irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $176KCOACHING & COUNSELING The organization provides individualized coaching and counseling services to individuals and families experiencing financial stress or personal hardship. Services include structured goal-setting, budgeting guidance, crisis planning, and accountability support designed to promote long-term financial stability and personal well-being. Participants are typically low- to moderate-income individuals facing financial instability or transitional life circumstances. The program emphasizes education, behavior change, and sustainable financial practices to help participants achieve greater independence and stability.
- #2 $75KFINANCIAL COUNSELING The organization offers direct financial counseling services to individuals and families with limited income or experiencing economic hardship. Services include budget development, debt management planning, credit review, savings strategies, and financial literacy education. Counseling is provided through one-on-one sessions and structured financial action plans. The program is designed to improve financial capability, prevent crisis situations, and support long-term economic self-sufficiency.
named programs · 5 · from sources
What they call their work
CK Academy
Financial literacy platform for newlyweds and young families, currently in early rollout, focused on education and prevention of financial instability
Kosher Debt Help
Specialized credit card debt reduction program for the Jewish community that provides personalized debt-free planning, balance transfers, and financial coaching to reduce interest rates and eliminate debt
Shluchim Thrive
Wraparound financial and emotional support program for Jewish community outreach leaders (shluchim), providing tailored assistance to maintain stability and dignity
The Right Bet
Gambling addiction awareness initiative that supports individuals and families affected by gambling, measuring outcomes in months of sobriety and financial recovery
Wraparound Case Management
Comprehensive support for Jewish families in financial distress, combining financial counseling, debt management, budgeting, therapy, and job placement through a coordinated team of specialists
activities · 3 groups
What they do
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Financial Coaching and Credit Counseling 3 activities
- Operates financial intervention programs that reduce client debt and interest costsThrough the Kosher Debt Help program, provides debt-reduction support that has saved clients $1,791,763 in credit card interest, with an average savings of $9,465 in the first year of intervention. Clients also achieved an average monthly net gain of $896 at offboarding.
- Provides individualized financial coaching and counseling to low-income familiesOffers personalized financial coaching, budgeting guidance, debt management planning, credit review, and financial literacy education to individuals and families with household income at or below 80% of the area median income. Services include goal-setting, crisis planning, and accountability support, delivered through a multidisciplinary team over six to nine months.
- Provides wraparound case management for financial stabilizationDelivers intensive, coordinated case management and debt counseling to Jewish families seeking financial stability, including the development of a personalized financial recovery plan within seven days of intake. The program served 290 families, with over 80% achieving positive monthly net cash flow by program end.
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First-Time Homebuyer Support Services 1 activity
- Delivers mortgage assistance to prevent foreclosure for low-income homeownersProvides direct financial support and counseling to homeowners at risk of foreclosure due to temporary financial setbacks, requiring household income at or below 80% of area median income and a demonstrated ability to resume payments within 3–6 months.
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Financial Literacy Education Programs 1 activity
- Offers an 8-lesson financial education course for newly married couplesProvides an eight-lesson financial education program covering budgeting, compound interest, debt management, and major financial decisions, with one-on-one counselor guidance via WhatsApp, lifetime access to materials, and a full refund upon completion. The course includes one hour of video content and real worksheets, designed to be completed within one week.
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financials · form 990 · fy2025
revenue
Total revenue$989K
Contributions & grants$989K100%
Program service revenue$00%
Investment income$30%
Other revenue$0
expenses
Total expenses$739K
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$137K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$260K
Cash$196K
Investments$0
Liabilities$255
Net assets$260K
Liquid reserves3.2 mo
2 years on record · 2024–2025 · YoY revenue +107.5%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| SHALOM GOODMAN | CEO | 0 | $90K |
relationships · 25
Who they work with
- Achiezer Partner — Partner organization working with Collective Kindness to deliver emergency and long-term financial assistance
- Chabad Shluchim Partner — Provides specialized financial support and education programs for Chabad Shluchim families through the Shluchim Thrive initiative.
- Community Chest Partner — Partner organization supporting Collective Kindness's work.
- Crown Heights JCC Partner — Partner organization collaborating with Collective Kindness to serve Jewish families in financial crisis
- DCA25E Partner — Partner organization supporting Collective Kindness's work.
- Feeding America Network — Member of national food bank network
- Florida Ozer Center Partner — Partner organization collaborating with Collective Kindness to serve Jewish families in financial distress
- FreeLoan Partner — Partner organization supporting Collective Kindness's work.
- Google Partner — Enables account access through Google authentication for course users.
- Hebrew Free Loan Society Partner — Partner organization working with Collective Kindness to provide financial support services
- JUF Chicago Partner — Partner organization collaborating with Collective Kindness to support Jewish families in financial need
- Kosher Debt Help Partner — Refers families dealing primarily with credit card debt to Kosher Debt Help for nonprofit debt guidance.
- LRR Center Partner — Partner organization providing financial counseling and support in partnership with Collective Kindness
- Living Smarter Jewish Partner — Partner organization collaborating on financial education and coaching for Shluchim.
- Living Smarter Jewish Partner — Partner organization working with Collective Kindness to promote financial literacy and stability
- Merkos 302 Partner — Partner organization collaborating with Collective Kindness to expand access to financial recovery services
- Mesila Partner — Partner organization providing financial guidance and support in partnership with Collective Kindness
- Ozer Partner — Partner organization supporting Collective Kindness's work.
- REEF NJ Partner — Partner organization working with Collective Kindness to provide community-based financial support services
- Rambam Network — Philosophically aligned with the Rambam's highest level of tzedakah, which emphasizes empowering individuals to become self-reliant.
- Sister to Sister Network Partner — Partner organization collaborating with Collective Kindness to support families through peer-based financial assistance
- Stripe Government — Processes payments for the course; handles all card details securely
- The Ark Chicago Partner — Partner organization working with Collective Kindness to support Jewish families facing financial hardship
- The Mitzva Fund Partner — Partner organization supporting Collective Kindness's work.
- Walder Foundation Partner — Partner organization supporting Collective Kindness's work.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Client-Aligned, Agenda-Free Debt Reductionmethodology: client_aligned_debt_reductionBy using a transparent, non-commissioned approach to credit card debt reduction, we help clients achieve the lowest-cost path to debt freedom because removing financial product sales eliminates conflicts of interest and aligns support with client outcomes.
- Culturally Resonant Financial Empowermentmethodology: culturally_resonant_financial_educationBy grounding financial education and planning in Jewish values and rhythms, we increase adherence and behavior change because culturally integrated tools bridge the gap between belief and financial action.
- Hand-Up, Not Handout: Financial Self-Sufficiency Through Education and Partnershipmethodology: fortify-without-dependencyBy combining financial assistance with education, coaching, and long-term partnership, we produce sustainable financial independence because individuals gain the tools and behaviors needed to avoid dependency on aid—aligned with the Rambam's highest level of tzedakah.
- Integrated Financial and Emotional Health via Wraparound Supportmethodology: integrated_financial_emotional_healthBy addressing financial and emotional health simultaneously through multidisciplinary, client-centered case management, we achieve sustainable stability because financial recovery is interdependent with emotional well-being.
- Preventive Financial Education to Avert Crisismethodology: prevention-not-interventionBy delivering early, culturally integrated financial education, we prevent financial crises because equipping individuals and couples with practical tools before hardship occurs builds long-term resilience more effectively than reactive intervention.