Civic Intelligence

The Appraisal Foundation

990 • Fiscal year 2023 • EIN 23-2493621

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 08, 2024

1155 15TH Street NW 1111Washington, DC 20005

(202) 347-7722

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.18x

Higher debt load relative to assets than 50% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.55x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

6th percentile

-55%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$483,459

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

9th percentile

-9.2%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-26%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$10,715,170

Down $1,084,840 (-9.2%) from 2022

Net Assets

Down

$8,767,841

Down $1,048,462 (-11%) from 2022

Liabilities

Down

$1,947,329

Down $36,378 (-1.8%) from 2022

Revenue

Down

$3,529,735

Down $1,250,865 (-26%) from 2022

Expenses

Up

$5,482,555

Up $380,963 (+7.5%) from 2022

Net Income

Down

-$1,952,820

Down $1,631,828 (-508%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $4,358,932Liabilities 2010: $465,199Net Assets 2010: $3,893,7332010Assets 2011: $4,778,794Liabilities 2011: $598,320Net Assets 2011: $4,180,4742011Assets 2012: $5,336,415Liabilities 2012: $477,016Net Assets 2012: $4,859,3992012Assets 2013: $5,746,918Liabilities 2013: $585,994Net Assets 2013: $5,160,9242013Assets 2014: $5,262,591Liabilities 2014: $604,751Net Assets 2014: $4,657,8402014Assets 2015: $4,233,668Liabilities 2015: $683,851Net Assets 2015: $3,549,8172015Assets 2016: $5,140,686Liabilities 2016: $835,413Net Assets 2016: $4,305,2732016Assets 2017: $5,632,261Liabilities 2017: $679,567Net Assets 2017: $4,952,6942017Assets 2018: $6,860,651Liabilities 2018: $629,320Net Assets 2018: $6,231,3312018Assets 2019: $8,978,414Liabilities 2019: $842,977Net Assets 2019: $8,135,4372019Assets 2020: $11,185,160Liabilities 2020: $775,664Net Assets 2020: $10,409,4962020Assets 2021: $12,806,075Liabilities 2021: $941,343Net Assets 2021: $11,864,7322021Assets 2022: $11,800,010Liabilities 2022: $1,983,707Net Assets 2022: $9,816,3032022Assets 2023: $10,715,170Liabilities 2023: $1,947,329Net Assets 2023: $8,767,8412023Assets 2024: $12,124,632Liabilities 2024: $2,030,575Net Assets 2024: $10,094,0572024

Highlighted filing

2023

Assets$10,715,170
Liabilities$1,947,329
Net Assets$8,767,841

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $4,318,618Expenses 2010: $3,932,234Net Income 2010: $386,3842010Revenue 2011: $4,321,848Expenses 2011: $4,018,725Net Income 2011: $303,1232011Expenses 2012: $3,907,0612012Revenue 2013: $4,183,689Expenses 2013: $4,269,512Net Income 2013: -$85,8232013Revenue 2014: $4,017,939Expenses 2014: $4,615,845Net Income 2014: -$597,9062014Revenue 2015: $3,773,550Expenses 2015: $4,349,180Net Income 2015: -$575,6302015Revenue 2016: $4,489,901Expenses 2016: $3,945,099Net Income 2016: $544,8022016Revenue 2017: $4,336,720Expenses 2017: $3,950,826Net Income 2017: $385,8942017Revenue 2018: $5,947,762Expenses 2018: $3,720,426Net Income 2018: $2,227,3362018Revenue 2019: $5,106,303Expenses 2019: $4,367,216Net Income 2019: $739,0872019Revenue 2020: $5,278,973Expenses 2020: $3,574,129Net Income 2020: $1,704,8442020Revenue 2021: $4,033,745Expenses 2021: $3,573,081Net Income 2021: $460,6642021Revenue 2022: $4,780,600Expenses 2022: $5,101,592Net Income 2022: -$320,9922022Revenue 2023: $3,529,735Expenses 2023: $5,482,555Net Income 2023: -$1,952,8202023Revenue 2024: $6,834,947Expenses 2024: $6,289,844Net Income 2024: $545,1032024

Highlighted filing

2023

Revenue$3,529,735
Expenses$5,482,555
Net Income-$1,952,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$7,342,680
Mission and Program Overview

Mission

The appraisal foundation is dedicated to promoting professionalism and enduring public trust in the valuation profession.

