Civic Intelligence

Earn Inc

EIN 91-2172676 • 501(c)3 • San Francisco, CA

Profile

Saverlife (formerly earn) is a nonprofit organization that uses personalized technology to improve the financial health of people living on low-to-moderate incomes. Using the data and the connections we maintain with our membership of nearly (cont'd on schedule o)700,000 individuals, we elevate important evidence and insights to advance policy and practice in the field of financial health.

548 Market Street Pmb 46387San Francisco, CA 94104

www.saverlife.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.03x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

50%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

374%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

235%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,974,643

Up $4,713,240 (+374%) from 2023

Liabilities

Up

$234,051

Up $21,363 (+10%) from 2023

Net Assets

Up

$5,740,592

Up $4,691,877 (+447%) from 2023

Revenue

Up

$9,312,961

Up $6,536,292 (+235%) from 2023

Expenses

Down

$4,621,084

Down $940,497 (-17%) from 2023

Net Income

Up

$4,691,877

Up $7,476,789 (+268%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $10,702,257Liabilities 2011: $1,275,678Net Assets 2011: $9,426,5792011Assets 2012: $8,989,565Liabilities 2012: $3,500,423Net Assets 2012: $5,489,1422012Assets 2013: $6,683,479Liabilities 2013: $3,710,251Net Assets 2013: $2,973,2282013Assets 2014: $4,561,337Liabilities 2014: $2,638,621Net Assets 2014: $1,922,7162014Assets 2015: $3,534,490Liabilities 2015: $1,440,241Net Assets 2015: $2,094,2492015Assets 2016: $3,099,876Liabilities 2016: $809,603Net Assets 2016: $2,290,2732016Assets 2017: $3,577,647Liabilities 2017: $972,056Net Assets 2017: $2,605,5912017Assets 2018: $3,057,782Liabilities 2018: $420,251Net Assets 2018: $2,637,5312018Assets 2019: $4,370,502Liabilities 2019: $407,495Net Assets 2019: $3,963,0072019Assets 2020: $4,248,823Liabilities 2020: $550,731Net Assets 2020: $3,698,0922020Assets 2021: $4,666,013Liabilities 2021: $897,695Net Assets 2021: $3,768,3182021Assets 2022: $4,318,244Liabilities 2022: $484,617Net Assets 2022: $3,833,6272022Assets 2023: $1,261,403Liabilities 2023: $212,688Net Assets 2023: $1,048,7152023Assets 2024: $5,974,643Liabilities 2024: $234,051Net Assets 2024: $5,740,5922024

Highlighted filing

2024

Assets$5,974,643
Liabilities$234,051
Net Assets$5,740,592

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,951,255Expenses 2011: $4,405,299Net Income 2011: $545,9562011Revenue 2012: $3,823,462Expenses 2012: $5,313,166Net Income 2012: -$1,489,7042012Revenue 2013: $2,459,574Expenses 2013: $4,975,488Net Income 2013: -$2,515,9142013Revenue 2014: $2,277,627Expenses 2014: $3,328,139Net Income 2014: -$1,050,5122014Revenue 2015: $2,725,182Expenses 2015: $2,553,649Net Income 2015: $171,5332015Revenue 2016: $2,973,570Expenses 2016: $2,777,546Net Income 2016: $196,0242016Revenue 2017: $4,026,153Expenses 2017: $3,710,835Net Income 2017: $315,3182017Revenue 2018: $4,267,303Expenses 2018: $4,235,363Net Income 2018: $31,9402018Revenue 2019: $6,749,148Expenses 2019: $5,423,672Net Income 2019: $1,325,4762019Revenue 2020: $8,438,434Expenses 2020: $8,703,349Net Income 2020: -$264,9152020Revenue 2021: $6,096,745Expenses 2021: $6,026,519Net Income 2021: $70,2262021Revenue 2022: $6,551,972Expenses 2022: $6,486,663Net Income 2022: $65,3092022Revenue 2023: $2,776,669Expenses 2023: $5,561,581Net Income 2023: -$2,784,9122023Revenue 2024: $9,312,961Expenses 2024: $4,621,084Net Income 2024: $4,691,8772024

