Our Impact
Impact of the Program
In 2024, Qualitas of Life Foundation reached 7,839 families, indirectly impacting 40,909 individuals through our programming. We delivered 228 public education activities, conducted 206 one-on-one sessions, and maintained 106 strategic partnerships to enhance our outreach and effectiveness.
Program Results
Financial Education Course
After completing the course:
98% feel more confident making financial decisions.
97% are committed to improving how financial decisions are made in their households.
93% feel better prepared to begin building credit through a financial institution.
92% now understand the difference between banks and credit unions.
92% feel more confident choosing the right financial service and provider.
91% started conversations about money at home.
83% feel prepared to detect and prevent financial fraud.
83% learned the SMART goal-setting method and are eager to use it.
78% created a budget using course tools.
79% plan to obtain insurance for financial security; 48% would start with life insurance.
Additional mid-term outcomes:
Over 60% of participants begin creating monthly budgets after learning how to do so.
More than 90% begin saving.Over half of participants increase their savings.
Over 80% reduce their debt.
More than 35% improve their credit history.
Nearly 90% set a clear, measurable, and achievable financial goal.
100% of participants set goals during the course.
Over half of participants return for additional financial education.
From previous evaluations:
9 out of 10 participants established a SMART financial goal and created a budget.
8 out of 10 increased their financial knowledge.
10 out of 10 improved their confidence in managing their finances.
Entrepreneurship Course
After completing the course:
94% have a clear idea of how to start a business.
95% feel prepared to manage licenses and permits.
86% feel more prepared to access credit services.
65% plan to launch their business within one year.
63% set pricing for their products or services.
10% have developed their business plan.
From past impact data, 50% had completed their business plan after the course.
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60%
Over 60% begin creating monthly budgets after learning how
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90%
More than 90% begin saving
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80%
Over 80% reduce their debt
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50%
Over half of participants increase their savings
Since 2007, Qualitas of Life has provided financial education to more than 40,000 families, impacting around 190,000 people. Over the past 17 years, Qualitas of Life has evolved from a small volunteer-run organization to a well-respected and sought-out nonprofit community partner.
In order to reach the broad and diverse Hispanic community, we have expanded into New York, including all five boroughs, New Jersey, Vermont, Massachusetts, and Connecticut.
We have created over 100 community-based alliances with organizations, government agencies, consulates, financial institutions, and media outlets in New York, New Jersey, Connecticut, Pennsylvania, Washington D.C., and California to better reach the Hispanic community.
