CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS INC

EIN: 352787547 Community Improvement

WASHINGTON, DC

Total Revenue
$58,742,692
Total Expenses
$55,732,814
Total Assets
$51,515,055
Net Assets
$4,381,783
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DC
Principal Officer
KEVIN R KELLER CEO
Phone
2023792200
Tax Period
2023-01-01 to 2023-12-31

CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS INC, founded in 2023, is a mid-sized nonprofit in the Community Improvement sector that reported $58.7M in total revenue in fiscal year 2023. Expenses of $55.7M left a modest 5% surplus.

Mission

THE MISSION OF CFP BOARD OF STANDARDS IS TO CREDENTIAL COMPETENT AND ETHICAL FINANCIAL PLANNERS, UPHOLD CFP CERTIFICATION AS THE RECOGNIZED STANDARD AND ADVANCE THE FINANCIAL PLANNING PROFESSION

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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 $0
Program Service Revenue $56,207,545
Investment Income $441,873
Other Revenue $2,093,274
TOTAL REVENUE $58,742,692

Expense Breakdown

Grants Paid $336,643
Salaries & Benefits $17,332,609
Fundraising Expenses $0
Other Expenses $38,063,562
TOTAL EXPENSES $55,732,814

Year-over-Year Comparison

2023 2022 Change
Revenue $58,742,692 N/A N/A
Expenses $55,732,814 N/A N/A
Net Income $3,009,878 N/A N/A
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
452

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
4
$3,022,022
Total Directors
14
$0
Key Employees
5
$2,330,731
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN MOISAND CFP BOARD CHAIR 3.00
Officer Director
$0 $0 $0
MATT BOERSEN CFP CFA BOARD MEMBER 3.00
Director
$0 $0 $0
ELIZABETH K MILLER CFP CFA BOARD MEMBER 3.00
Director
$0 $0 $0
ANERI JAMBUSARIA CFP MBA BOARD MEMBER 3.00
Director
$0 $0 $0
RICK SHERLOCK BOARD MEMBER 3.00
Director
$0 $0 $0
NANCY SMITH JD BOARD MEMBER 3.00
Director
$0 $0 $0
TERRI KALLSEN CFP BOARD MEMBER 3.00
Director
$0 $0 $0
LOUIS BARAJAS CFP MBA BOARD MEMBER 3.00
Director
$0 $0 $0
PETER ROHR CFP BOARD MEMBER 3.00
Director
$0 $0 $0
MARTIN SEAY PH D CFP BOARD MEMBER 3.00
Director
$0 $0 $0
MARGUERITA CHENG CFP BOARD MEMBER 3.00
Director
$0 $0 $0
RICHARD SHAW CFP MBA BOARD MEMBER 3.00
Director
$0 $0 $0
ROBERTA KARMEL BOARD MEMBER 3.00
Director
$0 $0 $0
ALEX ROZMAN BOARD MEMBER 3.00
Director
$0 $0 $0
KEVIN KELLER CHIEF EXECUTIVE OFFICER 40.00
Officer
$0 $182,811 $1,811,234
LEO RYDZEWSKI GENERAL COUNSEL 40.00
Officer
$0 $115,226 $728,059
KEVIN YEA CHIEF FINANCIAL OFFICER 40.00
Officer
$0 $98,224 $482,729
ROGER MYERS JR STRATEGIC ADVISOR 8.00
Key Emp
$0 $32,876 $401,940
ELIZABETH STEWART CHIEF OPERATING OFFICER 40.00
Key Emp
$0 $117,661 $667,945
MAUREEN THOMPSON VP OF PUBLIC POLICY 40.00
Key Emp
$0 $29,453 $482,085
CATHERINE HEALY MANAGING DIRECTOR 5.00
Key Emp
$0 $23,326 $211,783
THOMAS SPORKIN MANAGING DIRECTOR 40.00
Key Emp
$0 $119,321 $566,978
JOHN LOPER MANAGING DIRECTOR 40.00
Highest
$0 $47,305 $324,063
ERIN KOEPPEL MANAGING DIRECTOR 40.00
Highest
$0 $34,616 $339,598
ADAM ZAJAC DIRECTOR 40.00
Highest
$0 $23,538 $315,173
JAMES KATSAOUNIS MANAGING DIRECTOR 40.00
Highest
$0 $38,710 $338,738
JOSEPH MAUGERI MANAGING DIRECTOR 5.00
Highest
$0 $86,084 $475,603
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
2024 No data No data No data No data
2023 $58,742,692 $55,732,814 $51,515,055 $3,009,878
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