Credit Builders Alliance Inc
Credit Builders Alliance Inc is a Washington, DC-based public charity that builds nonprofit and municipal organizations’ capacity to help people build credit and participate in the financial mainstream. Its work includes connecting organizations with credit bureaus, training and technical assistance, and support for nonprofit lenders offering small-dollar consumer loans.
Credit Builders Alliance Inc at a glance
In short: Credit Builders Alliance Inc gave $385K across 21 grants in 2024 (avg $18K), top state District of Columbia. 100% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $385,000
- -47.4% vs 2023
- Grants made (2024)
- 21
- +90.9% vs 2023
- Average grant
- $18,333
- -72.4% vs 2023
- Median grant
- $10,000
- Total assets
- $8,552,319
- +0.2% vs 2023
- New grantees (estimate)
- 100% first-time grantees (21 of 21, 2024; small sample)
- Primary geography
- District of Columbia (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Credit Builders Alliance Inc
- How to Apply
-
CBA says funding opportunities are announced periodically and directs interested organizations to follow its announcements. Its eligibility requirements are described above.
- Contact
Mailing address: 1701 K Street Nw Ste 1000, Washington, DC 20006
Phone: (202) 730-9390
Website: https://creditbuildersalliance.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Credit Builders Alliance Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Urban Institute ($150K). Together the top 10 received $290K.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was under $50K: 64 grants of 68 (94%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went to recipients in multiple states. The largest shares were reported for DC (44%), NY (21%), CA (9%), PA (8%), and MN (5%). These grant distributions show where CBA made awards in 2024; the sources do not state a geographic restriction for applicants.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
States
Cities
Is Credit Builders Alliance Inc open to new grantees?
100%
first-time grantees, 2024
In 2024, 21 of 21 grantees (100%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $18K. How we count
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $102K (2021) to $731K (2023). In 2024 it made 21 grants totaling $385K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Urban Institute Washington, DC | Credit Building | $150,000 |
| Marshall Heights Community Development Organization Inc Washington, DC | Credit Building | $20,000 |
| Phipps Neighborhoods Bronx, NY | Credit Building | $20,000 |
| Project Access Orange, CA | Credit Building | $20,000 |
| Carroll Gardents Association Brooklyn, NY | Credit Building | $15,000 |
| Central City Neighborhood Partners Los Angeles, CA | Credit Building | $15,000 |
| Community First Fund Philadelphia, PA | Credit Building | $15,000 |
| Congreso De Latinos Unidos Inc Lancaster, PA | Credit Building | $15,000 |
| Exodus Lending St. Paul, MN | Credit Building | $10,000 |
| Center for Transforming Lives Fort Worth, TX | Credit Building | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $8,552,319 | $4,888,287 | $4,988,709 | $385,000 | 21 | $278,724 |
| 2023 | $8,538,896 | $4,747,116 | $4,460,136 | $731,250 | 11 | $150,756 |
| 2022 | $8,198,473 | $5,600,497 | $3,367,261 | $269,600 | 20 | $24,663 |
| 2021 | $3,615,350 | $4,093,739 | $2,221,901 | $101,500 | 10 | $1,271 |
| 2020 | $1,753,145 | $1,994,285 | $1,943,835 | $210,000 | 6 | $10,658 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
CBA’s stated mission is to help organizations move people from poverty to prosperity through credit building. It says it builds nonprofit and municipal members’ capacity to help their clients build credit and enter the financial mainstream.
CBA Fund supports nonprofits seeking to start, expand, or improve small-dollar consumer loan programs. Eligible organizations include 501(c)(3) nonprofits, credit unions, and Native agencies that meet CBA membership, credit-reporting, lending-license, and loan-product requirements. CBA Fund prefers consumer loans of $2,500 or less; its definition includes products such as emergency, credit-builder, home-repair, and auto loans, but excludes small-business loans and mortgages.
The grantees’ own missions illustrate the range of organizations receiving support. Phipps Neighborhoods says it provides educational and social services, including youth, workforce, and resident services. Project Access describes its work as providing on-site health, education, and employment services to low-income families, children, and seniors in affordable and workforce housing. Congreso de Latinos Unidos says it works toward economic self-sufficiency and wellbeing for individuals and families in predominantly Latino neighborhoods. Community First Fund says it promotes community and work-based economic development through loans and technical assistance benefiting low-income people in south-central Pennsylvania.
Grantmaking
In 2024, CBA reported 21 grants totaling $385,000. Grants ranged from $7,500 to $150,000, with a median of $10,000. The stated purpose for the largest listed grants was credit building. The largest was $150,000 to the Urban Institute; other notable awards included $20,000 each to Marshall Heights Community, Phipps Neighborhoods, and Project Access, and $15,000 each to Carroll Gardens Association, Central City Neighborhood Partners, Community First Fund, and Congreso de Latinos Unidos.
Additional 2024 awards included $10,000 each to Exodus Lending, Center for Transforming Lives, Downstreet Housing and Community, and Friendship House of Delaware. CBA Fund says it provides funding to cohorts of lenders throughout the year and announces opportunities when funding is available. Its stated eligibility requirements include an existing or planned consumer-loan program, reporting loans—or willingness to set up reporting—to major consumer credit bureaus, applicable state lending licenses or an exemption, and affordable, flexible loan terms conducive to credit building.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Donovan Duncan as chair, Kevin Fryatt as treasurer, and Margaret Libby as secretary. Directors listed are Cindy Logsdon, Abigail Lovell, Courtney Brinkman, Derison Puntier, Laurie Husaby, Dwayne Keys, and Aparna Sarin.
Credit Builders Alliance Inc is led by Dara Duguay, CEO since 2021 (on filings since 2020); 6 of 27 officers listed in 2024 are compensated.
Officers on the 2024 filing
Dara Duguay
CEO
Executive Di → CEO, 2021
On filings since 2020
28 hrs/week
$150K (2020) → $213K (2024)
Donovan Duncan
Chair
Vice Chair → Chair, 2022
On filings since 2020
2 hrs/week
No compensation reported
Mary Jo Halder
Training Director
New on the 2024 filing
40 hrs/week
$101K (2024)
Abigail Lovell
Director
On filings since 2020
2 hrs/week
No compensation reported
Cindy Logsdon
Director
On filings since 2020
2 hrs/week
No compensation reported
Courtney Brinkman
Director
On filings since 2020
2 hrs/week
No compensation reported
Derison Puntier
Director
On filings since 2020
2 hrs/week
No compensation reported
Dwayne Keys
Director
On filings since 2020
2 hrs/week
No compensation reported
Laurie Husaby
Director
On filings since 2020
2 hrs/week
No compensation reported
Aparna Sarin
Director
On filings since 2021
2 hrs/week
No compensation reported
Cy Richardson
Director
On filings since 2022
2 hrs/week
No compensation reported
Jeff Richardson
Director
On filings since 2022
2 hrs/week
No compensation reported
Priscilla Woo
Director
On filings since 2022
2 hrs/week
No compensation reported
Valecia Quinn
Director
On filings since 2022
2 hrs/week
No compensation reported
Giovanna Piovanetti
Director
On filings since 2023
2 hrs/week
No compensation reported
Dinesh Wadhwani - Outgoing
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Elizabeth Fairman - Incoming
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Eric Ellman - Outgoing
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Holly Frindell - Incoming
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Seth Julyan - Outgoing
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Shawna Collier - Outgoing
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Elisabeth Johnson-Crawford
Chief Techni
On filings since 2022
40 hrs/week
$101K (2022) → $149K (2024)
Julia Gazizova
CFO
Senior Director → CFO, 2023
On filings since 2022
28 hrs/week
$32K (2022) → $159K (2024)
Richard Reeve
Chief Program
On filings since 2023
36 hrs/week
$134K (2023) → $144K (2024)
Zach Morrow
COO
On filings since 2023
20 hrs/week
$125K (2023) → $141K (2024)
Margaret Libby
Secretary
Director → Secretary, 2022
On filings since 2020
2 hrs/week
No compensation reported
Kevin Fryatt
Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Former officers (29)
- Former: Eric Ellman (2020–2023) — Vice Chair
- Former: Seth Julyan (2020–2023) — Director
- Former: Dinesh Wadhwani (2022–2023) — Director
- Former: Shawna Collier (2022–2023) — Director
- Former: Chuck Jones - Outgoing (2023) — Director
- Former: Mariana Ippolito (2020–2022) — CFO
- Former: Chuck Jones (2021–2022) — Director
- Former: Celina Pena - Outgoing (2022) — Secretary
- Former: Christopher Hobday - Outgoing (2022) — Director
- Former: Isis Salmeron - Outgoing (2022) — Director
- Former: Jack Brummel - Outgoing (2022) — Director
- Former: Joyce Klein - Outgoing (2022) — Director
- Former: Laura Fisher - Outgoing (2022) — Chair
- Former: Celina Pena (2020–2021) — Secretary
- Former: Christopher Hobday (2020–2021) — Director
- Former: Isis Salmeron (2020–2021) — Director
- Former: Jack Brummel (2020–2021) — Director
- Former: Joyce Klein (2020–2021) — Director
- Former: Laura Fisher (2020–2021) — Chair
- Former: Andrew Posner - Outgoing (2021) — Treasurer
- Former: Carmina Ann Lass (2021) — Program Officer
- Former: Kristin Schell - Outgoing (2021) — Director
- Former: Patrick Walker - Outgoing (2021) — Director
- Former: Andrew Posner (2020) — Treasurer
- Former: Jeanne M. Hogarth - Outgoing (2020) — Chair
- Former: Kristin Schell (2020) — Director
- Former: Luis Peralta - Outgoing (2020) — Director
- Former: Patrick Walker (2020) — Director
- Former: Sarah Chenven (2020) — Deputy Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $213K, to Dara Duguay (CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Credit Builders Alliance Inc
How much does Credit Builders Alliance Inc give each year?
Credit Builders Alliance Inc gave $385K across 21 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $731K across 11 grants.
What is Credit Builders Alliance Inc's typical grant size?
Credit Builders Alliance Inc's median grant in 2024 was $10,000, and its average grant was $18,333, across 21 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Credit Builders Alliance Inc that year got $18K on average.
Where does Credit Builders Alliance Inc give grants?
Credit Builders Alliance Inc's top state is District of Columbia, with 44% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were New York (21%) and California (9%). The most frequent recipient cities were Washington, DC (2 grants), Bronx, NY (2 grants) and New York, NY (2 grants).
Does Credit Builders Alliance Inc give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on Credit Builders Alliance Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Credit Building" (21 grants).
Who are Credit Builders Alliance Inc's largest grantees?
Credit Builders Alliance Inc's largest 2024 grantees include Urban Institute ($150,000), Marshall Heights Community Development Organization Inc ($20,000) and Phipps Neighborhoods ($20,000), according to its 2024 IRS Form 990. Together they received 49% of its itemized 2024 grant dollars.
How large is Credit Builders Alliance Inc?
Credit Builders Alliance Inc reported $8.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.9M.
What does Credit Builders Alliance Inc fund?
CBA’s stated mission is to help organizations move people from poverty to prosperity through credit building. It says it builds nonprofit and municipal members’ capacity to help their clients build credit and enter the financial mainstream. See mission & focus areas ↑
How do I apply for a grant from Credit Builders Alliance Inc?
CBA says funding opportunities are announced periodically and directs interested organizations to follow its announcements. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Credit Builders Alliance Inc's EIN?
Credit Builders Alliance Inc's EIN (Employer Identification Number) is 20-8351782. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 21, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 19, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Credit Builders Alliance Inc funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/credit-builders-alliance-inc-morg_806cd7f2640f430ba7739e3602f788d5
BibTeX
@misc{grantable_208351782_2026,
author = {{Grantable}},
title = {{Credit Builders Alliance Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/credit-builders-alliance-inc-morg_806cd7f2640f430ba7739e3602f788d5},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Credit Builders Alliance Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Credit Builders Alliance Inc down — hundreds of funders to go?