Nonprofit · EIN 23-7171151
FOUNDATION FOR ACCOUNTING EDUCATION INC
Tax-exempt · NEW YORK, NY 10016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $2,705,541 | $2,709,890 | -$4,349 | $624,978 | $1,751,233 | -$1,126,255 |
| May 31, 2024 | 990 | $2,852,211 | $2,860,360 | -$8,149 | $391,223 | $1,517,478 | -$1,126,255 |
| May 31, 2023 | 990 | $2,700,881 | $2,697,135 | $3,746 | $601,041 | $1,727,296 | -$1,126,255 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,341,559
- Program service revenue
- $1,357,129
- Investment income
- $6,853
- Net gain from sales of assets
- $3,499
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $214,621
- Other salaries and wages
- $1,065,003
- Salaries, compensation and benefits (total)
- $1,558,139
- Professional fundraising fees
- $0
- Legal fees
- $5,996
- Accounting fees
- $13,457
- Occupancy
- $121,348
- Travel
- $26,805
- Program services (functional)
- $1,946,118
- Management and general (functional)
- $763,772
Balance sheet and other
- Total assets, start of year
- $391,223
- Total assets, end of year
- $624,978
- Total liabilities, end of year
- $1,751,233
- Net assets, end of year
- -$1,126,255
- Publicly traded securities
- $120,306
- Net assets without donor restrictions
- -$1,207,862
- Net assets with donor restrictions
- $81,607
- Gross receipts
- $2,711,879
- Employees
- 33
- Volunteers
- 1,041
- Year formed
- 1972
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CALVIN HARRIS CPA | CHIEF EXECUTIVE OFFICER Officer | 5.6 | $61,871 | $350,602 | $66,569 |
| PATRICK PAYANO CPA | CHIEF FINANCIAL OFFICER Officer | 14 | $104,449 | $174,080 | $74,239 |
| AMY WILLIAMS | CHIEF OPERATING OFFICER Officer | 3 | $18,620 | $214,133 | $36,250 |
| TIMOTHY TWOFOOT BOULETTE ESQ | GENERAL COUNSEL Highest-paid employee | 11.3 | $63,411 | $147,960 | $20,099 |
| ANTOINE JULIAN FLETCHER | DIRECTOR-HUMAN RESOURCES Highest-paid employee | 7.5 | $33,926 | $135,702 | $29,504 |
| XIOMARA FOX | MANAGER-MEMBER SERVICES Highest-paid employee | 3.2 | $11,675 | $125,671 | $54,877 |
| EMILY FRIZZELL | CHIEF MARKETING & COMMUNICATIONS DIR Highest-paid employee | 10.9 | $46,961 | $114,972 | $28,711 |
| ONYI ATANMO | MARKETING AND COMMUNICATIONS MANAGER Highest-paid employee | 33.75 | $105,186 | $11,687 | $21,694 |
| BARBARA MARINO CPA | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| GEORGE RUBINO CPA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J MICHAEL KIRKLAND CPA | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| KENNEETH GRALAK CPA | PRESIDENT-ELECT Trustee or director, Officer | 3 | $0 | $0 | $0 |
| MAGDALENA CZERNIAWSKI CPA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA JOHNSON CPA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SHARI E BERK CPA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN M MORSE CPA | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM H DRESNACK CPA | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended May 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CALVIN HARRIS | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 5.6 | $60,975 | $345,522 | $52,926 |
| PATRICK PAYANO | CHIEF FINANCIAL OFFICER Officer | 13.8 | $101,538 | $174,756 | $64,936 |
| TIMOTHY TWOFOOT BOULETTE | GENERAL COUNSEL Highest-paid employee | 11.3 | $60,355 | $140,827 | $18,641 |
| XIOMARA FOX | MANAGER-MEMBER SERVICES Highest-paid employee | 3.2 | $11,317 | $121,817 | $53,767 |
| ANTOINE JULIAN FLETCHER | DIRECTOR-HUMAN RESOURCES Highest-paid employee | 7.5 | $30,303 | $121,213 | $31,282 |
| EMILY FRIZZELL | CHIEF MARKETING & COMMUNICATIONS DIR. Highest-paid employee | 10.9 | $40,813 | $99,921 | $27,408 |
| AMY WILLIAMS | CHIEF OPERATING OFFICER Officer | 3.4 | $8,320 | $84,125 | $15,155 |
| REVIRA BRENNAN | OUTGOING CHIEF OPERATING OFFICER Officer | 7.7 | $10,905 | $42,288 | $4,872 |
| BARBARA MARINO | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| GEORGE RUBINO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J MICHAEL KIRKLAND | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KENNEETH GRALAK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MAGDALENA CZERNIAWSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA JOHNSON | PAST PRESIDENT Trustee or director | 1 | $0 | $0 | $0 |
