Civic Intelligence

National Consumer Law Center Inc

EIN 04-2488502 • 501(c)3 • Boston, MA

Profile

The national consumer law center works for consumer justice and economic security for low-income and other disadvantaged people in the u.s. Through its expertise in policy analysis and advocacy, publications, litigation, expert witness services, and training.

7 Winthrop Square 4th FloorBoston, MA 02110-1006

www.nclc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.15x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$327,425

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.7%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$49,396,636

Up $6,062,261 (+14%) from 2023

Liabilities

Down

$3,205,791

Down $931,403 (-23%) from 2023

Net Assets

Up

$46,190,845

Up $6,993,664 (+18%) from 2023

Revenue

Up

$21,563,869

Up $1,903,574 (+9.7%) from 2023

Expenses

Up

$14,612,802

Up $480,475 (+3.4%) from 2023

Net Income

Up

$6,951,067

Up $1,423,099 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $18,637,638Liabilities 2010: $1,025,733Net Assets 2010: $17,611,9052010Assets 2011: $17,440,205Liabilities 2011: $706,535Net Assets 2011: $16,733,6702011Assets 2012: $20,926,620Liabilities 2012: $879,256Net Assets 2012: $20,047,3642012Assets 2013: $22,924,931Liabilities 2013: $636,726Net Assets 2013: $22,288,2052013Assets 2014: $25,515,594Liabilities 2014: $680,904Net Assets 2014: $24,834,6902014Assets 2015: $19,523,262Liabilities 2015: $1,555,127Net Assets 2015: $17,968,1352015Assets 2016: $23,537,966Liabilities 2016: $1,543,261Net Assets 2016: $21,994,7052016Assets 2017: $28,155,825Liabilities 2017: $1,590,715Net Assets 2017: $26,565,1102017Assets 2018: $30,855,082Liabilities 2018: $1,672,630Net Assets 2018: $29,182,4522018Assets 2019: $34,989,182Liabilities 2019: $2,275,656Net Assets 2019: $32,713,5262019Assets 2020: $39,190,985Liabilities 2020: $1,784,173Net Assets 2020: $37,406,8122020Assets 2021: $38,467,123Liabilities 2021: $2,039,091Net Assets 2021: $36,428,0322021Assets 2022: $35,032,375Liabilities 2022: $3,272,380Net Assets 2022: $31,759,9952022Assets 2023: $43,334,375Liabilities 2023: $4,137,194Net Assets 2023: $39,197,1812023Assets 2024: $49,396,636Liabilities 2024: $3,205,791Net Assets 2024: $46,190,8452024

Highlighted filing

2024

Assets$49,396,636
Liabilities$3,205,791
Net Assets$46,190,845

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $7,588,2972010Expenses 2011: $7,658,4492011Expenses 2012: $7,993,2572012Revenue 2013: $10,181,742Expenses 2013: $7,800,293Net Income 2013: $2,381,4492013Revenue 2014: $10,386,467Expenses 2014: $7,650,931Net Income 2014: $2,735,5362014Revenue 2015: $11,487,586Expenses 2015: $11,715,923Net Income 2015: -$228,3372015Revenue 2016: $11,958,367Expenses 2016: $8,094,364Net Income 2016: $3,864,0032016Revenue 2017: $12,170,618Expenses 2017: $8,365,127Net Income 2017: $3,805,4912017Revenue 2018: $13,578,743Expenses 2018: $9,048,062Net Income 2018: $4,530,6812018Revenue 2019: $11,192,382Expenses 2019: $9,889,701Net Income 2019: $1,302,6812019Revenue 2020: $13,610,248Expenses 2020: $10,543,303Net Income 2020: $3,066,9452020Revenue 2021: $12,110,427Expenses 2021: $10,983,130Net Income 2021: $1,127,2972021Revenue 2022: $12,493,790Expenses 2022: $12,724,016Net Income 2022: -$230,2262022Revenue 2023: $19,660,295Expenses 2023: $14,132,327Net Income 2023: $5,527,9682023Revenue 2024: $21,563,869Expenses 2024: $14,612,802Net Income 2024: $6,951,0672024

