CENTER ON BUSINESS AND POVERTY INC

As filed

Subsection

03

NTEE code

B60

Classification

1200

Street

2118 SOUTHERN PRESERVE LN

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• Financial Literacy: We are working to develop financial literacy training for low-income individuals who will watch animated videos on financial topics and afterwards take a simple eight item survey the PFW Scale to measure their learning progress. We have already designed several modules on key financial topics. This program will be made available to employers and organizations were interested in training their employees or members on ways to improve their financial situation. We hope to have this program fully developed and tested by the August of 2024 and begin using it in the fall. The PFW Scale is a reliable measurement of perceived financial distress financial well-being. It provides the user with a score which has been scientifically determined to be a valid and reliable measure of one's perceived personal financial wellness as well as measure for employees learning progress during the financial literacy programs. A recent multinational study of the validation and measurement of The PFW Scale was conducted in 7 different countries and as a result the scale is now available in 6 different languages: Dutch English Italian German Slovenian and Spanish.

  Expenses $66,391 · Revenue $61,062

• Employee OwnershipCenter on Business and Poverty works to organize the International Oxford Symposium on Employee Ownership. 2023 was the second year that the symposium has taken place. The aim is to bring together individuals and organizations active in employee ownership from across the world to share ideas and learning. The number of nations represented was impressive: there were at least 20 countries attending including Australia Japan Denmark Slovenia Canada the UK and the US. It was fascinating to hear the different environments in operation. Canada has recently passed legislation to introduce a form of Employee Ownership Trust EOT but their model will not benefit from the same tax advantages as we do in the US. Australia has had one company adopt the EOT which has generated some interest but no tax incentives and little progress. Many countries do have wide adoption of share schemes particularly within their larger businesses but these are often viewed as a form of remuneration rather than as an ownership stake for employees. The event was an energizing experience. Most came away pleased at what has been achieved but with a strong feeling that we can't allow ourselves to become complacent. We could be doing a lot better. There remains a general lack of awareness of employee ownership models and too many business owners find out by chance sometimes too late.

  Expenses $136,393 · Revenue $145,328

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $254,252

  Expenses

  $263,854

  Contributions

  $254,252

  Grants paid

  $0

• 2022

  Revenue

  $85,277

  Expenses

  $196,375

  Contributions

  $83,600

  Grants paid

  — not reported

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990-EZ

  Revenue

  $20,310

  Expenses

  $4,442

  Assets (EOY)

  $18,413

• 2020 · 990-EZ

  Revenue

  $87,945

  Expenses

  $150,160

  Assets (EOY)

  $2,545

• 2012 · 990-EZ

  Revenue

  $76,780

  Expenses

  $100,674

  Assets (EOY)

  $7,710

• 2011 · 990-EZ

  Revenue

  $32,234

  Expenses

  $71,055

  Assets (EOY)

  $31,604

• 2010 · 990-EZ

  Revenue

  $71,571

  Expenses

  $78,201

  Assets (EOY)

  $50,129

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• HOUSING MINISTRIES OF AMERICAN BAPTISTS IN WISCONSIN CORPORATION

  $20,000

  2024 · PROMOTE BUSINESS IN WISCONSIN

• HOUSING MINISTRIES OF AMERICAN BAPTISTS IN WISCONSIN CORPORATION

  $20,000

  2023 · PROMOTE BUSINESS IN WISCONSIN

Other IRS files