IFA FOUNDATION

EIN: 521358631 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$1,939,942
Total Expenses
$1,997,474
Total Assets
$10,757,969
Net Assets
$10,472,418
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
DC
Principal Officer
AMY BROWN
Phone
2026288000
Tax Period
2024-11-01 to 2025-10-31

IFA FOUNDATION, founded in 1983, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $10.5M represent 65 months of operating reserves.

Mission

ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY;--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTICITIONERS; AND--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $1,997,474

THE FOUNDATION IS ORGANIZED AND OPERATED TO USE FUNDS DONATED BY IFA MEMBERS AND OTHERS, AND OTHER FUNDRAISING ACTIVITIES, TO FULFILL EDUCATIONAL OBJECTIVES, TO PROMOTE PROFESSIONAL DEVELOPMENT, AND...

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THE FOUNDATION IS ORGANIZED AND OPERATED TO USE FUNDS DONATED BY IFA MEMBERS AND OTHERS, AND OTHER FUNDRAISING ACTIVITIES, TO FULFILL EDUCATIONAL OBJECTIVES, TO PROMOTE PROFESSIONAL DEVELOPMENT, AND TO EXPAND THE KNOWLEDGE AND AWARENESS OF FRANCHISING. THE FOUNDATION ALSO CONDUCTS AND SUPPORTS RESEARCH INTO ALL ASPECTS OF FRANCHISING, AND PROVIDES SCHOLARSHIPS TO STUDENTS ENGAGED IN BUSINESS STUDIES AT COLLEGES AND UNIVERSITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,299,765
Program Service Revenue $0
Investment Income $640,177
Other Revenue $0
TOTAL REVENUE $1,939,942

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $664,021
Fundraising Expenses $0
Program Expenses $1,997,474
Other Expenses $1,326,453
TOTAL EXPENSES $1,997,474

Year-over-Year Comparison

2024 2023 Change
Revenue $1,939,942 $2,566,769 -0.2%
Expenses $1,997,474 $1,274,324 +0.6%
Net Income $-57,532 $1,292,445 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
N/A
Volunteers
22

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
5
$1,145,427
Total Directors
16
$1,145,427
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW HALLER PRESIDENT & CEO, IFA 5.00
Officer Director
$0 $135,947 $1,145,427
RICHARD SNOW CHAIR - DIVERSITY INSTITUTE BOARD 0.30
Director
$0 $0 $0
SEAN FALK CHAIR - VETFRAN COMMITTEE 0.30
Director
$0 $0 $0
TAMRA KENNEDY MEMBER (UNTIL 7/25) 0.30
Director
$0 $0 $0
JO KIRCHNER MEMBER 0.30
Director
$0 $0 $0
JOHN LANCASTER MEMBER 0.30
Director
$0 $0 $0
GORDON LOGAN MEMBER 0.30
Director
$0 $0 $0
JAMES MOWERY MEMBER (UNTIL 7/25) 0.30
Director
$0 $0 $0
PAUL PICKETT MEMBER (UNTIL 7/25) 0.30
Director
$0 $0 $0
KAREN SATTERLEE MEMBER 0.30
Director
$0 $0 $0
OMAR SIMMONS MEMBER 0.30
Director
$0 $0 $0
JJ SORRENTI MEMBER 0.30
Director
$0 $0 $0
JIM SQUIRE MEMBER 0.30
Director
$0 $0 $0
R SCOTT SUTTON MEMBER 0.30
Director
$0 $0 $0
STEVEN TURNER MEMBER (UNTIL 7/25) 0.30
Director
$0 $0 $0
EDITH WISEMAN MEMBER 0.30
Director
$0 $0 $0
RON FELDMAN CHAIR 0.30
Officer
$0 $0 $0
CATHERINE MONSON VICE CHAIR 0.30
Officer
$0 $0 $0
STEVE WHITE IMMEDIATE PAST CHAIR 0.30
Officer
$0 $0 $0
BILL HALL TREASURER - NON-VOTING 0.30
Officer
$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 $1,939,942 $1,997,474 $10,757,969 $-57,532
2024 $2,566,769 $1,274,324 $10,497,533 $1,292,445
2023 $917,988 $1,152,732 $8,685,284 $-234,744
2022 $426,102 $1,429,334 $8,892,420 $-1,003,232
2021 $448,911 $810,043 $11,223,530 $-361,132
2020 $536,414 $832,847 $10,063,126 $-296,433
2019 $1,240,252 $1,084,159 $10,137,667 $156,093
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