To advance the valuation profession by setting standards of excellence, promoting education and upholding the public trust.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,303,701$8,477,401▲ $173,700
Savings and Temporary Cash Investments$2,061,208$754,806▼ $1,306,402
Accounts Receivable$236,791$399,225▲ $162,434
Inventories for Sale or Use$68,161$190,049▲ $121,888
Prepaid Expenses and Deferred Charges$90,641$85,674▼ $4,967
Land, Buildings, and Equipment, Net$47,126$35,698▼ $11,428
Total Assets$11,800,010$10,715,170▼ $1,084,840
Other Assets Total$992,382$772,317▼ $220,065
Liabilities
Other Liabilities$1,528,730$1,403,700▼ $125,030
Accounts Payable and Accrued Expenses$451,077$536,883▲ $85,806
Deferred Revenue$3,900$6,746▲ $2,846
Total Liabilities$1,983,707$1,947,329▼ $36,378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,816,303$8,767,841▼ $1,048,462
Total Net Assets Fund Balance$9,816,303$8,767,841▼ $1,048,462
Total Liabilities and Net Assets / Fund Balance$11,800,010$10,715,170▼ $1,084,840

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,757$317,263$322,020
Leasehold Improvements$30,941$60,607$91,548
Other Assets Org$757,473--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David S BuntonPresidentFT$295,000$188,459$483,459
Kelly DavidsSenior Vice PresidentFT$232,808$33,863$266,671
Edna NkemnguVP, Finance & AdministrationFT$199,827$26,823$226,650
Lisa DesmaraisVP, Appraisal IssuesFT$189,846$20,222$210,068
Aida DedajicDirector, EngagementsFT$112,089$6,566$118,655
Amy KaufmanDirector, CommunicationsFT$112,071$6,023$118,094

Board Members and Trustees

NameTitle
Dayton D NordinChair
Randall KopferImmediate Past Chair
Tracy JohnstonVice Chair
Chris GreenwaltTrustee
Cindy RosenbergTrustee
Dave GanunTrustee
Krysta GerstnerTrustee
Lawrence ColoritoTrustee
Leigh LesterTrustee
Robert MorrisonTrustee
Robert W TaylorTrustee
Shaun FitzgeraldTrustee
Shelly TanakaTrustee
Steven ShermanTrustee
Randal DawsonTrustee (Appointed 10/2023)
David DoeringTrustee (Joined)
Meredith MeuwlyTrustee (Joined)
Scott SchaferTrustee (Joined)
Smedmore BernardTrustee (Joined)
Jillian WhiteTrustee (Resigned 06/2023)
Francois GregoireSecretary
Raymond WagesterTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Relman ColfaxLaw Firm-Legal Consultant1225 19th Street NW, Washington, DC 20036$486,852
Baker HostetlerLaw Firm-Legal ConsultantKey Tower 127 Public Square, Cleveland, OH 44114$152,939
Revenue and Support

