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Nonprofit · EIN 87-3800974

COMMON SENSE FINANCE INC

Tax-exempt · NASHVILLE, TN 37221

Financials

$2K$4182023$1K$9402024$32K$31K2025
Revenue Expenses · by fiscal year end
Financials of COMMON SENSE FINANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$32,367$31,154$1,213$31,127$3,257$27,870
December 31, 2024990-EZ$1,264$940$324$26,683$26$26,657
December 31, 2023990-EZ$1,751$418$1,333$26,359$26$26,333
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$31,367
Investment income
$1,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,560
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$30,560
Other expenses
$594
Program services (functional)
$30,560

Balance sheet and other

Total assets, start of year
$26,683
Total assets, end of year
$31,127
Total liabilities, end of year
$3,257
Net assets, end of year
$27,870
Cash, savings and investments
$28,415
Gross receipts
$32,367

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Glenn TurtelChief Executive Officer4$23,188
Catherine OlsonProgram Director2$7,372
Glenn E TurtelTreasurer1$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Glenn TurtelChief Executive Officer1$0
Catherine OlsonProgram Director0$0
Glenn E TurtelTreasurer1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Glenn TurtelChief Executive Officer1$0
Taylor AndrewBoard Treasurer0$0
Michael BurgevinBoard Secretary0$0

Address and contacts

Address (IRS master file)
2998 POLO CLUB RD, NASHVILLE, TN 37221-4385
In care of
% GLENN TURTEL
Signed the 990-EZ
Glenn Turtel, CEO
Phone
(646) 295-8095

Mission

Common Sense Finance (CSF) brings the knowledge and tools of the wealthy to middle and low-income families. CSF also provides back office consulting & support primarily to schools and other non-profit organization.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Provided training on personal finance including investing options and cash reserves.
  • Provided back office support
    Expenses $30,560

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-3800974
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
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P51)
Assets (IRS master file)
$31,127
Income (IRS master file)
$32,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$32,367$31,154$31,127XML
990-EZDecember 2024$1,264$940$26,683IRS
990-EZDecember 2023$1,751$418$26,359XML
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 87-3800974).

Questions about COMMON SENSE FINANCE INC

What is the EIN of COMMON SENSE FINANCE INC?
The employer identification number (EIN) of COMMON SENSE FINANCE INC is 87-3800974.
Is COMMON SENSE FINANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to COMMON SENSE FINANCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMON SENSE FINANCE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of COMMON SENSE FINANCE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMON SENSE FINANCE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of COMMON SENSE FINANCE INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $23,188 (Glenn Turtel, Chief Executive Officer).
How much revenue does COMMON SENSE FINANCE INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $32,367, expenses of $31,154 and total assets of $31,127 at year end.

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