Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MY MONEY WORKSHOP INC is a nonprofit organization dedicated to educating individuals on financial management and empowering them to make informed financial decisions. With an operating budget of $112.8K and total revenue of $100.1K for the filing year 2024, the organization partners with community organizations to provide customized financial literacy workshops aimed at fostering financial self-sufficiency. Notably, it receives substantial support from major funders, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, NATIONAL PHILANTHROPIC TRUST, and JPMORGAN CHASE FOUNDATION, none of which provide over 50% of its revenue.

Mission Statement

MY MONEY WORKSHOP'S MISSION IS TO EDUCATE PEOPLE TO MANAGE THEIR FINANCES WISELY AND TO MAKE A LIFETIME OF INFORMED DECISIONS. WE TEACH PEOPLE TO UNDERSTAND THE DECISIONS THEY MAKE ABOUT MONEY SO THEY CAN BUILD POSITIVE FINANCIAL FUTURES. WE KNOW THAT EDUCATION ALONE DOES NOT CHANGE BEHAVIOR. WE CREATE INDIVIDUALIZED AND CUSTOMIZED FINANCIAL LITERACY WORKSHOPS THAT HELP EMPOWER COMMUNITY MEMBERS ON THEIR PERSONAL JOURNEY TOWARDS FINANCIAL SELF-SUFFICIENCY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO GIVE STUDENTS AND ADULTS THE RESOURCES THEY NEED TO BE SET UP FOR ECONOMIC SUCCESS. WE EDUCATE AND EMPOWER INDIVIDUALS TO MANAGE THEIR FINANCES,
Revenues
$100.1K
Expenses
$112.8K
Net Income:
-$12.7K
Assets
$55.1K
Liabilities
$0
Net Assets:
+$55.1K
Operating Budget
$112.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$2.5K
Largest grant received
$2.5K
E
Earle Yaffa
Board Member
E
Eric Ribachonek
Board Member
R
Robert Yaffa
Board Member

Frequently Asked Questions

What is MY MONEY WORKSHOP INC’s budget?
In 2024, MY MONEY WORKSHOP INC reported an annual operating budget of around $113 thousand. More detailed financial information is available to registered users.
What causes does MY MONEY WORKSHOP INC support?
MY MONEY WORKSHOP INC supports work in Financial counseling and Education services.
Where does MY MONEY WORKSHOP INC operate?
MY MONEY WORKSHOP INC is headquartered in New York, NY.
Who funded MY MONEY WORKSHOP INC recently?
In 2024, MY MONEY WORKSHOP INC received grants from CHARINA FOUNDATION INC RICHARD MENSCHEL, The Joseph H Flom Foundation, and NATIONAL PHILANTHROPIC TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant MY MONEY WORKSHOP INC received in 2024?
The largest grant to MY MONEY WORKSHOP INC in 2024 exceeds $2,500.