Debt Education And Certification Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,347,921 | 5,727,351 | −379,430 | 6.1 | 43% |
| 2012 | 3,911,177 | 4,530,967 | −619,790 | 6.2 | 47% |
| 2013 | 2,834,053 | 3,732,054 | −898,001 | 4.9 | 50% |
| 2014 | 2,255,502 | 2,731,996 | −476,494 | 4.3 | 48% |
| 2015 | 1,953,777 | 2,074,766 | −120,989 | 5.0 | 50% |
| 2016 | 2,221,452 | 2,094,692 | 126,760 | 5.8 | 52% |
| 2017 | 2,363,013 | 2,343,300 | 19,713 | 5.7 | 52% |
| 2018 | 2,178,266 | 2,250,625 | −72,359 | 5.4 | 55% |
| 2019 | 2,405,839 | 2,573,391 | −167,552 | 4.5 | 54% |
| 2020 | 2,074,186 | 2,343,312 | −269,126 | 4.8 | 52% |
| 2021 | 1,641,637 | 1,815,279 | −173,642 | 5.6 | 51% |
| 2022 | 1,654,078 | 1,340,834 | 313,244 | 8.6 | 59% |
| 2023 | 1,643,959 | 1,787,433 | −143,474 | 6.3 | 54% |
In its most recent public year (2023), this organization spent $143,474 more than it brought in. Its reserves stood at about 6.3 months of spending. Staff pay was 54% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Debt Education And Certification Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works