I Earn Inc
I Earn Inc shows recent revenue growth and no reported officer compensation, but assets have declined while liabilities have significantly increased since 2016.
EIN: 133782233 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $4.7M |
| Program Spending | 80% |
| Net Assets | $428K |
| Transparency Score | 85/100 |
Is I Earn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
I Earn Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About I Earn Inc
I Earn Inc (EIN: 133782233) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $5.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Earn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
I Earn Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$112K |
| Total Assets | $1.8M |
| Total Liabilities | $1.4M |
| Net Assets | $428K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 76.8% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, I Earn Inc reported a surplus of $112K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 76.8% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), I Earn Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.0% | -10.2% | +65.6% |
| 2022 | +34.8% | +39.1% | +98.0% |
| 2021 | +40.8% | +27.9% | -3.9% |
| 2020 | -24.1% | -28.2% | -64.2% |
| 2019 | -18.3% | -1.5% | -73.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates I Earn Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, I Earn Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $112K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.8%.
Executive Compensation Analysis
I Earn Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of I Earn Inc's IRS 990 filings:
- Significant increase in liabilities from $43,947 in 2016 to $1,414,801 in 2023.
- Substantial decrease in assets from a peak of $6,677,061 in 2016 to $1,842,446 in 2023.
Strengths
The following positive indicators were identified for I Earn Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Recent revenue consistently exceeding expenses (e.g., $4,763,776 revenue vs. $4,651,746 expenses in 2023).
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
- Positive net income in most recent years, indicating financial stability in operations.
Frequently Asked Questions about I Earn Inc
Is I Earn Inc a legitimate charity?
I Earn Inc (EIN: 133782233) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does I Earn Inc spend its money?
I Earn Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to I Earn Inc tax-deductible?
I Earn Inc is registered as a tax-exempt nonprofit (EIN: 133782233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of I Earn Inc's spending goes to programs?
I Earn Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does I Earn Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), I Earn Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is I Earn Inc located?
I Earn Inc is headquartered in New York, New York and files with the IRS under EIN 133782233. It is classified under NTEE code Q300.
How many years of IRS 990 filings does I Earn Inc have?
I Earn Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.1M in total revenue.
What caused the significant increase in liabilities from $43,947 in 2016 to $1,414,801 in 2023?
The provided data does not specify the nature of these liabilities, but this substantial increase warrants further investigation into the organization's financial obligations.
Why have assets decreased from a high of $6,677,061 in 2016 to $1,842,446 in 2023?
The decline in assets could be due to various factors such as asset sales, depreciation, or increased spending. A detailed look at the balance sheet would be needed to understand this trend.
How does I Earn Inc manage to operate without reporting any officer compensation?
This could indicate that executive leadership is entirely volunteer-based, compensated through other means not classified as officer compensation, or that the organization has a unique operational structure. This is a notable financial practice.
Filing History
IRS 990 filing history for I Earn Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), I Earn Inc's revenue has declined by 18.8%, moving from $5.9M to $4.8M. Total assets decreased by 70.3% over the same period, from $6.2M to $1.8M. Total functional expenses fell by 17.7%, from $5.7M to $4.7M. In its most recent filing year (2023), I Earn Inc reported a surplus of $112K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $1.8M in assets (debt-to-asset ratio: 76.8%), resulting in net assets of $428K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.7M | $1.8M | $1.4M | — | View 990 |
| 2022 | $5.1M | $5.2M | $1.1M | $797K | — | View 990 |
| 2021 | $3.8M | $3.7M | $562K | $137K | — | View 990 |
| 2020 | $2.7M | $2.9M | $585K | $197K | — | View 990 |
| 2019 | $3.5M | $4.1M | $1.6M | $90K | — | View 990 |
| 2018 | $4.3M | $4.1M | $6.1M | $322K | — | View 990 |
| 2017 | $3.4M | $4.5M | $5.6M | $50K | — | View 990 |
| 2016 | $4.5M | $4.1M | $6.7M | $44K | — | View 990 |
| 2015 | $5.6M | $4.7M | $6.3M | $77K | — | View 990 |
| 2014 | $6.0M | $7.6M | $5.4M | $80K | — | View 990 |
| 2013 | $5.8M | $7.0M | $7.3M | $361K | — | View 990 |
| 2012 | $6.8M | $5.3M | $8.3M | $236K | — | View 990 |
| 2011 | $6.5M | $5.9M | $6.7M | $196K | — | View 990 |
| 2010 | $5.9M | $5.7M | $6.2M | $204K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.7M, and assets of $1.8M (revenue -6.0% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.2M, and assets of $1.1M (revenue +34.8% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.7M, and assets of $562K (revenue +40.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.9M, and assets of $585K (revenue -24.1% year-over-year).
- 2019: Revenue of $3.5M, expenses of $4.1M, and assets of $1.6M (revenue -18.3% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.1M, and assets of $6.1M (revenue +26.1% year-over-year).
- 2017: Revenue of $3.4M, expenses of $4.5M, and assets of $5.6M (revenue -23.7% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.1M, and assets of $6.7M (revenue -19.5% year-over-year).
- 2015: Revenue of $5.6M, expenses of $4.7M, and assets of $6.3M (revenue -7.9% year-over-year).
- 2014: Revenue of $6.0M, expenses of $7.6M, and assets of $5.4M (revenue +3.6% year-over-year).
- 2013: Revenue of $5.8M, expenses of $7.0M, and assets of $7.3M (revenue -14.5% year-over-year).
- 2012: Revenue of $6.8M, expenses of $5.3M, and assets of $8.3M (revenue +5.5% year-over-year).
- 2011: Revenue of $6.5M, expenses of $5.9M, and assets of $6.7M (revenue +10.2% year-over-year).
- 2010: Revenue of $5.9M, expenses of $5.7M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for I Earn Inc:
Data Sources and Methodology
This transparency report for I Earn Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.