Skip to content

Minnesota · Nonprofit

EDUCATIONAL CREDIT MANAGEMENT CORPORATION

EDUCATIONAL CREDIT MANAGEMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $41,213,577 to it, the largest being ECMC Group Inc ($27,799,000). 2 of them have funded it in more than one year.

Revenue FY2024
$265M
Funders on record
2
Grants received
$41M
Net assets
$42M
2/2 repeat funderspeak grant-dependency 6%
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 ($405M) Expenses 100 ($435M) Net assets 100 ($7.3M)2018 Revenue 91 ($370M) Expenses 81 ($351M) Net assets 357 ($26M)2019 Revenue 80 ($322M) Expenses 74 ($320M) Net assets 384 ($28M)2020 Revenue 68 ($274M) Expenses 67 ($293M) Net assets 128 ($9.4M)2021 Revenue 105 ($424M) Expenses 86 ($374M) Net assets 804 ($59M)2022 Revenue 89 ($362M) Expenses 78 ($339M) Net assets 1122 ($82M)2023 Revenue 79 ($318M) Expenses 83 ($362M) Net assets 524 ($38M)2024 Revenue 65 ($265M) Expenses 60 ($262M) Net assets 570 ($42M)
'17'18'19'20'21'22'23'24
Revenue (65)Expenses (60)Net assets (570)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

6% of EDUCATIONAL CREDIT MANAGEMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (0% for the typical peer).

This organization
Typical peer · 66 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$30M
’17
$19M
’18
$2.0M
’19
−$19M
’20
$50M
’21
$23M
’22
−$44M
’23
$3.4M
’24
1.1
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2.6M → $17M.

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

From the IRS filings of EDUCATIONAL CREDIT MANAGEMENT CORPORATION’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

EDUCATIONAL CREDIT MANAGEMENT CORPORATION leans on a few funders — its largest provides 67% 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

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 88% — diversifying over time.

“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 EDUCATIONAL CREDIT MANAGEMENT CORPORATION's grant income comes from Minnesota funders.

MN

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

’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

Against its field

EDUCATIONAL CREDIT MANAGEMENT CORPORATION's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin1% · below the median
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)−6% · bottom quartile

this organization peer median middle 50% of peers· 66 public benefit nonprofits over $100M, FY2024

Government funding EDUCATIONAL CREDIT MANAGEMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $34k on record.

State$34k
19
20
21
22
23
24
25
26
By state
  • CT$34k
  • FL$560

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like EDUCATIONAL CREDIT MANAGEMENT CORPORATION

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 Minnesota

Nationally

04Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

OR
CA
OK

Part of a family of 37 related entities

  • Ecmc Group Inc · exempt
  • Ecmc Foundation · exempt
  • Ecmc Education Inc · exempt
  • Ecmc Revenue Management Corporation · exempt
  • Ecmc Services Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EDUCATIONAL CREDIT MANAGEMENT CORPORATION: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EDUCATIONAL CREDIT MANAGEMENT CORPORATION?
EDUCATIONAL CREDIT MANAGEMENT CORPORATION (Minnesota) receives grants from 2 organizations whose IRS filings report $41,213,577 to it, the largest being ECMC Group Inc ($27,799,000). 2 of them have funded it in more than one year.
How many funders does EDUCATIONAL CREDIT MANAGEMENT CORPORATION have?
IRS filings report 2 organizations giving $41,213,577 in grants to EDUCATIONAL CREDIT MANAGEMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of EDUCATIONAL CREDIT MANAGEMENT CORPORATION?
ECMC Group Inc is the largest funder on record, with $27,799,000 in grants. The full list of funders is on this page.
How can an organization like EDUCATIONAL CREDIT MANAGEMENT CORPORATION 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 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. What this page cannot tell you · view filing