SPRINGBOARD NON-PROFIT CONSUMER CREDIT MANAGEMENT INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SPRINGBOARD NON-PROFIT CONSUMER CREDIT MANAGEMENT INC (EIN 33-0656671)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-10-05
IRS object ID
202142789349301404
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-10-05T11:41:35-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464016990PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THE PUN GROUP LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 E SANDPOINTE AVENUE SUITE 600AddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92707ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330656671EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SPRINGBOARD NONPROFIT CONSUMERBusinessNameLine1Txt
Business Name Line2CREDIT MANAGEMENT INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSPRIBusinessNameControlTxt
Phone8004318157PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 IOWA AVENUE NO 200AddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92507ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMELINDA OPPERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8004318157PhoneNum
Signature2021-10-05SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMELINDAPersonFirstNm
Person LastOPPERMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANCES KUOPreparerPersonNm
PTINP02057020PTIN
Phone9497778800PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMELINDA OPPERMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 IOWA AVENUE SUITE 200AddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92507ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,176,877GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CREDIT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1974FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO PROVIDE CREDIT EDUCATION, PROMOTE FINANCIAL LITERACY, PROVIDE HOUSING AND COUNSELING SERVICES, RELIEVE THE BURDENS OF GOVERNMENT AND ASSIST INDIVIDUALS IN FINANCIAL DIFFICULTY.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee55TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$352,962PYContributionsGrantsAmt
CY Contributions Grants$527,459CYContributionsGrantsAmt
PY Program Service Revenue$3,708,107PYProgramServiceRevenueAmt
CY Program Service Revenue$3,305,688CYProgramServiceRevenueAmt
PY Investment Income$10,791,793PYInvestmentIncomeAmt
CY Investment Income$255,091CYInvestmentIncomeAmt
PY Other Revenue$103,040PYOtherRevenueAmt
CY Other Revenue$88,639CYOtherRevenueAmt
PY Total Revenue$14,955,902PYTotalRevenueAmt
CY Total Revenue$4,176,877CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,788,915PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,723,390CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,547,403PYOtherExpensesAmt
CY Other Expenses$4,212,448CYOtherExpensesAmt
PY Total Expenses$7,336,318PYTotalExpensesAmt
CY Total Expenses$6,935,838CYTotalExpensesAmt
PY Revenues Less Expenses$7,619,584PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,758,961CYRevenuesLessExpensesAmt
Total Assets BOY$11,413,185TotalAssetsBOYAmt
Total Assets EOY$11,029,605TotalAssetsEOYAmt
Total Liabilities BOY$1,065,749TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,244,874TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,347,436NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,784,731NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE SPECIFIC PURPOSES OF THE CORPORATION SHALL BE TO SERVE THECOMMUNITY AND GENERAL PUBLIC BY PROVIDING EDUCATIONAL COUNSELINGSERVICES RELATING TO PERSONAL FINANCE AND CREDIT REGARDLESS OF ANINDIVIDUAL'S ABILITY TO PAY; THE DEVELOPMENT AND PROVISION OF HOUSINGAND COUNSELING SERVICES FOR THE BENEFIT OF MEMBERS OF AN APPROPRIATECHARITABLE CLASS; RELIEVING THE GOVERNMENTAL BURDENS OF FEDERAL,STATE AND LOCAL GOVERNMENTS AND THEIR POLITICAL SUBDIVIONS; AND BYENGAGING IN OTHER CHARITABLE AND EDUCATIONAL ACTIVITES PERMITTED OFORGANIZATIONS DESCRIBED IN INTERNAL REVENUE CODE 501(C)(3).MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$636,090ExpenseAmt
Revenue$789,931RevenueAmt
DescREVERSE MORTGAGE: REVERSE MORTGAGE OFFERS CLIENTS GUIDANCE AS TO WHETHER A REVERSE MORTGAGE LOAN OPTION IS RIGHT FOR THEM AND, IF SO, HOW TO QUALIFY. IN 2020, OVER 3,400 SESSIONS WERE CONDUCTED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,041,166ExpenseAmt
Revenue$1,353,225RevenueAmt
DescCREDIT AND DEBT COUNSELING: CREDIT.ORG PROVIDES FINANCIAL COACHINGIN THE AREAS OF MONEY MANAGEMENT AND BUDGETING FOR THOSE WITHCREDIT CARD AND OTHER UNSECURED DEBT. ONE POSSIBLE RESULT OF SUCHCOACHING IS ENROLLMENT IN A DEBT MANAGEMENT PROGRAM WHICH IS AMONITORED OR STRUCTURED REPAYMENT PLAN FOR WHICH NOMINAL FEES ARECHARGED.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$255,170ExpenseAmt
