Nonprofit screen
Screen a listEducational Credit Management Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$265Mrevenue
FY2024 · −38% in 3 yrs250staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin1.3%
Months of reserve1.1mo
Revenue growth (annualized)−5.9%
Middle half of peersMedianEducational Credit Management
Where the money goes FY2024 · $262M spent
Programs$214M82%Management and general$48M18%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor1
Strong governance
8 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI2funders
$7.1Ma year, last 3 years
71%from its largest funder
Funder’18’19’20’21’22’23ECMC Group IncNew in FY2023$15MECMC FoundationEvery year since FY2018$2.6M$2.3M$500k$1.9M$2.1M$2.0M
Funded