Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
990 • Fiscal year 2020 • EIN 27-1052771
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 13.5% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Up$1,140,905
Up $985,483 (+634%) from 2019
Net Assets
Up$835,495
Up $719,367 (+619%) from 2019
Liabilities
Up$305,410
Up $266,116 (+677%) from 2019
Revenue
Up$1,484,808
Up $785,041 (+112%) from 2019
Expenses
Down$765,441
Down $253,451 (-25%) from 2019
Net Income
Up$719,367
Up $1,038,492 (+325%) from 2019
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $146,576 | $507,477 | ▲ $360,901 |
| Pledges and Grants Receivable | - | $250,000 | - |
| Land, Buildings, and Equipment, Net | $0 | $230,286 | ▲ $230,286 |
| Savings and Temporary Cash Investments | $1,335 | $150,370 | ▲ $149,035 |
| Prepaid Expenses and Deferred Charges | $3,761 | $2,772 | ▼ $989 |
| Total Assets | $155,422 | $1,140,905 | ▲ $985,483 |
| Other Assets Total | $3,750 | $0 | ▼ $3,750 |
| Liabilities | |||
| Other Liabilities | $0 | $287,750 | ▲ $287,750 |
| Accounts Payable and Accrued Expenses | $39,294 | $17,660 | ▼ $21,634 |
| Total Liabilities | $39,294 | $305,410 | ▲ $266,116 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $116,128 | $585,495 | ▲ $469,367 |
| Net Assets With Donor Restrictions | - | $250,000 | - |
| Total Net Assets Fund Balance | $116,128 | $835,495 | ▲ $719,367 |
| Total Liabilities and Net Assets / Fund Balance | $155,422 | $1,140,905 | ▲ $985,483 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $230,286 | $510 | $230,796 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joshua Lachs | CEO | FT | $184,598 | $15,918 | $200,516 |
| Name | Title |
|---|---|
| Gregory Nance | Chairman |
| Gary Pelissier | Director |
| Leigh Phillips | Director |
| Matt Taylor | Director |
| Patrice Berry | Director |
| R Jerry Nemorin | Director |
| Ted Gondor | Director (ended 3/31/20) |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $599,211 |
| Other Expenses | $166,230 |
| Total Fundraising Expense | $127,947 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $257,323 | $15,194 | $54,351 | $326,868 |
| Current Officers, Directors, Trustees, and Key Employees | $157,854 | $9,321 | $33,341 | $200,516 |
| Fees for Services Other | $65,944 | $7,266 | $14,533 | $87,743 |
| Payroll Taxes | $29,803 | $1,683 | $6,020 | $37,506 |
| Fees for Services Accounting | $24,104 | $2,972 | $5,943 | $33,019 |
| Other Employee Benefits | $16,267 | $2,553 | $4,312 | $23,132 |
| Information Technology | $14,698 | $1,812 | $3,624 | $20,134 |
| Pension Plan Contributions | $7,876 | $1,229 | $2,084 | $11,189 |
| Insurance | $6,449 | $795 | $1,590 | $8,834 |
| Occupancy | $4,030 | $497 | $994 | $5,521 |
| Office Expenses | $3,501 | $433 | $862 | $4,796 |
| Interest | - | $3,306 | - | $3,306 |
| Conferences and Meetings | $914 | - | - | $914 |
| Advertising | $730 | $29 | $93 | $852 |
| Travel | $439 | $54 | $108 | $601 |
| Depreciation Depletion | $372 | $46 | $92 | $510 |
| Total Functional Expenses | $590,304 | $47,190 | $127,947 | $765,441 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $778,709 |
| Expenses per Audited Statements | $765,441 |
| Total Expenses per Form 990 | $765,441 |
| Expenses Not Reported on Form 990 | $13,268 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| SBA EIDL loan | $150,000 |
| SBA refundable advance - PPP loan | $137,750 |
“The Form 990 and related schedules were reviewed by the Board Treasurer and CEO and provided to the Board of Directors prior to filing.”
“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.”
“Governing documents and financial statements are available to the general public upon request.”
