Money Savvy Generation Foundation
Money Savvy Generation Foundation experiences significant revenue growth in 2023 but maintains minimal assets.
EIN: 200618098 · Scottsdale, AZ · NTEE: B90 · Updated: 2026-03-28
Is Money Savvy Generation Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Money Savvy Generation Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Money Savvy Generation Foundation
Money Savvy Generation Foundation (EIN: 200618098) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code B90. The organization reported total revenue of $496K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Money Savvy Generation Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Money Savvy Generation Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $497K |
| Total Expenses | $498K |
| Surplus / Deficit | $-422 |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | -0.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Money Savvy Generation Foundation reported a deficit of $422 with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Money Savvy Generation Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +545.5% | +551.9% | -10.5% |
| 2022 | +2.3% | -22.0% | +19.0% |
| 2021 | -20.9% | +15.1% | -84.6% |
| 2020 | +5.7% | -7.0% | +60.1% |
| 2019 | -14.8% | -13.5% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Money Savvy Generation Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Money Savvy Generation Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $422, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly unusual for an organization with fluctuating revenues up to nearly $500,000.
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 Money Savvy Generation Foundation's IRS 990 filings:
- Extremely low asset base relative to revenue, indicating potential financial instability (e.g., $4,396 assets vs. $497,408 revenue in 2023).
- Consistent near-zero liabilities, which while positive, combined with low assets, suggests a lack of financial planning for future growth or contingencies.
Strengths
The following positive indicators were identified for Money Savvy Generation Foundation:
- Zero officer compensation across all reported periods, indicating a strong commitment to directing funds towards the mission.
- Significant revenue growth in 2023, suggesting increased donor support or program reach.
Frequently Asked Questions about Money Savvy Generation Foundation
Is Money Savvy Generation Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Money Savvy Generation Foundation (EIN: 200618098) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
How does Money Savvy Generation Foundation spend its money?
Money Savvy Generation Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Money Savvy Generation Foundation tax-deductible?
Money Savvy Generation Foundation is registered as a tax-exempt nonprofit (EIN: 200618098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Money Savvy Generation Foundation a good charity?
The organization shows a strong commitment to its mission by not paying officer compensation, which is a positive indicator. However, its extremely low asset base (e.g., $4,396 in 2023) raises concerns about financial stability and long-term sustainability, making it difficult to definitively label it as 'good' without further insight into its operational model.
Why are the assets so low compared to revenue?
The consistently low asset levels, such as $4,396 in 2023 against $497,408 in revenue, suggest that the organization operates on a very lean model, spending nearly all its income each year. This could indicate a lack of reserves for future operations or unexpected expenses.
What caused the significant revenue increase in 2023?
The revenue jumped from $77,055 in 2022 to $497,408 in 2023. The filings do not provide specific details on the source of this substantial increase, which could be a one-time grant, a new major donor, or a significant expansion of programs.
Filing History
IRS 990 filing history for Money Savvy Generation Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Money Savvy Generation Foundation's revenue has grown by 370%, moving from $106K to $497K. Total assets decreased by 94.8% over the same period, from $85K to $4K. Total functional expenses rose by 202.2%, from $165K to $498K. In its most recent filing year (2023), Money Savvy Generation Foundation reported a deficit of $422, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $497K | $498K | $4K | $0 | — | View 990 |
| 2022 | $77K | $76K | $5K | $96 | — | — |
| 2021 | $75K | $98K | $4K | $0 | — | View 990 |
| 2020 | $95K | $85K | $27K | $0 | — | — |
| 2019 | $90K | $91K | $17K | $0 | — | View 990 |
| 2018 | $106K | $106K | $18K | $0 | — | View 990 |
| 2017 | $96K | $108K | $18K | $0 | — | View 990 |
| 2016 | $160K | $140K | $30K | $0 | — | View 990 |
| 2015 | $201K | $244K | $60K | $50K | — | View 990 |
| 2014 | $288K | $253K | $88K | $35K | — | View 990 |
| 2013 | $460K | $401K | $51K | $33K | — | View 990 |
| 2012 | $298K | $347K | $89K | $130K | — | View 990 |
| 2011 | $106K | $165K | $85K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $497K, expenses of $498K, and assets of $4K (revenue +545.5% year-over-year).
- 2022: Revenue of $77K, expenses of $76K, and assets of $5K (revenue +2.3% year-over-year).
- 2021: Revenue of $75K, expenses of $98K, and assets of $4K (revenue -20.9% year-over-year).
- 2020: Revenue of $95K, expenses of $85K, and assets of $27K (revenue +5.7% year-over-year).
- 2019: Revenue of $90K, expenses of $91K, and assets of $17K (revenue -14.8% year-over-year).
- 2018: Revenue of $106K, expenses of $106K, and assets of $18K (revenue +10.0% year-over-year).
- 2017: Revenue of $96K, expenses of $108K, and assets of $18K (revenue -40.0% year-over-year).
- 2016: Revenue of $160K, expenses of $140K, and assets of $30K (revenue -20.5% year-over-year).
- 2015: Revenue of $201K, expenses of $244K, and assets of $60K (revenue -30.1% year-over-year).
- 2014: Revenue of $288K, expenses of $253K, and assets of $88K (revenue -37.4% year-over-year).
- 2013: Revenue of $460K, expenses of $401K, and assets of $51K (revenue +54.2% year-over-year).
- 2012: Revenue of $298K, expenses of $347K, and assets of $89K (revenue +181.6% year-over-year).
- 2011: Revenue of $106K, expenses of $165K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Money Savvy Generation Foundation:
Data Sources and Methodology
This transparency report for Money Savvy Generation Foundation 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.