CREDIT & DEBT MANAGEMENT INSTITUTE

EIN: 900844004 501(c)(3) Housing & Shelter

BOLIVAR, TN

Total Revenue
$306,133
Total Expenses
$411,909
Total Assets
$52,632
Net Assets
$936
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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
2020
Legal Domicile
NY
Principal Officer
FLERIDA SANTANA
Phone
7184813363
Tax Period
2022-01-01 to 2022-12-31

CREDIT & DEBT MANAGEMENT INSTITUTE, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $306K in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. Expenses of $412K exceeded revenue, resulting in a 35% operating deficit.

Mission

CREDIT AND DEBT AMANAGEMENT ASSIST THE COMMUNITY WITH CREDIT REPAIR AND DEBT MANAGEMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $306,133
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $306,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $76,674
Fundraising Expenses $0
Program Expenses $238,506
Other Expenses $335,235
TOTAL EXPENSES $411,909

Year-over-Year Comparison

2022 2021 Change
Revenue $306,133 $356,752 -0.1%
Expenses $411,909 $203,457 +1.0%
Net Income $-105,776 $153,295 -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

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Governance

Voting Members
1
Independent Members
N/A
Employees
6
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
1
$18,115
Total Directors
1
$18,115
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL GRAYSON EXECUTIVE DIRECTOR 35.00
Officer Director
$18,115 $0 $18,115
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
2022 $306,133 $411,909 $52,632 $-105,776
2021 $356,752 $203,457 $158,408 $153,295
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