Organizations Filed Purposes:
THE FINANCIAL CLINIC'S MISSION IS TO BUILD WORKING POOR PEOPLE'S FINANCIAL SECURITY THROUGH AN ECOSYSTEM OF STRATEGIES THAT INCLUDES DIRECT SERVICE, CAPACITY BUILDING WITH OTHER NONPROFITS AND SYSTEMS-LEVEL SOLUTIONS AND SOCIAL INNOVATIONS TO CREATE LASTING CHANGE. THE CLINICS VISION IS FOR THE UNITED STATES TO BE A NATION WHERE EVERYONE IS FINANCIALLY SECURE. THE CLINICS CURRENT SIGNIFICANT OBJECTIVE IS TO BUILD FINANCIAL SECURITY FOR 1 MILLION PEOPLE BY THE YEAR 2020. THE STRATEGIES EMPLOYED TO ACHIEVE THIS OBJECTIVE INCLUDE DIRECT FINANCIAL COACHING SERVICES, TRAINING AND TECHNICAL ASSISTANCE FOR NONPROFIT PARTNERS, AND RESEARCH AND POLICY WORK TO DRIVE LASTING CHANGE.
THE CLINIC'S VISION IS FOR THE UNITED STATES TO BE A NATION WHERE EVERYONE IS FINANCIALLY SECURE.
ECOSYSTEMS - IN 2016, THE CLINIC LAUNCHED THE FINANCIAL SECURITY ECOSYSTEM INITIATIVE ("ECOSYSTEM"), A HOLISTIC PARTNERSHIP APPROACH THAT BUILDS FINANCIAL SECURITY FOR LMI AMERICANS AT SCALE. IN AN ECOSYSTEM, THE CLINIC ENGAGES A SUBSET OF REGIONAL- OR SECTOR-BASED NONPROFITS IN A TIME-LIMITED ENGAGEMENT, AND APPLIES ITS COMPLETE BUNDLE OF PRODUCTS AND SERVICES, INCLUDING TRAINING AND TECHNICAL ASSISTANCE FOR FRONTLINE STAFF AND LEADERSHIP, DIRECT ACCESS TO A SEASONED FINANCIAL COACH, AND DATA EVALUATION SUPPORT TO PROMOTE POLICY SOLUTIONS AND SYSTEMIC CHANGE.
PRODUCT DEVELOPMENT - RECOGNIZING TECHNOLOGY AS A KEY COMPONENT TO SCALING FINANCIAL LITERACY, THE CLINIC DEVELOPED CHANGE MACHINE, ITS REVOLUTIONARY CLOUD-BASED PLATFORM, WHICH OPERATES AS A B2B2C SOFTWARE AS A SERVICE (SAAS) SOCIAL ENTERPRISE. CHANGE MACHINE PROVIDES A SINGLE PLATFORM WHERE PRACTITIONERS CAN LEARN BEST FINANCIAL COACHING PRACTICES; ACCESS TOOLS AND WORKSHEETS; AND PARTICIPATE IN A PROFESSIONAL SOCIAL NETWORK SPECIFICALLY DESIGNED FOR THE FIELD TO SHARE BEST PRACTICES. BUILT BY PRACTITIONERS FOR PRACTITIONERS, CHANGE MACHINE PROVIDES A ONE-STOP SHOP FOR EFFECTIVE RESOURCES PRACTITIONERS CAN USE TO ADDRESS THEIR CUSTOMERS' UNDERLYING FINANCIAL INSECURITY SINCE ITS LAUNCH IN 2015, THE CHANGE MACHINE PLATFORM HAS BECOME A NATIONALLY RECOGNIZED VEHICLE FOR DELIVERING FINANCIAL LITERACY AND BUILDING CUSTOMER ASSETS. TODAY, OVER 500 ORGANIZATIONS ACTIVELY USE CHANGE MACHINE TO BUILD THE FINANCIAL SECURITY OF THEIR CUSTOMERS, WITH MORE THAN 3,000 PRACTITIONERS TRAINED ON THE PLATFORM TO DATE.
CAPACITY BUILDING - THE CLINIC'S BUSINESS-TO-BUSINESS CONSULTING SERVICES ARE DESIGNED TO BUILD CAPACITY AT ORGANIZATIONS THAT WORK WITH LOW-INCOME PEOPLE LOCALLY AND NATIONALLY. THE CLINIC PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO BUILD FINANCIAL SECURITY STRATEGIES INTO THE DAILY INTERACTIONS OF FRONTLINE STAFF AT PARTNER ORGANIZATIONS. THIS INCLUDES TRAINING FOR FRONTLINE STAFF TO EFFECTIVELY ENGAGE THEIR CUSTOMERS IN CONVERSATIONS ABOUT PERSONAL FINANCE, AS WELL AS SUPPORT FOR LEADERSHIP TO FULLY IMPLEMENT AN INTEGRATED APPROACH TO FINANCIAL SECURITY SERVICES WITHIN THEIR PROGRAMS AND ORGANIZATIONS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Mae Watson Grote | FOUNDER AND CEO | 40 | $212,244 |
| Haidee Cabusora | CHIEF PROGRAM OFFICER | 40 | $175,515 |
| Kate Reeves | CHIEF BUSINESS DEVELOPMENT OFFICER | 40 | $104,379 |
| Fred Wherry | DIRECTOR | 1 | $0 |
| David Heafitz | DIRECTOR | 1 | $0 |
| Derek Dorn | DIRECTOR | 1 | $0 |
| Amanda Norton | DIRECTOR | 1 | $0 |
| Ida Rademacher | DIRECTOR | 1 | $0 |
| T Baker Smith | DIRECTOR | 1 | $0 |
| Risa Freedman | DIRECTOR | 1 | $0 |
| Deena Coffman Thru June 2019 | SECRETARY | 1 | $0 |
| Martin Franken Thru June 2019 | PAST TREASURER | 1 | $0 |
| Andy Tuckett | TREASURER | 1 | $0 |
| Michael Beck | VICE CHAIR | 1 | $0 |
| Marc Khouzami | CHAIR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202042129349301219_public.xml