Revenue$514,120RevenueAmt
DescHOUSING EDUCATION: CREDIT.ORG PROVIDES EDUCATION TO FIRST TIMEHOMEBUYERS AND THOSE HOMEOWNERS SEEKING TO AVOID FORECLOSURE.THESE SERVICES ARE MOSTLY PROVIDED AT NO COST AND ARE FUNDED BYFEDERAL GRANTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBANDEVELOPMENT AS WELL AS OTHER PUBLIC AND PRIVATE SOURCES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$261,276ExpenseAmt
Revenue$737,051RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$261,276TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$737,051TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,193,702TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee55EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MELINDA OPPERMANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8004318157PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 IOWA AVENUE SUITE 200AddressLine1Txt
CityRIVERSIDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92507ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MELINDA OPPERMAN
PRESIDENT-CEO60.00Yes (X)Yes (X)$173,027$0$13,328
STACIE ANCTIL
DIRECTOR1.00Yes (X)$0$0$0
MIKE FRASCHILLA
DIRECTOR1.00Yes (X)$0$0$0
MEREDITH CHILLEMI
SECRETARY1.00Yes (X)$0$0$0
ETHAN HORN
TREASURER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$173,027TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$13,328TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$129,284GovernmentGrantsAmt
All Other Contributions$398,175AllOtherContributionsAmt
Total Contributions$527,459TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CREDIT COUNSELING AND611600$1,353,225$1,353,225
DEBT MANAGEMENT PLAN F611600$789,931$789,931
STATE PROGRAM ADMINIST611600$583,153$583,153
HOUSING COUNSELING AND611600$514,120$514,120
BANKRUPTCY COUNSELING611600$59,409$59,409

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,850TotalRevenueColumnAmt
Related Or Exempt Func Income$5,850RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,305,688TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$255,091TotalRevenueColumnAmt
Exclusion$255,091ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$88,639TotalRevenueColumnAmt
Related Or Exempt Func Income$88,639RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$88,639OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,176,877TotalRevenueColumnAmt
Related Or Exempt Func Income$3,394,327RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$255,091ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$186,355TotalAmt
Management And General$186,355ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,537,035TotalAmt
Program Services$1,634,555ProgramServicesAmt
Management And General$902,480ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,025TotalAmt
Management And General$1,025ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$205,693TotalAmt
Program Services$76,524ProgramServicesAmt
Management And General$129,169ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,150TotalAmt
Program Services$6,600ProgramServicesAmt
Management And General$1,550ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$460,255TotalAmt
Program Services$32,390ProgramServicesAmt
Management And General$427,865ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$286,397TotalAmt
Program Services$4,240ProgramServicesAmt
Management And General$282,157ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$57,019TotalAmt
Program Services$2,507ProgramServicesAmt
Management And General$54,512ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$29,824TotalAmt
Management And General$29,824ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$262,727TotalAmt
Management And General$262,727ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$94,444TotalAmt
Program Services$20,125ProgramServicesAmt
Management And General$74,319ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SERVICE FEES$1,791,516$23,358$1,768,158
COMMUNICATION$226,189$12,747$213,442

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$789,209TotalAmt
Program Services$380,656ProgramServicesAmt
Management And General$408,553ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,935,838TotalAmt
Program Services$2,193,702ProgramServicesAmt
Management And General$4,742,136ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,131,024BOYAmt
EOY$502,551EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$63,414BOYAmt
EOY$203,339EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,205,567BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$826,201EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,860BOYAmt
