CONSUMER EDUCATION SERVICES INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: CONSUMER EDUCATION SERVICES INC (EIN 56-2106758)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2016-11-01
IRS object ID: 201643069349301094
Schema version: 2015v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-01T13:22:41-05:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	200427530	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RIVES & ASSOCIATES LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4515 FALLS OF NEUSE ROAD SUITE 450	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	562106758	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CONSUMER EDUCATION SERVICES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CONS	BusinessNameControlTxt
Phone	9198615340	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3700 BARRETT DR	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DR DIANE CHEN	PersonNm
Person Title	CEO/SECRETARY OF BOA	PersonTitleTxt
Phone	9198615340	PhoneNum
Signature	2016-09-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	THOMAS B CORNWELL CPA	PreparerPersonNm
PTIN	P00901347	PTIN
Phone	9198326848	PhoneNum
Preparation	2016-11-01	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR DIANE CHEN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3700 BARRETT DRIVE	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$43,233,322	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.CESISOLUTIONS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	CONSUMER EDUCATION SERVICES, INC ("CESI") IS A NON-PROFIT SERVICE PROVIDER OF COMPREHENSIVE PERSONAL FINANCIAL EDUCATION AND SOLUTIONS FOR ALL LIFE STAGES AND FOR ALL LIFE'S MILESTONES OUR GOAL IS ENHANCED ECONOMIC SECURITY FOR EVERYONE WE SERVE.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	109	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$33,630	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$7,619	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,724,938	PYContributionsGrantsAmt
CY Contributions Grants	$1,683,888	CYContributionsGrantsAmt
PY Program Service Revenue	$5,998,796	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,125,259	CYProgramServiceRevenueAmt
PY Investment Income	$1,799,204	PYInvestmentIncomeAmt
CY Investment Income	-$299,494	CYInvestmentIncomeAmt
PY Other Revenue	$23,697	PYOtherRevenueAmt
CY Other Revenue	$70,851	CYOtherRevenueAmt
PY Total Revenue	$10,546,635	PYTotalRevenueAmt
CY Total Revenue	$6,580,504	CYTotalRevenueAmt
CY Grants And Similar Paid	$7,415,379	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$4,264,442	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,970,477	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,493,861	PYOtherExpensesAmt
CY Other Expenses	$6,085,685	CYOtherExpensesAmt
PY Total Expenses	$10,758,303	PYTotalExpensesAmt
CY Total Expenses	$18,471,541	CYTotalExpensesAmt
PY Revenues Less Expenses	-$211,668	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$11,891,037	CYRevenuesLessExpensesAmt
Total Assets BOY	$36,723,307	TotalAssetsBOYAmt
Total Assets EOY	$23,753,463	TotalAssetsEOYAmt
Total Liabilities BOY	$3,755,448	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,238,338	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$32,967,859	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$20,515,125	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	CONSUMER EDUCATION SERVICES, INC ("CESI") IS A NON-PROFIT SERVICE PROVIDER OF COMPREHENSIVE PERSONAL FINANCIAL EDUCATION AND SOLUTIONS FOR ALL LIFE STAGES AND FOR ALL LIFE'S MILESTONES OUR GOAL IS ENHANCED ECONOMIC SECURITY FOR EVERYONE WE SERVE.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$7,049,013	ExpenseAmt
Revenue	$6,476,583	RevenueAmt
