Financial Education Institute

Nonprofit profile at a glance

EIN
472817808
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
San Antonio, TX, USA
Phone
2107023963
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Financial Counseling

Reported finances

Revenue
$400
Expenses
$346
Assets
$7,382

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • LOGAN DIETEL (DIRECTOR)
  • JAY HOWARD (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We facilitate the instruction of financial education courses for adults in our community through the public (municipally funded) school districts' adult & community education programs. Our courses offer only financial education & information without any mention of any financial company's products or services. Our goal is to help people become more financially literate, to take charge of their financial household, and understand the steps necessary to avoid running out of money in retirement.

What it reported doing in 2024

The organization provides financial education courses to those in need.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 86
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.5%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 21.34; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -28.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -8.3% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 27.8% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $346 in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.