Civic Intelligence

Cfa Society of Washington DC

990 • Fiscal year 2024 • EIN 23-7360649

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 19, 2025

1101 Wilson Blvd 6th FloorArlington, VA 22209

(571) 568-3508

Siviq Scores

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

Liabilities / Assets

70th percentile

0.20x

Higher debt load relative to assets than 70% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.16x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

15th percentile

-11%

Higher net margin than 15% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$184,564

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

25th percentile

-4.5%

Faster asset growth than 25% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-1.8%

Faster revenue growth than 30% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$564,520

Down $147,967 (-21%) from 2022

Net Assets

Down

$454,321

Down $127,672 (-22%) from 2022

Liabilities

Down

$110,199

Down $20,295 (-16%) from 2022

Revenue

Down

$700,911

Down $20,291 (-2.8%) from 2022

Expenses

Down

$776,713

Down $76,291 (-8.9%) from 2022

Net Income

Up

-$75,802

Up $56,000 (+42%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $472,746Liabilities 2011: $4,432Net Assets 2011: $468,3142011Assets 2013: $744,532Liabilities 2013: $94,311Net Assets 2013: $650,2212013Assets 2014: $819,246Liabilities 2014: $78,620Net Assets 2014: $740,6262014Assets 2015: $883,783Liabilities 2015: $89,780Net Assets 2015: $794,0032015Assets 2016: $924,078Liabilities 2016: $105,489Net Assets 2016: $818,5892016Assets 2017: $989,741Liabilities 2017: $101,041Net Assets 2017: $888,7002017Assets 2020: $812,981Liabilities 2020: $45,990Net Assets 2020: $766,9912020Assets 2021: $981,081Liabilities 2021: $131,531Net Assets 2021: $849,5502021Assets 2022: $712,487Liabilities 2022: $130,494Net Assets 2022: $581,9932022Assets 2024: $564,520Liabilities 2024: $110,199Net Assets 2024: $454,3212024

Highlighted filing

2024

Assets$564,520
Liabilities$110,199
Net Assets$454,321

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $393,3532011Expenses 2013: $483,6492013Revenue 2014: $564,357Expenses 2014: $533,662Net Income 2014: $30,6952014Revenue 2015: $583,637Expenses 2015: $532,006Net Income 2015: $51,6312015Revenue 2016: $638,833Expenses 2016: $605,074Net Income 2016: $33,7592016Revenue 2017: $643,789Expenses 2017: $608,956Net Income 2017: $34,8332017Revenue 2020: $744,589Expenses 2020: $850,535Net Income 2020: -$105,9462020Revenue 2021: $536,866Expenses 2021: $570,213Net Income 2021: -$33,3472021Revenue 2022: $721,202Expenses 2022: $853,004Net Income 2022: -$131,8022022Revenue 2024: $700,911Expenses 2024: $776,713Net Income 2024: -$75,8022024

Highlighted filing

2024

Revenue$700,911
Expenses$776,713
Net Income-$75,802
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 19, 2025
Return Version
2023v6.0
Gross Receipts
$745,535
Mission and Program Overview

Mission

To advance members' professional success and facilitate a vibrant, engaged community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$376,798$371,352▼ $5,446
Cash and Non-Interest-Bearing Accounts$108,044$81,431▼ $26,613
Accounts Receivable$71,820$78,570▲ $6,750
Land, Buildings, and Equipment, Net$26,926$17,483▼ $9,443
Prepaid Expenses and Deferred Charges$7,366$15,684▲ $8,318
Total Assets$590,954$564,520▼ $26,434
Liabilities
Deferred Revenue$64,350$92,575▲ $28,225
Accounts Payable and Accrued Expenses$25,043$17,624▼ $7,419
Total Liabilities$89,393$110,199▲ $20,806
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$501,561$454,321▼ $47,240
Total Net Assets Fund Balance$501,561$454,321▼ $47,240
Total Liabilities and Net Assets / Fund Balance$590,954$564,520▼ $26,434

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,574$24,862$41,436
Equipment$909$10,218$11,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bill ScottCEOFT$159,000$25,564$184,564

Board Members and Trustees

NameTitle
Victor KrasijChair
Julie DellingerImmediate Past Chair
Adela SkenderasiDirector
Christine SongDirector
Juan EcheverriDirector
Kathleen GeorgeDirector
Ranjit PawarDirector
Ryan TorgusonDirector
Xin ZhouSecretary
Alex SeleznevTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Crystal Gateway MarriottMeeting Venue Services1700 Richmond Hwy, Arlington, VA 22202$105,114
Revenue and Support

Revenue Composition

Contributions and Grants
$120,001
Program Service Revenue
$530,840
Investment Income
$15,990
Other Revenue
$34,080
All Other Contributions
$120,001
Change in Net Assets
$-75,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$700,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$28,563
Total Revenue per Audited Statements
$729,474
Total Revenue per Form 990
$700,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$392,402
Other Expenses$384,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$209,934
Current Officers, Directors, Trustees, and Key Employees---$194,474
Other Salaries and Wages---$161,206
Occupancy---$40,925
Fees for Services Accounting---$39,110
Information Technology---$36,351
Payroll Taxes---$25,409
Fees for Services Other---$20,169
Office Expenses---$12,275
Depreciation Depletion---$9,443
Other Employee Benefits---$8,717
Advertising---$4,351
Fees for Services Legal---$3,338
Pension Plan Contributions---$2,596
Other Expenses---$704
Travel---$329
Total Functional Expenses$0$0$0$776,713

