EIN 83-0211970

National Association of Student Financial Aid Administrators

IRS 501(c) type
501(c)(3)
Num. employees
58
Year formed
1973
Most recent tax filings
2024-06-01
Description
National Association of Student Financial Aid Administrators advocates for financial aid administrators, promotes student access to postsecondary education, and conducts legislative analysis.
Total revenues
$14,789,722
2024
Total expenses
$13,512,318
2024
Total assets
$30,689,724
2024
Num. employees
58
2024

Program areas at National Association of Student Financial Aid Administrators

Membership services:this is the umbrella for a variety of initiatives focused on meeting nasfaa's strategic initiative of providing proactive education opportunities and research information. It also provides for travel, meals and lodging for the various volunteer committees and boards, printing and mailing of publications including a magazine.
Grants: received are used for various initiative such as educating the public, colleagues, and congressional members about relevant topics in federal Student Aid through research and advocacy work.
Board designated fund expenses:operating reserve fund - this fund has been established to meet unusual income short-falls, or to help properly terminate operations if the Association were dissolved.project development fund - this fund has been established to help fund new initiatives and development of new programs.strategic technology fund - this fund was established to underwrite new technology initiatives and invest in technology upgrades.

Who funds National Association of Student Financial Aid Administrators

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Strada Education FoundationOperating Grant$981,500
Ascendium Education SolutionsPreparing for Pell Grant Eligibility for Incarcerated Learners Travel Grant - National Conference on Higher Education in Prison$483,567
Bill & Melinda Gates FoundationPostsecondary Education$155,939

Financials for National Association of Student Financial Aid Administrators

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,690,214
Program services$10,210,221
Investment income and dividends$547,807
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,834
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$337,646
Total revenues$14,789,722
Data update history
July 2, 2025
Posted financials
Added Form 990 for fiscal year 2024
June 29, 2025
Used new vendors
Identified 1 new vendor, including
May 28, 2025
Updated personnel
Identified 2 new personnel
February 7, 2025
Updated personnel
Identified 9 new personnel
January 6, 2025
Received grants
Identified 3 new grant, including a grant for $981,500 from Strada Education Foundation
Nonprofit Types
Professional associationsBusiness and community development organizationsSchoolsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
MembershipsPolitical advocacyLobbyingOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1801 Pennsylvania Ave NW 850
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
nasfaa.org/home 
Phone
(202) 785-0453
Facebook page
masfaa 
IRS details
EIN
83-0211970
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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