EOY$62,891EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,771,746LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,473,756LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$406,464BOYAmt
EOY$1,297,990EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,283,289BOYAmt
EOY$8,128,853EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$290,567BOYAmt
EOY$7,780EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,413,185BOYAmt
EOY$11,029,605EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$502,694BOYAmt
EOY$693,579EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$79,220BOYAmt
EOY$631,008EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$175,000BOYAmt
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$308,835BOYAmt
EOY$770,287EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,065,749BOYAmt
EOY$2,244,874EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,347,436BOYAmt
EOY$8,784,731EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,347,436BOYAmt
EOY$8,784,731EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,413,185BOYAmt
EOY$11,029,605EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,758,961ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,196,256NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,141,943CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,174,792CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,734,879CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$352,962CurrentTaxYearMinus1YearAmt
Current Tax Year$527,459CurrentTaxYearAmt
Total$8,932,035TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,122,289CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,722,892CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,517,117CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,372,468CurrentTaxYearMinus1YearAmt
Current Tax Year$3,394,327CurrentTaxYearAmt
Total$81,129,093TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,264,232CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,897,684CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,251,996CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,725,430CurrentTaxYearMinus1YearAmt
Current Tax Year$3,921,786CurrentTaxYearAmt
Total$90,061,128TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,940,137CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,977,473CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,221,961CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,462CurrentTaxYearMinus1YearAmt
Total$15,159,033TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,940,137CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,977,473CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,221,961CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,462CurrentTaxYearMinus1YearAmt
Total$15,159,033TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$74,902,095PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,099CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$107,234CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$155,668CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$230,472CurrentTaxYearMinus1YearAmt
Current Tax Year$255,091CurrentTaxYearAmt
Total$867,564TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,099CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$107,234CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$155,668CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$230,472CurrentTaxYearMinus1YearAmt
Current Tax Year$255,091CurrentTaxYearAmt
Total$867,564TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,383,331CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,004,918CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,407,664CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,955,902CurrentTaxYearMinus1YearAmt
Current Tax Year$4,176,877CurrentTaxYearAmt
Total$90,928,692TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.82370PublicSupportCY509Pct
Public Support PY5090.82630PublicSupportPY509Pct
Investment Income CY0.00950InvestmentIncomeCYPct
Investment Income PY0.00560InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,138OtherCostOrOtherBasisAmt
Book Value$5,138BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,967,845OtherCostOrOtherBasisAmt
Depreciation$963,726DepreciationAmt
Book Value$1,004,119BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,972OtherCostOrOtherBasisAmt
Depreciation$7,466DepreciationAmt
Book Value$41,506BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,749,791OtherCostOrOtherBasisAmt
Depreciation$4,502,564DepreciationAmt
Book Value$247,227BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,297,990TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED REVENUE$264,784
