Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 52-2116419

SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT

Tax-exempt · FT WASHINGTON, MD 20744

Financials

$1.1M$1M2023$1.5M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,491,687$1,519,588-$27,901$540,856$23,249$517,607
December 31, 2023990$1,078,625$1,035,867$42,758$564,088$0$564,088
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,349,800
of which government grants
$150,000
Program service revenue
$130,249
Investment income
$7,701
Other revenue
$3,937

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$399,617
Other salaries and wages
$50,412
Salaries, compensation and benefits (total)
$502,091
Professional fundraising fees
$0
Accounting fees
$16,687
Occupancy
$705
Travel
$91,510
Program services (functional)
$1,177,746
Management and general (functional)
$287,404
Fundraising (functional)
$54,438

Balance sheet and other

Total assets, start of year
$564,088
Total assets, end of year
$540,856
Total liabilities, end of year
$23,249
Net assets, end of year
$517,607
Net assets without donor restrictions
$517,607
Gross receipts
$1,491,687
Employees
6
Volunteers
17
Year formed
1998

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
THEODORE DANIELSPRESIDENT
Key employee
32$157,693$6,307
LEN FOXWELLBOARD MEMBER
Trustee or director
5$0$0
DR GHIRMAY GHEBREYESUSBOARD MEMBER
Trustee or director
5$0$0
DR BARBARA C HOWARDBOARD MEMBER
Trustee or director
5$0$0
DR BARBARA JONESBOARD MEMBER
Trustee or director
5$0$0
JANICE RATTLEYBOARD MEMBER
Trustee or director
5$0$0
DR MOHAMMAD ROBBANIBOARD MEMBER
Trustee or director
5$0$0
BONNIE WALLACEBOARD MEMBER
Trustee or director
5$0$0
ROBERT WESLEYBOARD MEMBER
Trustee or director
5$0$0
DR MARY WHITEBOARD MEMBER
Trustee or director
5$0$0
REV KEISHA PATRICK WILSONBOARD MEMBER
Trustee or director
5$0$0
SCOTT BINDERTREASURER
Officer
5$0$0
JACKELYN HOWARDSECRETARY
Officer
5$0$0
MICHAEL PUGHCEO
Officer
5$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
TED DANIELSPRESIDENT
Key employee
30$103,462
TIFFANY MURRAYMANAGING DIR
Key employee
40$100,500
UNA D EDWARDSVICE PRESIDENT
Key employee
40$75,500
SCOTT BINDERTREAS
Trustee or director
5$0
DR M WHITEBD MEMBER
Trustee or director
5$0
JACKELYN HOWARSECRETARY
Trustee or director
5$0
M PUGHPRES OF BOARD
Trustee or director
5$0
Dr GhebreyesusBD MBR
Trustee or director
5$0
DR B C HOWARDBD MEMBER
Trustee or director
5$0
A de GRAVELLESBD MEMBER
Trustee or director
5$0
LEN FOXWELLBD MEMBER
Trustee or director
5$0
DR B JONESBD MEMBER
Trustee or director
5$0
ROBERT WESLEYBD MEMBER
Trustee or director
5$0
J RATTLEYBD MEMBER
Trustee or director
5$0
Dr M ROBBANIB MEMBER
Trustee or director
5$0

Address and contacts

Address (IRS master file)
700 LOCH NESS CIR, FT WASHINGTON, MD 20744-7019
In care of
% THEODORE R DANIELS
Principal officer (990 for 2024)
THEODORE DANIELS, 700 LOCH NESS CIR, FORT WASHINGTON, MD 20744
Signed the 990
THEODORE DANIELS, PRESIDENT
Phone
(703) 920-3807
Return prepared by
RYAN & WETMORE PC

Mission

TO ENHANCE THE FINANCIAL AND ECONOMIC LITERACY OF INDIVIDUALS AND AMERICAN HOUSEHOLDS

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, THE SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT (SFEPD) SIGNIFICANTLY ADVANCED ITS MISSION TO ENHANCE FINANCIAL AND ECONOMIC LITERACY ACROSS THE UNITED STATES. THE ORGANIZATION EXPANDED ITS STUDENT AMBASSADOR PROGRAM TO 42 HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS), ENGAGING 230 AMBASSADORS WHO FACILITATED PEER-LED FINANCIAL EDUCATION INITIATIVES ON THEIR CAMPUSES. SFEPD ALSO LAUNCHED THE "MIND OVER MONEY SKILLS" CERTIFICATION PROGRAM IN COLLABORATION WITH HAMPTON UNIVERSITY, OFFERING AN EIGHT-MODULE CURRICULUM COVERING ESSENTIAL FINANCIAL TOPICS SUCH AS BUDGETING, CREDIT MANAGEMENT, INVESTING, AND GENERATIONAL WEALTH BUILDING. ADDITIONALLY, SFEPD CONDUCTED A SERIES OF SEMINARS AND WORKSHOPS AIMED AT INDIVIDUALS AND FAMILIES, FOCUSING ON PRACTICAL FINANCIAL SKILLS TO EMPOWER PARTICIPANTS TO MAKE INFORMED ECONOMIC DECISIONS.
    Expenses $1,177,746 · revenue $180,249

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2116419
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$540,856
Income (IRS master file)
$1,491,687

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,491,687$1,519,588$540,856XML
990December 2023$1,078,625$1,035,867$564,088XML
990December 2022$834,434$870,646$579,329IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 52-2116419).

Questions about SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT

What is the EIN of SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT?
The employer identification number (EIN) of SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT is 52-2116419.
Is SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT 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 SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT?
The 990 for the year ended December 31, 2024 names THEODORE DANIELS.
Who are the officers and directors of SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $157,693 (THEODORE DANIELS, PRESIDENT).
How much revenue does SOCIETY FOR FINANCIAL EDUCATION & PROFESSIONAL DEVELOPMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,491,687, expenses of $1,519,588 and total assets of $540,856 at year end.

Other nonprofits in FT WASHINGTON

All nonprofits in FT WASHINGTON · Maryland · Education