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Nonprofiteer
← ADVANCED FUNCTIONAL FABRICS OF AMERICA INC

Form 990 for tax year 2023

Filed by ADVANCED FUNCTIONAL FABRICS OF AMERICA INC.

Totals

Total revenue
$18,738,887
Total expenses
$20,921,348
Contributions and grants received
$18,479,079
Grants paid
$0
Program service revenue
$238,424
Investment income
$21,384
Other revenue
$0
Total assets, end of year
$7,671,083
Total liabilities, end of year
$6,912,763
Net assets or fund balances, end of year
$758,320
Program services expenses (Part IX)
$17,620,667
Management and general expenses
$3,300,681
Fundraising expenses
$0
Program service expenses (Part III)
$17,620,667

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALEXANDER STOLYAROV

    CEO/PRESIDENT

    Total calculated
    $408,597
    From this org
    $366,003
    From related orgs
    $0
    Other
    $42,594
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $366,003
    Bonus
    $0
    Other
    $0
    Deferred
    $21,894
    Nontaxable benefits
    $20,700
    Filer's total
    $408,597

  • PAUL KERN

    CHAIRMAN OF BOARD

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • JOHN FRY

    CHAIRMAN OF COMPENSATION C

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ERIC SPACKEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CHARLES HOWLAND

    CHAIR OF GOVERNANCE & NOMI

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • NORMAN CHAPMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • IRA MOSKOWITZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DR JOYCE BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CARLOYN KIRK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DAVID WHEELER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • WALTER SMITH

    CHAIR OF AUDIT COMMITTEE

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ELISABETH REYNOLDS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MICHELLE FARRINGTON

    VP STRATEGIC GROWTH

    Total calculated
    $347,162
    From this org
    $325,229
    From related orgs
    $0
    Other
    $21,933
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,229
    Bonus
    $0
    Other
    $0
    Deferred
    $1,233
    Nontaxable benefits
    $20,700
    Filer's total
    $347,162

  • RICHARD SALVAGE

    EX-VP OF FINANCE

    Total calculated
    $238,291
    From this org
    $214,986
    From related orgs
    $0
    Other
    $23,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,986
    Bonus
    $0
    Other
    $0
    Deferred
    $8,905
    Nontaxable benefits
    $14,400
    Filer's total
    $238,291

  • EDIN INSANIC

    PRINCIPAL SYSTEM ARCHITECT AND GROUP LEAD

    Total calculated
    $246,500
    From this org
    $209,698
    From related orgs
    $0
    Other
    $36,802
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,698
    Bonus
    $0
    Other
    $0
    Deferred
    $21,921
    Nontaxable benefits
    $14,881
    Filer's total
    $246,500

  • NATASHA SPACKEY

    VP NEW BUSINESS DEVELOPMENT AND PARTNERSHIPS

    Total calculated
    $236,502
    From this org
    $207,828
    From related orgs
    $0
    Other
    $28,674
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,828
    Bonus
    $0
    Other
    $0
    Deferred
    $14,367
    Nontaxable benefits
    $14,307
    Filer's total
    $236,502

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
24 April 2025
IRS schema version
2023v6.0
Source object
202501149349301010

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