Financial Planning Association
- Assets
- $50.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 09/2000
- Data as of
- 12/2020
- EIN
- 11-3544100
Organization Overview
Financial Planning Association is located in Woodbury, NY. The organization was established in 2000. According to its NTEE Classification (P03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Financial Planning Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Financial Planning Association generated $57.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $84.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Sanders Treasurer | 5 | $0 | |
Craig Ferrantino President | 2 | $0 | |
John A Baldi Director | 5 | $0 | |
Lawrence Sangirardi Director | 5 | $0 | |
Michelle K Blair Secretary | 2 | $0 | |
Stephen Conroy Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,288 |
| Membership dues | $11,389 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,100 |
| Other Revenue | $259 |
| Total Revenue | $57,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,695 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,880 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,529 |
| Total expenses | $84,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,816 |
| Other assets | $0 |
| Total assets | $50,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,584 |
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