POVERTY SOLUTIONS INC CED CAPITAL
370 Amapola Ave Ste 200A, Torrance, CA 90501 povsol.com

Total Revenue
$2,592,697
Total Expenses
$622,767
Net Assets
$2,710,657

Organizations Filed Purposes: During the year ended 12/31/2018, Poverty Solutions (P-Solutions) successfully served 17,472 low-income persons needing financial education, and entrepreneurship development.

Poverty Solutions designs and deploys programs that empower lowincome to permanently escape poverty through financial capability training

Financial Literacy Workshops and Training During the twelve months ended 12/31/2019, Poverty Solutions successfully served 17,472 low-income persons needing financial educat EITC tax preparation, job-training, and guidance regarding self-employ Many business management class participants paid $0 training fee.

Homebuyer Education During the twelve months ended 12/31/2019, Poverty Solution HBE: Facilitated homebuyer education that benefited 1,961 low-income families through partner HUD certified Housing Counseling (2) Help 14 low-income adults to pass professional exams for IN-DEMAND (3) Helped 48 at-risk youths obtain GED and assisted 33 into college (4) Train 88 hard-to-employ persons to acquire job-skills and be place (5) Processed more than 109,562 phone/email inquiries from LIP Healthy-Path (Obesity Prevention): Provided healthy-living, nutritio and obesity-prevention, training, and guides to 12,650 youths

Entrepreneurship & Small Business Management Training During the twelve months ended 12/31/2019, Poverty Solutions trianed 474 entrepreneurs and assisted 128 small businesses with strategic plan Veterans Empowerment: (1) Assisted 164 veterans with business plan, entrepreneurship, finance/capital source, and start-up guide. Capacity Building Technical Assistance: (1) Assisted 73 nonprofits needing accounting, audit and other technic (2) Conducted 223 financial needs and technical capacity assessments (3) Assisted 128 small businesses with strategic planning; and (4) Conducted 982 bookkeeping and budget projections for qualified SB

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Frank I IgwealorPresident and CEO0$0
Martins NwaegeFinanceTreasurer0$0
Ambrose O EgbuonuGoverning Board Chair0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202011889349302416_public.xml