Civic Intelligence

Foreign Exchange Professionals Association

990 • Fiscal year 2019 • EIN 47-2026757

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 05, 2020

Organization ProfileWWW.FXPA.ORG
CO Heckler-80 Business Park Dr-205Armonk, NY 10504

(914) 232-9221

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2019 filings • NTEE S40 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Asset Growth

60th percentile

7.8%

Faster asset growth than 60% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

-3.8%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$431,509

Up $31,316 (+7.8%) from 2018

Net Assets

Up

$431,509

Up $65,866 (+18%) from 2018

Liabilities

Down

$0

Down $34,550 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin74th percentile

Revenue

Down

$426,667

Down $16,969 (-3.8%) from 2018

Expenses

Down

$360,801

Down $42,782 (-11%) from 2018

Net Income

Up

$65,866

Up $25,813 (+64%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$600K$400K$200K$0Assets 2014: $72,620Liabilities 2014: $23,750Net Assets 2014: $48,8702014Assets 2015: $159,134Liabilities 2015: $23,750Net Assets 2015: $135,3842015Assets 2016: $285,258Liabilities 2016: $28,340Net Assets 2016: $256,9182016Assets 2017: $340,175Liabilities 2017: $14,585Net Assets 2017: $325,5902017Assets 2018: $400,193Liabilities 2018: $34,550Net Assets 2018: $365,6432018Assets 2019: $431,509Liabilities 2019: $0Net Assets 2019: $431,5092019Assets 2020: $448,483Liabilities 2020: $10,000Net Assets 2020: $438,4832020Assets 2021: $416,021Liabilities 2021: $0Net Assets 2021: $416,0212021Assets 2022: $383,484Liabilities 2022: $70,000Net Assets 2022: $313,4842022Assets 2023: $219,324Liabilities 2023: $20,000Net Assets 2023: $199,3242023Assets 2024: $68,761Liabilities 2024: $20,000Net Assets 2024: $48,7612024

Highlighted filing

2019

Assets$431,509
Liabilities$0
Net Assets$431,509
Open 2019 Filing

Operations Trend

Revenue Growth39th percentile

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

$600K$400K$200K$0-$200KRevenue 2014: $232,640Expenses 2014: $183,770Net Income 2014: $48,8702014Revenue 2015: $522,083Expenses 2015: $435,569Net Income 2015: $86,5142015Revenue 2016: $561,660Expenses 2016: $440,126Net Income 2016: $121,5342016Revenue 2017: $507,917Expenses 2017: $439,245Net Income 2017: $68,6722017Revenue 2018: $443,636Expenses 2018: $403,583Net Income 2018: $40,0532018Revenue 2019: $426,667Expenses 2019: $360,801Net Income 2019: $65,8662019Revenue 2020: $375,000Expenses 2020: $368,026Net Income 2020: $6,9742020Revenue 2021: $330,000Expenses 2021: $352,462Net Income 2021: -$22,4622021Revenue 2022: $245,000Expenses 2022: $347,537Net Income 2022: -$102,5372022Revenue 2023: $240,000Expenses 2023: $354,160Net Income 2023: -$114,1602023Revenue 2024: $200,000Expenses 2024: $350,563Net Income 2024: -$150,5632024

Highlighted filing

2019

Revenue$426,667
Expenses$360,801
Net Income$65,866
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 5, 2020
Return Version
2019v5.1
Gross Receipts
$426,667
Mission and Program Overview

