NATIONAL DEBT MANAGEMENT INC

EIN: 205092854 501(c)(3) Human Services

SOUTHFIELD, MI

Total Revenue
$492,855
Total Expenses
$512,366
Total Assets
$64,783
Net Assets
$11,055
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
SAM GEORGES
Phone
2482002106
Tax Period
2024-01-01 to 2024-12-31

NATIONAL DEBT MANAGEMENT INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $493K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring.

Mission

PROVIDING FINANCIAL LITERACY AND EDUCATION TO IMMIGRANTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,100
Program Service Revenue $430,755
Investment Income $0
Other Revenue $0
TOTAL REVENUE $492,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,967
Fundraising Expenses $0
Program Expenses $351,315
Other Expenses $283,399
TOTAL EXPENSES $512,366

Year-over-Year Comparison

2024 2023 Change
Revenue $492,855 $876,923 -0.4%
Expenses $512,366 $851,345 -0.4%
Net Income $-19,511 $25,578 -1.8%
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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
4
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
3
$39,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM GEORGES PRESIDENT 20.00
Officer
$39,000 $0 $39,000
MADISON TENAGLIA DIRECTOR 0.50
Officer Director
$0 $0 $0
CYNTHIA VILLAUME DIRECTOR 0.50
Officer 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 $492,855 $512,366 $64,783 $-19,511
2023 $876,923 $851,345 $69,956 $25,578
2022 $801,410 $817,076 $46,646 $-15,666
2021 $932,102 $928,695 $65,495 $3,407
2020 $1,073,207 $1,067,072 $52,851 $6,135
2018 $297,817 $290,210 $26,687 $7,607
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NATIONAL DEBT MANAGEMENT INC with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.