Form 990 for tax year 2025
Filed by AMERICAN COLLEGE OF BANKRUPTCY FOUNDATION.
Totals
- Total revenue
- $1,023,850
- Total expenses
- $853,170
- Contributions and grants received
- $867,725
- Grants paid
- $744,651
- Program service revenue
- $0
- Investment income
- $156,125
- Other revenue
- $0
- Total assets, end of year
- $3,566,585
- Total liabilities, end of year
- $40,700
- Net assets or fund balances, end of year
- $3,525,885
- Program services expenses (Part IX)
- $744,651
- Management and general expenses
- $108,519
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $744,651
Program services were 87.3% 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.
-
1d · Related organizations
$265,000
-
1f · All other contributions, gifts and grants
$602,725
-
3 · Investment income
total $136,192 · excluded $136,192
-
7a · Gross sales of assets other than inventory
securities $345,697
-
7b · Less cost or other basis and sales expenses
securities $325,764
-
7c · Gain or loss
securities $19,933
-
7d · Net gain or loss
total $19,933 · excluded $19,933
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $744,651 · program services $744,651
-
11a · Fees: management
total $48,000 · management and general $48,000
-
11c · Fees: accounting
total $28,000 · management and general $28,000
-
11f · Fees: investment management
total $13,581 · management and general $13,581
-
13 · Office expenses
total $14,635 · management and general $14,635
-
14 · Information technology
total $342 · management and general $342
-
23 · Insurance
total $3,926 · management and general $3,926
-
24a · Other expenses: LICENSES
total $35 · management and general $35
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $376,036 · end of year $390,022
-
2 · Savings and temporary cash investments
beginning of year $123,860 · end of year $291,605
-
3 · Pledges and grants receivable
beginning of year $1,750 · end of year $28,405
-
11 · Investments: publicly traded securities
beginning of year $2,606,648 · end of year $2,854,243
-
15 · Other assets
beginning of year $2,250 · end of year $2,310
-
18 · Grants payable
end of year $40,700
-
27 · Net assets without donor restrictions
beginning of year $3,110,544 · end of year $3,525,885
Mission and programs · 2025
Mission
TO PROMOTE THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE AMERICAN COLLEGE OF BANKRUPTCY.
-
THE FOUNDATION'S MISSIONS, WHICH ARE FOCUSED IN THE AREAS OF BANKRUPTCY AND INSOLVENCY, ARE SPONSORSHIP AND ENCOURAGEMENT OF LEGAL RESEARCH, PUBLICATIONS AND FORUMS; ESTABLISHMENT OF SCHOLARSHIPS; PROVISION OF THE COLLECTION AND MAINTENANCE OF DATA AND DOCUMENTS FOR SCHOLARLY RESEARCH; AND PROMOTION OF THE INSTITUTION AND MAINTENANCE OF LEGAL AID FACILITIES FOR THE INDIGENT.
Expenses $744,651 · Grants $744,651
As filed on the 2025 return.
Listed in Part VII
-
Patricia RedmondPATRICIA REDMOND
ACB PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3 + 5 related
-
Jan HaydenJAN HAYDEN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Vincent E LazarVINCENT E LAZAR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Lisa M SchweitzerLISA M SCHWEITZER
SECRETARY UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Kathryn A ColemanKATHRYN A COLEMAN
SECRETARY AS OF MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Marjorie KaufmanMARJORIE KAUFMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christine E DevineCHRISTINE E DEVINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Christopher M CandonCHRISTOPHER M CANDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura Davis JonesLAURA DAVIS JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 1 related
-
Warren A UsitaneWARREN A USITANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Julio E MendozaJULIO E MENDOZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Dwayne MurrayDWAYNE MURRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Travis TorrenceTRAVIS TORRENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Hon John HoffmanHON JOHN HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Julie B TeicherJULIE B TEICHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Scott WolfsonSCOTT WOLFSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Felicia PerlmanFELICIA PERLMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 1 related
-
Caroline A RecklerCAROLINE A RECKLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Eric L JohnsonERIC L JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Steven N BergerSTEVEN N BERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jeff BjorkJEFF BJORK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Michael R JohnsonMICHAEL R JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jayna LamarJAYNA LAMAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jordi GusoJORDI GUSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Robert J Rosenberg SrROBERT J ROSENBERG SR
SENIOR DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Natasha LabovitzNATASHA LABOVITZ
DIRECTOR AS OF SEPTEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Brett MillerBRETT MILLER
DIRECTOR AS OF SEPTEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Paula BerenPAULA BEREN
DIRECTOR AS OF SEPTEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark ShindermanMARK SHINDERMAN
DIRECTOR UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Jay M GoffmanJAY M GOFFMAN
DIRECTOR UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Lynn Lewis TavennerLYNN LEWIS TAVENNER
DIRECTOR UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Leyza F BlancoLEYZA F BLANCO
DIRECTOR UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Jay BenderJAY BENDER
DIRECTOR UNTIL MARCH
- Total calculated
- $0
- Hours/week
- 0.3
-
Alexandra Cc SchnappALEXANDRA CC SCHNAPP
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 20 related
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
-
$38,551
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
IDAHO VOLUNTEER LAWYERS PROGRAM
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
INDIANAPOLIS LEGAL AID SOCIETY
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
$15,000
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
-
TO PROVIDE PROJECT SUPPORT FOR BANKRUPTCY TRAININGS FOR ATTORNEYS.
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN COLLEGE OF BANKRUPTCY
501(C)(6) · TO PROMOTE EXCELLENCE IN THE FIELD OF BANKRUPTCY. · VA
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202631989349300703
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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