Civic Intelligence

Association of Fraternitysorority

EIN 16-1104950 • 501(c)6 • Fishers, IN

Profile

Afa provides exceptional experiences, a vibrant community, and essential resources for the success of fraternity/sorority advisors, it is the mission of afa to elevate the standard for effective professional practice in working with sororities and fraternities in higher education.

11722 Allisonville Road Ste 103Fishers, IN 46038

www.afa1976.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.24x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.42x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$107,404

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

5.8%

Faster revenue growth than 51% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,758,903

Up $320,426 (+22%) from 2023

Liabilities

Up

$419,189

Up $41,973 (+11%) from 2023

Net Assets

Up

$1,339,714

Up $278,453 (+26%) from 2023

Revenue

Up

$995,343

Up $54,168 (+5.8%) from 2023

Expenses

Down

$892,159

Down $66,197 (-6.9%) from 2023

Net Income

Up

$103,184

Up $120,365 (+701%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $560,088Liabilities 2010: $26,668Net Assets 2010: $533,4202010Assets 2011: $509,551Liabilities 2011: $15,275Net Assets 2011: $494,2762011Assets 2012: $529,983Liabilities 2012: $9,410Net Assets 2012: $520,5732012Assets 2013: $628,865Liabilities 2013: $21,298Net Assets 2013: $607,5672013Assets 2014: $746,452Liabilities 2014: $36,132Net Assets 2014: $710,3202014Assets 2015: $818,381Liabilities 2015: $50,719Net Assets 2015: $767,6622015Assets 2016: $849,727Liabilities 2016: $96,568Net Assets 2016: $753,1592016Assets 2017: $774,901Liabilities 2017: $85,799Net Assets 2017: $689,1022017Assets 2018: $954,606Liabilities 2018: $181,922Net Assets 2018: $772,6842018Assets 2019: $1,039,122Liabilities 2019: $174,601Net Assets 2019: $864,5212019Assets 2020: $1,328,822Liabilities 2020: $364,373Net Assets 2020: $964,4492020Assets 2021: $1,444,444Liabilities 2021: $351,707Net Assets 2021: $1,092,7372021Assets 2022: $1,339,818Liabilities 2022: $334,808Net Assets 2022: $1,005,0102022Assets 2023: $1,438,477Liabilities 2023: $377,216Net Assets 2023: $1,061,2612023Assets 2024: $1,758,903Liabilities 2024: $419,189Net Assets 2024: $1,339,7142024

Highlighted filing

2024

Assets$1,758,903
Liabilities$419,189
Net Assets$1,339,714

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $484,9052010Expenses 2011: $604,2392011Expenses 2012: $664,6192012Expenses 2013: $573,6952013Revenue 2014: $692,417Expenses 2014: $654,377Net Income 2014: $38,0402014Revenue 2015: $765,148Expenses 2015: $686,629Net Income 2015: $78,5192015Revenue 2016: $873,059Expenses 2016: $886,055Net Income 2016: -$12,9962016Revenue 2017: $744,306Expenses 2017: $821,393Net Income 2017: -$77,0872017Revenue 2018: $936,464Expenses 2018: $817,727Net Income 2018: $118,7372018Revenue 2019: $992,061Expenses 2019: $908,295Net Income 2019: $83,7662019Revenue 2020: $968,772Expenses 2020: $952,089Net Income 2020: $16,6832020Revenue 2021: $552,359Expenses 2021: $567,584Net Income 2021: -$15,2252021Revenue 2022: $854,890Expenses 2022: $710,577Net Income 2022: $144,3132022Revenue 2023: $941,175Expenses 2023: $958,356Net Income 2023: -$17,1812023Revenue 2024: $995,343Expenses 2024: $892,159Net Income 2024: $103,1842024

Highlighted filing

2024

Revenue$995,343
Expenses$892,159
Net Income$103,184

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.42$1.34$1.00$0.89$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.38$1.06$0.94$0.96$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.33$1.01$0.85$0.71$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.35$1.09$0.55$0.57$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.36$0.96$0.97$0.95$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.17$0.86$0.99$0.91$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.18$0.77$0.94$0.82$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.77$0.09$0.69$0.74$0.82$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.10$0.75$0.87$0.89$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.05$0.77$0.77$0.69$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.04$0.71$0.69$0.65$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.02$0.61$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.02$0.49$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.03$0.53$0.48
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
$995,343
Mission and Program Overview

Mission

Afa enhances its members' abilities to foster impactful fraternity/sorority experiences.

