DELRAY CREDIT COUNSELING CORP

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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

2002

Legal Domicile

Principal Officer

THOMAS P EICHAS

Phone

5612799110

Tax Period

2020-12-01 to 2021-11-30

DELRAY CREDIT COUNSELING CORP, founded in 2002, is a micro nonprofit in the Human Services sector that reported $32K in total revenue in fiscal year 2020. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 48% operating margin.

Mission

OUR MISSION IS TO PROVIDE SUPPORT SERVICES FOR OTHER 501(C)(3)ORGANIZATIONS THAT ARE DEDICATED TO HELPING CONSUMERS IN NEED, WITH COMPREHENSIVE EDUCATIONAL MATERIALS ON SUBJECTS SUCH AS BUDGETING, SAVINGS, EMERGENCY CASH RESERVES, UNDERSTANDING YOUR CREDIT REPORT, CREDIT SCORES, AND FINANCE CHARGES. ALONG WITH THE MOST CURRENT INFORMATION ON CHANGES REGARDING CONSUMER CREDIT AND FINANCE. DEBT MANAGEMENT SERVICES (DMP) ARE OFFERED TO CONSUMERS EXPERIENCING A FINANCIAL HARDSHIP.

Program Service Accomplishments

Program 1

Expenses: $15,131 Revenue: $31,641

THE ORGANIZATION FUNCTIONS AS A SUPPORT SERVICES ENTITY FOR OTHER 501(C)(3) ORGANIZATIONS THAT ARE DEDICATED TO COUNSELING INDIVIDUALS REGARDING DEBT MANAGEMENT AND OTHER CREDIT RELATED EDUCATIONAL...

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $31,641

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,131

Other Expenses $16,447

TOTAL EXPENSES $16,447

Year-over-Year Comparison

	2020	2019	Change
Revenue	$31,641	$16,513	+0.9%
Expenses	$16,447	$47,664	-0.7%
Net Income	$15,194	$-31,151	-1.5%

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

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
THOMAS P EICHAS	PRESIDENT	N/A	Officer	$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
2021	$31,641	$16,447	No data	$15,194
2020	$16,513	$47,664	$13	$-31,151
2019	$414,612	$454,822	$22,288	$-40,210
2018	$627,098	$677,323	$128,155	$-50,225