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Nonprofiteer
← FINANCIAL EXECUTIVES INTERNATIONAL

Form 990 for tax year 2023

Filed by FINANCIAL EXECUTIVES INTERNATIONAL.

Totals

Total revenue
$180,439
Total expenses
$292,249
Contributions and grants received
$0
Grants paid
$15,000
Program service revenue
$176,582
Investment income
$3,857
Other revenue
$0
Total assets, end of year
$185,867
Total liabilities, end of year
$84,532
Net assets or fund balances, end of year
$101,335
Program services expenses (Part IX)
$151,724
Management and general expenses
$140,525
Fundraising expenses
$0
Program service expenses (Part III)
$151,724

Program services were 51.9% 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.

  • 2a · Program service revenue: PARTNER DEVELOPMENT

    total $152,376 · related or exempt $152,376

  • 2b · Program service revenue: CHAPTER DUES

    total $14,606 · related or exempt $14,606

  • 2c · Program service revenue: IN KIND SPONSORSHIP

    total $9,600 · related or exempt $9,600

  • 3 · Investment income

    total $3,857 · related or exempt $3,857

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $15,000 · program services $15,000

  • 5 · Compensation of officers, directors and key employees

    total $102,000 · management and general $102,000

  • 11c · Fees: accounting

    total $9,941 · management and general $9,941

  • 11g · Fees: other

    total $2,958 · program services $2,958

  • 12 · Advertising and promotion

    total $15,202 · program services $15,202

  • 13 · Office expenses

    total $3,815 · program services $1,293 · management and general $2,522

  • 17 · Travel

    total $5,177 · program services $40 · management and general $5,137

  • 18 · Travel or entertainment for public officials

    total $2,132 · management and general $2,132

  • 22 · Depreciation, depletion and amortization

    total $0

  • 24a · Other expenses: Special Events (net)

    total $17,295 · program services $17,295

  • 24b · Other expenses: FEI Headquarters Fees

    total $5,377 · management and general $5,377

  • 24c · Other expenses: Meeting Space Rental

    total $18,978 · program services $18,978

  • 24e · All other expenses

    total $94,374 · program services $80,958 · management and general $13,416 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $47,817 · end of year $59,973

  • 2 · Savings and temporary cash investments

    beginning of year $163,821 · end of year $125,847

  • 4 · Accounts receivable

    beginning of year $15,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    end of year $47

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,494 · end of year $4,250

  • 19 · Deferred revenue

    end of year $62,500

  • 25 · Other liabilities

    end of year $17,782

  • 27 · Net assets without donor restrictions

    beginning of year $235,940 · end of year $213,144

Mission and programs · 2023

Mission

FEI'S MISSION IS TO ADVANCE THE SUCCESS OF SENIOR-LEVEL FINANCIAL EXECUTIVES, THEIR ORGANIZATIONSAND PROFESSION. THE FOUNDING PURPOSE OF FEI WAS TO DEFINE THE PROFESSION, EXCHANGE IDEAS ABOUTBEST PRACTICES, EDUCATE MEMBERS AND OTHERS, AND WORK WITH THE GOVERNMENT TO INTERACT.

Activities or mission (Part I)

FEI'S MISSION IS TO ADVANCE THE SUCCESS OF SENIOR-LEVEL FINANCIAL EXECUTIVES, THEIR ORGANIZATIONS AND PROFESSION. THE FOUNDING PURPOSE OF FEI WAS TO DEFINE THE PROFESSION, EXCHANGE IDEAS ABOUT BEST PRACTICES, EDUCATE MEMBERS AND OTHERS, AND WORK WITH THE GOVERNMENT TO INTERACT

  • IN PERSON AND VIRTUAL EVENTS, INCLUDING DINNER MEETINGS WITH SPEAKERS ON GENERAL BUSINESS ISSUES, PROFESSIONAL DEVELOPMENT MEETINGS, AND CAREER SERVICES MEETINGS. COST OF MAINTAINING A WEBSITE. PUBLISHING CHAPTER NEWSLETTER MARKETING AND COMMUNICATIONS WITH OVER 400 MEMBERS. SCHOLARSHIPS GRANTED TO LEADING STUDENTS OF FINANCE ACCOUNTING AND ECONOMICS

    Expenses $151,724 · Grants $15,000 · Revenue $176,582

As filed on the 2023 return.

Listed in Part VII

  • Chris Caprio

    President

    Total calculated
    $0
    Hours/week
    2

  • Priya Chanduraj

    Vice President

    Total calculated
    $0
    Hours/week
    2

  • Glen Bunnell

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Beth Kurth

    Nominating Committee Chair

    Total calculated
    $0
    Hours/week
    2

  • Dave Sackett

    ACADEMIC RELATIONS CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mary Lambert

    ACADEMIC RELATIONS CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mark Synnott

    MEMBERSHIP CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Donna Desmond

    PARTNERS CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Dave Lawson

    PROGRAMS CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Todd Spencer

    PROGRAMS CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mark Anderson

    Past Presidents Chair

    Total calculated
    $0
    Hours/week
    2

  • Alan Faber

    DIRECTOR EMERITUS

    Total calculated
    $0
    Hours/week
    2

  • Charles Michaud

    MEMBERSHIP CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lisi Sesnovich

    PARTNERS CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Evan Macedo

    PROGRAMS CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 March 2025
IRS schema version
2023v6.0
Source object
202521209349300002

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