Nonprofit · EIN 76-0707546
INSTITUTE FOR FINANCIAL LITERACY INC
Tax-exempt · PORTLAND, ME 04104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $215,625 | $287,190 | -$71,565 | $447,666 | $17,171 | $430,495 |
| December 31, 2024 | 990 | $220,572 | $232,072 | -$11,500 | $516,232 | $14,172 | $502,060 |
| December 31, 2023 | 990 | $280,801 | $219,656 | $61,145 | $520,422 | $6,862 | $513,560 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,885
- Program service revenue
- $202,352
- Investment income
- $10,388
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $96,221
- Other salaries and wages
- $24,404
- Salaries, compensation and benefits (total)
- $130,516
- Professional fundraising fees
- $0
- Legal fees
- $4,500
- Accounting fees
- $2,881
- Occupancy
- $11,478
- Travel
- $116
- Program services (functional)
- $250,335
- Management and general (functional)
- $30,329
- Fundraising (functional)
- $6,526
Balance sheet and other
- Total assets, start of year
- $516,232
- Total assets, end of year
- $447,666
- Total liabilities, end of year
- $17,171
- Net assets, end of year
- $430,495
- Land, buildings and equipment
- $2,794
- Net assets without donor restrictions
- $430,495
- Gross receipts
- $215,625
- Employees
- 2
- Year formed
- 2002
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL GORDON | EXEC DIR./SE Trustee or director, Officer | 40 | $89,292 | $6,930 |
| JOHN LINFIELD | BOARD CHAIRM Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP SUSMANN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MEGAN FITTON | DIRECTOR (PA Trustee or director | 1 | $0 | $0 |
| GWEN REICHBACH | DIRECTOR (PA Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL GORDON | EXEC DIR./SE Trustee or director, Officer | 40 | $74,128 | $5,910 |
| JOHN LINFIELD | BOARD CHAIRM Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP SUSMANN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| GWEN REICHBACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL GORDON | EXEC DIR./SE Trustee or director, Officer | 45 | $66,761 | $3,899 |
| JOHN LINFIELD | BOARD CHAIRM Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP SUSMANN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JUDI S HUTZLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GWEN REICHBACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1842, PORTLAND, ME 04104-1842
- In care of
- % LESLIE LINFIELD
- Principal officer (990 for 2025)
- RACHEL GORDON, PO BOX 1842, PORTLAND, ME 04104
- Signed the 990
- RACHEL GORDON, EXEC DIR./SECRETARY
- Phone
- (207) 873-0068
- Website
- WWW.FINANCIALLIT.ORG
- Return prepared by
- RUNYON KERSTEEN OUELLETTE
Mission
TO PROMOTE EFFECTIVE FINANCIAL EDUCATION AND COUNSELING. THE INSTITUTE WORKS WITH ORGANIZATIONS ACROSS THE COUNTRY TO INCORPORATE FINANCIAL EDUCATION INTO THEIR EXISTING SERVICES AND IS DEPENDENT UPON INDIVIDUAL AND CORPORATE FINANCIAL SUPPORT TO ACCOMPLISH ITS MISSION.
Program accomplishments
- ANNUAL CONFERENCE ON FINANCIAL EDUCATION: THE ANNUAL CONFERENCE ON FINANCIAL EDUCATION PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR INDIVIDUALS WHO WORK WITH FINANCIAL LITERACY EDUCATION. IN ADDITION TO BEING A CRITICAL NETWORKING EVENT FOR FINANCIAL EDUCATORS, THE CONFERENCE OFFERS ATTENDEES THE OPPORTUNITY TO LEARN ABOUT CURRENT TRENDS, PROMOTE BEST PRACTICES AND, ADVANCE THE CAUSE OF FINANCIAL EDUCATION.Expenses $82,594 · revenue $52,915
- FINCERT.ORG: FORMERLY, THE CENTER FOR FINANCIAL CERTIFICATION. THE MISSION OF FINCERT.ORG IS TO ADVANCE THE PROFESSIONALISM AND EFFECTIVENESS OF EDUCATION AND COUNSELING WITHIN THE FIELD OF FINANCIAL LITERACY. FINCERT.ORG ACCOMPLISHES THIS MISSION BY PROVIDING PROFESSIONAL DEVELOPMENT, TRAINING, AND CERTIFICATION FOR THOSE IN THE FINANCIAL COUNSELING, EDUCATION, AND RELATED FIELDS.Expenses $167,741 · revenue $149,437
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 76-0707546
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $447,666
- Income (IRS master file)
- $215,625
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $215,625 | $287,190 | $447,666 | XML |
| 990 | December 2024 | $220,572 | $232,072 | $516,232 | IRS |
| 990 | December 2023 | $280,801 | $219,656 | $520,422 | XML |
| 990 | December 2022 | $150,784 | $128,907 | $475,167 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0707546).
Questions about INSTITUTE FOR FINANCIAL LITERACY INC
- What is the EIN of INSTITUTE FOR FINANCIAL LITERACY INC?
- The employer identification number (EIN) of INSTITUTE FOR FINANCIAL LITERACY INC is 76-0707546.
- Is INSTITUTE FOR FINANCIAL LITERACY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to INSTITUTE FOR FINANCIAL LITERACY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR FINANCIAL LITERACY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE FOR FINANCIAL LITERACY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR FINANCIAL LITERACY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INSTITUTE FOR FINANCIAL LITERACY INC?
- The 990 for the year ended December 31, 2025 names RACHEL GORDON.
- Who are the officers and directors of INSTITUTE FOR FINANCIAL LITERACY INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $89,292 (RACHEL GORDON, EXEC DIR./SE).
- How much revenue does INSTITUTE FOR FINANCIAL LITERACY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $215,625, expenses of $287,190 and total assets of $447,666 at year end.
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