THE SOCIETY OF AMERICAN ARCHIVISTS FOUNDATION

EIN: 452661390 501(c)(3) Philanthropy & Grantmaking

CHICAGO, IL

Total Revenue
$96,363
Total Expenses
$137,225
Total Assets
$1,873,207
Net Assets
$1,873,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IL
Principal Officer
JACQUALINE PRICE OSAFO
Phone
3126060722
Tax Period
2022-07-01 to 2023-06-30

THE SOCIETY OF AMERICAN ARCHIVISTS FOUNDATION, founded in 2011, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $96K in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $137K exceeded revenue, resulting in a 42% operating deficit.

Mission

THE SAA FOUNDATION RAISES MONEY TO PROVIDE RESOURCES TO ENHANCE THE WORK OF THE ARCHIVAL COMMUNITY. TO THAT END, THE SAA FOUNDATION WILL SUPPORT: RESEARCH AND REPORTING ABOUT THE PROFESSION, ITS PRACTICE, AND ITS PRACTITIONERS; DEVELOPMENT OF PROFESSIONAL GROWTH OPPORTUNITIES; RECOGNITION OF ARCHIVISTS VIA SCHOLARSHIPS, TRAVEL ASSISTANCE, AND AWARDS; PROGRAMS TO ENHANCE THE PERFORMANCE OF REPOSITORIES; AND EFFORTS TO PERSUADE INFLUENTIAL EXTERNAL ORGANIZATIONS TO CREATE OR PROMOTE ARCHIVES.IN ADDITION, THE SAA FOUNDATION WILL SEEK TO STRENGTHEN ITSELF BY ENHANCING ITS ACCOUNTABILITY, DEVELOPMENT, AND GOVERNANCE.

Program Service Accomplishments

Program 1
Expenses: $79,949

ENDOWMENT - GRANTED VARIOUS AWARDS TO INDIVIDUALS AND/OR INSTITUTIONS FOR ACHIEVEMENTS IN THE ARCHIVAL FIELD OR ASSISTANCE WITH PROFESSIONAL DEVELOPMENT WITHIN THE ARCHIVAL FIELD.

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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 (2022)

Revenue Breakdown

Contributions & Grants $51,182
Program Service Revenue $0
Investment Income $43,842
Other Revenue $1,339
TOTAL REVENUE $96,363

Expense Breakdown

Grants Paid $76,749
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,949
Other Expenses $60,476
TOTAL EXPENSES $137,225

Year-over-Year Comparison

2022 2021 Change
Revenue $96,363 $267,575 -0.6%
Expenses $137,225 $129,605 +0.1%
Net Income $-40,862 $137,970 -1.3%
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
13
Independent Members
13
Employees
N/A
Volunteers
50

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
7
$437,793
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA MANGIAFICO BOARD VICE PRESIDENT/BOARD PRESIDENT 8.00
Officer Director
$0 $0 $0
MARGERY N SLY BOARD PRESIDENT 8.00
Officer Director
$0 $0 $0
ELIZABETH MYERS DIRECTOR/BOARD VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
SHARMILA BHATIA TREASURER 8.00
Officer Director
$0 $0 $0
NATALIE BAUR DIRECTOR 8.00
Director
$0 $0 $0
TERRY BAXTER DIRECTOR 8.00
Director
$0 $0 $0
JESSICA CHAPEL DIRECTOR 8.00
Director
$0 $0 $0
COURTNEY CHARTIER DIRECTOR 8.00
Director
$0 $0 $0
ROBERT CLARK DIRECTOR 8.00
Director
$0 $0 $0
ELIZABETH JOFFRION DIRECTOR 8.00
Director
$0 $0 $0
CARLI LOWE DIRECTOR 8.00
Director
$0 $0 $0
DEREK MOSLEY DIRECTOR 8.00
Director
$0 $0 $0
GERRIANNE SCHAAD DIRECTOR 8.00
Director
$0 $0 $0
RACHEL VAGTS DIRECTOR 8.00
Director
$0 $0 $0
HELEN WONG SMITH DIRECTOR 8.00
Director
$0 $0 $0
JACQUALINE PRICE OSAFO EXECUTIVE DIRECTOR 5.00
Officer
$0 $24,361 $229,427
PETER CARLSON DIR OF FINANCE & ADMIN 5.00
Officer
$0 $18,841 $155,451
CHERIE NEWELL CHIEF OF OPERATIONS 5.00
Officer
$0 $3,973 $52,915
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
2023 $96,363 $137,225 $1,873,207 $-40,862
2022 $267,575 $129,605 $1,749,746 $137,970
2021 $254,565 $127,347 $2,188,161 $127,218
2020 $256,252 $191,967 $1,657,486 $64,285
2019 $139,733 $94,698 $1,581,083 $45,035
2018 $186,236 $134,620 $1,460,075 $51,616
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