Americans for Financial Reform Education Fund

EIN: 822553525 501(c)(3) Public & Societal Benefit

Washington, DC

Total Revenue
$4,218,148
Total Expenses
$4,866,283
Total Assets
$7,219,625
Net Assets
$6,273,415
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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
2018
Legal Domicile
DC
Principal Officer
Lisa Donner
Phone
2024661885
Tax Period
2024-01-01 to 2024-12-31

Americans for Financial Reform Education Fund, founded in 2018, is a community nonprofit in the Public & Societal Benefit sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $4.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

To create a fair and just financial system that contributes to shared prosperity for all families and communities.

Program Service Accomplishments

Program 1
Expenses: $3,986,877

Explanation Legislative advocacy to advance consumer financial protection and a more just and accountable financial system. We organize advocacy campaigns to advance or oppose legislation on a broad...

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Explanation Legislative advocacy to advance consumer financial protection and a more just and accountable financial system. We organize advocacy campaigns to advance or oppose legislation on a broad scope of finance and financial markets related issues, from high cost lending abuses, to investor protections, to capital markets, to private funds and more with the goals of making lending and financial markets safer and fairer for the public, and better supporting a more equitable, stable, and sustainable economy. Building and Mobilizing a Robust Coalition to Support Financial Reform and Regulation: We bring together a nonpartisan nonprofit coalition including civil rights, consumer, labor, investor, small business, and civic and community-based organizations. We build connections among disparate groups; put together and nurture an infrastructure to develop and share information, insights, tools, tactics, and strategies; and provide strategic analysis, materials, research and other tools so that together we can develop and advance economic and racial justice priorities to reform the financial system. Policy Analysis and Development: We analyze legislation and policy proposals in the financial space including in the areas of consumer financial protection, investor protection, financial stability / systemic risk, non-bank financial actors, student lending, taxes, and other policies as they affect Wall Street, from a public interest perspective. We explain and support or oppose proposals, present testimony, and report on how members of Congress vote on issues connected to the regulation and design of the financial system. We work with our allies to develop and promote legislative solutions to stop financial sector abuses of economically vulnerable families and communities and reverse growing inequality that results from unchecked financialization and speculation

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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 $3,967,643
Program Service Revenue $0
Investment Income $127,236
Other Revenue $123,269
TOTAL REVENUE $4,218,148

Expense Breakdown

Grants Paid $399,450
Salaries & Benefits $3,602,302
Fundraising Expenses $181,425
Program Expenses $3,986,877
Other Expenses $864,531
TOTAL EXPENSES $4,866,283

Year-over-Year Comparison

2024 2023 Change
Revenue $4,218,148 $5,574,904 -0.2%
Expenses $4,866,283 $4,990,277 0.0%
Net Income $-648,135 $584,627 -2.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
42
Volunteers
8

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
3
$349,071
Total Directors
9
$185,614
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Donner Executive Director 27.37
Officer Director
$162,102 $23,512 $185,614
Ericka Taylor Popular Education Mgr Take on Wall 40.00
Highest
$147,138 $21,706 $168,844
Gynnie Robnett Chief Operating Officer 40.00
Officer
$125,548 $37,909 $163,457
Porter McConnell Senior Director 40.00
Highest
$125,863 $35,106 $160,969
Aditi Sen Research Director 40.00
Highest
$122,998 $18,081 $141,079
Alexander Martin Policy Director 40.00
Highest
$110,014 $17,127 $127,141
Carter Dougherty Communications Director 40.00
Highest
$107,208 $7,286 $114,494
Darrick Hamilton Director 1.25
Director
$0 $0 $0
Saqib Bhatti Director 1.25
Director
$0 $0 $0
Rebecca Dixon Director 1.25
Director
$0 $0 $0
Steven Renderos Director 1.25
Director
$0 $0 $0
Kimberly Longey Director 1.25
Director
$0 $0 $0
Graham Steele Director 1.25
Director
$0 $0 $0
Mehrsa Baradaran Director 1.25
Director
$0 $0 $0
Anna Lefer Kuhn Treasurer 1.25
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
2024 $4,218,148 $4,866,283 $7,219,625 $-648,135
2023 $5,574,904 $4,990,277 $7,919,764 $584,627
2022 $3,427,093 $4,418,993 $7,519,746 $-991,900
2021 $3,982,317 $3,425,296 $8,369,313 $557,021
2020 $2,289,615 $2,872,478 $7,779,130 $-582,863
2019 $1,818,838 $2,329,278 $7,977,791 $-510,440
2018 $9,937,892 $1,782,864 $8,532,455 $8,155,028
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