First Stone Credit Counseling
- Assets
- $168.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 07/1997
- Data as of
- 02/2022
- EIN
- 75-2698055
Organization Overview
First Stone Credit Counseling is located in Plano, TX. The organization was established in 1997. 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. First Stone Credit Counseling 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 02/2022, First Stone Credit Counseling generated $5.0k 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 (20.1%) each year. All expenses for the organization totaled $4.8k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (20.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE TAXPAYER ASSITS PEOPLE IN RESOLVING CREDIT ISSUES AND TO LEARN HOW TO PROPERLY BUDGET THEIR FINANCES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $160 |
| Occupancy, rent, utilities, and maintenance | $189 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,467 |
| Total expenses | $4,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,948 |
| Other assets | $0 |
| Total assets | $167,999 |
| Total liabilities | $27,195 |
| Net assets or fund balances | $140,804 |
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