Revenue Composition

Contributions and Grants
$121,824
Program Service Revenue
$3,325,388
Investment Income
$82,523
Other Revenue
$0
All Other Contributions
$121,824
Change in Net Assets
$-1,952,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,529,735
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$904,358
Total Revenue per Audited Statements
$4,434,093
Total Revenue per Form 990
$3,529,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,627,912
Salaries, Compensation, and Employee Benefits$2,429,643
Grants and Similar Amounts Paid$425,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$796,508$390,340-$1,186,848
Fees for Services Legal$522,637$107,744-$630,381
Fees for Services Other$456,647$139,799-$596,446
Other Salaries and Wages$384,114$184,767-$568,881
Other Employee Benefits$368,241$177,131-$545,372
Travel$524,527$10,284-$534,811
Grants to Domestic Orgs$400,000--$400,000
Office Expenses$340,269$9,805-$350,074
Occupancy$175,571$84,453-$260,024
Payroll Taxes$86,793$41,749-$128,542
Information Technology$80,366$38,295-$118,661
Insurance$28,233$13,581-$41,814
Fees for Services Accounting$5$32,899-$32,904
Foreign Grants$25,000--$25,000
Depreciation Depletion$7,716$3,712-$11,428
Other Expenses$2,498$1,202-$3,700
Total Functional Expenses$4,241,818$1,240,737$0$5,482,555

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,482,555
Total Expenses per Audited Statements$5,482,555
Total Expenses per Form 990$5,482,555
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Appraisal InstituteChicago, IL501(c)(3)Start-up assistance for PAREA program development.$0

International Summary

Offices
0
Employees
0
Spending
$25,000

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantmaking-00$25,000
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$907,548
Deferred Compensation$496,152
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
Yes
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 4

The Foundation amended its bylaws in December of 2023.

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

Sponsors each elect one member. The remaining members are elected at-large.

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

The Form 990 is distributed to the board members for review before filing with the Internal Revenue Service.

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

The Appraisal Foundation requires that each director, principal officer, and member of a committee with governing board delegates powers sign annually a statement affirming his understanding of and agreement with the conflict of interest policy. Periodic reviews are conducted with the aid (if necessary) of outside advisers.

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

The executive compensation committee is composed of the current chair, vice chair, and immediate past chair of the board of trustees; the current treasurer; and a member of the board of trustees independent from the executive committee. It meets annually to discuss the president's compensation and employment benefit package. Compensation decisions are made with the use of compensation reviews from outside consultants and current compensation surveys conducted by ASAE and other associations in the Washington, DC area.

Form 990, Part VI, Section C, line 19

Organizational documents and financial statements are available upon reasonable request.

Filing and Contact Details

Filer

Filer Name
The Appraisal Foundation
EIN
23-2493621
Phone
2023477722
Address
1155 15TH Street NW 1111, Washington, DC 20005

Signing Officer

Name
Kelly Davids
Title
President
Phone
2023477722
Signed
2024-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Davids
Formed
1987
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
14
Volunteers
21

Preparer

Firm
Aprio Advisory Group LLC
Address
111 Rockville Pike Suite 600, Rockville, MD 20850
Preparer
Stacy Cullen
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consulting: Program service expenses 353,707. Management and general expenses 139,799. Fundraising expenses 0. Total expenses 493,506. Contractor: Program service expenses 102,940. Management and general expenses 0. Fundraising expenses 0. Total expenses 102,940.

Financial Statement Notes

Part X, Line 2:

The Foundation evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of December 31, 2023 and 2022 there are no accruals for uncertain tax positions. If applicable, the Foundation records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by tax authorities.

Raw XML AppendixShowing 400 of 813 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Board of Trustees:Listening Tour and Stakeholder EngagementThe Board of Trustees began the year with a listening tour to engage with stakeholders across the profession, gathering their concerns and suggestions on how the Foundation could enhance public trust. These sessions were crucial in shaping the Board's agenda for the year. Regular updates were provided to demonstrate how stakeholder feedback influenced ongoing projects.Governance ModernizationOne of the major initiatives in 2023 was the Board Structure Work Group's report, which recommended streamlining and modernizing the Foundation's governance. Based on stakeholder feedback, the recommendations included eliminating direct appointments to the Board by external organizations, creating a new Partner category independent of financial contributions, and emphasizing governance responsibilities. After a public comment period, the Board adopted these recommendations and updated the bylaws accordingly. Implementation will continue through 2024.Successful Recruitment and NominationsThe Trustee and Boards Nominating Committees had a productive year, successfully recruiting new board members. The Boards Nominating Committee received a record 73 applications for the Appraisal Standards Board and Appraiser Qualifications Board. The Trustee Nominating Committee conducted two nomination cycles to ensure a full Board of Trustees for 2024. Both committees employed blind scoring and rubrics, achieving strong results.Diversity and Outreach EffortsThe Consumer Affairs and Stakeholder Outreach Committee and the Special Committee on Diversity, Equity, and Inclusion focused on outreach to aspiring appraisers in underserved communities. The Consumer Affairs Committee produced a video featuring a supervisor and trainee of color, highlighting their journey into the profession. The Chair of the Diversity, Equity, and Inclusion Committee attended an event at Morehouse College to promote the profession to students from the Atlanta University Center Consortium, where Foundation President Dave Bunton also spoke.Looking AheadAs the Board of Trustees prepares for 2024, the insights gained in 2023 will continue to guide their efforts.
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IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt22111147
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt234883
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt248523
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt25932
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt266566
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt276023
IRS990/Form990PartVIISectionAGrp/PersonNm0Dayton D Nordin
IRS990/Form990PartVIISectionAGrp/PersonNm1Tracy Johnston
IRS990/Form990PartVIISectionAGrp/PersonNm2Raymond Wagester
IRS990/Form990PartVIISectionAGrp/PersonNm3Francois Gregoire
IRS990/Form990PartVIISectionAGrp/PersonNm4Randall Kopfer
IRS990/Form990PartVIISectionAGrp/PersonNm5Lawrence Colorito
IRS990/Form990PartVIISectionAGrp/PersonNm6Shaun Fitzgerald
IRS990/Form990PartVIISectionAGrp/PersonNm7Dave Ganun
IRS990/Form990PartVIISectionAGrp/PersonNm8Krysta Gerstner
IRS990/Form990PartVIISectionAGrp/PersonNm9Chris Greenwalt
IRS990/Form990PartVIISectionAGrp/PersonNm10Leigh Lester
IRS990/Form990PartVIISectionAGrp/PersonNm11Robert Morrison
IRS990/Form990PartVIISectionAGrp/PersonNm12Cindy Rosenberg
IRS990/Form990PartVIISectionAGrp/PersonNm13Steven Sherman
IRS990/Form990PartVIISectionAGrp/PersonNm14Shelly Tanaka
IRS990/Form990PartVIISectionAGrp/PersonNm15Robert W Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm16Smedmore Bernard
IRS990/Form990PartVIISectionAGrp/PersonNm17David Doering
IRS990/Form990PartVIISectionAGrp/PersonNm18Meredith Meuwly
IRS990/Form990PartVIISectionAGrp/PersonNm19Scott Schafer
IRS990/Form990PartVIISectionAGrp/PersonNm20Jillian White
IRS990/Form990PartVIISectionAGrp/PersonNm21Randal Dawson
IRS990/Form990PartVIISectionAGrp/PersonNm22David S Bunton
IRS990/Form990PartVIISectionAGrp/PersonNm23Kelly Davids
IRS990/Form990PartVIISectionAGrp/PersonNm24Edna Nkemngu
IRS990/Form990PartVIISectionAGrp/PersonNm25Lisa Desmarais
IRS990/Form990PartVIISectionAGrp/PersonNm26Aida Dedajic
IRS990/Form990PartVIISectionAGrp/PersonNm27Amy Kaufman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22372312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23261788
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24218127
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25209136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26112089
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27112071
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Immediate Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee (Joined)
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee (Joined)
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee (Joined)
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee (Joined)
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee (Resigned 06/2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee (Appointed 10/2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt22President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Senior Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP, Finance & Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP, Appraisal Issues
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director, Engagements
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director, Communications
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-158067
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0425000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0400000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0400000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03654878
IRS990/GrossReceiptsAmt07342680
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt038295
IRS990/InformationTechnologyGrp/ProgramServicesAmt080366
IRS990/InformationTechnologyGrp/TotalAmt0118661
IRS990/InsuranceGrp/ManagementAndGeneralAmt013581
IRS990/InsuranceGrp/ProgramServicesAmt028233
IRS990/InsuranceGrp/TotalAmt041814
IRS990/InventoriesForSaleOrUseGrp/BOYAmt068161
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0190049
IRS990/InvestmentIncomeGrp/ExclusionAmt0240590
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0240590
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08303701
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08477401
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0377870
IRS990/LandBldgEquipBasisNetGrp/BOYAmt047126
IRS990/LandBldgEquipBasisNetGrp/EOYAmt035698
IRS990/LandBldgEquipCostOrOtherBssAmt0413568
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03812945
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the Appraisal Foundation is to advance the valuation profession by setting standards of excellence, promoting education and upholding the public trust.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt09816303
IRS990/NetAssetsOrFundBalancesEOYAmt08767841
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-158067
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-158067
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0904358
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09816303
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08767841
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt084453
IRS990/OccupancyGrp/ProgramServicesAmt0175571
IRS990/OccupancyGrp/TotalAmt0260024
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09805
IRS990/OfficeExpensesGrp/ProgramServicesAmt0340269
IRS990/OfficeExpensesGrp/TotalAmt0350074
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0992382
IRS990/OtherAssetsTotalGrp/EOYAmt0772317
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0177131
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0368241
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0545372
IRS990/OtherExpensesGrp/Desc0Credit card fees
IRS990/OtherExpensesGrp/Desc1Dues, subscriptions, an
IRS990/OtherExpensesGrp/Desc2Equipment rental and ma
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11202
IRS990/OtherExpensesGrp/ProgramServicesAmt024537
IRS990/OtherExpensesGrp/ProgramServicesAmt118156
IRS990/OtherExpensesGrp/ProgramServicesAmt22498
IRS990/OtherExpensesGrp/TotalAmt024537
IRS990/OtherExpensesGrp/TotalAmt123132
IRS990/OtherExpensesGrp/TotalAmt23700
IRS990/OtherLiabilitiesGrp/BOYAmt01528730
IRS990/OtherLiabilitiesGrp/EOYAmt01403700
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0184767
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0384114
IRS990/OtherSalariesAndWagesGrp/TotalAmt0568881
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt041749

