Civic Intelligence

123 Credit Counselors Inc

EIN 20-3351880 • 501(c)3 • Miami, FL

Profile

Providing financial education services

6303 Blue Lagoon Drive Ste 400Miami, FL 33126

a123cc.org

Siviq Scores

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

Liabilities / Assets

97th percentile

4.33x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.82x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

84th percentile

40%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

-1.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$19,408

Up $5,583 (+40%) from 2023

Liabilities

Up

$84,000

Up $20,000 (+31%) from 2023

Net Assets

Down

-$64,592

Down $14,417 (-29%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin27th percentile

Revenue

Down

$102,096

Down $1,660 (-1.6%) from 2023

Expenses

Up

$116,513

Up $1,213 (+1.1%) from 2023

Net Income

Down

-$14,417

Down $2,873 (-25%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2011: $104,082Liabilities 2011: $99,428Net Assets 2011: $4,6542011Assets 2012: $59,131Liabilities 2012: $162,197Net Assets 2012: -$103,0662012Assets 2013: $39,055Liabilities 2013: $274,511Net Assets 2013: -$235,4562013Assets 2014: $32,505Liabilities 2014: $364,838Net Assets 2014: -$332,3332014Assets 2015: $12,470Liabilities 2015: $420,685Net Assets 2015: -$408,2152015Assets 2016: $11,132Liabilities 2016: $542,340Net Assets 2016: -$531,2082016Assets 2017: $7,780Liabilities 2017: $631,030Net Assets 2017: -$623,2502017Assets 2018: $4,903Liabilities 2018: $625,853Net Assets 2018: -$620,9502018Assets 2019: $4,424Liabilities 2019: $629,041Net Assets 2019: -$624,6172019Assets 2020: $3,473Liabilities 2020: $663,874Net Assets 2020: -$660,4012020Assets 2021: $1,338Liabilities 2021: $623,545Net Assets 2021: -$622,2072021Assets 2022: $10,869Liabilities 2022: $49,500Net Assets 2022: -$38,6312022Assets 2023: $13,825Liabilities 2023: $64,000Net Assets 2023: -$50,1752023Assets 2024: $19,408Liabilities 2024: $84,000Net Assets 2024: -$64,5922024

Highlighted filing

2024

Assets$19,408
Liabilities$84,000
Net Assets-$64,592
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$1.0M$500K$0-$500KRevenue 2011: $831,484Expenses 2011: $930,925Net Income 2011: -$99,4412011Revenue 2012: $611,460Expenses 2012: $719,180Net Income 2012: -$107,7202012Revenue 2013: $470,439Expenses 2013: $602,829Net Income 2013: -$132,3902013Revenue 2014: $384,913Expenses 2014: $481,790Net Income 2014: -$96,8772014Revenue 2015: $315,929Expenses 2015: $391,927Net Income 2015: -$75,9982015Revenue 2016: $252,308Expenses 2016: $375,301Net Income 2016: -$122,9932016Revenue 2017: $212,348Expenses 2017: $304,390Net Income 2017: -$92,0422017Revenue 2018: $181,558Expenses 2018: $179,258Net Income 2018: $2,3002018Revenue 2019: $175,145Expenses 2019: $178,812Net Income 2019: -$3,6672019Revenue 2020: $129,613Expenses 2020: $165,397Net Income 2020: -$35,7842020Revenue 2021: $98,221Expenses 2021: $0Net Income 2021: $98,2212021Revenue 2022: $105,857Expenses 2022: $146,817Net Income 2022: -$40,9602022Revenue 2023: $103,756Expenses 2023: $115,300Net Income 2023: -$11,5442023Revenue 2024: $102,096Expenses 2024: $116,513Net Income 2024: -$14,4172024

Highlighted filing

2024

Revenue$102,096
Expenses$116,513
Net Income-$14,417
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,408
Liabilities
$84,000
Net assets
-$64,592
Revenue
$102,096
Expenses
$116,513
Net income
-$14,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.84$0.65$1.02$1.17$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.64$0.50$1.04$1.15$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.50$0.39$1.06$1.47$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.01$6.24$6.22$0.98$0.00$0.98
2020Detailed filing. Detailed filing data is available for this year.$0.03$6.64$6.60$1.30$1.65$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.04$6.29$6.25$1.75$1.79$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.05$6.26$6.21$1.82$1.79$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.08$6.31$6.23$2.12$3.04$0.92
2016Detailed filing. Detailed filing data is available for this year.$0.11$5.42$5.31$2.52$3.75$1.23
2015Detailed filing. Detailed filing data is available for this year.$0.12$4.21$4.08$3.16$3.92$0.76
2014Detailed filing. Detailed filing data is available for this year.$0.33$3.65$3.32$3.85$4.82$0.97
2013Detailed filing. Detailed filing data is available for this year.$0.39$2.75$2.35$4.70$6.03$1.32
2012Summary only. Only limited summary data is available for this year.$0.59$1.62$1.03$6.11$7.19$1.08
2011Summary only. Only limited summary data is available for this year.$1.04$0.99$0.05$8.31$9.31$0.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$102,096
Mission and Program Overview

Mission

A 123 credit counselors, inc. Provides financial education services to high risk groups such as high school and college graduates, the elderly and any other individuals or group needing to increase their financial literacy. Further, as an approved provider of credit counseling services pursuant to the bankruptcy abuse prevention and consumer protection act of 2005, the organization provides financial education to such individuals to allow them to make an informed decision.

