Redsky Money

Nonprofit profile at a glance

EIN
871482363
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Arlington, VA, USA
Phone
5716990922
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Financial Counseling

Reported finances

Revenue
$9,469
Expenses
$8,039
Assets
$10,595
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Stephen E Heinzman (President and CEO)

People named in this filing

  • Thomas E Harlow (Treasurer)
  • Stephen E Heinzman (President and CEO)
  • Linda Morris (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To educate, guide, and empower people to confidently and effectively handle both their acute and evolving financial challenges to achieve their best financial life.

What it reported doing in 2025

Financial Coaching RedSky Money believes that people can significantly improve their long term financial situation by improving their financial literacy and their use of fundamental financial methodologies and tools. RedSky Money connects clients with financial coaches who educate and guide them in understanding the financial aspects of their evolving needs and major life events for the purpose of achieving their best financial life. The financial services are typically donated by financial consultants who support our mission. The value of the donated services for the 2025 reporting period is $31,455.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 62
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.6%; rating input score 77
  • Program expense ratio: 90.1%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 15.1%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -32% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -43.2% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 76.6% of revenue deployed · 90.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.