Highlighted filing

2024

Revenue$9,312,961
Expenses$4,621,084
Net Income$4,691,877

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.97$0.23$5.74$9.31$4.62$4.69
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.21$1.05$2.78$5.56$2.78
2022Detailed filing. Detailed filing data is available for this year.$4.32$0.48$3.83$6.55$6.49$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.67$0.90$3.77$6.10$6.03$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.25$0.55$3.70$8.44$8.70$0.26
2019Detailed filing. Detailed filing data is available for this year.$4.37$0.41$3.96$6.75$5.42$1.33
2018Detailed filing. Detailed filing data is available for this year.$3.06$0.42$2.64$4.27$4.24$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.58$0.97$2.61$4.03$3.71$0.32
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.81$2.29$2.97$2.78$0.20
2015Detailed filing. Detailed filing data is available for this year.$3.53$1.44$2.09$2.73$2.55$0.17
2014Summary only. Only limited summary data is available for this year.$4.56$2.64$1.92$2.28$3.33$1.05
2013Detailed filing. Detailed filing data is available for this year.$6.68$3.71$2.97$2.46$4.98$2.52
2012Summary only. Only limited summary data is available for this year.$8.99$3.50$5.49$3.82$5.31$1.49
2011Summary only. Only limited summary data is available for this year.$10.7$1.28$9.43$4.95$4.41$0.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$9,312,961
Mission and Program Overview

Mission

Earn creates prosperity for working families by helping them save and invest in their futures. As the nation's leading microsavings provider, earn designs and launches online savings tools that create financial stability for america's most economically vulnerable populations. Earn's ultimate vision is that well-informed american households will achieve financial success through proven strategies, fair public policy, and their own hard work.

Saverlife (formerly earn) is a nonprofit on a mission -- to inspire, inform, and reward the millions of americans who need help saving money. Through engaging technologies and strategic partnerships, we give working people the methods and motivation to take control of their financial future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$31,672$2,892,932▲ $2,861,260
Pledges and Grants Receivable$368,399$1,911,411▲ $1,543,012
Cash and Non-Interest-Bearing Accounts$125,482$495,084▲ $369,602
Land, Buildings, and Equipment, Net$483,236$412,598▼ $70,638
Prepaid Expenses and Deferred Charges$96,414$106,112▲ $9,698
Accounts Receivable$7,094$7,400▲ $306
Total Assets$1,261,403$5,974,643▲ $4,713,240
Other Assets Total$149,106$149,106→ $0
Liabilities
Accounts Payable and Accrued Expenses$211,188$207,384▼ $3,804
Deferred Revenue-$26,667-
Other Liabilities$1,500$0▼ $1,500
Total Liabilities$212,688$234,051▲ $21,363
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,430,123$5,908,952▲ $4,478,829
Net Assets Without Donor Restrictions$-381,408$-168,360▲ $213,048
Total Net Assets Fund Balance$1,048,715$5,740,592▲ $4,691,877
Total Liabilities and Net Assets / Fund Balance$1,261,403$5,974,643▲ $4,713,240

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$412,598$1,351,840$1,764,438
Equipment$0$20,711$20,711
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leigh PhillipsCEOFT$250,000$22,836$272,836
Sarah WillisCOOFT$210,000$17,031$227,031
Susan LyonDirector of MarketingFT$164,375$16,951$181,326
Carol KastenVP of Governance, Risk & ComplianceFT$160,000$21,227$181,227
Mathieu Ronald DespardVP of Research & PolicyFT$170,000$6,706$176,706
Steve HawkerDirector of Platform OperationsFT$147,420$14,028$161,448
Rebekah CollinsworthDirector of Brand and CommunicationsFT$140,400$6,557$146,957
Maya PendletonSenior Research ManagerFT$116,688$17,013$133,701

Board Members and Trustees

NameTitle
Nick EatonChair
Benjamin ManganBoard Member
Don BaylorBoard Member
Ida RademacherBoard Member
Jake FuentesBoard Member
Karin MeyerBoard Member
Nidhi DagaBoard Member
Samir GoelBoard Member
Tiffany TengSecretary
Preston DoddTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Telos Labs LLCProduct And Web Engineering1053 62ND ST, Oakland, CA 94608$533,136
Growthr LLCAdvertising2108 N STREET STE N, Sacramento, CA 95816$111,164
Revenue and Support

Revenue Composition

Contributions and Grants
$9,171,138
Program Service Revenue
$138,987
Investment Income
$2,086
Other Revenue
$750
All Other Contributions
$9,171,138
Change in Net Assets
$4,691,877

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,312,961
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$140,467
Total Revenue per Audited Statements
$9,453,428
Total Revenue per Form 990
$9,312,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,528,443
Other Expenses$2,092,641
Total Fundraising Expense$434,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,132,919$200,653$166,999$1,500,571
Current Officers, Directors, Trustees, and Key Employees$363,151$145,280$172,663$681,094
Advertising$523,170$285$357$523,812
Depreciation Depletion$310,297--$310,297
Fees for Services Other$240,055$36,904$28,799$305,758
Information Technology$293,477--$293,477
Payroll Taxes$120,685$27,461$26,912$175,058
Other Employee Benefits$84,743$15,421$14,842$115,006
Fees for Services Accounting-$96,324-$96,324
Travel$45,406$8,047$4,023$57,476
Pension Plan Contributions$41,608$7,820$7,286$56,714
All Other Expenses$15,955$9,451$6,611$32,017
Insurance$18,235$3,230$1,616$23,081
Office Expenses$17,788$1,958$1,428$21,174
Occupancy$10,360$1,835$918$13,113
Other Expenses$117,051$5,000$2,166$5,000
Fees for Services Legal-$850-$850
Total Functional Expenses$3,597,050$589,414$434,620$4,621,084