Highlighted filing

2024

Revenue$21,563,869
Expenses$14,612,802
Net Income$6,951,067

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.4$3.21$46.2$21.6$14.6$6.95
2023Detailed filing. Detailed filing data is available for this year.$43.3$4.14$39.2$19.7$14.1$5.53
2022Detailed filing. Detailed filing data is available for this year.$35.0$3.27$31.8$12.5$12.7$0.23
2021Detailed filing. Detailed filing data is available for this year.$38.5$2.04$36.4$12.1$11.0$1.13
2020Detailed filing. Detailed filing data is available for this year.$39.2$1.78$37.4$13.6$10.5$3.07
2019Detailed filing. Detailed filing data is available for this year.$35.0$2.28$32.7$11.2$9.89$1.30
2018Detailed filing. Detailed filing data is available for this year.$30.9$1.67$29.2$13.6$9.05$4.53
2017Detailed filing. Detailed filing data is available for this year.$28.2$1.59$26.6$12.2$8.37$3.81
2016Detailed filing. Detailed filing data is available for this year.$23.5$1.54$22.0$12.0$8.09$3.86
2015Detailed filing. Detailed filing data is available for this year.$19.5$1.56$18.0$11.5$11.7$0.23
2014Detailed filing. Detailed filing data is available for this year.$25.5$0.68$24.8$10.4$7.65$2.74
2013Detailed filing. Detailed filing data is available for this year.$22.9$0.64$22.3$10.2$7.80$2.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$0.88$20.0$7.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$0.71$16.7$7.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$1.03$17.6$7.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$23,482,010
Mission and Program Overview

Mission

Since 1969, the nonprofit national consumer law center has used its expertise in consumer law and energy policy to work for consumer justice and economic security for low-income and other disadvantaged people. Nclc's expertise includes policy analysis and advocacy; consumer law and energy publications; litigation; expert witness services, and training and advice for advocates. Nclc works with nonprofit and legal services organizations, private attorneys, policymakers, and federal and state government and courts across the nation to stop exploitive practices, help financially stressed families build and retain wealth, and advance economic fairness.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$37,884,773$40,622,369▲ $2,737,596
Pledges and Grants Receivable$2,557,595$3,965,699▲ $1,408,104
Cash and Non-Interest-Bearing Accounts$511,086$2,764,454▲ $2,253,368
Land, Buildings, and Equipment, Net$1,134,596$889,300▼ $245,296
Prepaid Expenses and Deferred Charges$280,223$345,765▲ $65,542
Accounts Receivable$137,231$111,785▼ $25,446
Savings and Temporary Cash Investments$100$100→ $0
Total Assets$43,334,375$49,396,636▲ $6,062,261
Other Assets Total$828,771$697,164▼ $131,607
Liabilities
Accounts Payable and Accrued Expenses$2,619,006$1,793,820▼ $825,186
Deferred Revenue$976,190$1,024,563▲ $48,373
Other Liabilities$541,998$387,408▼ $154,590
Total Liabilities$4,137,194$3,205,791▼ $931,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,639,865$39,322,751▲ $5,682,886
Net Assets With Donor Restrictions$5,557,316$6,868,094▲ $1,310,778
Total Net Assets Fund Balance$39,197,181$46,190,845▲ $6,993,664
Total Liabilities and Net Assets / Fund Balance$43,334,375$49,396,636▲ $6,062,261

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$812,715$827,576$1,640,291
Leasehold Improvements$76,585$151,610$228,195

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$11,371,999$27,721▲ $791,930-$12,191,650
2023$10,248,002$33,012▲ $1,090,985-$11,371,999
2022$11,495,353$98,269▼ $1,345,620-$10,248,002
2021$10,677,366$462,448▲ $355,539-$11,495,353
2020$9,915,770$384,517▲ $377,079-$10,677,366
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard DuboisExecutive DirectorFT$278,750$48,675$327,425
Carolyn CarterDeputy DirectorFT$237,471$23,762$261,233
Stephen HurleyChief Development OfficerFT$206,729$42,188$248,917
Margaret KohlerChief Financial OfficerFT$204,883$43,184$248,067
Karen LussonSenior AttorneyFT$188,794$32,292$221,086
Margot SaundersSenior AttorneyFT$196,922$22,639$219,561
Jeremiah BattleSenior AttorneyFT$185,603$31,717$217,320
Svetlana LadanDirector of Operations and ItFT$170,813$43,470$214,283
Shennan KavanaghDirector of LitigationFT$185,765$23,727$209,492
Lauren SaundersAssociate DirectorFT$198,540$7,914$206,454
Olivia WeinSenior AttorneyFT$193,050$8,465$201,515
Michelle Bates DeakinChief Communications OfficerFT$192,677$4,074$196,751
Jonathan SheldonPublisher Staff AttorneyPT$145,064$39,683$184,747