PAYABLE TO SPRINGBOARD SOCIAL ENTERPRISE$26,761
REFUNDABLE ADVANCE$478,742
FieldValueIRS element (for citing)
Total Liability$770,287TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,373,133TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,196,256NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,196,256RevenueNotReportedAmt
Revenue Subtotal$4,176,877RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,176,877TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,935,838TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,935,838ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,935,838TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WITH A SIMILAR EXEMPTION UNDER CALIFORNIA STATE LAW. THE AMOUNT OF $4,079 IS INCLUDED IN TAXES AND LICENSES IN THE CONSOLIDATED STATEMENT OF FUNCTIONAL EXPENSES WHICH IS LLC FEES AND INCOME TAXES PAID TO THE STATE OF CALIFORNIA. THE ORGANIZATION UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS, INCLUDING UNRELATED BUSINESS INCOME TAX. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT, WHICH IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2020, THERE WAS NO UNCERTAIN TAX POSITION. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2015.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMELINDA OPPERMANPersonNm
TitlePRESIDENT-CEOTitleTxt
Base Compensation Filing Org$173,027BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,345DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$6,983NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$186,355TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING, SPRINGBOARD'S FORM 990 IS REVIEWED INTERNALLY BY THE CEO, AS WELL AS BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. ONCE THESE REVIEWS ARE COMPLETE, ONE OF TWO PROCEDURES IS FOLLOWED: A. COPIES OF THE FORM 990 ARE GIVEN TO THE BOARD MEMBERS FOR REVIEW PRIOR TO THE ANNUAL MEETING. AT THE ANNUAL MEETING, FORM 990 IS DISCUSSED AND ANY QUESTIONS OR COMMENTS ARE ADDRESSED; OR B. A COPY OF THE FORM 990 IS GIVEN TO EACH BOARD MEMBER WITH A NOTICE THAT INFORMS THE BOARD MEMBER THEY SHALL HAVE A WEEK TO REVIEW THE FORM 990 AND TO SUBMIT ANY QUESTIONS OR COMMENTS TO THE CEO. THESE QUESTIONS OR COMMENTS ARE THEN ADDRESSED AND CIRCULATED TO THE BOARD MEMBERS, UNLESS THE BOARD CHAIR REQUESTS THAT A BOARD MEETING BE CONVENED AT WHICH ANY AND ALL QUESTIONS OR COMMENTS CAN BE ADDRESSED.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT FORM ANNUALLY. THE FORM CONTAINS THE COMPANY'S CONFLICTS POLICY, AS WELL AS AN AREA IN WHICH THE BOARD MEMBER DISCLOSES ANY AND ALL ORGANIZATIONS IN WHICH THE MEMBER IS A BOARD MEMBER, COMMITTEE MEMBER OR AN EMPLOYEE. ADDITIONALLY, THE MEMBER IS REQUIRED TO CERTIFY THAT, EXCEPT AS DESCRIBED IN THE FORM, THEY ARE NOT AND HAVE NOT IN THE PAST YEAR BEEN: 1.) A PARTICIPANT, DIRECTLY OR INDIRECTLY, IN ANY ARRANGEMENT, AGREEMENT, INVESTMENT, OR OTHER ACTIVITY WITH ANY VENDOR, SUPPLIER, OR OTHER PARTY DOING BUSINESS WITH SPRINGBOARD WHICH HAS RESULTED OR COULD RESULT IN PERSONAL BENEFIT TO THEM. 2.) A RECIPIENT, DIRECTLY OR INDIRECTLY, OF ANY SALARY PAYMENTS OR LOANS OR GIFTS OF ANY KIND OR ANY FREE SERVICE OR DISCOUNTS OR OTHER FEES FROM OR ON BEHALF OF ANY PERSON OR ORGANIZATION ENGAGED IN ANY TRANSACTION WITH SPRINGBOARD. KEY EMPLOYEES REVIEW THE EMPLOYEE CONFLICTS OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO ANNUALLY CERTIFY THAT THEY HAVE REPORTED IN WRITING ANY CIRCUMSTANCE THAT, SINCE THEIR LAST EXECUTION OF THE POLICY, DID OR MAY HAVE INVOLVED A CONFLICT OF INTEREST IN THE CONDUCT OF SPRINGBOARD'S BUSINESS, OR MAY HAVE CREATED THE APPEARANCE OF INVOLVING A CONFLICT OR IMPROPRIETY. THE KEY EMPLOYEE IS ALSO REQUIRED TO ATTACH TO THE SIGNED POLICY A COPY OF THE WRITING DISCLOSING THE POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES IS PERIODICALLY ESTABLISHED BY A BOARD COMPENSATION COMMITTEE. THIS COMMITTEE TAKES INTO CONSIDERATION A NUMBER OF FACTORS INCLUDING: (1) AN INDEPENDENT COMPENSATION STUDY OBTAINED BY THE COMPANY; (2) THE 990S OF OTHER SIMILAR ORGANIZATIONS; (3) INTERNALLY COMPLETED COMPENSATION STUDIES. ANNUAL COMPENSATION AND ANY MERIT INCREASES JUSTIFIED BY PERFORMANCE ARE RECOMMENDED BY THE EMPLOYEE'S DIRECT SUPERVISOR; HOWEVER, THEY ARE SUBJECT TO FINAL APPROVAL BY THE CEO, PROVIDED THEY ARE WITHIN THE COMPENSATION RANGES ESTABLISHED BY THE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S EXEMPT APPLICATION WITH THE SUPPORTING DOCUMENTATION AND THE ANNUAL RETURN ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST.
FORM 990, PART XII, LINE 2CALL REVIEW AND PROCESS FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR REMAINS CONSISTENT BETWEEN YEARS.
