Civic Intelligence

Financial Education Initiative

990 • Fiscal year 2018 • EIN 27-1052771

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 06, 2019

Organization Profilewww.moneythink.org
100 S State Street 4th FloorChicago, IL 60603

(626) 202-4850

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.06x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

40th percentile

0.0%

Higher net margin than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,985

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

37th percentile

-2.0%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

46%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$460,888

Down $9,321 (-2.0%) from 2017

Net Assets

Up

$435,253

Up $624 (+0.1%) from 2017

Liabilities

Down

$25,635

Down $9,945 (-28%) from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin40th percentile

Revenue

Up

$1,298,622

Up $410,002 (+46%) from 2017

Expenses

Up

$1,297,998

Up $43,265 (+3.4%) from 2017

Net Income

Up

$624

Up $366,737 (+100%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $44,578Liabilities 2013: $0Net Assets 2013: $44,5782013Assets 2014: $376,117Liabilities 2014: $2,491Net Assets 2014: $373,6262014Assets 2015: $627,616Liabilities 2015: $7,950Net Assets 2015: $619,6662015Assets 2016: $422,176Liabilities 2016: $5,627Net Assets 2016: $416,5492016Assets 2017: $470,209Liabilities 2017: $35,580Net Assets 2017: $434,6292017Assets 2018: $460,888Liabilities 2018: $25,635Net Assets 2018: $435,2532018Assets 2019: $155,422Liabilities 2019: $39,294Net Assets 2019: $116,1282019Assets 2020: $1,140,905Liabilities 2020: $305,410Net Assets 2020: $835,4952020Assets 2021: $2,812,630Liabilities 2021: $675,600Net Assets 2021: $2,137,0302021Assets 2022: $1,525,712Liabilities 2022: $542,939Net Assets 2022: $982,7732022

Highlighted filing

2018

Assets$460,888
Liabilities$25,635
Net Assets$435,253
Open 2018 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $164,5562013Revenue 2014: $734,092Expenses 2014: $415,631Net Income 2014: $318,4612014Revenue 2015: $1,462,504Expenses 2015: $1,216,464Net Income 2015: $246,0402015Revenue 2016: $997,766Expenses 2016: $1,200,883Net Income 2016: -$203,1172016Revenue 2017: $888,620Expenses 2017: $1,254,733Net Income 2017: -$366,1132017Revenue 2018: $1,298,622Expenses 2018: $1,297,998Net Income 2018: $6242018Revenue 2019: $699,767Expenses 2019: $1,018,892Net Income 2019: -$319,1252019Revenue 2020: $1,484,808Expenses 2020: $765,441Net Income 2020: $719,3672020Revenue 2021: $2,607,050Expenses 2021: $1,305,515Net Income 2021: $1,301,5352021Revenue 2022: $1,996,587Expenses 2022: $2,286,220Net Income 2022: -$289,6332022

Highlighted filing

2018

Revenue$1,298,622
Expenses$1,297,998
Net Income$624
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 6, 2019
Return Version
2018v3.1
Gross Receipts
$1,298,622
Mission and Program Overview

Mission

Moneythink expands economic opportunity in the United States by equipping urban youth to believe in themselves, navigate the financial decisions of adulthood, and achieve financial prosperity. Moneythink gets young people excited about making smart financial decisions and starts them down the path toward economic success - in turn, generating a financial ripple effect through families and entire communities.

Financial education and peer mentorship to 11th and 12th graders

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$465,123$425,441▼ $39,682
Savings and Temporary Cash Investments$1,336$31,697▲ $30,361
Total Assets$470,209$460,888▼ $9,321
Other Assets Total$3,750$3,750→ $0
Liabilities
Accounts Payable and Accrued Expenses$35,580$25,635▼ $9,945
Total Liabilities$35,580$25,635▼ $9,945
Net Assets / Fund Balance
Unrestricted Net Assets$434,629$435,253▲ $624
Total Net Assets Fund Balance$434,629$435,253▲ $624
Total Liabilities and Net Assets / Fund Balance$470,209$460,888▼ $9,321
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathan RanneyDirector of ProductFT$120,453$5,532$125,985
Theodore GonderCEO/Secretary thru 7/2018FT$60,206$9,886$70,092
Joshua LachsCEO since 10/2018FT$36,531$2,138$38,669