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,761,551
Expenses per Audited Statements$4,621,084
Total Expenses per Form 990$4,621,084
Expenses Not Reported on Form 990$140,467
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
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 35% controlled entity
No
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

Form 990 was reviewed by an outside tax professional. The form was then reviewed by the organization's management and at least one member of the board of directors. This group of individuals then discussed the contents of the return with the outside tax professional. After a full review (with modification where necessary), the final version of the tax return was provided to all members of the organization's voting body. A representative of management or the board signed and the outside tax professional electronically filed the return to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All employees are covered under saverlife's conflict of interest policy. Determination of whether a conflict exists is made by the employee's manager or hr. Conflicts are reviewed by hr or the ceo. If an actual or potential conflict is determined, saverlife will take steps to minimize or eliminate the conflict as appears appropriate under the circumstances.

Form 990, Part VI, Section B, Line 15

A committee of the board of directors reviews the compensation of all high level personnel annually in accordance with irs rules and regulation. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures. Compensation of other high level personnel and key employees is reviewed at least annually by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Section C, Line 19

All governing documents, financial statements, and conflict of interest policy are provided via email or mail in response to requests received via phone, email, or mail, and are held for the same period of time set forth in sec. 6104(d).

Filing and Contact Details

Filer

Filer Name
Earn Inc
EIN
91-2172676
Phone
4155039818
Address
548 MARKET STREET PMB 46387, SAN FRANCISCO, CA 94104
Doing Business As
Saverlife

Signing Officer

Name
Leigh Phillips
Title
CEO
Phone
4155039818
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leigh Phillips
Formed
2001
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
24
Volunteers
10

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Michael Wallace
Phone
2126972299
Raw XML AppendixShowing 400 of 643 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.

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IRS990/ActivityOrMissionDesc0SAVERLIFE (FORMERLY EARN) IS A NONPROFIT ON A MISSION -- TO INSPIRE, INFORM, AND REWARD THE MILLIONS OF AMERICANS WHO NEED HELP SAVING MONEY. THROUGH ENGAGING TECHNOLOGIES AND STRATEGIC PARTNERSHIPS, WE GIVE WORKING PEOPLE THE METHODS AND MOTIVATION TO TAKE CONTROL OF THEIR FINANCIAL FUTURE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF RESEARCH & POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF PLATFORM OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF BRAND AND COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR RESEARCH MANAGER
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IRS990/MissionDesc0SAVERLIFE (FORMERLY EARN) IS A NONPROFIT ON A MISSION -- TO INSPIRE, INFORM, AND REWARD THE MILLIONS OF AMERICANS WHO NEED HELP SAVING MONEY. THROUGH ENGAGING TECHNOLOGIES AND STRATEGIC PARTNERSHIPS, WE GIVE WORKING PEOPLE THE METHODS AND MOTIVATION (CON'T ON SCHEDULE O) TO TAKE CONTROL OF THEIR FINANCIAL FUTURE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH & ADVOCACY:SAVERLIFE BRINGS OUR MEMBERS' VOICES AND PRIORITIES INTO SYSTEMS-LEVEL CONVERSATIONS TO ENSURE CURRENT AND EMERGING PRODUCTS, PROGRAMS, AND POLICIES SUPPORT THEIR UNIQUE FINANCIAL HEALTH JOURNEYS. SAVERLIFE'S FINTECH PRODUCT PROVIDES UNIQUE ACCESS TO REAL-TIME, HOUSEHOLD-LEVEL FINANCIAL TRANSACTIONS, BANK ACCOUNT DATA, AND DEMOGRAPHIC INFORMATION, GIVING INSIGHT INTO THE FINANCIAL LIVES OF OUR MEMBERS OVER TIME. AND BECAUSE WE'VE BUILT AN ENGAGED COMMUNITY OF MEMBERS ACROSS THE COUNTRY, WE CAN BRING THEIR DATA AND STORIES TOGETHER THROUGH PUBLISHED RESEARCH TO HIGHLIGHT HOW A MORE THOUGHTFUL AND INCLUSIVE FINANCIAL SYSTEM CAN HELP THEM ACHIEVE FINANCIAL WELL-BEING.
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