2024-07-18T12:43:47-05:00 2023-12-31 464016990 THE PUN GROUP LLP 200 E SANDPOINTE AVENUE SUITE 600 SANTA ANA CA 92707 990 2023-01-01 330656671 SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT INC SPRI 8004318157 1450 IOWA AVENUE 200 RIVERSIDE CA 92507 CYNTHIA WILLIAMS PRESIDENT 8004318157 2024-07-18 CYNTHIA WILLIAMS 999009999 0 KENNETH HPUN CPA P01443751 9497778800 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z CYNTHIA WILLIAMS 1450 IOWA AVENUE SUITE 200 RIVERSIDE CA 92507 9859029 0 X WWW.CREDIT.ORG X 1974 CA TO PROVIDE CREDIT EDUCATION, PROMOTE FINANCIAL LITERACY, PROVIDE HOUSING AND COUNSELING SERVICES, RELIEVE THE BURDENS OF GOVERNMENT AND ASSIST INDIVIDUALS IN FINANCIAL DIFFICULTY. 5 4 64 4 0 0 2365082 5662524 3370733 3173470 31 396626 1249100 626409 6984946 9859029 0 0 0 0 3523794 2909871 0 0 0 5767067 4846833 9290861 7756704 -2305915 2102325 7401716 9852454 4351537 3764885 3050179 6087569 X THE 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). 0 0 1035280 1234784 DEBT MANAGEMENT PLANSCREDIT.ORG OFFERS DEBT REPAYMENT PLANS (I.E., DEBT MANAGEMENT PLANS ["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. 246069 6565450 HOUSING COUNSELINGCREDIT.ORG IS APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS A COMPREHENSIVE HOUSING COUNSELING AGENCY AND PROVIDES PRE-PURCHASE/FIRST-TIME HOMEBUYER EDUCATION, LANDLORD/TENANT RENTAL COUNSELING POST-HOME BUYER COUNSELING. 406500 1316825 REVERSE MORTGAGE COUNSELING: REVERSE MORTGAGE OFFERS CLIENTS GUIDANCE AS TO WHETHER A REVERSE MORTGAGE LOAN OPTION IS RIGHT FOR THEM AND, IF SO, HOW TO QUALIFY. 1545455 741969 1545455 741969 3233304 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 0 64 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AZ AR CA CT FL GA IL KS KY MD MA MI MN MO NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WV WI X X CYNTHIA WILLIAMS 8004318157 1450 IOWA AVENUE SUITE 200 RIVERSIDE CA 92507 ANTHONY TODD EMERSON PRESIDENT-CEO 60.00 X X 338187 0 14996 STACIE ANCTIL DIRECTOR 1.00 X 0 0 0 MIKE FRASCHILLA DIRECTOR 1.00 X 0 0 0 JOHN PERLSTEIN SECRETARY 1.00 X 0 0 0 ETHAN HORN TREASURER 1.00 X 0 0 0 JAMIE DEASON EXECUTIVE VICE PRESIDENT 50.00 X 159372 0 12986 MELINDA OPPERMAN CHIEF EXTERNAL AFFAIRS OFF 50.00 X 176060 0 15018 GLADYS REIMERS SVP OF COUNSELING SERVICES 40.00 X 105020 0 5994 MICHELLE TAYLOR VP OPERATIONS 40.00 X 109688 0 15941 888327 0 64935 5 0 1 0 SPRINGBOARD SOCIAL ENTERPRISES 27762 ANTONIO PARKWAY SUITE L1 299 LADERA RANCH CA 92694 MANAGEMENT CONSULTING 1281870 SPERIDIAN TECHNOLOGIES 2400 LOUISIANA BOULEVARD NE BUILDI ALBUQUERQUE NM 87110 SOFTWARE CONSULTANT 230520 NATIONAL FOUNDATION FOR CREDIT COUNSELIN PO BOX 5007 MERRIFIELD VA 22116 TRADE ASSOCIATION 171708 3 2238930 3423594 5662524 STATE PROGRAM SERVICES 611600 1356358 1356358 CREDIT AND DEBT COUNSE 611600 1063719 1063719 DEBT MANAGEMENT FEES 611600 557848 557848 HOUSING 611600 195545 195545 3173470 143326 143326 253300 0 253300 253300 253300 OTHER REVENUE 900099 626409 626409 626409 9859029 3799879 0 396626 673619 673619 1761699 1710679 51020 474553 