California · Nonprofit
Credit Abuse Resistance Education Los Angeles
Credit Abuse Resistance Education Los Angeles (California) receives grants from 2 organizations whose IRS filings report $25,000 to it, the largest being AMERICAN COLLEGE OF BANKRUPTCY FOUNDATION ($15,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $131k
- Funders on record
- 2
- Grants received
- $25k
- Net assets
- $141k
What Credit Abuse Resistance Education Los Angeles does
Mission
CARE (Credit Abuse Resistance Education) is a national organization thats designed to alert students and adults to the many consequences of consumer credit abuse. Originally founded in 2002 by U.S. Bankruptcy Court Judge John C. Ninfo II in upstate New York, CARE programs proliferated around the country until 2015 when CARE was organized into its own independent 501(c)(3) not-for-profit organization. CARE developed out of a growing conviction among legal and business professionals that financial literacy in America must improve.The CARE program achieves its mission by providing in-school presentations to students at high schools and colleges, as well as other community groups. Bankruptcy judges, lawyers, bankruptcy trustees, business professionals, and financial services professionals (including TransUnion, one of the big 3 credit bureaus) typically give these presentations. We make these presentations for free, taking time out of our own schedules to meet with students in the school e
As stated on its FY2025 Form 990-EZ.
Program
During 2025, CARE Los Angeles significantly expanded the scale, reach, and delivery of its financial literacy programming, providing more than 127 presentations across Southern California. These workshops engaged an estimated 3,000 students, young adults, and community members. During this period, CARE Los Angeles also established partnerships with 35 new presentation sites, reflecting strong and growing community demand for accessible, practical financial education.While CARE Los Angeles continued to primarily serve inner-city high schools, the organization also broadened its reach by delivering financial literacy presentations to a diverse range of community-based organizations. These partnerships allowed CARE LA to engage individuals and families at various life stages and points of need, including presentations for Childrens Collective, Tarzana Treatment Center, PalmsRancho Park Library, Aviva Family and Childrens Services, and Partners for Children South LA.In practice, CARE Los Angeles implemented its program through in-person and virtual, interactive workshops facilitated by trained volunteers with professional expertise in bankruptcy law, finance, and business. During the…
$40,764 spent100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $40,764.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $69k to $141k (+106%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of Credit Abuse Resistance Education Los Angeles’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
Leadership and staff
Board chair
Jeffrey Pomerantz
Chairman
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Credit Abuse Resistance Education Los Angeles’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Credit Abuse Resistance Education Los Angeles leans on a few funders — its largest provides 60% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Credit Abuse Resistance Education Los Angeles.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Credit Abuse Resistance Education Los Angeles draws 100% of its grant income from funders outside California, across 1 state in all.
Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Credit Abuse Resistance Education Los Angeles runs a healthier operating margin than three-quarters of the 3,482 youth development nonprofits its size.
this organization peer median middle 50% of peers· 3,482 youth development nonprofits $100k–$1M, FY2025
Organizations like Credit Abuse Resistance Education Los Angeles
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Credit Abuse Resistance Education Los Angeles: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Credit Abuse Resistance Education Los Angeles?
- Credit Abuse Resistance Education Los Angeles (California) receives grants from 2 organizations whose IRS filings report $25,000 to it, the largest being AMERICAN COLLEGE OF BANKRUPTCY FOUNDATION ($15,000). 0 of them have funded it in more than one year.
- How many funders does Credit Abuse Resistance Education Los Angeles have?
- IRS filings report 2 organizations giving $25,000 in grants to Credit Abuse Resistance Education Los Angeles.
- Who is the largest funder of Credit Abuse Resistance Education Los Angeles?
- AMERICAN COLLEGE OF BANKRUPTCY FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
- How can an organization like Credit Abuse Resistance Education Los Angeles find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing