Mission
TO PROVIDE FREE FINANCIAL EDUCATIONAL RESOURCES TO THE PUBLIC AND AS A RESULT OF THIS TO HELP INDIVIDUALS BECOME MORE FISCALLY FIT BY UNDERSTANDING FINANCIAL PITFALLS THAT THEY MAY ENCOUNTER IN THEIR EVERYDAY LIVES.
Public Charity
INSTITUTE FOR FINANCIAL AWARENESS INC
INSTITUTE FOR FINANCIAL AWARENESS INC is a Public Charity headquartered in GAITHERSBURG, MD. Financial data from the 2025 filing: $14K revenue, $8K expenses, $913 total assets.
EIN: 352603353
GAITHERSBURG, MD
Educational Services
NTEE: B90
Latest filing: 2025
Total Revenue$14K
Total Expenses$8K
Total Assets$913
Grant Records0
Filing Years2019–2025
Where $100 goes at Institute for Financial Awareness Inc
How Institute for Financial Awareness Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$50
The foundation is planning to educate employees of various organizations on financial pitfalls that they may encounter in their lives and provide them with resourses that can help…
$50
The foundation is planning to educate employees of various organizations on financial pitfalls that they may encounter in their lives and provide them with resourses that can help…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Eric J Sebold
DIRECTOR
Laliana G Herman
CEO
Nicholas F Herman
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14K | $8K | $913 |
| 2024 | $3K | $11K | $4K |
| 2023 | $1K | $19K | $13K |
| 2020 | $24K | $5K | $21K |
| 2019 | $7K | $5K | $2K |
Between 2019 and 2025, reported annual revenue grew from $7K to $14K (+98%), with total assets most recently reported at $913.
Interactive year-over-year charts and full filing details available with membership.