3rd Decade
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
3rd Decade meets the 20 Standards for Charity Accountability.
Stated Purpose:
To change financial furtures forever starting NOW.
Year, State Incorporated:
2019,
3rd Decade's mission is to change financial futures forever, starting now. We strive to help participants make simple changes in their financial behavior, create long-term financial goals, and equip them with the knowledge and tools needed to be successful in securing their financial futures. The 3rd Decade program is a two-year program composed of three core components: 10 hours of financial education, a 2-year relationship with one of our volunteer financial mentors, and a $250 contribution to a Roth IRA upon graduation. We serve young adults ages 18-35 with below to moderate incomes that have a commitment to beginning their financial success journey. Our program has grown to over 1,000 active participants across the country (36 states) with nearly 1,000 participants having graduated from the program.
For the year ended December 31, 2022, 3rd Decade's program expenses were:
| Program services | $818,023 |
| Total Program Expenses | $818,023 |
Chief Executive
Joe'mar Hooper, CEO
Chair of the Board
Robert Swift, Board Chairperson
Chair's Profession / Business Affiliation
TCI Wealth Advisors
Board Size
7
Paid Staff Size
10
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on 3rd Decade's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Foundation and private grants | $1,347,211 |
| Contributions | $818,871 |
| Donated materials and services | $77,947 |
| Total Income | $2,244,029 |
Programs: 74% Fundraising: 6% Administrative: 20%
| Total Income | $2,244,029 |
| Total expenses: | $1,111,075 |
| Program expenses | $818,023 |
| Fundraising expenses | $71,677 |
| Administrative expenses | $221,375 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,132,954 |
| Beginning Net Assets | $191,529 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,324,483 |
| Total Liabilities | $39,076 |
| Total Assets | $1,363,559 |
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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Southern Arizona