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EIN 52-1801566

Education Finance Council (EFC)

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Washington
State
District of Columbia
Year formed
1992
Most recent tax filings
2022-12-01
NTEE code, primary
S41: Promotion of Business
Description
EFC's mission is to expand access to higher education by ensuring the availability of student loan funds while striving to make paying for college easier and less expensive for all students and families.
Total revenues
$1,314,578
2022
Total expenses
$1,248,081
2022
Total assets
$2,242,246
2022
Num. employees
5
2022

Program areas at EFC

Advocating for its state-based and nonprofit members public purpose mission to expand access to postsecondary education and training, facilitate student success, assist students and families in identifying their best sources of education funding, assist individuals with connecting postsecondary education and career outcomes, encourage responsible borrowing, and advocate for and with individuals in support of successful management of their postsecondary education financing.

Personnel at EFC

NameTitleCompensation
Gail da MotaSenior Vice President and Chief Operating Officer
Meghan LustigVice President of Operations and Development
Alex RicciVice President of Government Affairs and Communications
Tara SciortinoVice President of
Debra J ChromyPresident of$137,855
...and 13 more key personnel

Financials for EFC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,307,515
Investment income and dividends$7,063
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,314,578

Form 990s for EFC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-02990View PDF
2021-122022-04-25990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-08-17990View PDF
...and 10 more Form 990s
Data update history
February 18, 2024
Updated personnel
Identified 4 new personnel
August 21, 2023
Updated personnel
Identified 2 new personnel
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsBusiness and community development organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsPolitical advocacy
General information
Address
200 Massachusetts Ave NW Suite 700
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
efc.org/ 
Phone
(202) 955-5510
Twitter profile
@efctweets 
IRS details
EIN
52-1801566
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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