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INSTITUTE OF STUDENT LOAN ADVISORS CORPORATION

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Public IRS 990 nonprofit record

INSTITUTE OF STUDENT LOAN ADVISORS CORPORATION

EIN 82-2724117 · Educational Services (B90)

What they do

THE INSTITUTE of STUDENT LOAN ADVISORS CORPORATION (TISLA) WAS FOUNDED to ENSURE THAT ALL STUDENT LOAN BORROWERS HAVE ACCESS to FREE, NEUTRAL and CLEAR STUDENT LOAN ADVICE and DISPUTE RESOLUTION ASSISTANCE. WE ARE A 501(C)( 3) NON-PROFIT WHO BELIEVES THAT THESE BORROWERS HAVE A RIGHT to A TRUSTED RESOURCE WITH INDUSTRY EXPERIENCE to MENTOR, EDUCATE and ADVOCATE for THEM. STUDENT LOAN BORROWERS HAVE A RIGHT to SUCH A RESOURCE WITHOUT BEING CHARGED A FEE, BARRAGED WITH ADVERTISEMENTS or FORCED to PROVIDE PERSONAL INFORMATION THAT MAY LATER BE SOLD. OUR GOAL is to HELP YOU HELP YOURSELF. WE ARE NOT HERE to MANAGE YOUR STUDENT LOANS for YOU, BUT to GIVE YOU EXPERT ADVICE and HELP YOU to MANAGE THEM SUCCESSFULLY. WE WILL OFFER FAIR, NEUTRAL ADVICE THAT OUTLINES WHAT YOU ARE ELIGIBLE for THAT is IN LINE WITH CURRENT REGULATION and STATUTE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $57.90 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 leaders6 people are listed in the latest report.

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

Money made simple

62.85%of revenue went to mission work57.9% of expenses · Program services
$109.80spent for every $100 of revenueSpending was higher than revenue this year.
$0.38in assets for every $1 spent this yearSome assets cannot be spent right away.
26.0%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.

Worth asking: Expenses exceeded revenue by $10,299 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $63,265 for ELIZABETH MAYOTTE (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 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$120,046
Mission workProgram services$75,44862.85% of revenue57.9% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$130,274108.52% 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: 57.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.52% of revenue
2023Expense mix: 53.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.74% of revenue
2021Expense mix: 98.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.13% of revenue

Money in and money out

Revenue$105,086
Expenses$115,385
Annual shortfall $10,299 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)$75,448 · 65.4% of expenses
See all reported dollar amounts
Revenue$105,086
Expenses$115,385
Assets$44,354
Income$105,086
Contributions$27,292
Mission work (program services)$75,448
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
ELIZABETH MAYOTTEPRESIDENT · 40 hrs/week $63,265

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 (6)

ELIZABETH MAYOTTEPRESIDENT

BARBARA MATEZDIRECTOR

BRENDAN FUREYSECRETARY

CATHERINE GIBSONDIRECTOR

PAUL COMBEDIRECTOR

RANDY BEHMDIRECTOR

About this charity

Recognized since
January 2018
Location
8 LANTERN LN, PLYMOUTH, MA 02360-5014
County
Plymouth
In care of
% ELIZABETH MAYOTTE
Primary officer
ELIZABETH MAYOTTE, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990EZ
Tax preparer
MATTHEWS CARTER & BOYCE
NTEE classification
Educational Services (B90)
IRS tax category
Educational Services

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

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