Civic Intelligence

Higher Education Loan Coalition

990EZ • Fiscal year 2023 • EIN 31-1716082

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 26, 2023

Organization ProfileHIGHEREDLOANCOALITION.ORG
8 Concord StNatick, MA 01760

(508) 789-7084

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

96th percentile

77%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

88th percentile

62%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-22%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$60,765

Up $23,274 (+62%) from 2022

Net Assets

Up

$60,765

Up $23,274 (+62%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin96th percentile

Revenue

Down

$30,400

Down $8,500 (-22%) from 2022

Expenses

Down

$7,126

Down $57,654 (-89%) from 2022

Net Income

Up

$23,274

Up $49,154 (+190%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2017: $154,946Net Assets 2017: $154,9462017Assets 2018: $121,643Net Assets 2018: $121,6432018Assets 2019: $119,600Net Assets 2019: $119,6002019Assets 2020: $100,355Net Assets 2020: $100,3552020Assets 2021: $63,372Net Assets 2021: $63,3722021Assets 2022: $37,491Net Assets 2022: $37,4912022Assets 2023: $60,765Net Assets 2023: $60,7652023Assets 2024: $66,619Net Assets 2024: $66,6192024Assets 2025: $93,791Net Assets 2025: $93,7912025

Highlighted filing

2023

Assets$60,765
Liabilities-
Net Assets$60,765
Open 2023 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2017: $74,100Expenses 2017: $71,979Net Income 2017: $2,1212017Revenue 2018: $48,650Expenses 2018: $81,953Net Income 2018: -$33,3032018Revenue 2019: $76,750Expenses 2019: $78,793Net Income 2019: -$2,0432019Revenue 2020: $46,350Expenses 2020: $65,595Net Income 2020: -$19,2452020Revenue 2021: $36,950Expenses 2021: $73,933Net Income 2021: -$36,9832021Revenue 2022: $38,900Expenses 2022: $64,780Net Income 2022: -$25,8802022Revenue 2023: $30,400Expenses 2023: $7,126Net Income 2023: $23,2742023Revenue 2024: $13,658Expenses 2024: $7,803Net Income 2024: $5,8552024Revenue 2025: $38,800Expenses 2025: $11,629Net Income 2025: $27,1712025

Highlighted filing

2023

Revenue$30,400
Expenses$7,126
Net Income$23,274
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$30,400
Mission and Program Overview

Mission

Monitor/promote federal student loans

Monitor and promote federal student loans.

Program Services

DescriptionGrantsExpenses
CREATED, MONITORED, DISTRIBUTED PRESS RELEASES, MAINTAINED INFORMATIVE WEB SITE, ADDED WEB TOOLS TO ASSIST DIRECT LOAN SCHOOLS, PROVIDED CONGRESS WITH DIRECT SCHOOL LOAN INFORMATION.-$7,126
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RACHELLE FELDMANChair-$0--
MELISSA KUNESChair-$0--
CHARLES KNEPFLEPast Chair-$0--
JULIE WICKSTROMTreasurer-$0--
MARY BOOKERDirector-$0--
DIANE CORBETTAdvisor-$0--
SUZANNE DAYDirector-$0--
DELISA FALKSDirector-$0--
ELIJAH HERRDirector-$0--
ANGELA JOHNSONDirector-$0--
ROBERTA JOHNSONDirector-$0--
DEREK KINDLEDirector-$0--
S KAY LEWISDirector-$0--
JEAN MCDONALD RASHDirector-$0--
MATTHEW MOOREDirector-$0--
MARGARET RODRIGUEZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Higher Education Loan Coalition
EIN
31-1716082
Phone
5087897084
Address
8 CONCORD ST, NATICK, MA 01760

Signing Officer

Name
Julie Wickstrom
Title
Treasurer
Phone
6173534176
Signed
2023-09-26

Preparer

Firm
Hazzouri Accounting & Tax Inc
Address
2200 N CANTON CENTER RD STE 170, CANTON, MI 48187
Preparer
Khaled Hazzouri CPA
Phone
7348441614
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 189 meetings and conferences 4,348 credit and collection costs 1,309 total 5,846”

Raw XML Appendix177 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RACHELLE FELDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MELISSA KUNES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES KNEPFLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JULIE WICKSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARY BOOKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DIANE CORBETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SUZANNE DAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DELISA FALKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ELIJAH HERR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ANGELA JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ROBERTA JOHNSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12S KAY LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13JEAN MCDONALD RASH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14MATTHEW MOORE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5ADVISOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05846
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MONITOR AND PROMOTE FEDERAL STUDENT LOANS.
IRS990EZ/PrintingPublicationsPostageAmt0938
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATED, MONITORED, DISTRIBUTED PRESS RELEASES, MAINTAINED INFORMATIVE WEB SITE, ADDED WEB TOOLS TO ASSIST DIRECT LOAN SCHOOLS, PROVIDED CONGRESS WITH DIRECT SCHOOL LOAN INFORMATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07126
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HIGHEREDLOANCOALITION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt076750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0229350
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 189 MEETINGS AND CONFERENCES 4,348 CREDIT AND COLLECTION COSTS 1,309 TOTAL 5,846
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE WICKSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06173534176
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHER EDUCATION LOAN COALITION
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0311716082
ReturnHeader/Filer/PhoneNum05087897084
ReturnHeader/Filer/USAddress/AddressLine1Txt08 CONCORD ST
ReturnHeader/Filer/USAddress/CityNm0NATICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001760
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203015884
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAZZOURI ACCOUNTING & TAX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02200 N CANTON CENTER RD STE 170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CANTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048187
ReturnHeader/PreparerPersonGrp/PhoneNum07348441614
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KHALED HAZZOURI CPA
ReturnHeader/ReturnTs02023-10-12T16:54:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WICKSTROM
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,765
Liabilities
-
Net assets
$60,765
Revenue
$30,400
Expenses
$7,126
Net income
$23,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.94$0.94$0.39$0.12$0.27
2024Detailed filing. Detailed filing data is available for this year.$0.67$0.67$0.14$0.08$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.61$0.30$0.07$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.39$0.65$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.63$0.37$0.74$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.46$0.66$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.77$0.79$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.49$0.82$0.33
2017Detailed filing. Detailed filing data is available for this year.$1.55$1.55$0.74$0.72$0.02