Desc	THIS PROGRAM ASSIST CLIENTS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF DEBT MANAGEMNT SERVICES, CREDIT COUNSELING, EDUCATION AND TRAINING, AND BUDGET PLANNING. CESI OFFERS ASSISTANCE OVER THE PHONE, ONLINE, AND IN PERSON. CERTIFIED CREDIT COUNSELORS 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. DURING THE FISCAL YEAR ENDING JUNE 30, 2016 APPROXIMATELY 19,700 FINANCIALLY DISTRESSED INDIVIDUALS RECEIVED CREDIT COUNSELING AND FREE EDUCATIONAL RESOURCE MATERIALS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$843,053	ExpenseAmt
Desc	COMMUNITY EDUCATION OUTREACH: CESI SUPPORTS THE ADVANCEMENT OF FINANCIAL LITERACY EDUCATION WITHIN LOCAL AND STATE COMMUNITITES THROUGH A STRONG COMMUNITY OUTREACH PROGRAM. CESI'S OUTREACH EFFORTS INCLUDED GROUP EDUCATION PROGRAMS IN A CLASSROOM SETTING, TYPICALLY IN PARTNERSHIP WITH LOCAL COMMUNITY AGENCIES OR EDUCATIONAL INSTITUTIONS. DURING THE FISCAL YEAR ENDING JUNE 30, 2016 CESI CONDUCTED 380 CLASSES ASSISTING APPROXIMATELY 8,607 INDIVIDUAL OR FAMILIES AT IN-PERSON CLASSROOM SESSIONS COVERING TOPICS SUCH AS: BUDGETING AND SAVING, BANKING, IDENTITY THEFT PROTECTION, UNDERSTANDING YOUR CREDIT REPORT, FINANCES AFTER JOB LOSS, GOAL SETTING, RETIREMENT SAVINGS, CREDIT AND DEBT. THE SECOND PART OF THE CESI OUTREACH PROGRAM EFFORT IS IN THE FORM OF FREE INDIVIDUAL FINANCIAL COUNSELING AT THE CESI CENTER WITH AN ACCREDITED CESI COUNSELOR. IN THE PAST YEARS, CESI HAS TRACKED THE OUTREACH CLASS INFORMTAION IN A SPREADSHEET, COLLECTING THE DATE, LENGTH, INSTRUCTOR, TOPIC AND LOCATION OF EACH CLASS AS WELL AS A NUMBER OF PERSONS ATTENDING. WE HAVE ALSO COLLECTED PAPER EVALUATIONS FROM OUR STUDENTS TO ALLOW OUR EDUCATORS THE FEEDBACK ON HOW WE CAN IMPROVE OUR EDUCATION. THESE EVALUATIONS HAVE BEEN REVIEWED BUT NOT RECORDED IN A DATABASE. OUR EFFORT TO MONITOR OUR EFFEFTIVENESS IN REACHING THE NEEDS OF CONSUMERS WITH FINANCIAL EDUCATION, WE REDESIGNED OUR TRACKING PROCESS FOR 2014. WE CREATED A DATABASE WHERE EACH CLASS IS ENTERED WITH THE ABILITY TO ADD THE INDIVIDUAL STUDENT INFORMATION FOR EACH CLASS. WE ALSO BEGIN COLLECTING DEMOGRAPHIC AND CONTACT INFORMATION FOR OUR STUDENTS AS WELL AS A PRE AND POST ASSESSMENT AND A COURSE EVALUATION THAT WILL ALLOW US TO REPORT ON THE OUTCOMES OF OUT CLASSES AND EFFECTIVENESS OF OUR COURSES AND INSTRUCTORS. THIS WILL ALLOW US TO DO TARGETED FOLLOW-UP WITH STUDENTS WHO ELECT TO PROVIDE US WITH THEIR EMAIL CONTACT INFORMATION. WE WILL PROVIDE ONGOING EDUCATIONAL RESOURCES THAT MEET THEIR SPECIFIC NEEDS OR ARE TARGETED TO THEIR DEMOGRAPHIC. CESI OFFERS MORE THAT 35 DIFFERENT TOPICS GEARED TOWARD AN ADULT OR A YOUTH AUDIENCE. WE UTILIZE 5 COMMUNITY EDUCATORS TO CONDUCT CLASSES AND ASSIST THE COMMUNITY PARTNERS. CESI CURRENTLY HAS 29 COMMUNITY PARTNERS THAT HAVE RECEIVED EDUCATION SUPPORT IN 2014.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Revenue	$298,934	RevenueAmt
Desc	HOUSING: CESI HOMEOWNERSHIP CENTER HAD A PRODUCTIVE YEAR AND EXPERIENCED A 15% INCREASE IN CLIENTS SERVED OVER LAST YEAR. WE PROVIDED A VARIETY OF COUNSELING SERVICES, RANGING FROM FORECLOSURE PREVENTION TO PRE PURCHASE, TO 775 INDIVIDUALS AND FAMILIES. APPROXIMATELY 52% OF CLIENTS RECEIVED FORECLOSURE PREVENTION COUNSELING, 33% RECEIVED REVERSE MORTGAGE COUNSELING AND THE REMAINING 15%, PRE PURCHASE COUNSELING, GROUP EDUCATION WORKSHOPS OR OTHER SERVICES. WE WORKED WITH COMMUNITY PARTNERS, FACILLITATING HOME BUYER GROUP EDUCATION WORKSHOPS FOR COMMUNITY LAND TRUSTEES AND HABITAT FOR HUMANITY OF WAKE COUNTY. CESI STAFF ALSO PARTICIPATED IN OVER A DOZEN COMMUNITY OUTREACH EVENTS, INCLUDING OUR SIGNATURE NATIONAL HOMEOWNERSHIP MONTH COMMUNITY DAY CELEBRATION AND LA FIESTA DE PUEBLO 2014, AN ANNUAL FESTIVAL CELEBRATING LATINO CULTURE. CESI ALSO ASSIST CONSUMERS THROUGH THE NORTH CAROLINA HOUSING FINANCE AGENCY (NCHFA). THE FIRST PROJECT IS STATE HOME FORECLOSURE PREVENTION PROJECT(SHFPP) WHICH HELPS NORTH CAROLINA HOMEOWNERS WHO HAVE RECEIVED A 45 DAY LETTER FROM THEIR SERVICER TO AVOID FORCLOSURE BY PUTTING THEM IN CONTACT WITH A HUD HOUSING COUNSELING AGENCIES WHO CAN ASSIST THEM WITH LOSS MITIGATION