Afa provides exceptional experiences, a vibrant community, and essential resources for the success of fraternity/sorority advisors. It is the mission of afa to elevate the standard for effective professional practice in working with sororities and fraternities in higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,240,520$1,491,304▲ $250,784
Cash and Non-Interest-Bearing Accounts$115,628$105,663▼ $9,965
Prepaid Expenses and Deferred Charges$11,681$82,004▲ $70,323
Accounts Receivable$32,326$14,573▼ $17,753
Total Assets$1,438,477$1,758,903▲ $320,426
Other Assets Total$38,322$65,359▲ $27,037
Liabilities
Deferred Revenue$163,477$228,084▲ $64,607
Mortgage Notes Payable Secured by Investment Property$157,696$154,015▼ $3,681
Other Liabilities$18,787$30,704▲ $11,917
Accounts Payable and Accrued Expenses$37,256$6,386▼ $30,870
Total Liabilities$377,216$419,189▲ $41,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,061,261$1,339,714▲ $278,453
Total Net Assets Fund Balance$1,061,261$1,339,714▲ $278,453
Total Liabilities and Net Assets / Fund Balance$1,438,477$1,758,903▲ $320,426
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason BergeronExecutive DirectorFT$96,361$11,043$107,404
Michael WilsonCFOPT$18,790$2,816$21,606

Board Members and Trustees

NameTitle
Noah BortonPresident
Dr Francisco LugoDirector
Dr Kevin BaileyDirector
Joshua WelchDirector
Teresia WilliamsDirector
Tara FullerSecretary
Brian WarrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$274,622
Program Service Revenue
$566,067
Investment Income
$75,582
Other Revenue
$79,072
All Other Contributions
$87,493
Change in Net Assets
$103,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$995,343
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$175,269
Total Revenue per Audited Statements
$1,170,612
Total Revenue per Form 990
$995,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$480,700
Salaries, Compensation, and Employee Benefits$410,459
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$276,034$11,227-$287,261
Other Salaries and Wages$263,023$18,426-$281,449
Current Officers, Directors, Trustees, and Key Employees$120,564$8,446-$129,010
Fees for Services Other$2,643$71,783-$74,426
Information Technology$36,153$10,415-$46,568
Fees for Services Accounting$2,831$6,059-$8,890
Office Expenses$6,505$286-$6,791
Interest$4,301$1,882-$6,183
Insurance$3,641$1,593-$5,234
Other Expenses$2,730$1,195-$3,925
Fees for Services Legal-$1,706-$1,706
Grants to Domestic Individuals$1,000--$1,000
Total Functional Expenses$743,301$148,858$0$892,159

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$892,159
Total Expenses per Audited Statements$892,159
Total Expenses per Form 990$892,159
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Center for Fraternal Excellence, Inc.$30,600
Accrued Expenses$104
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association of fraternity/sorority advisors (afa) has a service agreement with center for fraternal excellence, association management company, to perform management duties including cfo services, human resources, accounting, office and it functions, and other administrative services. The cfo was paid $18,790.27 for services provided to afa.

Form 990, Part VI, Section A, Line 6

The classes of membership in the association shall be professional, graduate, affiliate, vendor, and emeritus. Professional: professional members shall be those persons holding full-time paid positions either (1) at a college/university or (2) at an inter/national fraternity or sorority. Graduate: graduate members shall be those persons who are enrolled as part-time or full-time graduate students (masters or doctoral) but who are not employed in any full-time, professional position. Affiliate: affiliate members shall be persons who are actively concerned with the advisement of men's and women's fraternities and sororities who are not employed by a college/university or inter/national fraternity or sorority. Vendor: vendor members shall be those organizations, companies, manufacturers, or suppliers of goods and services, either for profit or not for profit in nature, that support the policies, purposes, and activities of the association. Vendor members shall be subject to the approval of the president. Emeritus: emeritus members shall be those persons who have been professional members of the association up to the time they have retired from the field of higher education or from an inter/national fraternity or sorority staff, but still actively interested in men's or women's fraternities and sororities.