Board Members and Trustees

NameTitle
Gregory NanceChairman
Matt TaylorDirector
Sarah GordonDirector
Kevin GoldsmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,298,462
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$150
All Other Contributions
$1,298,462
Change in Net Assets
$624

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,298,622
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,226
Total Revenue per Audited Statements
$1,313,848
Total Revenue per Form 990
$1,298,622
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$933,785
Other Expenses$364,213
Total Fundraising Expense$198,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$568,645$32,736$96,066$697,447
Fees for Services Other$130,926$67,799$11,898$210,623
Current Officers, Directors, Trustees, and Key Employees$32,628$16,314$59,819$108,761
Travel$15,104$49,148$266$64,518
Payroll Taxes$47,188$3,775$11,954$62,917
Other Employee Benefits$38,169$2,105$6,107$46,381
Office Expenses$10,345$16,302$2,101$28,748
Occupancy$11,370$9,913$2,880$24,163
Insurance$16,916$1,353$4,285$22,554
Pension Plan Contributions$13,709$1,097$3,473$18,279
Fees for Services Accounting-$7,470-$7,470
Information Technology$2,287$3,580-$5,867
Other Expenses-$195-$195
Conferences and Meetings--$75$75
Total Functional Expenses$887,287$211,787$198,924$1,297,998

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,313,224
Expenses per Audited Statements$1,297,998
Total Expenses per Form 990$1,297,998
Expenses Not Reported on Form 990$15,226
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The Form 990 and related schedules were reviewed by the Board Treasurer and CEO and provided to the Board of Directors prior to filing.”

Form 990, Part VI, Section B, line 15

“Officer and key employee compensation is determined by the Compensation Committee of the Board of Directors. The Committee shall obtain comparable compensation information from salary surveys and/or known compensation paid by similarly sized and located organizations for like positions in analogous circumstances.”

Form 990, Part VI, Section C, line 19

“Governing documents and financial statements are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Moneythink
EIN
27-1052771
Phone
6262024850
Address
100 S State Street 4th Floor, Chicago, IL 60603

Signing Officer

Name
Joshua Lachs
Title
Chief Executive Officer
Phone
6262024850
Signed
2019-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Lachs
Formed
2009
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
13
Volunteers
5

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western, Chicago, IL 60643
Preparer
David J Rambo
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consulting: Program service expenses 130,926. Management and general expenses 63,888. Fundraising expenses 11,898. Total expenses 206,712. Payroll processing: Program service expenses 0. Management and general expenses 3,911. Fundraising expenses 0. Total expenses 3,911.”

Financial Statement Notes

Part X, Line 2:

“FIN 48 note from Audited Financial Statements Moneythink was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). Moneythink qualifies for the charitable contribution deduction under Section 170 and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax exempt purpose of Moneythink and the nature in which it operates is described above. Moneythink continues to operate in compliance with its tax exempt purpose. Moneythink's annual information returns filed with the federal and state governments are subject to examination for three years after filing.”

