Debt Education And Certification Foundation
Debt Education And Certification Foundation consistently operates with 0% officer compensation but frequently reports expenses exceeding revenue.
EIN: 202870155 · Benbrook, TX · NTEE: P51 · Updated: 2026-03-28
Is Debt Education And Certification Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Debt Education And Certification Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Debt Education And Certification Foundation
Debt Education And Certification Foundation (EIN: 202870155) is a nonprofit organization based in Benbrook, TX, classified under NTEE code P51. The organization reported total revenue of $1.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Debt Education And Certification Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Debt Education And Certification Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Debt Education And Certification Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with revenues consistently over $1.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Debt Education And Certification Foundation's IRS 990 filings:
- Frequent periods where expenses exceed revenue, such as in 202312 ($1,787,433 expenses vs. $1,643,959 revenue), which could indicate financial strain.
- Consistent 0% officer compensation for an organization with over $1.6 million in annual revenue, which is highly unusual and might warrant further scrutiny into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Debt Education And Certification Foundation:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds away from executive salaries.
- Stable asset base over the past decade, suggesting sound financial management despite periods of deficit spending.
- Consistent revenue generation above $1.6 million annually, demonstrating a sustained ability to attract funding.
Frequently Asked Questions about Debt Education And Certification Foundation
Is Debt Education And Certification Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Debt Education And Certification Foundation (EIN: 202870155) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Debt Education And Certification Foundation spend its money?
Debt Education And Certification Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Debt Education And Certification Foundation tax-deductible?
Debt Education And Certification Foundation is registered as a tax-exempt nonprofit (EIN: 202870155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Debt Education And Certification Foundation cover its operational deficits when expenses exceed revenue, as seen in periods like 202312 and 202012?
The organization likely covers these deficits through accumulated reserves from prior profitable years or through other non-revenue income sources not detailed in the provided summary. Further analysis of their full IRS 990 forms would be needed to identify specific funding strategies.
What is the specific breakdown of program, administrative, and fundraising expenses, given the 0% officer compensation?
While the provided data doesn't offer a detailed breakdown, the absence of officer compensation strongly suggests a high proportion of expenses are directed towards program services and essential administrative functions, with minimal, if any, dedicated fundraising costs.
What is the long-term sustainability plan for an organization that frequently reports expenses higher than revenue?
Operating with frequent deficits can be unsustainable long-term. The organization would need a clear strategy, potentially involving increasing revenue streams, reducing expenses, or utilizing endowment funds, to ensure continued operation.
Filing History
IRS 990 filing history for Debt Education And Certification Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Debt Education And Certification Foundation's revenue has declined by 69.3%, moving from $5.3M to $1.6M. Total assets decreased by 42.5% over the same period, from $3.5M to $2.0M. Total functional expenses fell by 68.8%, from $5.7M to $1.8M. In its most recent filing year (2023), Debt Education And Certification Foundation reported a deficit of $143K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $2.0M in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $933K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $2.0M | $1.1M | — | View 990 |
| 2022 | $1.7M | $1.3M | $2.0M | $1.0M | — | — |
| 2021 | $1.6M | $1.8M | $2.2M | $1.3M | — | View 990 |
| 2020 | $2.1M | $2.3M | $2.3M | $1.3M | — | View 990 |
| 2019 | $2.4M | $2.6M | $2.1M | $1.1M | — | View 990 |
| 2018 | $2.2M | $2.3M | $2.0M | $973K | — | View 990 |
| 2017 | $2.4M | $2.3M | $2.2M | $1.1M | — | View 990 |
| 2016 | $2.2M | $2.1M | $2.0M | $995K | — | View 990 |
| 2015 | $2.0M | $2.1M | $1.8M | $940K | — | View 990 |
| 2014 | $2.3M | $2.7M | $1.9M | $952K | — | View 990 |
| 2013 | $2.8M | $3.7M | $2.1M | $520K | — | View 990 |
| 2012 | $3.9M | $4.5M | $2.8M | $488K | — | View 990 |
| 2011 | $5.3M | $5.7M | $3.5M | $569K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $2.0M (revenue -0.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $2.0M (revenue +0.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.8M, and assets of $2.2M (revenue -20.9% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.3M, and assets of $2.3M (revenue -13.8% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.6M, and assets of $2.1M (revenue +10.4% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $2.0M (revenue -7.8% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.3M, and assets of $2.2M (revenue +6.4% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $2.0M (revenue +13.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $1.8M (revenue -13.4% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.7M, and assets of $1.9M (revenue -20.4% year-over-year).
- 2013: Revenue of $2.8M, expenses of $3.7M, and assets of $2.1M (revenue -27.5% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.5M, and assets of $2.8M (revenue -26.9% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.7M, and assets of $3.5M.
Data Sources and Methodology
This transparency report for Debt Education And Certification Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.