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$776,714
Total Expenses per Audited Statements$776,714
Total Expenses per Form 990$776,714
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Society has members. The classes of membership in the Society are Regular Members, Affiliate Members, Student Members, Candidate Members, Guest Members and Professional Leave Members. Only Regular Members In Good Standing have voting rights in the Society. Each Regular Member In Good Standing is entitled to one (1) vote on each matter submitted to the Regular Members. Affiliate Members and other members do not have voting rights in the Society.

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

Voting members elect the members of the governing body.

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

Voting members shall have the right to vote, as set forth in the Bylaws, on the election of directors, and all other matters submitted to the Regular Members for vote.

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

The 990 will be shared with the Finance Committee for review and approval. The 990 is then shared with the Board of Directors with the approval of the Finance Committee.

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

The Society, through the Board of Directors, regularly monitors any potential conflict of interest of officers and directors. All Board members are sent a Conflict of Interest form annually that details the policy and asks them to list any conflicts they might have. Any conflicts are reviewed by the CEO and Board Chair to determine if any further deliberation is required by the Board of Directors, who decides if any action is required.

Form 990, Part VI, Section B, line 15

The Executive Committee of the Board of Directors addresses Executive Compensation and the Board of Directors approves it.

Form 990, Part VI, Section C, line 19

The Society's governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
CFA Society Washington DC
EIN
23-7360649
Phone
5715683508
Address
1101 Wilson Blvd 6th Floor, Arlington, VA 22209

Signing Officer

Name
Bill Scott
Title
President and CEO
Phone
5715683508
Signed
2025-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Scott
Formed
1967
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
25

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Amanda E Waterhouse
Phone
7038930300
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

CFAW is exempt from payment of taxes on income other than net unrelated business income under Section 501(c)(6) of the Internal Revenue Code. No tax expense is recorded in the accompanying financial statements as there was no significant net unrelated business taxable income. Management has evaluated CFAW's tax positions and concluded that the financial statements do not include any uncertain tax positions.

