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Nonprofiteer
← GIVING CREDIT INC

Form 990 for tax year 2025

Filed by GIVING CREDIT INC.

Totals

Total revenue
$15,223
Total expenses
$55,673
Contributions and grants received
$15,223
Grants paid
$1,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$65,525
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$65,525
Program services expenses (Part IX)
$55,673
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$55,673

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $15,223

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,000 · program services $1,000

  • 5 · Compensation of officers, directors and key employees

    total $29,166 · program services $29,166

  • 11b · Fees: legal

    total $2,740 · program services $2,740

  • 11c · Fees: accounting

    total $575 · program services $575

  • 12 · Advertising and promotion

    total $10,500 · program services $10,500

  • 13 · Office expenses

    total $4,391 · program services $4,391

  • 14 · Information technology

    total $2,063 · program services $2,063

  • 17 · Travel

    total $38 · program services $38

  • 19 · Conferences, conventions and meetings

    total $5,200 · program services $5,200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $55,975 · end of year $65,525

  • 3 · Pledges and grants receivable

    beginning of year $50,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $105,975 · end of year $65,525

Mission and programs · 2025

Mission

The organizations mission is to recognize and capitalize economic mutual aid infinancially excluded low income communities where everyone has access to highquality and low interest wealth building products

  • The organization engaged 430 users tracking $60,000 in peer credit and $45,000 in peer to peer lending transactions;launched a rewards programs and development partnerships with other social impact organizations that provided $36,000 in capital through rewards and loan loss insurance

    Expenses $55,673 · Revenue $15,223

As filed on the 2025 return.

Listed in Part VII

  • Ashley Sherwin

    CFO

    Total calculated
    $20,833
    From this org
    $20,833
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • David Henderson

    CEO

    Total calculated
    $8,333
    From this org
    $8,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Diego May

    Total calculated
    $0
    Hours/week
    1

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
2025
Filed
10 May 2026
IRS schema version
2025v4.1
Source object
202621319349302587

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

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