464Expenses 2019: $624,378Net Income 2019: $14,0862019Revenue 2020: $624,243Expenses 2020: $633,475Net Income 2020: -$9,2322020Revenue 2021: $703,933Expenses 2021: $678,535Net Income 2021: $25,3982021Revenue 2022: $697,593Expenses 2022: $728,766Net Income 2022: -$31,1732022Revenue 2023: $728,430Expenses 2023: $651,421Net Income 2023: $77,0092023Revenue 2024: $814,619Expenses 2024: $774,849Net Income 2024: $39,7702024

Highlighted filing

2024

Revenue$814,619
Expenses$774,849
Net Income$39,770

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 21, 2025
Return Version
2024v5.1
Gross Receipts
$814,619
Mission and Program Overview

Mission

To provide teaching, coordinate, and provide aid and relief to address chronic poverty in developing countries

FLI is a non-profit organization which seeks to eradicate chronic poverty and introduce education to the underprivileged citizens of developing countries, with an emphasis on Bangladesh. FLI provides its services without charge, and it relies on contributions from donors to

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,412$84,033▲ $32,621
Savings and Temporary Cash Investments$80,741$73,282▼ $7,459
Land, Buildings, and Equipment, Net$15,984$15,519▼ $465
Inventories for Sale or Use$16,515$11,276▼ $5,239
Total Assets$164,652$187,833▲ $23,181
Other Assets Total-$3,723-
Liabilities
Accounts Payable and Accrued Expenses$17,171$582▼ $16,589
Total Liabilities$17,171$582▼ $16,589
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$104,614$126,536▲ $21,922
Net Assets With Donor Restrictions$42,867$60,715▲ $17,848
Total Net Assets Fund Balance$147,481$187,251▲ $39,770
Total Liabilities and Net Assets / Fund Balance$164,652$187,833▲ $23,181

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,519$3,104$18,623
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim MartinPresident
Arnold EbyAt large
Keith SensenigAt large
Lamar RosenberrySecretary
Clyde ZimmermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$813,973
Program Service Revenue
$0
Investment Income
$4,001
Other Revenue
$-3,355
All Other Contributions
$813,973
Change in Net Assets
$39,770

Audited Revenue Reconciliation

Revenue per Audited Statements
$814,619
Revenue Not Reported on Form 990
$4,950
Total Revenue per Audited Statements
$819,569
Total Revenue per Form 990
$814,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$426,536
Salaries, Compensation, and Employee Benefits$275,896
Grants and Similar Amounts Paid$72,417
Total Fundraising Expense$2,407
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,904$35,501-$271,405
Travel$128,243$5,456-$133,699
Foreign Grants$72,417--$72,417
Occupancy$72,346--$72,346
Other Expenses$38,282--$38,282
Office Expenses$21,852$2,567$1,499$25,918
Fees for Services Other$13,167-$908$14,075
Fees for Services Accounting-$9,350-$9,350
Conferences and Meetings$5,810--$5,810
Comp Disqual Persons-$3,625-$3,625
Information Technology$2,032--$2,032
Payroll Taxes-$866-$866
Insurance-$650-$650
Depreciation Depletion$466--$466
All Other Expenses$330--$330
Interest$1--$1
Total Functional Expenses$714,427$58,015$2,407$774,849

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$779,799
Expenses per Audited Statements$774,849
Total Expenses per Form 990$774,849
Expenses Not Reported on Form 990$4,950
International Activity

International Summary

Offices
11
Employees
93
Spending
$714,427

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram services---$642,010
South AsiaGrant makingPoverty eradication1193$72,417
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The board of directors review FLIs Form 990 prior to its filing with the IRS.

Conflict of interest policy compliance Part VI line 12C

The governing board is charged with the responsibility of monitoring compliance with FLIs conflict of interest policy. Interested persons are required to disclose to the board any transaction that may be viewed as a potential conflict of interest. Board members that are not party to the transaction have a fiduciary responsibity to decide whether the transaction in question is a conflict of interest. Appropriate action is required if such a determination is made. A complete copy of the conflict of interest policy may be acquired by contacting the organizations business office.

Governing documents etc available to public Part VI line 19

FLI makes its annual audited financial statements and other governing documents such as its articles of incorporation, by-laws, confict of interest policy, and other documents available upon request.

Filing and Contact Details

Filer

Filer Name
Financial Literacy International Inc
EIN
47-3407325
In Care Of
% Tim Martin
Address
8583 Woodbury Pike, Hollidaysburg, PA 16648

Signing Officer

Name
Tim Martin
Title
President
Signed
2025-04-21
Discuss with paid preparer
Yes

Organization Details

Formed
2015
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
18

Preparer

Firm
Payne White and Schmutz CPA Pa
Address
114 WN 1ST STREET, SENECA, SC 29678
Preparer
Mark a Payne CPA
Phone
8648821937
Supplemental Narrative

Additional Explanations

General explanation attachment

Part I, line 1 continued:support its activities. FLI is organized exclusively for educational and charitable purposes. Its purposes include utilizing savings groups to help rural villagers rise out of poverty by providing financial economic teaching; by providing spoken English to villagers; and, by coordinating volunteer humanitarian efforts as may be dicated by global events.