Mission

To represent the collective interest of individuals and companies that participate in the institutional foreign exchange marketplace and to promote the need for sound, liquid, transparent, and competitive global currency markets to policy makers through education, research and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$365,643$431,509▲ $65,866
Cash and Non-Interest-Bearing Accounts$400,193$396,092▼ $4,101
Prepaid Expenses and Deferred Charges-$23,750-
Accounts Receivable-$11,667-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$400,193$431,509▲ $31,316
Liabilities
Accounts Payable and Accrued Expenses$24,550--
Other Liabilities$10,000$0▼ $10,000
Total Liabilities$34,550$0▼ $34,550
Net Assets / Fund Balance
Total Net Assets Fund Balance$365,643$431,509▲ $65,866
Total Liabilities and Net Assets / Fund Balance$400,193$431,509▲ $31,316
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Lisa ShemieChairperson
Chip LowryDirector & Former Chairman
Jill SigelbaumVice-chairperson
Chris MatskoDirector
David GooneDirector
Jessica SohlDirector
Kok Chong LamDirector
Laine LitmanDirector
Lauren Rosborough WattDirector
Mark BruceDirector
Tahreem KamptonDirector
Tod Van NameDirector
Jordan BarnettSecretary
Paul HoustonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mercury Strategies LLCLegal Services408 NEW JERSEY AVE SE, Washington, DC 20003$165,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$426,667
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$65,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,801
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 Legal---$167,000
Fees for Services Other---$165,000
Conferences and Meetings---$11,770
Fees for Services Accounting---$9,600
Travel---$4,580
Other Expenses---$1,565
Insurance---$1,286
Total Functional Expenses$0$0$0$360,801
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
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
No

Governance Explanations

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

“The 990 is available for review by the organization's trustee prior to filing.”

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

“The conflict of interest policy is reviewed annually by officers and directors of the organization. The organization obtains signed documentation from the officers and directors confirming receipt, understanding and compliance with the policy.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Foreign Exchange Professionals
EIN
47-2026757
Phone
9142329221
Address
CO HECKLER-80 BUSINESS PARK DR-205, ARMONK, NY 10504

Signing Officer

Name
Paul Houston
Title
Treasurer
Phone
9142329221
Signed
2020-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Houston
Formed
2014
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
19

Preparer

Firm
HECKLER & O'KEEFE CPAS PC
Address
80 BUSINESS PARK DRIVE SUITE 205, ARMONK, NY 10504
Preparer
Joseph R Saulnier CPA
Phone
9142329221
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting services 165,000.”

