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MISSION

To provide financial literacy resources to empower children and teens to utilize healthy financial behaviors to become financially independent adults.

 FORM 1023-EZ for YOUNG MONEY FINANCES

DEMOGRAPHIC

ADDRESS
454 CRAWFORD ST SE
49507
COUNTY
kent county, MI
IN CARE OF NAME
DONDREA BROWN

ORGANIZATIONAL OVERVIEW & RANKINGS

YOUNG MONEY FINANCES is a based in GRAND RAPIDS, MI, focused on Educational Institutions and Related Activities causes , specifically Student Services, Organizations of Students. Established in June 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $161,095.00, this ranks 435,573 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,793 out of 79,991 organizations in MI (Top 15%).

In kent county, MI, the organization ranks 1,041 out of 5,442 nonprofits by assets (Top 19%), while locally in grand rapids, it stands at 749 among 3,320 organizations (Top 23%).

The organization reported annual revenue of $244,000.00, ranking 262,682 nationally (Top 10%) and 7,213 in MI (Top 10%).

Within its specific NTEE classification (B80 - B: Educational Institutions and Related Activities), which includes 6,969 similar organizations, YOUNG MONEY FINANCES ranks 570 in assets (Top 9%) and 469 in revenue (Top 7%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B80: Student Services, Organizations of Students
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$244,000.00
FORM 990 REVENUE AMOUNT
$244,000.00
RULING DATE
06/2019
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$161,095.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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