NATIONAL ASSOCIATION FOR DEBT EDUCATION & ASSISTANCE (EIN 264282482) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

STEVE BOLLMAN

Phone

8473187007

Tax Period

2022-01-01 to 2022-12-31

NATIONAL ASSOCIATION FOR DEBT EDUCATION & ASSISTANCE, founded in 2013, is a micro nonprofit in the Human Services sector that reported $89K in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $251K exceeded revenue, resulting in a 182% operating deficit.

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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 (2022)

Revenue Breakdown

Contributions & Grants $133,917

Program Service Revenue $0

Investment Income $-45,061

Other Revenue $0

TOTAL REVENUE $88,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,622

Fundraising Expenses $0

Program Expenses $221,272

Other Expenses $140,986

TOTAL EXPENSES $250,608

Year-over-Year Comparison

	2022	2021	Change
Revenue	$88,856	$379,665	-0.8%
Expenses	$250,608	$417,809	-0.4%
Net Income	$-161,752	$-38,144	+3.2%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BOLLMAN	PRESIDENT	20.00	Officer Director	$0	$0	$0
JOSEPH E MILES	DIRECTOR	20.00	Director	$0	$0	$0
CARLOS ROBLES	DIRECTOR	20.00	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	No data	No data	No data	No data
2022	$88,856	$250,608	$342,087	$-161,752
2021	$379,665	$417,809	$1,276,232	$-38,144
2020	$420,670	$559,162	$1,265,101	$-138,492
2019	$1,008,892	$1,488,290	$1,204,215	$-479,398

NATIONAL ASSOCIATION FOR DEBT EDUCATION & ASSISTANCE