SOUTHERN ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS Charity Report

Public IRS 990 nonprofit record

SOUTHERN ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

EIN 58-1575818 · Community Improvement & Capacity Building (S41Z)

What they do

THE SOUTHERN ASSOCIATION of STUDENT FINANCIAL AID ADMINISTRATORS (SASFAA) is AN ORGANIZATION DEDICATED to ASSISTING STUDENTS, PARENTS, INSTITUTIONS and AGENCIES WITH THE DISSEMINATION of INFORMATION RELATED to THE DISTRIBUTION of FINANCIAL AID. WE REPRESENT NINE SOUTHERN STATES - ALABAMA, FLORIDA, GEORGIA, KENTUCKY, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE and VIRGINIA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.60 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 leaders28 people are listed in the latest report.

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

Money made simple

82.21%of revenue went to mission work89.6% of expenses · Program services

$91.72spent for every $100 of revenueRevenue covered expenses this year.

9.51%of revenue went to management and office costs10.4% of expenses

$2.39in assets for every $1 spent this yearSome assets cannot be spent right away.

2.6%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.

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$512,302

Mission workProgram services$421,15282.21% of revenue89.6% of expenses

ManagementOffice and general costs$48,7139.51% of revenue10.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$42,4378.28% of revenueShown in gray on the chart

Total expenses$469,86591.72% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 89.6% mission · 10.4% management · 0.0% fundraisingTotal expenses: 91.72% of revenue

2023Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 83.85% of revenue

2022Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 101.13% of revenue

2021Expense mix: 84.0% mission · 16.0% management · 0.0% fundraisingTotal expenses: 100.68% of revenue

2020Expense mix: 83.9% mission · 16.1% management · 0.0% fundraisingTotal expenses: 41.41% of revenue

2019Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 81.23% of revenue

2016Expense mix: 92.6% mission · 7.4% management · 0.0% fundraisingTotal expenses: 99.60% of revenue

Money in and money out

Revenue$512,302

Expenses$469,865

Annual surplus $42,437 Revenue was higher than expenses 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)$421,152 · 89.6% of expenses

Management and office costs$48,713 · 10.4% of expenses

See all reported dollar amounts

Revenue$512,302

Expenses$469,865

Assets$1,123,488

Income$512,302

Contributions$13,475

Mission work (program services)$421,152

Grants given$24,749

Average grant$8,250

Management and general$48,713

Stocks and bonds$886,230

Accounting fees$3,926

Investing fees$8,968

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (28)

LEAH LOUALLENCONFERENCE C

TAYLOR HILYERALABAMA STAT

SARAH BAUMHOFFBUDGET & FIN

SAMANTHA SULLIVANTENNESSEE ST

RODNEY WALTONEQ INCL & GI

ROBYN SOLLBERGERKENTUCKY STA

RACHELLE FELDMANLEGISLATIVE

NANCY FERGUSONSECRETARY

MICHELLE HEMMERCOMM & OUTRE

MIA MWANGOFLORIDA STAT

MARK MESSINGSCHLAGERMEMBERSHIP C

MARIAN DILLASSOC GOVERN

LEIGH ANN HUSSEYPRESIDENT

LEE BRAYN.CAROLINA S

ANDEREW QUINNVIRGINIA STA

KATIE CONRADVICE-PRESIDE

KARI DEDWYLDERMISSISSIPPI

KAITLYN LAMBERTELEC SERVICE

JW KELLAMS.CAROLINA S

JOAN BAILEYPRESIDENT-EL

EMMILEE MITCHELLGEORGIA STAT

DANIEL BARKOWITZPAST PRESIDE

CHANSONE DURDENEQ INCL & GI

CHAD SARTINISPONSORSHIP

CELENA TULLOSSSITE SELECTI

CAROLYN SPARKSTREASURER

BIZ DANIELSPONSORSHIP

BILL AYERSSPECIAL PROJ

About this charity

Recognized since: January 1986
Location: 1700 E ISLAND DR, N MYRTLE BCH, SC 29582-7706
County: Horry
In care of: %DAVID CECIL FINANACIAL AID OFFI CE
Primary officer: JOAN BAILEY, PRESIDENT-ELECT

How to reach them

WebsiteVisit the charity’s website Emailsasfaaweb@gmail.com Phone(864) 506-2195

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BLANKENSHIP CPA GROUP PLLC
NTEE classification: Community Improvement & Capacity Building (S41Z)
Grant-giving organization: Yes