Debtwave Credit Counseling Inc

Human services organization based in Escondido, CA. 20 employees. Exempt under §501(c)(3).

MissionIT IS OUR COMMITMENT TO EDUCATE ON THE PROPER USE OF CREDIT THROUGH BUDGET MANAGEMENT, TO OFFER SOUND COUNSELING AND TO ASSIST CLIENTS TO REDUCE AND ELIMINATE DEBT. WE EDUCATE AND EMPOWER INDIVIDUALS AND FAMILIES TO MAKE SOUND FINANCIAL DECISIONS AND DEVELOP POSITIVE PERSONAL

Financial snapshot · TY 2024

$2.6M
Total revenue
$2.6M
Total expenses
$421K
Net assets

Financial health · TY 2024

46
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
3
0.5 months of expenses
Program efficiency
81
82.4% spent on programs
Revenue diversity
61
Mix of program fees, grants & contributions

Leadership compensation

Michael Marsden
Executive Dir.
$188,692
85th percentile vs. peers
Michelle Hamm
DIRECTOR OF ADMINISTRATION
$163,136
89th percentile vs. peers

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Debtwave Credit Counseling Inc Executive Compensation | 990 Data | DoubleNine