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Nonprofit · EIN 58-1350874

ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC

Tax-exempt · CHARLOTTESVILLE, VA 22903

Financials

$658K$520K2023$515K$633K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$514,646$632,899-$118,253$946,610$16,171$930,439
December 31, 2023990$658,454$520,041$138,413$1,063,660$14,968$1,048,692
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$163,005
Membership dues
$141,745
Program service revenue
$349,662
Investment income
$1,379
Other revenue
$600

Expenses

Grants and similar amounts paid
$52,281
Compensation of officers, directors and key employees
$112,001
Salaries, compensation and benefits (total)
$132,384
Professional fundraising fees
$0
Legal fees
$19,760
Occupancy
$1,198
Travel
$1,714
Program services (functional)
$549,960
Management and general (functional)
$76,319
Fundraising (functional)
$6,620

Balance sheet and other

Total assets, start of year
$1,063,660
Total assets, end of year
$946,610
Total liabilities, end of year
$16,171
Net assets, end of year
$930,439
Net assets without donor restrictions
$925,144
Net assets with donor restrictions
$5,295
Gross receipts
$514,646
Employees
2
Volunteers
80
Year formed
1975
State of legal domicile
FL

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
ROBERTA HERMANEXECUTIVE DI
Officer
40$108,640$3,361
TOMMASO AGASISTIBOARD MEMBER
Trustee or director
1$0$0
KYLE ARNONEBOARD MEMBER
Trustee or director
1$0$0
RACHEL BAKERBOARD MEMBER
Trustee or director
1$0$0
BRENDAN BARTANENBOARD MEMBER
Trustee or director
1$0$0
RICHARD BOWMANTREASURER
Trustee or director, Officer
2$0$0
TOLANI BRITTONBOARD MEMBER
Trustee or director
1$0$0
TINA COLLINSBOARD MEMBER
Trustee or director
1$0$0
MATTHEW DUQUEBOARD MEMBER
Trustee or director
1$0$0
JOSHUA GOODMANBOARD MEMBER
Trustee or director
1$0$0
AYESHA HASHIMBOARD MEMBER
Trustee or director
1$0$0
CARA JACKSONPRESIDENT
Trustee or director, Officer
3$0$0
ANDREW JONESBOARD MEMBER
Trustee or director
1$0$0
MICHAL KURLAENDERPRESIDENT-EL
Trustee or director
3$0$0
STACEY PELIKABOARD MEMBER
Trustee or director
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
KRYSTAFER REDDENBOARD MEMBER
Trustee or director
1$0
SHANNA RICKETTSBOARD MEMBER
Trustee or director
1$0
BETH SCHUELERBOARD MEMBER
Trustee or director
1$0
LUCY SORENSENBOARD MEMBER
Trustee or director
1$0
JON VALANTBOARD MEMBER
Trustee or director
1$0
ERICKA WEATHERSBOARD MEMBER
Trustee or director
1$0
GEMA ZAMARROBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
ROBERTA HERMANEXECUTIVE DI
Officer
40$40,880$1,120
ANJALI ADUKABOARD MEMBER
Trustee or director
1$0$0
TOMMASO AGASISTIBOARD MEMBER
Trustee or director
1$0$0
KYLE ARNONEBOARD MEMBER
Trustee or director
1$0$0
RACHEL BAKERBOARD MEMBER
Trustee or director
1$0$0
RICHARD BOWMANTREASURER
Trustee or director, Officer
2$0$0
TOLANI BRITTONBOARD MEMBER
Trustee or director
1$0$0
COLIN CHELLMANPRESIDENT
Trustee or director, Officer
2$0$0
TINA COLLINSBOARD MEMBER
Trustee or director
1$0$0
MATTHEW DUQUEBOARD MEMBER
Trustee or director
1$0$0
LI FENGBOARD MEMBER
Trustee or director
1$0$0
JOSHUA GOODMANBOARD MEMBER
Trustee or director
1$0$0
JASON GRISSOMPAST-PRESIDE
Trustee or director
1$0$0
AYESHA HASHIMBOARD MEMBER
Trustee or director
1$0$0
CARA JACKSONPRESIDENT-EL
Trustee or director, Officer
3$0$0
CONSTANCE LINDSAYBOARD MEMBER
Trustee or director
1$0$0
STACEY PELIKABOARD MEMBER
Trustee or director
1$0$0
KRYSTAFER REDDENBOARD MEMBER
Trustee or director
1$0$0
SHANNA RICKETTSBOARD MEMBER
Trustee or director
1$0$0
BETH SCHUELERBOARD MEMBER
Trustee or director
1$0$0
LUCY SORENSENBOARD MEMBER
Trustee or director
1$0$0
JON VALANTBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
243 RIDGE MCINTIRE RD 1083, CHARLOTTESVILLE, VA 22903-5043
In care of
% KATHERINE GRACE KEGLEY
Principal officer (990 for 2024)
RICHARD BOWMAN, 1344 DISC DRIVE 3091, SPARKS, NV 89436
Signed the 990
RICHARD BOWMAN, TREASURER
Phone
(775) 453-4080
Return prepared by
JBS & COMPANY LLC

