Nonprofit · EIN 20-1424537
THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE
Tax-exempt · LEXINGTON, KY 40509
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $65,167 | $59,402 | $5,765 | $239,364 | $14,051 | $225,313 |
| June 30, 2024 | 990 | $75,253 | $65,651 | $9,602 | $207,957 | $4,085 | $203,872 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $65,260
- Program service revenue
- $0
- Investment income
- $5,944
- Net gain from sales of assets
- $305
- Net income from fundraising events
- -$6,037
- Other revenue
- -$6,037
Expenses
- Grants and similar amounts paid
- $14,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $955
- Program services (functional)
- $36,074
- Management and general (functional)
- $23,328
Balance sheet and other
- Total assets, start of year
- $207,957
- Total assets, end of year
- $239,364
- Total liabilities, end of year
- $14,051
- Net assets, end of year
- $225,313
- Publicly traded securities
- $194,508
- Net assets without donor restrictions
- $186,680
- Net assets with donor restrictions
- $38,633
- Gross receipts
- $88,395
- Employees
- 0
- Volunteers
- 13
- Year formed
- 2004
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARA PAGE | CHAIR Trustee or director, Officer | 12 | $0 |
| ALANNA ABREU | CHAIR-ELECT Trustee or director, Officer | 7 | $0 |
| TRACEY BOND-WEINCYZK | TREASURER Trustee or director, Officer | 5 | $0 |
| BEVERLY ANDERSON | SECRETARY Trustee or director, Officer | 5 | $0 |
| KATHARINE DILL | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| HEATHER SPERDUTO | DIRECTOR Trustee or director | 3 | $0 |
| TING SONG | DIRECTOR Trustee or director | 3 | $0 |
| WENDY ROHRSSEN | DIRECTOR Trustee or director | 3 | $0 |
| DEEPIKA YELDANDI | DIRECTOR Trustee or director | 3 | $0 |
| JEVONNE SHEPHERD | DIRECTOR Trustee or director | 3 | $0 |
| KATHRYN SCHRADER | DIRECTOR Trustee or director | 3 | $0 |
| WENDI HALL | IMMEDIATE PAST CHAIR Trustee or director, Officer | 3 | $0 |
| CINDY STANLEY | EXECUTIVE DIRECTOR Officer | 2 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDI HALL | CHAIR Trustee or director, Officer | 12 | $0 |
| SARA PAGE | CHAIR-ELECT Trustee or director, Officer | 7 | $0 |
| KATHARINE DILL | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHELLE VENUS | SECRETARY Trustee or director, Officer | 5 | $0 |
| ALANNA ABREU | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| HEATHER SPERDUTO | DIRECTOR Trustee or director | 3 | $0 |
| SYDNEY PHILLIPS | DIRECTOR Trustee or director | 3 | $0 |
| TRACEY BOND - WEINCYZK | DIRECTOR Trustee or director | 3 | $0 |
| ANAT BORODYANSKY | DIRECTOR Trustee or director | 3 | $0 |
| WENDY ROHRSSEN | DIRECTOR Trustee or director | 3 | $0 |
| MELISSA SAGER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 3 | $0 |
| CINDY STANLEY | EXECUTIVE DIRECTOR Officer | 38 | $0 |
Address and contacts
- Address (IRS master file)
- 1795 ALYSHEBA WAY STE 7202, LEXINGTON, KY 40509-2481
- Principal officer (990 for 2024)
- ALANNA ABREU, 1795 ALYSHEBA WAY 7202, LEXINGTON, KY 40509
- Signed the 990
- ALANNA ABREU, CHAIR OF THE BOARD
- Phone
- (888) 844-2392
- Website
- WWW.AFWA.ORG/FOUNDATION
- Return prepared by
- BESTEN & DIERUF PLLC
Mission
THROUGH STEWARDSHIP, THE FOUNDATION PROMOTES AND ADVANCES WOMEN IN ACCOUNTING AND FINANCE BY CULTIVATING RELATIONSHIPS, SECURING CONTRIBUTIONS, AND PROVIDING SCHOLARSHIPS FOR EDUCATION AND CAREER DEVELOPMENT.
Program accomplishments
- SCHOLARSHIPS - THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMEN'S MEMBERS' EDUCATIONAL ADVANCEMENT. YOUNG AND PROMISING STUDENTS AT THE UNDERGRADUATE AND GRADUATE LEVELS ALSO BENEFIT FROM THE SCHOLARSHIP PROGRAMS EVERY YEAR. SOME OF OUR NATIONAL PARTNERS WORK WITH US IN DEVELOPING, FUNDING AND PROMOTING THE SCHOLARSHIP PROGRAM. THE CRITERIA USED TO SELECT WINNERS VARY BY SCHOLARSHIP. DONORS RECEIVE VAST RECOGNITION THROUGH THE AFWA WEBSITE AND IN AFWA COMMUNICATIONS. CURRENT CO-BRANDED SCHOLARSHIP PARTNERS INCLUDE UNIVERSAL CPA REVIEW.Expenses $24,388 · grants $14,000
- IN-KIND CONTRIBUTIONS CONSIST OF DONATED AUCTION ITEMS, PRINTING COSTS, GIFT CARDS AMOUNGST OTHER THINGS. THE ITEMS ARE VALUED AT FAIR MARKET VALUE.Expenses $11,686 · revenue $11,686
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1424537
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $239,364
- Income (IRS master file)
- $88,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $65,167 | $59,402 | $239,364 | IRS |
| 990 | June 2024 | $75,253 | $65,651 | $207,957 | IRS |
| 990 | June 2023 | $51,622 | $52,062 | $203,877 | IRS |
| 990 | June 2022 | $64,274 | $37,162 | $211,545 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 20-1424537).
Questions about THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE
- What is the EIN of THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE?
- The employer identification number (EIN) of THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE is 20-1424537.
- Is THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE 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 THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE?
- The 990 for the year ended June 30, 2025 names ALANNA ABREU.
- Who are the officers and directors of THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does THE FOUNDATION OF ACCOUNTING AND FINANCIAL WOMENS ALLIANCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $65,167, expenses of $59,402 and total assets of $239,364 at year end.
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