Association Of Fundraising Professionals is located in Washington, DC. The organization was established in 1987. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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 12/2023, Association Of Fundraising Professionals generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 24.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
EDUCATION PROGRAMS: CONFERENCE AND WORKSHOPS THAT FOSTER THE PROFESSIONAL DEVELOPMENT OF FUNDRAISING.
MEMBERSHIP SERVICES: PUBLISH A MONTHLY E-NEWSLETTER TO KEEP MEMBERS INFORMED AND NETWORKING OPPORTUNITIES FOR OVER 1,000 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Yeghiayan President | OfficerTrustee | 3 | $0 |
Kris Kuhns President Elect | OfficerTrustee | 3 | $0 |
Audrey M Johnson Cfre Immediate Past President | OfficerTrustee | 3 | $0 |
Victoria Dietz Treasurer/secretary | OfficerTrustee | 3 | $0 |
Heather Sherman Vice President, Governance | OfficerTrustee | 3 | $0 |
Sarah Miller Vice President, Membership | OfficerTrustee | 3 | $0 |
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 | $7,892 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,892 |
Total Program Service Revenue | $2,442,164 |
Investment income | $3,741 |
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 | $2,465,168 |
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 | $220,037 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,659 |
Advertising and promotion | $2,850 |
Office expenses | $6,182 |
Information technology | $8,026 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,813 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,004,000 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $512 |
Total functional expenses | $2,277,999 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $473,690 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $176,473 |
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 | $43,240 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $107,673 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,314 |
Total assets | $1,003,390 |
Accounts payable and accrued expenses | $29,141 |
Grants payable | $0 |
Deferred revenue | $101,852 |
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 | $68,708 |
Total liabilities | $199,701 |
Net assets without donor restrictions | $803,689 |
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 | $1,003,390 |