Civic Intelligence

Credential Engine Inc

EIN 81-3389623 • 501(c)3 • Washington, DC

Profile

Credential Engine is a non-profit whose mission is to create credential transparency, reveal the credential marketplace, increase credential literacy, and empower everyone to make more informed decisions about credentials and their value. Credential Engine provides a suite of web-based services that creates for the first time a centralized Credential Registry to house up-to-date information about all credentials, a common description language to enable credential comparability, and a platform to support customized applications to search and retrieve information about credentials.

2021 L Street NW 101-342Washington, DC 20036

www.credentialengine.org

Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.02x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$4,663,964

Up $608,467 (+15%) from 2023

Liabilities

Down

$109,341

Down $129,104 (-54%) from 2023

Net Assets

Up

$4,554,623

Up $737,571 (+19%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin66th percentile

Revenue

Up

$5,048,962

Up $1,239,649 (+33%) from 2023

Expenses

Up

$4,373,042

Up $713,402 (+19%) from 2023

Net Income

Up

$675,920

Up $526,247 (+352%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2016: $1,000,988Liabilities 2016: $0Net Assets 2016: $1,000,9882016Assets 2017: $3,965,100Liabilities 2017: $34,945Net Assets 2017: $3,930,1552017Assets 2018: $3,393,964Liabilities 2018: $235,748Net Assets 2018: $3,158,2162018Assets 2019: $4,174,643Liabilities 2019: $233,653Net Assets 2019: $3,940,9902019Assets 2020: $2,432,012Liabilities 2020: $311,093Net Assets 2020: $2,120,9192020Assets 2021: $2,829,451Liabilities 2021: $471,773Net Assets 2021: $2,357,6782021Assets 2022: $3,908,540Liabilities 2022: $302,751Net Assets 2022: $3,605,7892022Assets 2023: $4,055,497Liabilities 2023: $238,445Net Assets 2023: $3,817,0522023Assets 2024: $4,663,964Liabilities 2024: $109,341Net Assets 2024: $4,554,6232024

Highlighted filing

2024

Assets$4,663,964
Liabilities$109,341
Net Assets$4,554,623
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,001,000Expenses 2016: $12Net Income 2016: $1,000,9882016Revenue 2017: $4,206,195Expenses 2017: $1,277,028Net Income 2017: $2,929,1672017Revenue 2018: $2,053,963Expenses 2018: $2,754,166Net Income 2018: -$700,2032018Revenue 2019: $3,414,206Expenses 2019: $2,631,432Net Income 2019: $782,7742019Revenue 2020: $1,509,331Expenses 2020: $3,329,402Net Income 2020: -$1,820,0712020Revenue 2021: $3,267,999Expenses 2021: $3,031,240Net Income 2021: $236,7592021Revenue 2022: $4,467,140Expenses 2022: $3,219,029Net Income 2022: $1,248,1112022Revenue 2023: $3,809,313Expenses 2023: $3,659,640Net Income 2023: $149,6732023Revenue 2024: $5,048,962Expenses 2024: $4,373,042Net Income 2024: $675,9202024

Highlighted filing

2024

Revenue$5,048,962
Expenses$4,373,042
Net Income$675,920
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$4,663,964
Liabilities
$109,341
Net assets
$4,554,623
Revenue
$5,048,962
Expenses
$4,373,042
Net income
$675,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.66$0.11$4.55$5.05$4.37$0.68
2023Detailed filing. Detailed filing data is available for this year.$4.06$0.24$3.82$3.81$3.66$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.91$0.30$3.61$4.47$3.22$1.25
2021Detailed filing. Detailed filing data is available for this year.$2.83$0.47$2.36$3.27$3.03$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.43$0.31$2.12$1.51$3.33$1.82
2019Detailed filing. Detailed filing data is available for this year.$4.17$0.23$3.94$3.41$2.63$0.78
2018Detailed filing. Detailed filing data is available for this year.$3.39$0.24$3.16$2.05$2.75$0.70
2017Detailed filing. Detailed filing data is available for this year.$3.97$0.03$3.93$4.21$1.28$2.93
2016Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$1.00$0.00$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$7,336,016
Mission and Program Overview

Mission

Credential Engine is a non-profit whose mission is to create credential transparency, reveal the credential marketplace, increase credential literacy, and empower everyone to make more informed decisions about credentials and their value. Credential Engine provides a suite of web-based services that creates for the first time a centralized Credential Registry to house up-to-date information about all credentials, a common description language to enable credential comparability, and a platform to support customized applications to search and retrieve information about credentials.

