Cbm Credit Education Foundation Inc

Organization Overview

Cbm Credit Education Foundation Inc is located in Sun City Center, FL. The organization was established in 2000. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cbm Credit Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cbm Credit Education Foundation Inc generated $108.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $182.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Cbm Credit Education Foundation Inc has awarded 22 individual grants totaling $381,057. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION ENGAGES IN THE ACTIVE CONDUCT OF CONSUMER CREDIT EDUCATION THROUGH SPEAKING ENGAGEMENTS ON TOPICS SUCH AS IDENTITY THEFT AND THE PROPER USE OF CONSUMER CREDIT.


THE FOUNDATION CO-CONDUCTS AN ONGOING TRAINING PROGRAM FOR SECONDARY SCHOOL TEACHERS ON PERSONAL FINANCE AND THE PROPER USE OF CREDIT. THIS INCLUDES IN PERSON AND VIRTUAL OPTIONS.


THE PRESIDENT OF THE FOUNDATION VOLUNTEERS AND SERVES ON THE BOARD OF SEVERAL CONSUMER EDUCATION ORGANIZATIONS, INCLUDING CALL FOR ACTION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $34
Dividends & Interest $192,025
Net Rental Income$0
Net Gain on Sale of Assets -$83,500
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $108,559

Grants Awarded

Over the last fiscal year, Cbm Credit Education Foundation Inc has awarded $45,946 in support to 3 organizations.

Grant RecipientAmount

Madison, WI

PURPOSE: PROGRAMS

$36,485

NCL

PURPOSE: PROGRAMS

$7,500

NCL - WISCONSIN LIFE SMARTS

PURPOSE: PROGRAMS

$1,961
View Grant Profile

Create an account to unlock the data you need.

or