Raw XML AppendixShowing 400 of 423 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025043
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017624
IRS990/AccountsReceivableGrp/BOYAmt071820
IRS990/AccountsReceivableGrp/EOYAmt078570
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To advance members' professional success and facilitate a vibrant, engaged community.
IRS990/AdvertisingGrp/TotalAmt04351
IRS990/AllOtherContributionsAmt0120001
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Bill Scott CEO
IRS990/BooksInCareOfDetail/PhoneNum05715683508
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01101 Wilson Blvd 6th Floor
IRS990/BooksInCareOfDetail/USAddress/CityNm0Arlington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022209
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0108044
IRS990/CashNonInterestBearingGrp/EOYAmt081431
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0194474
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0209934
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0105114
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01700 Richmond Hwy
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Arlington
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022202
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Crystal Gateway Marriott
IRS990/ContractorCompensationGrp/ServicesDesc0Meeting Venue Services
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0120001
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt015990
IRS990/CYOtherExpensesAmt0384311
IRS990/CYOtherRevenueAmt034080
IRS990/CYProgramServiceRevenueAmt0530840
IRS990/CYRevenuesLessExpensesAmt0-75802
IRS990/CYSalariesCompEmpBnftPaidAmt0392402
IRS990/CYTotalExpensesAmt0776713
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0700911
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt064350
IRS990/DeferredRevenueGrp/EOYAmt092575
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt09443
IRS990/Desc0CFA Society Washington, DC links its members with each other, those interested in joining the profession, and the community through many activities including professional development and networking events. In the diverse and growing Washington investment community, the society plays a vital role from advocating the highest ethical practices to promoting career opportunities for members.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt039110
IRS990/FeesForServicesLegalGrp/TotalAmt03338
IRS990/FeesForServicesOtherGrp/TotalAmt020169
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt108797
IRS990/Form990PartVIISectionAGrp/PersonNm0Victor Krasij
IRS990/Form990PartVIISectionAGrp/PersonNm1Alex Seleznev
IRS990/Form990PartVIISectionAGrp/PersonNm2Xin Zhou
IRS990/Form990PartVIISectionAGrp/PersonNm3Julie Dellinger
IRS990/Form990PartVIISectionAGrp/PersonNm4Juan Echeverri
IRS990/Form990PartVIISectionAGrp/PersonNm5Adela Skenderasi
IRS990/Form990PartVIISectionAGrp/PersonNm6Christine Song
IRS990/Form990PartVIISectionAGrp/PersonNm7Ryan Torguson
IRS990/Form990PartVIISectionAGrp/PersonNm8Kathleen George
IRS990/Form990PartVIISectionAGrp/PersonNm9Ranjit Pawar
IRS990/Form990PartVIISectionAGrp/PersonNm10Bill Scott
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/ReportableCompFromOrgAmt10175767
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/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Immediate Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt05376
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt050000
IRS990/GrossReceiptsAmt0745535
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt036351
IRS990/InvestmentIncomeGrp/ExclusionAmt010614
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010614
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0376798
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0371352
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt035080
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026926
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017483
IRS990/LandBldgEquipCostOrOtherBssAmt052563
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt044624
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To advance members' professional success and facilitate a vibrant, engaged community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0501561
IRS990/NetAssetsOrFundBalancesEOYAmt0454321
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05376
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05376
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt028563
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0501561
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0454321
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt040925
IRS990/OfficeExpensesGrp/TotalAmt012275
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08717
IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
IRS990/OtherExpensesGrp/Desc1Taxes and licenses
IRS990/OtherExpensesGrp/Desc2Other Expenses
IRS990/OtherExpensesGrp/TotalAmt04215
IRS990/OtherExpensesGrp/TotalAmt13167
IRS990/OtherExpensesGrp/TotalAmt2704
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/ExclusionAmt034080
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034080
IRS990/OtherRevenueTotalAmt034080
IRS990/OtherSalariesAndWagesGrp/TotalAmt0161206
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt025409
IRS990/PensionPlanContributionsGrp/TotalAmt02596
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07366
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015684
IRS990/PrincipalOfficerNm0Bill Scott
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0813920
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/Desc1Sponsorships
IRS990/ProgramServiceRevenueGrp/Desc2Professional education/networking
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0199298
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281647
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281647
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1199298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249895
IRS990/ProgSrvcAccomActy2Grp/Desc0The Society also sponsors local classes to prepare candidates for the Chartered Financial Analyst (CFA) exam, a prerequisite to earning the CFA designation, which is awarded by CFA Institute and has been attained by most Society members.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0195865
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013164
IRS990/PYOtherExpensesAmt0436514
IRS990/PYOtherRevenueAmt034794
IRS990/PYProgramServiceRevenueAmt0469673
IRS990/PYRevenuesLessExpensesAmt0-102103
IRS990/PYSalariesCompEmpBnftPaidAmt0379085
IRS990/PYTotalExpensesAmt0815599
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0713496
IRS990/ReconcilationRevenueExpnssAmt0-75802
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0909
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011127
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0776714
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt028563
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016574
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024862
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041436
IRS990ScheduleD/RevenueNotReportedAmt028563
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0700911
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CFAW is exempt from payment of taxes on income other than net unrelated business income under Section 501(c)(6) of the Internal Revenue Code. No tax expense is recorded in the accompanying financial statements as there was no significant net unrelated business taxable income. Management has evaluated CFAW's tax positions and concluded that the financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017483
IRS990ScheduleD/TotalExpensesPerForm990Amt0776714
IRS990ScheduleD/TotalRevenuePerForm990Amt0700911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0729474
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0776714
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount016767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05197
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt03600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Bill Scott
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0184564
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Society has members. The classes of membership in the Society are Regular Members, Affiliate Members, Student Members, Candidate Members, Guest Members and Professional Leave Members. Only Regular Members In Good Standing have voting rights in the Society. Each Regular Member In Good Standing is entitled to one (1) vote on each matter submitted to the Regular Members. Affiliate Members and other members do not have voting rights in the Society.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Voting members elect the members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Voting members shall have the right to vote, as set forth in the Bylaws, on the election of directors, and all other matters submitted to the Regular Members for vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 will be shared with the Finance Committee for review and approval. The 990 is then shared with the Board of Directors with the approval of the Finance Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Society, through the Board of Directors, regularly monitors any potential conflict of interest of officers and directors. All Board members are sent a Conflict of Interest form annually that details the policy and asks them to list any conflicts they might have. Any conflicts are reviewed by the CEO and Board Chair to determine if any further deliberation is required by the Board of Directors, who decides if any action is required.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Executive Committee of the Board of Directors addresses Executive Compensation and the Board of Directors approves it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Society's governing documents, conflict of interest policy and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0590954
IRS990/TotalAssetsEOYAmt0564520
IRS990/TotalAssetsGrp/BOYAmt0590954
IRS990/TotalAssetsGrp/EOYAmt0564520
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0120001
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0776713
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089393
IRS990/TotalLiabilitiesEOYAmt0110199
IRS990/TotalLiabilitiesGrp/BOYAmt089393
IRS990/TotalLiabilitiesGrp/EOYAmt0110199
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0501561
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0454321
IRS990/TotalOtherCompensationAmt08797
IRS990/TotalProgramServiceRevenueAmt0530840
IRS990/TotalReportableCompFromOrgAmt0175767
IRS990/TotalRevenueGrp/ExclusionAmt0249368
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0331542
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0700911
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0590954
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0564520
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0329
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01101 Wilson Blvd 6th Floor
IRS990/USAddress/CityNm0Arlington
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022209
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.cfadc.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Bill Scott
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05715683508
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings