Daffy

Qualitas of Life Foundation

Qualitas of Life Foundation

New York, NY 10020
Tax ID06-1833489

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About this organization

Revenue

$559,068

Expenses

$529,601

Mission

Qualitas of Life Foundation is a non-profit organization that provides basic financial education to Hispanic individuals and their families in order to foster their financial security and improve their standard of living. Qualitas currently works with other community-based organizations situated in New York, New Jersey, Connecticut, Vermont, New Hampshire, Rhode Island and Massachusetts to offer basic financial education workshops to the Hispanic community. Our workshops offer the skills necessary for financial family planning and personal planning; financial goals; making better financial decisions and navigating the financial system in order to better understand the services that can be accessed. Our workshops are free, bilingual and easy to understand for all our participants.

About

The organization helps Hispanic individuals and families by providing instruction and educational workshops on personal finances and how to access different financial institutions. Through these workshops, participants are able to use the available resources to improve their personal finances and provide more opportunities for their families. What makes the program unique is the way in which trust-building, self-empowerment and community-building elements have been strategically embedded into the curriculum. The main objective of the organization is for each student to understand their financial situation, establish a clear financial goal and acquire the knowledge and develop the skills and habits required to achieve it.

Interesting data from their 2019 990 filing

The filing reveals the mission of the non-profit as “The organization serves hispanic individuals by providing instruction on personal finances and how to access the financial system.”.

When detailing its functions, they were listed as: “The organization helps hispanic individuals and families in providing instruction and educational workshops on personal finances and how to access different financial institutions. through these workshops, participants are able to use the available resources to improve their personal finances and provide more opportunities for their families. what makes the program unique is the way in which trust-building, self-empowerment and community-building elements have been strategically embedded into the curriculum. the main objective of the organization is for each student to understand their financial situation, establish a clear financial goal and acquire the knowledge and develop the skills and habits required to achieve it.”.

  • According to the law, the state where the non-profit operates has been reported as NY.
  • The filing specifies that the non-profit's address in 2019 was 1221 AVE OF THE AMERICAS NO 43241H, NEW YORK, NY, 10020.
  • As of 2019, the non-profit's form shows they have a total of 28 employees.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $29,467.
  • The organization has 11 independent voting members.
  • The organization was formed in 2007.
  • The organization pays $346,584 in salary, compensation, and benefits to its employees.
  • The organization pays $183,377 in fundraising expenses.