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

Line 7a explanation - the nominations and elections committee shall be chaired by a past president as appointed by the current president with the approval of the board of directors. One professional, affiliate, graduate, or emeritus member from each of the regions shall be appointed by the president and approved by the board of directors. During the normal election process, professional, affiliate, graduate, and emeritus members and past presidents shall elect the region's other representatives to a nominations and elections committee composed of ten professional, affiliate, graduate, or emeritus members; two from each of the regions of the association; with all elected and appointed representatives to have been members of the association for a minimum of three years prior to election. The nominations and elections committee shall consist of eleven (11) members, including five (5) elected representatives, five (5) appointed representatives and a chair. The chair of the nominations and elections committee shall be a past president of the association, who shall be appointed by the president with the approval of the board of directors. The president of the association shall appoint five (5) professional, affiliate, graduate, or emeritus members. During the normal election process, five (5) professional, affiliate, graduate, or emeritus members shall be elected by the eligible voting membership. Should a member of the nominations and elections committee resign, the board may appoint a replacement. At no time shall the committee be fewer than seven (7) members. All members of the nominations and elections committee must have been members of the association for a minimum of three years prior to nomination or appointment. Nominations and elections committee representatives serve for one year. No representative may serve more than two consecutive terms. The nominations and elections committee establishes the association's nominations and elections procedures not specified in the bylaws, subject to approval by the board of directors.

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

Line 7b explanation - professional, graduate, affiliate, and emeritus members shall be entitled to one vote in all business of the association. In addition, amendments to or a repeal of the association's bylaws shall be approved by a two-thirds affirmative vote of the professional, affiliate, graduate, and emeritus members and past presidents present at the annual business session of the association duly called, provided written notice of proposed changes has been sent to the members and past presidents thirty days before such meeting; or by majority vote of the members and past president voting by a thirty day mail or electronic ballot.

Form 990, Part VI, Section A, Line 8B

Line 8b explanation - the association does not have any committee with the authority to act on behalf of the governing body.

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

Line 11b explanation - the form 990 and all related schedules, statement, and attachments are reviewed and approved by the executive director prior to filing with the irs. In addition, a copy of the form 990 is provided to the entire board of directors before filing. The most recent irs form 990 filing can be requested by contacting the central office.

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

The organization's conflict of interest policy covers all members of the association's board of directors, volunteer leaders, the executive director, and other employees. Persons covered by the policy are required to annually disclose their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. Potential conflicts of interest are disclosed to the president who will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by the policy; (c) ask the person to recuse him/herself from participation in related discussions or decisions within the association; or (d) ask the person to resign from his or her position in the association or, if the person refuses to resign, become subject to possible removal in accordance with the association's removal procedures. The association's executive director and designated board member(s) will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the president in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

Form 990, Part VI, Section C, Line 19

All documents are available to the public upon written request made to the attention of our executive director and received at our corporate office address.

Filing and Contact Details

Filer

Filer Name
Association of Fraternitysorority
EIN
16-1104950
Phone
9707974361
Address
11722 ALLISONVILLE ROAD STE 103, FISHERS, IN 46038

Signing Officer

Name
Jason Bergeron
Title
Executive Director
Phone
9707974361
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bergeron
Formed
1984
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
250

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association is organized as a not-for-profit corporation under section 501(c)(6) of the united states internal revenue code and similar state law. The exemption is on all income except unrelated business income. An unrelated trade or business of an exempt organization is any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the association and recognize a tax liability if the association has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the association, and has concluded that as of august 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The association has filed its federal and state income tax returns for periods through august 31, 2023 and is subject to routine audits by taxing jurisdictions. However, as of the date the financial statements were available to be issued, there were no audits for any tax periods in progress. These income tax returns are generally open to examination by the relevant taxing authorities for a period of three years from the later of the date the return was filed or its due date (including approved extensions).