OPTIONS. OTHER PROJECTS ARE HARDEST HIT FUND (HHF), NORTH CAROLINA FORECLOSURE PREVENTION FUND (FPF), OR MORTGAGE PAYMENT PROGRAM (MPP). THESE PROJECTS HELP NORTH CAROLINA HOMEOWNERS WHO HAVE LOST THEIR JOBS OR HAVE EXPERIENCED SOME OTHER TYPE OF EMPLOYMENT RELATED FINANCIAL HARDSHIP TO MAKE THEIR MORTGAGE PAYMENTS WHILE THEY LOOK FOR JOB OR RETRAIN FOR A NEW JOB. BETWEEN JULY 1, 2013 AND JUNE 30, 2014 CESI HANDLED 104,658 PHONE CALLS WITH CONSUMERS THAT EITHER RECEIVED LETTERS FROM NCHFA OR WHO HAVE LEARNED ABOUT THE FPF PROGRAM VIA THE WEBSITE NCFORECLOSUREPREVENTION.GOV OR OTHER TYPES OF MARKETING THAT HAS BEEN DONE FOR THE PROGRAM.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$8,748,644	ExpenseAmt
Grant	$7,415,379	GrantAmt
Desc	CLIENT PAYMENT PROCESSING- THIS PROGRAM PROVIDES SERVICES TO ITS DEBT MANAGEMNT PARTICIPANTS WITH RESPEST TO PROCESSING PAYMENTS, WORKING WITH CREDITORS TO SECURE A REDUCTION IN INTEREST RATES, AND EDUCATION AND TRAINING CLIENTS TO BETTER MANAGE THEIR FINANCES. FOR THE LEGACY PORTOFOLIO, CLIENT PAYMENT PROCESSING IS OUTSOURCED TO A THIRD PARTY SERVICE WITH CESI'S FINAL APPROVAL.CESI DISCONTINUED THE THIRD PARTY PROCESSING SERVICES ON JUNE 24, 2016. ENDOWMENT TO INSTITUTE OF CONSUMER MONEY MANAGEMENT MARCH 11, 2016 CESI'S BOARD APPROVED AND SIGNED GRANT AGREEMENT FOR TRANSFER OF GRANT IN THE AMOUNT OF 7,415,379 TO THE INSTITUTE OF CONSUMER MONEY MANAGEMENT, A NONPROFIT TAX EXEMPT 501C3 AGENCY. AGREEMENT CONTAINS TERMS AND CONDITIONS, INCLUDING WHAT THE FUNDS COULD BE USED FOR, THE REQUIREMENT OF ANNUAL REPORT ON THE INSTITUTE'S ACTIVITIES AND SPENDING, UPDATE ON THE INSTITUTE'S INVESTMENT PORTFOLIO, AND THEIR RIGHT TO COMMISSION A QUALIFIED THIRD PARTY TO AUDIT THE INSTITUTE'S BOOKS IF THEY HAVE CONCERNS ON HOW FUNDS ARE BEING USED AND/OR MANAGED. THE INSTITUTE OF CONSUMER MONEY MANAGEMENT'S BOARD APPROVED AND SIGNED THE GRANT AGREEMENT. BOTH CESI AND INSTITUTE OF CONSUMER MONEY MANAGEMENT HAVE ITS SEPARATE AND INDEPENDENT BOARDS OF DIRECTORS.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$8,748,644	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$7,415,379	TotalOtherProgSrvcGrantAmt
Total Program Service Expenses	$16,640,710	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	19	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	109	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	DIANE CHEN	PersonNm
Phone	9198615340	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3700 BARRETT DRIVE	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DR DIANE CHEN
CEO/SECRETAR	40.00	Yes (X)	Yes (X)	$170,282	$0	$19,219
AMY BLACKWELL
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
ROBERT J FITZGERALD
CHAIRMAN	10.00	Yes (X)	Yes (X)	$0	$0	$0
DR FRED MANGUM
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
WAYNE STALLINGS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ALEXIS NELSON
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
NAVEED IFTIKAR
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
STEVE COLE
TREASURER	40.00		Yes (X)	$84,020	$0	$12,548

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$254,302	TotalReportableCompFromOrgAmt
Total Other Compensation	$31,767	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
NATIONAL DEBT RELIEF
11 BROADWAY 16TH FLOOR	NEW YORK	NY	10004	MARKETING	$1,132,650
GOOGLE
PO BOX 39000	SAN FRANCISCO	CA	94139	MARKETING	$726,950
AMERIX CORPORATION
9755 PATUXENT WOODS DRIVE	COLUMBIA	MD	21046	PROCESSOR	$452,345
3CI
9755 PATUXENT WOODS DRIVE	COLUMBIA	MD	21046	MARKETING	$313,420
CAROLINA IT
1600 HILLSBOROUGH STREET	RALEIGH	NC	27605	INFORMATION TEC	$310,939

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,683,888	AllOtherContributionsAmt
Total Contributions	$1,683,888	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	BusinessBusinessCd	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
DEBT MANAGEMENT PROGRAM	$3,838,709	$3,838,709
COUNSELING PROGRAMS	$953,986	$953,986
HOUSING SERVICES	$298,934	$298,934
MEMBER BENEFIT SERVICES	$33,630		900099	$33,630

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,125,259	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$959,195	TotalRevenueColumnAmt
Exclusion	$959,195	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$35,182,835	SecuritiesAmt
Other	$211,294	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$36,429,376	SecuritiesAmt
Other	$223,442	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$1,246,541	SecuritiesAmt
Other	-$12,148	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,258,689	TotalRevenueColumnAmt
Exclusion	-$1,258,689	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Total Revenue Column	$70,851	TotalRevenueColumnAmt
Related Or Exempt Func Income	$70,851	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$70,851	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,580,504	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,162,480	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$33,630	UnrelatedBusinessRevenueAmt
Exclusion	-$299,494	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$7,415,379	TotalAmt
Program Services	$7,415,379	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,059,519	TotalAmt
Program Services	$3,450,591	ProgramServicesAmt
Management And General	$608,928	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$553,820	TotalAmt
Program Services	$470,747	ProgramServicesAmt
Management And General	$83,073	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$357,138	TotalAmt
Program Services	$303,567	ProgramServicesAmt
Management And General	$53,571	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$206,281	TotalAmt
Program Services	$175,339	ProgramServicesAmt
Management And General	$30,942	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$24,814	TotalAmt
Management And General	$24,814	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$223,581	TotalAmt
Management And General	$223,581	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,556,029	TotalAmt
Program Services	$2,556,029	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$484,139	TotalAmt
Program Services	$429,680	ProgramServicesAmt
Management And General	$54,459	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$528,121	TotalAmt
Program Services	$448,903	ProgramServicesAmt
Management And General	$79,218	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$51,069	TotalAmt
Program Services	$45,962	ProgramServicesAmt
Management And General	$5,107	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$13,836	TotalAmt
Program Services	$11,761	ProgramServicesAmt
Management And General	$2,075	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$44,304	TotalAmt
Management And General	$44,304	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$97,122	TotalAmt
Program Services	$82,554	ProgramServicesAmt
Management And General	$14,568	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$55,061	TotalAmt
Program Services	$46,802	ProgramServicesAmt
Management And General	$8,259	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
BAD DEBT	$514,731	$3,333	$511,398
PROCESSING FEES	$427,334	$427,334
BANKRUPTCY	$355,748	$302,386	$53,362
BANK FEES	$158,626	$114,662	$43,964

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$344,889	TotalAmt
Program Services	$355,681	ProgramServicesAmt
Management And General	-$10,792	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,471,541	TotalAmt
Program Services	$16,640,710	ProgramServicesAmt
Management And General	$1,830,831	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,636,525	BOYAmt
EOY	$3,621,624	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,086,648	BOYAmt
EOY	$1,086,254	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$74,128	BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,090,000	BOYAmt
EOY	$952,852	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$82,872	BOYAmt
