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Community Development : Housing and Neighborhood Development

EARN, Inc.

Big dreams start with small savings.

two stars

78.66

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

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 78.66 two stars
  Financial 70.91 two stars
  Accountability & Transparency 92.00 four stars
This rating was published 05/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

two stars

70.91

Accountability & Transparency

four stars

92.00

This rating was published 05/01/2017 and includes data from FY2015, 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)
70.7%
  Administrative Expenses 16.1%
  Fundraising Expenses 13.1%
  Fundraising Efficiency $0.19
  Working Capital Ratio (years) 0.57
  Program Expenses Growth -15.6%
  Liabilities to Assets 40.7%
All data for Financial Performance Metrics calculations was provided by EARN, Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by EARN, Inc. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
EARN, Inc. (CA) 78.66 two stars
Goodcity (IL) 90.85 four stars
ACCION San Diego (CA) 94.74 four stars
Hebrew Free Loan Society (NY) 88.55 three stars
Four Bands Community Fund (SD) 94.14 four stars

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EARN is a national nonprofit that gives working families the power to create prosperity for generations. As the nation's leading nonprofit microsavings provider, EARN gives families the tools to save, build wealth, and achieve life-changing results. EARN's ultimate vision is that millions of well-informed, working American families will achieve financial success through proven strategies, fair public policy, and their own hard work.

EARN delivers innovative savings programs, conducts original asset-building research, and advocates for effective public policy. EARN further promotes asset-building by working with strategic partners to design and implement impactful savings programs. Our programs and services transform the lives of working families by helping them build long-term financial capability.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,473,780
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $151,954
   Related Organizations $0
   Government Grants $0
Total Contributions $2,625,734
   Program Service Revenue $0
Total Primary Revenue $2,625,734
   Other Revenue $99,448
TOTAL REVENUE $2,725,182
   
EXPENSES  
   Program Expenses $1,898,882
   Administrative Expenses $320,141
   Fundraising Expenses $334,626
TOTAL FUNCTIONAL EXPENSES $2,553,649
   
Payments to Affiliates $0
Excess (or Deficit) for the year $171,533
   
Net Assets $2,094,249

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
Matched Savings Accounts $1,898,882 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2014
  • December, 2013
  • December, 2012
  • December, 2011
  • December, 2010

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

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Compensation % of Expenses Paid to Title
$53,494 2.09% Leigh Phillips Chief Executive Officer
Other Salaries of Note
$130,026 5.09% Nga Janosov Interim Chief Executive Officer
$73,892 2.89% Steven Wright Former Chief Executive Officer

EARN is a national nonprofit that gives working families the power to create prosperity for generations. As the nation's leading nonprofit microsavings provider, EARN gives families the tools to save, build wealth, and achieve life-changing results. EARN's ultimate vision is that millions of well-informed, working American families will achieve financial success through proven strategies, fair public policy, and their own hard work.

EARN delivers innovative savings programs, conducts original asset-building research, and advocates for effective public policy. EARN further promotes asset-building by working with strategic partners to design and implement impactful savings programs. Our programs and services transform the lives of working families by helping them build long-term financial capability.

Highly Rated

Charity Name & State Overall Score Overall Rating
EARN, Inc. (CA) 78.66 two stars
Tides Center (CA) 90.69 four stars
Hebrew Free Loan of Metropolitan Detroit (MI) 95.90 four stars
Commonwealth (MA) 92.22 four stars
Hebrew Free Loan Society (NY) 88.55 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

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

Visit Web Site

Board Leadership

Nick Eaton
Board Chair

CEO

Leigh Phillips
Chief Executive Officer

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