348367 126186 567704 327238 240466 254521 161345 93176 37767 10400 27367 44947 9757 35190 302905 302905 707043 707043 120348 27656 92692 OUTSIDE SUPPORT SERVICE 1341089 1341089 SOFTWARE MAINTENANCE AN 446196 299538 146658 COMMUNICATION 353186 4240 348946 SOFTWARE LICENSES 199146 54739 144407 471981 279345 192636 7756704 3233304 4523400 0 2209411 2987747 787205 828780 272773 121942 159672 130273 1655221 1138449 861325 516772 2049928 4500904 1031403 736037 29999 29999 7401716 9852454 1957072 646804 422280 230880 150000 2151861 1822185 735340 4351537 3764885 X 3050179 5824944 262625 3050179 6087569 7401716 9852454 2102325 179635 755430 X X 0 1 X 1 0 X 352962 527459 2457261 3332490 5662524 12332696 14372468 3394327 3536118 3369693 3799879 28472485 14725430 3921786 5993379 6702183 9462403 40805181 0 19462 19462 19462 19462 40785719 230472 255091 31 396626 882220 230472 255091 31 396626 882220 14955902 4176877 5993379 6702214 9859029 41687401 0.97840 0.80710 0.02120 0.01250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 5138 1640 3498 1325326 925233 400093 48972 33800 15172 275785 177776 98009 516772 LEASE PAYABLE 735340 735340 X 10038664 179635 179635 9859029 0 9859029 7756704 0 7756704 0 7756704 PART X, LINE 2: THE 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 $7,670 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, 2023, THERE WAS NO UNCERTAIN TAX POSITION. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2017. 1 X X X X X X 0 1 0 0 0 0 0 0 0 ANTHONY TODD EMERSON PRESIDENT-CEO 338187 0 0 0 0 0 13200 0 1796 0 353183 0 0 0 MELINDA OPPERMAN CHIEF EXTERNAL AFFAIRS OFF 176060 0 0 0 0 0 6844 0 8174 0 191078 0 0 0 JAMIE DEASON EXECUTIVE VICE PRESIDENT 159372 0 0 0 0 0 6327 0 6659 0 172358 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR 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 12C EACH 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 15 THE 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 19 THE 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 2C ALL 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, SUMMARY ESTABLISHED IN 1974, SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT, INC. DBA 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 AN INDIVIDUAL'S 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 INDUSTRY GOVERNANCE, FISCAL INTEGRITY, COUNSELOR CERTIFICATION, AND SERVICE DELIVERY POLICIES. CREDIT.ORG'S TARGET POPULATION IS PREDOMINATELY LOW-TO-MODERATE INCOME ("LMI") LEVEL HOUSEHOLDS. IN 2023, THE ORGANIZATION ASSISTED APPROXIMATELY 63% LMI INDIVIDUALS AND FAMILIES. IN ADDITION, APPROXIMATELY 55% OF THE AGENCY'S CLIENTS COUNSELED IDENTIFIED AS RACIAL AND ETHNIC MINORITIES (FOR THOSE THAT CHOSE TO RESPOND). THESE FIGURES DO NOT INCLUDE PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION, OR WORKSHOPS WHERE DEMOGRAPHIC INFORMATION IS NOT REQUESTED. IN 2023, CREDIT.ORG PROVIDED DIRECT SERVICES TO 27,411 CONSUMERS, INCLUDING 12,966, IN FINANCIAL LITERACY AND EDUCATION PROGRAMS; 5,196 IN HOUSING COUNSELING; 5,552 IN CREDIT COUNSELING AND DEBT