EOY	$70,440	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,638,699	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,482,869	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,476,395	BOYAmt
EOY	$1,155,830	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$27,229,882	BOYAmt
EOY	$14,378,487	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,046,857	BOYAmt
EOY	$2,487,976	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$36,723,307	BOYAmt
EOY	$23,753,463	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$499,482	BOYAmt
EOY	$488,259	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$877,885	BOYAmt
EOY	$806,693	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$2,096,672	BOYAmt
EOY	$1,679,723	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$281,409	BOYAmt
EOY	$263,663	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,755,448	BOYAmt
EOY	$3,238,338	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$32,967,859	BOYAmt
EOY	$20,515,125	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$32,967,859	BOYAmt
EOY	$20,515,125	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$36,723,307	BOYAmt
EOY	$23,753,463	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$11,891,037	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$561,697	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,106,233	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,000,680	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,927,709	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,724,938	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,683,888	CurrentTaxYearAmt
Total	$19,443,448	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,106,233	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,000,680	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,927,709	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,724,938	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,683,888	CurrentTaxYearAmt
Total	$19,443,448	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$5,181,352	SubstantialContributorsTotAmt
Public Support Total170	$14,262,096	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$100,434	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,717,659	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,631,220	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$890,075	CurrentTaxYearMinus1YearAmt
Current Tax Year	$959,195	CurrentTaxYearAmt
Total	$5,298,583	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$132,282	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$215,706	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,619	CurrentTaxYearAmt
Total	$355,607	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$25,097,638	TotalSupportAmt
Gross Receipts Rltd Activities	$125,788,731	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.56830	PublicSupportCY170Pct
Public Support PY170	0.61100	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$156,896	InvestmentCostOrOtherBasisAmt
Book Value	$156,896	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$1,127,650	InvestmentCostOrOtherBasisAmt
Depreciation	$193,138	DepreciationAmt
Book Value	$934,512	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$1,271,439	InvestmentCostOrOtherBasisAmt
Depreciation	$1,232,946	DepreciationAmt
Book Value	$38,493	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$82,714	InvestmentCostOrOtherBasisAmt
Depreciation	$56,785	DepreciationAmt
Book Value	$25,929	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,155,830	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt
INTANGIBLE PROPERTY	$2,200,000
NONQUALIFIED RETIREMENT PLAN ASSETS	$263,663
SECURITY DEPOSITS	$24,313
ESCROW BONDS
NOTE RECEIVABLE
CASH SURRENDER VALUE OF LIFE INS POL

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$2,487,976	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	NONQUALIFIED RETIREMENT PLAN LIABILI	Desc
Amt	$263,663	Amt

Field	Value	IRS element (for citing)