FORM 990, PART I, SUMMARYESTABLISHED IN 1974, SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT, INC. D/B/A CREDIT.ORG IS A NONPROFIT COMMUNITY SERVICE ORGANIZATION WHOSE MISSION IS TO STRENGTHEN COMMUNITIES AND EMPOWER CONSUMERS BY OFFERING EDUCATIONAL SERVICES THAT PROMOTE FINANCIAL LITERACY, QUALITY FINANCIAL COUNSELING, DEBT MANAGEMENT SOLUTIONS AND PATHWAYS TO AFFORDABLE HOUSING. CREDIT.ORG SERVES ALL SEGMENTS OF THE COMMUNITY, REGARDLESS OF THEIR ECONOMIC STATUS OR ABILITY TO PAY. THE AGENCY IS GOVERNED BY A VOLUNTARY AND DIVERSE COMMUNITY-BASED BOARD OF DIRECTORS AND IS ACCREDITED BY THE COUNCIL ON ACCREDITATION ("COA"), A NATIONALLY RECOGNIZED INDEPENDENT ACCREDITING BODY SIGNIFYING THE HIGHEST STANDARDS FOR AGENCY GOVERNANCE, FISCAL INTEGRITY, COUNSELOR CERTIFICATION AND SERVICE DELIVERY POLICIES. CREDIT.ORG'S TARGET POPULATION IS PREDOMINATELY LOW-TO-MODERATE INCOME ("LMI") LEVEL HOUSEHOLDS WHICH COMPRISED APPROXIMATELY 70% OF THE ORGANIZATION'S COUNSELED CLIENTELE IN 2020. ADDITIONALLY, OVER 51% OF THE AGENCY'S CLIENTS COUNSELED IN 2020 IDENTIFIED THEMSELVES AS RACIAL AND/OR ETHNIC MINORITY PERSONS (APPROXIMATELY 23% CHOOSE NOT TO PROVIDE THIS DEMOGRAPHIC INFORMATION). THESE FIGURES DO NOT INCLUDE PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION OR EDUCATIONAL WORKSHOPS. IN 2020, CREDIT.ORG PROVIDED DIRECT SERVICES TO 27,252 CONSUMERS, INCLUDING 8,313 IN FINANCIAL LITERACY AND EDUCATION PROGRAMS, 10,757 IN CREDIT AND DEBT MANAGEMENT PROGRAMS, 3,918 IN HOUSING COUNSELING PROGRAMS AND 4,264 IN DISTANCE EDUCATION PROGRAMS THAT SERVE PROSPECTIVE HOMEBUYERS NATIONWIDE WITH AN ON-LINE HOMEBUYER COURSE AND A ONE-ON-ONE ADVISORY SESSION THROUGH A TECHNOLOGICALLY-ADVANCED TELEPHONE COUNSELING CENTER TO ADDRESS THE INDIVIDUAL'S UNIQUE HOUSING GOALS.
FORM 990, PART III, STATEMENT OF PROGRAM SERVICEPUBLIC AWARENESS AND EDUCATIONAL MATERIALS CREDIT.ORG PROMOTES AND SEEKS TO RAISE PUBLIC AWARENESS OF ITS COUNSELING SERVICES AND THE AVAILABILITY OF ITS FINANCIAL LITERACY PROGRAMS AND MATERIALS THROUGH VARIOUS FORMS OF MEDIA, INCLUDING PRINTED MATERIALS AND THE INTERNET. IN 2020, THESE EFFORTS RESULTED IN 597,175 TOTAL NEW VISITORS TO CREDIT.ORG'S EDUCATIONAL SITE, AND 702,776 UNIQUE WEBSITE VISITS. EXCLUDING OUR NON-EDUCATIONAL PAGES, 407,219 ONLINE VISITORS ACCESSED OUR EDUCATIONAL CONTENT, TOOLS, AND VARIOUS OTHER FINANCIAL. IN FURTHERANCE OF ITS NONPROFIT CHARITABLE MISSION, CREDIT.ORG UNDERTOOK THE FOLLOWING EXEMPT PURPOSE ACTIVITIES: ITEM A - COUNSELING AND EDUCATION CREDIT.ORG'S COUNSELING