Nonprofit · EIN 23-7211935
FINANCIAL ACCOUNTING FOUNDATION
Tax-exempt · NORWALK, CT 06851
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $74,918,586 | $74,993,528 | -$74,942 | $162,653,727 | $38,047,202 | $124,606,525 |
| December 31, 2024 | 990 | $86,069,514 | $73,139,080 | $12,930,434 | $161,078,997 | $39,641,440 | $121,437,557 |
| December 31, 2023 | 990 | $80,802,018 | $70,089,773 | $10,712,245 | $145,667,550 | $38,632,465 | $107,035,085 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $4,182,468
- Royalties
- $4,698
- Other revenue
- $70,736,118
Expenses
- Grants and similar amounts paid
- $14,000
- Compensation of officers, directors and key employees
- $7,675,196
- Other salaries and wages
- $36,392,520
- Salaries, compensation and benefits (total)
- $52,942,875
- Professional fundraising fees
- $0
- Legal fees
- $172,576
- Accounting fees
- $184,468
- Occupancy
- $2,549,041
- Travel
- $534,839
- Depreciation
- $7,412,252
- Program services (functional)
- $58,537,910
- Management and general (functional)
- $16,455,618
Balance sheet and other
- Total assets, start of year
- $161,078,997
- Total assets, end of year
- $162,653,727
- Total liabilities, end of year
- $38,047,202
- Net assets, end of year
- $124,606,525
- Land, buildings and equipment
- $23,071,073
- Publicly traded securities
- $99,633,175
- Net assets without donor restrictions
- $124,606,525
- Gross receipts
- $74,918,586
- Employees
- 181
- Volunteers
- 175
- Year formed
- 1972
- State of legal domicile
- DE
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Richard R Jones | Chair, FASB Key employee | 40 | $1,395,371 | $83,905 |
| Hillary H Salo | Vice Chair FASB Key employee | 40 | $1,190,290 | $67,409 |
| Frederick L Cannon | FASB Member Highest-paid employee | 40 | $1,093,410 | $80,676 |
| Christine Ann Botosan | FASB Member Highest-paid employee | 40 | $1,084,241 | $86,004 |
| Joyce T Joseph | FASB Member Highest-paid employee | 40 | $1,084,808 | $72,686 |
| Marsha L Hunt | FASB Member Highest-paid employee | 40 | $1,085,797 | $59,523 |
| Susan M Cosper | FASB Member Highest-paid employee | 40 | $1,069,720 | $71,186 |
| Joel Black | Chair, GASB Key employee | 40 | $847,042 | $78,523 |
| John W Auchincloss | Executive Director (THRU 09/30/25) Officer | 40 | $796,972 | $75,335 |
| Mary P Crotty | VP/Chief Operating Officer Officer | 40 | $630,310 | $77,487 |
| Steven A Hobbs | VP/General Counsel Officer | 40 | $567,650 | $75,487 |
| Edward C Bernard | Chair Trustee or director, Officer | 15 | $210,000 | $0 |
| Erin Hill | Executive Director (AS OF 10/1/25) Officer | 40 | $166,467 | $24,670 |
| Lynette Kelly | Trustee Trustee or director | 5 | $122,000 | $0 |
| Manju Ganeriwala | Trustee, Sec & Treasurer Trustee or director, Officer | 4 | $112,000 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy L Christen | Vice Chair Trustee or director, Officer | 4 | $112,000 |
| Richard N Reisig | Trustee Trustee or director | 4 | $112,000 |
| Sarah E Smith | Trustee Trustee or director | 4 | $112,000 |
| Diane C Nordin | Trustee Trustee or director | 3 | $90,000 |
| Edward J Goldthorpe | Trustee Trustee or director | 3 | $90,000 |
| Elizabeth A Pearce | Trustee Trustee or director | 3 | $90,000 |
| Luis A Aguilar | Trustee (AS OF 01/25) Trustee or director | 3 | $90,000 |
| Marion M Gee | Trustee Trustee or director | 3 | $90,000 |
| Michael B Clement | Trustee Trustee or director | 3 | $90,000 |
| Paul A Quinsee | Trustee (AS OF 01/25) Trustee or director | 3 | $90,000 |
| Pratt Bhatt | Trustee (AS OF 01/25) Trustee or director | 3 | $90,000 |
| W Bryan Lewis | Trustee Trustee or director | 3 | $90,000 |
| Robin L Washington | Trustee Trustee or director | 3 | $22,500 |
990 for the year ended December 31, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD R JONES | CHAIR, FASB Key employee | 40 | $1,309,483 | $82,235 |
| HILLARY SALO | VICE CHAIR (AS OF 7/24) Key employee | 40 | $1,154,736 | $49,138 |
| SUSAN M COSPER | FASB MEMBER Highest-paid employee | 40 | $1,060,260 | $76,518 |
| FREDERICK L CANNON | FASB MEMBER Highest-paid employee | 40 | $1,025,991 | $79,642 |
| CHRISTINE ANN BOTOSAN | FASB MEMBER Highest-paid employee | 40 | $1,018,218 | $84,305 |
| JOYCE JOSEPH | FASB MEMBER Highest-paid employee | 40 | $1,018,147 | $71,773 |
| MARSHA L HUNT | FASB MEMBER Highest-paid employee | 40 | $1,019,301 | $58,701 |
| JOEL BLACK | CHAIR, GASB Key employee | 40 | $792,264 | $75,191 |
| JOHN W AUCHINCLOSS | EXECUTIVE DIRECTOR Officer | 40 | $745,612 | $74,488 |
| JAMES L KROEKER | VICE CHAIR (THRU 06/24) Key employee | 40 | $612,586 | $65,402 |
| MARY P CROTTY | VP/CHIEF OPERATING OFFICER Officer | 40 | $586,906 | $76,461 |
| STEVEN A HOBBS | VP-GENERAL COUNSEL Officer | 40 | $533,414 | $74,641 |
| EDWARD BERNARD | CHAIR Trustee or director, Officer | 15 | $200,000 | $0 |
| TIMOTHY L CHRISTEN | VICE CHAIR Trustee or director, Officer | 4 | $97,000 | $0 |
| MANJU GANERIWALA | TRUSTEE, SEC & TREASURER Trustee or director, Officer | 4 | $97,000 | $0 |
| BRUCE T HERRING | TRUSTEE (THRU 12/24) Trustee or director | 4 | $97,000 | $0 |
| LYNNETTE KELLY | TRUSTEE Trustee or director | 4 | $97,000 | $0 |
| LAWRENCE SALVA | TRUSTEE (THRU 12/24) Trustee or director | 4 | $97,000 | $0 |
| MICHAEL B CLEMENT | TRUSTEE (AS OF 1/24) Trustee or director | 3 | $80,000 | $0 |
| MARION M GEE | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| EDWARD J GOLDTHORPE | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| W BRYAN LEWIS | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| DIANE C NORDIN | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| ELIZABETH A PEARCE | TRUSTEE (AS OF 1/24) Trustee or director | 3 | $80,000 | $0 |
| RICHARD N REISIG | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| SARAH E SMITH | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| SHUNDRAWN A THOMAS | TRUSTEE (THRU 12/24) Trustee or director | 3 | $80,000 | $0 |
| ROBIN L WASHINGTON | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| TIMOTHY F RYAN | TRUSTEE (THRU 12/24) Trustee or director | 3 | $0 | $0 |
