Student Debt Crisis FY2022 filing

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Fundamentally reforming Student Debt and higher education loan policies

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $15K a year · 5% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Pay to officers and key staff
$100K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$129K
-51% vs prior year
Net assets
$63K
By yearFY2020–FY2025
Revenue
$129K
FY2022▼ -51%
Tap a bar for its year
Revenue by fiscal year
FY2020$278K
FY2021$262K
FY2022$129K
FY2023$76K
FY2024$20K
FY2025Not on file
Expenses
—
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020$199K
FY2021$312K
FY2022Not on file
FY2023Not on file
FY2024Not on file
FY2025$15K
Net assets
$63K
FY2022▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$105K
FY2021$55K
FY2022$63K
FY2023$66K
FY2024$67K
FY2025$53K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
$57,000Pt VII · Sec A
$43,000Pt VII · Sec A
$0Pt VII · Sec A

Natalia Abrams’s $57K as President is at the 92nd percentile of top reported officer pay among 146 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Natalia Abrams$57,000$87,000$53,271
Cody Hounaian—$58,000$28,541
Cody Hounanian$43,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Advocates for student debt relief and fairer higher education loan policies.

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Provided by the organization

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1 program · $312K · in their own filed words · FY2021
01

Student debt advocacy

$312Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2022 990-EZ, line by line.

1The main four
Money in
$129K
Other income$129K
Owns and owes
$63K
net assets
People
3
listed
Paid2
2In more detail
Revenue in detail
Other income$129K
Total revenue$129K
Assets in detailEnd of year
Net assets$63K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $15K$53K 990 PDF
FY2024 $20K$67K 990 PDF
FY2023 $76K$66K 990 PDF
FY2022 Viewing $129K$63K 990 PDF
FY2021 $262K$312K−$50K$55K 990 PDF
FY2020 $278K$199K$79K$105K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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