Civic Intelligence

Financial Communications Society

EIN 13-3599761 • 501(c)3 • Westfield, NJ

Profile

To provide programs to inform, educate and inspire professionals in the financial communications market.

529 Hanford PlaceWestfield, NJ 07090

thefcs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

56th percentile

7.6%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

0.7%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$821,195

Up $98,771 (+14%) from 2023

Liabilities

Up

$24,130

Up $1,014 (+4.4%) from 2023

Net Assets

Up

$797,065

Up $97,757 (+14%) from 2023

Revenue

Up

$1,278,243

Up $9,352 (+0.7%) from 2023

Expenses

Up

$1,180,486

Up $3,795 (+0.3%) from 2023

Net Income

Up

$97,757

Up $5,557 (+6.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $163,859Liabilities 2011: $9,745Net Assets 2011: $154,1142011Assets 2012: $244,523Liabilities 2012: $16,558Net Assets 2012: $227,9652012Assets 2013: $425,448Liabilities 2013: $13,354Net Assets 2013: $412,0942013Assets 2014: $355,782Liabilities 2014: $9,395Net Assets 2014: $346,3872014Assets 2015: $453,389Liabilities 2015: $27,370Net Assets 2015: $426,0192015Assets 2016: $296,946Liabilities 2016: $34,369Net Assets 2016: $262,5772016Assets 2017: $399,908Liabilities 2017: $47,023Net Assets 2017: $352,8852017Assets 2018: $576,014Liabilities 2018: $33,534Net Assets 2018: $542,4802018Assets 2019: $495,812Liabilities 2019: $40,623Net Assets 2019: $455,1892019Assets 2020: $450,838Liabilities 2020: $35,809Net Assets 2020: $415,0292020Assets 2021: $703,179Liabilities 2021: $328,440Net Assets 2021: $374,7392021Assets 2022: $738,320Liabilities 2022: $131,212Net Assets 2022: $607,1082022Assets 2023: $722,424Liabilities 2023: $23,116Net Assets 2023: $699,3082023Assets 2024: $821,195Liabilities 2024: $24,130Net Assets 2024: $797,0652024

Highlighted filing

2024

Assets$821,195
Liabilities$24,130
Net Assets$797,065

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $842,094Expenses 2011: $807,380Net Income 2011: $34,7142011Revenue 2012: $871,732Expenses 2012: $797,881Net Income 2012: $73,8512012Revenue 2013: $1,105,624Expenses 2013: $921,495Net Income 2013: $184,1292013Revenue 2014: $1,170,170Expenses 2014: $1,235,877Net Income 2014: -$65,7072014Revenue 2015: $1,266,008Expenses 2015: $1,186,376Net Income 2015: $79,6322015Revenue 2016: $1,155,109Expenses 2016: $1,252,680Net Income 2016: -$97,5712016Revenue 2017: $1,244,107Expenses 2017: $1,153,799Net Income 2017: $90,3082017Revenue 2018: $1,399,805Expenses 2018: $1,210,210Net Income 2018: $189,5952018Revenue 2019: $1,259,469Expenses 2019: $1,346,760Net Income 2019: -$87,2912019Revenue 2020: $737,014Expenses 2020: $777,174Net Income 2020: -$40,1602020Revenue 2021: $366,568Expenses 2021: $406,858Net Income 2021: -$40,2902021Revenue 2022: $1,540,360Expenses 2022: $1,307,991Net Income 2022: $232,3692022Revenue 2023: $1,268,891Expenses 2023: $1,176,691Net Income 2023: $92,2002023Revenue 2024: $1,278,243Expenses 2024: $1,180,486Net Income 2024: $97,7572024

Highlighted filing

2024

Revenue$1,278,243
Expenses$1,180,486
Net Income$97,757

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.02$0.80$1.28$1.18$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.70$1.27$1.18$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.13$0.61$1.54$1.31$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.33$0.37$0.37$0.41$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.42$0.74$0.78$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.04$0.46$1.26$1.35$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.54$1.40$1.21$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.05$0.35$1.24$1.15$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.26$1.16$1.25$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.43$1.27$1.19$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$1.17$1.24$0.07
2013Summary only. Only limited summary data is available for this year.$0.43$0.01$0.41$1.11$0.92$0.18
2012Summary only. Only limited summary data is available for this year.$0.24$0.02$0.23$0.87$0.80$0.07
2011Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.84$0.81$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,278,243
Mission and Program Overview

