International Profit Associates Employee Volunteers For Operation Hope

Contact:
Jennifer Cumbee
International Profit Associates
847-808-5590
Jennifer.Cumbee@ipa-iba.com

Buffalo Grove, Ill. (June 20, 2006) - International Profit Associates (IPA-IBA) employee, Marcy Soskin, recently spoke with and taught a group of students gathered from local schools as part of Operation HOPE’s Banking On Our Future (BOOF) program.

The program provides financial education for students ages 9-18 at no cost to school districts. Soskin, along with 22 other International Profit Associates employees, are currently engaged in a volunteer process which involves furthering students’ financial educations. IPA volunteers will be instructing Lake County youth for one hour, four times per month.

"It was one of my most rewarding experiences," said Soskin. "I never realized that children were not taught the very basics of banking and budgeting in school. They were unaware of services banks offer, how to earn interest or even how to calculate personal budgets. I taught them how to understand a paycheck, how to ensure the correct amount of taxes were deducted and how to account for insurance costs. I only wish I had more time to teach them."

The BOOF program consists of four modules: (1) Basics of Banking and Financial Services; (2) Checking and Savings Accounts; (3) The Power of Credit; and (4) Basic Investments. Soskin, along with her fellow Operation HOPE Corp. volunteers, are in training to break down their knowledge of banking and credit into terms youth can understand and utilize. During the next few months, the volunteers will continue to meet with Operation HOPE and Bill Robinson, the program manager and trainer for the Chicago metro area.

Operation HOPE, Inc. (OHI) is a non-profit, public benefit organization. OHI was founded immediately following the civil conflict that took place in Los Angeles April 19, 1992. One of OHI’s goals is to serve as a bridge between mainstream and minority communities by promoting the development of inner-city and under-served communities. Through numerous public/private partnerships and strategic alliances, OHI has developed various programs like BOOF which seek to connect the minority community with mainstream, private sector resources. For more information please visit www.operationhope.org.

International Profit Associates, Inc. (IPA-IBA), the largest privately held management consulting and professional services firm for small and medium size businesses in North America, is a leading authority on small business. With more than $250,000,000 in annual revenues, IPA-IBA is the 6th largest management consulting company in Chicago and the 61st largest consulting company in the world. IPA-IBA offers a wide range of proven and innovative methodologies to help businesses grow and prosper. International Profit Associates and its alliance partners, including Integrated Business Analysis, Inc. (IBA), International Tax Advisors, Inc. (ITA), Accountancy Associates, LLC (AAL) and IPA Advisory & Intermediary Services, LLC (IPA A&I), provide comprehensive business advisory services and tax strategies to companies in the United States, Canada and other locations worldwide. Additional information is immediately available by visiting http://www.ipa-iba.com, http://www.iba-usa.net, http://www.internationaltaxadvisors.com, http://www.accountancyassoc.com, and http://www.aiservices.com. The Public Relations Department may be contacted at: telephone (847) 495-6786; facsimile (847) 495-6773.

News Source: IPA Charites.