Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
3 people listed on the 990; $581K paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Ivy Brown | $346,070 | $293,654 | — | — | — |
| Carrie J Grimes | — | — | — | $165,367 | $299,849 |
| Rachel Lauter | — | $235,303 | $212,216 | — | — |
| Anthony Lower-Basc | $230,184 | — | — | — | — |
| Carrie Joy Grimes | $209,340 | $116,119 | $228,712 | — | — |
| Kathryn Bethell | — | — | $227,596 | — | — |
| Winsor Aldeborgh | $181,643 | $224,814 | $204,417 | — | — |
| Anjali Sakaria | $223,135 | $220,865 | $197,400 | $200,000 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Helps Americans reduce expenses and increase earnings.
Questions for Workmoney INC
Your first name shows with your question. Workmoney INC answers here, for everyone.
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Outreach
Workmoney communicated with millions of financially struggling, hard-to-reach americans, delivering valuable real-time information to help them better weather financial challenges. Workmoney provided information across a range of communications channels to help americans navigate the economic crisis caused by the COVID-19 pandemic…
Education
Workmoney provided information to subscribers to help them navigate complex financial programs and services, to materially improve their financial well-being. Workmoney held personal conversations with american families about economic tools and their impact on their lives.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.7M | |
| Total assetsLn 16 | $0 | $3.7M |
| LiabilitiesLn 26 | $0 | $225K |
| Net assetsLn 32 | $0 | $3.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $4.2M | $4.2M | ||
| Pay of disqualified personsLn 6 | $510K | $242K | $153K | $115K |
| Management feesLn 11a | $394K | $178K | $216K | |
| Legal feesLn 11b | $1K | $1K | ||
| Other fees for servicesLn 11g | $766K | $521K | $245K | |
| Advertising and promotionLn 12 | $11.1M | $11.0M | $119K | |
| Office expensesLn 13 | $16K | $7K | $9K | |
| Information technologyLn 14 | $72K | $33K | $39K | |
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $250K | $250K | ||
| Total functional expensesLn 25 | $17.3M | $16.1M | $1.0M | $115K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $103.1M | $97.8M | $5.3M | $30.9M | 990 PDF |
| FY2023 | $41.4M | $29.4M | $11.9M | $24.4M | 990 PDF |
| FY2022 | $31.1M | $28.3M | $2.8M | $12.5M | 990 PDF |
| FY2021 | $19.1M | $12.8M | $6.2M | $9.7M | 990 PDF |
| FY2020 Viewing | $20.7M | $17.3M | $3.4M | $3.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $20,738,800 revenue, 12 lines filed
Part VI · Governance 0 of 3 board members independent, 2 to look at
Part VIII · Statement of revenue $20,738,800 across 3 lines filed
Part IX · Statement of functional expenses $17,291,543 across 10 lines filed
Part X · Balance sheet $3,671,775 assets, 8 lines filed
Part XI · Reconciliation of net assets $3,447,257 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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