DEBT EDUCATION AND CERTIFICATION FOUNDATION
112 GOLIAD ST, BENBROOK, TX 76126 www.debt-foundation.org

Total Revenue
$2,074,186
Total Expenses
$2,343,312
Net Assets
$940,708

Organizations Filed Purposes: DEBT EDUCATION AND CERTIFICATION FOUNDATION'S MISSION IS TO STRENGTHEN THE COMMUNITY BY PROVIDING FINANCIAL EDUCATION TO INDIVIDUALS AND FAMILIES IN NEED. COURSE CONTENT AND COUNSELING COVERS FINANCIAL EDUCATION TOPICS SUCH AS BUDGETING, MONEY MANAGEMENT, WISE USE OF CREDIT, AND PROVIDES THE INDIVIDUAL WITH AVAILABLE OPTIONS TO ADDRESS THEIR SPECIFIC FINANCIAL SITUATION. COUNSELING IS PROVIDED TO INDIVIDUALS IN ENGLISH OR SPANISH TO MEET THE CULTURAL DIVERSITY AND NEEDS OF THE COMMUNITY WITHOUT REGARD TO ONE'S ABILITY TO PAY. THE FOUNDATION DOES NOT OFFER, NOR PROVIDE, DEBT MANAGEMENT PLANS, DEBT NEGOTIATION OR DEBT SETTLEMENT SERVICES.

TO STRENGTHEN THE COMMUNITY BY PROVIDING FINANCIAL EDUCATION TO INDIVIDUALS AND FAMILIES IN NEED

DEBT EDUCATION AND CERTIFICATION FOUNDATION PROVIDES FINANCIAL EDUCATION COUNSELING TO INDIVIDUALS THROUGHOUT THE BANKRUPTCY PROCESS ACROSS THE UNITED STATES AND THE UNITED STATES TERRITORIES. SERVICES TOTALING $8,070 WERE PROVIDED FREE OF CHARGE. THE CERTIFIED CREDIT COUNSELORS COMPLETE INTERNAL TRAINING AND RECEIVE CERTIFICATION AS A CREDIT COUNSELOR FROM UNAFFILIATED OUTSIDE ORGANIZATIONS. CERTIFIED CREDIT COUNSELORS ALSO RECEIVE CALL AUDITS TO ENSURE COMPLIANCE WITH ORGANIZATION GUIDELINES AND ADHERENCE TO OTHER REGULATORY MANDATES. THE COUNSELING COVERS A VARIETY OF TOPICS TO AID THE INDIVIDUAL INCLUDING: CAUSE OF FINANCIAL DISTRESS, BUDGETING, MONEY MANAGEMENT, WISE USE OF CREDIT, CONSUMER PROTECTION LAWS AND PROVIDES INDIVIDUALS WITH AVAILABLE OPTIONS TO ADDRESS THEIR SPECIFIC FINANCIAL SITUATION. CONSUMERS ALSO RECEIVE INSTRUCTION THROUGH ONLINE OR TELEPHONIC RESOURCES DESIGNED TO PROVIDE THE INDIVIDUAL WITH TOOLS AND KNOWLEDGE TO IMPROVE MONEY MANAGEMENT SKILLS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Doug TonneCOO40$163,496
Mitchell AllenCEO40$120,303
Justine BoydstonVP OF COUNSELING40$118,088
Nat HoltCFO40$100,245
Robert OlsonSECRETARY/DIRECTOR2$0
Mitch GervisTREASURER/DIRECTOR2$0
Hillary StrasnerDIRECTOR2$0
Bill PardueDIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101339349305185_public.xml