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IRS990/MissionDesc0AFA PROVIDES EXCEPTIONAL EXPERIENCES, A VIBRANT COMMUNITY, AND ESSENTIAL RESOURCES FOR THE SUCCESS OF FRATERNITY/SORORITY ADVISORS, IT IS THE MISSION OF AFA TO ELEVATE THE STANDARD FOR EFFECTIVE PROFESSIONAL PRACTICE IN WORKING WITH SORORITIES AND FRATERNITIES IN HIGHER EDUCATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ADVANCEU IS A VIRTUAL BASED CLASSROOM WITH EDUCATIONAL PROGRAMS SPECIFICALLY DESIGNED TO ENHANCE THE ALIGNMENT OF THE FRATERNITY/SORORITY EXPERIENCE WITH THE CHANGING DYNAMICS OF HIGHER EDUCATION. ADVANCEU PROGRAMS PROVIDE AFA MEMBERS THE OPPORTUNITY TO ENGAGE ON A WIDE RANGE OF TOPICS WITH CONTENT EXPERTS WHO DEVELOP CURRICULUM WITH A SPECIFIC SET OF LEARNING OUTCOMES GEARED AT ACHIEVING HIGHER LEVELS OF PROFESSIONAL COMPETENCE IN OUR MEMBERS.THE GOAL OF ADVANCEU IS TO PROVIDE SEMINARS THAT RANGE FROM NEW SKILL DEVELOPMENT TO APPLICATION OF NEW CONCEPTS. PARTICIPANTS ARE EXPOSED TO NEW BEST PRACTICES IN HIGHER EDUCATION AND THEN ENCOURAGED TO APPLY THOSE NEW CONCEPTS TO OUR WORK WITH FRATERNITIES AND SORORITIES. EVERY ADVANCEU SESSION PROVIDES MEMBERS THE OPPORTUNITY TO CONTINUALLY DEVELOP AS A PROFESSIONAL, IS GROUNDED IN THE CORE COMPETENCIES FOR EXCELLENCE IN THE PROFESSION, AND CONTINUES TO ADVANCE YOU.FY24 HAD 40 ATTENDEES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01291
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FIRST 90 DAYS PROGRAM HELPS NEW FRATERNITY/SORORITY PROFESSIONALS ACCLIMATE TO ONE OF THE MOST UNIQUE ROLES IN HIGHER EDUCATION. THROUGH A SERIES OF INTERACTIVE VIRTUAL SESSIONS, PARTICIPANTS BUILD THEIR NETWORKS, UNDERSTAND THEIR POSITIONS, AND LEARN HOW TO PUT THEIR EXPERTISE INTO PRACTICE.THE PROGRAM HAS BEEN DESIGNED BASED ON A NEEDS ASSESSMENT OF FRATERNITY/SORORITY PROFESSIONALS AND STAKEHOLDERS AT EVERY LEVEL OF EXPERTISE. THE RESULT IS A DEVELOPMENTAL EXPERIENCE THAT PROVIDES CLEAR EXPECTATIONS ABOUT WHAT IT MEANS TO BE A CAMPUS-BASED PROFESSIONAL AND HELPS PARTICIPANTS TRANSITION INTO THE ROLE MORE EFFECTIVELY.DURING THE PROGRAM, PARTICIPANTS INTERACT WITH A VARIETY OF COLLEAGUES TO BUILD A NETWORK OF EXPERTISE THAT THEY CAN DRAW UPON THROUGHOUT THEIR CAREER. THEY INTEGRATE PROFESSIONAL PHILOSOPHY INTO DAILY PRACTICE, AND THEY WORK WITH THEIR SUPERVISOR TO CLARIFY WHAT IS EXPECTED OF A FRATERNITY/SORORITY PROFESSIONAL. THE EXPERIENCE ALSO HELPS PARTICIPANTS IDENTIFY THEIR CONTINUED PROFESSIONAL DEVELOPMENT NEEDS AND ASPIRATIONS BEYOND THE PROGRAM.FY24 52 PARTICIPANTS
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ANNUAL MEETING RELOAD - THE ANNUAL MEETING RELOAD GIVES MEMBERS AN OPPORTUNITY TO PARTICIPATE IN 20 SESSIONS FROM THE 2023 ANNUAL MEETING. SESSIONS ARE AVAILABLE TO ATTENDEES FOR ONE YEAR AFTER REGISTRATION, SO ATTENDEES CAN WATCH RECORDED SESSIONS FROM THE COMFORT OF THEIR WORKPLACE OR HOME. SESSIONS COVER TOPICS SUCH AS HUMAN RESOURCES, PROGRAM DEVELOPMENT, PREVENTION/INTERVENTION, AND OTHER CORE FUNCTIONS OF FSL WORK.FY24 11 PARTICIPANTS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CENTER FOR FRATERNAL EXCELLENCE, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION IS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH AUGUST 31, 2023 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MICHAEL WILSON IS COMPENSATED BY AN UNRELATED ENTITY, CENTER FOR FRATERNAL EXCELLENCE, FOR WORK PERFORMED FOR ASSOCIATION OF FRATERNITY/SORORITY ADVISORS. HE RECEIVED $18,790.27 FOR THE FISCAL YEAR FOR SERVICES TO THIS ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VII, LINE 5