Provide financial education service

Program Services

DescriptionGrantsExpenses
Conduct low-cost financial counseling classes for over 3000 individuals-$116,513
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tania WatzkoExecutive Director-$0--
Garrett KanakaoleDirector-$0--
Aurelio MartinezDirector-$0--
Don PirozzoliDirector-$0--
Todd RomerDirector-$0--
Aurora TalaveraDirector-$0--
Alberto DuartePresident Executive Director-$0--
Filing and Contact Details

Filer

Filer Name
123 Credit Counselors Inc
EIN
20-3351880
In Care Of
% Alberto Duarte
Phone
3052699201
Address
6303 Blue Lagoon Drive Ste 400, Miami, FL 33126

Signing Officer

Name
Alberto Duarte
Title
President Executive Director
Phone
4073123423
Signed
2025-10-29
Discuss with paid preparer
No

Preparer

Firm
Sharda Singh Tax & Accounting LLC
Address
4818 Brightmour Circle, Orlando, FL 32837
Preparer
Sharda Singh
Phone
3212178185
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising and Marketing 5,906Bank and Credit Card Charges 6,641Payroll Processing Fee 2,164Insurance -Workers Comp 562Taxes and Licensing 61Office 385Licensing 1,762Computer and Website 10,694”

Description of other assets Part II line 24

“Category Beginning of Year End of YearSoftware Development Costs 7,125 7,125”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLoan Payable 64,000 84,000”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Alberto Duarte
IRS990EZ/BooksInCareOfDetail/PhoneNum04073123423
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0941 Marsh Reed Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Winter Garden
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034787
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06700
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012283
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14417
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01044
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013825
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019408
IRS990EZ/GrossReceiptsAmt0102096
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-50175
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-64592
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-50175
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-64592
IRS990EZ/OccupancyRentUtltsAndMaintAmt03949
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tania Watzko
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Garrett Kanakaole
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Aurelio Martinez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Don Pirozzoli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Todd Romer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Aurora Talavera
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Alberto Duarte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6President Executive Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07125
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07125
IRS990EZ/OtherExpensesTotalAmt028175
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide financial education service
IRS990EZ/ProgramServiceRevenueAmt0102096
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Conduct low-cost financial counseling classes for over 3000 individuals
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0116513
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt083345
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt064000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt084000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0116513
IRS990EZ/TotalProgramServiceExpensesAmt0116513
IRS990EZ/TotalRevenueAmt0102096
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0a123cc.org
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0123 Credit Counselors is a 501(c)(3) nonprofit credit-counseling organization that does not operate as a school or other institution that solicits or enrolls students for instruction. Because the organization does not maintain or publicize student enrollment or registration programs, it has not posted a racially nondiscriminatory policy in the manner described in Question 3.Nevertheless, 123 Credit Counselors maintains and enforces a written equal-opportunity and nondiscrimination policy applicable to all clients, employees, and partners. All services are offered without discrimination on the basis of race, color, national origin, gender, religion, age, disability, or any other protected classification, in full compliance with federal and state laws governing charitable organizations.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Record maintenances (Questions 4a, 4b, 4c or 4d)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising and Marketing 5,906Bank and Credit Card Charges 6,641Payroll Processing Fee 2,164Insurance -Workers Comp 562Taxes and Licensing 61Office 385Licensing 1,762Computer and Website 10,694
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearSoftware Development Costs 7,125 7,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearLoan Payable 64,000 84,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ALBERTO DUARTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President Executive Dir
ReturnHeader/BusinessOfficerGrp/PhoneNum04073123423
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0123 CREDIT COUNSELORS INC
ReturnHeader/Filer/BusinessNameControlTxt0123C
ReturnHeader/Filer/EIN0203351880
ReturnHeader/Filer/InCareOfNm0% Alberto Duarte
ReturnHeader/Filer/PhoneNum03052699201
ReturnHeader/Filer/USAddress/AddressLine1Txt06303 Blue Lagoon Drive Ste 400
ReturnHeader/Filer/USAddress/CityNm0Miami
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033126
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824496333
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sharda Singh Tax & Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04818 Brightmour Circle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Orlando
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032837
ReturnHeader/PreparerPersonGrp/PhoneNum03212178185
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARDA SINGH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-29T21:52:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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