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Nonprofit · EIN 56-2106758

CONSUMER EDUCATION SERVICES INC

Tax-exempt · RALEIGH, NC 27612

Financials

$5.4M$6M2022$2.8M$2.9M2023$1.3M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of CONSUMER EDUCATION SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,266,266$3,728,088-$2,461,822$23,278,173$109,237$23,168,936
June 30, 2024990$2,760,767$2,939,903-$179,136$25,151,407$195,145$24,956,262
June 30, 2023990$5,387,500$5,974,438-$586,938$23,042,605$910,616$22,131,989
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,000
Program service revenue
$558,925
Investment income
$684,710
Other revenue
$12,631

Expenses

Grants and similar amounts paid
$2,650,000
Compensation of officers, directors and key employees
$106,234
Other salaries and wages
$58,107
Salaries, compensation and benefits (total)
$325,056
Professional fundraising fees
$0
Occupancy
$18,905
Travel
$12,781
Depreciation
$30,610
Program services (functional)
$3,190,711
Management and general (functional)
$537,377

Balance sheet and other

Total assets, start of year
$25,151,407
Total assets, end of year
$23,278,173
Total liabilities, end of year
$109,237
Net assets, end of year
$23,168,936
Publicly traded securities
$19,615,979
Net assets without donor restrictions
$23,168,936
Gross receipts
$1,266,266
Employees
31
Year formed
1988
State of legal domicile
NC

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAYANG DIANE CHENCHAIRMAN/ SE
Trustee or director, Officer
40$106,234
ROBERT FITZGERALDBOARD MEMBER
Trustee or director
1$0
NAVEED IFTIKHARBOARD MEMBER
Trustee or director
1$0
ALEXIS NELSONBOARD MEMBER
Trustee or director
1$0
WAYNE STALLINGSBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
ROBB CZYZEWSKICHEIF OPERAT
Officer
40$147,075
STEVE COLETREASURER
Officer
40$106,889
DAYANG DIANE CHENCHAIRMAN/ SE
Trustee or director, Officer
5$106,301
ROBERT FITZGERALDBOARD MEMBER
Trustee or director
5$0
NAVEED IFTIKHARBOARD MEMBER
Trustee or director
5$0
ALEXIS NELSONBOARD MEMBER
Trustee or director
5$0
WAYNE STALLINGSBOARD MEMBER
Trustee or director
5$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
STEVEN COLETREASURER THRU 6/2023
Officer
40$221,673$13,186
MICHAEL CROXSONPRESIDENT/CEO THRU 10/2022
Officer
30$189,806$21,550
ROBB CZYZEWSKICHIEF OPERATING OFFICER
Officer
40$173,785$16,860
JOSEPH BATTLEGENERAL MANAGER
Highest-paid employee
40$101,000$8,127
DAYANG DIANE CHENCHAIRMAN / SECRETARY
Trustee or director, Officer
5$79,028$6,146
ALEXIS NELSONBOARD MEMBER
Trustee or director
5$0$0
WAYNE STALLINGSBOARD MEMBER
Trustee or director
5$0$0
ROBERT FITZGERALDBOARD MEMBER
Trustee or director
5$0$0
NAVEED IFTIKHARBOARD MEMBER
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
3724 NATIONAL DR STE 220, RALEIGH, NC 27612-4873
Principal officer (990 for 2024)
DAYANG DIANE CHEN, 3724 NATIONAL DRIVE SUITE 220, RALEIGH, NC 27612
Signed the 990
DAYANG DIANE CHEN, CHAIRMAN/ SECRETARY
Phone
(866) 484-5373
Return prepared by
PHILLIPS CPAS & ADVISORS

