Tennessee Association of Student Financial Aid Administrators
Nonprofit profile at a glance
- EIN
- 621250922
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990 2019, Form 990-EZ 2025
- Location
- Old Hickory, TN, USA
- Phone
- 6159469875
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $169,790
- Expenses
- $230,235
- Assets
- $387,318
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- APRIL WOLFORD (PRESIDENT)
- JANA COX (PRESIDENT EL)
People named in this filing
- APRIL WOLFORD (PRESIDENT)
- JANA COX (PRESIDENT EL)
- SAMANTHA SULLIVAN (PAST PRESIDE)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Tennessee association of student financial aid administrators (tasfaa) is to develop and maintain an organizational structure that promotes professional preparation and growth, collaboration, effectiveness, and mutual support of its diverse body of members as they strive to serve the needs of students, families, institutions, and other constituencies in providing financial assistance to help meet post- secondary educational expenses.
What it reported doing in 2025
Educational training and professional development for tasfaa members including fall training series, spring conference, and the dissemination of educational information through various formats.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 91% 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. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.7%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -35.6%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $216K in reported program spending
- Leadership: top reported pay $0 · 27 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2011 to 2025
- 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.
- High — Sustainability: Operating margin scored 3/100.