Allen Credit & Debt Counseling (EIN 203413292) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Glenn Jungemann

Phone

6098052240

Tax Period

2023-07-01 to 2024-06-30

ALLEN CREDIT AND DEBT COUNSELING, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2017.

Mission

Consumer credit counseling low income housing

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,090,455

Investment Income $12

Other Revenue $-8,452

TOTAL REVENUE $1,082,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $644,920

Fundraising Expenses $4,991

Program Expenses $909,188

Other Expenses $421,615

TOTAL EXPENSES $1,066,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,082,015	$930,440	+0.2%
Expenses	$1,066,535	$946,182	+0.1%
Net Income	$15,480	$-15,742	-2.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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

$92,438

Total Directors

$92,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Glenn Jungemann	CEO	040.00	Officer Director	$92,438	$0	$92,438
N/A	Sec	001.00	Officer Director	$0	$0	$0
Joel Prybil	Board Member	001.00	Director	$0	$0	$0
David Struck	Pres	001.00	Officer Director Key Emp	$0	$0	$0
Mike Vaupel	Board Member	001.00	Director	$0	$0	$0
Damon Wolf	Board Member	001.00	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
2024	$1,082,015	$1,066,535	$350,779	$15,480
2023	$930,440	$946,182	$386,583	$-15,742
2022	$889,078	$895,487	$413,969	$-6,409
2021	$1,340,879	$1,236,940	$408,689	$103,939
2020	$1,373,883	$1,265,319	$482,284	$108,564
2019	$1,344,910	$1,322,071	$449,742	$22,839
2018	$1,243,430	$1,281,358	$472,360	$-37,928

Allen Credit & Debt Counseling