Military Family Advisory Network Inc

Nonprofit profile at a glance

EIN
463173337
IRS 990 coverage
2017–2025
Forms available
Form 990 2025, Form 990-EZ 2016, Form 990-N 2014
Location
Arlington, VA, USA
Phone
2028214195
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$4,444,176
Expenses
$4,417,259
Assets
$3,172,899
Liabilities
$532,110

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

Leadership & pay

14 people listed

Executive titles in this filing

  • SHANNON RAZSADIN (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • SHANNON RAZSADIN (CHIEF EXECUTIVE OFFICER): $239,211 total reported compensation
  • DELIA JOHNSON (CHIEF OPERATING OFFICER): $186,552 total reported compensation
  • GABRIELLE L'ESPERANCE (DIRECTOR OF INSIGHTS): $142,514 total reported compensation

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

Overview

Mission

Our mission is to understand and amplify the needs of military-connected families and inspire data-informed change.

What it reported doing in 2025

Other program services in alignment with the mission include resource connection and collaboration and government relations efforts designed to serve military families. One of the most effective ways mfan creates change is by convening key stakeholders and engaging policymakers in dialog that drives solution-oriented outcomes. Through these efforts, mfan brings together best-in-class partners in both the public and private sectors to share programs and resources, discuss emerging trends, and develop actionable recommendations for those in positions of leadership and influence. Military family financial readiness coalition (mffrc)mffrc convenes both public and private organizations committed to the financial wellness and stability of military families. This coalition provides an opportunity for organizations with a vested interest in the financial well-being of military families to share ideas, lessons learned, best practices, challenges, and opportunities to more effectively serve our families and respond to their evolving needs. In addition to informing the work of its participants in their financial education efforts and initiatives, the mffrc yields actionable information that educates and informs policymakers.government relationsmfan's government relations efforts strengthen the connection between military family experiences and policymaking. With the addition of a director of government relations, mfan is deepening its ability to engage federal and state leaders on the issues most impacting military families. This work creates opportunities to share real-time insights, elevate emerging challenges, and inform solution-oriented policy discussions. By connecting data, lived experience, and cross-sector perspectives, mfan helps ensure that decisions are informed, responsive, and grounded in the realities facing military families today.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.5%; rating input score 80
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: $9.58 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.6%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 15.7%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 24% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 25.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 29.1% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 79.5% of revenue deployed · 80% of spending went to programs
  • Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3.5M in reported program spending
  • Leadership: top reported pay $239K · 14 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.