Aml Partnership Forum Inc

Nonprofit profile at a glance

EIN
371965127
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Alexandria, VA, USA
Phone
7039818613
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$106,390
Expenses
$91,446
Assets
$79,678
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DENNIS LORMEL (DIRECTOR/PRESIDENT)

People named in this filing

  • DENNIS LORMEL (DIRECTOR/PRESIDENT)
  • LAUREN KOHR (DIRECTOR/TREASURER)
  • ROBERT PASLEY (DIRECTOR/SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization plans to conduct an annual educational forum to discuss anti-money laundering issues in the fight against money laundering, terrorist funding and other financial crimes. The forum will be open for attendance to all interersted individuals, including those from the financial services industry and government law enforcement agencies.

What it reported doing in 2024

The multi-day meeting in 2024 had about 110 attendees. Each day was kicked off with opening remarks from a senior official from one of the federal law enforcement agencies. The sessions covered various topics, including updates on possible and pending legislation, new technological innovations impacting financial crime compliance, managing sanctions and export control programs, briefings from law enforcement, case studies, and fraud typologies.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.5%; rating input score 80
  • Program expense ratio: 92.5%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 42.6% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 36.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 39.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 79.5% of revenue deployed · 92.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $85K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

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

  • Review — Sustainability: Total-asset coverage ratio scored 55/100.