EIN 27-1052771

Moneythink

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
2009
Most recent tax filings
2023-12-01
Description
Moneythink is the only movement of young people restoring the economic health of the United States through financial education. They build the financial health of Americans by equipping youth and young adults to believe in themselves.
Total revenues
$1,129,672
2023
Total expenses
$1,491,437
2023
Total assets
$647,299
2023
Num. employees
15
2023

Program areas at Moneythink

Moneythink helps promote economic equity by empowering students to make informed financial choices. With expertise built on years of experience collaborating with students, college advisors and high schools, Moneythink takes inventory of outcomes and feedback to guide students on their financial journeys. Our technology expands our ability to reduce student debt: offering students, families, and their advisors free guides and tools, like DecidED. DecidED is a web-based app that helps students learn about their college options and compare the affordability of financial aid offers against other criteria, such as graduation rates. By providing clear and factual information, DecidED encourages students to enroll at affordable schools where they have the greatest chance of graduating with the least amount of debt. DecidED is free and was designed with the needs of institutionally underserved students and their existing support systems in mind. Once students see their choices and clearly understand their associated costs, they can achieve success at all stages and more directly shape their futures.

Who funds Moneythink

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Taco Bell FoundationTo Provide Support Services and Programs for Underprivileged Children, To Help Them Grow Up$100,000
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$100,000
American Online Giving FoundationGeneral Support$15,986
...and 4 more grants received

Personnel at Moneythink

NameTitleCompensation
Joshua LachsChief Executive Officer$208,667
Alexandra ShilukVice President of Operations$114,396
Shevrin JonesVice President of Development and External Relations
Sara O'HearnVice President of Product$162,415
Austin WiebeDirector of Marketing
...and 12 more key personnel

Financials for Moneythink

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,146,617
Program services$0
Investment income and dividends$18
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-16,963
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,129,672

Form 990s for Moneythink

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-28990View PDF
2022-122023-07-20990View PDF
2021-122022-10-26990View PDF
2020-122021-08-10990View PDF
2019-122021-04-02990View PDF
...and 9 more Form 990s
Data update history
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Taco Bell Foundation
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from The Chicago Community Trust
August 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 24, 2023
Updated personnel
Identified 1 new personnel
August 19, 2023
Received grants
Identified 2 new grant, including a grant for $250,000 from Prudential Foundation
Nonprofit Types
Human service organizationsYouth service charitiesFamily service centersCharities
Issues
Human servicesChildren
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
100 S State St Floor 4
Chicago, IL 60603
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
moneythink.org/ 
Facebook page
moneythink 
Twitter profile
@moneythink 
IRS details
EIN
27-1052771
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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