CREDIT BUILDERS ALLIANCE INC Charity Report

Public IRS 990 nonprofit record

CREDIT BUILDERS ALLIANCE INC

EIN 20-8351782 · Management & Technical Assistance - Mutual & Membership Benefit (Y02)

What they do

CBAS MISSION is to HELP ORGANIZATIONS MOVE PEOPLE FROM POVERTY to PROSPERITY THROUGH CREDIT BUILDING. WE DO THIS BY BUILDING THE CAPACITY of OUR NONPROFIT and MUNICIPAL MEMBERS to IMPLEMENT STRATEGIES NECESSARY to HELP THEIR CLIENTS BUILD CREDIT and ENTER THE FINANCIAL MAINSTREAM. CBA FILLS A VOID BY BEING A BRIDGE for CREDIT BUILDING ACTIVITIES for NON- TRADITIONAL FINANCIAL SERVICE PROVIDERS. OUR ACTIVITIES FALL ALONG A CONTINUUM, WHICH ALLOWS CBA to MEET OUR MEMBERS NEEDS AT WHEREVER POINT THEY MAY BE IN THE CREDIT BUILDING PROCESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.90 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 leaders27 people are listed in the latest report.

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

Money made simple

91.73%of revenue went to mission work89.9% of expenses · Program services

0.30%of revenue went to fundraising0.3% of expenses

$102.05spent for every $100 of revenueSpending was higher than revenue this year.

10.03%of revenue went to management and office costs9.8% of expenses

$1.71in assets for every $1 spent this yearSome assets cannot be spent right away.

58.6%of its money came from giftsOther money may come from services or investments.

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.

Worth asking: Expenses exceeded revenue by $100,422 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $234,629 for DARA DUGUAY (CEO). 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$4,888,287

Mission workProgram services$4,483,83091.73% of revenue89.9% of expenses

ManagementOffice and general costs$490,16610.03% of revenue9.8% of expenses

FundraisingAsking for donations$14,7130.30% of revenue0.3% of expenses

Total expenses$4,988,709102.05% 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: 89.9% mission · 9.8% management · 0.3% fundraisingTotal expenses: 102.05% of revenue

2023Expense mix: 86.7% mission · 13.1% management · 0.2% fundraisingTotal expenses: 93.95% of revenue

2022Expense mix: 82.0% mission · 17.2% management · 0.8% fundraisingTotal expenses: 60.12% of revenue

2021Expense mix: 83.8% mission · 15.3% management · 0.9% fundraisingTotal expenses: 54.28% of revenue

2020Expense mix: 79.3% mission · 18.7% management · 2.0% fundraisingTotal expenses: 97.47% of revenue

2019Expense mix: 76.1% mission · 18.4% management · 5.5% fundraisingTotal expenses: 103.80% of revenue

2018Expense mix: 77.0% mission · 18.3% management · 4.8% fundraisingTotal expenses: 81.80% of revenue

2017Expense mix: 83.6% mission · 13.0% management · 3.4% fundraisingTotal expenses: 108.24% of revenue

Money in and money out

Revenue$4,888,287

Expenses$4,988,709

Annual shortfall $100,422 Expenses were higher than revenue 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)$4,483,830 · 89.9% of expenses

Management and office costs$490,166 · 9.8% of expenses

Fundraising$14,713 · 0.3% of expenses

See all reported dollar amounts

Revenue$4,888,287

Expenses$4,988,709

Assets$8,552,319

Income$9,428,687

Contributions$2,866,937

Mission work (program services)$4,483,830

Fundraising$14,713

Grants given$2,020,275

Average grant$23,222

Management and general$490,166

Executive compensation (total)$287,752

Stocks and bonds$3,005,491

Accounting fees$47,211

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

DARA DUGUAYCEO · 28 hrs/week $234,629Base $212,586 · Other $22,043

JULIA GAZIZOVACFO · 28 hrs/week $170,017Base $158,686 · Other $11,331

RICHARD REEVECHIEF PROGRA · 36 hrs/week $169,126Base $143,872 · Other $25,254

ELISABETH JOHNSON-CRAWFORDCHIEF TECHNI · 40 hrs/week $151,844Base $149,304 · Other $2,540

ZACH MORROWCOO · 20 hrs/week $149,770Base $140,756 · Other $9,014

MARY JO HALDERTRAINING DIR · 40 hrs/week $110,075Base $101,458 · Other $8,617

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 (27)

DARA DUGUAYCEO

JULIA GAZIZOVACFO

RICHARD REEVECHIEF PROGRA

ELISABETH JOHNSON-CRAWFORDCHIEF TECHNI

ZACH MORROWCOO

MARY JO HALDERTRAINING DIR

GIOVANNA PIOVANETTIDIRECTOR

VALECIA QUINNDIRECTOR

SHAWNA COLLIER - OUTGOINGDIRECTOR

SETH JULYAN - OUTGOINGDIRECTOR

PRISCILLA WOODIRECTOR

MARGARET LIBBYSECRETARY

LAURIE HUSABYDIRECTOR

KEVIN FRYATTTREASURER

JEFF RICHARDSONDIRECTOR

HOLLY FRINDELL - INCOMINGDIRECTOR

ABIGAIL LOVELLDIRECTOR

ERIC ELLMAN - OUTGOINGDIRECTOR

ELIZABETH FAIRMAN - INCOMINGDIRECTOR

DWAYNE KEYSDIRECTOR

DONOVAN DUNCANCHAIR

DINESH WADHWANI - OUTGOINGDIRECTOR

DERISON PUNTIERDIRECTOR

CY RICHARDSONDIRECTOR

COURTNEY BRINKMANDIRECTOR

CINDY LOGSDONDIRECTOR

APARNA SARINDIRECTOR

About this charity

Recognized since: January 2008
Location: 1701 K STREET NW STE 1000, WASHINGTON, DC 20006
County: District of Columbia
In care of: DARA DUGUAY
Primary officer: DARA DUGUAY, CEO

How to reach them

WebsiteVisit the charity’s website Emailhelp@creditbuildersalliance.org Phone(202) 730-9390

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KENDALL PREBOLA AND JONES LLC
NTEE classification: Management & Technical Assistance - Mutual & Membership Benefit (Y02)
IRS tax category: Management & Technical Assistance
Grant-giving organization: Yes