2025-05-06T09:09:34-07:00 2024-06-30 931017343 Bashar & Johnson PC 4905 SW Griffith Drive Suite 100 Beaverton OR 97005 990 2023-07-01 203530960 FINANCIAL BEGINNINGS FINA 8004061876 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 RONECCA NORVELL CEO 2025-05-06 true true ANWAR BASHAR CPA P00366402 5036434000 2023 2025-03-06 01:10:19Z RONECCA NORVELL 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 1249827 false X WWW.FINANCIALBEGINNINGS.ORG X 2005 OR FINANCIAL BEGINNINGS EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURE. 20 20 23 86 0 1629730 1079031 148020 64980 5145 28887 72693 66083 1855588 1238981 0 0 877876 1194504 3688 14508 297503 226337 344312 1107901 1553324 747687 -314343 892367 1230464 148250 216216 744117 1014248 FINANCIAL BEGINNINGS EMPOWERS YOUTH AND ADULTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURE. false false 1007178 FINANCIAL BEGINNINGS FULFILLS ITS MISSION BY PROVIDING FINANCIAL EDUCATION AND EMPOWERMENT OPPORTUNITIES. AS A NATIONAL NONPROFIT, FINANCIAL BEGINNINGS PROVIDES PROGRAMS TO LEARNERS ACROSS THE UNITED STATES.FINANCIAL BEGINNINGS INCREASES THE FINANCIAL CAPABILITY OF YOUTH AND ADULTS, WHICH ALLOWS THEM TO LIVE WITH LESS FINANCIAL UNCERTAINTY. OUR GOALS ARE TO INCREASE KNOWLEDGE AND CONFIDENCE AROUND PERSONAL FINANCE TOPICS TO HELP PEOPLE ACHIEVE THEIR PERSONAL GOALS SUCH AS HOME OWNERSHIP, HIGHER EDUCATION, AND SECURE RETIREMENT.FINANCIAL BEGINNINGS WORKS TO:- PROMOTE FINANCIAL WELLNESS BY TEACHING AND EMPOWERING INDIVIDUALS TO IMPROVE THEIR FINANCIAL HEALTH PROACTIVELY-ENHANCE FINANCIAL KNOWLEDGE, CONFIDENCE, AND RESILIENCY AMONG UNDERSERVED POPULATIONS.- SUPPORT INDIVIDUALS IN UNDERSTANDING, ACCESSING, AND PARTICIPATING IN FINANCIAL SERVICES. - PROVIDE AGE-APPROPRIATE FINANCIAL EDUCATION THAT MEETS OR EXCEEDS STATE-SPECIFIC STANDARDS. - CREATE COMMUNITIES THAT UNDERSTAND THE NEED FOR FINANCIAL EDUCATION, BUILDING PARTNERSHIPS THAT WORK COLLABORATIVELY TOWARDS INCREASED FINANCIAL LITERACY AND EMPOWERMENT. THESE GOALS ARE ACCOMPLISHED THROUGH FINANCIAL BEGINNINGS' MAIN PROGRAM, WHICH INCLUDES AGE-APPROPRIATE LESSONS FOR YOUTH IN GRADES K-12, AS WELL AS PROGRAMMING FOR COLLEGE STUDENTS AND ADULTS. PROGRAMS ARE PROVIDED IN PARTNERSHIP WITH SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. FINANCIAL BEGINNINGS HAS ALSO DEVELOPED ONLINE PROGRAMMING TO COMPLEMENT IN-PERSON LESSONS. 1007178 true true false false false false false false false true true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 13 0 true 23 true false false false false false false false 0 false false false false false false false X 20 20 true false false false false false false true true false false true true true true true true true false false OR X RONECCA NORVELL 8004061876 6443 SW BEAVERTON HILLSDALE HWY STE PORTLAND OR 97221 RONECCA NORVELL CEO 40.00 0.00 X 155752 0 6556 AMY THEUMA BOARD MEMBER 1.00 0.00 X 0 0 0 JAMESE BEAUFORD BOARD MEMBER 1.00 0.00 X 0 0 0 DONALD L BIELEN Treasurer 1.00 0.00 X X 0 0 0 KEN CALHOUN BOARD MEMBER 1.00 0.00 X 0 0 0 SEAN EDWARDS BOARD MEMBER 1.00 0.00 X 0 0 0 HOLLY FILES BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE FISHER Secretary 1.00 0.00 X X 0 0 0 JOE HERRLE BOARD MEMBER 1.00 0.00 X 0 0 0 FREWINE KIROS BOARD MEMBER 1.00 0.00 X 0 0 0 MARTHA MICKELSON BOARD MEMBER 1.00 0.00 X 0 0 0 LOGWONE WARRIOR MITZ BOARD MEMBER 1.00 0.00 X 0 0 0 AMANDA LANG BOARD MEMBER 1.00 0.00 X 0 0 0 HEIDI SEXTON BOARD MEMBER 1.00 0.00 X 0 0 0 TOM SOMA CHAIR 1.00 0.00 X X 0 0 0 JOHN STIREK BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN STIREK SR BOARD MEMBER 1.00 0.00 X 0 0 0 JEFF STRICKLER BOARD MEMBER 1.00 0.00 X 0 0 0 DUNCAN TAYLOR BOARD MEMBER 1.00 0.00 X 0 0 0 MARC WRIGHT BOARD MEMBER 1.00 0.00 X 0 0 0 BRIDGET BANZ BOARD MEMBER 1.00 0.00 X 0 0 0 155752 6556 1 false true false 0 68300 1010731 1079031 LICENSING OF CURRICULUM 611710 64980 64980 64980 28887 28887 0 0 