Total Liability	$263,663	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$6,018,807	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$561,697	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$561,697	RevenueNotReportedAmt
Revenue Subtotal	$6,580,504	RevenueSubtotalAmt
Total Revenue Per Form990	$6,580,504	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$18,471,541	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$18,471,541	ExpensesSubtotalAmt
Total Expenses Per Form990	$18,471,541	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE D, PAGE 2, PART IV, LINE 2B

CESI OFFERS DEBT MANAGEMENT PROGRAMS TO ASSIST CLIENTS IN PAYING THEIR UNSECURED DEBTS FUNDS RECIEVED FROM CLIENTS PARTICIPATING IN THE DEBT MANAGEMENT PROGRAM ARE DEPOSITED INTO VARIOUS DEPOSITORY ACCOUNTS AND IN TO A SEPARATE FOR THE BENEFIT OF OTHER ACCOUNT (THE "FBO ACCOUNT") ON A DAILY BASIS. FUNDS RESIDING IN THE FBO ACCOUNTS ARE DISBURSED TO CESI'S OPERATING ACCOUNT AS CONTRIBUTIONS MADE TO CESI BY CREDITORS AND/OR CLIENTS. CERTAIN STATES REQUIRE THAT CLIENTS FUNDS BE HELD IN A DEPOSITORY ACCOUNT WITHIN THAT STATE UNTIL THE RESPECTICVE CREDITORS ARE PAID. IN THIS SITUATION CREDITORS ARE PAID FROM MONIES FROM THIS STATE'S DEPOSITORY ACCOUNT. INTEREST INCOME EARNED ON FUNDS HELD IN THE VARIOUS RESTRICTED ACCOUNTS IS USED TO PAY FOR BANK FEES AND OTHER EXPENSES. CESI IS RESPONSIBLE FOR ANY EXCESS EXPENSE ARISING FROM THE ACTIVITIES OF THESE ACCOUNTS.

SCHEDULE D, PAGE 3, PART X

CESI HAS ADOPTED THE PROVISIONS OF FASB ASX 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS PROVISION, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX PROVISIONS FOR THE TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAS HAD NO IMPACT ON CESI'S FINANCIAL STATEMENT. CURRENTLY, THE 2013, 2014, AND 2015 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. CESI DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITIES FOR THE UNRECOGNIZED TAX BENEFIT.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INSTITUTE OF CONSUMER MONEY MANAGEM	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3700 BARRETT DRIVE	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	471524248	RecipientEIN
IRC Section	3	IRCSectionDesc
Cash Grant	$7,415,379	CashGrantAmt
Purpose Of Grant	LAUNCH ORGANIZATION	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE I, PAGE 1, PART I, LINE 2

CESI'S BOARD OF DIRECTORS APPROVES THE USE OF FUNDS, THEN THE ORGANIZATION MONITORS THE GRANTEES USE OF FUNDS.

SCHEDULE I, PAGE 4, PART IV

MARCH 11, 2016 CESI'S BOARD APPROVED AND SIGNED GRANT AGREEMENT FOR TRANSFER OF GRANT IN THE AMOUNT OF 7,415,379 TO THE INSTITUTE OF CONSUMER MONEY MANAGEMENT, A NONPROFIT TAX EXEMPT 501C3 AGENCY. AGREEMENT CONTAINS TERMS AND CONDITIONS, INCLUDING WHAT THE FUNDS COULD BE USED FOR, THE REQUIREMENT OF ANNUAL REPORT ON THE INSTITUTE'S ACTIVITIES AND SPENDING, UPDATE ON THE INSTITUTE'S INVESTMENT PORTFOLIO, AND THEIR RIGHT TO COMMISSION A QUALIFIED THIRD PARTY TO AUDIT THE INSTITUTE'S BOOKS IF THEY HAVE CONCERNS ON HOW FUNDS ARE BEING USED AND/OR MANAGED. THE INSTITUTE OF CONSUMER MONEY MANAGEMENT'S BOARD APPROVED AND SIGNED THE GRANT AGREEMENT. BOTH CESI AND INSTITUTE OF CONSUMER MONEY MANAGEMENT HAVE ITS SEPARATE AND INDEPENDENT BOARDS OF DIRECTORS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	DR DIANE CHEN	PersonNm
Title	CEO/SECRETARY OF BOA	TitleTxt
Base Compensation Filing Org	$170,282	BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org	$13,846	DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org	$5,373	NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org	$189,501	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSION	CONSUMER EDUCATION SERVICES, INC ("CESI") IS A NON-PROFIT SERVICE PROVIDER OF COMPREHENSIVE PERSONAL FINANCIAL EDUCATION AND SOLUTIONS FOR ALL LIFE STAGES AND FOR ALL LIFE'S MILESTONES OUR GOAL IS ENHANCED ECONOMIC SECURITY FOR EVERYONE WE SERVE.
