FLORIDA ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS INC Charity Report

Public IRS 990 nonprofit record

FLORIDA ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS INC

EIN 59-2437964 · Community Improvement & Capacity Building (S41Z)

What they do

A. to PROMOTE THE PROFESSIONAL COMPETENCY of STUDENT FINANCIAL AID ADMINISTRATORS IN POSTSECONDARY EDUCATIONAL INSTITUTIONS, GOVERNMENT AGENCIES, FOUNDATIONS, ADMINISTRATORS of STUDENT LOAN PROGRAMS IN LENDING INSTITUTIONS, HIGH SCHOOL GUIDANCE COUNSELORS, and OTHERS ASSOCIATED WITH PRIVATE and COMMUNITY ORGANIZATIONS CONCERNED WITH THE SUPPORT and ADMINISTRATION of STUDENT FINANCIAL AID PROGRAMS. B. to ASSIST EDUCATIONAL INSTITUTIONS, FOUNDATIONS, GOVERNMENT AGENCIES, LENDING INSTITUTIONS, and PRIVATE and COMMUNITY ORGANIZATIONS IN PROMOTING and DEVELOPING EFFECTIVE PROGRAMS PERTINENT to STUDENT FINANCIAL AID. C. to FACILITATE COMMUNICATION BETWEEN EDUCATIONAL INSTITUTIONS and SPONSORS of STUDENT FINANCIAL AID FUNDS THROUGH AN EXCHANGE of IDEAS, INFORMATION, and EXPERIENCE. D. to PROMOTE SUCH SYSTEMATIC STUDIES, COOPERATIVE EXPERIMENTS, CONFERENCES and OTHER RELATED ACTIVITIES AS MAY BE DESIRABLE or REQUIRED to FULFILL THE PUROPOSE of THIS ASSOCIATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.70 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 leaders17 people are listed in the latest report.

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

Money made simple

98.85%of revenue went to mission work84.7% of expenses · Program services

0.24%of revenue went to fundraising0.2% of expenses

$116.71spent for every $100 of revenueSpending was higher than revenue this year.

17.62%of revenue went to management and office costs15.1% of expenses

$2.57in assets for every $1 spent this yearSome assets cannot be spent right away.

53.2%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 $34,564 this year. Ask whether that was planned or caused by a one-time event.

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$206,843

Mission workProgram services$204,45998.85% of revenue84.7% of expenses

ManagementOffice and general costs$36,44917.62% of revenue15.1% of expenses

FundraisingAsking for donations$4990.24% of revenue0.2% of expenses

Total expenses$241,407116.71% 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: 84.7% mission · 15.1% management · 0.2% fundraisingTotal expenses: 116.71% of revenue

2023Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 96.59% of revenue

2022Expense mix: 87.4% mission · 12.0% management · 0.7% fundraisingTotal expenses: 86.90% of revenue

2021Expense mix: 96.5% mission · 3.5% management · 0.0% fundraisingTotal expenses: 89.48% of revenue

2020Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 57.54% of revenue

2019Expense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 101.35% of revenue

2018Expense mix: 78.1% mission · 21.9% management · 0.0% fundraisingTotal expenses: 96.56% of revenue

2017Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 112.49% of revenue

Money in and money out

Revenue$206,843

Expenses$241,407

Annual shortfall $34,564 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)$204,459 · 84.7% of expenses

Management and office costs$36,449 · 15.1% of expenses

Fundraising$499 · 0.2% of expenses

See all reported dollar amounts

Revenue$206,843

Expenses$241,407

Assets$621,094

Income$206,843

Contributions$110,005

Mission work (program services)$204,459

Fundraising$499

Management and general$36,449

Accounting fees$15,000

Investing fees$1,307

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 (17)

ELIZABETH WEIBLEYBOARD MEMBER

SEDRICK BRINSONTREASURER

NADINE BAILEYBOARD MEMBER

LAURA DICKERSONBOARD MEMBER

LASHANDA MOZELLBOARD MEMBER

KEVIN MCCRARYBOARD MEMBER

KAMIA MWANGOPAST PRESIDE

JEANNE SCHURMANVP OF TRAINI

JALEN FITZPATRICKBOARD MEMBER

AMANDA LIVINGSTONSECRETARY

EGAN HANSONPRESIDENT

DAMEION LOVETTBOARD MEMBER

CAROLA MANNBOARD MEMBER

BRENDA ILOJIOLETREASURER EL

BECKY DAVISBOARD MEMBER

BEATA BREGMANBOARD MEMBER

ARMINTA JOHNSONPRESIDENT EL

About this charity

Recognized since: January 1984
Location: 4905 34TH STREET SOUTH 334, SAINT PETERSBURG, FL 33711-4511
County: Pinellas
In care of: % E DUNN
Primary officer: EGAN HANSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(727) 374-4271

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HURSEY & ASSOCIATES
NTEE classification: Community Improvement & Capacity Building (S41Z)