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Government Finance Officers Association the United States & Canada

Chicago, IL · EIN 36-2167796 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Government Finance Officers Association the United States & Canada reported $24.7 million in revenue and $25.6 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $74.89 went to program services, $25.11 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.4% of the total. The highest compensation it reported for one person was $529,297 (Executive Director, CEO). 39 people received more than $100,000 in reportable compensation. Revenue rose 53% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $26M

For context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $25M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 185 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.9%84.9%
Management & general
Part IX 25(C) ÷ 25(A)
25.1%10.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.0%83.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
86.4%3.2%
Highest reported compensation
Part VII-A, columns D–F
$529,297$357,133
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.07%1.52%
People paid over $100,000
Part VII, line 2
3912
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.410.5
Independent voting board members
Part VI 1a–1b
18 of 18100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.9M expenses · 36.0% of program spending · grants $5,000 · revenue $8.4M

Training and Annual Conference - Seminars and concurrent sessions are held on various governmental accounting, auditing, and financial reporting issues, as well as budgeting and financial planning, debt management, economic development, pension and benefit administration, technology and digital government, treasury management and investing. 176 training seminars were held with attendance of 34,200 participants, including GFOA's annual conference

$4.5M expenses · 23.3% of program spending · grants $121K · revenue $4.0M

Award Programs - Certificate of Achievement for Excellence in Financial Reporting, Distinguished Budget Presentation, Canadian Award for Financial Reporting and Popular Annual Financial Reporting are programs in which members of GFOA's special review committee review financial reports of governments participating in the programs. 6,814 submissions were reviewed and 6,735 were awarded to governments

$3.9M expenses · 20.4% of program spending · revenue $3.1M

Research and Consulting - The Research and Consulting Center performs research and consulting on various public sector finance and administration issues and publishes research findings to over 26,000 members both online and through Government Finance Review. Publications are available to members of the government finance profession, all government officials, and the general public

$3.9M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director, CEO
Officer, 40.00 hrs/week
$449,605$0$79,692$529,297
Director, Technical Services Center
Highest compensated employee, 40.00 hrs/week
$372,468$0$66,137$438,605
Deputy Executive Director
Key employee, 40.00 hrs/week
$353,152$0$83,555$436,707
Chief Administrative Officer
Key employee, 40.00 hrs/week
$290,274$0$67,313$357,587
Director, Federal Liaison
Highest compensated employee, 40.00 hrs/week
$264,209$0$72,209$336,418
Senior Manager, Research
Highest compensated employee, 40.00 hrs/week
$253,908$0$40,908$294,816
Director of Finance
Officer, 40.00 hrs/week
$226,361$0$46,287$272,648
Director of Education
Highest compensated employee, 40.00 hrs/week
$209,961$0$54,208$264,169

39 people received more than $100,000 in reportable compensation from Government Finance Officers Association the United States & Canada (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2021FY2022FY2023FY2024FY2025$25M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$26M74.9%$5.1M$529,297
FY2024 ⓘ$22M$24M74.5%$6.0M$513,437
FY2023 ⓘ$20M$20M71.3%$7.0M$480,286
FY2022 ⓘ$18M$17M93.0%$8.4M$454,078
FY2021 ⓘ$16M$15M93.7%$7.3M$449,976

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 591
  • Volunteers Part I, line 61,600

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Right Angle Studio
Magazine Design Consulting Services
$200,540
Lobo Learning
On-Demand Development
$137,500
RSM US LLP
Consulting & Audit Services
$113,840

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Government Finance Officers Association the United States & Canada's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Government Finance Officers Association the United States & Canada, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All public & societal benefit charities · Largest charities in Illinois

Questions people ask

How much of Government Finance Officers Association the United States & Canada's spending goes to programs?

In the fiscal year ending March 31, 2025, Government Finance Officers Association the United States & Canada reported that 74.9% of its $25.6 million in expenses went to program services, 25.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Government Finance Officers Association the United States & Canada pay its top executive?

The largest total compensation Government Finance Officers Association the United States & Canada reported for one person in the fiscal year ending March 31, 2025 was $529,297, for the role of Executive Director, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Government Finance Officers Association the United States & Canada get its money?

Of $24.7 million in revenue in the fiscal year ending March 31, 2025, 10.0% came from contributions and grants and 86.4% from program service revenue (Form 990, Part VIII).

Is Government Finance Officers Association the United States & Canada a registered charity?

The IRS lists EIN 36-2167796 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202640429349301309 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202510489349300516 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202440439349301864 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202310389349300341 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202210419349300511 · read the filing

All filings for EIN 36-2167796: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.