| Michael T Rollings | TRUSTEE (THRU 12/24) Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD R JONES | CHAIR, FASB Key employee | 40 | $1,286,406 | $85,683 |
| JAMES L KROEKER | VICE CHAIR Officer | 40 | $1,121,052 | $86,679 |
| FREDERICK L CANNON | FASB MEMBER Highest-paid employee | 40 | $1,011,709 | $82,250 |
| CHRISTINE ANN BOTOSAN | FASB MEMBER Highest-paid employee | 40 | $1,000,761 | $87,885 |
| MARSHA L HUNT | FASB MEMBER Highest-paid employee | 40 | $1,003,251 | $68,099 |
| SUSAN M COSPER | FASB MEMBER Highest-paid employee | 40 | $982,077 | $87,886 |
| JOEL BLACK | CHAIR, GASB Key employee | 40 | $778,761 | $78,998 |
| JOHN W AUCHINCLOSS | EXECUTIVE DIRECTOR Officer | 40 | $734,936 | $77,819 |
| JOYCE JOSEPH | FASB MEMBER (APPOINTED 7/1/2023) Highest-paid employee | 40 | $673,369 | $59,771 |
| MARY P CROTTY | VP/CHIEF OPERATING OFFICER Officer | 40 | $573,442 | $78,639 |
| STEVEN A HOBBS | VP-GENERAL COUNSEL Officer | 40 | $521,199 | $77,813 |
| EDWARD BERNARD | CHAIR Trustee or director, Officer | 15 | $200,000 | $0 |
| MARY E BARTH | TRUSTEE Trustee or director | 4 | $97,000 | $0 |
| BRUCE T HERRING | TRUSTEE Trustee or director | 3 | $97,000 | $0 |
| LYNNETTE KELLY | TRUSTEE Trustee or director | 3 | $97,000 | $0 |
| DAVID H LILLARD JR | TRUSTEE Trustee or director | 4 | $97,000 | $0 |
| LAWRENCE SALVA | TRUSTEE Trustee or director | 4 | $97,000 | $0 |
| TIMOTHY L CHRISTEN | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| MANJU GANERIWALA | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| MARION GEE | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| EDWARD J GOLDTHORPE | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| W BRYAN LEWIS | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| DIANE C NORDIN | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| RICHARD N REISIG | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| SARAH E SMITH | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| SHUNDRAWN A THOMAS | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| ROBIN L WASHINGTON | TRUSTEE Trustee or director | 3 | $80,000 | $0 |
| MICHAEL T ROLLINGS | TRUSTEE Trustee or director | 3 | $0 | $0 |
| TIMOTHY F RYAN | TRUSTEE Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 801 MAIN AVE, NORWALK, CT 06851-1127
- In care of
- % PETER SPENCER
- Principal officer (990 for 2025)
- ERIN HILL, 801 Main Avenue, Norwalk, CT 068511127
- Signed the 990
- Erin Hill, EXECUTIVE DIRECTOR
- Phone
- (203) 847-0700
- Return prepared by
- BDO USA
Mission
Establish and improve high-quality financial accounting and reporting standards that provide information useful in decision making to investors and other users of financial reports and improving all stakeholders' understanding of those standards and preparers' ability to implement them effectively.
Program accomplishments
- FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND FINANCIAL ACCOUNTING STANDARDS ADVISORY COUNCIL (FASAC): ESTABLISHED IN 1973, THE FASB IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION, BASED IN NORWALK, CONNECTICUT, THAT ESTABLISHES FINANCIAL ACCOUNTING AND REPORTING STANDARDS FOR PUBLIC AND PRIVATE COMPANIES AND NOT-FOR-PROFIT ORGANIZATIONS THAT FOLLOW GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). THE FASB IS RECOGNIZED BY THE SECURITIES AND EXCHANGE COMMISSION AS THE DESIGNATED ACCOUNTING STANDARD SETTER FOR PUBLIC COMPANIES. FASB STANDARDS ARE RECOGNIZED AS AUTHORITATIVE BY MANY OTHER ORGANIZATIONS, INCLUDING STATE BOARDS OF ACCOUNTANCY AND THE AMERICAN INSTITUTE OF CPAS (AICPA). THE FASB ESTABLISHES AND IMPROVES STANDARDS OF FINANCIAL ACCOUNTING AND REPORTING THAT FOSTER FINANCIAL REPORTING FOR NONGOVERNMENTAL ENTITIES THAT PROVIDES DECISION-USEFUL INFORMATION TO INVESTORS AND OTHER USERS OF FINANCIAL REPORTS. THE FINANCIAL ACCOUNTING FOUNDATION (FAF) SUPPORTS AND OVERSEES THE FASB. THE FOLLOWING ARE SOME SPECIFIC ACCOMPLISHMENTS AND INITIATIVES IN 2025 RELATED TO SPECIFIC AGENDA ITEMS AND IMPROVING GAAP IN GENERAL. HOWEVER, FOR A COMPLETE AND DETAILED PICTURE OF THE WORK OF THE FASB, INCLUDING CURRENT AND COMPLETED PROJECTS, EXPECTED TIMING, AND OTHER INFORMATION, PLEASE VISIT FASB.ORG. IN ADDITION, THE FAF ANNUAL REPORT PROVIDES A HIGHLIGHT OF FASB'S 2025 ACCOMPLISHMENTS AND CAN BE FOUND AT ACCOUNTINGFOUNDATION.ORG. THE FASB COMPLETED A VARIETY OF PROJECTS TO IMPROVE THE DECISION-USEFULNESS OF INFORMATION PROVIDED TO INVESTORS AND OTHER USERS OF FINANCIAL REPORTS, ISSUING TWELVE FINAL ACCOUNTING STANDARDS UPDATES (ASU) AND THREE PROPOSED ASUS, THE FASB STAFF ISSUED INVITATIONS TO COMMENT TO SOLICIT INPUT FROM STAKEHOLDERS ON THE AGENDA CONSULTATION. THE PRIVATE COMPANY COUNCIL (PCC) CONTINUES ITS WORK WITH IMPROVEMENTS THAT ADDRESS THE NEEDS OF USERS OF PRIVATE COMPANY FINANCIAL STATEMENTS AND ADVISED THE FASB DURING 2025 ON A NUMBER OF ASUS AND PROPOSED ASUS. THE FASB CONTINUED WITH THE DEVELOPMENT OF THE GAAP FINANCIAL REPORTING TAXONOMY (TAXONOMY) FOR EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL). THE FASB CONDUCTED EXTENSIVE OUTREACH AND OTHER COMMUNICATIONS WITH STAKEHOLDERS, INCLUDING NUMEROUS MEETINGS WITH USERS, PREPARERS, LIAISON GROUPS, AUDITORS, AND OTHER STAKEHOLDERS. OUTREACH ACTIVITIES ALSO INCLUDED VARIOUS COMMUNICATIONS AND OTHER ACTIVITIES INCLUDING: FASB MEMBERS AND STAFF DELIVERED SPEECHES AT 135 DIFFERENT EVENTS DURING THE YEAR; 55 PRESS RELEASES, MEDIA ADVISORIES, AND MEETING RECAPS WERE ISSUED ON A VARIETY OF FASB STANDARD SETTING ACTIVITIES, WITH ACCOMPANYING SOCIAL MEDIA; 11 EDUCATIONAL WEBCASTS AND VIDEOS WERE PROVIDED, AND 22 MEETINGS WERE HELD WITH NATIONAL AND INTERNATIONAL STANDARD SETTERS. THE FASAC, WHICH COMPRISES 36 VOLUNTEER MEMBERS (WITH THE EXCEPTION OF ITS CHAIR, WHO IS COMPENSATED) REPRESENTING A BROAD CROSS-SECTION OF THE FASB'S STAKEHOLDERS, MET FOUR TIMES IN 2025. THE PRIMARY FUNCTION OF FASAC IS TO ADVISE THE FASB ON ISSUES RELATED TO PROJECTS ON THE FASB'S AGENDA, POSSIBLE NEW AGENDA ITEMS, PROJECT PRIORITIES, PROCEDURAL MATTERS THAT MAY REQUIRE THE ATTENTION OF THE FASB, AND OTHER MATTERS AS REQUESTED. FASB'S OTHER ADVISORY GROUPS, INCLUDING THE INVESTOR ADVISORY COMMITTEE, THE NOT-FOR-PROFIT ADVISORY COMMITTEE, THE SMALL BUSINESS ADVISORY COMMITTEE, AND THE EMERGING ISSUES TASK FORCE ALL HELD MEETINGS IN 2025 TO SUPPORT THE EFFORTS OF THE FASB.Expenses $38,275,632 · grants $14,000 · revenue $32,828,729
- GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) GOVERNMENTAL ACCOUNTING STANDARDS ADVISORY COUNCIL (GASAC) ESTABLISHED IN 1984, THE GASB IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION, BASED IN NORWALK, CONNECTICUT, THAT ESTABLISHES FINANCIAL ACCOUNTING AND REPORTING STANDARDS FOR U.S. STATE AND LOCAL GOVERNMENTS THAT FOLLOW GAAP. THESE STANDARDS ARE RECOGNIZED AS AUTHORITATIVE BY STATE AND LOCAL GOVERNMENTS; STATE BOARDS OF ACCOUNTANCY; AND THE AMERICAN INSTITUTE OF CPAS (AICPA). THE GASB DEVELOPS AND ISSUES FINANCIAL ACCOUNTING STANDARDS THROUGH A TRANSPARENT AND INCLUSIVE PROCESS INTENDED TO PROMOTE FINANCIAL REPORTING THAT PROVIDES USEFUL INFORMATION TO TAXPAYERS, PUBLIC OFFICIALS, INVESTORS, AND OTHERS WHO USE FINANCIAL REPORTS. THE FINANCIAL ACCOUNTING FOUNDATION (FAF) SUPPORTS AND OVERSEES THE GASB. WHETHER SETTING NEW STANDARDS, IMPROVING EXISTING ONES, OR HELPING CONSTITUENTS TO IMPLEMENT AND UNDERSTAND THOSE STANDARDS, GASB'S AIM IS TO PROMOTE GREATER TRANSPARENCY, TO SUPPORT WELL-INFORMED DECISION MAKING, AND TO HELP USERS ASSESS A GOVERNMENT'S FINANCIAL ACCOUNTABILITY. FOR A COMPLETE AND DETAILED PICTURE OF THE WORK OF THE GASB, CURRENT AND COMPLETED PROJECTS, TIMETABLES AND OTHER INFORMATION, PLEASE VISIT GASB.ORG. IN ADDITION, THE FAF ANNUAL REPORT PROVIDES A DETAILED TIMETABLE OF GASB'S 2025 ACCOMPLISHMENTS AND CAN BE FOUND AT ACCOUNTINGFOUNDATION.ORG. BELOW ARE SOME OF THE KEY HIGHLIGHTS IN 2025. IN 2025, GASB ISSUED ONE FINAL STATEMENTS (Statement No. 105, Subsequent Events) which was developed to improve the description and requirements of subsequent events so the standard can be more consistently applied. WHILE THE MAJORITY OF ITS TIME IS DEVOTED TO DEVELOPING ACCOUNTING AND FINANCIAL REPORTING STANDARDS, THE GASB STAFF ALSO HELPS STAKEHOLDERS UNDERSTAND AND IMPLEMENT STANDARDS BY PROVIDING THEM WITH DIRECT ASSISTANCE ADDRESSING THEIR SPECIFIC FACTS AND CIRCUMSTANCES. OUTREACH AND OTHER STAKEHOLDER COMMUNICATIONS CONTINUED TO BE EXTENSIVE WITH NUMEROUS MEETINGS WITH LIAISON GROUPS AND INTERACTIONS WITH REPRESENTATIVES OF GASB'S THREE PRIMARY STAKEHOLDER GROUPS (USERS, PREPARERS, AND AUDITORS). GASB MEMBERS AND STAFF DELIVERED SPEECHES AT 92 DIFFERENT CONFERENCES DURING THE YEAR. THE GASB ISSUED 15 MEDIA ADVISORIES DURING THE YEAR. IN ADDITION, TWEETS WERE SENT ON A VARIETY OF GASB STANDARD SETTING ACTIVITIES AND THE GASB OFFERED 13 EDUCATIONAL WEBCASTS AND VIDEOS. THE THIRTY-ONE MEMBER GASAC IS AN ORGANIZATION OF KNOWLEDGEABLE AND EXPERIENCED PROFESSIONALS REPRESENTING THE GASB'S VARIED STAKEHOLDERS WHO VOLUNTEER THEIR SERVICES TO WORK WITH THE GASB IN AN ADVISORY CAPACITY TO ENHANCE THE STANDARD SETTING PROCESS BY CONSULTING WITH THE GASB ON TECHNICAL ISSUES, PROJECT PRIORITIES, AND OTHER MATTERS LIKELY TO CONCERN THE GASB. IN 2025, THE GASAC HELD THREE MEETINGS.Expenses $12,416,478 · revenue $17,298,100