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt035580
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025635
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Financial education and peer mentorship to 11th and 12th graders
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt01298462
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Joshua Lachs
IRS990/BooksInCareOfDetail/PhoneNum05109137828
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 S State Street 4th Floor
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060603
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0465123
IRS990/CashNonInterestBearingGrp/EOYAmt0425441
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt059819
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt016314
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt032628
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0108761
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt075
IRS990/ConferencesMeetingsGrp/TotalAmt075
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01298462
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt0364213
IRS990/CYOtherRevenueAmt0150
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0624
IRS990/CYSalariesCompEmpBnftPaidAmt0933785
IRS990/CYTotalExpensesAmt01297998
IRS990/CYTotalFundraisingExpenseAmt0198924
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01298622
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Moneythink breaks down barriers to college success by directly supporting under-resourced youth in navigating the critical financial decisions inherent to the college matriculation process. Our coaches utilize a web-based, text-messaging platform to provide low-cost, direct, personalized, action-oriented guidance to high school seniors, helping each student to overcome traditionally challenging hurdles throughout their college search process. These tools are designed to help students on an individualized level, and -- when paired with our coaching support -- provide a wealth of expert guidance that ensure a student successfully enrolls in an affordable, supportive match school with minimal financial risk. Our program has four primary interventions across 15 months: 1) Financial coaching including FAFSA support 2) College matching; 3) Financial aid award letter comparison; and 4) Financial planning once students begin college enrollment.We designed our program to meet students where they are, providing important, applicable information at the exact moments they need it most, particularly outside of the classroom where they are making some of the most important decisions of their lives. By bringing critical financial and postsecondary information directly to a student's fingertips in real-time, we increase their access to the information they need throughout the college matriculation process, and in turn, increase their likelihood of successfully persisting through to graduation with minimal debt or financial burden.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0887287
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07470
IRS990/FeesForServicesAccountingGrp/TotalAmt07470
IRS990/FeesForServicesOtherGrp/FundraisingAmt011898
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt067799
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0130926
IRS990/FeesForServicesOtherGrp/TotalAmt0210623
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt19886
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt52138
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt65532
IRS990/Form990PartVIISectionAGrp/PersonNm0Gregory Nance
IRS990/Form990PartVIISectionAGrp/PersonNm1Theodore Gonder
IRS990/Form990PartVIISectionAGrp/PersonNm2Kevin Goldsmith
IRS990/Form990PartVIISectionAGrp/PersonNm3Matt Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm4Sarah Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm5Joshua Lachs
IRS990/Form990PartVIISectionAGrp/PersonNm6Nathan Ranney
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt536531
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6120453
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO/Secretary thru 7/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO since 10/2018
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director of Product
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0150
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01298622
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03580
IRS990/InformationTechnologyGrp/ProgramServicesAmt02287
IRS990/InformationTechnologyGrp/TotalAmt05867
IRS990/InsuranceGrp/FundraisingAmt04285
IRS990/InsuranceGrp/ManagementAndGeneralAmt01353
IRS990/InsuranceGrp/ProgramServicesAmt016916
IRS990/InsuranceGrp/TotalAmt022554
IRS990/InvestmentIncomeGrp/ExclusionAmt010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Moneythink expands economic opportunity in the United States by equipping urban youth to believe in themselves, navigate the financial decisions of adulthood, and achieve financial prosperity. Moneythink gets young people excited about making smart financial decisions and starts them down the path toward economic success - in turn, generating a financial ripple effect through families and entire communities.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0434629
IRS990/NetAssetsOrFundBalancesEOYAmt0435253
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0150
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0150
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02880
IRS990/OccupancyGrp/ManagementAndGeneralAmt09913
IRS990/OccupancyGrp/ProgramServicesAmt011370
IRS990/OccupancyGrp/TotalAmt024163
IRS990/OfficeExpensesGrp/FundraisingAmt02101
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016302
IRS990/OfficeExpensesGrp/ProgramServicesAmt010345
IRS990/OfficeExpensesGrp/TotalAmt028748
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03750
IRS990/OtherAssetsTotalGrp/EOYAmt03750
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06107
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02105
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038169
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046381
IRS990/OtherExpensesGrp/Desc0Chapter assistance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0195
IRS990/OtherExpensesGrp/TotalAmt0195
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt096066
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032736
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0568645
IRS990/OtherSalariesAndWagesGrp/TotalAmt0697447
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011954
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03775
IRS990/PayrollTaxesGrp/ProgramServicesAmt047188
IRS990/PayrollTaxesGrp/TotalAmt062917
IRS990/PensionPlanContributionsGrp/FundraisingAmt03473
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01097
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013709
IRS990/PensionPlanContributionsGrp/TotalAmt018279
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Joshua Lachs
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0888616
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04
IRS990/PYOtherExpensesAmt0532840
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-366113
