2026-04-07T23:43:51-05:00 2025-05-31 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-06-01 237171151 FOUNDATION FOR ACCOUNTING EDUCATION INC FOUN 2127198300 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 CALVIN HARRIS JR CHIEF EXECUTIVE OFFICER 2127198300 2026-04-06 1 0 LORI ROTHE YOKOBOSKY P01273422 2122970400 2026-04-03 2024 2025-03-06 01:10:19Z CALVIN HARRIS JR 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 2711879 0 X WWW.NYSSCPA.ORG X 1972 NY TO PROVIDE LIFELONG CONTINUING EDUCATION TO CERTIFIED PUBLIC ACCOUNTANTS IN NEW YORK STATE. 9 9 33 1041 0 0 1272965 1341559 1573475 1357129 5771 6853 0 0 2852211 2705541 0 0 0 0 1450349 1558139 0 0 0 1410011 1151751 2860360 2709890 -8149 -4349 391223 624978 1517478 1751233 -1126255 -1126255 X TO PROVIDE LIFELONG CONTINUING EDUCATION TO CERTIFIED PUBLIC ACCOUNTANTS IN NEW YORK STATE. 0 0 1946118 1357129 FOUNDATION FOR ACCOUNTING EDUCATION (FAE) PROVIDES CONTINUING PROFESSIONAL EDUCATION (CPE) REQUIRED TO MAINTAIN A CPA LICENSE IN NEW YORK STATE. FAE IS QUALIFIED TO PROVIDE CPE BY THE NEW YORK STATE DEPARTMENT OF EDUCATION AND THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA). UNDER NEW YORK'S ACCOUNTING REFORM LAW, CPAS WHOSE PRINCIPAL PLACE OF BUSINESS IS NEW YORK ARE REQUIRED TO COMPLETE 40 HOURS OF CPE EVERY CALENDAR YEAR IN GENERAL STUDIES, INCLUDING ACCOUNTING, AUDITING, TAXATION, ADVISORY SERVICES, AND OTHER AREAS, OR 24 HOURS IN A SPECIALIZED SUBJECT. TO HELP MEET THIS REQUIREMENT FAE OFFERS MORE THAN 478 COURSES ANNUALLY INCLUDING CONFERENCES, SEMINARS, TECHNICAL SESSIONS, ON-SITE CPE AND ONLINE WEBINARS. COURSES KEEP PARTICIPANTS UPDATED ON CONSTANTLY CHANGING REGULATIONS, TECHNICAL AND ETHICAL ISSUES AND BEST PRACTICES IN ACCOUNTING AND AUDITING. 1946118 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 10 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X PATRICK PAYANO 2127198337 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 BARBARA MARINO CPA IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 GEORGE RUBINO CPA TRUSTEE 1.00 X 0 0 0 J MICHAEL KIRKLAND CPA PRESIDENT 5.00 X X 0 0 0 KENNEETH GRALAK CPA PRESIDENT-ELECT 3.00 X X 0 0 0 MAGDALENA CZERNIAWSKI CPA TRUSTEE 1.00 X 0 0 0 PATRICIA JOHNSON CPA TRUSTEE 1.00 X 0 0 0 SHARI E BERK CPA TRUSTEE 1.00 X 0 0 0 STEVEN M MORSE CPA TRUSTEE 1.00 1.00 X 0 0 0 WILLIAM H DRESNACK CPA SECRETARY/TREASURER 2.00 6.00 X X 0 0 0 AMY WILLIAMS CHIEF OPERATING OFFICER 3.00 34.50 X 18620 214133 36250 CALVIN HARRIS CPA CHIEF EXECUTIVE OFFICER 5.60 31.90 X 61871 350602 66569 PATRICK PAYANO CPA CHIEF FINANCIAL OFFICER 14.00 23.50 X 104449 174080 74239 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 7.50 30.00 X 33926 135702 29504 EMILY FRIZZELL CHIEF MARKETING & COMMUNICATIONS DIR 10.90 26.60 X 46961 114972 28711 TIMOTHY TWOFOOT BOULETTE ESQ GENERAL COUNSEL 11.30 26.20 X 63411 147960 20099 XIOMARA FOX MANAGER-MEMBER SERVICES 3.20 34.30 X 11675 125671 54877 ONYI ATANMO MARKETING AND COMMUNICATIONS MANAGER 33.75 3.75 X 105186 11687 21694 446099 1274807 331943 2 0 1 0 0 1341559 1341559 REGISTRATION FEES 611710 1357129 1357129 1357129 3354 3354 9837 6338 3499 3499 3499 2705541 1357129 0 6853 X 214621 156389 58232 1065003 776023 288980 58760 42810 15950 123402 90243 33159 96353 70209 26144 5996 5996 13457 13457 1184 1184 336513 230797 105716 2319 2319 116920 85196 31724 121348 88422 32926 26805 19533 7272 508476 370526 137950 15843 11545 4298 DUES & SUBSCRIPTIONS 2890 2106 784 2709890 1946118 763772 0 252126 430556 17809 21616 11000 52500 110288 120306 391223 624978 152961 119684 62683 40897 1301834 1590652 1517478 1751233 X -1207862 -1207862 81607 81607 -1126255 -1126255 391223 624978 -4349 4349 0 X 0 1 X 1 0 X 908226 1074394 1361206 1272965 1341559 5958350 1577290 1519157 1336743 1573475 1357129 7363794 2485516 2593551 2697949 2846440 2698688 13322144 908226 600120 1361206 1272965 1341559 5484076 0 908226 600120 1361206 1272965 1341559 5484076 7838068 15202 9405 2363 2929 3354 33253 15202 9405 2363 2929 3354 33253 2500718 2602956 2700312 2849369 2702042 13355397 0.58690 0.57970 0.00250 0.00570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTIES 1590652 1590652 X 11051707 4349 8343001 8347350 2704357 1184 1184 2705541 10996562 8287856 8287856 2708706 1184 1184 2709890 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF MAY 31, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2022 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' REVENUE 10,742,160. INTERCOMPANY ELIMINATIONS -2,399,159. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' EXPENSES 10,687,015. INTERCOMPANY ELIMINATIONS -2,399,159. 0 0 0 0 0 0 0 1 0 CALVIN HARRIS CPA CHIEF EXECUTIVE OFFICER 56359 319366 5250 29750 262 1486 3266 18507 6719 38077 71856 407186 0 0 PATRICK PAYANO CPA CHIEF FINANCIAL OFFICER 104145 173574 0 0 304 506 7585 12642 20255 33757 132289 220479 0 0 AMY WILLIAMS CHIEF OPERATING OFFICER 18544 213257 0 0 76 876 1532 17617 1368 15733 21520 247483 0 0 TIMOTHY TWOFOOT BOULETTE ESQ GENERAL COUNSEL 62893 146750 0 0 518 1210 5105 11913 924 2157 69440 162030 0 0 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 33843 135371 0 0 83 331 1934 7734 3967 15869 39827 159305 0 0 XIOMARA FOX MANAGER-MEMBER SERVICES 11535 124165 0 0 140 1506 478 5145 4187 45067 16340 175883 0 0 EMILY FRIZZELL CHIEF MARKETING & COMMUNICATIONS DIR 46791 114557 0 0 170 415 3565 8729 4761 11656 55287 135357 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS ESTABLISHED BY A RELATED ORGANIZATION, THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (NYCPA). THE METHODS USED BY NYCPA TO DETERMINE COMPENSATION ARE: WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY, AND APPROVAL BY BOARD. PART I, LINE 7 A BOARD-APPROVED DISCRETIONARY BONUS WAS AWARDED BASED ON THE INDIVIDUAL'S PERFORMANCE EVALUATION. FORM 990, PART V, LINE 2B: THE TAXPAYER HAS COMMON PAYMASTER, THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (TAX ID#13-1101547) WHO FILES ALL FORM W-2'S AND PAYROLL TAX RETURN 941'S. FORM 990, PART VI, SECTION A, LINE 6 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS IS THE SOLE MEMBER OF FOUNDATION FOR ACCOUNTING EDUCATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS AS A SOLE MEMBER HAS THE POWER TO APPOINT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS AS A SOLE MEMBER HAS THE POWER TO REMOVE ANY TRUSTEES OF THE ORGANIZATION WITH OR WITHOUT CAUSE, AND TO FILL ANY VACANCIES ARISING FROM ANY CIRCUMSTANCES ON THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED FROM MANAGEMENT. THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE BOARD OF TRUSTEES IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FAE HAS ADOPTED THE CONFLICT OF INTEREST POLICY OF ITS SOLE MEMBER, THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS. THAT POLICY REQUIRES ALL TRUSTEES AND EMPLOYEES, AND CERTAIN KEY VOLUNTEERS ANNUALLY TO READ THE NYCPA CONFLICT OF INTEREST POLICY AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. CONFLICTS ARE REFERRED TO LEGAL COUNSEL AND ARE DETERMINED EITHER NOT TO BE CONFLICTS OR RESULT IN RECUSAL FROM THE DECISION INVOLVING THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON THE ORGANIZATIONS WEBSITE. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 230,797. MANAGEMENT AND GENERAL EXPENSES 105,716. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 336,513. THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 131101547 PROFESSIONAL SOCIETY NY 501(C)(6) N/A 0 MOYNIHAN SCHOLARSHIP FUND INC 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 822444864 CHARITABLE AND EDUCATION NY 501(C)(3) LINE 7 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS C 1341559 FMV THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS N 121348 FMV THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS P 208699 FMV THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS O 1556959 FMV