Association For Education Finance And Policy Inc
- Assets
- $1.1m
- Revenue
- $658.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Sparks, NV
- Founding
- 03/1979
- Data as of
- 12/2023
- EIN
- 58-1350874
Organization Overview
Association For Education Finance And Policy Inc, operating under the name Assoc For Education Finance &policy, is located in Sparks, NV. The organization was established in 1979. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2023, Assoc For Education Finance &policy employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assoc For Education Finance &policy 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, Assoc For Education Finance &policy generated $658.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $520.0k during the year ending 12/2023. While expenses have increased by 5.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AEFP'S SIGNIFICANT ACTIVITIES COMPRISE HOLDING AN ANNUAL CONFERENCE DURING THE SPRING AND PUBLISHING A QUARTERLY JOURNAL, EDUCATION FINANCE AND POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORE THAN 600 CONFERENCE PARTICIPANTS CONDUCT RESEARCH IN P-20 EDUCATION FINANCE AND POLICY, PRESENTED AT THE ANNUAL CONFERENCE. THESE RESEARCHERS MAY BE POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL AGENCIES, IN TEACHER ASSOCIATIONS, AT UNIVERSITIES, THINK TANKS, AND NON PROFITS WORKING AS EDUCATORS, ECONOMISTS, POLITICAL SCIENTISTS, PUBLIC ADMINISTRATORS AND HIGHER EDUCATION FACULTY IN THOSE FIELDS. TOPIC AREAS ARE EDUCATOR LABOR MARKETS AND EFFECTIVENESS, SCHOOL EFFECTIVENESS, AND SCHOOL FINANCE. THE RELATIVELY SMALL SIZE OF THE CONFERENCE ALLOWS FOR AND ACTIVELY ENCOURAGES MEANINGFUL AND COLLEGIAL ENGAGEMENT FOR ALL ITS ATTENDEES, REGARDLESS OF CAREER PATHS, SENIORITY, ETC. THE CONFERENCE IS AEFR'S PRIMARY MODE OF ENGAGEMENT, INCLUDING A PLENARY TO PROVIDE ANOTHER OPPORTUNITY FOR MEMBERS TO INTERACT AND VISIT OUTSIDE OF PAPER SESSIONS.
AEFP PUBLISHES THROUGH MIT PRESS A QUARTERLY JOURNAL, EDUCATION FINANCE & POLICY, FOR ITS MEMBERS AND TO UNIVERSITY LIBRARIES, FOUNDED IN 2005-2006. AEFP HAS HAD A LONG STANDING EXTERNAL SUPPORT GRANT TO AID EXPENSES AS THE JOURNAL DEVELOPS. SINCE 2013, THE FIRST YEAR THAT THE JOURNAL RECEIVED AN IMPACT FACTOR, THE FACTOR HAS BEEN STEADILY INCREASING.
AEFP PROVIDES TRAVEL GRANTS, OUTSTANDING DISSERTATION AWARDS AND RESEARCH GRANTS TO GRADUATE STUDENTS AND EARLY CAREER SCHOLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Herman Executive Di | Officer | 40 | $40,880 |
Anjali Aduka Board Member | Trustee | 1 | $0 |
Tommaso Agasisti Board Member | Trustee | 1 | $0 |
Kyle Arnone Board Member | Trustee | 1 | $0 |
Rachel Baker Board Member | Trustee | 1 | $0 |
Richard Bowman Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $114,502 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $358,685 |
| Total Program Service Revenue | $298,259 |
| Investment income | $210 |
| 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 | $658,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,410 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,880 |
| Compensation of current officers, directors, key employees. | $40,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,336 |
| Pension plan accruals and contributions | $1,120 |
| Other employee benefits | $6,586 |
| Payroll taxes | $5,661 |
| Fees for services: Management | $19,417 |
| Fees for services: Legal | $3,038 |
| Fees for services: Accounting | $11,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,668 |
| Advertising and promotion | $0 |
| Office expenses | $3,419 |
| Information technology | $14,657 |
| Royalties | $0 |
| Occupancy | $1,931 |
| Travel | $10,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,251 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,578 |
| All other expenses | $0 |
| Total functional expenses | $520,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $799,251 |
| Savings and temporary cash investments | $254,409 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $1,063,660 |
| Accounts payable and accrued expenses | $14,968 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $14,968 |
| Net assets without donor restrictions | $1,048,692 |
| 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 | $1,063,660 |