Civic Intelligence

Federation of Assoc of Regulatory Boards

EIN 23-7375992 • 501(c)3 • Montgomery, AL

Profile

NONE

2740 Zelda Road Box 5Montgomery, AL 36106

www.farb.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.77x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

48th percentile

0.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

81st percentile

32%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

21st percentile

-43%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$48,998

Down $67,745 (-58%) from 2022

Liabilities

Down

$37,501

Down $17,558 (-32%) from 2022

Net Assets

Down

$11,497

Down $50,187 (-81%) from 2022

Revenue

Down

$226,006

Down $127,442 (-36%) from 2022

Expenses

Down

$224,363

Down $196,950 (-47%) from 2022

Net Income

Up

$1,643

Up $69,508 (+102%) from 2022

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $72,374Liabilities 2011: $0Net Assets 2011: $72,3742011Assets 2012: $88,870Liabilities 2012: $0Net Assets 2012: $88,8702012Assets 2013: $63,560Liabilities 2013: $0Net Assets 2013: $63,5602013Assets 2014: $68,688Liabilities 2014: $0Net Assets 2014: $68,6882014Assets 2015: $58,637Liabilities 2015: $0Net Assets 2015: $58,6372015Assets 2017: $87,102Liabilities 2017: $71,250Net Assets 2017: $15,8522017Assets 2019: $158,208Liabilities 2019: $54,927Net Assets 2019: $103,2812019Assets 2020: $117,544Liabilities 2020: $15,992Net Assets 2020: $101,5522020Assets 2021: $187,202Liabilities 2021: $57,653Net Assets 2021: $129,5492021Assets 2022: $116,743Liabilities 2022: $55,059Net Assets 2022: $61,6842022Assets 2025: $48,998Liabilities 2025: $37,501Net Assets 2025: $11,4972025

Highlighted filing

2025

Assets$48,998
Liabilities$37,501
Net Assets$11,497

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $200,8442011Expenses 2012: $195,7452012Expenses 2013: $231,6602013Revenue 2014: $228,941Expenses 2014: $207,107Net Income 2014: $21,8342014Revenue 2015: $239,250Expenses 2015: $249,301Net Income 2015: -$10,0512015Revenue 2017: $391,196Expenses 2017: $424,823Net Income 2017: -$33,6272017Revenue 2019: $506,818Expenses 2019: $415,873Net Income 2019: $90,9452019Revenue 2020: $412,323Expenses 2020: $414,052Net Income 2020: -$1,7292020Revenue 2021: $235,458Expenses 2021: $207,461Net Income 2021: $27,9972021Revenue 2022: $353,448Expenses 2022: $421,313Net Income 2022: -$67,8652022Revenue 2025: $226,006Expenses 2025: $224,363Net Income 2025: $1,6432025

Highlighted filing

2025

Revenue$226,006
Expenses$224,363
Net Income$1,643

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 12, 2026
Return Version
2024v5.0
Gross Receipts
$226,006
Mission and Program Overview

Mission

To advance excellance in regulation of the professions in the interest of public protection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,527$48,998▲ $40,471
Prepaid Expenses and Deferred Charges$21,000--
Accounts Receivable$7,592--
Total Assets$37,119$48,998▲ $11,879
Liabilities
Accounts Payable and Accrued Expenses$16,880$37,501▲ $20,621
Deferred Revenue$10,385--
Total Liabilities$27,265$37,501▲ $10,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,854$11,497▲ $1,643
Total Net Assets Fund Balance$9,854$11,497▲ $1,643
Total Liabilities and Net Assets / Fund Balance$37,119$48,998▲ $11,879
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Smith Warren ManagementManagement Serv2740 ZELDA ROAD BOX 5, Montgomery, AL 36106$134,757
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,006
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$134,757-$134,757
Conferences and Meetings$75,220$1,335-$76,555
Office Expenses$4,549$412-$4,961
Insurance-$3,840-$3,840
Travel$3,472--$3,472
Fees for Services Legal-$550-$550
Advertising-$228-$228
Total Functional Expenses$83,241$141,122$0$224,363
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management services are performed by a management company which include membership service, financial management, meeting management, executive committee meetings, member communications, other services, and general services.

Form 990, Page 6, Part VI, Line 11B

An independent certified public accounting firm (cpa) prepares the organization's form 990 and submits the form to the organization's management company for review. The management company submits the form to the organization's board members for review. After all discussion points are resolved, the form 990 is finalized and provided to the treasurer for final review and signature.

Form 990, Page 6, Part VI, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Federation of Associations of
EIN
23-7375992
Phone
3342699990
Address
2740 ZELDA ROAD BOX 5, MONTGOMERY, AL 36106

Signing Officer

Name
Michael J Armstrong
Title
President
Phone
3342699990
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Armstrong
Formed
1974
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Debra S Henry LLC
Address
1257 DEERWOOD DRIVE, MIRAMAR BEACH, FL 32550-4889
Preparer
Debra S Henry CPA
Phone
8506874461
Raw XML Appendix334 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/DescribedInSection501c3Ind0true
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IRS990/EmployeeCnt00
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/Form1098CFiledInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/PersonNm1VERONICA MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm2DEBRA PERSINGER
IRS990/Form990PartVIISectionAGrp/PersonNm3DARLENE PAULL
IRS990/Form990PartVIISectionAGrp/PersonNm4MATTHEW BARUSCH MPA
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHELLE GRACHEK MED CAE
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSHUA TWITTY
IRS990/Form990PartVIISectionAGrp/PersonNm7DAPHNE TABBYTITE MBA CAE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY-TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/OperateHospitalInd0false
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IRS990/ProgramServiceRevenueGrp/Desc2PROMOTIONAL PARTNERS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT SERVICES ARE PERFORMED BY A MANAGEMENT COMPANY WHICH INCLUDE MEMBERSHIP SERVICE, FINANCIAL MANAGEMENT, MEETING MANAGEMENT, EXECUTIVE COMMITTEE MEETINGS, MEMBER COMMUNICATIONS, OTHER SERVICES, AND GENERAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM (CPA) PREPARES THE ORGANIZATION'S FORM 990 AND SUBMITS THE FORM TO THE ORGANIZATION'S MANAGEMENT COMPANY FOR REVIEW. THE MANAGEMENT COMPANY SUBMITS THE FORM TO THE ORGANIZATION'S BOARD MEMBERS FOR REVIEW. AFTER ALL DISCUSSION POINTS ARE RESOLVED, THE FORM 990 IS FINALIZED AND PROVIDED TO THE TREASURER FOR FINAL REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalLiabilitiesGrp/EOYAmt037501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09854
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011497
IRS990/TotalProgramServiceExpensesAmt083241
IRS990/TotalProgramServiceRevenueAmt0226006
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0226006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226006
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037119
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt048998
IRS990/TravelGrp/ProgramServicesAmt03472
IRS990/TravelGrp/TotalAmt03472
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02740 ZELDA ROAD BOX 5
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036106
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.FARB.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL J ARMSTRONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03342699990
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FEDERATION OF ASSOCIATIONS OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0REGULATORY BOARDS
ReturnHeader/Filer/BusinessNameControlTxt0FEDE
ReturnHeader/Filer/EIN0237375992
ReturnHeader/Filer/PhoneNum03342699990
ReturnHeader/Filer/USAddress/AddressLine1Txt02740 ZELDA ROAD BOX 5
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036106
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473447608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEBRA S HENRY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01257 DEERWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIRAMAR BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0325504889
ReturnHeader/PreparerPersonGrp/PhoneNum08506874461
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA S HENRY CPA
ReturnHeader/ReturnTs02026-02-17T20:57:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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