NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS Charity Report

Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

EIN 83-0211970 · Education (B82Z)

What they do

DEVELOPMENT for FINANCIAL AID ADMINISTRATORS; ADVOCATES for PUBLIC POLICIES THAT INCREASE STUDENT ACCESS and SUCCESS; SERVES AS A FORUM ON STUDENT FINANCIAL AID ISSUES, and is COMMITTED to DIVERSITY THROUGHOUT ALL ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.20 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

71.34%of revenue went to mission work80.2% of expenses · Program services

$89.00spent for every $100 of revenueRevenue covered expenses this year.

17.66%of revenue went to management and office costs19.8% of expenses

$2.20in assets for every $1 spent this yearSome assets cannot be spent right away.

21.2%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.

Pay context: The highest compensation shown in this filing is $364,147 for ELIZABETH MAGLIONE (INTERIM PRESIDENT & CEO). 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$15,352,137

Mission workProgram services$10,951,65771.34% of revenue80.2% of expenses

ManagementOffice and general costs$2,711,10817.66% of revenue19.8% of expenses

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

Revenue left after expensesReported annual surplus$1,689,37211.00% of revenueShown in gray on the chart

Total expenses$13,662,76589.00% 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: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 89.00% of revenue

2023Expense mix: 72.2% mission · 27.8% management · 0.0% fundraisingTotal expenses: 91.36% of revenue

2022Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 89.64% of revenue

2021Expense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 76.86% of revenue

2020Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 77.82% of revenue

2019Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 105.48% of revenue

2018Expense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 99.18% of revenue

2017Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 96.72% of revenue

Money in and money out

Revenue$15,352,137

Expenses$13,662,765

Annual surplus $1,689,372 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)$10,951,657 · 80.2% of expenses

Management and office costs$2,711,108 · 19.8% of expenses

See all reported dollar amounts

Revenue$15,352,137

Expenses$13,662,765

Assets$30,071,895

Income$15,289,394

Contributions$3,247,953

Mission work (program services)$10,951,657

Management and general$2,711,108

Stocks and bonds$15,219,241

Accounting fees$30,900

Investing fees$85,404

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

ELIZABETH MAGLIONEINTERIM PRESIDENT & CEO · 40 hrs/week $364,147Base $302,888 · Other $61,259

JUSTIN DRAEGERPRESIDENT & CEO · 40 hrs/week $324,004Base $278,894 · Other $45,110

TAMMY HARRISONDIRECTOR OF CLIENT SERVICES · 40 hrs/week $281,374Base $254,451 · Other $26,923

MINDY ELINEVICE PRESIDENT · 40 hrs/week $257,816Base $208,380 · Other $49,436

DAVID PAGESENIOR BUSINESS DEVELOPMENT SPECIALIST · 40 hrs/week $228,496Base $204,128 · Other $24,368

DANA KELLYVICE PRESIDENT · 40 hrs/week $214,282Base $174,242 · Other $40,040

KAREN MCCARTHYVICE PRESIDENT · 40 hrs/week $203,426Base $158,752 · Other $44,674

CARRIE CONRADVICE PRESIDENT · 40 hrs/week $190,614Base $147,917 · Other $42,697

DAVID FUTRELLDIRECTOR OF INSTITUTIONAL COMPLIANCE · 40 hrs/week $154,775Base $125,895 · Other $28,880

SYDNEY EVANSCHIEF OF STAFF · 40 hrs/week $144,718Base $119,518 · Other $25,200

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 (28)

ELIZABETH MAGLIONEINTERIM PRESIDENT & CEO

JUSTIN DRAEGERPRESIDENT & CEO

TAMMY HARRISONDIRECTOR OF CLIENT SERVICES

MINDY ELINEVICE PRESIDENT

DAVID PAGESENIOR BUSINESS DEVELOPMENT SPECIALIST

DANA KELLYVICE PRESIDENT

KAREN MCCARTHYVICE PRESIDENT

CARRIE CONRADVICE PRESIDENT

DAVID FUTRELLDIRECTOR OF INSTITUTIONAL COMPLIANCE

SYDNEY EVANSCHIEF OF STAFF

HELEN FAITHPAST NATIONAL CHAIR

SARAH B EVERITTREPRESENTATIVE-AT-LARGE

SHANNON L CROSSLANDREPRESENTATIVE-AT-LARGE

SHARON J OLIVERDIVERSITY OFFICER

MELET LEAFGREENBOARD SECRETARY

LEIGH ANN HUSSEYREGIONAL REPRESENTATIVE

SILVIA E MARQUEZREPRESENTATIVE-AT-LARGE

KRISTI L JOVELLNATIONAL CHAIR

KELLI ENGELHARDT MSPR MBAREGIONAL REPRESENTATIVE

ALEX DELONISTREASURER

HEIDI A CARLNATIONAL CHAIR-ELECT

DAVID B ALEXANDERREPRESENTATIVE-AT-LARGE

DANETTE BURGESSREGIONAL REPRESENTATIVE

CHRISTAL D WILLIAMS MBA MSODREPRESENTATIVE-AT-LARGE

AUDRA D MAIN BLS MALSREGIONAL REPRESENTATIVE

AMY D CABLEREPRESENTATIVE-AT-LARGE

AMANDA FIJAL MEDREGIONAL REPRESENTATIVE

AMANDA CORNELIUSREGIONAL REPRESENTATIVE

About this charity

Recognized since: January 1976
Location: 1801 PENN AVE NW STE 850, WASHINGTON, DC 20006-3606
County: District of Columbia
In care of: MELANIE E STOREY
Primary officer: MELANIE E STOREY, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@nasfaa.org Phone(202) 785-0453

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CALIBRE CPA GROUP PLLC
NTEE classification: Education (B82Z)