Civic Intelligence

Earn Inc.

990 • Fiscal year 2016 • EIN 91-2172676

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 25, 2017

235 Montgomery Street No 1050San Francisco, CA 94104

(415) 217-3660

Siviq Scores

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

Liabilities / Assets

67th percentile

0.26x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

68th percentile

0.27x

Higher debt load relative to revenue than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

62nd percentile

6.6%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.1%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,099,876

Down $434,614 (-12%) from 2015

Net Assets

Up

$2,290,273

Up $196,024 (+9.4%) from 2015

Liabilities

Down

$809,603

Down $630,638 (-44%) from 2015

Revenue

Up

$2,973,570

Up $248,388 (+9.1%) from 2015

Expenses

Up

$2,777,546

Up $223,897 (+8.8%) from 2015

Net Income

Up

$196,024

Up $24,491 (+14%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$3,099,876
Liabilities$809,603
Net Assets$2,290,273

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$2,973,570
Expenses$2,777,546
Net Income$196,024
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 25, 2017
Return Version
2016v3.0
Gross Receipts
$3,000,439
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.

To create prosperity for working families by helping them save and invest in their futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,648,452$2,211,395▼ $437,057
Land, Buildings, and Equipment, Net$41,249$498,158▲ $456,909
Pledges and Grants Receivable$767,615$280,004▼ $487,611
Prepaid Expenses and Deferred Charges$37,733$70,863▲ $33,130
Savings and Temporary Cash Investments$39,441$39,456▲ $15
Total Assets$3,534,490$3,099,876▼ $434,614
Liabilities
Other Liabilities$585,022$0▼ $585,022
Deferred Revenue$459,378$459,378→ $0
Accounts Payable and Accrued Expenses$262,298$335,185▲ $72,887
Grants Payable$133,543$15,040▼ $118,503
Total Liabilities$1,440,241$809,603▼ $630,638
Net Assets / Fund Balance
Unrestricted Net Assets$1,452,447$1,580,314▲ $127,867
Temporarily Rstr Net Assets$641,802$709,959▲ $68,157
Total Net Assets Fund Balance$2,094,249$2,290,273▲ $196,024
Total Liabilities and Net Assets / Fund Balance$3,534,490$3,099,876▼ $434,614

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$485,656$33,469$519,125
Equipment$12,502$8,864$21,366
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leigh PhillipsCEOFT$177,292$14,097$191,389
Megan MctiernanSenior Vice PresidentFT$126,222$11,444$137,666

Board Members and Trustees

NameTitle
Nick EatonChair
Benjamin ManganBoard Member
Dan BaylorBoard Member
Dipti GhoshBoard Member
Ida RademacherBoard Member
Jake FuentesBoard Member
Jenny FloresBoard Member
Eugene ChanBoard Member (through 3/31/16)
Eugene LeeBoard Member (through 6/30/16)
Steven ComfortSecretary
Preston DoddTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
BrightactSoftware Programming & R&d, Maintenance,325 SHARON PARK DRIVE STE 756, Menlo Park, CA 94025, In$566,518
Kristy KobernaSenior Operations ConsultantPO BOX 1226, El Granada, CA 94018$104,375
Persistent SystemsSoftware Programming & Qa-$102,308
Revenue and Support

Revenue Composition

Contributions and Grants
$2,855,219
Program Service Revenue
$0
Investment Income
$-26,869
Other Revenue
$145,220
All Other Contributions
$2,751,245
Change in Net Assets
$196,024

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,973,571
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,973,571
Total Revenue per Form 990
$2,973,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,455,986
Salaries, Compensation, and Employee Benefits$1,300,795
Total Fundraising Expense$290,069
Grants and Similar Amounts Paid$20,765
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$480,609$159,735$97,510$737,854
Fees for Services Other$343,267$41,841$20,618$405,726
Other Expenses$332,947$37,868-$370,815
Current Officers, Directors, Trustees, and Key Employees$238,351$9,676$77,412$325,439
Occupancy$121,570$31,601$34,277$187,448
All Other Expenses$89,293$78,944-$168,237
Payroll Taxes$70,650$14,383$15,144$100,177
Fees for Services Accounting$19,604$78,414-$98,018
Other Employee Benefits$63,723$11,755$14,096$89,574
Information Technology$62,670$7,639$3,764$74,073
Pension Plan Contributions$27,836$9,466$10,449$47,751
Depreciation Depletion$33,469$8,864-$42,333
Advertising$17,576$17,407$150$35,133
Travel$22,633$336$11,666$34,635
Office Expenses$9,340$15,059$4,983$29,382
Grants to Domestic Individuals$20,765--$20,765
Insurance-$10,186-$10,186
Total Functional Expenses$1,954,303$533,174$290,069$2,777,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,777,547
Total Expenses per Audited Statements$2,777,547
Total Expenses per Form 990$2,777,547
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Yes
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

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 mailed the return to the internal revenue service.

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

All employees are covered under earn'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, earn 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 the governing documents, financial statements and conflict of interest policy are maintained in a secure environment and held available for inspection by tax authorities and the general public for the same period of time set forth in sec. 6104(d). Tax returns are posted annually to www.guidestar.org (where it is available for viewing as an electronic copy) and are also available at the organization's office in san francisco, california (for an inspection).

Filing and Contact Details

Filer

Filer Name
Earn Inc
EIN
91-2172676
Phone
4152173660
Address
235 MONTGOMERY STREET NO 1050, SAN FRANCISCO, CA 94104

Signing Officer

Name
Leigh Phillips
Title
CEO
Phone
4152173660
Signed
2017-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leigh Phillips
Formed
2001
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
15
Volunteers
9

Preparer

Firm
Hood & Strong Llp
Address
275 BATTERY ST STE 900, SAN FRANCISCO, CA 94111
Preparer
Maga E Kisriev
Phone
4157810793
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Recruitment ad & referral bonus: program service expenses 534. Management and general expenses 65. Fundraising expenses 32. Total expenses 631. Hr & payroll service: program service expenses 9,007. Management and general expenses 1,098. Fundraising expenses 541. Total expenses 10,646. Program & project consulting: program service expenses 333,726. Management and general expenses 40,678. Fundraising expenses 20,045. Total expenses 394,449.

Financial Statement Notes

PART IV, LINE 2B:

Earn maintains an escrow account for the san francisco office of financial empowerment as part of their fiscal sponsorship contract with earn.

PART X, LINE 2:

