ASSOCIATION OF INDEPENDENT CONSUMER CREDIT COUNSELING AGENCIES INC (EIN 223226765) - 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

1993

Legal Domicile

Principal Officer

LORI POLLACK

Phone

8662781567

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION OF INDEPENDENT CONSUMER CREDIT COUNSELING AGENCIES INC, founded in 1993, is a small nonprofit in the Human Services sector that reported $346K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE HIGH-VALUE SERVICES DESIGNED TO ESTABLISH EQUILIBRIUM BETWEEN CONSUMERS, CREDITORS, AND MEMBER AGENCIES FOR THE SUCCESSFUL REHABILITATION OF DEBT-CHALLENGED FAMILIES AND INDIVIDUALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $27,500

Program Service Revenue $310,063

Investment Income $8,105

Other Revenue $0

TOTAL REVENUE $345,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,392

Fundraising Expenses $0

Program Expenses $272,991

Other Expenses $212,790

TOTAL EXPENSES $337,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$345,668	$236,933	+0.5%
Expenses	$337,182	$218,047	+0.5%
Net Income	$8,486	$18,886	-0.6%

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

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

$115,942

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI POLLACK	EXECUTIVE DIRECTOR	40.00	Officer	$110,442	$5,500	$115,942
MARTIN LYNCH	PRESIDENT	15.00	Officer Director	$0	$0	$0
CHRISTOPHER VIALE	VICE PRESIDENT AND CO-CHAIR	15.00	Officer Director	$0	$0	$0
JUDITH SORENSEN	CO-CHAIR	7.50	Officer Director	$0	$0	$0
PHIL HEINEMANN TRUSTEE	UNTIL MAY 2023, THEN TREASURER	15.00	Officer Director	$0	$0	$0
HILTON SHER	TREASURER UNTIL MAY 2023	5.00	Officer Director	$0	$0	$0
RUSSELL GRAVES	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBB CZYZEWSKIC	TRUSTEE	4.00	Director	$0	$0	$0
GARY HERMAN	TRUSTEE AS OF MAY 2023	2.00	Director	$0	$0	$0
SAM HOHMAN	TRUSTEE	2.00	Director	$0	$0	$0
RICK MUNSTER	TRUSTEE	5.00	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	No data	No data	No data	No data
2023	$345,668	$337,182	$481,468	$8,486
2022	$236,933	$218,047	$571,523	$18,886
2021	$257,336	$167,726	$470,696	$89,610
2019	$286,103	$206,883	$359,869	$79,220
2018	$250,219	$209,504	$282,663	$40,715

ASSOCIATION OF INDEPENDENT CONSUMER CREDIT COUNSELING AGENCIES INC