Form 990 for tax year 2022
Filed by ASSOCIATION OF FRATERNITY-SORORITY ADVISORS INC.
Totals
- Total revenue
- $941,175
- Total expenses
- $958,356
- Contributions and grants received
- $276,355
- Grants paid
- $940
- Program service revenue
- $529,383
- Investment income
- $39,931
- Other revenue
- $95,506
- Total assets, end of year
- $1,438,477
- Total liabilities, end of year
- $377,216
- Net assets or fund balances, end of year
- $1,061,261
- Program services expenses (Part IX)
- $884,640
- Management and general expenses
- $73,716
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $884,640
Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$199,250
-
1f · All other contributions, gifts and grants
$77,105
-
2a · Program service revenue: MEETTINGS AND CONFEREN
total $529,383 · related or exempt $529,383
-
3 · Investment income
total $39,931 · excluded $39,931
-
11a · Other revenue: OTHER
total $52,931 · unrelated business $25,500 · excluded $27,431
-
11b · Other revenue: REIMBURSEMENT OF EXPEN
total $42,575 · excluded $42,575
-
11e · Other revenue, total
$95,506
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $940 · program services $940
-
5 · Compensation of officers, directors and key employees
total $107,532 · program services $103,986 · management and general $3,546
-
7 · Other salaries and wages
total $254,037 · program services $245,659 · management and general $8,378
-
11a · Fees: management
total $62,017 · program services $44,857 · management and general $17,160
-
11b · Fees: legal
total $488 · program services $358 · management and general $130
-
11c · Fees: accounting
total $11,000 · program services $8,073 · management and general $2,927
-
11g · Fees: other
total $35,187 · program services $25,826 · management and general $9,361
-
13 · Office expenses
total $5,832 · program services $5,752 · management and general $80
-
14 · Information technology
total $46,254 · program services $38,931 · management and general $7,323
-
16 · Occupancy
total $5,245 · program services $3,794 · management and general $1,451
-
19 · Conferences, conventions and meetings
total $373,617 · program services $366,071 · management and general $7,546
-
20 · Interest
total $4,229 · management and general $4,229
-
23 · Insurance
total $9,144 · program services $6,614 · management and general $2,530
-
24a · Other expenses: OTHER
total $32,654 · program services $26,676 · management and general $5,978
-
24b · Other expenses: TELECOMMUNICATIONS
total $9,820 · program services $7,103 · management and general $2,717
-
24c · Other expenses: GRANT EXPENSES
total $360 · program services $0 · management and general $360
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $130,761 · end of year $115,628
-
4 · Accounts receivable
beginning of year $42,642 · end of year $32,326
-
9 · Prepaid expenses and deferred charges
beginning of year $19,013 · end of year $11,681
-
11 · Investments: publicly traded securities
beginning of year $1,127,235 · end of year $1,240,520
-
15 · Other assets
beginning of year $20,167 · end of year $38,322
-
17 · Accounts payable and accrued expenses
beginning of year $50,036 · end of year $37,256
-
19 · Deferred revenue
beginning of year $102,580 · end of year $163,477
-
23 · Secured mortgages and notes payable
beginning of year $159,236 · end of year $157,696
-
25 · Other liabilities
beginning of year $22,956 · end of year $18,787
-
27 · Net assets without donor restrictions
beginning of year $1,005,010 · end of year $1,061,261
Mission and programs · 2022
Mission
AFA PROVIDES EXCEPTIONAL EXPERIENCES, A VIBRANT COMMUNITY, AND ESSENTIAL RESOURCES FOR THE SUCCESS OF FRATERNITY/SORORITY ADVISORS, IT IS THE MISSION OF AFA TO ELEVATE THE STANDARD FOR EFFECTIVE PROFESSIONAL PRACTICE IN WORKING WITH SORORITIES AND FRATERNITIES IN HIGHER EDUCATION.
Activities or mission (Part I)
AFA PROVIDES EXCEPTIONAL EXPERIENCES, A VIBRANT COMMUNITY, AND ESSENTIAL RESOURCES FOR THE SUCCESS OF FRATERNITY/SORORITY ADVISORS. IT IS THE MISSION OF AFA TO ELEVATE THE STANDARD FOR EFFECTIVE PROFESSIONAL PRACTICE IN WORKING WITH SORORITIES AND FRATERNITIES IN HIGHER EDUCATION.
-
THE ANNUAL CONFERENCE IS AN OPPORTUNITY FOR ATTENDEES TO LEARN FROM GENERAL KEYNOTE SPEAKERS AS WELL AS SMALLER PROGRAMS ON SPECIFIC TOPICS RELEVANT TO OUR PROFESSION.
Expenses $561,470 · Revenue $518,733
-
ADVANCEU IS A WEB-BASED PROGRAM THAT IS OFFERED TO ALL MEMBERS AS ABENEFIT OF MEMBERSHIP. THE GOAL IS TO PROVIDE INFORMATION ON ASPECIFIC TOPIC OF INTEREST OR CONCERN IN THE PROFESSION. THERE AREGENERALLY 9-10 OF THESE PROGRAMS OFFERED EACH YEAR WITH AN AVERAGEATTENDANCE OF 95.
Expenses $2,896
-
THE FIRST 90 DAYS IS A WEB-BASED PROGRAM THAT IS OFFERED TO A COHORT OFNEW PROFESSIONALS. THE GOAL IS TO PROVIDE INFORMATION THAT ISIMPORTANT DURING THE ESTABLISHMENT OF A PROFESSIONAL CAREER, AS THISMAY BE THE FIRST FULL-TIME PROFESSIONAL JOB FOR MANY OF THEPARTICIPANTS. THERE ARE 8 SESSIONS OFFERED AND 50 PEOPLE PARTICIPATE.
Expenses $10,833 · Revenue $10,200
-
OTHER
Expenses $309,441 · Revenue $450
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Noah BortonNOAH BORTON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Brian WarrenBRIAN WARREN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tara FullerTARA FULLER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kevin BaileyDR KEVIN BAILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Francisco LugoDR FRANCISCO LUGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Teresia WilliamsTERESIA WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joshua WelchJOSHUA WELCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason BergeronJASON BERGERON
EXECUTIVE DIRECTOR
- Total calculated
- $87,537
- From this org
- $83,328
- From related orgs
- $0
- Other
- $4,209
- Hours/week
- 35
-
Michael WilsonMICHAEL WILSON
CFO
- Total calculated
- $41,336
- From this org
- $24,204
- From related orgs
- $0
- Other
- $17,132
- Hours/week
- 5 + 35 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- FORM 990, PART VII, LINE 5
- MICHAEL WILSON IS COMPENSATED BY AN UNRELATED ENTITY, CENTER FOR FRATERNAL EXCELLENCE, FOR WORK PERFORMED FOR ASSOCIATION OF FRATERNITY/SORORITY ADVISORS. HE RECEIVED $41,337 FOR THE FISCAL YEAR FOR SERVICES TO THIS ORGANIZATION, OF WHICH $13,207.50 WAS DEFERRED COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401979349301825
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.