FORM 990, PAGE 2, PART III, LINE 4B	INDIVIDUAL FINANCIAL COUNSELING AT THE CESI CENTER WITH AN ACCREDITED CESI COUNSELOR. IN THE PAST YEARS, CESI HAS TRACKED THE OUTREACH CLASS INFORMTAION IN A SPREADSHEET, COLLECTING THE DATE, LENGTH, INSTRUCTOR, TOPIC AND LOCATION OF EACH CLASS AS WELL AS A NUMBER OF PERSONS ATTENDING. WE HAVE ALSO COLLECTED PAPER EVALUATIONS FROM OUR STUDENTS TO ALLOW OUR EDUCATORS THE FEEDBACK ON HOW WE CAN IMPROVE OUR EDUCATION. THESE EVALUATIONS HAVE BEEN REVIEWED BUT NOT RECORDED IN A DATABASE. OUR EFFORT TO MONITOR OUR EFFEFTIVENESS IN REACHING THE NEEDS OF CONSUMERS WITH FINANCIAL EDUCATION, WE REDESIGNED OUR TRACKING PROCESS FOR 2014. WE CREATED A DATABASE WHERE EACH CLASS IS ENTERED WITH THE ABILITY TO ADD THE INDIVIDUAL STUDENT INFORMATION FOR EACH CLASS. WE ALSO BEGIN COLLECTING DEMOGRAPHIC AND CONTACT INFORMATION FOR OUR STUDENTS AS WELL AS A PRE AND POST ASSESSMENT AND A COURSE EVALUATION THAT WILL ALLOW US TO REPORT ON THE OUTCOMES OF OUT CLASSES AND EFFECTIVENESS OF OUR COURSES AND INSTRUCTORS. THIS WILL ALLOW US TO DO TARGETED FOLLOW-UP WITH STUDENTS WHO ELECT TO PROVIDE US WITH THEIR EMAIL CONTACT INFORMATION. WE WILL PROVIDE ONGOING EDUCATIONAL RESOURCES THAT MEET THEIR SPECIFIC NEEDS OR ARE TARGETED TO THEIR DEMOGRAPHIC. CESI OFFERS MORE THAT 35 DIFFERENT TOPICS GEARED TOWARD AN ADULT OR A YOUTH AUDIENCE. WE UTILIZE 5 COMMUNITY EDUCATORS TO CONDUCT CLASSES AND ASSIST THE COMMUNITY PARTNERS. CESI CURRENTLY HAS 29 COMMUNITY PARTNERS THAT HAVE RECEIVED EDUCATION SUPPORT IN 2014.
