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Minnesota · Nonprofit

ECMC GROUP INC

ECMC GROUP INC (Minnesota) receives grants from 2 organizations whose IRS filings report $1,847,916,565 to it, the largest being Educational Credit Management Corporation ($1,834,912,565). 2 of them have funded it in more than one year.

$501M
Revenue FY2024
2
Funders on record
$1.8B
Grants received
$1.3B
Net assets
2/2 repeat funderspeak grant-dependency 75%

Against its field

ECMC GROUP INC runs a healthier operating margin than three-quarters of the 696 education nonprofits its size.

Operating margin44% · top quartile
Months of reserve14.0mo · top quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 696 education nonprofits over $100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($408M) Expenses 100 ($220M) Net assets 100 ($598M)2018 Revenue 95 ($389M) Expenses 116 ($255M) Net assets 114 ($681M)2019 Revenue 89 ($362M) Expenses 76 ($168M) Net assets 142 ($847M)2020 Revenue 102 ($418M) Expenses 79 ($173M) Net assets 187 ($1.1B)2021 Revenue 138 ($564M) Expenses 69 ($152M) Net assets 266 ($1.6B)2022 Revenue 114 ($467M) Expenses 310 ($680M) Net assets 192 ($1.1B)2023 Revenue 1234 ($5.0B) Expenses 123 ($269M) Net assets 214 ($1.3B)2024 Revenue 123 ($501M) Expenses 128 ($281M) Net assets 219 ($1.3B)
'17'18'19'20'21'22'23'24
Revenue (123)Expenses (128)Net assets (219)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

26% of ECMC GROUP INC’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 729 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$189M
17
$134M
18
$194M
19
$245M
20
$412M
21
$213M
22
$4.8B
23
$220M
24
14
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $308M → $267M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
1
2
2
2
2
2
2

From the IRS filings of ECMC GROUP INC’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

ECMC GROUP INC leans on a few funders — its largest provides 99% 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

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 95% · 2021 100% · 2022 100% · 2023 99%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of ECMC GROUP INC's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like ECMC GROUP INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

9
board members
89%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 2 states

MN
CA

Part of a family of 41 related entities

  • Oakdale Student Loan Funding LLC · disregarded
  • Ecmc Shared Services Company LLC · disregarded
  • Patriot Student Loan Capital LLC · disregarded
  • Superior Solutions I Gp LLC · disregarded
  • Educational Credit Management Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ECMC GROUP INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ECMC GROUP INC?
ECMC GROUP INC (Minnesota) receives grants from 2 organizations whose IRS filings report $1,847,916,565 to it, the largest being Educational Credit Management Corporation ($1,834,912,565). 2 of them have funded it in more than one year.
How many funders does ECMC GROUP INC have?
IRS filings report 2 organizations giving $1,847,916,565 in grants to ECMC GROUP INC, 2 of which have funded it in more than one year.
Who is the largest funder of ECMC GROUP INC?
Educational Credit Management Corporation is the largest funder on record, with $1,834,912,565 in grants. The full list of funders is on this page.
How can an organization like ECMC GROUP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 FY2024 (financials across 2017–2024), and the filings of 2funders 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. What this page cannot tell you · view filing