De-dc-md Assoc of Student Financial Aid Administrators Inc
Nonprofit profile at a glance
- EIN
- 521387208
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Savage, MD, USA
- Phone
- 4102071850
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $91,840
- Expenses
- $70,540
- Assets
- $66,366
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Emma Thomas (DC President)
- David Harper (MD President)
- Sharon Wilson (DE President)
People named in this filing
- Charles Scheetz (Chair)
- Thelma Ross (Chair Elect)
- Detra Hooper (Past Chair)
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
Education and training for financial aid professionals in higher education.
What it reported doing in 2024
July 2024 - Neophyte training for new professionals with less than 1 year experience. 23 attendees.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.7%; rating input score 63
- Program expense ratio: 81.7%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.2%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 41.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 19.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 62.7% of revenue deployed · 81.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.