ONLINE LENDERS ALLIANCE Charity Report

Public IRS 990 nonprofit record

ONLINE LENDERS ALLIANCE

EIN 20-2890680 · Chambers of Commerce & Business Leagues (S41)

What they do

ONLINE LENDERS ALLIANCE (OLA) is A PROFESSIONAL TRADE ASSOCIATION REPRESENTING THE GROWING INDUSTRY of ONLINE LENDERS. OLA is VESTED IN THE SUCCESS of ITS MEMBER COMPANIES and THEIR CUSTOMERS IN ALL MATTERS RELATED to ONLINE FINANCIAL SERVICES. OUR MISSION is to PROMOTE A DIVERSE and RESPONSIBLE MARKETPLACE for ACCESS to INNOVATIVE ONLINE FINANCIAL SERVICES THROUGH INDUSTRY SOLUTIONS to ENSURE THE SAFETY and SECURITY of ONLINE TRANSACTIONS; and EDUCATION, COMMUNICATION, COLLABORATION and ADVOCACY WITH POLICY MAKERS and OPINION LEADERS. OLA MEMBER COMPANIES ABIDE BY COMPREHENSIVE BEST PRACTICES and A CODE of CONDUCT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 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 2024The charity has a recent tax report to read.

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

They name their leaders24 people are listed in the latest report.

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

Money made simple

88.25%of revenue went to mission work100.0% of expenses · Program services

$88.25spent for every $100 of revenueRevenue covered expenses this year.

$1.02in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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 $545,383 for ANDREW M DUKE (CHIEF EXECUT). 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 2024

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,857,480

Mission workProgram services$6,934,13788.25% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$923,34311.75% of revenueShown in gray on the chart

Total expenses$6,934,13788.25% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 88.25% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 83.27% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.24% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 77.38% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.66% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.39% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.87% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.15% of revenue

Money in and money out

Revenue$7,857,480

Expenses$6,934,137

Annual surplus $923,343 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)$6,934,137 · 100.0% of expenses

See all reported dollar amounts

Revenue$7,857,480

Expenses$6,934,137

Assets$7,038,527

Income$7,857,480

Mission work (program services)$6,934,137

Accounting fees$66,000

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

ANDREW M DUKECHIEF EXECUT · 40 hrs/week $545,383

LIZ JAYANKURA-JONESCHIEF REVENU · 40 hrs/week $235,383

MICHAEL F DAYPOLICY DIREC · 40 hrs/week $222,800

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 (24)

ANDREW M DUKECHIEF EXECUT

LIZ JAYANKURA-JONESCHIEF REVENU

MICHAEL F DAYPOLICY DIREC

JESSICA RUSTINDIRECTOR

WALT WOJCIECHOWSKIDIRECTOR

TINA HODGESDIRECTOR

TAYLOR MCCABEDIRECTOR

STEVE HOTZDIRECTOR

SHERRY TREPPADIRECTOR

SAMANTHA BENTSONDIRECTOR

SAM SPRATTDIRECTOR

KIRK CHARTIERDIRECTOR

KEN JUDDDIRECTOR

JASON HARVISONDIRECTOR

JAMES WHATLEYDIRECTOR

JAMES CELLIDIRECTOR

JAKE MOOREDIRECTOR

GLENN MCKAYDIRECTOR

ERIC WELCHDIRECTOR

ERIC LAUDIRECTOR

CLIVE KINROSSDIRECTOR

BILL BAKERDIRECTOR

BART MILLERTREASURER

ANNA FISHERDIRECTOR

About this charity

Recognized since: January 2006
Location: 1235 S CLARK STREET SUITE 605, ARLINGTON, VA 222024363
County: Arlington
In care of: ANDREW M DUKE
Primary officer: ANDREW M DUKE, CHIEF EXECUTIVE OFF.

How to reach them

WebsiteVisit the charity’s website Emailcontact@oladc.org Phone(703) 567-0327

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: STRATEGIC ACCOUNTING SERVICES INC
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues