Overview

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Est.

1970

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

National Foundation for Credit Counseling Inc. is a financial counseling nonprofit that helps people address financial challenges and take charge of their financial futures through its network of members. In filing year 2024, it reported an operating budget of $7.5 million and total revenue of $8.6 million, with top funders including NEIGHBORHOOD REINVESTMENT CORPORATION, Wells Fargo Foundation, and TD CHARITABLE FOUNDATION.

Mission Statement

THE NFCC AND ITS MEMBERS OFFER PEOPLE SOLUTIONS AND SUPPORT TO ADDRESS FINANCIAL CHALLENGES AND TAKE CHARGE OF THEIR OWN FINANCIAL FUTURES.
Revenues
$8.6M
Expenses
$9M
Net Income:
-$368.4K
Assets
$6.3M
Liabilities
$2.6M
Net Assets:
+$3.7M
Operating Budget
$7.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$750K
Largest grant received
$982.8K
M
Michael Croxson
Board Member
S
Sarah Goldfrank
Board Member
C
Christopher Viale
Board Member
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  • 8 funders
  • 84 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is NATIONAL FOUNDATION FOR CREDIT COUNSELING INC’s budget?
In 2024, NATIONAL FOUNDATION FOR CREDIT COUNSELING INC reported an annual operating budget of around $7.5 million. More detailed financial information is available to registered users.
What causes does NATIONAL FOUNDATION FOR CREDIT COUNSELING INC support?
NATIONAL FOUNDATION FOR CREDIT COUNSELING INC supports work in Financial counseling.
Where does NATIONAL FOUNDATION FOR CREDIT COUNSELING INC operate?
NATIONAL FOUNDATION FOR CREDIT COUNSELING INC is headquartered in Washington, DC.
Who funded NATIONAL FOUNDATION FOR CREDIT COUNSELING INC recently?
In 2024, NATIONAL FOUNDATION FOR CREDIT COUNSELING INC received grants from NEIGHBORHOOD REINVESTMENT CORPORATION, SYNCHRONY FOUNDATION, and Wells Fargo Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant NATIONAL FOUNDATION FOR CREDIT COUNSELING INC received in 2024?
The largest grant to NATIONAL FOUNDATION FOR CREDIT COUNSELING INC in 2024 exceeds $983 thousand.
What is NATIONAL FOUNDATION FOR CREDIT COUNSELING INC’s reliance on government grants?
NATIONAL FOUNDATION FOR CREDIT COUNSELING INC relied on government grants for more than 5% of their total revenue in 2024.