Overview
What is Young Money Finances?
Young Money Finances is a nonprofit organization situated in Grand Rapids, Michigan, specifically at 454 Crawford Street SE, ZIP code 49506. Their primary mission is to educate and empower both youth and families in the realm of personal finance, promoting the development of sound financial habits. By offering comprehensive education, Young Money Finances strives to equip its community members with the necessary tools to manage their finances effectively and responsibly.
Official website here: www.ymfgr.org
Is Young Money Finances legitimate?
Young Money Finances is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Money Finances submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ymfgr.org
What is the mission statement of Young Money Finances?
Young Money Finances, as an organization, is dedicated to empowering both youth and their families, fostering the development of sound financial habits. Their mission is centered around this objective, aiming to equip these groups with the necessary knowledge and skills to manage their finances effectively and responsibly. The organization's primary activity involves providing financial education to its targeted audience, enabling them to make informed decisions and build a solid financial future.
Official website here: www.ymfgr.org
Who is the CEO of Young Money Finances?
Dondrea Brown is the Executive Director of Young Money Finances.
Official website here: www.ymfgr.org
What is the revenue of Young Money Finances?
Young Money Finances's revenue in 2022 was $290,921.
Official website here: www.ymfgr.org
Who are the executives of Young Money Finances and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $31,200
- Related: $31,200
- Other: $31,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ymfgr.org
Where can I find the form 990 for Young Money Finances?
Young Money Finances's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ymfgr.org
Learn more at the official website: www.ymfgr.org
Mission Statement of Young Money Finances
Young Money Finances, as an organization, is dedicated to a mission that empowers youth and families. In simpler terms, they strive to instill in their community the importance of cultivating sound financial habits. Their primary objective is to equip young individuals and families with the necessary skills to manage their finances effectively. Through their various initiatives, they aim to foster financial literacy and responsibility, ultimately allowing their constituents to lead financially healthy lives.
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Impact
October, 2024
Young Money Finances significantly impacts the Grand Rapids community by empowering youth and families to develop healthy financial behaviors. Through targeted financial education programs, the organization equips participants with essential skills and knowledge to make informed financial decisions. This proactive approach fosters a culture of financial literacy, enabling individuals to manage their resources effectively, plan for the future, and break cycles of financial instability. By focusing on education, Young Money Finances not only enhances the financial awareness of its participants but also contributes to the overall economic well-being of families in the area.
This information is meant to be a general summary of Young Money Finances. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,321
- Gross Receipts: $290,921
Assets and Liabilities:
- Total Assets: $147,095
- Total Liabilities: $0
- Net Assets: $147,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$2,321
Organization Details
Founding Year
2019
Phone
(616) 202-1470Principal Officer
Dondrea Brown
Main Address
454 CRAWFORD ST SE, GRAND RAPIDS, MI, 49506
Website
www.ymfgr.orgNTEE Category
Code: B80 - Education
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