Nonprofit · EIN 86-1488393
MONEY INTELLECT ORG
Tax-exempt · TORRANCE, CA 90504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2026 | 990-EZ | $156,680 | $118,414 | $38,266 | $61,266 | – | $61,266 |
Financial details: 990-EZ for the year ended January 31, 2026
Revenue
- Contributions, gifts and grants
- $148,680
- Program service revenue
- $8,000
- Investment income
- $0
- Other revenue
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $12,000
- Professional fees and payments to contractors
- $2,500
- Occupancy
- $15,168
- Printing, publications and postage
- $1,920
- Other expenses
- $86,826
- Program services (functional)
- $103,246
Balance sheet and other
- Total assets, start of year
- $23,000
- Total assets, end of year
- $61,266
- Total liabilities, end of year
- –
- Net assets, end of year
- $61,266
- Cash, savings and investments
- $27,220
- Gross receipts
- $156,680
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-EZ for the year ended January 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jaream Skillern | Executive Director | 40 | $0 |
| Kyle Momon | Vice chair | 40 | $0 |
| Shari Mims | Treasurer | 32 | $0 |
| Tatiana macdonald | Secretary | 40 | $0 |
| Derrick rawlings | Member | 20 | $0 |
| Aaron marsh | Member | 20 | $0 |
| Janene Washington | Member | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 17725 CRENSHAW BLVD STE 206, TORRANCE, CA 90504-4154
- Mailing address (990-N for 2024)
- 17725 Crenshaw blvd suite 206, Torrance CA 90504
- Principal officer (990-N for 2024)
- Jaream Skillern, 11514 south van ness ave, Hawthorne CA 90250
- Signed the 990-EZ
- Jaream Skillern, Executive Director
- Phone
- (310) 756-6395
- Website
- www.moneyintellect.org
Mission
To provide financial literacy education, career development, leadership training, and supportive services that promote economic self-sufficiency and improve the quality of life for low-income youth, families, formerly incarcerated individuals, and other underserved populations.
Program accomplishments
- Money Intellect provides free financial education, career readiness, entrepreneurship training, and workforce development services to low-income youth, justice- impacted re entering from incarceration and families throughout Los Angeles County. Participants receive instruction in budgeting, credit, banking, saving, investing, career planning, resume development, interview preparation, college and vocational guidance, and employment readiness through online and in-person programming. Hundreds of youth and low-income residents participated in financial education and career development activities during the year. Participants gained practical financial management skills, improved employment readiness, and increased access to educational and career opportunities through individualized coaching and educational workshops.Expenses $12,000
- Through its Grandma House program, Money Intellect rescues and distributes nutritious food and essential household items to individuals and families experiencing food insecurity. Services include healthy groceries, prepared meals, bottled water, hygiene products, clothing, shoes, and other necessities distributed through mobile outreach, community events, and direct assistance. Thousands of homeless individuals, seniors, low-income families, and vulnerable community members received assistance throughout Los Angeles County. The organization rescued and redistributed hundreds of thousands of pounds of food and essential items through partnerships with restaurants, grocery stores, and community organizations, helping reduce hunger while minimizing food waste.Expenses $86,826
- Money Intellect operates a paid youth internship and leadership development program designed to prepare recent high school graduates and young adults for higher education, nonprofit leadership, and long-term career success. Interns receive paid work experience, mentoring, leadership training, financial education, and opportunities to participate in community service projects. Youth interns successfully completed structured internship experiences while serving their communities and developing professional skills. Program participants gained valuable workforce experience, leadership skills, and career preparation. Graduates secured employment in the nonprofit sector or pursued entrepreneurial opportunities after completing the program.Expenses $4,420
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 January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | 990-EZ on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990-N on file |
| 2023 | January 31, 2024 | June 17, 2024 | No data |
IRS record
- EIN
- 86-1488393
- 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
- 2022
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J20)
- Assets (IRS master file)
- $61,266
- Income (IRS master file)
- $156,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | January 2026 | – | – | – | IRS |
| 990-N for 2024 Officer: Jaream Skillern | January 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MONEY INTELLECT ORG
- What is the EIN of MONEY INTELLECT ORG?
- The employer identification number (EIN) of MONEY INTELLECT ORG is 86-1488393.
- Is MONEY INTELLECT ORG tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MONEY INTELLECT ORG tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONEY INTELLECT ORG 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 INTELLECT ORG due?
- The return for tax year 2026 (the year ending January 31, 2027) is due June 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONEY INTELLECT ORG last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended January 2026.
- Who is the principal officer of MONEY INTELLECT ORG?
- The 990-N for 2024 names Jaream Skillern.
- Who are the officers and directors of MONEY INTELLECT ORG?
- The 990-EZ for the year ended January 31, 2026 lists 7 people; 0 received compensation from the organization.
- How much revenue does MONEY INTELLECT ORG have?
- On its 990-EZ for the year ended January 31, 2026 it reported revenue of $156,680, expenses of $118,414 and total assets of $61,266 at year end.
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