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Nonprofit · EIN 85-2390648

MONEY MATTERS 4 YOUTH

Tax-exempt (reinstated) · DETROIT, MI 48207

Financials

$445K$442K2024
Revenue Expenses · by fiscal year end
Financials of MONEY MATTERS 4 YOUTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$444,652$442,133$2,519$4,212$0$4,212
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$444,652
of which government grants
$305,622
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,141
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$21,839
Legal fees
$2,549
Accounting fees
$9,465
Occupancy
$14,790
Travel
$131,563
Program services (functional)
$324,511
Management and general (functional)
$48,227
Fundraising (functional)
$69,395

Balance sheet and other

Total assets, start of year
$1,693
Total assets, end of year
$4,212
Total liabilities, end of year
$0
Net assets, end of year
$4,212
Net assets without donor restrictions
$4,212
Gross receipts
$444,652
Employees
0
Volunteers
20
Year formed
2020
State of legal domicile
MI

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Carla WatsonDirector
Trustee or director
3$0
Erica UzzleDirector
Trustee or director
3$0
Ann ConnallyDirector
Trustee or director
3$0
Dorian HoskinsDirector
Trustee or director
3$0
Gail Perry MasonExecutive Director
Trustee or director, Officer
8$0

Address and contacts

Address (IRS master file)
2900 E JEFFERSON AVE STE 6 B, DETROIT, MI 48207-4242
In care of
% GAIL PERRY MASON
Principal officer (990 for 2024)
Gail Perry Mason Director, 2900 E Jefferson Ave Ste 6 B, Detroit, MI 48207
Signed the 990
GAIL PERRY MASON, Executive Director
Phone
(313) 618-5705
Return prepared by
STE Financial Solutions

Mission

Provied counseling and education to youth from the ages of 8 - 18 in the area of financial literacy and responsibility. The organizaion provided programming, tutoring and enrichment through travel, tours, direct learning and practice modules

990 for the year ended December 31, 2024

Program accomplishments

  • Provied counseling and education to youth from the ages of 8 - 18 in the area of financial literacy and responsibility. The organizaion provided programming, tutoring and enrichment through travel, tours, direct learning and practice modules
    Expenses $324,511 · grants $4,140 · revenue $444,652

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
85-2390648
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B80)
Assets (IRS master file)
$4,212
Income (IRS master file)
$444,652

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$444,652$442,133$4,212IRS

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 85-2390648).

Questions about MONEY MATTERS 4 YOUTH

What is the EIN of MONEY MATTERS 4 YOUTH?
The employer identification number (EIN) of MONEY MATTERS 4 YOUTH is 85-2390648.
Is MONEY MATTERS 4 YOUTH tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to MONEY MATTERS 4 YOUTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONEY MATTERS 4 YOUTH 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 MONEY MATTERS 4 YOUTH due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MONEY MATTERS 4 YOUTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MONEY MATTERS 4 YOUTH?
The 990 for the year ended December 31, 2024 names Gail Perry Mason Director.
Who are the officers and directors of MONEY MATTERS 4 YOUTH?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MONEY MATTERS 4 YOUTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $444,652, expenses of $442,133 and total assets of $4,212 at year end.

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