Certified Student Loan Advisors Board of Standards

Analysis

Certified Student Loan Advisors Board of Standards is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Certified Student Loan Advisors Board of Standards reported income of $231k and spending of $152k, leaving 34% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from $141k to $231k (+64%), an average of +64% a year. The sharpest change came in the year to February 2024, when income rose by 64%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Certified Student Loan Advisors Board of Standards sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Black in Robotics Inc ($231k), Frankfort School District 157-C Family School Partnership ($231k) and Mayflower Heritage Christian School ($231k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $119k (78% of expenses). At year end it held assets of $168k against liabilities of $0, net assets of $168k. It reported 3 employees.