Nonprofit · EIN 23-7063497
FINANCIAL EDUCATION & RESEARCH FOUNDATION INC
Also known as FERF
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,618,918 | $3,854,228 | -$235,310 | $4,776,382 | $891,922 | $3,884,460 |
| June 30, 2024 | 990 | $3,515,662 | $3,836,391 | -$320,729 | $4,597,523 | $821,394 | $3,776,129 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $384,667
- Program service revenue
- $3,119,785
- Investment income
- $83,476
- Royalties
- $2,100
- Net income from sales of inventory
- $3,477
- Other revenue
- $30,990
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,778
- Accounting fees
- $17,544
- Occupancy
- $36,084
- Travel
- $33,931
- Program services (functional)
- $2,477,474
- Management and general (functional)
- $1,225,051
- Fundraising (functional)
- $151,703
Balance sheet and other
- Total assets, start of year
- $4,597,523
- Total assets, end of year
- $4,776,382
- Total liabilities, end of year
- $891,922
- Net assets, end of year
- $3,884,460
- Publicly traded securities
- $3,264,458
- Net assets without donor restrictions
- $3,884,460
- Gross receipts
- $3,654,175
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1944
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Andrej S Suskavcevic CAE | Pres./CEO-Trustee:Ex-Officio Trustee or director, Officer | 2 | $0 | $578,442 | $49,660 |
| Liliana Devita | COO & Secretary Officer | 2 | $0 | $228,347 | $45,370 |
| Maria O'Grady | Treasurer Officer | 2 | $0 | $200,668 | $31,420 |
| Nicholas Koutouras | VICE CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LORI TANSLEY | CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Vickie Wong | VICE CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Andrej Suskavcevic | Pres./CEO-Trustee:Ex-Officio Trustee or director, Officer | 2 | $0 | $537,559 | $47,548 |
| Liliana Devita | COO & Secretary Officer | 2 | $0 | $209,577 | $42,372 |
| Maria O'Grady | Treasurer Officer | 2 | $0 | $184,773 | $28,467 |
| MAGGIE MARTENSEN | CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LORI TANSLEY | VICE CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN WHITE | VICE CHAIR, TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 89 HEADQUARTERS PLAZA STE 1462, MORRISTOWN, NJ 07960-6834
- In care of
- % MARIA OGRADY
- Principal officer (990 for 2024)
- ANDREJ SUSKAVCEVIC, 89 Headquarters Plaza Ste 1462, Morristown, NJ 07960
- Signed the 990
- ANDREJ SUSKAVCEVIC, PRESIDENT & CEO
- Phone
- (973) 765-1000
- Website
- WWW.FERF.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
SEE SCHEDULE O
Program accomplishments
- THE FOUNDATION PRODUCED 14 EVENTS AND DEEP-DIVE TECHNICAL TRAINING WORKSHOPS, ALONG WITH 25 WEBINARS WITH FEI'S MARKETING PARTNERS TO FURTHER THE PROFESSIONAL DEVELOPMENT AND GROWTH OF MEMBERS AND ATTENDEES (APPROXIMATELY 12,300 REGISTRANTS).Expenses $1,775,503 · revenue $2,714,853
- The Foundation published and produced executive reports with distribution methods that create interactive content and conversations around topics and thought leadership, engaging FEI members and the profession at large throughout the research cycle. FEI DAILY DELIVERS FINANCIAL, BUSINESS, AND MANAGEMENT NEWS, AND TRENDS AND STRATEGIES TO HELP FINANCIAL LEADERS WORK BETTER, FASTER, AND SMARTER. FERF'S TEAM OF EXPERT CONTRIBUTORS OFFERS ANALYSIS, TIPS, AND INSIGHTS INTO BEST PRACTICES AND THE CHANGING REGULATORY LANDSCAPE. THE HOME PAGE PROVIDES AT-A-GLANCE NEWS AND INFORMATION REFLECTING THE LATEST DEVELOPMENTS IN FINANCIAL REPORTING, GOVERNANCE AND OTHER CRITICAL TOPICS FOR FINANCIAL LEADERS. THE FEI WEEKLY EMAIL IS SHARED WITH MEMBERS AND SUBSCRIBERS, PROVIDING A ROUND-UP OF IMPORTANT NEWS THAT'S TOP OF MIND OF FINANCE LEADERS. NEW EPISODES OF THE FEI WEEKLY PODCAST ARE AVAILABLE VIA THE HOMEPAGE. DELIVERED IN AN AUDIO DIGEST FORMAT, THESE EPISODES SPOTLIGHT IDEAS AND STRATEGIES SPECIFICALLY CURATED FOR FINANCIAL LEADERS. FEI ENGAGE IS DESIGNED TO HELP THE NEXT GENERATION OF FINANCIAL PROFESSIONALS SEEKING TO INTERACT WITH LIKE-MINDED FINANCE SPECIALISTS WITH A SPECIAL FOCUS ON INDUSTRY KNOWLEDGE, PURPOSE DRIVEN CAREERS AND INCLUSIVE WORKPLACES.Expenses $701,971 · revenue $404,932
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7063497
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,776,382
- Income (IRS master file)
- $3,654,175
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,618,918 | $3,854,228 | $4,776,382 | IRS |
| 990 | June 2024 | $3,515,662 | $3,836,391 | $4,597,523 | XML |
| 990 | June 2023 | $3,249,552 | $3,349,948 | $4,697,755 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7063497).
Questions about FINANCIAL EDUCATION & RESEARCH FOUNDATION INC
- What is the EIN of FINANCIAL EDUCATION & RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of FINANCIAL EDUCATION & RESEARCH FOUNDATION INC is 23-7063497.
- Is FINANCIAL EDUCATION & RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to FINANCIAL EDUCATION & RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FINANCIAL EDUCATION & RESEARCH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FINANCIAL EDUCATION & RESEARCH FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINANCIAL EDUCATION & RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FINANCIAL EDUCATION & RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ANDREJ SUSKAVCEVIC.
- Who are the officers and directors of FINANCIAL EDUCATION & RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FINANCIAL EDUCATION & RESEARCH FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,618,918, expenses of $3,854,228 and total assets of $4,776,382 at year end.
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