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 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.

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

EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$1,261,600 3 grants
INCREASING NATIONAL CREDIT HEALTH
$1,000,000 1 grant
POWER OF CREDIT BUILDING
$750,000 1 grant
PROGRAM SERVICE
$275,000 2 grants
EQUITABLE LENDING: PLAYING OUR PART TO BUILD A FAIR AND ANTI-RACIST FINANCIAL SYSTEM
$52,551 1 grant

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.

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