Public Charity

CREDIT BUILDERS ALLIANCE INC

CREDIT BUILDERS ALLIANCE INC, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.9M in revenue, $5.0M in expenses, $8.6M in total assets. 15 publicly reported grants to this organization, totaling roughly $3.5M, appear in IRS filings.

EIN: 208351782 WASHINGTON, DC Management & Technical Assistance NTEE: Y02 Latest filing: 2024
Total Revenue$4.9M
Total Expenses$5.0M
Total Assets$8.6M
Grant Records15
Funding Total$3.5M
Filing Years2020–2024

Mission

CBA'S MISSION IS TO HELP ORGANIZATIONS MOVE PEOPLE FROM POVERTY TO PROSPERITY THROUGH CREDIT BUILDING. WE DO THIS BY BUILDING THE CAPACITY OF OUR NONPROFIT AND MUNICIPAL MEMBERS TO IMPLEMENT STRATEGIES NECESSARY TO HELP THEIR CLIENTS BUILD CREDIT AND ENTER THE FINANCIAL MAINSTREAM. CBA FILLS A VOID BY BEING A BRIDGE FOR CREDIT BUILDING ACTIVITIES FOR NON- TRADITIONAL FINANCIAL SERVICE PROVIDERS. OUR ACTIVITIES FALL ALONG A CONTINUUM, WHICH ALLOWS CBA TO MEET OUR MEMBERS' NEEDS AT WHEREVER POINT THEY MAY BE IN THE CREDIT BUILDING PROCESS.

Where $100 goes at Credit Builders Alliance Inc

How Credit Builders Alliance Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$84 Programs the work itself
$15 Management running the organization
$1 Fundraising raising the next dollar

Inside the $84 for programs

$63
1.Core platform services: member and stakeholder relations, credit bureau services, and training institute a.Member and stakeholder relations in 2024 our member and stakeholder relations team supported the onboarding…
76% of program spending · Reported in the filing: 71 members; 637 members; 415 nonprofits
$21
2.Innovations cba incubates a number of emerging and innovative credit building initiatives that advance its theory of change: building credit is part of the asset building pathway to…
24% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Abigail Lovell
DIRECTOR Aparna Sarin
DIRECTOR Cindy Logsdon
DIRECTOR Courtney Brinkman
DIRECTOR Cy Richardson
CEO Dara Duguay

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,261,600 3 grants
Health & Medicine
$1,000,000 1 grant
General Support
$372,551 6 grants
Research & Policy
$50,000 1 grant
Training & Professional Development
$37,775 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.9M $5.0M $8.6M
2023 $4.7M $4.5M $8.5M
2022 $5.6M $3.4M $8.2M
2021 $4.1M $2.2M $3.6M
2020 $2.0M $1.9M $1.8M

Between 2020 and 2024, reported annual revenue grew from $2.0M to $4.9M (+145%), with total assets most recently reported at $8.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CREDIT BUILDERS ALLIANCE INC

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