National Debt Management Inc
National Debt Management Inc. consistently operates near break-even with no reported officer compensation.
EIN: 205092854 · Southfield, MI · NTEE: P51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $851K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $800,000 |
| Net Assets | $31K |
| Transparency Score | 85/100 |
Is National Debt Management Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Debt Management Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Debt Management Inc
National Debt Management Inc (EIN: 205092854) is a nonprofit organization based in Southfield, MI, classified under NTEE code P51. The organization reported total revenue of $493K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Debt Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Debt Management Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $877K |
| Total Expenses | $851K |
| Surplus / Deficit | +$26K |
| Total Assets | $70K |
| Total Liabilities | $39K |
| Net Assets | $31K |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 56.3% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2023, National Debt Management Inc reported a surplus of $26K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 56.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), National Debt Management Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +4.2% | +50.0% |
| 2022 | -14.0% | -12.0% | -28.8% |
| 2021 | -13.1% | -13.0% | +23.9% |
| 2020 | +260.4% | +267.7% | +98.0% |
| 2018 | +235.9% | +226.5% | +109.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Debt Management Inc 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, National Debt Management Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size (annual revenue often exceeding $800,000).
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 National Debt Management Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Unusually low asset base relative to annual revenue, potentially limiting long-term stability
Strengths
The following positive indicators were identified for National Debt Management Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Revenue consistently covers expenses, demonstrating operational sustainability.
- Long filing history (12 filings) indicates consistent operation and compliance.
Frequently Asked Questions about National Debt Management Inc
Is National Debt Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Debt Management Inc (EIN: 205092854) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does National Debt Management Inc spend its money?
National Debt Management Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Debt Management Inc tax-deductible?
National Debt Management Inc is registered as a tax-exempt nonprofit (EIN: 205092854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Debt Management Inc CEO make?
National Debt Management Inc's highest-compensated officer earns $800,000 annually. The organization reported $493K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Debt Management Inc's spending goes to programs?
National Debt Management Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Debt Management Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Debt Management Inc is above average for NTEE category P51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Debt Management Inc located?
National Debt Management Inc is headquartered in Southfield, Michigan and files with the IRS under EIN 205092854. It is classified under NTEE code P51.
How many years of IRS 990 filings does National Debt Management Inc have?
National Debt Management Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $493K in total revenue.
How does National Debt Management Inc. manage to operate without paying officer compensation?
The filings consistently show 0% officer compensation, which could imply that leadership roles are filled by volunteers, or compensation is structured in a way not reported as 'officer compensation' on the 990, though the latter is less likely given the consistency.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed functional expense breakdown, making it difficult to precisely assess the efficiency of spending beyond the overall revenue-to-expense ratio.
Why are the organization's assets relatively low compared to its annual revenue?
The organization appears to operate on a model where most revenue is expended annually on its programs and operations, rather than accumulating significant reserves or assets. For example, in 2023, assets were $69,956 while revenue was $876,923.
Filing History
IRS 990 filing history for National Debt Management Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), National Debt Management Inc's revenue has grown by 1677.4%, moving from $49K to $877K. Total assets increased by 737.6% over the same period, from $8K to $70K. Total functional expenses rose by 1691.2%, from $48K to $851K. In its most recent filing year (2023), National Debt Management Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $39K in liabilities against $70K in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $877K | $851K | $70K | $39K | — | — |
| 2022 | $801K | $817K | $47K | $42K | — | — |
| 2021 | $932K | $929K | $65K | $45K | — | View 990 |
| 2020 | $1.1M | $1.1M | $53K | $36K | — | View 990 |
| 2018 | $298K | $290K | $27K | $15K | — | View 990 |
| 2017 | $89K | $89K | $13K | $6K | — | — |
| 2016 | $39K | $38K | $7K | $0 | — | View 990 |
| 2015 | $68K | $62K | $6K | $0 | — | View 990 |
| 2014 | $55K | $51K | $13K | $3K | — | View 990 |
| 2013 | $65K | $64K | $4K | $5K | — | View 990 |
| 2012 | $63K | $63K | $7K | $9K | — | View 990 |
| 2011 | $49K | $48K | $8K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $877K, expenses of $851K, and assets of $70K (revenue +9.4% year-over-year).
- 2022: Revenue of $801K, expenses of $817K, and assets of $47K (revenue -14.0% year-over-year).
- 2021: Revenue of $932K, expenses of $929K, and assets of $65K (revenue -13.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $53K (revenue +260.4% year-over-year).
- 2018: Revenue of $298K, expenses of $290K, and assets of $27K (revenue +235.9% year-over-year).
- 2017: Revenue of $89K, expenses of $89K, and assets of $13K (revenue +126.4% year-over-year).
- 2016: Revenue of $39K, expenses of $38K, and assets of $7K (revenue -42.5% year-over-year).
- 2015: Revenue of $68K, expenses of $62K, and assets of $6K (revenue +23.7% year-over-year).
- 2014: Revenue of $55K, expenses of $51K, and assets of $13K (revenue -15.7% year-over-year).
- 2013: Revenue of $65K, expenses of $64K, and assets of $4K (revenue +3.6% year-over-year).
- 2012: Revenue of $63K, expenses of $63K, and assets of $7K (revenue +28.0% year-over-year).
- 2011: Revenue of $49K, expenses of $48K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Debt Management Inc:
Data Sources and Methodology
This transparency report for National Debt Management Inc 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.