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION OF FRATERNITY/SORORITY ADVISORS (AFA) HAS A SERVICE AGREEMENT WITH CENTER FOR FRATERNAL EXCELLENCE, ASSOCIATION MANAGEMENT COMPANY, TO PERFORM MANAGEMENT DUTIES INCLUDING CFO SERVICES, HUMAN RESOURCES, ACCOUNTING, OFFICE AND IT FUNCTIONS, AND OTHER ADMINISTRATIVE SERVICES. THE CFO WAS PAID $18,790.27 FOR SERVICES PROVIDED TO AFA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLASSES OF MEMBERSHIP IN THE ASSOCIATION SHALL BE PROFESSIONAL, GRADUATE, AFFILIATE, VENDOR, AND EMERITUS. PROFESSIONAL: PROFESSIONAL MEMBERS SHALL BE THOSE PERSONS HOLDING FULL-TIME PAID POSITIONS EITHER (1) AT A COLLEGE/UNIVERSITY OR (2) AT AN INTER/NATIONAL FRATERNITY OR SORORITY. GRADUATE: GRADUATE MEMBERS SHALL BE THOSE PERSONS WHO ARE ENROLLED AS PART-TIME OR FULL-TIME GRADUATE STUDENTS (MASTERS OR DOCTORAL) BUT WHO ARE NOT EMPLOYED IN ANY FULL-TIME, PROFESSIONAL POSITION. AFFILIATE: AFFILIATE MEMBERS SHALL BE PERSONS WHO ARE ACTIVELY CONCERNED WITH THE ADVISEMENT OF MEN'S AND WOMEN'S FRATERNITIES AND SORORITIES WHO ARE NOT EMPLOYED BY A COLLEGE/UNIVERSITY OR INTER/NATIONAL FRATERNITY OR SORORITY. VENDOR: VENDOR MEMBERS SHALL BE THOSE ORGANIZATIONS, COMPANIES, MANUFACTURERS, OR SUPPLIERS OF GOODS AND SERVICES, EITHER FOR PROFIT OR NOT FOR PROFIT IN NATURE, THAT SUPPORT THE POLICIES, PURPOSES, AND ACTIVITIES OF THE ASSOCIATION. VENDOR MEMBERS SHALL BE SUBJECT TO THE APPROVAL OF THE PRESIDENT. EMERITUS: EMERITUS MEMBERS SHALL BE THOSE PERSONS WHO HAVE BEEN PROFESSIONAL MEMBERS OF THE ASSOCIATION UP TO THE TIME THEY HAVE RETIRED FROM THE FIELD OF HIGHER EDUCATION OR FROM AN INTER/NATIONAL FRATERNITY OR SORORITY STAFF, BUT STILL ACTIVELY INTERESTED IN MEN'S OR WOMEN'S FRATERNITIES AND SORORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 7A EXPLANATION - THE NOMINATIONS AND ELECTIONS COMMITTEE SHALL BE CHAIRED BY A PAST PRESIDENT AS APPOINTED BY THE CURRENT PRESIDENT WITH THE APPROVAL OF THE BOARD OF DIRECTORS. ONE PROFESSIONAL, AFFILIATE, GRADUATE, OR EMERITUS MEMBER FROM EACH OF THE REGIONS SHALL BE APPOINTED BY THE PRESIDENT AND APPROVED BY THE BOARD OF DIRECTORS. DURING THE NORMAL ELECTION PROCESS, PROFESSIONAL, AFFILIATE, GRADUATE, AND EMERITUS MEMBERS AND PAST PRESIDENTS SHALL ELECT THE REGION'S OTHER REPRESENTATIVES TO A NOMINATIONS AND ELECTIONS COMMITTEE COMPOSED OF TEN PROFESSIONAL, AFFILIATE, GRADUATE, OR EMERITUS MEMBERS; TWO FROM EACH OF THE REGIONS OF THE ASSOCIATION; WITH ALL ELECTED AND APPOINTED REPRESENTATIVES TO HAVE BEEN MEMBERS OF THE ASSOCIATION FOR A MINIMUM OF THREE YEARS PRIOR TO ELECTION. THE NOMINATIONS AND ELECTIONS COMMITTEE SHALL CONSIST OF ELEVEN (11) MEMBERS, INCLUDING FIVE (5) ELECTED REPRESENTATIVES, FIVE (5) APPOINTED REPRESENTATIVES AND A CHAIR. THE CHAIR OF THE NOMINATIONS AND ELECTIONS COMMITTEE SHALL BE A PAST PRESIDENT OF THE ASSOCIATION, WHO SHALL BE APPOINTED BY THE PRESIDENT WITH THE APPROVAL OF THE BOARD OF DIRECTORS. THE PRESIDENT OF THE ASSOCIATION SHALL APPOINT FIVE (5) PROFESSIONAL, AFFILIATE, GRADUATE, OR EMERITUS MEMBERS. DURING THE NORMAL ELECTION PROCESS, FIVE (5) PROFESSIONAL, AFFILIATE, GRADUATE, OR