Association Of Fundraising Professionals
- Assets
- $462.9k
- Revenue
- $209.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1987
- Data as of
- 12/2021
- EIN
- 13-2998061
Organization Overview
Association Of Fundraising Professionals is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Association Of Fundraising Professionals is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Association Of Fundraising Professionals generated $209.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $312.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON PROFESSIONAL INTERESTS OF ASSOCIATION OF FUNDRAISING PROFESSIONALS MEMBERS THROUGH NONPROFIT ACTIVITIES INCLUDING, BUT NOT LIMITED TO, EDUCATION, TRAINING, MEETINGS, WORKSHOPS, PUBLICATIONS AND OTHER RELEVANT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM - THE CHAPTER OFFERS A YEAR-ROUND SERIES OF EDUCATIONAL WORKSHOPS, PRESENTATIONS, AND NETWORKING OPPORTUNITIES TO PROMOTE THE PROFESSIONAL DEVELOPMENT OF OUR MEMBERS AND OTHER FUNDRAISING PROFESSIONALS IN THE GREATER NEW YORK AREA. THE CHAPTER'S ANNUAL MEETING, ATTENDED BY APPROXIMATELY 200 IN JANUARY, IS A STATE OF THE INDUSTRY EVENT WITH A PANEL OF EXPERTS SHARING INSIGHTS FOR THE COMING YEAR. THE PROFESSIONAL ADVANCEMENT SERIES OF EDUCATIONAL EVENTS ATTRACTS FUNDRAISERS AND CONSULTANTS TO THE INDUSTRY FOR MORNING SESSIONS APPROXIMATELY 8X/YEAR. THE EMERGING LEADERS GROUP OFFERS NETWORKING EVENTS THAT FACILITATE CONNECTIONS BETWEEN THOSE NEW TO THE PROFESSION AND THOSE WITH MORE EXPERTISE AND EXPERIENCE FOR THE BENEFIT OF ALL.
ANNUAL CONFERENCE - THE NEW YORK CITY CHAPTER OF THE ASSOCIATION OF FUNDRAISING PROFESSIONALS FOR PHILANTHROCON, THE GO-TO EVENT FOR THE MOST CREATIVE AND CURRENT IDEAS IN FUNDRAISING! VIRTUALLY CONNECT WITH EXPERTS FROM ACROSS MULTIPLE FUNDRAISING DISCIPLINES FOR INTERACTIVE 45-MINUTE SESSIONS ON A VARIETY OF TOPICS, INCLUDING DIRECT RESPONSE, MAJOR GIFTS, PLANNED GIVING, MARKETING, AND MORE. THE DAY INCLUDES EDUCATIONAL TRACKS WITH CFRE CREDITS WITH TOP-NOTCH SPEAKERS AND PANELISTS FOR THE NONPROFIT COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Jacobson President | OfficerTrustee | 2 | $0 |
Jill Scibilia Cfre President-Elect | OfficerTrustee | 2 | $0 |
Craig Shelley Treasurer | OfficerTrustee | 2 | $0 |
Michele Hall-Duncan Secretary | OfficerTrustee | 2 | $0 |
Gary Laermer Immediate Past President | OfficerTrustee | 2 | $0 |
Veronica Bainbridge Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reading Enterprises Event Management | 12/30/19 | $112,412 |
Kellen Management Services | 12/30/19 | $273,869 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $200,961 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $200,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,500 |
| Advertising and promotion | $0 |
| Office expenses | $9,526 |
| Information technology | $899 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,051 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,666 |
| Insurance | $0 |
| All other expenses | $1,300 |
| Total functional expenses | $312,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,629 |
| Savings and temporary cash investments | $350,481 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,722 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,421 |
| Net Land, buildings, and equipment | $6,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $462,920 |
| Accounts payable and accrued expenses | $1,003 |
| Grants payable | $0 |
| Deferred revenue | $19,291 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,294 |
| Net assets without donor restrictions | $442,626 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $462,920 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philanthropy New York Inc New York, NY | $10,485,290 | $4,060,793 |
Grantmakers In The Arts Bronx, NY | $3,825,984 | $2,308,802 |
New England Health Care Emp Union & Ct Nursing Hm Traing & Upgd Fnd Hartford, CT | $1,960,905 | $2,104,080 |
Western New York Grantmakers Association Inc Syracuse, NY | $1,728,088 | $1,086,609 |
Foundation Financial Officers Group Inc Mt Royal, NJ | $1,027,476 | $966,195 |
National Association Of Corporate Directors Boston, MA | $1,367,793 | $869,422 |
Massachusetts Charitable Mechanic Association Quincy, MA | $4,186,500 | $833,377 |
University Associates Philanthropic Foundation Inc New York, NY | $31,741 | $11,696 |
New York Medical College Voluntary Employees Beneficiary Association Pittsburgh, PA | $4,020,995 | $563,233 |
Long Island Networking Elite Inc Huntington, NY | $42,869 | $337,964 |
Association Of Fundraising Professionals New York, NY | $462,920 | $209,001 |
Saranac Lake Voluntary Health Association Inc Saranac Lake, NY | $2,884,234 | $339,547 |