Nonprofit · EIN 52-1358631
IFA FOUNDATION
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $1,939,942 | $1,997,474 | -$57,532 | $10,757,969 | $285,551 | $10,472,418 |
| October 31, 2024 | 990 | $2,566,769 | $1,274,324 | $1,292,445 | $10,497,533 | $324,866 | $10,172,667 |
| October 31, 2023 | 990 | $917,988 | $1,152,732 | -$234,744 | $8,685,284 | $691,116 | $7,994,168 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $1,299,765
- Program service revenue
- $0
- Investment income
- $640,177
- Net gain from sales of assets
- $405,190
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,000
- Other salaries and wages
- $517,908
- Salaries, compensation and benefits (total)
- $664,021
- Professional fundraising fees
- $0
- Legal fees
- $267
- Travel
- $93,777
- Program services (functional)
- $1,997,474
Balance sheet and other
- Total assets, start of year
- $10,497,533
- Total assets, end of year
- $10,757,969
- Total liabilities, end of year
- $285,551
- Net assets, end of year
- $10,472,418
- Publicly traded securities
- $6,698,907
- Net assets without donor restrictions
- $7,406,591
- Net assets with donor restrictions
- $3,065,827
- Gross receipts
- $3,568,206
- Employees
- 0
- Volunteers
- 22
- Year formed
- 1983
- State of legal domicile
- DC
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW HALLER | PRESIDENT & CEO, IFA Trustee or director, Officer | 5 | $0 | $1,009,480 | $135,947 |
| RICHARD SNOW | CHAIR - DIVERSITY INSTITUTE BOARD Trustee or director | 0.3 | $0 | $0 | $0 |
| SEAN FALK | CHAIR - VETFRAN COMMITTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| TAMRA KENNEDY | MEMBER (UNTIL 7/25) Trustee or director | 0.3 | $0 | $0 | $0 |
| JO KIRCHNER | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JOHN LANCASTER | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| GORDON LOGAN | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JAMES MOWERY | MEMBER (UNTIL 7/25) Trustee or director | 0.3 | $0 | $0 | $0 |
| PAUL PICKETT | MEMBER (UNTIL 7/25) Trustee or director | 0.3 | $0 | $0 | $0 |
| KAREN SATTERLEE | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| OMAR SIMMONS | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JJ SORRENTI | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JIM SQUIRE | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| R SCOTT SUTTON | MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| STEVEN TURNER | MEMBER (UNTIL 7/25) Trustee or director | 0.3 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDITH WISEMAN | MEMBER Trustee or director | 0.3 | $0 |
| RON FELDMAN | CHAIR Officer | 0.3 | $0 |
| CATHERINE MONSON | VICE CHAIR Officer | 0.3 | $0 |
| STEVE WHITE | IMMEDIATE PAST CHAIR Officer | 0.3 | $0 |
| BILL HALL | TREASURER - NON-VOTING Officer | 0.3 | $0 |
990 for the year ended October 31, 2024: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW HALLER | PRESIDENT & CEO, IFA Trustee or director, Officer | 5 | $0 | $773,717 | $110,139 |
| RIKKI AMOS | FORMER EXECUTIVE DIRECTOR Former | 40 | $99,778 | $0 | $7,306 |
| STEVE WHITE | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| DAN MONAGHAN CFE | IMMEDIATE PAST CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| RONALD FELDMAN CFE | VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| CATHERINE MONSON | SECOND VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| RICHARD SNOW | CHAIR - DIVERSITY INSTITUTE BOARD Trustee or director | 0.3 | $0 | $0 | $0 |
| SEAN FALK | CHAIR - VETFRAN COMMITTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| TAMRA KENNEDY | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JO KIRCHNER CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JOHN LANCASTER | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| GORDON LOGAN | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JAMES MOWERY CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| PAUL PICKETT CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| KAREN SATTERLEE CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| R SCOTT SUTTON CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| OMAR SIMMONS | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JJ SORRENTI | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JIM SQUIRE CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| STEVEN TURNER | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| EDITH WISEMAN CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DOC COHEN | HONORARY TRUSTEE - NON-VOTING Trustee or director | 0.3 | $0 | $0 | $0 |