IRS990/PYSalariesCompEmpBnftPaidAmt0721893
IRS990/PYTotalExpensesAmt01254733
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0888620
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0624
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01336
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031697
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01298462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0888616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0892897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0997762
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01453993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05531730
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08661
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56840
IRS990ScheduleA/PublicSupportPY170Pct00.57340
IRS990ScheduleA/PublicSupportTotal170Amt03144494
IRS990ScheduleA/SubstantialContributorsTotAmt02387236
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01298462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0888616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0892897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0997762
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01453993
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05531730
IRS990ScheduleA/TotalSupportAmt05531750
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt015226
IRS990ScheduleD/DonatedServicesUseFcltsAmt015226
IRS990ScheduleD/ExpensesNotReportedAmt015226
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01297998
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt015226
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01298622
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 note from Audited Financial Statements Moneythink was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). Moneythink qualifies for the charitable contribution deduction under Section 170 and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax exempt purpose of Moneythink and the nature in which it operates is described above. Moneythink continues to operate in compliance with its tax exempt purpose. Moneythink's annual information returns filed with the federal and state governments are subject to examination for three years after filing.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01297998
IRS990ScheduleD/TotalRevenuePerForm990Amt01298622
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01313848
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01313224
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 and related schedules were reviewed by the Board Treasurer and CEO and provided to the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officer and key employee compensation is determined by the Compensation Committee of the Board of Directors. The Committee shall obtain comparable compensation information from salary surveys and/or known compensation paid by similarly sized and located organizations for like positions in analogous circumstances.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents and financial statements are available to the general public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Consulting: Program service expenses 130,926. Management and general expenses 63,888. Fundraising expenses 11,898. Total expenses 206,712. Payroll processing: Program service expenses 0. Management and general expenses 3,911. Fundraising expenses 0. Total expenses 3,911.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0470209
IRS990/TotalAssetsEOYAmt0460888
IRS990/TotalAssetsGrp/BOYAmt0470209
IRS990/TotalAssetsGrp/EOYAmt0460888
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01298462
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0198924
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0211787
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0887287
IRS990/TotalFunctionalExpensesGrp/TotalAmt01297998
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035580
IRS990/TotalLiabilitiesEOYAmt025635
IRS990/TotalLiabilitiesGrp/BOYAmt035580
IRS990/TotalLiabilitiesGrp/EOYAmt025635
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0434629
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0435253
IRS990/TotalOtherCompensationAmt017556
IRS990/TotalProgramServiceExpensesAmt0887287
IRS990/TotalReportableCompFromOrgAmt0217190
IRS990/TotalRevenueGrp/ExclusionAmt0160
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01298622
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0470209
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0460888
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0266
IRS990/TravelGrp/ManagementAndGeneralAmt049148
IRS990/TravelGrp/ProgramServicesAmt015104
IRS990/TravelGrp/TotalAmt064518
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0434629
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0435253
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 S State Street 4th Floor
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060603
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.moneythink.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Joshua Lachs
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Executive Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum06262024850
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Moneythink
ReturnHeader/Filer/BusinessNameControlTxt0MONE
ReturnHeader/Filer/EIN0271052771
ReturnHeader/Filer/PhoneNum06262024850
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 S State Street 4th Floor
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060603
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0738B9105E46B695E191D81BBB6C655DEEDF341ED
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B4CB004CF8EAA16EE9832F05B83FC3648C21119C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.84.64.45
ReturnHeader/FilingSecurityInformation/IPDt02019-08-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:37:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363321958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Desmond & Ahern Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010827 S Western
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060643
ReturnHeader/PreparerPersonGrp/PhoneNum07737794720
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David J Rambo
ReturnHeader/ReturnTs02019-08-06T07:53:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$460,888
Liabilities
$25,635
Net assets
$435,253
Revenue
$1,298,622
Expenses
$1,297,998
Net income
$624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.54$0.98$2.00$2.29$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.68$2.14$2.61$1.31$1.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.31$0.84$1.48$0.77$0.72
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.04$0.12$0.70$1.02$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.03$0.44$1.30$1.30$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.04$0.43$0.89$1.25$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.42$1.00$1.20$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$1.46$1.22$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.37$0.73$0.42$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.16