Form 990 for tax year 2023

Filed by MAKING CHANGE INC.

What the amendment changed

Compared with the return it replaced , filed 11 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue: $409,982
Total expenses: $402,457
Contributions and grants received: $408,413
Grants paid: $0
Program service revenue: $1,200
Investment income: $369
Other revenue: $0
Total assets, end of year: $102,163
Total liabilities, end of year: $30,570
Net assets or fund balances, end of year: $71,593
Program services expenses (Part IX): $250,422
Management and general expenses: $107,821
Fundraising expenses: $44,214
Program service expenses (Part III): $250,422

Program services were 62.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$297,458
1f · All other contributions, gifts and grants

$110,955
2a · Program service revenue: PROGRAM SERVICE FEES

total $1,200 · related or exempt $1,200
3 · Investment income

total $369 · related or exempt $369

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $129,583 · program services $32,396 · management and general $58,312 · fundraising $38,875
7 · Other salaries and wages

total $171,240 · program services $166,445 · management and general $4,795
9 · Other employee benefits

total $3,187 · program services $837 · management and general $1,442 · fundraising $908
10 · Payroll taxes

total $23,449 · program services $14,747 · management and general $5,358 · fundraising $3,344
11c · Fees: accounting

total $11,444 · management and general $11,444
11g · Fees: other

total $11,559 · program services $6,129 · management and general $4,522 · fundraising $908
12 · Advertising and promotion

total $2,722 · program services $1,892 · management and general $830
13 · Office expenses

total $13,510 · management and general $13,510
16 · Occupancy

total $4,879 · management and general $4,879
17 · Travel

total $859 · program services $859
23 · Insurance

total $3,041 · program services $1,729 · management and general $1,176 · fundraising $136
24a · Other expenses: PROGRAM EXPENSES

total $21,035 · program services $20,905 · management and general $130
24b · Other expenses: STAFF DEVELOPMENT

total $3,162 · program services $3,162
24c · Other expenses: TELEPHONE

total $1,933 · program services $1,933
24d · Other expenses: DUES AND SUBSCRIPTIONS

total $748 · management and general $748
24e · All other expenses

total $106 · program services -$612 · management and general $675 · fundraising $43

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $37,325 · end of year $34,611
3 · Pledges and grants receivable

beginning of year $24,120 · end of year $45,757
4 · Accounts receivable

beginning of year $3,512
9 · Prepaid expenses and deferred charges

beginning of year $4,508 · end of year $3,961
15 · Other assets

beginning of year $21,326 · end of year $17,834
17 · Accounts payable and accrued expenses

beginning of year $1,456 · end of year $697
25 · Other liabilities

beginning of year $25,268 · end of year $29,873
27 · Net assets without donor restrictions

beginning of year $64,067 · end of year $71,593

Mission and programs · 2023

Mission

MAKING CHANGE, INC. PROVIDES FREE ONE-ON-ONE FINANCIAL COUNSELING TO INDIVIDUALS, AS WELL AS CUSTOMIZED FINANCIAL EDUCATION IN GROUP SETTINGS THROUGH ITS PARTNERSHIPS WITH LOCAL EMPLOYERS, COMMUNITY ORGANIZATIONS AND GOVERNMENTAL AGENCIES.

FINANCIAL COUNSELING: OUR MISSION IS ACHIEVED BY PROVIDING FINANCIAL SEMINARS, PERSONAL FINANCIAL COACHING, AND FREE TAX PREPARATION SERVICES, AS WELL AS, OUTREACH EFFORTS. ALTHOUGH OUR PROGRAMS ADDRESS ISSUES OF CONCERN TO PEOPLE OF ALL AGES AND INCOME LEVELS, WE FOCUS PRIMARILY ON LOW INCOME POPULATIONS. OUR INTENT IS TO HELP INDIVIDUALS WORK TOWARDS SELF-SUFFICENCY. WE CONTINUE TO PARTNER WITH COMMUNITY ORGANIZATIONS TO INCREASE THE NUMBER OF PEOPLE WHO BENEFIT FROM OUR PROGRAMS.

Expenses $250,422 · Revenue $1,200

As filed on the 2023 return.

Listed in Part VII

DEBORAH A COLSON

CHAIR

Total calculated

$0

Hours/week

5
ASHLEY LAZAREWICZ

TREASURER

Total calculated

$0

Hours/week

5
VALERIE JAMES

SECRETARY

Total calculated

$0

Hours/week

5
KATIE DEAN

DIRECTOR

Total calculated

$0

Hours/week

5
JASON WHONG

DIRECTOR

Total calculated

$0

Hours/week

5
CATHERINE B HARRINGTON

DIRECTOR

Total calculated

$0

Hours/week

5
ASHLIE SOWERS

DIRECTOR

Total calculated

$0

Hours/week

5
JASMINE BREWER

EXECUTIVE DIRECTOR

Total calculated

$127,500

From this org

$127,500

From related orgs

$0

Other

$0

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 12 January 2025
IRS schema version: 2023v6.0
Source object: 202520159349300302

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.