The corporation is a tax-exempt organization under the provisions of the internal revenue code, section 501(c)(3), and the california revenue and taxation code, section 23701d. Accordingly, no provision for federal and state income taxes has been reflected in these financial statements. Management evaluated earn's tax positions and concluded that earn had maintained its tax exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11177292
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12126222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER (THROUGH 6/30/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER (THROUGH 3/31/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-26869
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0103974
IRS990/GrantAmt020765
IRS990/GrantsPayableGrp/BOYAmt0133543
IRS990/GrantsPayableGrp/EOYAmt015040
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt020765
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt020765
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03000439
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03764
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07639
IRS990/InformationTechnologyGrp/ProgramServicesAmt062670
IRS990/InformationTechnologyGrp/TotalAmt074073
IRS990/InsuranceGrp/ManagementAndGeneralAmt010186
IRS990/InsuranceGrp/TotalAmt010186
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042333
IRS990/LandBldgEquipBasisNetGrp/BOYAmt041249
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0498158
IRS990/LandBldgEquipCostOrOtherBssAmt0540491
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt026869
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EARN 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02094249
IRS990/NetAssetsOrFundBalancesEOYAmt02290273
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-26869
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-26869
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt034277
IRS990/OccupancyGrp/ManagementAndGeneralAmt031601
IRS990/OccupancyGrp/ProgramServicesAmt0121570
IRS990/OccupancyGrp/TotalAmt0187448
IRS990/OfficeExpensesGrp/FundraisingAmt04983
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015059
IRS990/OfficeExpensesGrp/ProgramServicesAmt09340
IRS990/OfficeExpensesGrp/TotalAmt029382
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt014096
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011755
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt063723
IRS990/OtherEmployeeBenefitsGrp/TotalAmt089574
IRS990/OtherExpensesGrp/Desc0FISCAL SPONSORSHIP EXPE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037868
IRS990/OtherExpensesGrp/ProgramServicesAmt0332947
IRS990/OtherExpensesGrp/TotalAmt0370815
IRS990/OtherLiabilitiesGrp/BOYAmt0585022
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FISCAL SPONSORSHIP FEE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0110220
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt035000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0110220
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135000
IRS990/OtherRevenueTotalAmt0145220
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt097510
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0159735
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0480609
IRS990/OtherSalariesAndWagesGrp/TotalAmt0737854
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt015144
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014383
IRS990/PayrollTaxesGrp/ProgramServicesAmt070650
IRS990/PayrollTaxesGrp/TotalAmt0100177
IRS990/PensionPlanContributionsGrp/FundraisingAmt010449
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09466
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027836
IRS990/PensionPlanContributionsGrp/TotalAmt047751
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0767615
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0280004
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037733
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070863
IRS990/PrincipalOfficerNm0LEIGH PHILLIPS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EARN EXPANDED THE FIELD OF ASSET-BUILDING BY PARTNERING WITH OVER 50 ORGANIZATIONS TO INTEGRATE EARN'S SAVINGS PROGRAM INTO THE SERVICES OFFERED TO THEIR DIVERSE LOW-INCOME CLIENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0412395
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0EARN RELEASED A REPORT IN JUNE 2016 DETAILING OUR FINDINGS FROM 13 YEARS OF CHILDREN'S EDUCATION SAVINGS ACCOUNTS. IT WAS HIGHLY INFLUENTIAL IN THE FIELD OF SAVINGS OVER 500 PEOPLE DOWNLOADED THE REPORT, OVER 100 PARTICIPATED IN WEBINARS AND IN-PERSON DISCUSSIONS OF THE FINDINGS, AND IT WAS DISSEMINATED TO THOUSANDS OF PRACTITIONERS AND INDIVIDUALS INTERESTED IN SAVINGS. EARN ALSO BEGAN A RANDOMIZED CONTROL TRIAL WITH STANFORD UNIVERSITY. THE RCT WILL EVALUATE THE EFFECTIVENESS OF THE STARTER SAVINGS PROGRAM IN PROMOTING FINANCIAL WELL-BEING, PHYSICAL HEALTH, AND MENTAL HEALTH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0191793
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EARN ACTED AS FISCAL SPONSOR FOR THE SAN FRANCISCO OFFICE OF FINANCIAL EMPOWERMENT, AN INITIATIVE OF THE SAN FRANCISCO TREASURER'S OFFICE. THEIR PROGRAMS INCLUDE RUNNING THE KINDERGARDEN TO COLLEGE SAVINGS PROGRAM, INITIATIVES TO AID SAN FRANCISCO'S UNDERBANKED POPULATION, AND RESEARCH. EARN EDUCATES AND ENGAGES POLICYMAKERS ABOUT ASSET-BUILDING, SAVINGS, AND FINANCIAL SECURITY ISSUES AND INITIATIVES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0431321
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02625734
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt058574
IRS990/PYInvestmentIncomeAmt0108688
IRS990/PYOtherExpensesAmt01126184
IRS990/PYOtherRevenueAmt0-9240
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0171533
IRS990/PYSalariesCompEmpBnftPaidAmt01368891
IRS990/PYTotalExpensesAmt02553649
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02725182
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0196024
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039441
IRS990/SavingsAndTempCashInvstGrp/EOYAmt039456
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING REVENUE - 2012 AMOUNT: $ 35,145. 2013 AMOUNT: $ 51,991. 2014 AMOUNT: $ 7,250. 2015 AMOUNT: $ 17,250. 2016 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02855219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02625734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02306049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02284246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03897106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013968354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-26869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0109017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05476
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt093147
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0588074
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt051991
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035145
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0111636
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74790
IRS990ScheduleA/PublicSupportPY170Pct00.80900
IRS990ScheduleA/PublicSupportTotal170Amt010600669
IRS990ScheduleA/SubstantialContributorsTotAmt03367685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02855219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02625734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02306049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02284246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03897106
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013968354
IRS990ScheduleA/TotalSupportAmt014173137
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsAmt01036

Document Assets

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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