WASHINGTON, DC
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)NATIONAL FOUNDATION FOR CREDIT COUNSELING INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $9.7M in total revenue in fiscal year 2023. Expenses of $11.0M exceeded revenue, resulting in a 14% operating deficit.
TO LEAD A NATIONAL MOVEMENT THAT BETTER EQUIPS AMERICANS TO MANAGE THEIR FINANCIAL FUTURES AND, IN TURN, ADVANCES THE ECONOMY AND OUR NATION AS A WHOLE. FOUNDED IN 1951, THE NATIONAL FOUNDATION FOR CREDIT COUNSELING (NFCC) IS THE OLDEST NONPROFIT DEDICATED TO IMPROVING PEOPLE'S FINANCIAL WELL-BEING. WITH 55 MEMBER AGENCIES AND OVER 1,200 NFCC CERTIFIED CREDIT COUNSELORS SERVING 50 STATES AND ALL U.S. TERRITORIES, OUR NFCC CERTIFIED CREDIT COUNSELORS ARE FINANCIAL ADVOCATES, EMPOWERING MILLIONS OF CONSUMERS TO TAKE CHARGE OF THEIR FINANCES THROUGH ONE-ON ONE FINANCIAL REVIEWS THAT ADDRESS CREDIT CARD DEBT, STUDENT LOANS, HOUSING DECISIONS, AND OVERALL MONEY MANAGEMENT.
HOUSING COUNSELING: DEVELOP AND MAINTAIN PARTNERSHIPS WITH COALITION OF HUD INTERMEDIARIES, INCLUDING MORTGAGE LENDERS AND SERVICERS, TO HELP MEMBERS ASSIST CONSUMERS WITH PRE-HOME OWNERSHIP...
HOUSING COUNSELING: DEVELOP AND MAINTAIN PARTNERSHIPS WITH COALITION OF HUD INTERMEDIARIES, INCLUDING MORTGAGE LENDERS AND SERVICERS, TO HELP MEMBERS ASSIST CONSUMERS WITH PRE-HOME OWNERSHIP (PRE-PURCHASE) COUNSELING, POST-PURCHASE COUSENLING TO HELP ENSURE THAT NEW OWNERS CAN REMAIN IN THEIR HOMES, EVICTION (FOR RENTERS) AND FORECLOSURE PREVENTION
MEMBERSHIP SUPPORT: FOSTER MEMBER COMMUNICATIONS; HOLD MEMBER MEETINGS AND ANNUAL CONFERENCE; PROVIDE COUNSELOR CERTIFICATION; PROVIDE A PATH TO ASSISTANCE FOR CONSUMERS VIA THE CONSUMER'S PREFERRED...
MEMBERSHIP SUPPORT: FOSTER MEMBER COMMUNICATIONS; HOLD MEMBER MEETINGS AND ANNUAL CONFERENCE; PROVIDE COUNSELOR CERTIFICATION; PROVIDE A PATH TO ASSISTANCE FOR CONSUMERS VIA THE CONSUMER'S PREFERRED METHOD (CURRENTLY PHONE AND ONLINE FORM, WHILE BUILDING-OUT VIDEO AND DIGITAL ENTRY OPTIONS). MAINTAIN RELATIONSHIPS WITH CREDIT-GRANTING ORGANIZATIONS TO SUPPORT CLIENTS AND MEMBER ORGANIZATIONS, BUILD AWARENESS FOR MISSION THROUGH MEDIA OUTREACH.
GENERAL FINANCIAL EDUCATION: DEVELOP AND SUPPORT FINANCIAL EDUCATION FOR CONSUMERS; DEVELOP PARTNERSHIPS WITH OTHER ORGANIZATIONS TO ADDRESS THE NEED FOR PERSONAL FINANCIAL LITERACY. NFCC MEMBER...
GENERAL FINANCIAL EDUCATION: DEVELOP AND SUPPORT FINANCIAL EDUCATION FOR CONSUMERS; DEVELOP PARTNERSHIPS WITH OTHER ORGANIZATIONS TO ADDRESS THE NEED FOR PERSONAL FINANCIAL LITERACY. NFCC MEMBER AGENCIES HAVE HELPED 35 MILLION PEOPLE SINCE 2006.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,663,493 | $9,648,541 | +0.0% |
| Expenses | $10,982,606 | $9,984,405 | +0.1% |
| Net Income | $-1,319,113 | $-335,864 | +2.9% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEBBIE BIANUCCI | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GENGER CHARLES | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM TRIGGS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY DESMARTEAU | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLORIA BANKS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER CAMAIONE-LIND | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DUANE ELMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL FELDMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH GOLDFRANK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL GROSSBERG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELEANOR HOHMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE JANAS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT LAUGHLIN | TRUSTEE - UNTIL 8/2023 | 1.00 |
Director
|
$0 | $0 | $0 |
| HELENE RAYNAUD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FAISAL UDDIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER VIALE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY VOLLMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL CROXSON | CEO | 50.00 |
Officer
|
$374,668 | $154,529 | $529,197 |
| JEFFREY FAULKNER - UNTIL 52023 | CFO, HEAD OF FUNDRAISING & RESEARCH | 50.00 |
Officer
|
$217,687 | $11,630 | $229,317 |
| JENNIFER LANDIS PIZI | COO | 50.00 |
Key Emp
|
$352,872 | $82,634 | $435,506 |
| BRUCE MCCLARY | SVP, MEDIA RELATIONS & MEMBERSHIP | 50.00 |
Highest
|
$136,119 | $20,356 | $156,475 |
| ELLEN GOURY | VP, FINANCE & HR | 50.00 |
Highest
|
$166,475 | $38,103 | $204,578 |
| MATTHEW RIBE | GENERAL COUNSEL | 50.00 |
Highest
|
$161,625 | $47,621 | $209,246 |
| JESSICA BLAIS | SVP, MARKETING | 50.00 |
Highest
|
$131,980 | $15,715 | $147,695 |
| HERMOND PALMER | VP, OUTREACH & INCLUSION | 50.00 |
Highest
|
$169,710 | $25,388 | $195,098 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,663,493 | $10,982,606 | $7,689,049 | $-1,319,113 |
| 2022 | $9,648,541 | $9,984,405 | $9,402,187 | $-335,864 |
| 2021 | $8,760,104 | $9,369,612 | $8,192,491 | $-609,508 |
| 2020 | $9,543,593 | $8,664,176 | $7,650,485 | $879,417 |
| 2019 | $9,771,544 | $8,346,975 | $6,410,619 | $1,424,569 |
| 2018 | $6,043,846 | $9,740,921 | $5,472,477 | $-3,697,075 |
Compare NATIONAL FOUNDATION FOR CREDIT COUNSELING INC with other nonprofits in District of Columbia and across the country.