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Debt Reduction Services Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Financial Counseling, Money Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.34M (2023)

Expenses
$2.79M (2023)

Total Assets
$1.13M (2023)

Total Liabilities
$1.05M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,344,933
Expenses
$2,785,187
Net Income
-$440,254
Net Assets
$80,106
Notable Sources of Revenue Percent of Total Revenue
Contributions $252,900
10.8%
Program Services $2,092,033
89.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $717,336
25.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,070,559
38.4%
Assets/Debt
Total Assets $1,129,668
Total Liabilities $1,049,562
Net Assets $80,106
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (Ceo) $289,480 $0 $9,760
Mark L Rizkowsky (Chief Compliance Officer) $172,550 $0 $10,837
Cara Steele (President) $153,753 $0 $9,623
Richard J Munster (Secretary) $102,174 $0 $9,159
Randy Siddoway (Director) $0 $0 $0
Daniel Burgett (Director) $0 $0 $0
Andrea Sorensen (Director) $0 $0 $0
Lyle Cook (Director) $0 $0 $0
Christina Mai (Director) $0 $0 $0
Darrin Jaszkowiak (Director) $0 $0 $0
Sue Quint (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,593,429
Expenses
$2,938,233
Net Income
-$344,804
Net Assets
$520,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $267,000
10.3%
Program Services $2,326,429
89.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $754,889
25.7%
Professional Fundraising Fees $0
Other Salaries and Wages $841,258
28.6%
Assets/Debt
Total Assets $2,036,838
Total Liabilities $1,516,478
Net Assets $520,360
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $319,699 $0 $8,549
Mark L Rizkowsky (Chief Compliance Officer) $181,460 $0 $8,479
Cara Steele (Chief Operating Officer) $151,222 $0 $8,479
Todd R Christensen (Education Manager) $106,701 $0 $8,322
Tami Dillon (Secretary) $69,922 $0 $7,079
Randy Siddoway (Board Member) $0 $0 $0
Daniel Burgett (Board Member) $0 $0 $0
Andrea Sorensen (Board Member) $0 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christina Mai (Board Member) $0 $0 $0
Darrin Jaszkowiak (Board Member) $0 $0 $0
Sue Quint (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,505,224
Expenses
$3,078,595
Net Income
$426,629
Net Assets
$906,085
Notable Sources of Revenue Percent of Total Revenue
Contributions $306,904
8.8%
Program Services $3,198,320
91.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $663,148
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,236,775
40.2%
Assets/Debt
Total Assets $2,051,232
Total Liabilities $1,145,147
Net Assets $906,085
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $319,478 $0 $8,749
Mark L Rizkowsky (Chief Complliance Officer) $176,542 $0 $8,679
Cara Steele (Chief Operating Officer) $141,128 $0 $8,805
Randy Siddoway (Board Member) $0 $0 $0
Daniel Burgett (Board Member) $0 $0 $0
Sue Quint (Board Member) $0 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christina Mai (Board Member) $0 $0 $0
Darrin Jaszkowiak (Board Member) $0 $0 $0
Andrea Sorensen (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,644,677
Expenses
$3,740,751
Net Income
-$96,074
Net Assets
$479,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $317,555
8.7%
Program Services $3,327,122
91.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $651,618
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,504,253
40.2%
Assets/Debt
Total Assets $1,573,018
Total Liabilities $1,093,562
Net Assets $479,456
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $320,166 $0 $9,782
Mark L Rizkowsky (Chief Complliance Officer) $174,799 $0 $9,782
Cara Steele (Chief Operating Officer) $129,590 $0 $9,723
Thomas Drechsler (Vice President) $27,083 $0 $382
Randy Siddoway (Board Member) $0 $0 $0
Daniel Burgett (Board Member) $0 $0 $0
Sue Quint (Board Member) $0 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christine Randall (Board Member) $0 $0 $0
Darrin Jaszkowiak (Board Member) $0 $0 $0
Andrea Sorensen (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,919,311
Expenses
$3,900,833
Net Income
$18,478
Net Assets
$575,530
Notable Sources of Revenue Percent of Total Revenue
Contributions $314,162
8.0%
Program Services $3,605,149
92.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $678,211
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,560,189
40.0%
Assets/Debt
Total Assets $1,285,850
Total Liabilities $710,320
Net Assets $575,530
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $307,610 $0 $8,833
Mark L Rizkowsky (Chief Complliance Officer) $162,828 $0 $8,725
Cara Steele (Chief Operating Officer) $117,462 $0 $8,665
Thomas Drechsler (Vice President) $56,530 $0 $7,558
Randy Siddoway (Board Member) $0 $0 $0
Daniel Burgett (Board Member) $0 $0 $0
Toni Sutton (Board Member) $0 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christine Randall (Board Member) $0 $0 $0
Darrin Jaszkowiak (Board Member) $0 $0 $0
Andrea Sorensen (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,148,985
Expenses
$4,102,590
Net Income
$46,395
Net Assets
$557,052
Notable Sources of Revenue Percent of Total Revenue
Contributions $320,301
7.7%
Program Services $3,828,469
92.3%
Investment Income $215
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $523,949
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,696,432
41.4%
Assets/Debt
Total Assets $1,074,665
Total Liabilities $517,613
Net Assets $557,052
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $297,092 $0 $9,282
Mark L Rizkowsky (Chief Compli) $153,038 $0 $8,894
Thomas Drechsler (Vice Preside) $114,352 $0 $8,881
Cara Steele (Chief Operat) $112,505 $0 $8,036
Randy Siddoway (Board Member) $0 $0 $0
Daniel Burgett (Board Member) $0 $0 $0
Toni Sutton (Board Member) $0 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christine Randall (Board Member) $0 $0 $0
Darrin Jaszkowiak (Board Member) $0 $0 $0
Andrea Sorensen (Board Direct) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,261,323
Expenses
$3,980,484
Net Income
$280,839
Net Assets
$510,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $359,132
8.4%
Program Services $3,902,191
91.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $392,555
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,814,312
45.6%
Assets/Debt
Total Assets $1,058,894
Total Liabilities $548,237
Net Assets $510,657
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $271,040 $0 $7,218
Mark L Rizkowsky (H.R. Directo) $142,506 $0 $7,465
Thomas Drechsler (Vice Preside) $121,515 $0 $7,167
Wanda Hetrick Meyer (Board Member) $250 $0 $0
Randy Siddoway (Board Member) $250 $0 $0
Daniel Burgett (Board Member) $250 $0 $0
Toni Sutton (Board Member) $250 $0 $0
Lyle Cook (Board Member) $250 $0 $0
Christine Randall (Board Member) $250 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,237,045
Expenses
$3,966,240
Net Income
$270,805
Net Assets
$229,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $497,831
11.7%
Program Services $3,739,214
88.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $383,939
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,766,610
44.5%
Assets/Debt
Total Assets $987,388
Total Liabilities $757,570
Net Assets $229,818
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $269,165 $0 $6,954
Mark L Rizkowsky (H.R. Directo) $140,224 $0 $6,720
Thomas Drechsler (Vice Preside) $113,024 $0 $6,934
Thomas Smith (Board Member) $250 $0 $0
Wanda Hetrick Meyer (Board Member) $250 $0 $0
Randy Siddoway (Board Member) $250 $0 $0
Daniel Burgett (Board Member) $250 $0 $0
Toni Sutton (Board Member) $250 $0 $0
Lyle Cook (Board Member) $250 $0 $0
Christine Randall (Board Member) $250 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,244,667
Expenses
$4,424,115
Net Income
-$179,448
Net Assets
-$40,987
Notable Sources of Revenue Percent of Total Revenue
Contributions $551,718
13.0%
Program Services $3,692,949
87.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $579,234
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,952,897
44.1%
Assets/Debt
Total Assets $859,212
Total Liabilities $900,199
Net Assets -$40,987
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $334,402 $0 $6,862
Thomas Drechsler (Vice Preside) $243,582 $0 $6,830
Mark L Rizkowsky (H.R. Directo) $139,175 $0 $0
Thomas Smith (Board Member) $250 $0 $0
Wanda Hetrick Meyer (Board Member) $250 $0 $0
Randy Siddoway (Board Member) $250 $0 $0
Daniel Burgett (Board Member) $250 $0 $0
Toni Sutton (Board Member) $250 $0 $0
Lyle Cook (Board Member) $0 $0 $0
Christine Randall (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,800,083
Expenses
$5,307,386
Net Income
-$507,303
Net Assets
$138,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $655,471
13.7%
Program Services $4,144,612
86.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $590,961
11.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,085,548
39.3%
Assets/Debt
Total Assets $1,110,151
Total Liabilities $971,690
Net Assets $138,461
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $332,500 $0 $6,224
Thomas Drechsler (Vice Preside) $257,211 $0 $6,224
Mark L Rizkowsky (H.R. Directo) $129,521 $0 $6,413
Thomas Smith (Member) $250 $0 $0
Wanda Hetrick Meyer (Member) $250 $0 $0
Randy Siddoway (Member) $250 $0 $0
Daniel Burgett (Member) $250 $0 $0
Toni Sutton (Member) $250 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,358,050
Expenses
$5,092,919
Net Income
$265,131
Net Assets
$645,764
Notable Sources of Revenue Percent of Total Revenue
Contributions $712,261
13.3%
Program Services $4,645,789
86.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $591,599
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,036,492
40.0%
Assets/Debt
Total Assets $1,415,967
Total Liabilities $770,203
Net Assets $645,764
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph T Cestaro (President) $332,500 $0 $5,975
Thomas Drechsler (Vice Preside) $257,849 $0 $4,789
Mark L Rizkowsky (H.R. Directo) $123,280 $0 $5,600
Thomas Smith (Member) $250 $0 $0
Wanda Hetrick Meyer (Member) $250 $0 $0
Randy Siddoway (Member) $250 $0 $0
Daniel Burgett (Member) $250 $0 $0
Toni Sutton (Member) $250 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,218,278
Expenses
$4,966,523
Net Income
$251,755
Net Assets
$380,633
Notable Sources of Revenue Percent of Total Revenue
Contributions $621,043
11.9%
Program Services $4,597,235
88.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $601,250
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,984,708
40.0%
Assets/Debt
Total Assets $1,195,569
Total Liabilities $814,936
Net Assets $380,633

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,669,601
Expenses
$4,946,025
Net Income
-$276,424
Net Assets
$128,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $485,108
10.4%
Program Services $4,184,430
89.6%
Investment Income $63
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $596,637
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,976,998
40.0%
Assets/Debt
Total Assets $953,664
Total Liabilities $824,786
Net Assets $128,878

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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