Association of Fundraising Professionals Massachusetts Chapter Inc

Nonprofit profile at a glance

EIN
222585614
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Waltham, MA, USA
Phone
7818943140
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$435,524
Expenses
$412,616
Assets
$273,520
Liabilities
$0

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

Leadership & pay

25 people listed

Executive titles in this filing

  • DAVID BROWN (PRESIDENT)
  • MELISSA CORDING (IMMEDIATE PAST PRESIDENT)

People named in this filing

  • DAVID BROWN (PRESIDENT)
  • MELISSA CORDING (IMMEDIATE PAST PRESIDENT)
  • STEPHANIE TRUESDELL (VP, ADMINISTRATION)

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

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

Overview

Mission

The association of fundraising professionals Massachusetts chapter empowers individuals and organizations to practice ethical fundraising through professional education, networking, research and advocacy. We aim to be the region's leading organization that promotes the well-being and best practices of the fundraising profession, spanning across all categories of non-profits, ranges of advancement experience, and sizes of organizations. Afp is the organization to join if you want to meet other fundraisers, learn the latest in best practices and take advantage of workshops and publications that will advance your organization's fundraising success.

What it reported doing in 2024

Virtual programs (webinars): our webinars provide year-round professional development on a wide range of fundraising and nonprofit leadership topics, offering members and the broader community accessible learning opportunities. These webinars feature expert-led discussions on current trends, best practices, and skills to strengthen the sector. Part of this programming includes the in case you missed it series, which allows participants to revisit or catch up on sessions from the annual conference, extending the value of the event beyond the day itself.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 50
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 81.7%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -0.2% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 81.7% of spending went to programs
  • Governance: 23 of 23 board members independent · 5 of 7 filing controls reported
  • Programs: 10 filed program accomplishments · $337K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Highest-paid contractors: 1 contractor listed · $164K reported
  • Consistency: 17 of 17 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 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 — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Growth: Asset growth scored 0/100.