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Community Development : Housing and Neighborhood Development

SaverLife

Change the Balance

four stars

91.23

235 Montgomery St. Suite 1050
San Francisco, CA 94104
tel: (415) 217-3666   Web Site
EIN: 91-2172676

Board Leadership
Nick Eaton
Board Chair

CEO
Leigh Phillips
Chief Executive Officer & President

  Score
(out of 100)
Rating
Overall Score & Rating 91.23 four stars
  Financial 87.60 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.

SaverLife's (formerly EARN) mission is to create prosperity for working families by helping them save and invest in their futures. We are a national nonprofit working to inspire, inform, and reward the millions of Americans who need help saving money. Through engaging technologies and strategic partnerships, we give working people the methods and motivation to take control of their financial future.

Combining innovative platforms to engage and inspire savers, big data analytics that spur insight and perspective, and collaborative ventures throughout the business sector, SaverLife works in sync to deliver meaningful and systemic change.

SaverLife's (formerly EARN) mission is to create prosperity for working families by helping them save and invest in their futures. We are a national nonprofit working to inspire, inform, and reward the millions of Americans who need help saving money. Through engaging technologies and strategic partnerships, we give working people the methods and motivation to take control of their financial future.

Combining innovative platforms to engage and inspire savers, big data analytics that spur insight and perspective, and collaborative ventures throughout the business sector, SaverLife works in sync to deliver meaningful and systemic change.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 4
Total in 2018
Number of reports written/published
9
Number of groups/individuals benefiting from tools/resources/education materials provided
144,182
Number of savings accounts used by clients
18,799
Number of participants engaged in programs
144,182
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

87.60

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.6%
  Administrative Expenses 12.8%
  Fundraising Expenses 10.5%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.86
  Program Expenses Growth 11.4%
  Liabilities to Assets 27.1%
All data for Financial Performance Metrics calculations was provided by SaverLife on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by SaverLife on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
SaverLife (CA) 91.23 four stars
Ventures (WA) 90.41 four stars
ACCION San Diego (CA) 94.74 four stars
Women's Business Development Center (IL) 93.39 four stars
Hebrew Free Loan Society (NY) 90.93 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,890,969
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $64,420
Total Contributions $3,955,389
   Program Service Revenue $0
Total Primary Revenue $3,955,389
   Other Revenue $70,764
TOTAL REVENUE $4,026,153
   
EXPENSES  
   Program Expenses $3,075,376
   Administrative Expenses $307,706
   Fundraising Expenses $327,753
TOTAL FUNCTIONAL EXPENSES $3,710,835
   
Payments to Affiliates $0
Excess (or Deficit) for the year $315,318
   
Net Assets $2,605,591

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
SaverLife Program $1,742,707 56.7%
Policy Maker Education $714,601 23.2%
Saving Tools and Programs $418,511 13.6%
Big Data Research $199,557 6.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 04/01/2019 91.23 four stars
2016-12 05/01/2018 80.88 three stars
2015-12 12/22/2017 79.43 two stars
2015-12 05/01/2017 78.66 two stars
2014-12 06/01/2016 78.71 two stars
 
CN 2.0
2014-12 04/01/2016 72.28 two stars
2014-12 03/01/2016 71.84 two stars
2013-12 12/01/2015 85.60 three stars
2013-12 07/01/2015 83.63 three stars
2012-12 02/01/2014 89.88 three stars
2011-12 03/01/2013 94.93 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 91-2172676
Name in IRS Master File EARN INC
NTEE Code T99
NTEE Classification Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$208,689 5.62% Leigh Phillips CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
SaverLife (CA) 91.23 four stars
Ventures (WA) 90.41 four stars
ACCION San Diego (CA) 94.74 four stars
Foundation for Financial Planning (DC) 96.23 four stars
Hebrew Free Loan of Metropolitan Detroit (MI) 89.19 three stars

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Charity Contact Info

SaverLife
235 Montgomery St.
Suite 1050
San Francisco, CA 94104
tel: (415) 217-3666
fax: (415) 217-3663
EIN: 91-2172676

Visit Web Site

Board Leadership

Nick Eaton
Board Chair

CEO

Leigh Phillips
Chief Executive Officer & President

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