North Carolina Association Of Student Financial Aid Administrato
- Assets
- $303.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, NC
- Founding
- 06/1987
- Data as of
- 06/2023
- EIN
- 56-1507353
Organization Overview
North Carolina Association Of Student Financial Aid Administrato is located in Fayetteville, NC. The organization was established in 1987. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Association Of Student Financial Aid Administrato is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, North Carolina Association Of Student Financial Aid Administrato generated $107.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $105.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION TYPICALLY HOLDS TWO ANNUAL CONFERENCES AND REGULARY CONDUCTS VARIOUS TRAINING WORKSHOPS. THEY ALSO PUBLISH THREE NEWSLETTERS ANNUALLY. THEY STRIVE TO DEVELOP AND STRENGTHEN THE PROFESSIONAL COMPETENCY OF BOTH THEIR MEMBERS AND STUDENT FINANCIAL AID PROGRAMS IN GENERAL SO THAT NO QUALIFIED PERSON SHALL BE DENIED THE OPPORTUNITY TO OBTAIN A POSTSECONDARY EDUCATION DUE TO A LACK OF FINANCIAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Hemmer President | 10 | $0 | |
Ann Peacock President-Elect | 7 | $0 | |
Zilma Lopes Past-President | 1 | $0 | |
Tiffany Youngblood Vice-President | 1 | $0 | |
Tamara Nikki Glaspie Treasurer | 10 | $0 | |
Lee Bray Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $91,347 |
| Membership dues | $14,850 |
| Investment income | $1,678 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,420 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $929 |
| Other expenses | $102,601 |
| Total expenses | $104,950 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,570 |
| Other assets | $0 |
| Total assets | $303,872 |
| Total liabilities | $0 |
| Net assets or fund balances | $303,872 |