“Consulting: Program service expenses 63,483. Management and general expenses 6,962. Fundraising expenses 13,926. Total expenses 84,371. Professional Development: Program service expenses 548. Management and general expenses 68. Fundraising expenses 135. Total expenses 751. Talent Acquisition: Program service expenses 526. Management and general expenses 65. Fundraising expenses 130. Total expenses 721. Payroll processing: Program service expenses 1,387. Management and general expenses 171. Fundraising expenses 342. Total expenses 1,900.”
“The process has not changed from the prior year.”
“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.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 39294 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 17660 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Financial education and peer mentorship to 11th and 12th graders |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 93 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 29 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 730 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 852 |
| IRS990/AllOtherContributionsAmt | 0 | 1484773 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Joshua Lachs |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5106260770 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 100 S State Street 4th Floor |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60603 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 146576 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 507477 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 33341 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 9321 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 157854 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 200516 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 914 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 914 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1484773 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 35 |
| IRS990/CYOtherExpensesAmt | 0 | 166230 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 719367 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 599211 |
| IRS990/CYTotalExpensesAmt | 0 | 765441 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 127947 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1484808 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 92 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 46 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 372 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 510 |
| IRS990/Desc | 0 | 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. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 250000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 590304 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 5943 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2972 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 24104 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 33019 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 14533 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 7266 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 65944 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 87743 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 15918 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Gregory Nance |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Leigh Phillips |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Matt Taylor |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Ted Gondor |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Patrice Berry |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Gary Pelissier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | R Jerry Nemorin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Joshua Lachs |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 184598 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director (ended 3/31/20) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1484808 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 3624 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1812 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 14698 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 20134 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 1590 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 795 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 6449 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8834 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 3306 |
| IRS990/InterestGrp/TotalAmt | 0 | 3306 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 35 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 35 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 510 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 230286 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 230796 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Moneythink empowers college bound students, particularly institutionally underserved students, to achieve success by supporting financial decision-making through transparency and technology. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 116128 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 835495 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 116128 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 585495 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 994 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 497 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 4030 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5521 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 862 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 433 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3501 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4796 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 3750 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 4312 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2553 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 16267 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 23132 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 287750 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 54351 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 15194 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 257323 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 326868 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 6020 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1683 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 29803 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 37506 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 2084 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1229 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 7876 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 11189 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 250000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3761 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2772 |
| IRS990/PrincipalOfficerNm | 0 | Joshua Lachs |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 699762 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 5 |
| IRS990/PYOtherExpensesAmt | 0 | 259504 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -319125 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 759388 |
| IRS990/PYTotalExpensesAmt | 0 | 1018892 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 699767 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 719367 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1335 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 150370 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1484773 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 699762 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1298462 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 888616 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 892897 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5264510 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 56 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 150 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.61060 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.58360 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 3214410 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 2050100 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1484773 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 699762 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1298462 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 888616 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 892897 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5264510 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5264566 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 13268 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 13268 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 13268 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 765441 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 230286 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 510 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 230796 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 137750 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 150000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SBA refundable advance - PPP loan |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | SBA EIDL loan |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 13268 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1484808 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 230286 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 765441 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 287750 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1484808 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1498076 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 778709 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 184598 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 5095 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 10823 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Joshua Lachs |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 200516 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 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/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Governing documents and financial statements are available to the general public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Consulting: Program service expenses 63,483. Management and general expenses 6,962. Fundraising expenses 13,926. Total expenses 84,371. Professional Development: Program service expenses 548. Management and general expenses 68. Fundraising expenses 135. Total expenses 751. Talent Acquisition: Program service expenses 526. Management and general expenses 65. Fundraising expenses 130. Total expenses 721. Payroll processing: Program service expenses 1,387. Management and general expenses 171. Fundraising expenses 342. Total expenses 1,900. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The process has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part XII, line 2c: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 155422 |
| IRS990/TotalAssetsEOYAmt | 0 | 1140905 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 155422 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1140905 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 1484773 |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 127947 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 47190 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 590304 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 765441 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 39294 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 305410 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 39294 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 305410 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 116128 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 835495 |
| IRS990/TotalOtherCompensationAmt | 0 | 15918 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 590304 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 184598 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.