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EIN 84-2102876

Young Money Finances

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Grand Rapids
State
Michigan
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
B80: Student Services and Organizations of Students
Description
Young Money Finances empowers youth and families to build healthy financial behaviors by providing financial education programs.
Total revenues
$244,000
2023
Total expenses
$230,000
2023
Total assets
$161,095
2023
Num. employees
0
2023

Program areas at Young Money Finances

The organization provides financial education to youth and families.

Who funds Young Money Finances

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Grand Rapids Community FoundationGeneral Operating Support$60,250
Heart of West Michigan United Way (HWMUW)Allocation$60,000
CDV5 FoundationGeneral Operating$15,000
...and 2 more grants received

Personnel at Young Money Finances

NameTitleCompensation
Dondrea BrownExecutive Director$17,000
Malique GrearBoard Member$0
Christina VandamSecretary$0
Teia GatesChair$0
Mariel HarmonTreasurer$0
...and 2 more key personnel

Financials for Young Money Finances

RevenuesFYE 12/2023
Total grants, contributions, etc.$239,000
Program services$5,000
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$244,000

Form 990s for Young Money Finances

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-05-14990View PDF
2022-022022-10-10990View PDF
Data update history
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $60,250 from Grand Rapids Community Foundation
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $15,000 from Douglas and Maria Devos Foundation
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsFamily service centersCharities
Issues
Education
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
454 Crawford St Se
Grand Rapids, MI 49507
Metro area
Grand Rapids-Kentwood, MI
County
Kent County, MI
Website URL
ymfgr.org/ 
Phone
(616) 202-1470
IRS details
EIN
84-2102876
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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