Mission
TO ASSIST INDIVIDUALS WHO ARE EXPERIENCING FINANCIAL DIFFICULTIES THROUGH PROFESSIONAL CREDIT AND HOUSING COUNSELING SERVICES.
Public Charity
AMERICAN DEBT RESOURCES INC
AMERICAN DEBT RESOURCES INC, of MELVILLE, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $536K in revenue, $535K in expenses, $438K in total assets. 4 publicly reported grants to this organization, totaling roughly $131K, appear in IRS filings.
EIN: 113603198
MELVILLE, NY
Financial Counseling
NTEE: P51
Latest filing: 2024
Total Revenue$536K
Total Expenses$535K
Total Assets$438K
Grant Records4
Funding Total$131K
Filing Years2020–2024
Where $100 goes at American Debt Resources Inc
How American Debt Resources Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$51
Programs
the work itself
$49
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 $51 for programs
$51
The organization successfully counsels and eliminates the need for debt consolidation and bankruptcy through budget planning
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.
Sample Grants Received
Counseling Services
$43,900
Counseling Services
$27,300
Counseling Services
$38,143
Counseling Services
$22,093
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
President
Christian Moriarty
Board Member
Lloyd Anderson
Secretary
Stephen Dunat
Vice President
William Deliberti
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $536K | $535K | $438K |
| 2023 | $576K | $494K | $340K |
| 2022 | $441K | $425K | $257K |
| 2021 | $428K | $413K | $239K |
| 2020 | $427K | $418K | $227K |
Between 2020 and 2024, reported annual revenue grew from $427K to $536K (+26%), with total assets most recently reported at $438K.
Interactive year-over-year charts and full filing details available with membership.