Mission

THE ASSOCIATION FOR EDUCATION FINANCE AND POLICY (AEFP) IS DEDICATED TO THE PROMOTION OF RESEARCH AND PARTNERSHIPS THAT CAN INFORM EDUCATION POLICY AND FINANCE AND IMPROVE EDUCATION OUTCOMES. THE AEFP PROMOTES ITS MISSION BY: ENCOURAGING INTELLECTUALLY RIGOROUS EDUCATION FINANCE AND POLICY-RELATED INQUIRY AND SCHOLARSHIP CAPABLE OF IMPROVING UNDERSTANDING AND PRACTICE. DISSEMINATING THEORETICAL AND PRACTICALLY USEFUL KNOWLEDGE. STIMULATING RESPONSIBLE PUBLIC AND PROFESSIONAL DELIBERATION AND DEBATE REGARDING FINDINGS, PRACTICAL POLICY APPLICATIONS, AND RESEARCH METHODS. EXPANDING THE SPECTRUM OF SCHOLARS AND PRACTITIONERS FROM MULTIPLE INTELLECTUAL DISCIPLINES AND PROFESSIONAL FIELDS EXAMINING EDUCATION FINANCE AND POLICY. WELCOMING EARLY CAREER SCHOLARS AND PRACTITIONERS INTO CONVERSATIONS ABOUT EDUCATION FINANCE AND POLICY AND FOSTERING AN ATMOSPHERE OF INCLUSION AND RESPECT. CENTERING JUSTICE, EQUITY, DIVERSITY, AND INCLUSION IN THE WORK OF THE ORGANIZATION TO ENSURE THAT ALL VOICES

990 for the year ended December 31, 2024

Program accomplishments

  • MORE THAN 900 PARTICIPANTS ATTENDED AEFP'S 2024 ANNUAL CONFERENCE, WHERE RESEARCHERS AND PRACTITIONERS PRESENTED THEIR WORK ON P-20 EDUCATION FINANCE AND POLICY. CONFERENCE PARTICIPANTS INCLUDE POLICYMAKERS FROM LOCAL, STATE, AND FEDERAL AGENCIES; REPRESENTATIVES FROM TEACHER ASSOCIATIONS; UNIVERSITY FACULTY; RESEARCHERS FROM THINK TANKS AND NONPROFIT ORGANIZATIONS; AND PROFESSIONALS IN FIELDS SUCH AS EDUCATION, ECONOMICS, POLITICAL SCIENCE, PUBLIC ADMINISTRATION, AND HIGHER EDUCATION. MAJOR TOPIC AREAS INCLUDE EDUCATOR LABOR MARKETS AND EFFECTIVENESS, STUDENT OUTCOMES, AND SCHOOL FINANCE. THE CONFERENCE'S RELATIVELY SMALL SIZE FOSTERS MEANINGFUL ENGAGEMENT AMONG ATTENDEES ACROSS CAREER STAGES AND SECTORS. AEFP'S ANNUAL CONFERENCE IS THE ORGANIZATION'S PRIMARY MODE OF MEMBER ENGAGEMENT AND INCLUDES PLENARY SESSIONS AND NETWORKING OPPORTUNITIES THAT FACILITATE COLLABORATION BEYOND PAPER PRESENTATIONS.
    Expenses $380,372 · revenue $337,845
  • AEFP PUBLISHES THROUGH MIT PRESS A QUARTERLY JOURNAL, EDUCATION FINANCE & POLICY, FOR ITS MEMBERS AND TO UNIVERSITY LIBRARIES, FOUNDED IN 2005-2006. THE 2024 IMPACT FACTOR: 2.0 AND THE 2024 GOOGLE SCHOLAR H5-INDEX: 29.
    Expenses $88,920 · revenue $11,817
  • AEFP PROVIDES TRAVEL GRANTS, OUTSTANDING DISSERTATION AWARDS, AND EARLY CAREER AWARDS TO GRADUATE STUDENTS AND EARLY CAREER SCHOLARS.
    Expenses $80,668 · grants $58,704

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
58-1350874
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
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$946,610
Income (IRS master file)
$514,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$514,646$632,899$946,610XML
990December 2023$658,454$520,041$1,063,660XML
990December 2022$568,141$469,193$916,077IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 58-1350874).

Questions about ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC

What is the EIN of ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC?
The employer identification number (EIN) of ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC is 58-1350874.
Is ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSOCIATION FOR EDUCATION FINANCE AND POLICY 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 ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC 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 ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC 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 ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC?
The 990 for the year ended December 31, 2024 names RICHARD BOWMAN.
Who are the officers and directors of ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC?
The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $108,640 (ROBERTA HERMAN, EXECUTIVE DI).
How much revenue does ASSOCIATION FOR EDUCATION FINANCE AND POLICY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $514,646, expenses of $632,899 and total assets of $946,610 at year end.

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