- PUBLISHING AND LICENSING REPRESENTS THE DISTINCT ACTIVITIES OF CONTENT OPERATIONS, PRODUCING AND DISTRIBUTING THE FASB AND GASB STANDARD-SETTING MATERIALS. THIS INCLUDES PRODUCING AND DISTRIBUTING INDIVIDUAL EXPOSURE DRAFTS AND FINAL PRONOUNCEMENTS, UPDATES TO THE FASB CODIFICATION, AND GASB GOVERNMENTAL ACCOUNTING RESEARCH SYSTEM (GARS), AS WELL AS MANAGING THE PLATFORMS, INFORMATION ARCHITECTURE, PROCESSES, AND TOOLS SUPPORTING CONTENT OPERATIONS. THE FAF LICENSES THE CONTENT OF THE FASB ACCOUNTING STANDARDS CODIFICATION (FASB CODIFICATION) AND GASB MATERIALS TO COMMERCIAL PUBLISHERS AND OTHERS FOR SPECIFIC USES.Expenses $7,845,800 · revenue $20,604,591
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7211935
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W190)
- Assets (IRS master file)
- $162,653,727
- Income (IRS master file)
- $74,918,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $74,918,586 | $74,993,528 | $162,653,727 | IRS |
| 990 | December 2024 | $86,069,514 | $73,139,080 | $161,078,997 | IRS |
| 990 | December 2023 | $80,802,018 | $70,089,773 | $145,667,550 | XML |
| 990 | December 2022 | $75,595,678 | $63,894,591 | $140,571,027 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7211935).
Questions about FINANCIAL ACCOUNTING FOUNDATION
- What is the EIN of FINANCIAL ACCOUNTING FOUNDATION?
- The employer identification number (EIN) of FINANCIAL ACCOUNTING FOUNDATION is 23-7211935.
- Is FINANCIAL ACCOUNTING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to FINANCIAL ACCOUNTING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FINANCIAL ACCOUNTING FOUNDATION 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 ACCOUNTING FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINANCIAL ACCOUNTING FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FINANCIAL ACCOUNTING FOUNDATION?
- The 990 for the year ended December 31, 2025 names ERIN HILL.
- Who are the officers and directors of FINANCIAL ACCOUNTING FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 28 people; 28 received compensation from the organization, the highest $1,395,371 (Richard R Jones, Chair, FASB).
- How much revenue does FINANCIAL ACCOUNTING FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $74,918,586, expenses of $74,993,528 and total assets of $162,653,727 at year end.
Other nonprofits in NORWALK
- GORILLA GUARDIANS INC EIN 87-2196421 · last filed 990-N for 2025
- GENERAL ELECTRIC COMPANY INSURANCE PLAN TRUST CO V A DIAMANTE EIN 51-0169382 · last filed 990 for 2024
- NORWALK HOSPITAL ASSOCIATION EIN 06-6068853 · last filed 990 for 2025
- THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC EIN 06-1504413 · last filed 990 for 2025
- NORWALK HOSPITAL FOUNDATION INC EIN 22-2577707 · last filed 990 for 2025
- FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC EIN 06-1083893 · last filed 990 for 2025
- STAR INC LIGHTING THE WAY EIN 06-0726489 · last filed 990 for 2025
- WORLD HEALTH CLINICIANS INCORPORATED EIN 27-2210659 · last filed 990 for 2024
All nonprofits in NORWALK · Connecticut · Public and societal benefit