To improve transparency in the credentialing marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,074,586$2,204,784▲ $130,198
Cash and Non-Interest-Bearing Accounts$1,454,297$2,085,991▲ $631,694
Accounts Receivable$394,169$329,384▼ $64,785
Pledges and Grants Receivable$100,059$0▼ $100,059
Land, Buildings, and Equipment, Net$19,094$29,162▲ $10,068
Intangible Assets$9,844$8,802▼ $1,042
Prepaid Expenses and Deferred Charges$3,448$5,841▲ $2,393
Total Assets$4,055,497$4,663,964▲ $608,467
Liabilities
Grants Payable$120,000$0▼ $120,000
Accounts Payable and Accrued Expenses$118,445$109,341▼ $9,104
Total Liabilities$238,445$109,341▼ $129,104
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,320,480$3,744,680▲ $424,200
Net Assets With Donor Restrictions$496,572$809,943▲ $313,371
Total Net Assets Fund Balance$3,817,052$4,554,623▲ $737,571
Total Liabilities and Net Assets / Fund Balance$4,055,497$4,663,964▲ $608,467

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,162$36,695$65,857
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott CheneyExecutive Director & CEOFT$305,190$66,011$371,201
Jeanne KitchensChief Technical Services OFT$198,132$57,065$255,197
Deborah EverhartChief Strategy OfficerFT$204,690$28,909$233,599
Rachel VilsakChief Operations OfficerFT$202,966$27,433$230,399
Brian SylvesterDirector of Business PartnershipsFT$148,278$54,528$202,806
Jeffrey GrannCredential Solutions LeadFT$142,957$55,745$198,702
Michael ParsonsSenior Solutions EngineerFT$134,238$47,130$181,368
Rohit JoyDirector of EngineeringFT$132,618$8,772$141,390
Katherine SuppleDirector of Finance and AdministrationFT$87,482$35,798$123,280

Board Members and Trustees

NameTitle
Barbara Gellman-danleyChair
Aaron FichtnerVice Chair Until December
Andreas SchleicherDirector
Eleni PapadakisDirector
Kathleen DelaskiDirector
Lee LambertDirector
Liberty MunsonDirector
Nick SchachtDirector
Su Jin Gatlin JezDirector
Tanya Wallace-gobernDirector
Ted MitchellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Learning TapestryConsulting340 S LEMON AVE 6452, Walnut, CA 91789$185,887
Massachusetts Institute Of TechnologyConsulting77 MASSACHUSETTS AVENUE 76, Cambridge, MA 02139$150,000
Iqm Workforce Analytics LLCConsulting702 HAYMARKET, Temple, TX 76502$102,450
Revenue and Support

Revenue Composition

Contributions and Grants
$2,498,580
Program Service Revenue
$2,434,889
Investment Income
$112,775
Other Revenue
$2,718
All Other Contributions
$2,498,580
Change in Net Assets
$675,920

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,036,211
Revenue Not Reported on Financial Statements
$12,751
Revenue Not Reported on Form 990
$61,651
Total Revenue per Audited Statements
$5,097,862
Total Revenue per Form 990
$5,048,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,150,750
Other Expenses$1,204,292
Total Fundraising Expense$60,455
Grants and Similar Amounts Paid$18,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,450,788$273,064$33,936$1,757,788
Current Officers, Directors, Trustees, and Key Employees$707,033$136,431$16,533$859,997
Fees for Services Other$722,455$70,618-$793,073
Other Employee Benefits$232,205$50,393$5,421$288,019
Payroll Taxes$152,050$25,314$2,901$180,265
Fees for Services Legal$93,500$2,930-$96,430
Information Technology$10,437$64,165-$74,602
Travel$33,459$31,995-$65,454
Pension Plan Contributions$52,147$11,317$1,217$64,681
Fees for Services Accounting-$58,393-$58,393
Other Expenses$3,894$17,766-$21,660
Grants to Domestic Orgs$18,000--$18,000
Conferences and Meetings$9,395$4,053-$13,448
Fees for Service Investment Mgmnt Fees-$12,751-$12,751
Depreciation Depletion$10,085$1,898$236$12,219
Insurance$9,010$1,695$211$10,916
Occupancy$4,810$2,579-$7,389
Office Expenses$92$5,365-$5,457
Total Functional Expenses$3,509,360$803,227$60,455$4,373,042

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,373,042
Expenses per Audited Statements$4,360,291
Total Expenses per Audited Statements$4,360,291
Expenses Not Reported on Financial Statements$12,751
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Houston Community College FoundationHouston, TX501(c)(3)To Support Partner Organizations in Publishing Credential and Job-skills Data That Enhance Transparency, Comparability, and Alignment Between Education Programs and Workforce Needs.$15,000
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
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization has no committee with the authority to act on behalf of the governing body.”

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

“The director of finance and administration and the executive director/ceo review the form 990 draft. A draft is sent to the full board for review before it is signed and filed with the irs.”

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

“Disclosure by board members is updated at least annually. The director of finance monitors the disclosures for compliance and possible conflicts of interest. Disclosure of all facts pertaining to potential conflict shall be made to the board. Fact gathering and review by the board determines if a conflict exists. While the potential for conflict of interest is under review, all persons under review will be prohibited from participating in the governing body's deliberations and decisions. The board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Credential Engine Inc
EIN
81-3389623
Phone
2022570279
Address
2021 L STREET NW 101-342, WASHINGTON, DC 20036

Signing Officer

Name
Scott Cheney
Title
Executive Director & CEO
Phone
2022570279
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Cheney
Formed
2016
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
26
Volunteers
100

Preparer

Firm
Jm&m
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Phone
4108840220
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultants: program service expenses 722,424. Management and general expenses 21,894. Fundraising expenses 0. Total expenses 744,318. Professional fees: program service expenses 31. Management and general expenses 0. Fundraising expenses 0. Total expenses 31. Payroll fees: program service expenses 0. Management and general expenses 48,724. Fundraising expenses 0. Total expenses 48,724.”

FORM 990, PART XII, LINE 2C:

“The organization's board of directors is responsible for oversight of the audit and selection of independent accountants. These processes have not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Credential engine believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status.”

Raw XML AppendixShowing 400 of 696 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR UNTIL DECEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF FINANCE AND ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF TECHNICAL SERVICES O
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CREDENTIAL SOLUTIONS LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR SOLUTIONS ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF BUSINESS PARTNERSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF ENGINEERING
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IRS990/MissionDesc0TO MAP THE CREDENTIAL LANDSCAPE WITH CLEAR AND CONSISTENT INFORMATION, FUELING THE CREATION OF RESOURCES THAT EMPOWER PEOPLE TO FIND THE PATHWAYS THAT ARE BEST FOR THEM. CREDENTIAL ENGINE PROVIDES A SUITE OF WEB-BASED SERVICES THAT CREATES FOR THE FIRST TIME A CENTRALIZED CREDENTIAL REGISTRY TO HOUSE UP-TO-DATE INFORMATION ABOUT ALL CREDENTIALS, THE CREDENTIAL TRANSPARENCY DESCRIPTION LANGUAGE (CTDL) A COMMON DESCRIPTION LANGUAGE TO ENABLE CREDENTIAL COMPARABILITY, AND A PLATFORM TO SUPPORT CUSTOMIZED APPLICATIONS TO SEARCH AND RETRIEVE INFORMATION ABOUT CREDENTIALS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0POLICY - AS REQUESTED, CREDENTIAL ENGINE EDUCATES AND SUPPORTS POLICY MAKERS AT INSTITUTION, SYSTEM, STATE, FEDERAL, AND NATIONAL LEVELS SO THEY CAN CRAFT GUIDANCE, REGULATION, FUNDING, PROCUREMENT, OR LEGISLATIVE ACTIONS TO ADVANCE CREDENTIAL TRANSPARENCY.
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01

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