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← CFA SOCIETY SAN FRANCISCO

Form 990 for tax year 2024

Filed by CFA SOCIETY SAN FRANCISCO.

Totals

Total revenue
$770,346
Total expenses
$890,982
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$802,542
Investment income
-$32,397
Other revenue
$201
Total assets, end of year
$1,342,184
Total liabilities, end of year
$255,044
Net assets or fund balances, end of year
$1,087,140
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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: MEMBERSHIP DUES

    total $504,065 · related or exempt $504,065

  • 2b · Program service revenue: CFA INSTITUTE SUBSIDY

    total $154,365 · related or exempt $154,365

  • 2c · Program service revenue: SPONSORSHIP REVENUE

    total $63,338 · related or exempt $63,338

  • 2d · Program service revenue: PROGRAM EVENTS

    total $61,261 · related or exempt $61,261

  • 2e · Program service revenue: CAREER DEVELOPMENT

    total $19,513 · related or exempt $19,513

  • 3 · Investment income

    total $33,341 · excluded $33,341

  • 7a · Gross sales of assets other than inventory

    securities $458,916

  • 7b · Less cost or other basis and sales expenses

    securities $524,654

  • 7c · Gain or loss

    securities -$65,738

  • 7d · Net gain or loss

    total -$65,738 · excluded -$65,738

  • 11a · Other revenue: OTHER

    total $201 · excluded $201

  • 11e · Other revenue, total

    $201

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $367,851

  • 7 · Other salaries and wages

    total $133,978

  • 8 · Pension plan contributions

    total $4,872

  • 9 · Other employee benefits

    total $38,301

  • 10 · Payroll taxes

    total $36,675

  • 11b · Fees: legal

    total $980

  • 11c · Fees: accounting

    total $16,500

  • 11f · Fees: investment management

    total $1,852

  • 11g · Fees: other

    total $98,784

  • 12 · Advertising and promotion

    total $16,409

  • 13 · Office expenses

    total $8,181

  • 14 · Information technology

    total $28,324

  • 16 · Occupancy

    total $1,861

  • 17 · Travel

    total $21,220

  • 22 · Depreciation, depletion and amortization

    total $2,305

  • 23 · Insurance

    total $1,177

  • 24a · Other expenses: PROGRAMS AND EVENTS

    total $102,726

  • 24b · Other expenses: OTHER EXPENSES

    total $4,705

  • 24c · Other expenses: TELEPHONE

    total $4,281

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $272,976 · end of year $133,024

  • 4 · Accounts receivable

    beginning of year $3,750 · end of year $5,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,770 · end of year $27,219

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

    $17,506

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,207

  • 10c · Land, buildings and equipment, net

    beginning of year $4,605 · end of year $2,299

  • 11 · Investments: publicly traded securities

    beginning of year $1,019,203 · end of year $1,174,642

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,208 · end of year $70,860

  • 19 · Deferred revenue

    beginning of year $181,411 · end of year $184,184

  • 27 · Net assets without donor restrictions

    beginning of year $1,073,685 · end of year $1,087,140

Mission and programs · 2024

Mission

CFA SOCIETY SAN FRANCISCO'S MISSION IS TO ADVANCE BAY AREA INVESTMENT PROFESSIONALS THROUGH EDUCATION, CAREER DEVELOPMENT, AND COMMUNITY BUILDING.

Activities or mission (Part I)

CFA SOCIETY OF SAN FRANCISCO IS A CALIFORNIA MEMBERSHIP-BASED NON-PROFIT WHICH PROMOTES HIGH STANDARDS OF COMPETENCE AND ETHICS AS EMBODIED IN THE CHARTERED FINANCIAL ANALYST (CFA) DESIGNATION. CFA SOCIETY OF SAN FRANCISCO SUPPORTS THE EVOLVING NEEDS OF THE FINANCE AND INVESTMENT INDUSTRY BY OFFERING HIGH-IMPACT PROGRAMMING, PROFESSIONAL DEVELOPMENT RESOURCES, AND ACCESS TO THOUGHT LEADERSHIP AT THE INTERSECTION OF MARKETS AND TECHNOLOGY. FROM HOSTING EXPERT PANELS AND FLAGSHIP EVENTS TO MENTORING EMERGING TALENT AND ENGAGING WITH ACADEMIC INSTITUTIONS, WE EQUIP OUR MEMBERS AND THE BROADER FINANCIAL COMMUNITY WITH THE TOOLS, INSIGHTS, AND RELATIONSHIPS NEEDED TO LEAD WITH INTEGRITY AND STAY AHEAD IN A RAPIDLY CHANGING ENVIRONMENT.

  • CFA SOCIETY OF SAN FRANCISCO IS A MEMBERSHIP ORGANIZATION WHICH PROVIDES CONTINUING EDUCATION, AND PROFESSIONAL DEVELOPMENT SERVICES TO ITS MEMBERS, WHILE WORKING TO ENHANCE AWARENESS OF THE INVESTMENT PROFESSION AND CFA DESIGNATION WITHIN THE COMMUNITY.

As filed on the 2024 return.

Listed in Part VII

  • Sami Mesrour CFA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • John Ailanjian CFA

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Anjie Pena CFA

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Kurt Braitberg CFA Caia

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Julie Barry CFA

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Carolyn Margiotti CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Desmond Fang CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hui-Chien Chang CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Margaret Reid CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mario Valente CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Trovato CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Raj Manghani CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Geedey

    CEO, START 10/24

    Total calculated
    $165,589
    From this org
    $139,077
    From related orgs
    $0
    Other
    $26,512
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,077
    Bonus
    $0
    Other
    $0
    Deferred
    $7,117
    Nontaxable benefits
    $19,395
    Filer's total
    $165,589

  • Anne O'Brien

    CEO, END 10/24

    Total calculated
    $266,739
    From this org
    $223,359
    From related orgs
    $0
    Other
    $43,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,359
    Bonus
    $0
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $12,880
    Filer's total
    $266,739

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 · 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

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.

  • CFA INSTITUTE

    501(C)(6) · INV. RESEARCH · VA

    Directly controlled by CFA INSTITUTE

Provenance

Return type
form_990
Tax year
2024
Filed
16 January 2026
IRS schema version
2024v5.5
Source object
202640229349300839

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