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Nonprofiteer
← ASSET FUNDERS NETWORK

Form 990 for tax year 2025

Filed by ASSET FUNDERS NETWORK.

Totals

Total revenue
$4,580,759
Total expenses
$5,566,675
Contributions and grants received
$4,295,125
Grants paid
$0
Program service revenue
$270,373
Investment income
$15,261
Other revenue
$0
Total assets, end of year
$1,656,497
Total liabilities, end of year
$519,349
Net assets or fund balances, end of year
$1,137,148
Program services expenses (Part IX)
$3,752,573
Management and general expenses
$1,814,102
Fundraising expenses
$0
Program service expenses (Part III)
$3,752,573

Program services were 67.4% 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

    $1,137,800

  • 1f · All other contributions, gifts and grants

    $3,157,325

  • 2a · Program service revenue: CONFERENCE FEES & SPONS

    total $270,373 · related or exempt $270,373

  • 3 · Investment income

    total $15,261 · related or exempt $15,261

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $276,718 · management and general $276,718

  • 7 · Other salaries and wages

    total $3,268,357 · program services $2,286,482 · management and general $981,875

  • 9 · Other employee benefits

    total $653,448 · program services $421,786 · management and general $231,662

  • 10 · Payroll taxes

    total $272,736 · program services $180,889 · management and general $91,847

  • 11a · Fees: management

    total $191,123 · program services $190,972 · management and general $151

  • 11c · Fees: accounting

    total $21,088 · management and general $21,088

  • 11g · Fees: other

    total $418,397 · program services $403,343 · management and general $15,054

  • 12 · Advertising and promotion

    total $103,899 · program services $34,677 · management and general $69,222

  • 13 · Office expenses

    total $43,910 · program services $10,324 · management and general $33,586

  • 14 · Information technology

    total $56,822 · program services $13,361 · management and general $43,461

  • 17 · Travel

    total $114,211 · program services $98,576 · management and general $15,635

  • 19 · Conferences, conventions and meetings

    total $120,559 · program services $110,474 · management and general $10,085

  • 20 · Interest

    total $3,981 · management and general $3,981

  • 23 · Insurance

    total $7,738 · management and general $7,738

  • 24a · Other expenses: STATE REGISTRATIONS & TAX

    total $5,993 · management and general $5,993

  • 24b · Other expenses: PROFESSIONAL DEVELOPMENT

    total $7,183 · program services $1,689 · management and general $5,494

  • 24c · Other expenses: UNCATEGORIZED EXPENSE

    total $512 · management and general $512

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,789,373 · end of year $629,542

  • 4 · Accounts receivable

    beginning of year $578,000 · end of year $1,001,600

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,886 · end of year $23,486

  • 10a · Land, buildings and equipment: cost or other basis

    $1,869

  • 10c · Land, buildings and equipment, net

    end of year $1,869

  • 17 · Accounts payable and accrued expenses

    beginning of year $115,398 · end of year $234,112

  • 19 · Deferred revenue

    end of year $140,000

  • 23 · Secured mortgages and notes payable

    beginning of year $148,797 · end of year $145,142

  • 25 · Other liabilities

    end of year $95

  • 27 · Net assets without donor restrictions

    beginning of year $1,508,369 · end of year $348,139

  • 28 · Net assets with donor restrictions

    beginning of year $614,695 · end of year $789,009

Mission and programs · 2025

Mission

THE MISSION OF ASSET FUNDERS NETWORK IS TO ENGAGE PHILANTHROPY TO ADVANCE EQUITABLE WEALTH BUILDING AND ECONOMIC MOBILITY

  • REGIONS AND REGIONAL PROJECTS SEEK TO CONNECT GRANTMAKERS AND COLLEAGUES IN NONPROFIT, PUBLIC, AND PRIVATE SECTORS TO FACILITATE COLLABORATION AND MAXIMIZE THEIR IMPACT ON LOW AND MODERATE INCOME INDIVIDUAL, FAMILY, AND COMMUNITY WEALTH.

    Expenses $2,648,541

  • COMMUNICATIONS AND NATIONAL PROJECTS ARE BROADLY FOCUSED TO BUILD ECONOMIC WELL-BEING FOR LOW AND MODERATE INCOME INDIVIDUALS AND HOUSEHOLDS.

