


Debtless, NFP
Financial Services • Chicago, Illinois, United States • 1-10 Employees
Company overview
| Headquarters | Chicago, Illinois, United States |
| Website | |
| NAICS | 52 |
| Founded | 2019 |
| Employees | 1-10 |
Key Contact at Debtless, NFP
Corei Flowers
Program Director
Debtless, NFP Email Formats
Debtless, NFP uses 1 email format. The most common is {first initial}.{last name} (e.g., j.doe@debtlessnfp.org), used 100% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}.{last name} | j.doe@debtlessnfp.org | 100% |
About Debtless, NFP
Debt is considered one of the top factors hindering social and economic advancement. A modest sum of debt that is not able to be paid in full can quickly escalate and hinder an individual’s ability to achieve an adequate standard of living, obtain credit, or purchase a home, among many other serious consequences. Debtless seeks to address this problem created by predatory industries, by purchasing debt from the secondary market and forgiving the debt at no tax consequences to the debtor. We are able to do this as a 501(c)(3) nonprofit that can provide this financial relief as a gift out of “detached and disinterested generosity.” Once we have acquired and forgiven the debts, each impacted debtor is notified that their debt has been eliminated. Once the notice is received, each individual can now take steps to improve their financial status by notifying any necessary creditors of their new debt-free status.
Debtless, NFP revenue & valuation
| Annual revenue | $171,110 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues | $547,552 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Funding Data
Debtless, NFP has never raised funding before.
Debtless, NFP Tech Stack
Discover the technologies and tools that power Debtless, NFP's digital infrastructure, from frameworks to analytics platforms.
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Frequently asked questions
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