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Credit Abuse Resistance Education

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810788458 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Credit Abuse Resistance Education?

Credit Abuse Resistance Education, often referred to as CARE, is a nationwide, community-focused initiative. This nonprofit program harnesses the expertise of financial specialists, including bankruptcy experts, to deliver essential financial literacy lessons to young adults. By doing so, CARE aims to equip these individuals with foundational knowledge to make informed decisions about their finances, ultimately fostering financial responsibility and resilience.


Official website here: www.care4yourfuture.org

Is Credit Abuse Resistance Education legitimate?

Credit Abuse Resistance Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Abuse Resistance Education submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.care4yourfuture.org

What is the mission statement of Credit Abuse Resistance Education?

Credit Abuse Resistance Education, often referred to as CARE, operates as a national community service program. Its mission is centered around financial education, utilizing bankruptcy and other financial specialists to instruct young adults on the fundamentals of financial literacy. The objective is to equip these individuals with the necessary knowledge to make informed decisions about their financial future, thereby reducing the risk of credit abuse. The program aims to promote financial responsibility and financial well-being among young adults.


Official website here: www.care4yourfuture.org

Who is the CEO of Credit Abuse Resistance Education?

Ted King is the Treasurer of Credit Abuse Resistance Education.


Official website here: www.care4yourfuture.org

What is the revenue of Credit Abuse Resistance Education?

Credit Abuse Resistance Education's revenue in 2022 was $163,806.


Official website here: www.care4yourfuture.org

Who are the executives of Credit Abuse Resistance Education and what are their salaries?


Here are 12 key members and their salaries:


Dan Fisher (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted King (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Clisham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Beran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bird (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Downey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Foley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Guon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Israel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Kane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.care4yourfuture.org

Where can I find the form 990EZ for Credit Abuse Resistance Education?

Credit Abuse Resistance Education's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.care4yourfuture.org

Learn more at the official website: www.care4yourfuture.org

Mission Statement of Credit Abuse Resistance Education

Credit Abuse Resistance Education, often referred to as CARE, is a national organization that serves a community purpose. Its mission is centered around financial literacy, utilizing the expertise of bankruptcy and other financial professionals to educate young adults. By doing so, CARE aims to equip these individuals with the fundamental knowledge required to manage their finances effectively. This educational program is designed to empower young adults, helping them make informed financial decisions and resist the misuse of credit.

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Impact




October, 2024

Credit Abuse Resistance Education (CARE) significantly impacts young adults by providing them with essential financial literacy skills. By utilizing professionals in the bankruptcy and financial sectors, CARE equips participants with knowledge about responsible credit use, debt management, and overall financial decision-making. This education helps prevent financial pitfalls and fosters a greater understanding of how to navigate financial challenges effectively.

The program empowers individuals to make informed choices that can lead to better financial stability and independence. By targeting young adults, CARE addresses a critical need for financial education at a formative stage in their lives, promoting long-term community improvement and economic resilience. The influence of CARE extends beyond individual participants, as educated young adults contribute to healthier financial communities, reducing the risk of credit abuse and fostering responsible financial habits.




This information is meant to be a general summary of Credit Abuse Resistance Education. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$163,806 (2022)
Expenses
$290,559 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18
  • Gross Receipts: $163,806

Assets and Liabilities:

  • Total Assets: $185,695
  • Total Liabilities: $17,029
  • Net Assets: $168,666

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Organization Details

Principal Officer

Ted King

Main Address

66 CANAL CENTER PLAZA 600, ALEXANDRIA, VA, 22314

NTEE Category

Code: S80 - Community improvement

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