Raw XML Appendix355 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024550
IRS990/AccountsReceivableGrp/EOYAmt011667
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO REPRESENT THE COLLECTIVE INTEREST OF INDIVIDUALS AND COMPANIES THAT PARTICIPATE IN THE INSTITUTIONAL FOREIGN EXCHANGE MARKETPLACE AND TO PROMOTE THE NEED FOR SOUND, LIQUID, TRANSPARENT, AND COMPETITIVE GLOBAL CURRENCY MARKETS TO POLICY MAKERS THROUGH EDUCATION, RESEARCH AND ADVOCACY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HECKLER & O'KEEFE CPAS
IRS990/BooksInCareOfDetail/PhoneNum09142329221
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt080 BUSINESS PARK DRIVE STE 205
IRS990/BooksInCareOfDetail/USAddress/CityNm0ARMONK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010504
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IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0400193
IRS990/CashNonInterestBearingGrp/EOYAmt0396092
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt011770
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0165000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0408 NEW JERSEY AVE SE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020003
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MERCURY STRATEGIES LLC
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
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IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0360801
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0426667
IRS990/CYRevenuesLessExpensesAmt065866
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0360801
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0426667
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROMOTING THE NEED FOR SOUND, LIQUID, TRANSPARENT, AND COMPETITIVE GLOBAL CURRENCY MARKETS TO POLICY MAKERS THROUGH EDUCATION, RESEARCH AND ADVOCACY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt09600
IRS990/FeesForServicesLegalGrp/TotalAmt0167000
IRS990/FeesForServicesOtherGrp/TotalAmt0165000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0CHIP LOWRY
IRS990/Form990PartVIISectionAGrp/PersonNm1TOD VAN NAME
IRS990/Form990PartVIISectionAGrp/PersonNm2JESSICA SOHL
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID GOONE
IRS990/Form990PartVIISectionAGrp/PersonNm4TAHREEM KAMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm5KOK CHONG LAM
IRS990/Form990PartVIISectionAGrp/PersonNm6JILL SIGELBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS MATSKO
IRS990/Form990PartVIISectionAGrp/PersonNm8LISA SHEMIE
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL HOUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm10LAINE LITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11LAUREN ROSBOROUGH WATT
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK BRUCE
IRS990/Form990PartVIISectionAGrp/PersonNm13JORDAN BARNETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR & FORMER CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0426667
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt01286
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO REPRESENT THE COLLECTIVE INTEREST OF INDIVIDUALS AND COMPANIES THAT PARTICIPATE IN THE INSTITUTIONAL FOREIGN EXCHANGE MARKETPLACE AND TO PROMOTE THE NEED FOR SOUND, LIQUID, TRANSPARENT, AND COMPETITIVE GLOBAL CURRENCY MARKETS TO POLICY MAKERS THROUGH EDUCATION, RESEARCH AND ADVOCACY.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES, FEES AND SUBSCRIP
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IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0PAUL HOUSTON
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0426667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0426667
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0403583
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0443636
IRS990/PYRevenuesLessExpensesAmt040053
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0403583
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0443636
IRS990/ReconcilationRevenueExpnssAmt065866
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0365643
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0431509
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0426667
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS AVAILABLE FOR REVIEW BY THE ORGANIZATION'S TRUSTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY OFFICERS AND DIRECTORS OF THE ORGANIZATION. THE ORGANIZATION OBTAINS SIGNED DOCUMENTATION FROM THE OFFICERS AND DIRECTORS CONFIRMING RECEIPT, UNDERSTANDING AND COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING SERVICES 165,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0400193
IRS990/TotalAssetsEOYAmt0431509
IRS990/TotalAssetsGrp/BOYAmt0400193
IRS990/TotalAssetsGrp/EOYAmt0431509
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0360801
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034550
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt034550
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365643
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0431509
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0426667
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0426667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426667
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0400193
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0431509
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt04580
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O CME GROUP-300 VESEY STREET 7TH
IRS990/USAddress/AddressLine2Txt0FL
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010282
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.FXPA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL HOUSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09142329221
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREIGN EXCHANGE PROFESSIONALS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0472026757
ReturnHeader/Filer/PhoneNum09142329221
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO HECKLER-80 BUSINESS PARK DR-205
ReturnHeader/Filer/USAddress/CityNm0ARMONK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010504
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId049710834EAF80994F25808D05B4EB9341A0F27B1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BCC3FF63C2B24352F9CC9E55E05F1795F5D525AC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.224.222.15
ReturnHeader/FilingSecurityInformation/IPDt02020-07-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:20:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132913243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HECKLER & O'KEEFE CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt080 BUSINESS PARK DRIVE SUITE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARMONK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010504
ReturnHeader/PreparerPersonGrp/PhoneNum09142329221
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH R SAULNIER CPA
ReturnHeader/ReturnTs02020-07-05T11:20:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$431,509
Liabilities
$0
Net assets
$431,509
Revenue
$426,667
Expenses
$360,801
Net income
$65,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.20$0.49$2.00$3.51$1.51
2023Detailed filing. Detailed filing data is available for this year.$2.19$0.20$1.99$2.40$3.54$1.14
2022Detailed filing. Detailed filing data is available for this year.$3.83$0.70$3.13$2.45$3.48$1.03
2021Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$3.30$3.52$0.22
2020Detailed filing. Detailed filing data is available for this year.$4.48$0.10$4.38$3.75$3.68$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$4.27$3.61$0.66
2018Detailed filing. Detailed filing data is available for this year.$4.00$0.35$3.66$4.44$4.04$0.40
2017Summary only. Only limited summary data is available for this year.$3.40$0.15$3.26$5.08$4.39$0.69
2016Summary only. Only limited summary data is available for this year.$2.85$0.28$2.57$5.62$4.40$1.22
2015Summary only. Only limited summary data is available for this year.$1.59$0.24$1.35$5.22$4.36$0.87
2014Summary only. Only limited summary data is available for this year.$0.73$0.24$0.49$2.33$1.84$0.49