CERTIFIED STUDENT LOAN ADVISOR BOARD OF STANDARDS INC

EIN: 811638967 501(c)(3) Education

SUGARLAND, TX

Total Revenue
$231,298
Total Expenses
$151,987
Total Assets
$168,424
Net Assets
$168,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
Jantz Hoffman
Phone
8558262752
Tax Period
2023-03-01 to 2024-02-29

CERTIFIED STUDENT LOAN ADVISOR BOARD OF STANDARDS INC, founded in 2016, is a small nonprofit in the Education sector that reported $231K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 34% operating margin.

Mission

Educational programs for consumers and their financial advisors on how to avoid fraudulent services and substantial errors in student loan management. As you will read on our site, there is a significant problem with unscrupulous companies taking advantage of consumers. Financial advisors also tend to make a variety of errors that can unknowingly hurt clients. Our professional education programs help advisors in delivering accurate information about a client's repayment choices as a part of their overall financial plan. Our consumer services is expanding to webinars and other meas of helping them learn how to choose an advisor and make better decision about their loans. Consumers receive all assistance at no charge. Financial advisors pay for an educational program and certification.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $51,190
Program Service Revenue $180,100
Investment Income $8
Other Revenue $0
TOTAL REVENUE $231,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,322
Fundraising Expenses $7,842
Program Expenses $122,630
Other Expenses $21,665
TOTAL EXPENSES $151,987

Year-over-Year Comparison

2023 2022 Change
Revenue $231,298 $141,338 +0.6%
Expenses $151,987 $112,311 +0.4%
Net Income $79,311 $29,027 +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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
10

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
3
$119,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jantz Hoffman Chairman 15.00
Officer
$43,000 $0 $43,000
Heather Jarvis Legal Counsel 15.00
Officer
$38,000 $0 $38,000
Larry Taylor CTO/CMO 30.00
Officer
$38,000 $0 $38,000
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 $231,298 $151,987 $168,424 $79,311
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