Government Finance Officers Assn
- Assets
- $306.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 04/1989
- Data as of
- 03/2023
- EIN
- 63-0944108
Organization Overview
Government Finance Officers Assn is located in Montgomery, AL. The organization was established in 1989. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Government Finance Officers Assn 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 03/2023, Government Finance Officers Assn generated $183.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $137.3k during the year ending 03/2023. While expenses have increased by 0.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE GOALS OF THE ORGANIZATION ARE ACHIEVED THROUGH THE PROVISION OF SPECIFIC TRAINING PROGRAMS FOCUSED ON THE METHODOLOGY AND FORMAT OF THE GOVERNMENT ACCOUNTING SYSTEM. THE ORGANIZATION SPONSORS THREE GOVERNMENT TRAINING CONFERENCES PROVIDING A MINIMUM OF 48 CONTINUING EDUCATION CREDITS ANNUALLY TO PARTICIPANTS. IN ADDITION, SPECIFIC TRAINING COURSES ARE OFFERED TO IMPROVE PROFESSIONAL, ADMINISTRATIVE, AND FISCAL SKILLS OF QUALIFIED CANDIDATES THROUGH THE CERTIFIED GOVERNMENT ACCOUNTING TECHNICHIAN PROGRAM WITH COURSE OFFERINGS THROUGHOUT THE YEAR. ANNUALLY, THE ORGANIZATION AWARDS SCHOLARSHIPS TO COLLEGE UNDERGRADUATES AND GRADUATE STUDENTS TO PROMOTE CAREERS IN GOVERNMENT FINANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vita Smith-Parker President | 8 | $0 | |
Ford Handley First Vice President | 2 | $0 | |
Candace Moore Second Vice President | 3 | $0 | |
Robert Averhart III Treasurer | 3 | $0 | |
Ann H Murphy Secretary | 5 | $0 | |
Ryan Miller Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $120,443 |
| Membership dues | $60,698 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,821 |
| Total Revenue | $182,962 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $103,758 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,978 |
| Other expenses | $9,335 |
| Total expenses | $137,346 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,816 |
| Other assets | $0 |
| Total assets | $306,816 |
| Total liabilities | $0 |
| Net assets or fund balances | $306,816 |