EMERITUS MEMBERS SHALL BE ELECTED BY THE ELIGIBLE VOTING MEMBERSHIP. SHOULD A MEMBER OF THE NOMINATIONS AND ELECTIONS COMMITTEE RESIGN, THE BOARD MAY APPOINT A REPLACEMENT. AT NO TIME SHALL THE COMMITTEE BE FEWER THAN SEVEN (7) MEMBERS. ALL MEMBERS OF THE NOMINATIONS AND ELECTIONS COMMITTEE MUST HAVE BEEN MEMBERS OF THE ASSOCIATION FOR A MINIMUM OF THREE YEARS PRIOR TO NOMINATION OR APPOINTMENT. NOMINATIONS AND ELECTIONS COMMITTEE REPRESENTATIVES SERVE FOR ONE YEAR. NO REPRESENTATIVE MAY SERVE MORE THAN TWO CONSECUTIVE TERMS. THE NOMINATIONS AND ELECTIONS COMMITTEE ESTABLISHES THE ASSOCIATION'S NOMINATIONS AND ELECTIONS PROCEDURES NOT SPECIFIED IN THE BYLAWS, SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 7B EXPLANATION - PROFESSIONAL, GRADUATE, AFFILIATE, AND EMERITUS MEMBERS SHALL BE ENTITLED TO ONE VOTE IN ALL BUSINESS OF THE ASSOCIATION. IN ADDITION, AMENDMENTS TO OR A REPEAL OF THE ASSOCIATION'S BYLAWS SHALL BE APPROVED BY A TWO-THIRDS AFFIRMATIVE VOTE OF THE PROFESSIONAL, AFFILIATE, GRADUATE, AND EMERITUS MEMBERS AND PAST PRESIDENTS PRESENT AT THE ANNUAL BUSINESS SESSION OF THE ASSOCIATION DULY CALLED, PROVIDED WRITTEN NOTICE OF PROPOSED CHANGES HAS BEEN SENT TO THE MEMBERS AND PAST PRESIDENTS THIRTY DAYS BEFORE SUCH MEETING; OR BY MAJORITY VOTE OF THE MEMBERS AND PAST PRESIDENT VOTING BY A THIRTY DAY MAIL OR ELECTRONIC BALLOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 8B EXPLANATION - THE ASSOCIATION DOES NOT HAVE ANY COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 11B EXPLANATION - THE FORM 990 AND ALL RELATED SCHEDULES, STATEMENT, AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS. IN ADDITION, A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS BEFORE FILING. THE MOST RECENT IRS FORM 990 FILING CAN BE REQUESTED BY CONTACTING THE CENTRAL OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE ASSOCIATION'S BOARD OF DIRECTORS, VOLUNTEER LEADERS, THE EXECUTIVE DIRECTOR, AND OTHER EMPLOYEES. PERSONS COVERED BY THE POLICY ARE REQUIRED TO ANNUALLY DISCLOSE THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED TO THE PRESIDENT WHO WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THE POLICY; (C) ASK THE PERSON TO RECUSE HIM/HERSELF FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ASSOCIATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ASSOCIATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ASSOCIATION'S REMOVAL PROCEDURES. THE ASSOCIATION'S EXECUTIVE DIRECTOR AND DESIGNATED BOARD MEMBER(S) WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF OUR EXECUTIVE DIRECTOR AND RECEIVED AT OUR CORPORATE OFFICE ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01438477
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01758903
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011722 ALLISONVILLE ROAD STE 103
IRS990/USAddress/CityNm0FISHERS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046038
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.AFA1976.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON BERGERON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09707974361
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSOCIATION OF FRATERNITYSORORITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ADVISORS INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0161104950

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