ABACUS CREDIT COUNSELING

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

8005163834

Tax Period

2025-01-01 to 2025-12-31

ABACUS CREDIT COUNSELING, founded in 2007, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $474K, a strong 16% operating margin.

Mission

TO TEACH AND DISSEMINATE EDUCATIONAL MATERIAL TO THE PUBLIC, INCLUDING BUT NOT LIMITED TO, MATERIAL RELATING TO PERSONAL FINANCE, FINANCIAL PLANNING, AND CONSUMER CREDIT.

Program Service Accomplishments

Program 1

Expenses: $1,733,270 Revenue: $2,398,158

ABACUS CREDIT COUNSELING ProvideD credit counseling to NEARLY 100,000 individuals IN 2025, WITHOUT REGARD TO THEIR ABILITY TO PAY. ITS COUNSELING PROGRAM EDUCATES INDIVIDUALS ON FINANCIAL TOPICS SUCH AS BUDGETING, MONEY MANAGEMENT, BANKRUPTCY AND OTHER FINANCIAL PROBLEMS. MANY OF THESE INDVIDUALS COMPLETED ABACUS' CREDIT COUNSELING COURSE AND RECEIVED A CERTIFICATE OF COMPLETION THAT MAY BE FILED AS PART OF A BANKRUPTCY CASE TO DEMONSTRATE THAT THE INDIVIDUAL FULFILLED THE COUNSELING REQUIREMENT SET FORTH IN CHAPTER 11 USC SECTION 109(H).

Program 2

Expenses: $15,000

ABACUS SUPPORTS THE EFFORTS OF OTHER 501(C)(3) NON-PROFIT ORGANIZATIONS THROUGH DONATIONS APPROVED BY THE BOARD OF DIRECTORS. ABACUS SEEKS TO BENEFIT ORGANIZATIONS THAT ASSIST ABACUS' TARGET...

ABACUS SUPPORTS THE EFFORTS OF OTHER 501(C)(3) NON-PROFIT ORGANIZATIONS THROUGH DONATIONS APPROVED BY THE BOARD OF DIRECTORS. ABACUS SEEKS TO BENEFIT ORGANIZATIONS THAT ASSIST ABACUS' TARGET POPULATION AND/OR FURTHER A MISSION THAT IS COMPLIMENTARY TO ABACUS'S MISSION.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,398,158

Investment Income $589,527

Other Revenue $7,546

TOTAL REVENUE $2,995,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,805,922

Fundraising Expenses $0

Program Expenses $1,748,270

Other Expenses $715,555

TOTAL EXPENSES $2,521,477

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,995,231	$2,409,694	+0.2%
Expenses	$2,521,477	$2,233,514	+0.1%
Net Income	$473,754	$176,180	+1.7%

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

$565,498

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA AHART	CEO	40.00	Officer	$294,036	$23,137	$317,173
Kristina Ketchel	CFO	40.00	Officer	$248,325	$0	$248,325
HENKIE BARRON	Director	1.00	Director	$0	$0	$0
TOM YU	Director	1.00	Director	$0	$0	$0
Sheila Chanani	Director	1.00	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	$2,995,231	$2,521,477	$9,395,376	$473,754
2024	$2,409,694	$2,233,514	$7,945,538	$176,180
2023	$2,780,220	$2,061,982	$7,365,257	$718,238
2022	$2,591,697	$2,088,384	$6,687,119	$503,313
2021	$2,039,579	$2,221,161	$7,151,653	$-181,582
2020	$2,077,678	$2,265,504	$7,182,397	$-187,826
2019	$2,353,501	$2,105,889	$6,791,952	$247,612
2018	$2,582,535	$2,038,983	$6,043,347	$543,552