MANAGEMENT PROGRAMS, AND 3,694 IN WEB-BASED HOMEBUYER EDUCATION COURSES AND ONE-ON-ONE ADVISORY SESSIONS. FORM 990, PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PUBLIC 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 2023, THESE EFFORTS RESULTED IN 834,473 VISITORS TO CREDIT.ORG'S EDUCATIONAL WEBSITE FOR WHICH 99% WERE NEW USERS AND 1% WERE RETURNING VISITORS. CREDIT.ORG HAD OVER 626,241 VISITORS ACCESSING ITS EDUCATIONAL BLOG CONTENT, TOOLS, AND VARIOUS OTHER FINANCIAL RESOURCES, WITH ANOTHER 70,835 TOTAL PAGE VIEWS OF THE EDUCATIONAL COURSES LANDING PAGE (99.5% NEW USERS AND 0.5% RETURNING VISITORS). IN FURTHERANCE OF ITS EXEMPT CHARITABLE MISSION, CREDIT.ORG UNDERTOOK THE FOLLOWING 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; FORECLOSURE PREVENTION HOUSING COUNSELING; AND GENERAL CREDIT AND DEBT COUNSELING. CREDIT.ORG'S SERVICES ARE FREE, EXCEPT FOR PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION, PRE-PURCHASE HOMEBUYER EDUCATION, CREDIT REPORT REVIEWS, STUDENT DEBT COUNSELING, SOME HOMEBUYER EDUCATION COURSES, AND REVERSE MORTGAGE COUNSELING FOR WHICH THERE ARE MINIMAL CHARGES. CREDIT.ORG COACHES/COUNSELORS HAVE THE DISCRETION 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 2023, CREDIT.ORG WAIVED OR REDUCED FEES TOTALING $4,915 FOR 44 PRE-BANKRUPTCY COUNSELING SESSIONS AND 78 PRE-DISCHARGE DEBTOR EDUCATION CLIENTS. "HOUSING COUNSELING CREDIT.ORG IS APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS A COMPREHENSIVE HOUSING COUNSELING AGENCY AND PROVIDES PRE-PURCHASE/FIRST-TIME HOMEBUYER EDUCATION, LANDLORD/TENANT RENTAL COUNSELING POST-HOME BUYER COUNSELING AND REVERSE MORTGAGE COUNSELING. "BUDGET AND DEBT COUNSELING CREDIT.ORG PROVIDES GENERAL FINANCIAL LITERACY COUNSELING DESIGNED TO HELP COUNSELEES UNDERSTAND THE 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 DEBT REPAYMENT PLANS (I.E., DEBT MANAGEMENT PLANS ["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 IN 2023, THE CREDIT.ORG TRAINING TEAM CONDUCTED 93 WORKSHOPS AND EDUCATED 1,164 CONSUMERS THROUGH "LIVE" VIRTUAL SETTINGS (ZOOM, ETC.) REACHING CONSUMERS WELL BEYOND ITS TRADITIONAL SOUTHERN CALIFORNIA ROOTS WHERE IT WAS ONCE RESTRICTED TO BRICK-AND-MORTAR VENUES. THROUGH THE AGENCY'S ONLINE DISTANCE EDUCATION LEARNING PORTAL REFERRED TO AS THE FINANCIAL INSTRUCTIONAL TRAINING ("FIT") ACADEMY, CREDIT.ORG OFFERS CONSUMERS THE ABILITY TO EXPAND THEIR KNOWLEDGE AND UNDERSTANDING OF MONEY MATTERS FROM THE PRIVACY OF THEIR HOMES WHILE WORKING AT THEIR OWN PACE;, 11,286 CONSUMERS SIGNED ON TO UTILIZE THE ONLINE PLATFORM. STATISTICAL ANALYSIS OF PRE AND POST-TEST TAKERS OF FIT ACADEMY PROGRAMS REFLECTED A 28% AVERAGE INCREASE IN KNOWLEDGE GAINED. IN 2023, THE PRE-TEST AVERAGE SCORE WAS 68% AND THE POST-TEST AVERAGE SCORE WAS 87%, TRANSLATING TO AN INCREASE IN GRADE OF "D+" TO "B+." AT THE COMPLETION OF EACH CLASS, PARTICIPANTS RECEIVE RECOGNITION VIA A DOCUMENT OF ACHIEVEMENT. THE FIT ACADEMY HAS REACHED 21,938 CONSUMERS IN THE LAST TWO YEARS. AWARD-WINNING EDUCATION THE ORGANIZATION HAS RECEIVED MORE