DEBT EDUCATION AND CERTIFICATION FOUNDATION (EIN 202870155) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

DOUG TONNE

Phone

8668597323

Tax Period

2024-01-01 to 2024-12-31

DEBT EDUCATION AND CERTIFICATION FOUNDATION, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO STRENGTHEN THE COMMUNITY BY PROVIDING FINANCIAL EDUCATION TO INDIVIDUALS AND FAMILIES IN NEED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,858,178

Investment Income $13,664

Other Revenue $42,284

TOTAL REVENUE $1,914,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,523,864

Fundraising Expenses $0

Program Expenses $1,355,084

Other Expenses $492,179

TOTAL EXPENSES $2,016,043

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,914,126	$1,643,959	+0.2%
Expenses	$2,016,043	$1,787,433	+0.1%
Net Income	$-101,917	$-143,474	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$247,069

Total Directors

$205,952

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCHELL ALLEN	FORMER PRESIDENT / CEO - END DATE 4/30/2023	0.00		$383,428	$0	$383,428
DOUG TONNE	PRESIDENT / CEO	40.00	Officer Director	$171,500	$34,452	$205,952
JUSTINE BOYDSTON	VP OF OPERATIONS	40.00	Highest	$122,577	$10,058	$132,635
NAT HOLT	CFO	40.00	Officer	$41,117	$0	$41,117
MARK BORGE	SECRETARY	2.00	Director	$0	$0	$0
BILL PARDUE	TREASURER	2.00	Director	$0	$0	$0
BILLY JUROSKA	DIRECTOR	2.00	Director	$0	$0	$0
SHELLEY AMASON	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,914,126	$2,016,043	$1,700,866	$-101,917
2023	$1,643,959	$1,787,433	$2,004,727	$-143,474
2022	$1,654,078	$1,340,834	$1,976,853	$313,244
2021	$1,641,637	$1,815,279	$2,181,103	$-173,642
2020	$2,074,186	$2,343,312	$2,264,198	$-269,126
2019	$2,405,839	$2,573,391	$2,065,057	$-167,552
2018	$2,178,266	$2,250,625	$1,980,588	$-72,359

DEBT EDUCATION AND CERTIFICATION FOUNDATION