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Nonprofit · EIN 93-3506020

CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES

Tax-exempt · LOS ANGELES, CA 90064

Financials

$02023$69K$1342024$131K$59K2025
Revenue Expenses · by fiscal year end
Financials of CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$131,488$58,882$72,606$141,309–$141,309
December 31, 2024990-EZ$68,837$134$68,703$68,703–$68,703
December 31, 2023990-EZ$0––$0–$0
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$131,131
Investment income
$357

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$37,254
Professional fees and payments to contractors
$1,689
Other expenses
$19,939
Program services (functional)
$40,764

Balance sheet and other

Total assets, start of year
$68,703
Total assets, end of year
$141,309
Total liabilities, end of year
–
Net assets, end of year
$141,309
Cash, savings and investments
$141,309
Gross receipts
$131,488

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jeffrey PomerantzChairman5$0
Sharon KopmanVice Chair5$0
Elissa MillerVice Chairperso5$0
Victor OwensTreasurer5$0
Jeffrey DulbergSecretary5$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Jeffrey PomerantzChairman5$0
Sharon KopmanVice Chair5$0
Elissa MillerVice Chairperso5$0
Victor OwensTreasurer5$0
Jeffrey DulbergSecretary5$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Jeffrey PomerantzChairman5$0
Sharon KopmanVice Chair5$0
Elissa MillerVice Chair5$0
Victor OwensTreasurer5$0
Jeffrey DulbergSecretary5$0

Address and contacts

Address (IRS master file)
2733 MONTE MAR TER, LOS ANGELES, CA 90064-3407
In care of
% JEFFREY POMERANTZ
Signed the 990-EZ
Jeffrey Pomerantz, Chairman
Phone
(310) 277-6910
Return prepared by
Mary C Coffey CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 93-3506020 or by the name CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

CARE (Credit Abuse Resistance Education) is a national organization thats designed to alert students and adults to the many consequences of consumer credit abuse. Originally founded in 2002 by U.S. Bankruptcy Court Judge John C. Ninfo II in upstate New York, CARE programs proliferated around the country until 2015 when CARE was organized into its own independent 501(c)(3) not-for-profit organization. CARE developed out of a growing conviction among legal and business professionals that financial literacy in America must improve.The CARE program achieves its mission by providing in-school presentations to students at high schools and colleges, as well as other community groups. Bankruptcy judges, lawyers, bankruptcy trustees, business professionals, and financial services professionals (including TransUnion, one of the big 3 credit bureaus) typically give these presentations. We make these presentations for free, taking time out of our own schedules to meet with students in the school e

990-EZ for the year ended December 31, 2025

Program accomplishments

  • During 2025, CARE Los Angeles significantly expanded the scale, reach, and delivery of its financial literacy programming, providing more than 127 presentations across Southern California. These workshops engaged an estimated 3,000 students, young adults, and community members. During this period, CARE Los Angeles also established partnerships with 35 new presentation sites, reflecting strong and growing community demand for accessible, practical financial education.While CARE Los Angeles continued to primarily serve inner-city high schools, the organization also broadened its reach by delivering financial literacy presentations to a diverse range of community-based organizations. These partnerships allowed CARE LA to engage individuals and families at various life stages and points of need, including presentations for Childrens Collective, Tarzana Treatment Center, PalmsRancho Park Library, Aviva Family and Childrens Services, and Partners for Children South LA.In practice, CARE Los Angeles implemented its program through in-person and virtual, interactive workshops facilitated by trained volunteers with professional expertise in bankruptcy law, finance, and business. During the grant period, a portion of the funding supported a comprehensive refresh and rebranding of CARE LAs presentation materials. This effort significantly improved clarity, consistency, and relevance across all workshops. High school student volunteers were intentionally engaged in the rebranding process, providing valuable feedback and helping to update content, visuals, and examples to better reflect the real-life experiences and challenges faced by todays youth.The refreshed presentations incorporate real-world financial scenarios and are tailored to meet the needs of specific audiences, including high school students, first-generation college seekers, families, and adults navigating financial hardship. As part of this rebrand, CARE Los Angeles formally integrated interactive Kahoot-style quizzes and activities into its workshops. These tools reinforced key concepts such as budgeting, responsible credit use, and fraud prevention, while increasing participant engagement and knowledge retention through real-time feedback and discussion.CARE Los Angeles expanded its footprint to 35 new presentation sites, including high schools and community-based organizations serving survivors of domestic violence, formerly incarcerated youth, individuals in addiction recovery, families navigating financial settlements, and other underserved populations. This expansion enabled CARE LA to reach individuals facing heightened financial vulnerability who often lack access to reliable, unbiased financial education.Participant engagement throughout the year remained consistently strong. Workshops generated active discussion and thoughtful questions around real-life financial decisions, including managing debt, avoiding scams, understanding credit scores, and planning for education or employment expenses. Many participants noted that the refreshed materials, interactive Kahoot activities, and relatable examples made the content more approachable and immediately applicable.Overall, the accomplishments achieved during this period demonstrate CARE Los Angeles ability to responsibly scale its volunteer-led model while simultaneously enhancing program quality and participant engagement. The programs growth in volume, geographic reach, and instructional effectiveness reflects increasing community trust and underscores the ongoing need for practical, engaging, and accessible financial literacy education.
    Expenses $40,764

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
93-3506020
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$141,309
Income (IRS master file)
$131,488

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$131,488$58,882$141,309XML
990-EZDecember 2024$68,837$134$68,703IRS
990-EZDecember 2023$0–$0IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-3506020).

Questions about CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES

What is the EIN of CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES?
The employer identification number (EIN) of CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES is 93-3506020.
Is CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $131,488, expenses of $58,882 and total assets of $141,309 at year end.

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