    Expenses $1,069,647

  • CONFERENCES BUILD AWARENESS OF KEY ISSUES, PROMISING APPROACHES, AND TIMELY, RELEVANT RESEARCH TO SUPPORT STRATEGIC AND IMPACTFUL INVESTMENTS IN ASSET-BUILDING/ECONOMIC MOBILITY IN THE U.S.

    Expenses $34,385

As filed on the 2025 return.

Listed in Part VII

  • JOSEPH A ANTOLIN

    PRESIDENT AND CEO

    Total calculated
    $276,718
    From this org
    $276,718
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $276,718
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $276,718

  • ANNIKA LITTLE

    MANAGING DIRECTOR

    Total calculated
    $199,719
    From this org
    $199,719
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $199,719
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $199,719

  • ABBY HUGHES HOLSCLAW

    SENIOR DIRECTOR

    Total calculated
    $167,652
    From this org
    $167,652
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $167,652
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $167,652

  • LEAH MAYOR

    SENIOR DIRECTOR

    Total calculated
    $156,273
    From this org
    $156,273
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $156,273
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $156,273

  • KARAMA NEAL

    STRATEGIC PROJECT DIRECTOR

    Total calculated
    $149,432
    From this org
    $149,432
    From related orgs
    $0
    Other
    $0
    Hours/week
    24

  • REBECA RANGEL

    REGIONAL PROGRAM OFFICER

    Total calculated
    $148,734
    From this org
    $148,734
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • SARA BISHOP

    STRATEGIC COMMUNICATIONS DIRECTOR

    Total calculated
    $135,025
    From this org
    $135,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • KATIE SIRAKOS

    REGIONAL PROGRAM OFFICER

    Total calculated
    $134,336
    From this org
    $134,336
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • FRAN BAYLOR

    REGIONAL PROGRAM OFFICER

    Total calculated
    $133,654
    From this org
    $133,654
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • KRISTIN RENNELS

    MEMBERSHIP DIRECTOR

    Total calculated
    $133,359
    From this org
    $133,359
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • CHRISTI BAKER

    DIRECTOR OF STRATEGIC INITIATIVES

    Total calculated
    $130,088
    From this org
    $130,088
    From related orgs
    $0
    Other
    $0
    Hours/week
    26

  • AMANDA ARIZOLA

    REGIONAL PROGRAM OFFICER

    Total calculated
    $125,153
    From this org
    $125,153
    From related orgs
    $0
    Other
    $0
    Hours/week
    26

  • SIMON LOPEZ

    REGIONAL PROGRAM OFFICER

    Total calculated
    $120,280
    From this org
    $120,280
    From related orgs
    $0
    Other
    $0
    Hours/week
    26

  • ABBY SHERIDAN

    REGIONAL PROGRAM OFFICER

    Total calculated
    $111,257
    From this org
    $111,257
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • SADE ABRAMSON

    HUMAN RESOURCES DIRECTOR

    Total calculated
    $105,662
    From this org
    $105,662
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • RITA ANDERSON

    CONTROLLER

    Total calculated
    $102,610
    From this org
    $102,610
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • ANNETTE CASE

    REGIONAL PROGRAM OFFICER

    Total calculated
    $100,274
    From this org
    $100,274
    From related orgs
    $0
    Other
    $0
    Hours/week
    26

  • REV CORY ANDERSON

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RACHEAL MEIERS

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • PAULA DAMBROSA

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PHILIP FITZGERALD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • KAREN BROWN

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • SARA KELLER

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • LORA YORK

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • REGAN GRUBER MOFFITT

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MONIQUE CARSWELL

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MENDI BLUE PACA

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JENNIFER HIGGINS

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • ROBERT BURNS

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • CAMILLE EMEAGWALI

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • FRANCESCA JEAN BAPTISTE

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • STACY SPANN

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • SANDRA MARTINEZ

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MERCEDEH MORTAZAVI

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • ELAINA MULE

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • KRISTEN SCHEYDER

    MEMBER

    Total calculated
    $0
    Hours/week
    0

  • BEADSIE WOO

    MEMBER

    Total calculated
    $0
    Hours/week
    0

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 · Written employment contract
  • 3 · Compensation survey or study
  • 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.

Provenance

Return type
form_990
Tax year
2025
Filed
15 June 2026
IRS schema version
2025v4.1
Source object
202641669349301204

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