Mission

To provide programs to inform, educate and inspire professionals in the financial communications market.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$444,804$515,499▲ $70,695
Accounts Receivable$85,745$148,009▲ $62,264
Savings and Temporary Cash Investments$74,957$74,972▲ $15
Prepaid Expenses and Deferred Charges$58,488$53,500▼ $4,988
Intangible Assets$58,430$29,215▼ $29,215
Total Assets$722,424$821,195▲ $98,771
Liabilities
Accounts Payable and Accrued Expenses$19,721$14,990▼ $4,731
Deferred Revenue$3,395$9,140▲ $5,745
Total Liabilities$23,116$24,130▲ $1,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$699,308$797,065▲ $97,757
Total Net Assets Fund Balance$699,308$797,065▲ $97,757
Total Liabilities and Net Assets / Fund Balance$722,424$821,195▲ $98,771
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin WindorfChief Executive OfficerFT$130,000$47,521$177,521

Board Members and Trustees

NameTitle
Tim HartChair
Katie WeberMembership Committee Chair
John MccormickProgramming Committee Chair
Tom JagoVice Chair
Anna GutowskiDirector
Damon WebberDirector
Etienne KatzDirector
Greg YatesDirector
Hailey BrentDirector
Jaime KalfusDirector
John TothDirector
Karen ListDirector
Katy BradyDirector
Kirti NaikDirector
Krissie HartDirector
Melissa ScauriDirector
Nia ArmstrongDirector
Paul LeibowitzDirector
Paul PatellaDirector
Rachel TuffneyDirector
Rob PfeifferDirector
Sheevani RaikundaliaDirector
Tad FabiaschiDirector
Katherine DivneyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Core Z Operations LLCContractor1356 BROADWAY, New York, NY 10018$274,923
Mckeon ProductionsContractor675 OCEAN AVENUE, Long Branch, NJ 07740$127,000
Revenue and Support

Revenue Composition

Contributions and Grants
$283,632
Program Service Revenue
$994,597
Investment Income
$14
Other Revenue
$0
All Other Contributions
$283,632
Change in Net Assets
$97,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$846,576
Salaries, Compensation, and Employee Benefits$250,038
Grants and Similar Amounts Paid$83,872
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,762$44,921-$179,683
Grants to Domestic Orgs$83,872--$83,872
Other Salaries and Wages$37,104$12,368-$49,472
Information Technology$40,042--$40,042
Depreciation Depletion$29,215--$29,215
Fees for Services Other$24,000--$24,000
Payroll Taxes$12,964$4,322-$17,286
Advertising$13,080--$13,080
Fees for Services Accounting-$9,350-$9,350
Other Employee Benefits$2,698$899-$3,597
Office Expenses-$3,448-$3,448
Other Expenses$261$2,590-$2,851
Travel$1,094$882-$1,976
All Other Expenses-$279-$279
Insurance$263--$263
Total Functional Expenses$1,085,784$94,702$0$1,180,486
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Make a Wish FoundationShelburne, VT501(c)(3)TO SUPPORT THE ORGANIZATION'S MISSION.$27,000
Downey SideWhite Plains, NY501(c)(3)TO SUPPORT THE ORGANIZATION'S MISSION.$17,350
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Marisa JagoRELATED TO ONE OF THE ORGANIZATION'S BOARD MEMBERS.Compensation.No$39,477
-Leibowitz Branding and Design Is Owned by a Board Member.Designing a New Website for Financial Communications Society.No$35,925
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

- the executive director provided freelance work to one of the organizations board members. - two members of the board of directors are related.

Form 990, Part VI, Section A, Line 6

The society was formed as a membership organization.

Form 990, Part VI, Section A, Line 7A

The society's members elect the board members and officers.

Form 990, Part VI, Section B, Line 11B

The form 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final form 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended form 990 will be filed.

Form 990, Part VI, Section B, Line 12C

The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information. Any conflict is reviewed by the board before a decision is made as to whether to approve the transaction.

Form 990, Part VI, Section B, Line 15A

Compensations are discussed and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Financial Communications Society
EIN
13-3599761
Phone
9088580427
Address
529 HANFORD PLACE, WESTFIELD, NJ 07090

Signing Officer

Name
Kevin Windorf
Title
Chief Executive Officer
Phone
9088580427
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Windorf
Formed
1992
Legal Domicile
Ny
Voting Board Members
24
Independent Board Members
20
Employees
2
Volunteers
35

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PROGRAMMING COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBERSHIP COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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