Community Improvement & Capacity Building
Poverty Solutions Inc
TORRANCE, CA
Total revenue
$3.8M
Total expenses
$628K
Net assets
$8.5M
Grants received
—
EIN
271916296
Tax year
2023
Mission
Poverty Solutions designs and deploys programs that empower lowincome to permanently escape poverty through financial capability training
Programs
2 programs
Assisted 45 low-income families with down-payment assistance and home improvement/rehabilitation loans; Facilitated 97 small business loans as follows: (a) 21 real-estate facilities loans; (b) 19 equipment-loans, (c) 27 business expansion loans including 17 healthy-food expansion into food deserts.
Financial Literacy Hosted 28 Empowerment & Economic Opportunities Workshops Served 17,380 low-income persons needing financial literacy training Homeownership education, and entrepreneurship development.
Financials
FY 2023
Revenue
Expenses
People
3 listed
FRANK I IGWEALOR
President and CEO
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MARTIN NWAEGE
Director
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AMBROSE O EGBUONU
Chairman
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