Form 990 for tax year 2023
Filed by NATIONAL FOUNDATION FOR CONSUMER CREDIT INC.
Totals
- Total revenue
- $715,367
- Total expenses
- $613,904
- Contributions and grants received
- $251,759
- Grants paid
- $0
- Program service revenue
- $351,748
- Investment income
- $93,899
- Other revenue
- $17,961
- Total assets, end of year
- $2,440,820
- Total liabilities, end of year
- $2,203,391
- Net assets or fund balances, end of year
- $237,429
- Program services expenses (Part IX)
- $523,824
- Management and general expenses
- $90,080
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $523,824
Program services were 85.3% 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.
-
1a · Federated campaigns
$15,000
-
1e · Government grants (contributions)
$7,489
-
1f · All other contributions, gifts and grants
$229,270
-
2a · Program service revenue: FEES - REPPAYEE
total $313,463 · related or exempt $313,463
-
2b · Program service revenue: FEES - FINANCIAL COUNS
total $38,285 · related or exempt $38,285
-
3 · Investment income
total $93,899 · excluded $93,899
-
8a · Fundraising events: gross income
$32,051
-
8b · Fundraising events: direct expenses
$14,090
-
8c · Net income from fundraising events
total $17,961 · excluded $17,961
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $64,206 · program services $32,103 · management and general $32,103
-
7 · Other salaries and wages
total $264,211 · program services $244,390 · management and general $19,821
-
9 · Other employee benefits
total $53,255 · program services $52,524 · management and general $731
-
10 · Payroll taxes
total $23,906 · program services $20,155 · management and general $3,751
-
11c · Fees: accounting
total $15,550 · management and general $15,550
-
11g · Fees: other
total $7,021 · program services $4,310 · management and general $2,711
-
12 · Advertising and promotion
total $6,580 · program services $6,580
-
13 · Office expenses
total $78,018 · program services $67,586 · management and general $10,432
-
16 · Occupancy
total $27,853 · program services $25,068 · management and general $2,785
-
17 · Travel
total $14,214 · program services $14,214
-
22 · Depreciation, depletion and amortization
total $2,718 · program services $2,718
-
23 · Insurance
total $12,623 · program services $12,623
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $15,970 · program services $14,373 · management and general $1,597
-
24b · Other expenses: LICENSING
total $15,436 · program services $15,436
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $4,100 · program services $3,690 · management and general $410
-
24d · Other expenses: BAD DEBT
total $2,830 · program services $2,830
-
24e · All other expenses
total $5,413 · program services $5,224 · management and general $189
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,877,951 · end of year $2,148,455
-
2 · Savings and temporary cash investments
beginning of year $168,251 · end of year $153,346
-
4 · Accounts receivable
beginning of year $12,010 · end of year $27,969
-
9 · Prepaid expenses and deferred charges
beginning of year $219 · end of year $5,580
-
10a · Land, buildings and equipment: cost or other basis
$37,620
-
10b · Land, buildings and equipment: accumulated depreciation
$27,556
-
10c · Land, buildings and equipment, net
beginning of year $7,670 · end of year $10,064
-
12 · Investments: other securities
beginning of year $88,248 · end of year $75,983
-
13 · Investments: program-related
beginning of year $14,507 · end of year $19,423
-
17 · Accounts payable and accrued expenses
beginning of year $57,125 · end of year $54,050
-
21 · Escrow or custodial account liability
beginning of year $1,887,517 · end of year $2,073,358
-
25 · Other liabilities
beginning of year $88,248 · end of year $75,983
-
27 · Net assets without donor restrictions
beginning of year $121,459 · end of year $218,006
-
28 · Net assets with donor restrictions
beginning of year $14,507 · end of year $19,423
Mission and programs · 2023
Mission
DIRECT CREDIT COUNSELING AND PUBLIC EDUCATION TO ALL INDIVIDUALS REQUESTING AND IN NEED OF SUCH HELP.
Activities or mission (Part I)
CREDIT COUNSELING AND PUBLIC EDUCATION TO ALL INDIVIDUALS REQUESTING AND IN NEED OF SUCH HELP.
-
DIRECT COUNSELING AND PUBLIC EDUCATION TO ALL INDIVIDUALS REQUESTING AND IN NEED OS SUCH HELP.
Expenses $523,824 · Revenue $351,748
As filed on the 2023 return.
Listed in Part VII
-
Pam Y BayerPAM Y BAYER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
George Y ChandlerGEORGE Y CHANDLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Teresa CunninghamTERESA CUNNINGHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom A FrawleyTOM A FRAWLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jolie KerenickJOLIE KERENICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ronald D LeachRONALD D LEACH
BOARD MEMBER/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Nicole RaberNICOLE RABER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Robert D ReederROBERT D REEDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Raymond H UlmerRAYMOND H ULMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robin StewartROBIN STEWART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Julie DyeJULIE DYE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tonya DavisTONYA DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly BennettKIMBERLY BENNETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leasa DavisLEASA DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shelene ShrewsburySHELENE SHREWSBURY
EXECUTIVE DIRECTOR
- Total calculated
- $64,207
- From this org
- $64,207
- 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
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433039349301603
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