Arkansas Association Of Student Financial Aid Administrators Aasfa is located in Conway, AR. The organization was established in 1988. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Arkansas Association Of Student Financial Aid Administrators Aasfa is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Arkansas Association Of Student Financial Aid Administrators Aasfa generated $39.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $40.2k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CONFERENCES AND TRAINING ARE DESIGNED TO COMMUNICATE THE CHANGES AND UPDATES OF PROGRAMS PROVIDING FINANCIAL AID SERVICE FOR COLLEGE-BOUND STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Williams President | 0 | $0 | |
Kirsten Oesau Treasurer | 0 | $0 | |
Megan Smith Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,331 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,360 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,791 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $27 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,125 |
| Total expenses | $40,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,470 |
| Other assets | $0 |
| Total assets | $89,470 |
| Total liabilities | $447 |
| Net assets or fund balances | $89,023 |