CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS CENTER FOR FINANCIAL PLANNING Charity Report

Public IRS 990 nonprofit record

CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS CENTER FOR FINANCIAL PLANNING

EIN 74-2385850 · Chambers of Commerce & Business Leagues (S41)

What they do

THE MISSION of CFP BOARD CENTER for FINANCIAL PLANNING, A 501(C)(3) NONPROFIT ORGANIZATION, is to ADVANCE COMPETENT and ETHICAL FINANCIAL PLANNING and EXPAND CFP PROFESSIONAL DIVERSITY for THE BENEFIT of THE PUBLIC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.60 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 leaders26 people are listed in the latest report.

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

Money made simple

86.76%of revenue went to mission work74.6% of expenses · Program services

3.62%of revenue went to fundraising3.1% of expenses

$116.30spent for every $100 of revenueSpending was higher than revenue this year.

25.92%of revenue went to management and office costs22.3% of expenses

$4.71in assets for every $1 spent this yearSome assets cannot be spent right away.

44.4%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 $1,366,884 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,291,553 for KEVIN KELLER (CHIEF EXECUTIVE OFFICER). 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$8,387,332

Mission workProgram services$7,276,61186.76% of revenue74.6% of expenses

ManagementOffice and general costs$2,174,17725.92% of revenue22.3% of expenses

FundraisingAsking for donations$303,4283.62% of revenue3.1% of expenses

Total expenses$9,754,216116.30% 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: 74.6% mission · 22.3% management · 3.1% fundraisingTotal expenses: 116.30% of revenue

2023Expense mix: 69.2% mission · 26.0% management · 4.8% fundraisingTotal expenses: 168.21% of revenue

2022Expense mix: 91.6% mission · 8.0% management · 0.4% fundraisingTotal expenses: 109.93% of revenue

2021Expense mix: 91.5% mission · 7.7% management · 0.8% fundraisingTotal expenses: 94.48% of revenue

2020Expense mix: 90.5% mission · 8.4% management · 1.0% fundraisingTotal expenses: 103.20% of revenue

2019Expense mix: 90.7% mission · 8.3% management · 1.0% fundraisingTotal expenses: 92.38% of revenue

2018Expense mix: 90.2% mission · 8.7% management · 1.1% fundraisingTotal expenses: 96.63% of revenue

2017Expense mix: 91.9% mission · 7.2% management · 0.9% fundraisingTotal expenses: 93.48% of revenue

Money in and money out

Revenue$8,387,332

Expenses$9,754,216

Annual shortfall $1,366,884 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)$7,276,611 · 74.6% of expenses

Management and office costs$2,174,177 · 22.3% of expenses

Fundraising$303,428 · 3.1% of expenses

See all reported dollar amounts

Revenue$8,387,332

Expenses$9,754,216

Assets$45,935,726

Income$20,051,371

Contributions$3,720,197

Mission work (program services)$7,276,611

Fundraising$303,428

Grants given$292,637

Average grant$32,515

Management and general$2,174,177

Stocks and bonds$28,450,088

Investing fees$72,745

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

KEVIN KELLERCHIEF EXECUTIVE OFFICER · 5 hrs/week $1,291,553Base $1,106,080 · Other $185,473

LEO RYDZEWSKIGENERAL COUNSEL · 5 hrs/week $783,560Base $646,442 · Other $137,118

DANE SNOWDENCHIEF OPERATING OFFICER · 5 hrs/week $710,033Base $553,504 · Other $156,529

THOMAS SPORKINMANAGING DIRECTOR · 5 hrs/week $621,222Base $476,001 · Other $145,221

JOSEPH MAUGERIMANAGING DIRECTOR THRU 08/24 · 5 hrs/week $605,973Base $537,250 · Other $68,723

KEVIN YEACHIEF FINANCIAL OFFICER · 5 hrs/week $521,025Base $413,298 · Other $107,727

ELIZABETH STEWARTCHIEF OPERATING OFFICER THRU 01/24 · 5 hrs/week $423,471Base $375,511 · Other $47,960

JAMES KATSAOUNISMANAGING DIRECTOR · 5 hrs/week $402,134Base $342,865 · Other $59,269

JOHN LOPERMANAGING DIRECTOR · 5 hrs/week $385,186Base $320,496 · Other $64,690

ERIN KOEPPELMANAGING DIRECTOR · 5 hrs/week $373,877Base $324,322 · Other $49,555

LISA DAVISMANAGING DIRECTOR · 40 hrs/week $344,949Base $232,434 · Other $112,515

ADAM ZAJACMANAGING DIRECTOR · 5 hrs/week $338,823Base $293,891 · Other $44,932

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 (26)

KEVIN KELLERCHIEF EXECUTIVE OFFICER

LEO RYDZEWSKIGENERAL COUNSEL

DANE SNOWDENCHIEF OPERATING OFFICER

THOMAS SPORKINMANAGING DIRECTOR

JOSEPH MAUGERIMANAGING DIRECTOR THRU 08/24

KEVIN YEACHIEF FINANCIAL OFFICER

ELIZABETH STEWARTCHIEF OPERATING OFFICER THRU 01/24

JAMES KATSAOUNISMANAGING DIRECTOR

JOHN LOPERMANAGING DIRECTOR

ERIN KOEPPELMANAGING DIRECTOR

LISA DAVISMANAGING DIRECTOR

ADAM ZAJACMANAGING DIRECTOR

RICK SHERLOCKBOARD MEMBER

LINDA LEITZ PHDCFP EABOARD MEMBER

TERRI KALLSEN CFPBOARD MEMBER

RICHARD SHAW CFP MBABOARD MEMBER

PETER ROHR CFPBOARD MEMBER

NANCY SMITH JDBOARD MEMBER

MATT BOERSEN CFP CFABOARD CHAIR

MARTIN SEAY PH D CFPBOARD MEMBER

MARGUERITA CHENG CFPBOARD MEMBER

MALIK LEE CFP CAP APMABOARD MEMBER

LOUIS BARAJAS CFP MBABOARD MEMBER

ELIZABETH K MILLER CFP CFABOARD MEMBER

ELISSE WALTER JDBOARD MEMBER

ANERI JAMBUSARIA CFP MBABOARD MEMBER

About this charity

Recognized since: January 1985
Location: 1425 K ST NW STE 800, WASHINGTON, DC 20005-3673
County: District of Columbia
In care of: KEVIN YEA CPA
Primary officer: KEVIN YEA CPA, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Emailmail@cfpboard.org Phone(202) 379-2200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes