American Financial Services Association

Nonprofit profile at a glance

EIN
530025360
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2022965544
Rating confidence
Limited
Sector
Labor Unions

Official website

Reported finances

Revenue
$13,298,592
Expenses
$13,458,522
Assets
$25,471,311
Liabilities
$7,016,626

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

66 people listed

Executive titles in this filing

  • CECILIA WINSLOW (PRESIDENT AND CEO)

Highest reported compensation

  • WILLIAM M HIMPLER (DIRECTOR, PRES/CFO): $1,309,725 total reported compensation
  • CECILIA WINSLOW (PRESIDENT AND CEO): $672,072 total reported compensation
  • DANIELE ARLOWE (SR. VP - STATE GOVT): $432,698 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Afsa is the national trade association for the consumer credit industry. Its members include consumer and commercial finance companies, auto finance companies, mortgage lenders and servicers, credit card issuers, and industry suppliers.

What it reported doing in 2025

Publications and videos - afsa publishes various newsletters and a variety of pamphlet booklets, and informational videos. These publications and videos cover in depth information on issues of importance to the consumer credit industry and to the general public.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 65
  • Accountability: 90
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 7th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 98.2%; rating input score 98; 27th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 1.89; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 36.3%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.1% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 55 of 56 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $1.3M · 66 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $838K reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 17/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.