| RUSSELL FRITH | HONORARY TRUSTEE - NON-VOTING Trustee or director | 0.3 | $0 | $0 | $0 |
| ANN ROSENBURG | HONORARY TRUSTEE - NON-VOTING Trustee or director | 0.3 | $0 | $0 | $0 |
| WILLIAM HALL CFE | TREASURER Officer | 0.3 | $0 | $0 | $0 |
990 for the year ended October 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RIKKI AMOS | EXECUTIVE DIRECTOR (UNTIL 3/23) Officer | 40 | $221,565 | $37,506 |
| DAN MONAGHAN CFE | CHAIRMAN Trustee or director, Officer | 0.3 | $0 | $0 |
| TONY VALLE CFE | IMMEDIATE PAST CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| EARSA JACKSON CFE | CHAIR, DIVERSITY INSTITUTE Trustee or director | 0.3 | $0 | $0 |
| STEVE WHITE | 1ST VICE CHAIR Trustee or director | 0.3 | $0 | $0 |
| RALPH YARUSSO CFE | CHAIR, VETFRAN Trustee or director | 0.6 | $0 | $0 |
| STAN FRIEDMAN | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| RONALD FELDMAN CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JO KIRCHNER CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| GORDON LOGAN | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| BRET LOWELL | LEGAL COUNCIL Trustee or director | 0.3 | $0 | $0 |
| JAMES MOWERY CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| OMAR SIMMONS | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JJ SORRENTI | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JIM SQUIRE CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| R SCOTT SUTTON CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| PAUL PICKETT CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| EDITH WISEMAN CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| KAREN SATTERLEE CFE | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| TAMRA KENNEDY | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JOHN LANCASTER | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| RICHARD SNOW | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| STEVEN TURNER | AT LARGE TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| WILLIAM HALL CFE | TREASURER Officer | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 NEW YORK AVE NW STE 300A, WASHINGTON, DC 20005-4841
- Principal officer (990 for 2024)
- AMY BROWN, 1201 NEW YORK AVENUE NW 300A, WASHINGTON, DC 200061135
- Signed the 990
- AMY BROWN, CHIEF FINANCIAL OFFICER
- Phone
- (202) 628-8000
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY;--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTICITIONERS; AND--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM.
Program accomplishments
- THE FOUNDATION IS ORGANIZED AND OPERATED TO USE FUNDS DONATED BY IFA MEMBERS AND OTHERS, AND OTHER FUNDRAISING ACTIVITIES, TO FULFILL EDUCATIONAL OBJECTIVES, TO PROMOTE PROFESSIONAL DEVELOPMENT, AND TO EXPAND THE KNOWLEDGE AND AWARENESS OF FRANCHISING. THE FOUNDATION ALSO CONDUCTS AND SUPPORTS RESEARCH INTO ALL ASPECTS OF FRANCHISING, AND PROVIDES SCHOLARSHIPS TO STUDENTS ENGAGED IN BUSINESS STUDIES AT COLLEGES AND UNIVERSITIES.Expenses $1,997,474 · grants $7,000
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 52-1358631
- 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
- 1984
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $10,757,969
- Income (IRS master file)
- $3,568,206
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $1,939,942 | $1,997,474 | $10,757,969 | XML |
| 990 | October 2024 | $2,566,769 | $1,274,324 | $10,497,533 | XML |
| 990 | October 2023 | $917,988 | $1,152,732 | $8,685,284 | XML |
| 990 | October 2022 | $426,102 | $1,429,334 | $8,892,420 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | 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 52-1358631).
Questions about IFA FOUNDATION
- What is the EIN of IFA FOUNDATION?
- The employer identification number (EIN) of IFA FOUNDATION is 52-1358631.
- Is IFA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to IFA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IFA 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 IFA FOUNDATION due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IFA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of IFA FOUNDATION?
- The 990 for the year ended October 31, 2025 names AMY BROWN.
- Who are the officers and directors of IFA FOUNDATION?
- The 990 for the year ended October 31, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does IFA FOUNDATION have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $1,939,942, expenses of $1,997,474 and total assets of $10,757,969 at year end.
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