Board Members and Trustees

NameTitle
Michael FerryPresident
Dancy Mckinney-parkerVice President
Beverly CourtneyDirector
Deepak GuptaDirector
Dolores S SmithDirector
Jonathan L KravetzDirector
Latryna D CarltonDirector
Mark E BudnitzDirector
Martha TamayoDirector
Elizabeth CabraserDirector (as of 2/24)
David VladeckDirector (until 12/24)
Odette WilliamsonSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Svb Private WealthInvestment Advisor265 MAIN ST, Cambridge, MA 02142$160,993
Jessica Hiemenz-woodburyConference Management16 PERKINS AVE, Hyde Park, MA 02136$149,963
Lois L Lindauer Searches LLCRecruiter420 BOYLSTON STREET, Boston, MA 02116$119,956
Revenue and Support

Revenue Composition

Contributions and Grants
$6,684,696
Program Service Revenue
$12,505,009
Investment Income
$2,374,164
Other Revenue
$0
All Other Contributions
$5,092,020
Change in Net Assets
$6,951,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,628,536
Other Expenses$3,984,266
Total Fundraising Expense$1,011,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,706,512$518,417$421,497$6,646,426
Current Officers, Directors, Trustees, and Key Employees$793,480$828,472$282,522$1,904,474
Other Employee Benefits$1,031,403$101,623$71,545$1,204,571
Conferences and Meetings$827,453$15,930$23$843,406
Fees for Services Other$761,279$58,452$18,681$838,412
Payroll Taxes$487,338$91,978$49,852$629,168
Occupancy$513,460$16,011$7,472$536,943
Office Expenses$184,394$151,055$57,845$393,294
Depreciation Depletion$285,256$19,467$9,085$313,808
Information Technology$198,101$42,719$31,147$271,967
Pension Plan Contributions$213,862$13,301$16,734$243,897
Travel$158,668$33,422$1,806$193,896
Fees for Service Investment Mgmnt Fees-$134,743-$134,743
Insurance$51,771$17,649$8,236$77,656
Fees for Services Accounting-$49,200-$49,200
Other Expenses$1,427$3,916$1,828$1,427
Total Functional Expenses$11,379,051$2,222,110$1,011,641$14,612,802
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$387,408
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is sent by the preparer via email and is reviewed and revised by the finance committee before it is filed. The full board of directors also receives a copy.

Form 990, Part VI, Section B, Line 12C

Every year, board members are called upon to make full conflict of interest disclosures at the board's annual meeting. The executive director is responsible for putting this item on the meeting agenda and the board member affirms their disclosure in response to an email sent by the chief financial officer.

Form 990, Part VI, Section B, Line 15

Every 3 years, nclc contracts with an outside professional salary consultant firm to do a salary comparability study. The board approves the results of the study and salaries for all staff (including the executive director and other key employees) are set accordingly.

Form 990, Part VI, Section C, Line 19

The 990 and audited financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Consumer Law Center Inc
EIN
04-2488502
Phone
6175428010
Address
7 WINTHROP SQUARE 4TH FLOOR, BOSTON, MA 02110-1006

Signing Officer

Name
Richard Dubois
Title
Executive Director
Phone
6175428010
Signed
2025-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Dubois
Formed
1971
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
12
Employees
79
Volunteers
12

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Caitlin Limoges CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The national consumer law center works for consumer justice and economic security for low-income and other disadvantaged people in the u.s. Through its expertise in policy analysis and advocacy, publications, litigation, expert witness services, and training. Since 1969, the nonprofit national consumer law center (nclc) has used its expertise in consumer law and energy policy to work for consumer justice and economic security for low-income and other disadvantaged people. Nclc's expertise includes policy analysis and advocacy; consumer law and energy publications; litigation and expert witness services; and training and advice for advocates. Nclc works with nonprofit and legal services organizations, private attorneys, policymakers, and federal and state government and courts across the nation to stop exploitative practices, help financially stressed families build and retain wealth, and advance economic fairness. Nclc attorneys are widely recognized as leading national experts in consumer credit, banking, home energy, housing, debt collection, and other areas of critical importance to low-income families. Nclc is a 501(c)(3) nonprofit organization with offices in boston, massachusetts, and washington, d.c., with more than 60 staff members.

Form 990, Part XII, Line 2C

This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The agency accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidated financial statements regarding a tax position taken or expected to be taken in a tax return. The agency has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidated financial statements at december 31, 2024. The agency's informational tax returns are subject to examination by the federal and state jurisdictions.

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