Dallas Association For Financial Professionals
- Assets
- $138.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 75-2685180
Organization Overview
Dallas Association For Financial Professionals is located in Dallas, TX. The organization was established in 1997. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Association For Financial Professionals 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, Dallas Association For Financial Professionals generated $81.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $192.2k during the year ending 12/2022. 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
WE SUCCESSFULLY HOSTED 8 MEETINGS THAT EACH PRESENTED A DIFFERENT TOPIC TO AID THEMEMBERSHIP IN EDUCATION AND CONTINUED EDUCATION CREDITS. WE HELD OUR ANNUAL ALL-DAY CONFERENCE WHICH OFFERED EDUCATION, CONTINUED EDUCATION, AND NETWORKING FOR DFW PROFESSIONALS. ALSO, WE HOSTED A NETWORKING SOCIAL FOR THE MEMBERSHIP TO INTERACT IN A MORE INFORMAL SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Salina Morrow President | 4 | $0 | |
Joan M Calhoun Vice President | 4 | $0 | |
John Smithson III Secretary | 4 | $0 | |
Connor Cosgrove Treasurer | 4 | $0 | |
Yaritza Bynum Director | 2 | $0 | |
Matt Davies Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,001 |
| Total Program Service Revenue | $6,820 |
| Membership dues | $50,815 |
| Investment income | $406 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,042 |
| 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 | $6,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $185,960 |
| Total expenses | $192,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,076 |
| Other assets | $0 |
| Total assets | $138,076 |
| Total liabilities | $4,600 |
| Net assets or fund balances | $133,476 |