2025-04-21T20:58:17-04:00 2024-12-31 570772152 PAYNE WHITE AND SCHMUTZ CPA PA 114 WN 1ST STREET SENECA SC 29678 990 2024-01-01 473407325 Financial Literacy International Inc % Tim Martin FINA 8583 Woodbury Pike Hollidaysburg PA 16648 TIM MARTIN President 2025-04-21 true true MARK A PAYNE CPA P00057582 8648821937 2025-04-21 2024 2025-03-06 01:10:19Z 814619 false X financialliteracyinternational.org X 2015 PA FLI is a non-profit organization which seeks to eradicate chronic poverty and introduce education to the underprivileged citizens of developing countries, with an emphasis on Bangladesh. FLI provides its services without charge, and it relies on contributions from donors to 5 5 2 18 0 0 730378 813973 0 741 4001 -2689 -3355 728430 814619 14578 72417 0 250177 275896 0 2407 386666 426536 651421 774849 77009 39770 164652 187833 17171 582 147481 187251 FLI is a non-profit organization which seeks to eradicate chronic poverty and introduce education to the underprivileged citizens of developing countries, with an emphasis on Bangladesh. FLI provides its services without charge, and it relies on contributions from donors to false false 276985 FLI oversees the operation of a medical clinic located near a large Rohingya refugee camp in Bangladesh. Quality medical services are provided to those in need of treatment for various physical conditions. The clinic has a pharmacy which dispenses needed medicines. The clinic treats thousands of patients each year. 265998 SALT program - FLI operates a micro-finance program which concentrates on establishing savings groups in rural areas of Bangladesh. These groups help villagers rise out of poverty by providing financial economic teaching. FLI had several hundred savings groups with thousands of participants during the year. The program also encompasses teaching good agriculture practices to improve crop yields. 171444 72417 Mission projects - FLI conducts various projects throughout the year. Projects include literature distribution, medical assistance, teaching English as a second language, and humanitarian efforts designed to provide for basic human needs. 714427 true true false false false false false false false false true false false false false true true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 2 true false true BG false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true false false false false MD MI NY OH PA VA X Clyde Zimmerman 8143296404 8583 Woodbury Pike Hollidaysburg PA 16648 X Keith Sensenig At large 2.00 0.00 X 0 0 0 Arnold Eby At large 2.00 0.00 X 0 0 0 Tim Martin President 2.00 0.00 X X 0 0 0 Lamar Rosenberry Secretary 2.00 0.00 X X 0 0 0 Clyde Zimmerman Treasurer 3.20 0.00 X X 0 0 0 0 0 0 0 false false false 813973 813973 4001 4001 0 Foreign exchange gl 900099 -3355 -3355 -3355 814619 -3355 0 4001 72417 72417 3625 3625 271405 235904 35501 866 866 9350 9350 14075 13167 908 25918 21852 2567 1499 2032 2032 72346 72346 133699 128243 5456 5810 5810 1 1 466 466 650 650 Medicinemedical supplies 123577 123577 Other field supplies 38282 38282 330 330 774849 714427 58015 2407 51412 84033 80741 73282 16515 11276 18623 3104 15984 15519 3723 164652 187833 17171 582 17171 582 X 104614 126536 42867 60715 147481 187251 164652 187833 39770 0 X false true X false false X 622780 704149 699588 730378 813973 3570868 622780 704149 699588 730378 813973 3570868 3570868 741 4001 4742 3575610 0.99870 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18623 3104 15519 15519 X 819569 4950 4950 814619 814619 779799 4950 4950 774849 774849 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) FLI has adopted accounting principles related to accounting for uncertainty in income taxes. FLIs policy is to record a liability for any tax position taken that is beneficial to FLI, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Penalties and interest related to underpayment of income taxes are not recorded as income taxes but as penalties and interest expense. Management believes there are no such positions for either the current year or prior years and, according, no liability has been accrued. true South Asia Grant making 72417 South Asia 11 93 Program services Poverty eradication 642010 11 93 11 93 714427 714427 MedicalRelief assistance South Asia 318 45563 Cash payment wire transfers 26854 Relief supplies seeds etc Book false false false false false false Use of grant monitoring procedures (Part I, line 2) Grants or funds made available to organizations or individuals in Bangladesh are provided to meet very basic human needs including medical assistance, humanitarian relief, or economic education. Before funds or non-cash goods are disbursed, management reviews the needs presented and approve the distributions. Management monitors the aid activity with qualified field staff who keep appropriate documentation for each form of financial assistance disbursed. Method of accounting for expenditures (Part I, line 3, col f) Total expenditures listed in column F are reported on the accrual basis of accounting. Number of recipients estimation explanation (Part III, col c) The number of recipients reported in column C was estimated based upon information kept at the field offices. Form 990 governing body review Part VI line 11 The board of directors review FLIs Form 990 prior to its filing with the IRS. Conflict of interest policy compliance Part VI line 12c The governing board is charged with the responsibility of monitoring compliance with FLIs conflict of interest policy. Interested persons are required to disclose to the board any transaction that may be viewed as a potential conflict of interest. Board members that are not party to the transaction have a fiduciary responsibity to decide whether the transaction in question is a conflict of interest. Appropriate action is required if such a determination is made. A complete copy of the conflict of interest policy may be acquired by contacting the organizations business office. Governing documents etc available to public Part VI line 19 FLI makes its annual audited financial statements and other governing documents such as its articles of incorporation, by-laws, confict of interest policy, and other documents available upon request. General explanation attachment Part I, line 1 continued:support its activities. FLI is organized exclusively for educational and charitable purposes. Its purposes include utilizing savings groups to help rural villagers rise out of poverty by providing financial economic teaching; by providing spoken English to villagers; and, by coordinating volunteer humanitarian efforts as may be dicated by global events.