0 0 0 0 11929 10846 1083 1083 EMPLOYEE RETENTION CREDITS 900099 65000 65000 65000 1238981 131063 28887 0 0 0 0 225478 137410 43397 44671 0 773545 581163 42005 150377 0 117712 74621 9755 33336 77769 50595 5315 21859 0 8422 8422 51677 51677 0 14508 14508 0 72268 9732 62536 1801 497 257 1047 39926 15948 6282 17696 0 0 26778 15191 5794 5793 16835 4770 9146 2919 0 0 0 0 0 7257 4226 2727 304 PROGRAM EXPENSES 81803 81685 118 COST OF MATERIALS 20427 20427 COMMUNICATIONS 17118 10913 1330 4875 0 1553324 1007178 248643 297503 826096 452964 0 0 398516 164027 0 0 0 0 3594 4432 1595 1595 0 0 0 0 0 37293 235909 892367 1230464 109365 158764 38885 57452 148250 216216 X 397261 773626 346856 240622 744117 1014248 892367 1230464 X -314343 584474 X false true X true false X 75776 192817 230416 391230 679542 1569781 0 0 75776 192817 230416 391230 679542 1569781 611690 958091 5896 409 49 5145 28887 40386 0 0 1610167 0.59500 0.59580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91983 13677 105660 1.00000 false false false 1595 1595 Empoyee retention credits receivable 76962 Operating Lease Right of Use Asset 51981 235909 Lease liability 57452 57452 1262237 12410 10846 23256 1238981 1238981 1576580 12410 10846 23256 1553324 1553324 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COGS MATERIAL $10846 Part XII, Line 2d: Other expenses and losses per audited F/S COGS MATERIAL $10846 false false false false false false false false false RONECCA NORVELL CEO 155752 155752 Form 990, Part VI, Section A, Line 2 JOHN STIREK AND JOHN STIREK - FAMILY RELATIONSHIP. TOM SOMA AND JOHN STIREK - BUSINESS RELATIONSHIP. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS FIRST REVIEWED BY THE FINANCE COMMITTEE AND THEN THE TREASURER PRESENTS TO THE BOARD FOR REVIEW SUBMITTING. Form 990, Part VI, Section B, Line 12c BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO DISCLOSE ANY OR NO CONFLICTS. Form 990, Part VI, Section B, Line 15a THE BOARD CHAIR LEADS THE PROCESS OF EVALUATING THE CEO. THE CHAIR SOLICITS INPUT FROM THE BOARD TO WRITE A FORMAL REVIEW FOR THE CEO. THE BOARD APPROVES THE REVIEW AND ANY SALARY OR BONUSES. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S ANNUAL REPORTS ARE AVAILABLE ON OUR WEBSITE. OTHER DOCUMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 FUND BALANCE TRANSFER FROM FINANCIAL BEGINNINGS OREGON = $278721 Form 990, Part XI, Line 9 FUND BALANCE TRANSFER FROM FINANCIAL BEGINNINGS WASHINGTON = $305753 FINANCIAL BEGINNINGS OREGON 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 814643539 FINANCIAL LITERACY OR 501(C)3 7 NA false FINANCIAL BEGINNINGS WASHINGTON 6443 SW BEAVERTON HILLSDALE HWY 430 PORTLAND OR 97221 814631680 FINANCIAL LITERACY WA 501(C)3 7 NA false false false false false false false false false false false false false false false false false false false true FINANCIAL BEGINNINGS OREGON s 278721 MARKET FINANCIAL BEGINNINGS WASHINGTON s 305753 MARKET SCHEDULE R, PART V, LINES 1 AND 2 IN APRIL 2024, THE ORGANIZATION AND ITS RELATED ENTITIES, FINANCIAL BEGINNINGS OREGON AND FINANCIAL BEGINNINGS WASHINGTON, COMPLETED AN ACQUISITION TO UNIFY THE ENTITIES AND PROGRAM ACTIVITIES INTO ONE ORGANIZATION. THE FOLLOWING IS A SUMMARY OF THE AMOUNTS RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION OF THE ORGANIZATION AS OF THE DATE OF THE ACQUISITION: FINANCIAL BEGINNINGS FINANCIAL BEGINNINGS OREGON WASHINGTON TOTALCASH 31,513 269,889 301,402INVESTMENTS 287,037 37,377 324,414ROU ASSETS 41,277 - 41,277OTHER ASSETS 2,542 104 2,646TOTAL ASSETS 362,369 307,370 669,739ACCOUNTS PAYABLE 23,023 1,133 24,156ACCCRUED EXPENSES 15,170 484 15,654LEASE LIABILITIES 45,455 - 45,455TOTAL LIABILITIES 83,648 1,617 85,265NET ASSETS WITHOUTDONOR RESTRICTIONS 232,688 297,420 530,108NET ASSETS WITHDONOR RESTRICTIONS 46,033 8,333 54,366TOTAL NET ASSETS 278,721 305,753 584,474TOTAL LIABILITIESAND NET ASSETS 362,369 307,370 669,739