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Nonprofit · EIN 86-1488393

MONEY INTELLECT ORG

Tax-exempt · TORRANCE, CA 90504

Financials

$157K$118K2025
Revenue Expenses · by fiscal year end
Financials of MONEY INTELLECT ORG by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2026990-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.

NameTitleHours / weekCompensation
Jaream SkillernExecutive Director40$0
Kyle MomonVice chair40$0
Shari MimsTreasurer32$0
Tatiana macdonaldSecretary40$0
Derrick rawlingsMember20$0
Aaron marshMember20$0
Janene WashingtonMember20$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

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.

990-EZ for the year ended January 31, 2026

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 yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026990-EZ on file
2024January 31, 2025June 16, 2025990-N on file
2023January 31, 2024June 17, 2024No 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

FormYear endedRevenueExpensesAssetsReturn
990-EZJanuary 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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