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MY MONEY WORKSHOP INC
NEW YORK, NY · EIN 270726256 · Form 990 · FY2025 · NTEE B90 · Education · Micro (<$100K) · mymoneyworkshop.org
revenue
$0
expenses
$41K
net assets
$0
employees
0
volunteers
25
program ratio
100%
mission · from form 990

MY MONEY WORKSHOP'S MISSION IS TO EDUCATE PEOPLE TO MANAGE THEIR FINANCES WISELY AND TO MAKE A LIFETIME OF INFORMED DECISIONS. WE TEACH PEOPLE TO UNDERSTAND THE DECISIONS THEY MAKE ABOUT MONEY SO THEY CAN BUILD POSITIVE FINANCIAL FUTURES. WE KNOW THAT EDUCATION ALONE DOES NOT CHANGE BEHAIVOR. WE CREATE INDIVIDUALIZED AND CUSTOMIZED FINANCIAL LITERACY WORSHOPS THAT HELP EMPOWER COMMUNITY MEMBERS ON THEIR PERSONAL JOURNEY TOWARDS FINANCIAL SELF- SUFFICIENCY. WE PARTNER WITH COMMUNITY ORGANIZATIONS TO GIVE STUDENTS AND ADULT THE RESOURCES THEY NEED TO BE SET UP FOR ECONOMIC SUCCESS. WE EDUCATE AND EMPOWER INDIVIDUALS TO MANAGE THEIRE FINANCES.

profile · synthesized from sources

Financial literacy nonprofit delivering customized workshops to help individuals manage their finances and build long-term economic self-sufficiency. Offers interactive programs for children and adults, both in-person and online, focusing on budgeting, saving, credit, and financial goal-setting. Partners with schools and community organizations across New York and beyond, using volunteer instructors from the financial industry.

named programs · 8 · from sources

What they call their work

Digital Curriculum
Self-guided online courses on budgeting, credit management, emergency savings, and financial stress reduction, including a course on reducing financial stress during emergencies.
Financial Needs Discovery Sessions
One- to two-hour sessions to assess participant needs and inform the design of tailored financial literacy programs.
Foundations for Financial Success
Multi-part financial literacy program for children and adults covering budgeting, saving, banking, credit, and goal-setting, including one-on-one coaching and customized curriculum.
Guest Speaker Workshops
Presentations by volunteer professionals from industries such as banking, real estate, insurance, and retail to complement financial literacy education.
Introduction to Stock Market & Investing
Workshop explaining investment options and stock market fundamentals without providing investment advice; designed as a supplement to core financial literacy programs.
One-Time Fundamentals of Money Management
Two-hour seminar introducing money management basics, including budgeting and expense tracking, offered live or pre-recorded.
Retirement Guidelines Workshop
Educational program on the importance of retirement savings, income shortfall, and savings scenarios.
Tax Time Workshop
Workshop covering tax filing requirements, necessary forms, and preparation tips, featuring a Q&A with a tax consultant.
activities · 1 group

What they do

  • Financial Literacy Education Programs 5 activities
    • Deliver digital financial education content
      Provides digital financial education through live webinars and self-guided online lessons covering budgeting, saving, banking, debt, and credit management, including a dedicated course on reducing financial stress caused by the COVID-19 pandemic.
    • Deliver financial literacy workshops using a faith-based approach
      Provides free financial education workshops to individuals and families through a faith-based model, delivered in-person or via live webinars, focusing on long-term financial self-sufficiency.
    • Promote informed financial decision-making through education
      Provides financial literacy education designed to help individuals manage their finances and make informed financial decisions, aligning with core organizational mission.
    • Provide customized financial education programs for diverse audiences
      Offers individualized and multi-part financial literacy programs for children and adults, tailored to community needs and delivered through live webinars, in-person sessions, or self-guided formats.
    • Reach over 25,000 participants with financial literacy programming
      Has provided financial literacy education to more than 25,000 individuals since the organization's inception, demonstrating the cumulative reach of its programs.
financials · form 990 · fy2025
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue$0—
Investment income$0—
Other revenue$0
expenses
Total expenses$41K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$3K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$55K
Investments$0
Liabilities$0
Net assets$0
Liquid reserves16.1 mo
5 years on record · 2020–2025 · YoY revenue -100.0%
leadership · form 990 part vii · fy2025

Who runs it

board members · 7
  • CELENE MENSCHEL — SECRETARY
  • EARLE YAFFA — DIRECTOR
  • ERIC RIBACHONEK — TREASURER
  • JAY CANNELL — DIRECTOR
  • JUNE JAFFE — DIRECTOR
  • MARC JEROME — DIRECTOR
  • NEIL CANNELL — DIRECTOR
relationships · 8

Who they work with

  • Cardinal Spellman High School Partner — Hosted a My Money Workshop financial literacy program sponsored by Signature Bank.
  • Facebook Network — Uses Facebook as a platform to share information and connect with participants.
  • Facebook Partner — Social media presence on Facebook for outreach and engagement
  • Instagram Partner — Visual content and engagement presence on Instagram
  • LinkedIn Partner — Professional networking presence on LinkedIn for organizational visibility
  • Signature Bank Funder — Sponsored the Cardinal Spellman High School financial literacy program.
  • Twitter Partner — Social media presence on Twitter for communication and updates
  • community organizations Partner — Collaborates with community organizations to deliver financial literacy resources to students and adults.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Partnered Outreach
    methodology: community-partnered_financial_education
    By partnering with community organizations, the organization extends the reach of financial education and embeds support within trusted local networks because collaboration increases access and cultural alignment with target populations.
  • Faith-Based Financial Empowerment
    methodology: faith-based_financial_education
    By integrating biblical principles with practical financial tools, the organization promotes behavioral change around money, aiming to eliminate debt, build wealth, and encourage generosity because spiritual motivation strengthens commitment to financial discipline.
  • Personalized Financial Education Model
    methodology: personalized_financial_education
    By customizing financial literacy programs to individuals' and organizations' specific contexts and relationships with money, the organization fosters behavioral change and long-term financial self-sufficiency because relevance increases engagement and applicability.
  • Volunteer-Instructor Model
    methodology: volunteer-instructor_model
    By using volunteer instructors from the financial industry, the organization delivers authentic, expert-led financial workshops at scale because professional lived experience increases credibility and participant trust in the content.