CREDIT ABUSE RESISTANCE EDUCATION
Care for your future
Programs and results
What we aim to solve
More young people are graduating from universities with large student loan debts, alternative credit products are trapping low-income families in cycles of debt with astronomical interest rates, and housing costs are pricing more people out of traditional credit products like mortgages. Teaching personal finance to young people is one of the most important things we can do to prepare upcoming generations for success.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
CARE Educational Classroom Presentations
Each one of our volunteers completes at least one educational classroom presentation before a group of youth, either high school students or other young adults. Our presentations focus on 3 main curriculum areas and last approximately 45 minutes or 1 class period.
The 3 main curriculum areas: Student Loans, Budgeting and Saving, and Credit and Debt.
Every presenter is experienced in either bankruptcy law or financial services industries and offers real-life professional experiences with each presentation. Their experiences provide examples, inspirations, and warnings for students on making smart financial decisions.
Our curriculum is designed to be supplemental to a teacher's personal finance unit and is free to every educator who requests a presentation.
Where we work
External reviews
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
As many students prepare to graduate or enter the workforce, they are thrown into the world of personal finance at the deep end. CARE helps students and young adults graduate from school and enter employment with the fundamentals of personal finance already in-hand. Its work aims to provide young people with the knowledge necessary to budget, save money, manage credit responsibly, and ask the tough questions of financial service companies they may interact with. Aside from these fundamental skills, CARE seeks to teach these topics in the context of real-world examples, experiences, and consequences. Its program volunteers are comprised of professionals in various financial service industries, who also open themselves to questions by young people on their personal and professional experiences.
CARE's mission would be considered complete if all students were to graduate from school with a strong understanding of the importance of savvy money management and were aware of the potential consequences of mismanaging their finances.
What are the organization's key strategies for making this happen?
CARE operates a program that sends volunteer guest speakers and workshop facilitators to high schools, colleges, and youth organizations. It recruits experienced professionals in bankruptcy and other financial services industries to speak directly to young people about the basics of personal finance and its real-world benefits, as well as the consequences of poor money management. The workshops teach basic financial principles in 3 major topic areas: Budgeting and Saving, Credit and Debt, and Student Loans. Each of CARE's presentations can be provided in English and Spanish and include guides for the presenter, note-taking guides for the students, and post-workshop evaluations. The workshops meet the curriculum requirements for the Jump$tart Coalition for Personal Financial Literacy's National K-12 Education Standards for Personal Finance.
The presenters allow questions not only of the materials but also of their professional experiences and occupations, allowing students and youth to get an inside look into the fields of bankruptcy, the credit bureaus, accounting and financial planning. Many of CARE's presenters are sitting U.S. bankruptcy judges, executives in financial service industries, and accountants.
What are the organization's capabilities for doing this?
In 2002, the Credit Abuse Resistance Education program was founded by now-retired U.S. Bankruptcy Judge John C. Ninfo II. When it first started, CARE was an organization coordinated by a single judge speaking to local schools in Rochester, N.Y. Shortly after its founding, CARE quickly spread to other bankruptcy court districts and became a national program under the American Bankruptcy Institute, where it was professionalized and launched as a 501(c)(3) non-profit.
With deep ties to the bankruptcy community through professional organizations such as the American Bankruptcy Institute and the National Conference of Bankruptcy Judges, as well as Judge Ninfo's hard work and reputation, CARE has developed strong relationships within the U.S. bankruptcy court system and has enjoyed a flourishing relationship with a national network of attorneys, trustees and bankruptcy judges.
Recently, CARE has built relationships with other financial service industries and leaders and is working to train those employees as CARE volunteers. Notably, CARE has a strong relationship with TransUnion LLC, one the nation's 3 credit bureaus.
What have they accomplished so far and what's next?
Since 2016, CARE has undergone a number of important and exciting updates. In February 2017, CARE launched a brand-new curriculum to meet current K-12 standards as well as trending needs and examples. It also launched a new website to house its curriculum, act as a hub for program volunteers and increase overall awareness of the CARE program.
In the time since its launch as a 501(c)(3) nonprofit, CARE has doubled the number of its operating chapters, including the addition of 10 new states. CARE currently operates in 27 states, Washington, D.C., and Puerto Rico. It has also created new support and marketing structures for its chapter programs and assigned a national program coordinator.
CARE is looking to grow its operations to include active chapters in all 50 states, D.C. and Puerto Rico. Its goals also include building a formal volunteer metric collection tool and implementing it nationwide, providing additional educational materials to its chapters, and growing its national staff.
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
CREDIT ABUSE RESISTANCE EDUCATION
Board of directorsas of 09/19/2022
Mr. Dan Fisher
ECMC
Term: 2016 - 2023
Rebecca Connelly
U.S. Bankruptcy Court, Western District of Virginia
David Bird
U.S. Bankruptcy Court, District of Delaware
Don Blandin
Investor Protection Trust
Mildred Caban
U.S. Bankruptcy Court, District of Puerto Rico
Patrick Clisham
Engelman Berger, PC
Dennis Dow
U.S. Bankruptcy Court, Western District of Missouri
Allen Guon
Shaw Fishman Glantz & Towbin LLC
Lisa Hertzberg
Lifesmarts
Edward King
Frost Brown Todd LLC
Margaret Mann
U.S. Bankruptcy Court, Southern District of California
Mark McElroy
TransUnion
Catherine McEwen
U.S. Bankruptcy Court, Middle District of Florida
John Ninfo
U.S. Bankruptcy Court, Western District of New York
Karen Overstreet
U.S. Bankruptcy Court, Western District of Washington
Jeff Pomerantz
Pachulski Stang Ziehl & Jones LLP
Joe Schorer
Kirkland & Ellis LLP
Lynn Tavenner
Tavenner & Beran, PLC
Dan Fisher
ECMC Foundation
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
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