Mission
THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE FREE CREDIT COUNSELING TO THE GENERAL PUBLIC. DIRECT CONSULTATIONS WITH TRAINED STAFF, PROGRAM IMPLEMENTATION AND SEMINARS HAVE BEEN EXTREMELY SUCCESSFUL.
Public Charity
AMERICAN CREDIT FOUNDATION
Based in DRAPER, UT, AMERICAN CREDIT FOUNDATION operates as a Public Charity. The organization reported $1.8M in revenue, $2.2M in expenses for fiscal year 2022. Imperigo tracks 8 reported grants from this foundation totaling approximately $274K.
EIN: 870628487
DRAPER, UT
Latest filing: 2022
Total Revenue$1.8M
Total Expenses$2.2M
Grants Given8
Grant Total$274K
Filing Years2018–2022
Where $100 goes at American Credit Foundation
How American Credit Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$93
The purpose of this organization is to provide free credit counseling to the general public
$1
Grant to lds church for help with the needy
Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
HELP THE NEEDY
$25,000
HELP THE NEEDY
$25,000
HELP THE NEEDY
$45,000
HELP THE NEEDY
$45,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
DIRECTOR
Curtis Jones
DIRECTOR
Daniel Weeks
MANAGER
John C Keller
DIRECTOR
Mike Carpenter
DIRECTOR
Richard Fowlks
PRESIDENT
Scott Peterson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2022 | $1.8M | $2.2M | — |
| 2021 | $2.3M | $2.0M | $674K |
| 2020 | $2.9M | $2.8M | $454K |
| 2019 | $2.6M | $2.6M | $378K |
| 2018 | $2.4M | $2.4M | $459K |
Between 2018 and 2022, reported annual revenue declined from $2.4M to $1.8M (-27%).
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in UT.
UT
Full geographic grant map with state-by-state breakdown available with membership.