FORM 990, PAGE 2, PART III, LINE 4C	FESTIVAL CELEBRATING LATINO CULTURE. CESI ALSO ASSIST CONSUMERS THROUGH THE NORTH CAROLINA HOUSING FINANCE AGENCY (NCHFA). THE FIRST PROJECT IS STATE HOME FORECLOSURE PREVENTION PROJECT(SHFPP) WHICH HELPS NORTH CAROLINA HOMEOWNERS WHO HAVE RECEIVED A 45 DAY LETTER FROM THEIR SERVICER TO AVOID FORCLOSURE BY PUTTING THEM IN CONTACT WITH A HUD HOUSING COUNSELING AGENCIES WHO CAN ASSIST THEM WITH LOSS MITIGATION OPTIONS. OTHER PROJECTS ARE HARDEST HIT FUND (HHF), NORTH CAROLINA FORECLOSURE PREVENTION FUND (FPF), OR MORTGAGE PAYMENT PROGRAM (MPP). THESE PROJECTS HELP NORTH CAROLINA HOMEOWNERS WHO HAVE LOST THEIR JOBS OR HAVE EXPERIENCED SOME OTHER TYPE OF EMPLOYMENT RELATED FINANCIAL HARDSHIP TO MAKE THEIR MORTGAGE PAYMENTS WHILE THEY LOOK FOR JOB OR RETRAIN FOR A NEW JOB. BETWEEN JULY 1, 2013 AND JUNE 30, 2014 CESI HANDLED 104,658 PHONE CALLS WITH CONSUMERS THAT EITHER RECEIVED LETTERS FROM NCHFA OR WHO HAVE LEARNED ABOUT THE FPF PROGRAM VIA THE WEBSITE NCFORECLOSUREPREVENTION.GOV OR OTHER TYPES OF MARKETING THAT HAS BEEN DONE FOR THE PROGRAM.
FORM 990, PAGE 2, PART III, LINE 4D	CLIENT PAYMENT PROCESSING- THIS PROGRAM PROVIDES SERVICES TO ITS DEBT MANAGEMNT PARTICIPANTS WITH RESPEST TO PROCESSING PAYMENTS, WORKING WITH CREDITORS TO SECURE A REDUCTION IN INTEREST RATES, AND EDUCATION AND TRAINING CLIENTS TO BETTER MANAGE THEIR FINANCES. FOR THE LEGACY PORTOFOLIO, CLIENT PAYMENT PROCESSING IS OUTSOURCED TO A THIRD PARTY SERVICE WITH CESI'S FINAL APPROVAL.CESI DISCONTINUED THE THIRD PARTY PROCESSING SERVICES ON JUNE 24, 2016. ENDOWMENT TO INSTITUTE OF CONSUMER MONEY MANAGEMENT MARCH 11, 2016 CESI'S BOARD APPROVED AND SIGNED GRANT AGREEMENT FOR TRANSFER OF GRANT IN THE AMOUNT OF 7,415,379 TO THE INSTITUTE OF CONSUMER MONEY MANAGEMENT, A NONPROFIT TAX EXEMPT 501C3 AGENCY. AGREEMENT CONTAINS TERMS AND CONDITIONS, INCLUDING WHAT THE FUNDS COULD BE USED FOR, THE REQUIREMENT OF ANNUAL REPORT ON THE INSTITUTE'S ACTIVITIES AND SPENDING, UPDATE ON THE INSTITUTE'S INVESTMENT PORTFOLIO, AND THEIR RIGHT TO COMMISSION A QUALIFIED THIRD PARTY TO AUDIT THE INSTITUTE'S BOOKS IF THEY HAVE CONCERNS ON HOW FUNDS ARE BEING USED AND/OR MANAGED. THE INSTITUTE OF CONSUMER MONEY MANAGEMENT'S BOARD APPROVED AND SIGNED THE GRANT AGREEMENT. BOTH CESI AND INSTITUTE OF CONSUMER MONEY MANAGEMENT HAVE ITS SEPARATE AND INDEPENDENT BOARDS OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE PRESIDENT & CEO AND THE DIRECTOR OF FINANCE ARE RESPONSIBLE FOR REVIEWING AND APPROVING THE FORM 990 AND THE FORM 990-T BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12C	OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ANNUALLY ON A CONFLICT OF INTEREST FORM. ANY KNOWN CONFLICTS OF INTREST REQUIRE IMMEDIATE DISCLOSURE.
FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF DIRECTORS GENERALLY DETERMINES AND REVIEWS THE SALARY OF THE PRESIDENT AND CEO.
FORM 990, PAGE 6, PART VI, LINE 15B	THE BOARD OF DIRECTORS GENERALLY DETERMINES AND REVIEWS THE SALARY OF KEY EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 19	CESI MAKES IT GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.