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$2.03$10.1$6.83$6.29$0.55
2023Detailed filing. Detailed filing data is available for this year.$10.7$1.95$8.77$3.53$5.48$1.95
2022Detailed filing. Detailed filing data is available for this year.$11.8$1.98$9.82$4.78$5.10$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$0.94$11.9$4.03$3.57$0.46
2020Detailed filing. Detailed filing data is available for this year.$11.2$0.78$10.4$5.28$3.57$1.70
2019Detailed filing. Detailed filing data is available for this year.$8.98$0.84$8.14$5.11$4.37$0.74
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$0.63$6.23$5.95$3.72$2.23
2017Detailed filing. Detailed filing data is available for this year.$5.63$0.68$4.95$4.34$3.95$0.39
2016Detailed filing. Detailed filing data is available for this year.$5.14$0.84$4.31$4.49$3.95$0.54
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.68$3.55$3.77$4.35$0.58
2014Detailed filing. Detailed filing data is available for this year.$5.26$0.60$4.66$4.02$4.62$0.60
2013Detailed filing. Detailed filing data is available for this year.$5.75$0.59$5.16$4.18$4.27$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$0.48$4.86$3.91
2011Summary only. Only limited summary data is available for this year.$4.78$0.60$4.18$4.32$4.02$0.30
2010Summary only. Only limited summary data is available for this year.$4.36$0.47$3.89$4.32$3.93$0.39