Government Finance Officers Association
Nonprofit profile at a glance
- EIN
- 630944108
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Montgomery, AL, USA
- Phone
- 2052541738
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $190,430
- Expenses
- $182,913
- Assets
- $313,949
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- VITA SMITH-PARKER (PAST PRESIDENT)
- FORD HANDLEY (PRESIDENT)
- ROBERT AVERHART III (FIRST VICE PRESIDENT)
- ANN H MURPHY (SECOND VICE PRESIDENT)
People named in this filing
- VITA SMITH-PARKER (PAST PRESIDENT)
- KATHLEEN BAXTER (DIRECTOR)
- RYAN MILLER (TREASURER)
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 mission of the government finance officers association of Alabama is to provide a professional association for government finance personnel dedicated to enabling its members to provide quality professional service to their constituents with the highest level of integrity.
What it reported doing in 2024
The goals of the organization are achieved through the provision of specific training programs focused on the methodology and format of the government accounting system. The organization sponsors three government training conferences providing a minimum of 48 continuing education credits annually to participants. In addition, specific training courses are offered to improve professional, administrative, and fiscal skills of qualified candidates through the certified government accounting technichian program with course offerings throughout the year. Annually, the organization awards scholarships to college undergraduates and graduate students to promote careers in government finance.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 79% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 98.8%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.9%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 1.72; rating input score 76; 76th 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: 5.5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 94.9% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $181K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 16 filing years from 2009 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: Operating margin scored 45/100.