AND EDUCATIONAL SERVICES INCLUDE: BUDGET COUNSELING, EDUCATIONAL PROGRAMS, SEMINARS AND MATERIALS FOR FINANCIALLY DISTRESSED CONSUMERS TO ASSIST WITH MONEY MANAGEMENT, DEBT EDUCATION AND UNDERSTANDING CREDIT, PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION, REVERSE MORTGAGE AND HOUSING COUNSELING, RENTAL AND EVICTION PREVENTING COUNSELING, FORECLOSURE PREVENTION HOUSING COUNSELING AND GENERAL CREDIT AND DEBT COUNSELING. CREDIT.ORG'S SERVICES ARE FREE WITH THE EXCEPTION OF PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION, PRE-PURCHASE HOMEBUYER EDUCATION, CREDIT REPORT REVIEW, SOME HOMEBUYER EDUCATION COURSES AND REVERSE MORTGAGE COUNSELING FOR WHICH A MINIMAL CHARGE IS MADE. AND WITH RESPECT TO THESE FEE SERVICES, CREDIT.ORG COACHES/COUNSELORS ALWAYS HAVE THE DISCRETION TO REQUEST TO WAIVE OR REDUCE RELATED CHARGES THROUGH CONSIDERATION OF AN INDIVIDUAL'S PERSONAL FINANCIAL SITUATION AND ABILITY TO PAY BASED ON THE BUDGET ANALYSIS REVIEWED BY THE COUNSELOR. IN 2020, CREDIT.ORG WAIVED AND REDUCED FEES TOTALING $4,397 FOR 36 DEBTOR-EDUCATION FINANCIAL SESSIONS AND 70 PRE-BANKRUPTCY COUNSELING SESSIONS. "HOUSING COUNSELING CREDIT.ORG IS APPROVED BY U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS A COMPREHENSIVE HOUSING COUNSELING AGENCY AND PROVIDES FIRST-TIME HOMEBUYER EDUCATION, LANDLORD/TENANT COUNSELING, PRE-PURCHASE AND POST-HOME BUYER COUNSELING, AS WELL AS REVERSE MORTGAGE COUNSELING. "BUDGET AND DEBT COUNSELING CREDIT.ORG PROVIDES GENERAL FINANCIAL LITERACY COUNSELING DESIGNED TO HELP COUNSELEES UNDERSTAND CAUSES OF FINANCIAL STRESS AND LEARN HOW TO TRACK AND EVALUATE SPENDING. THE COUNSELING SERVICE INCLUDES THE CREATION OF A STEP-BY-STEP PERSONALIZED BUDGET, TIPS TO HELP STAY WITHIN BUDGET AND AN ACTION PLAN AND OPTIONS TO HELP COUNSELEES MANAGE THEIR FINANCES MORE EFFECTIVELY. "DEBT MANAGEMENT PLAN CREDIT.ORG OFFERS A DEBT REPAYMENT PLAN (I.E. DEBT MANAGEMENT PLAN ["DMP"]) IN SITUATIONS WHERE SUCH A PLAN IS THE MOST BENEFICIAL COURSE OF ACTION FOR A PARTICULAR COUNSELEE AS AN INCIDENTAL FEATURE OF BUDGET AND DEBT COUNSELING. CREDIT.ORG USES ITS DMP PROGRAM AS AN EDUCATIONAL TOOL THAT PROVIDES INDIVIDUALS WITH AN OPPORTUNITY TO DEVELOP THE DISCIPLINE AND FINANCIAL MANAGEMENT SKILLS NECESSARY TO OVERCOME THEIR FINANCIAL PROBLEMS AND LEARN NEW SPENDING AND FAVORABLE CREDIT MANAGEMENT HABITS. ITEM B - COMMUNITY EDUCATION WORKSHOPS AWARD WINNING EDUCATION THE ORGANIZATION HAS RECEIVED MORE THAN A DOZEN AWARDS IN THE FINANCIAL LITERACY FIELD, INCLUDING SIX NATIONAL