American Association Of Family And Consumer Sciences
- Assets
- $9.7m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Alexandria, VA
- Founding
- 03/1931
- Data as of
- 12/2023
- EIN
- 53-0025870
Organization Overview
American Association Of Family And Consumer Sciences, operating under the name Aafcs, is located in Alexandria, VA. The organization was established in 1931. According to its NTEE Classification (K50) the organization is classified as: Home Economics, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Aafcs employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Aafcs 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, Aafcs generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. 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 SCHEDULE O.
Describe the Organization's Program Activity:
PROFESSIONAL DEVELOPMENT: THE AAFCS DELIVERED PROFESSIONAL DEVELOPMENT TO FAMILY AND CONSUMER SCIENCES STUDENTS AND PROFESSIONALS WORKING AT ACADEMIC INSTITUTIONS AT EARLY CHILDHOOD, ELEMENTARY, SECONDARY, AND HIGHER EDUCATION LOCATIONS, IN COMMUNITY EDUCATION AND HEALTH AND HUMAN SERVICES, AND FOR BUSINESS AND INDUSTRY AND GOVERNMENT. AAFCS ALSO PROVIDED EDUCATION ON ISSUES AFFECTING INDIVIDUALS, FAMILIES, AND COMMUNITIES AND ON FAMILY AND CONSUMER SCIENCES THROUGH OUR ANNUAL CONFERENCE, FALL LEADERSHIP WORKSHOP, AND THROUGH ONLINE VIRTUAL PROFESSIONAL DEVELOPMENT WEBINARS, ARTICLES, WHITE PAPERS AND OTHER DOWNLOADABLE MATERIALS. MANY OF OUR DOWNLOADABLE MATERIALS WERE MADE FREE TO DOWNLOAD ON OUR WEBSITE, INCREASING THEIR IMPACT ON COMMUNITIES.
OTHER
MEMBER SERVICES: AAFCS PUBLISHED THE JOURNAL OF FAMILY & CONSUMER SCIENCES (JFCS) AND THE FAMILY AND CONSUMER SCIENCES RESEARCH JOURNAL (FCSRJ); ISSUED OVER $40,000 IN AWARDS AND GRANTS TO FAMILY AND CONSUMER SCIENCES STUDENTS AND PROFESSIONALS, PROVIDED TRAINING AND RESOURCES TO MEMBERS AND STATE AFFILIATES TO SUPPORT THE MISSION OF THE ASSOCIATION; AND LAUNCHED A MEMBERSHIP ADVOCACY PROGRAM TO TRAIN TOMORROWS LEADERS IN ADVOCACY.
THE AAFCS CREDENTIALING PROGRAM INCLUDES ACCREDITATION OF UNDERGRADUATE FAMILY AND CONSUMER SCIENCES PROGRAMS AND THE CERTIFICATION OF FAMILY AND CONSUMER SCIENCES PRE-PROFESSIONALS AND PROFESSIONALS. IN 2023, AAFCS CERTIFIED 1,221 FCS PROFESSIONALS; THUS, CONFIRMING THEIR COMPETENCE IN FIVE CONTENT AREAS. AAFCS ISSUED 8,888 PRE-PROFESSIONAL CERTIFICATIONS TO PRE-PROFESSIONALS WITHIN SECONDARY AND POST-SECONDARY INSTITUTIONS THROUGH ITS COMPETENCY-BASED ASSESSMENT AND INDUSTRY-RECOGNIZED CREDENTIALING PROGRAM. A TOTAL OF THIRTY (30) FAMILY AND CONSUMER SCIENCES UNITS WITHIN COLLEGES AND UNIVERSITIES MET THE QUALITY STANDARDS ESTABLISHED BY THE COUNCIL FOR ACCREDITATION TO MAINTAIN AAFCS ACCREDITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Myers Managing Director | 40 | $103,588 | |
Nancy Bock Executive Director | Officer | 40 | $55,601 |
Karin Athanas Executive Director | Officer | 40 | $42,135 |
Margaret Jenkins Director-At-Large | Trustee | 5 | $0 |
Landon Calderwood Director-At-Large | Trustee | 5 | $0 |
Sharon Pate Director-At-Large | Trustee | 5 | $0 |
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 | $154,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,614 |
| Total Program Service Revenue | $1,100,890 |
| Investment income | $238,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $39,305 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $463,802 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,023,635 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,184 |
| Grants and other assistance to domestic individuals. | $5,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,736 |
| Compensation of current officers, directors, key employees. | $24,042 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $399,599 |
| Pension plan accruals and contributions | $29,118 |
| Other employee benefits | $24,727 |
| Payroll taxes | $43,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,850 |
| Fees for services: Accounting | $140,838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,816 |
| Fees for services: Other | $219,954 |
| Advertising and promotion | $5,730 |
| Office expenses | $109,299 |
| Information technology | $117,867 |
| Royalties | $0 |
| Occupancy | $14,495 |
| Travel | $46,260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169,981 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,767 |
| Insurance | $9,945 |
| All other expenses | $0 |
| Total functional expenses | $1,621,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,440 |
| 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 | $33,464 |
| Net Land, buildings, and equipment | $6,890 |
| Investments—publicly traded securities | $9,157,670 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,662,162 |
| Accounts payable and accrued expenses | $140,105 |
| Grants payable | $0 |
| Deferred revenue | $129,926 |
| 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 | $9,013 |
| Total liabilities | $279,044 |
| Net assets without donor restrictions | $6,738,944 |
| Net assets with donor restrictions | $2,644,174 |
| 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 | $9,662,162 |
Grants Awarded
Over the last fiscal year, American Association Of Family And Consumer Sciences has awarded $20,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY PURPOSE: Task Force for Program Advancement Grant | $10,000 |
DRAKE UNIVERSITY PURPOSE: Jewell Taylor Fellowship | $5,000 |
OKLAHOMA STATE UNIVERSITY PURPOSE: Jewell Taylor Fellowship | $5,000 |