Civic Intelligence

Financial Literacy First

990EZ • Fiscal year 2023 • EIN 81-4482536

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 15, 2024

Organization Profilewww.FinancialLiteracyFirst.org
7350 E Progress Place STE 100Englewood, CO 80111

(831) 883-9395

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

8.31x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.18x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-10%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-86%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-58%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,540

Down $9,460 (-86%) from 2022

Net Assets

Down

-$11,250

Down $11,250 from 2022

Liabilities

Up

$12,790

Up $1,790 (+16%) from 2022

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin27th percentile

Revenue

Down

$10,845

Down $14,923 (-58%) from 2022

Expenses

Down

$11,931

Down $13,513 (-53%) from 2022

Net Income

Down

-$1,086

Down $1,410 (-435%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0-$10K-$20KAssets 2018: $3,160Liabilities 2018: $02018Assets 2019: $1,732Liabilities 2019: $02019Assets 2020: $1,300Liabilities 2020: $6,1602020Assets 2021: $11,000Liabilities 2021: $11,000Net Assets 2021: $02021Assets 2022: $11,000Liabilities 2022: $11,000Net Assets 2022: $02022Assets 2023: $1,540Liabilities 2023: $12,790Net Assets 2023: -$11,2502023Assets 2024: $26,161Liabilities 2024: $0Net Assets 2024: $26,1612024

Highlighted filing

2023

Assets$1,540
Liabilities$12,790
Net Assets-$11,250
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2018: $3,160Expenses 2018: $1,960Net Income 2018: $1,2002018Revenue 2019: $4,353Expenses 2019: $5,533Net Income 2019: -$1,1802019Revenue 2020: $6,999Expenses 2020: $9,104Net Income 2020: -$2,1052020Revenue 2021: $11,723Expenses 2021: $11,723Net Income 2021: $02021Revenue 2022: $25,768Expenses 2022: $25,444Net Income 2022: $3242022Revenue 2023: $10,845Expenses 2023: $11,931Net Income 2023: -$1,0862023Revenue 2024: $74,511Expenses 2024: $37,100Net Income 2024: $37,4112024

Highlighted filing

2023

Revenue$10,845
Expenses$11,931
Net Income-$1,086
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 15, 2024
Return Version
2023v5.0
Gross Receipts
$10,845
Mission and Program Overview

Mission

To economically empower people, especially at risk youth, to make better life decision.

To educate youth with financial literacy

Program Services

DescriptionGrantsExpenses
Educated 200 youth with our Financial IQ Classes which taught them how to budget, save, understand credit, and solve financial issues.-$762
Educated 100 young and older adults with our Power Hours which taught them how to budget, save, understand credit, cryptocurrency, and basic investing.-$456
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carla M VaughnExecutive DirectorPT$0--
Corey SanchezDirector Of Community RelationsPT$0--
David GibsonDirector Of Accounting-$0--
Gary GilliardDirector Of Operations-$0--
Filing and Contact Details

Filer

Filer Name
Financial Literacy First
EIN
81-4482536
Address
7350 E Progress Place STE 100, Englewood, CO 80111

Signing Officer

Name
Carla M Vaughn
Title
Executive Direc
Phone
7208626530
Signed
2024-03-15
Discuss with paid preparer
Yes

Preparer

Firm
BFMS Inc
Address
18121 E Hampden Ave Ste C 183, Aurora, CO 80013
Preparer
Carla M Vaughn
Phone
7203292999
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising 1,243Bank Charges & Merchant Service Fee 580Class Books & Materials 493Membership Dues & Subscriptions 2,723Event Materials & Expenses 178Fundraising Expenses 265Meals for Teachers/Volunteers 280Office Supplies & Software 1,534Volunteer & Teacher Training Expens 279Networking, SOS fee & Misc Expenses 564”

Description of other assets Part II line 24

“Category Beginning of Year End of YearCamera & Video Equipment 1,300 1,450”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearBusiness Loan 1,200 3,790SBA Loan 11,100 9,000”

Raw XML Appendix143 raw XML fields

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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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0836
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-10164
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-11250
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-10164
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Carla M Vaughn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Corey Sanchez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Gibson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Gary Gilliard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director of Community Relations
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director of Accounting
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director of Operations
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01300
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01450
IRS990EZ/OtherExpensesTotalAmt08139
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To educate youth with financial literacy
IRS990EZ/PrintingPublicationsPostageAmt06
IRS990EZ/ProgramServiceRevenueAmt03700
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educated 200 youth with our Financial IQ Classes which taught them how to budget, save, understand credit, and solve financial issues.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Educated 100 young and older adults with our Power Hours which taught them how to budget, save, understand credit, cryptocurrency, and basic investing.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0762
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1456
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01176
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012300
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012790
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IRS990EZ/TotalExpensesAmt011931
IRS990EZ/TotalProgramServiceExpensesAmt01218
IRS990EZ/TotalRevenueAmt010845
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.FinancialLiteracyFirst.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07145
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03700
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt010845
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010845
IRS990ScheduleA/Total509Grp/TotalAmt010845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010845
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising 1,243Bank Charges & Merchant Service Fee 580Class Books & Materials 493Membership Dues & Subscriptions 2,723Event Materials & Expenses 178Fundraising Expenses 265Meals for Teachers/Volunteers 280Office Supplies & Software 1,534Volunteer & Teacher Training Expens 279Networking, SOS fee & Misc Expenses 564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearCamera & Video Equipment 1,300 1,450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearBusiness Loan 1,200 3,790SBA Loan 11,100 9,000
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Carla M Vaughn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07208626530
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Financial Literacy First
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0814482536
ReturnHeader/Filer/USAddress/AddressLine1Txt07350 E Progress Place STE 100
ReturnHeader/Filer/USAddress/CityNm0Englewood
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463794942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BFMS Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018121 E Hampden Ave Ste C 183
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Aurora
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080013
ReturnHeader/PreparerPersonGrp/PhoneNum07203292999
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carla M Vaughn
ReturnHeader/ReturnTs02024-03-25T10:03:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Carla
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Vaughn
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,540
Liabilities
$12,790
Net assets
-$11,250
Revenue
$10,845
Expenses
$11,931
Net income
-$1,086
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.2$0.00$26.2$74.5$37.1$37.4
2023Detailed filing. Detailed filing data is available for this year.$1.54$12.8$11.3$10.8$11.9$1.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$11.0$0.00$25.8$25.4$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$11.0$0.00$11.7$11.7$0.00
2020Summary only. Only limited summary data is available for this year.$1.30$6.16$7.00$9.10$2.11
2019Summary only. Only limited summary data is available for this year.$1.73$0.00$4.35$5.53$1.18
2018Summary only. Only limited summary data is available for this year.$3.16$0.00$3.16$1.96$1.20