Mission

CONSUMER EDUCATION SERVICES, INC. EMPOWERS PEOPLE TO OVERCOME THEIR FINANCIAL CHALLENGES AND LEAD FINANCIALLY-HEALTHY LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • CREDIT COUNSELING AND EDUCATION, AND DEBT REDUCTION PROGRAM:THIS PROGRAM ASSISTS CLIENTS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF DEBT MANAGEMENT SERVICES, CREDIT COUNSELING, EDUCATION AND TRAINING, AND BUDGET PLANNING. CESI OFFERS ASSISTANCE OVER THE PHONE, ONLINE, AND IN PERSON. CERTIFIED CREDIT COUNSELOR'S DISCUSS VARIOUS OPTIONS WITH CLIENTS REGARDING FINANCIAL DECISIONS. THEY ASSESS INDIVIDUALS' PERSONAL FINANCIAL SITUATIONS AND ASSIST THEM IN DEVELOPING A BUDGET IN ORDER TO IMPROVE THEIR OVERALL CREDIT.
    Expenses $2,650,000 · grants $2,650,000
  • THE HUD HOUSING PROGRAM OFFERS A WIDE VARIETY OF HOUSING COUNSELING SERVICES TO POTENTIAL HOMEBUYERS, RENTERS AND CURRENT HOMEOWNERS. THESE SERVICES INCLUDE EDUCATION THROUGH GROUP SESSIONS AND ONE-ON-ONE COUNSELING. THE AREAS OF FOCUS ARE PRE-PURCHASE EDUCATION AND COUNSELING, RENTAL COUNSELING, FORECLOSURE PREVENTION COUNSELING, AND REVERSE MORTGAGE COUNSELING.CESI PROVIDED HOUSING STABILITY COUNSELING PROGRAM WITH ASSISTANCE TO HOMEOWNERS AND RENTERS BY REACHING OUT TO LOAN SERVICERS, LANDLORDS, EMERGENCY RENTAL ASSISTANCE FUNDERS, AND LOCAL/STATE HOUSING ASSISTANCE FUNDING PROGRAMS. CLIENTS WERE ALSO ASSISTED WITH BUDGETING NEEDS AND CREDIT REVIEW AND RECOMMENDATIONS AS WARRANTED.
    Expenses $509,417 · revenue $558,925
  • COMMUNITY EDUCATION OUTREACH- CESI SUPPORTS THE ADVANCEMENT OF REVERSE MORTGAGE COUNSELING. FINANCIAL LITERACY EDUCATION WITHIN LOCAL AND STATE COMMUNITIES THROUGH A STRONG COMMUNITY OUTREACH PROGRAM. OUTREACH EFFORTS INCLUDE GROUP EDUCATION PROGRAMS, USUALLY IN PARTNERSHIP WITH LOCAL COMMUNITY AGENCIES OR EDUCATIONAL INSTITUTIONS. THE SECOND PART OF THE CESI OUTREACH EFFORT IS IN THE FORM OF FREE INDIVIDUAL FINANCIAL COUNSELING AT THE CESI CENTER WITH AN ACCREDITED CESI COUNSELOR. CESI OFFERS NUMEROUS FINANCIAL EDUCATIONAL RESOURCES, WHICH ARE EASILY ACCESSED BY ALL CONSUMERS AND NOT JUST CESI CUSTOMERS. THESE RESOURCES ARE DESIGNED TO HELP CONSUMERS BETTER MANAGE THEIR FINANCES AND TO ACHIEVE THE GOAL OF BECOMING DEBT FREE.
    Expenses $31,294

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2106758
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
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P51)
Assets (IRS master file)
$23,278,173
Income (IRS master file)
$1,266,266

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,266,266$3,728,088$23,278,173IRS
990June 2024$2,760,767$2,939,903$25,151,407IRS
990June 2023$5,387,500$5,974,438$23,042,605XML
990June 2022$7,529,671$5,423,064$23,360,630IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-2106758).

Questions about CONSUMER EDUCATION SERVICES INC

What is the EIN of CONSUMER EDUCATION SERVICES INC?
The employer identification number (EIN) of CONSUMER EDUCATION SERVICES INC is 56-2106758.
Is CONSUMER EDUCATION SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to CONSUMER EDUCATION SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONSUMER EDUCATION SERVICES INC 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 CONSUMER EDUCATION SERVICES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CONSUMER EDUCATION SERVICES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CONSUMER EDUCATION SERVICES INC?
The 990 for the year ended June 30, 2025 names DAYANG DIANE CHEN.
Who are the officers and directors of CONSUMER EDUCATION SERVICES INC?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $106,234 (DAYANG DIANE CHEN, CHAIRMAN/ SE).
How much revenue does CONSUMER EDUCATION SERVICES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,266,266, expenses of $3,728,088 and total assets of $23,278,173 at year end.

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