ASSOCIATION FOR EDUCATION FINANCE & POLICY Charity Report

Public IRS 990 nonprofit record

ASSOCIATION FOR EDUCATION FINANCE & POLICY

EIN 58-1350874 · Arts, Culture & Humanities (A)

What they do

THE ASSOCIATION for EDUCATION FINANCE and POLICY (AEFP) is DEDICATED to THE PROMOTION of RESEARCH and PARTNERSHIPS THAT CAN INFORM EDUCATION POLICY and FINANCE and IMPROVE EDUCATION OUTCOMES. THE AEFP PROMOTES ITS MISSION BY: ENCOURAGING INTELLECTUALLY RIGOROUS EDUCATION FINANCE and POLICY-RELATED INQUIRY and SCHOLARSHIP CAPABLE of IMPROVING UNDERSTANDING and PRACTICE. DISSEMINATING THEORETICAL and PRACTICALLY USEFUL KNOWLEDGE. STIMULATING RESPONSIBLE PUBLIC and PROFESSIONAL DELIBERATION and DEBATE REGARDING FINDINGS, PRACTICAL POLICY APPLICATIONS, and RESEARCH METHODS. EXPANDING THE SPECTRUM of SCHOLARS and PRACTITIONERS FROM MULTIPLE INTELLECTUAL DISCIPLINES and PROFESSIONAL FIELDS EXAMINING EDUCATION FINANCE and POLICY. WELCOMING EARLY CAREER SCHOLARS and PRACTITIONERS INTO CONVERSATIONS ABOUT EDUCATION FINANCE and POLICY and FOSTERING AN ATMOSPHERE of INCLUSION and RESPECT. CENTERING JUSTICE, EQUITY, DIVERSITY, and INCLUSION IN THE WORK of THE ORGANIZATION to ENSURE THAT ALL VOICES

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.86%of revenue went to mission work86.9% of expenses · Program services

1.29%of revenue went to fundraising1.0% of expenses

$122.98spent for every $100 of revenueSpending was higher than revenue this year.

14.83%of revenue went to management and office costs12.1% of expenses

$1.50in assets for every $1 spent this yearSome assets cannot be spent right away.

31.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $118,253 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $112,001 for ROBERTA HERMAN (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$514,646

Mission workProgram services$549,960106.86% of revenue86.9% of expenses

ManagementOffice and general costs$76,31914.83% of revenue12.1% of expenses

FundraisingAsking for donations$6,6201.29% of revenue1.0% of expenses

Total expenses$632,899122.98% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.9% mission · 12.1% management · 1.0% fundraisingTotal expenses: 122.98% of revenue

2023Expense mix: 71.9% mission · 28.1% management · 0.0% fundraisingTotal expenses: 78.98% of revenue

2022Expense mix: 70.8% mission · 29.2% management · 0.0% fundraisingTotal expenses: 82.58% of revenue

2021Expense mix: 55.6% mission · 44.4% management · 0.0% fundraisingTotal expenses: 46.47% of revenue

2020Expense mix: 75.5% mission · 23.7% management · 0.9% fundraisingTotal expenses: 55.45% of revenue

2019Expense mix: 78.3% mission · 21.0% management · 0.7% fundraisingTotal expenses: 91.01% of revenue

2018Expense mix: 82.5% mission · 17.0% management · 0.5% fundraisingTotal expenses: 71.64% of revenue

2017Expense mix: 83.6% mission · 15.9% management · 0.5% fundraisingTotal expenses: 86.12% of revenue

Money in and money out

Revenue$514,646

Expenses$632,899

Annual shortfall $118,253 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$549,960 · 86.9% of expenses

Management and office costs$76,319 · 12.1% of expenses

Fundraising$6,620 · 1.0% of expenses

See all reported dollar amounts

Revenue$514,646

Expenses$632,899

Assets$946,610

Income$514,646

Contributions$163,005

Mission work (program services)$549,960

Fundraising$6,620

Management and general$76,319

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERTA HERMANEXECUTIVE DI · 40 hrs/week $112,001Base $108,640 · Other $3,361

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

ROBERTA HERMANEXECUTIVE DI

LUCY SORENSENBOARD MEMBER

TOMMASO AGASISTIBOARD MEMBER

TOLANI BRITTONBOARD MEMBER

TINA COLLINSBOARD MEMBER

STACEY PELIKABOARD MEMBER

SHANNA RICKETTSBOARD MEMBER

RICHARD BOWMANTREASURER

RACHEL BAKERBOARD MEMBER

MICHAL KURLAENDERPRESIDENT-EL

MATTHEW DUQUEBOARD MEMBER

ANDREW JONESBOARD MEMBER

KYLE ARNONEBOARD MEMBER

KRYSTAFER REDDENBOARD MEMBER

JOSHUA GOODMANBOARD MEMBER

JON VALANTBOARD MEMBER

GEMA ZAMARROBOARD MEMBER

ERICKA WEATHERSBOARD MEMBER

CARA JACKSONPRESIDENT

BRENDAN BARTANENBOARD MEMBER

BETH SCHUELERBOARD MEMBER

AYESHA HASHIMBOARD MEMBER

About this charity

Recognized since: January 1979
Location: 243 RIDGE MCINTIRE RD 1083, CHARLOTTESVILLE, VA 22903-5043
County: Washoe
In care of: % KATHERINE GRACE KEGLEY
Primary officer: RICHARD BOWMAN, TREASURER

How to reach them

WebsiteVisit the charity’s website EmailJeffrey.stafford@opuspartners.net Phone(775) 453-4080 Officer phone(602) 644-1521

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JBS & COMPANY LLC
NTEE classification: Arts, Culture & Humanities (A)
IRS tax category: Arts, Culture & Humanities