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MIDWEST FINANCE ASSOCIATION

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Public IRS 990 nonprofit record

MIDWEST FINANCE ASSOCIATION

EIN 62-1126304 · Professional Athletic Leagues (N80)

What they do

DEVELOP/SUPPORT RESEARCH IN FINANCIAL THEORY/PRACTICE

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $68.60 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 2025The charity has a recent tax report to read.

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

They name their leaders19 people are listed in the latest report.

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

Money made simple

20.36%of revenue went to mission work68.6% of expenses · Program services
$101.69spent for every $100 of revenueSpending was higher than revenue this year.
$2.75in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $3,899 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $10,000 for STANISLAVA STAS NIKOLOVA (SECRETARY). 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 2025

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.

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$119,750
Mission workProgram services$24,38020.36% of revenue68.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$84,19570.31% of revenueShown in gray on the chart
Total expenses$35,55529.69% 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
2021CurrentExpense mix: 68.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 29.69% of revenue
2020Expense mix: 55.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 141.39% of revenue
2019Expense mix: 88.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 52.67% of revenue
2018Expense mix: 66.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 65.10% of revenue

Money in and money out

Revenue$230,673
Expenses$234,572
Annual shortfall $3,899 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)$24,380 · 10.4% of expenses
See all reported dollar amounts
Revenue$230,673
Expenses$234,572
Assets$643,962
Income$230,673
Mission work (program services)$24,380
Accounting fees$23,899
People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation
STANISLAVA STAS NIKOLOVASECRETARY · 5 hrs/week $10,000
CRAIG FURFINETREASURER · 5 hrs/week $10,000
DAVID FELDMANVICE PRESIDENT · 5 hrs/week $5,000

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 (19)

STANISLAVA STAS NIKOLOVASECRETARY

CRAIG FURFINETREASURER

DAVID FELDMANVICE PRESIDENT

GENE AMROMINDIRECTOR

ZHI DAVICE PRES-ELECT

VERONIKA POOLDIRECTOR

SABRINA HOWELLDIRECTOR

RENE ADAMSADVIS BRD CHAIR

MICHAEL WEBERDIRECTOR

MARTIN FRIDSONDIRECTOR

MARK CAREYDIRECTOR

MANUEL ADELINOPAST PRESIDENT

AMIYATOSH PURNANANDAMVICE PRESIDENT

ELENA LOUTSKINADIRECTOR

EDITH HOTCHKISSDIRECTOR

DASOL KIMDIRECTOR

CLEMENS SIALMPRESIDENT

BJRN ERAKERPRES ELECT

ANDREA VEDOLINDIRECTOR

About this charity

Recognized since
January 1983
Location
2211 CAMPUS DRIVE GH-4373, EVANSTON, IL 60208-0898
County
Cook
In care of
% CRAIG FURFINE
Primary officer
Craig Furfine, Treasurer

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
BARNES GIVENS & BARNES LTD
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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