Nonprofit · EIN 93-3506020
CREDIT ABUSE RESISTANCE EDUCATION - LOS ANGELES
Tax-exempt · LOS ANGELES, CA 90064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $131,488 | $58,882 | $72,606 | $141,309 | – | $141,309 |
| December 31, 2024 | 990-EZ | $68,837 | $134 | $68,703 | $68,703 | – | $68,703 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Pomerantz | Chairman | 5 | $0 |
| Sharon Kopman | Vice Chair | 5 | $0 |
| Elissa Miller | Vice Chairperso | 5 | $0 |
| Victor Owens | Treasurer | 5 | $0 |
| Jeffrey Dulberg | Secretary | 5 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Pomerantz | Chairman | 5 | $0 |
| Sharon Kopman | Vice Chair | 5 | $0 |
| Elissa Miller | Vice Chairperso | 5 | $0 |
| Victor Owens | Treasurer | 5 | $0 |
| Jeffrey Dulberg | Secretary | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Pomerantz | Chairman | 5 | $0 |
| Sharon Kopman | Vice Chair | 5 | $0 |
| Elissa Miller | Vice Chair | 5 | $0 |
| Victor Owens | Treasurer | 5 | $0 |
| Jeffrey Dulberg | Secretary | 5 | $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
- Website
- carelosangeles.org
- 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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
- Category (NTEE)
- Youth development (O99)
- Assets (IRS master file)
- $141,309
- Income (IRS master file)
- $131,488
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $131,488 | $58,882 | $141,309 | XML |
| 990-EZ | December 2024 | $68,837 | $134 | $68,703 | IRS |
| 990-EZ | December 2023 | $0 | – | $0 | 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 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.
Other nonprofits in LOS ANGELES
- COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT EIN 20-2445113 · last filed 990 for 2024
- HOMEBOY INDUSTRIES EIN 95-4800735 · last filed 990 for 2024
- BOY SCOUTS OF AMERICA EIN 95-1643982 · last filed 990 for 2024
- BOYS & GIRLS CLUBS OF METRO LOS ANGELES EIN 81-0851473 · last filed 990 for 2025
- GIRLS CLUB OF LOS ANGELES EIN 23-7203822 · last filed 990 for 2025
- HEART OF LOS ANGELES YOUTH INC EIN 95-4397418 · last filed 990 for 2025
- TEAM PRIME TIME INC EIN 95-4846644 · last filed 990 for 2025
- JEWISH BIG BROTHERS BIG SISTERS ASSOCIATION OF LOS ANGELES EIN 95-1691009 · last filed 990 for 2024
All nonprofits in LOS ANGELES · California · Youth development