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

FLI has adopted accounting principles related to accounting for uncertainty in income taxes. FLIs policy is to record a liability for any tax position taken that is beneficial to FLI, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Penalties and interest related to underpayment of income taxes are not recorded as income taxes but as penalties and interest expense. Management believes there are no such positions for either the current year or prior years and, according, no liability has been accrued.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/PublicSupportTotal170Amt03570868
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0813973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0730378
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0699588
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0704149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0622780
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03570868
IRS990ScheduleA/TotalSupportAmt03575610
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015519
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018623
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt04950
IRS990ScheduleD/DonatedServicesUseFcltsAmt04950
IRS990ScheduleD/ExpensesNotReportedAmt04950
IRS990ScheduleD/ExpensesSubtotalAmt0774849
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt04950
IRS990ScheduleD/RevenueSubtotalAmt0814619
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FLI has adopted accounting principles related to accounting for uncertainty in income taxes. FLIs policy is to record a liability for any tax position taken that is beneficial to FLI, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Penalties and interest related to underpayment of income taxes are not recorded as income taxes but as penalties and interest expense. Management believes there are no such positions for either the current year or prior years and, according, no liability has been accrued.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015519
IRS990ScheduleD/TotalExpensesPerForm990Amt0774849
IRS990ScheduleD/TotalRevenuePerForm990Amt0814619
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0819569
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0779799
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt093
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt011
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt072417
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1642010
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Poverty eradication
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grant making
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt045563
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0Relief supplies seeds etc
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0Cash payment wire transfers
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt026854
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt0318
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0South Asia
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MedicalRelief assistance
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0Book
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt093
IRS990ScheduleF/SubtotalOfficesCnt011
IRS990ScheduleF/SubtotalSpentAmt0714427
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Grants or funds made available to organizations or individuals in Bangladesh are provided to meet very basic human needs including medical assistance, humanitarian relief, or economic education. Before funds or non-cash goods are disbursed, management reviews the needs presented and approve the distributions. Management monitors the aid activity with qualified field staff who keep appropriate documentation for each form of financial assistance disbursed.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1Total expenditures listed in column F are reported on the accrual basis of accounting.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2The number of recipients reported in column C was estimated based upon information kept at the field offices.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Use of grant monitoring procedures (Part I, line 2)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Method of accounting for expenditures (Part I, line 3, col f)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Number of recipients estimation explanation (Part III, col c)
IRS990ScheduleF/TotalEmployeeCnt093
IRS990ScheduleF/TotalOfficeCnt011
IRS990ScheduleF/TotalSpentAmt0714427
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors review FLIs Form 990 prior to its filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing board is charged with the responsibility of monitoring compliance with FLIs conflict of interest policy. Interested persons are required to disclose to the board any transaction that may be viewed as a potential conflict of interest. Board members that are not party to the transaction have a fiduciary responsibity to decide whether the transaction in question is a conflict of interest. Appropriate action is required if such a determination is made. A complete copy of the conflict of interest policy may be acquired by contacting the organizations business office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FLI makes its annual audited financial statements and other governing documents such as its articles of incorporation, by-laws, confict of interest policy, and other documents available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part I, line 1 continued:support its activities. FLI is organized exclusively for educational and charitable purposes. Its purposes include utilizing savings groups to help rural villagers rise out of poverty by providing financial economic teaching; by providing spoken English to villagers; and, by coordinating volunteer humanitarian efforts as may be dicated by global events.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/StatesWhereCopyOfReturnIsFldCd1MI
IRS990/StatesWhereCopyOfReturnIsFldCd2NY
IRS990/StatesWhereCopyOfReturnIsFldCd3OH
IRS990/StatesWhereCopyOfReturnIsFldCd4PA
IRS990/StatesWhereCopyOfReturnIsFldCd5VA
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0187833
IRS990/TotalAssetsGrp/BOYAmt0164652
IRS990/TotalAssetsGrp/EOYAmt0187833
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0813973
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02407
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058015
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0714427
IRS990/TotalFunctionalExpensesGrp/TotalAmt0774849
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017171
IRS990/TotalLiabilitiesEOYAmt0582
IRS990/TotalLiabilitiesGrp/BOYAmt017171
IRS990/TotalLiabilitiesGrp/EOYAmt0582
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0147481
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0187251
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0714427
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04001
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-3355
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0814619
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164652
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0187833
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05456
IRS990/TravelGrp/ProgramServicesAmt0128243
IRS990/TravelGrp/TotalAmt0133699
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0financialliteracyinternational.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Financial Literacy International Inc
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0473407325
ReturnHeader/Filer/InCareOfNm0% Tim Martin
ReturnHeader/Filer/USAddress/AddressLine1Txt08583 Woodbury Pike
ReturnHeader/Filer/USAddress/CityNm0Hollidaysburg

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