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Nonprofit · EIN 92-0765399

LANGUAGES OF MONEY INSTITUTE INCORPORATED

Tax-exempt · BAY SHORE, NY 11706

Financials

$284K$243K2024
Revenue Expenses · by fiscal year end
Financials of LANGUAGES OF MONEY INSTITUTE INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$284,350$242,681$41,669$41,669$0$41,669
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$240,350
Program service revenue
$44,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$90,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$220
Travel
$8,378
Program services (functional)
$240,695
Management and general (functional)
$1,986

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$41,669
Total liabilities, end of year
$0
Net assets, end of year
$41,669
Net assets without donor restrictions
$41,669
Gross receipts
$284,350
Employees
0
Volunteers
1
Year formed
2022
State of legal domicile
NY

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TREVOR JACKSONDIRECTOR
Trustee or director
1$0
JORDAN AWOYEPRESIDENT
Officer
5$0
VINCELIA LEWISTREASURER
Officer
10$0

Address and contacts

Address (IRS master file)
7 BROOK AVE, BAY SHORE, NY 11706-7404
In care of
% JORDAN AWOYE
Mailing address (990-N for 2023)
7 BROOK AVE, Bay Shore NY 11706
Principal officer (990 for 2024)
JORDAN AWOYE, 7 BROOK AVE, BAY SHORE, NY 11706
Principal officer (990-N for 2023)
JORDAN AWOYE, 7 BROOK AVE, BAY SHORE NY 11706
Signed the 990
JORDAN AWOYE, PRESIDENT
Phone
(631) 398-7452
Return prepared by
T3 ACCOUNTING SERVICES

Mission

We believe that financial education should be accessible to everyone. Our diverse range of programs ensures that individuals from all walks of life can find the resources they need to make informed financial decisions and build a secure future.

990 for the year ended December 31, 2024

Program accomplishments

  • Financial Literacy and Educational Initiatives - provide interactive workshops with a deep dive into financial topics with expert-led sessions. Our organization participated in various financial empowerment events across the United States. These events focus on educating participants about their financial health. We are a core partner with The Hidden Opportunity Summit annual event as part of our specialized events offering to engage in targeted programs designed to address specific financial challenges and opportunities to local communities. Offering financial literacy to those in the workforce in need of development in gaining valuable skills and skills and knowledge to boost financial capabilities in the workplace.
    Expenses $152,301 · grants $140,000 · revenue $34,000
  • Fiscal Sponsorship - Languages of Money Institute (LOMI) provides fiscal sponsorship to groups aligned with its mission to support financial literacy and awareness projects offered by emerging nonprofits. In 2024, we managed a grant in the support of launching financial empowerment solutions in Philadelphia, PA.
    Expenses $90,000 · grants $100,000 · revenue $10,000

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 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
92-0765399
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$41,669
Income (IRS master file)
$284,350

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$284,350$242,681$41,669IRS
990-N for 2023
Officer: JORDAN AWOYE
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: JORDAN AWOYE
December 31, 2022≤ $50,000 receipts––e-Postcard

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 92-0765399).

Questions about LANGUAGES OF MONEY INSTITUTE INCORPORATED

What is the EIN of LANGUAGES OF MONEY INSTITUTE INCORPORATED?
The employer identification number (EIN) of LANGUAGES OF MONEY INSTITUTE INCORPORATED is 92-0765399.
Is LANGUAGES OF MONEY INSTITUTE INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LANGUAGES OF MONEY INSTITUTE INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LANGUAGES OF MONEY INSTITUTE INCORPORATED 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 LANGUAGES OF MONEY INSTITUTE INCORPORATED due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LANGUAGES OF MONEY INSTITUTE INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LANGUAGES OF MONEY INSTITUTE INCORPORATED?
The 990 for the year ended December 31, 2024 names JORDAN AWOYE.
Who are the officers and directors of LANGUAGES OF MONEY INSTITUTE INCORPORATED?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LANGUAGES OF MONEY INSTITUTE INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $284,350, expenses of $242,681 and total assets of $41,669 at year end.

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