EDUCATOR OF THE YEAR AWARDS (2008, 2012, 2013, 2014, 2017, AND 2018), AND BEING TWICE HONORED BY THE UNITED WAY WITH THEIR COMMUNITY INITIATIVE PARTNER AWARD. IN 2019 CREDIT.ORG WON RUNNER-UP FOR THE NATIONAL FOUNDATION FOR CREDIT COUNSELING INDIVIDUAL HOUSING COUNSELOR OF THE YEAR AWARD FOR OUR ACCOMPLISHMENT IN THE PURSUIT OF EXCELLENCE AND PROMOTION OF CONSUMER FINANCIAL HEALTH. MOBILE OUTREACH VALUABLE EDUCATION ("MOVE") CREDIT.ORG PROVIDES AND PROMOTES FINANCIAL LITERACY EDUCATION THROUGH CLASSES AND WORKSHOPS THROUGH ITS MOVE INITIATIVE. THE INITIATIVE IS CREDIT.ORG'S "TAKE IT TO THE STREETS" STRATEGY. THE EFFORT SERVES THE COMMUNITY BY CONDUCTING WORKSHOPS FOR MOSTLY LMI ATTENDEES IN VIRTUAL OR IN-PERSON FACE-TO-FACE SETTINGS, IN ENGLISH AND/OR SPANISH. THROUGH MOVE, THE AGENCY TRAVELS TO SOCIAL SERVICE ORGANIZATIONS, COMMUNITY GROUPS, SCHOOLS AND COLLEGE CAMPUSES, MILITARY BASES, AND BUSINESSES TO CONDUCT FACE-TO-FACE FINANCIAL LITERACY SEMINARS IN COMMUNITY VENUES. DUE TO THE COVID-19 PANDEMIC, OUR MOVE WORKSHOPS TRANSITIONED FROM ON-SITE IN-PERSON FACE-TO-FACE WORKSHOPS TO LIVE VIRTUAL FACE-TO-FACE WORKSHOPS HELD VIA ZOOM, WEBEX, ETC. PLATFORMS. THE PARTICIPANTS ARE EDUCATED ON SUCH TOPICS AS BUDGETING, MONEY MANAGEMENT, HOME PRESERVATION FORECLOSURE PREVENTION, UNDERSTANDING CREDIT REPORTS AND SCORES AND IDENTITY THEFT PREVENTION. IN 2020, THE CREDIT.ORG TEAM CONDUCTED 60 WORKSHOPS AND EDUCATED 1,138 CONSUMERS IN FACE-TO-FACE SETTINGS IN SOUTHERN CALIFORNIA. FIT ACADEMY EDUCATIONAL OUTREACH IN 2020, CREDIT.ORG REACHED 5,993 PARTICIPANTS VIA OUR ON-LINE LEARNING CENTER DUBBED THE "FIT" (FINANCIAL INSTRUCTIONAL TRAINING) ACADEMY, AN ONLINE FINANCIAL EDUCATION CENTER DESIGNED TO HELP CONSUMERS BECOME MORE KNOWLEDGEABLE ABOUT FINANCIAL MATTERS. THE FIT ACADEMY OFFERS THE OPPORTUNITY FOR CONSUMERS TO EXPAND THEIR KNOWLEDGE AND UNDERSTANDING OF MONEY MATTERS FROM THE PRIVACY OF THEIR HOME WHILE WORKING AT THEIR OWN PACE. THE STATISTICAL ANALYSIS OF THE PRE AND POST-TESTS OF THE FIT PARTICIPANTS IN THE 4TH QUARTER OF 2020 REFLECTED AN AVERAGE KNOWLEDGE INCREASE OF ALMOST 30%. THE AVERAGE PRE-TEST SCORE WAS 69% ANSWERED CORRECTLY, AND THE AVERAGE POST-TEST WAS 90% WHICH TRANSLATES TO AN AVERAGE GRADE INCREASE OF A "D+" TO "A-". AT THE COMPLETION OF THE CLASS EACH PARTICIPANT RECEIVES RECOGNITION VIA A DOCUMENT OF ACHIEVEMENT. THE FIT ACADEMY HAS REACHED OVER 34,000 PARTICIPANTS IN THE LAST SEVEN YEARS. "AMERICA SAVES WEEK 2020" AMERICA SAVES IS A MOVEMENT THAT ENCOURAGES FISCAL RESPONSIBILITY, SAVING