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CONSUMER BANKERS FOUNDATION

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Tax-exempt status may be revoked

CONSUMER BANKERS FOUNDATION

EIN 20-3036827 · Chambers of Commerce & Business Leagues (S41)

What they do

THE SPECIFIC and PRIMARY PURPOSE for WHICH THE CORPORATION is FORMED and for WHICH IT SHALL BE EXCLUSIVELY ADMINISTERED and OPERATED ARE to RECEIVE, ADMINISTER and EXPEND FUNDS for THE CHARITABLE and EDUCATIONAL PURPOSES (WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE of 1986) of THE CONSUMER BANKERS ASSOCIATION.

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This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

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 leaders6 people are listed in the latest report.

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

Money made simple

200.00%of revenue went to mission work40.6% of expenses · Program services

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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.

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$2,500
Mission workProgram services$5,000200.00% of revenue40.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$12,308492.32% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 40.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 492.32% of revenue
2022Expense mix: 56.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 178.70% of revenue
2021Expense mix: 80.2% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable
2020Expense mix: 74.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 70.85% of revenue
2019Expense mix: 73.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 121.15% of revenue
2018Expense mix: 86.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 103.71% of revenue
2017Expense mix: 60.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.96% of revenue

Money in and money out

Expenses$1,588

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)$5,000 · 314.9% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Expenses$1,588
Mission work (program services)$5,000
People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

DANNI LUTREASURER

DAVID POMMEREHNASSISTANT TREASURER

KEVIN OCONNORSECRETARY

LINDSEY JOHNSONPRESIDENT

LLOYD BROWNCOMMITTEE CHAIR

SAM WHITFIELDVICE PRESIDENT

About this charity

Recognized since
September 2013
Location
1225 NEW YORK AVE NW 1100, WASHINGTON, DC 20005
County
District of Columbia
In care of
LINDSEY JOHNSON
Primary officer
LINDSEY JOHNSON, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
GROSS MENDELSOHN & ASSOCIATES PA
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues
Revocation date
May 15, 2010

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

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