Nonprofit · EIN 20-2870155
DEBT EDUCATION AND CERTIFICATION FOUNDATION
Tax-exempt · BENBROOK, TX 76126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,266,119 | $2,132,553 | $133,566 | $1,993,613 | $859,763 | $1,133,850 |
| December 31, 2024 | 990 | $1,914,126 | $2,016,043 | -$101,917 | $1,700,866 | $784,948 | $915,918 |
| December 31, 2023 | 990 | $1,643,959 | $1,787,433 | -$143,474 | $2,004,727 | $1,072,138 | $932,589 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,203,903
- Investment income
- $19,745
- Net rental income
- $42,000
- Net gain from sales of assets
- $6,555
- Other revenue
- $42,471
Expenses
- Grants and similar amounts paid
- $2,520
- Compensation of officers, directors and key employees
- $241,594
- Other salaries and wages
- $908,049
- Salaries, compensation and benefits (total)
- $1,580,785
- Professional fundraising fees
- $0
- Legal fees
- $7,600
- Accounting fees
- $22,745
- Occupancy
- $62,598
- Travel
- $6,930
- Depreciation
- $24,925
- Program services (functional)
- $1,359,251
- Management and general (functional)
- $773,302
Balance sheet and other
- Total assets, start of year
- $1,700,866
- Total assets, end of year
- $1,993,613
- Total liabilities, end of year
- $859,763
- Net assets, end of year
- $1,133,850
- Land, buildings and equipment
- $680,675
- Publicly traded securities
- $893,649
- Net assets without donor restrictions
- $1,133,850
- Gross receipts
- $2,266,119
- Employees
- 25
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- TX
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG TONNE | PRESIDENT / CEO Trustee or director, Officer | 40 | $178,514 | $46,164 |
| NAT HOLT | CFO Officer | 40 | $45,450 | $44,658 |
| MARK BORGE | SECRETARY Trustee or director | 2 | $0 | $0 |
| BILL PARDUE | TREASURER Trustee or director | 2 | $0 | $0 |
| BILLY JUROSKA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLEY AMASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MITCHELL ALLEN | FORMER PRESIDENT / CEO - END DATE 4/30/2023 Former | 0 | $383,428 | $0 |
| DOUG TONNE | PRESIDENT / CEO Trustee or director, Officer | 40 | $171,500 | $34,452 |
| JUSTINE BOYDSTON | VP OF OPERATIONS Highest-paid employee | 40 | $122,577 | $10,058 |
| NAT HOLT | CFO Officer | 40 | $41,117 | $0 |
| MARK BORGE | SECRETARY Trustee or director | 2 | $0 | $0 |
| BILL PARDUE | TREASURER Trustee or director | 2 | $0 | $0 |
| BILLY JUROSKA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLEY AMASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG TONNE | PRESIDENT / CEO - START DATE 5/1/2023 Trustee or director, Officer | 40 | $158,992 | $32,375 |
| MITCHELL ALLEN | PRESIDENT / CEO - END DATE 4/30/2023 Trustee or director, Officer | 13 | $107,080 | $30,520 |
| JUSTINE BOYDSTON | VP OF OPERATIONS Highest-paid employee | 40 | $116,054 | $18,713 |
| NAT HOLT | CFO Officer | 40 | $35,000 | $0 |
| MARK BORGE | SECRETARY Trustee or director | 2 | $0 | $0 |
| BILL PARDUE | TREASURER Trustee or director | 2 | $0 | $0 |
| BILLY JUROSKA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLEY AMASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 114 GOLIAD ST, BENBROOK, TX 76126-2009
- In care of
- % KRISTI GEORGE
- Principal officer (990 for 2025)
- DOUG TONNE, 114 GOLIAD ST, BENBROOK, TX 76126
- Signed the 990
- DOUG TONNE, CEO
- Phone
- (866) 859-7323
- Website
- WWW.DEBT-FOUNDATION.ORG
- Return prepared by
- HATTER & ASSOCIATES LLP
Mission
ATTACHMENT 1
Program accomplishments
- ATTACHMENT 2Expenses $1,359,251 · grants $2,520 · revenue $2,203,903
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2870155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $1,993,613
- Income (IRS master file)
- $2,266,119
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,266,119 | $2,132,553 | $1,993,613 | IRS |
| 990 | December 2024 | $1,914,126 | $2,016,043 | $1,700,866 | IRS |
| 990 | December 2023 | $1,643,959 | $1,787,433 | $2,004,727 | XML |
| 990 | December 2022 | $1,654,078 | $1,340,834 | $1,976,853 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 20-2870155).
Questions about DEBT EDUCATION AND CERTIFICATION FOUNDATION
- What is the EIN of DEBT EDUCATION AND CERTIFICATION FOUNDATION?
- The employer identification number (EIN) of DEBT EDUCATION AND CERTIFICATION FOUNDATION is 20-2870155.
- Is DEBT EDUCATION AND CERTIFICATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DEBT EDUCATION AND CERTIFICATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEBT EDUCATION AND CERTIFICATION FOUNDATION 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 DEBT EDUCATION AND CERTIFICATION FOUNDATION 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 DEBT EDUCATION AND CERTIFICATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DEBT EDUCATION AND CERTIFICATION FOUNDATION?
- The 990 for the year ended December 31, 2025 names DOUG TONNE.
- Who are the officers and directors of DEBT EDUCATION AND CERTIFICATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $178,514 (DOUG TONNE, PRESIDENT / CEO).
- How much revenue does DEBT EDUCATION AND CERTIFICATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,266,119, expenses of $2,132,553 and total assets of $1,993,613 at year end.
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