AND FINANCIAL LITERACY. CREDIT.ORG SUPPORTED THE NATIONAL, SOCIAL MARKETING CAMPAIGN "AMERICA SAVES WEEK 2020", THE GOAL OF THIS PROGRAM IS TO PROMOTE AWARENESS OF THE NEED FOR GOOD SAVING HABITS, PARTICULARLY FOR LMI INDIVIDUALS. CREDIT.ORG MANAGES TWO LOCAL AMERICA SAVES CAMPAIGNS; INLAND EMPIRE SAVES (WWW.IESAVES.ORG) AND SAN DIEGO SAVES (WWW.SDSAVES.ORG). ITEM C - FREE EDUCATIONAL MATERIALS AVAILABLE TO THE PUBLIC "CREDIT.ORG NEWSLETTER THE CREDIT.ORG WEEKLY NEWSLETTER IS SENT OUT TO A MIX OF OPT-IN EMAILS (THESE PEOPLE SIGNED UP TO RECEIVE IT ON CREDIT.ORG'S WEBSITE), AS WELL AS CLIENTS THAT RECEIVED COUNSELING. THE NEWSLETTER AUTHORED BY THE AGENCY COVERS A VARIETY OF WAYS TO SAVE MONEY IN MANY AREAS OF EVERYDAY LIFE, INCLUDING FOOD, ENTERTAINMENT, CELEBRATIONS AND HOME IMPROVEMENTS. THE ARTICLES FROM THE NEWSLETTER ARE CATALOGED ON THE AGENCY'S WEBSITE AND ARE AVAILABLE FOR FREE. "FINANCIAL LITERACY WORKSHEETS CREDIT.ORG AUTHORED A LIBRARY OF BUDGETING WORKSHEETS TO HELP CONSUMERS MANAGE THEIR PERSONAL FINANCES. THESE ARE AVAILABLE FOR FREE DOWNLOAD FROM THE AGENCY'S WEBSITE. "CREDIT.ORG'S PUBLICATIONS AUTHORED BY THE AGENCY AND AVAILABLE FOR FREE, INCLUDE: SURVIVING A JOB LOSS OR REDUCED INCOME COUPLES AND MONEY THE POWER OF PAYCHECK PLANNING SURVIVING THE HOLIDAYS THE WISE USE OF CREDIT RAISING A MONEY-SMART CHILD UNDERSTANDING YOUR CREDIT REPORTS AND SCORES ROADMAP TO FINANCIAL FREEDOM IDENTITY THEFT AWARENESS AND PREVENTION PREDATORY LENDING - DON'T BE A VICTIM! DEALS FOR WHEELS UNDERSTANDING & OVER COMING LOAN DENIAL BASICS OF FINANCIAL PLANNING ESSENTIAL COUPONING PRESERVING HOMEOWNERSHIP, FORECLOSURE PREVENTION (ENGLISH) CONSERVE SU CASA EVITE EL EMBARGO HIPOTECARIO (SPANISH) CONSUMER GUIDE TO GOOD CREDIT (ENGLISH) GUIA DEL CONSUMIDOR PARA BUEN CREDITO (SPANISH)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SPRINGBOARD AFFORDABLE HOUSING LLC
555 CORPORATE DRIVE SUITE 110LADERA RANCHCA92694454973595MULTIFAMILY PROPERTY DEVELOPMENTCA$4,820$5,310,765SPRINGBOARD HOUSING LLC
SPRINGBOARD HOUSING LLC
555 CORPORATE DRIVE SUITE 110LADERA RANCHCA92694454966244MULTIFAMILY PROPERTY INVESTMENTCA$0$252,000SPRINGBOARD NONPROFIT CONSUMER
SEMINOLE RIDGE - ORLANDO LLC
555 CORPORATE DRIVE SUITE 110LADERA RANCHCA92694371697092MULTIFAMILY PROPERTY MANAGEMENTNV$0$9,888,672SPRINGBOARD AFFORDABLE HOUSING LLC
SPRINGBOARD SOLUTIONS LLC
1450 IOWA AVENUE NO 200RIVERSIDECA92507273130421GOVERNMENT CONTRACTINGCA$460,772$9,056,083SPRINGBOARD NONPROFIT CONSUMER

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