THAN A DOZEN AWARDS IN THE FINANCIAL LITERACY FIELD FOR ITS ACCOMPLISHMENTS IN PURSUIT OF EXCELLENCE AND PROMOTION OF CONSUMER FINANCIAL HEALTH. LAST YEAR, CREDIT.ORG WON ITS SEVENTH NATIONAL EDUCATION AND COUNSELOR OF THE YEAR AWARD FROM THE NATION'S LARGEST AND LONGEST-SERVING NONPROFIT FINANCIAL COUNSELING ORGANIZATION, THE NATIONAL FOUNDATION FOR CREDIT COUNSELING. ANNUALLY, CREDIT.ORG HOSTS AMERICA SAVES WEEK ("ASW") EVENTS IN RIVERSIDE, SAN BERNADINO, AND SAN DIEGO COUNTIES AS THE AGENCY IS THE LOCAL CAMPAIGN COORDINATOR (SEE BELOW). IN 2023, CREDIT.ORG AS ONE OF ONLY 20 RECIPIENTS TO BE HONORED OUT OF 3,900+ ORGANIZATIONS WITH THE SAVINGS CHAMPION AWARD FOR ASW 2023. MOBILE OUTREACH VALUABLE EDUCATION ("MOVE") CREDIT.ORG PROVIDES AND PROMOTES FINANCIAL LITERACY EDUCATION THROUGH CLASSES AND WORKSHOPS THROUGH ITS MOVE TAKE-IT-TO-THE-STREETS INITIATIVE. THE EFFORT SERVES THE COMMUNITY BY CONDUCTING IN-PERSON ON-SITE WORKSHOPS FOR MOSTLY LMI ATTENDEES IN ENGLISH AND/OR SPANISH. "AMERICA SAVES WEEK 2023" AMERICA SAVES WEEK IS AN ANNUAL MOVEMENT STARTED IN 2007 BY THE NONPROFIT CONSUMER FEDERATION OF AMERICA WHICH SOUGHT TO PROMOTE FISCAL RESPONSIBILITY AND AWARENESS, GOOD SAVING HABITS, AND FINANCIAL LITERACY PARTICULARLY FOR LMI INDIVIDUALS TODAY, 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 CREDIT.ORG'S WEEKLY NEWSLETTER IS SENT OUT TO A MIX OF OPT-IN EMAILS I.E. THOSE WHO HAVE SIGNED UP AT CREDIT.ORG'S WEBSITE AND CLIENTS WHO PREVIOUSLY RECEIVED COUNSELING. THE NEWSLETTER AUTHORED BY THE AGENCY COVERS A VARIETY OF WAYS TO SAVE MONEY INCLUDING FOOD, ENTERTAINMENT, CELEBRATIONS, AND HOME IMPROVEMENTS. THE ARTICLES FROM THE NEWSLETTER ARE CATALOGED ON THE AGENCY'S WEBSITE AND ARE AVAILABLE FREE OF CHARGE. " PUBLICATIONS AND FINANCIAL LITERACY WORKSHEETS CREDIT.ORG HAS AUTHORED A LIBRARY OF PUBLICATIONS AND BUDGETING WORKSHEETS TO HELP CONSUMERS MANAGE THEIR PERSONAL FINANCES AVAILABLE FOR FREE DOWNLOAD FROM THE AGENCY'S WEBSITE INCLUDING; BUDGETING 101 BUDGET 911 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) FORM 990, PART XI, LINE 9 NET ASSETS WITH DONOR RESTRICTIONS: NET ASSETS SUBJECT TO STIPULATIONS IMPOSED BY DONORS, AND GRANTORS. SOME DONOR RESTRICTIONS ARE TEMPORARY IN NATURE; THOSE RESTRICTIONS WILL BE MET BY ACTIONS OF THE ORGANIZATION OR BY THE PASSAGE OF TIME. ALL DONOR-RESTRICTED CONTRIBUTIONS AND GRANTS ARE REPORTED AS INCREASES IN NET ASSETS WITH DONOR RESTRICTIONS, DEPENDING ON THE NATURE OF THE RESTRICTIONS. WHEN A RESTRICTION EXPIRES, THOSE NET ASSETS WITH DONOR RESTRICTIONS ARE RECLASSIFIED TO NET ASSETS WITHOUT DONOR RESTRICTIONS AND REPORTED IN THE STATEMENT OF ACTIVITIES AS NET ASSETS RELEASED FROM RESTRICTIONS. OTHER DONOR RESTRICTIONS ARE PERPETUAL IN NATURE, WHERE BY THE DONOR HAS STIPULATED THE FUNDS BE MAINTAINED IN PERPETUITY. AT DECEMBER 31, 2023 AND 2022, NET ASSETS WITH DONOR RESTRICTIONS WERE $262,625 AND $755,430, RESPECTIVELY. SPRINGBOARD SOLUTIONS LLC 1450 IOWA AVENUE NO 200 RIVERSIDE CA 92507 273130421 GOVERNMENT CONTRACTING CA SPRINGBOARD NONPROFIT CONSUMER