Financial Education & Research Foundation Inc

EIN: 237063497 501(c)(3)

Morristown, NJ

Total Revenue
$3,515,662
Total Expenses
$3,836,391
Total Assets
$4,597,523
Net Assets
$3,776,129
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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
NY
Principal Officer
ANDREJ SUSKAVCEVIC
Phone
9737651000
Tax Period
2023-07-01 to 2024-06-30

Financial Education & Research Foundation Inc, founded in 1944, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

The mission of financial education & research foundation ("FERF") is to advance the profession and practices of financial management through research and education. FERF publications provide insights and content to help members of financial executives international, a related internal revenue code section 501(c)(6) tax-exempt organization AND THE FOUNDATION'S SOLE CORPORATE MEMBER, make better decisions and do their jobs more effectively. FERF's objective research helps members identify and respond to trends in financial reporting, compliance and the broader marketplace. FERF engages a research methodology that creates the deep understanding financial leaders demand along with smart content that provides the most value for members and sponsors. This approach allows the audience to engage with the research from discovery through results, while embracing an interactive, "future friendly" content strategy that expands reach and attention. By leveraging its decades of experience, FERF's distribution methods create "interactive content"conversations" around topics and thought leadership that engage members throughout the research cycle. Whatever the medium, FERF translates market trends into shareable content, and allows the audience to engage in the research process, from discovery to results. FERF provides professional development solutions for financial leaders that take their skills to the next level, with continuing professional education credit opportunities available through courses, conferences, webinars, and on demand learning. Individuals can access events on FEI's website that combine leadership, technical and career development skills with peer networking opportunities. FERF is focused on creating developmental educational programming designed to foster career, personal and leadership development.

Program Service Accomplishments

Program 1
Expenses: $1,660,029 Revenue: $2,499,086

THE FOUNDATION PRODUCED 23 EVENTS AND DEEP-DIVE TECHNICAL TRAINING WORKSHOPS, ALONG WITH 58 WEBINARS WITH FEI'S MARKETING PARTNERS TO FURTHER THE PROFESSIONAL DEVELOPMENT AND GROWTH OF MEMBERS AND...

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THE FOUNDATION PRODUCED 23 EVENTS AND DEEP-DIVE TECHNICAL TRAINING WORKSHOPS, ALONG WITH 58 WEBINARS WITH FEI'S MARKETING PARTNERS TO FURTHER THE PROFESSIONAL DEVELOPMENT AND GROWTH OF MEMBERS AND ATTENDEES (APPROXIMATELY 10,500 REGISTRANTS).

Program 2
Expenses: $720,774 Revenue: $456,979

The Foundation published and produced executive reports with distribution methods that create interactive content and conversations around topics and thought leadership, engaging FEI members and the...

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The Foundation published and produced executive reports with distribution methods that create interactive content and conversations around topics and thought leadership, engaging FEI members and the profession at large throughout the research cycle. FEI DAILY DELIVERS FINANCIAL, BUSINESS, AND MANAGEMENT NEWS, AND TRENDS AND STRATEGIES TO HELP FINANCIAL LEADERS WORK BETTER, FASTER, AND SMARTER. FERF'S TEAM OF EXPERT CONTRIBUTORS OFFERS ANALYSIS, TIPS, AND INSIGHTS INTO BEST PRACTICES AND THE CHANGING REGULATORY LANDSCAPE. THE HOME PAGE PROVIDES AT-A-GLANCE NEWS AND INFORMATION REFLECTING THE LATEST DEVELOPMENTS IN FINANCIAL REPORTING, GOVERNANCE AND OTHER CRITICAL TOPICS FOR FINANCIAL LEADERS. ON TUESDAYS, THE FEI WEEKLY EMAIL IS SHARED WITH MEMBERS AND SUBSCRIBERS, PROVIDING A ROUND-UP OF IMPORTANT NEWS THAT'S TOP OF MIND OF FINANCE LEADERS. ALSO ON TUESDAYS, A NEW EPISODE OF THE FEI WEEKLY PODCAST IS AVAILABLE. THESE PODCASTS ARE IN AUDIO DIGEST FOCUSING ON THE IDEAS AND STRATEGIES RELEVANT TO FINANICAL LEADERS. FEI ENGAGE IS DESIGNED TO HELP THE NEXT GENERATION OF FINANCIAL PROFESSIONALS SEEKING TO INTERACT WITH LIKE-MINDED FINANCE SPECIALISTS WITH A SPECIAL FOCUS ON INDUSTRY KNOWLEDGE, PURPOSE DRIVEN CAREERS AND INCLUSIVE WORKPLACES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $434,003
Program Service Revenue $2,956,065
Investment Income $94,371
Other Revenue $31,223
TOTAL REVENUE $3,515,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $166,358
Program Expenses $2,380,803
Other Expenses $3,836,391
TOTAL EXPENSES $3,836,391

Year-over-Year Comparison

2023 2022 Change
Revenue $3,515,662 $3,249,552 +0.1%
Expenses $3,836,391 $3,349,948 +0.1%
Net Income $-320,729 $-100,396 +2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,050,296
Total Directors
4
$585,107
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrej Suskavcevic Pres./CEO-Trustee:Ex-Officio 2.0
Officer Director
$0 $47,548 $585,107
Liliana Devita COO & Secretary 2.0
Officer
$0 $42,372 $251,949
Maria O'Grady Treasurer 2.0
Officer
$0 $28,467 $213,240
MAGGIE MARTENSEN CHAIR, TRUSTEE 1.0
Officer Director
$0 $0 $0
LORI TANSLEY VICE CHAIR, TRUSTEE 1.0
Officer Director
$0 $0 $0
JOHN WHITE VICE CHAIR, TRUSTEE 1.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,515,662 $3,836,391 $4,597,523 $-320,729
2023 $3,249,552 $3,349,948 $4,697,755 $-100,396
2022 $3,972,102 $2,909,118 $4,733,275 $1,062,984
2021 $3,255,645 $2,645,150 $4,100,228 $610,495
2020 $2,581,929 $2,871,049 $3,463,411 $-289,120
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