| TIMOTHY J HAMMOND | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE S BARRY | OUTGOING CHIEF EXECUTIVE OFFICER Officer | 5.6 | $49,139 | $278,457 | $35,339 |
| ERNEST MARKEZIN | DIRECTOR OF QUALITY ENHANCEMENT Key employee | 2.2 | $13,820 | $226,536 | $43,249 |
| PATRICK PAYANO | CHIEF FINANCIAL OFFICER Officer | 13.8 | $73,978 | $127,323 | $38,802 |
| REVIRA BRENNAN | CHIEF OPERATING OFFICER Officer | 7.7 | $42,843 | $166,147 | $24,517 |
| CALVIN HARRIS | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 5.6 | $31,020 | $175,781 | $23,843 |
| TIMOTHY TWOFOOT BOULETTE | GENERAL COUNSEL Highest-paid employee | 11.3 | $51,254 | $119,591 | $16,745 |
| XIOMARA FOX | MANAGER-MEMBER SERVICES Highest-paid employee | 3.2 | $10,296 | $110,833 | $50,662 |
| EMILY FRIZZELL | CHIEF MARKETING AND COMMUNICATIONS DIRECTOR Highest-paid employee | 10.9 | $39,244 | $96,081 | $26,528 |
| ANTOINE JULIAN FLETCHER | DIRECTOR-HUMAN RESOURCES Highest-paid employee | 7.5 | $25,704 | $102,815 | $27,353 |
| BARBARA MARINO | PRESIDENT-ELECT Trustee or director, Officer | 3 | $0 | $0 | $0 |
| DENISE STEFANO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KENNEETH GRALAK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN MATZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MAGDALENA CZERNIAWSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA JOHNSON | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| TIMOTHY J HAMMOND | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 MADISON AVENUE 11TH FLOOR, NEW YORK, NY 10016-4049
- Principal officer (990 for 2024)
- CALVIN HARRIS JR, 200 MADISON AVENUE 11TH FLOOR, NEW YORK, NY 10016
- Signed the 990
- CALVIN HARRIS JR, CHIEF EXECUTIVE OFFICER
- Phone
- (212) 719-8300
- Website
- WWW.NYSSCPA.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO PROVIDE LIFELONG CONTINUING EDUCATION TO CERTIFIED PUBLIC ACCOUNTANTS IN NEW YORK STATE.
Program accomplishments
- 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.Expenses $1,946,118 · revenue $1,357,129
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7171151
- 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
- 1972
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B50I)
- Assets (IRS master file)
- $624,978
- Income (IRS master file)
- $2,711,879
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $2,705,541 | $2,709,890 | $624,978 | XML |
| 990 | May 2024 | $2,852,211 | $2,860,360 | $391,223 | XML |
| 990 | May 2023 | $2,700,881 | $2,697,135 | $601,041 | XML |
| 990 | May 2022 | $2,606,275 | $2,593,865 | $787,618 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 23-7171151).
Questions about FOUNDATION FOR ACCOUNTING EDUCATION INC
- What is the EIN of FOUNDATION FOR ACCOUNTING EDUCATION INC?
- The employer identification number (EIN) of FOUNDATION FOR ACCOUNTING EDUCATION INC is 23-7171151.
- Is FOUNDATION FOR ACCOUNTING EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to FOUNDATION FOR ACCOUNTING EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR ACCOUNTING EDUCATION 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 FOUNDATION FOR ACCOUNTING EDUCATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR ACCOUNTING EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of FOUNDATION FOR ACCOUNTING EDUCATION INC?
- The 990 for the year ended May 31, 2025 names CALVIN HARRIS JR.
- Who are the officers and directors of FOUNDATION FOR ACCOUNTING EDUCATION INC?
- The 990 for the year ended May 31, 2025 lists 17 people; 8 received compensation from the organization, the highest $61,871 (CALVIN HARRIS CPA, CHIEF EXECUTIVE OFFICER).
- How much revenue does FOUNDATION FOR ACCOUNTING EDUCATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $2,705,541, expenses of $2,709,890 and total assets of $624,978 at year end.
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