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CREDIT RESEARCH FOUNDATION INC

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Public IRS 990 nonprofit record

CREDIT RESEARCH FOUNDATION INC

EIN 13-5569334 · Public & Societal Benefit (W60M)

What they do

THE FOUNDATIONS PRIMARY OBJECTIVE is to PROVIDE EDUCATION and RESEARCH for TODAYS CREDIT, ACCOUNTS RECEIVABLE and CUSTOMER FINANCIAL SERVICE PROFESSIONALS. CRF PROMOTES LEADERSHIP and PROVIDES LINKAGE BETWEEN PRACTICE and EDUCATION, SERVING ITS DIVERSE MEMBERSHIP BY RECOGNIZING EXCELLENCE, PROMOTING THE EXCHANGE of INFORMATION and FOSTERING INTELLECTUAL DEVELOPMENT.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $76.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.1%of expenses went to mission work75.90% of revenue
$99.73spent for every $100 of revenueRevenue covered expenses this year.
23.9%of expenses went to management and office costs23.80% of revenue
$1.03in assets for every $1 spent this yearSome assets cannot be spent right away.
21.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $287,777 for MATT SKUDERA (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services76.1% of expenses75.90% of revenue
ManagementOffice and general costs23.9% of expenses23.80% of revenue
FundraisingAsking for donations0.0% of expenses
Total expenses99.70% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202576.1% mission
202481.7% mission
202376.5% mission
202278.5% mission
202172.0% mission
202073.6% mission
201980.5% mission
201879.2% mission

Money in and money out

Revenue$1,603,588
Expenses$1,599,320
Annual surplus $4,268 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,216,872 · 76.1% of expenses
Management and office costs$382,448 · 23.9% of expenses
See all reported dollar amounts
Revenue$1,603,588
Expenses$1,599,320
Assets$1,645,971
Income$4,448,534
Contributions$346,680
Mission work (program services)$1,216,872
Management and general$382,448
Stocks and bonds$227,589
Accounting fees$26,203
Investing fees$2,315
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MATT SKUDERAPRESIDENT · 40 hrs/week $287,777Base $274,577 · Other $13,200
CHERYL WEAVERLINGCFO · 40 hrs/week $188,775Base $180,615 · Other $8,160

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

MATT SKUDERAPRESIDENT

CHERYL WEAVERLINGCFO

ANDREW MALUEGVICE CHAIR

CHRIS ARRINGTONVICE CHAIR

CONRAD RAGANVENDOR REP

NANCY TOPICHTRUSTEE

ROBERT ANDERSONCHAIRMAN

TAYLOR RICKETTSPLATINUM PAR

TONI MARIE-MCLEANTRUSTEE

About this charity

Recognized since
January 1957
Location
1812 BALTIMORE BLVD H, WESTMINSTER, MD 21157
County
Carroll
In care of
MATT SKUDERA
Primary officer
MATT SKUDERA, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
L&H BUSINESS CONSULTING
NTEE classification
Public & Societal Benefit (W60M)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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