FINANCIAL ACCOUNTING FOUNDATION
Data sourced from IRS 990 public filings
FINANCIAL ACCOUNTING FOUNDATION THE MISSION OF THE FINANCIAL ACCOUNTING FOUNDATION (FAF) IS TO ESTABLISH AND IMPROVE FINANCIAL ACCOUNTING AND REPORTING STANDARDS, TO PROVIDE USEFUL INFORMATION TO INVESTORS AND OTHER USERS OF FINANCIAL REPORTS AND TO EDUCATE STAKEHOLDERS ON HOW TO MOST EFFECTIVELY UNDERSTAND AND IMPLEMENT THOSE STANDARDS. THE FAF, ORGANIZED IN 1972, IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION RESPONSIBLE FOR THE OVERSIGHT, ADMINISTRATION, FINANCING AND APPOINTMENT OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB), WHICH WERE ESTABLISHED TO PERFORM DISTINCT FUNCTIONS IN THE PROCESS OF ESTABLISHING AND IMPROVING FINANCIAL ACCOUNTING AND REPORTING STANDARDS.
Annual Revenue
$58,337,524
Known Funders
0
Grants Received
0
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $80,802,018 | $70,089,773 | $145,667,550 |
| 2022 | $75,595,678 | $63,894,591 | $140,571,027 |
| 2021 | $61,650,481 | $56,657,763 | $105,965,089 |
| 2020 | $60,662,942 | $55,942,306 | $98,368,319 |
| 2019 | $58,337,524 | $56,032,321 | $91,667,009 |
| 2018 | $56,669,119 | $52,059,519 | $89,054,313 |
| 2017 | $54,340,498 | $55,486,089 | $80,901,185 |
| 2016 | $50,605,913 | $55,763,817 | $81,519,831 |
Top Funders
No funder data available yet for this nonprofit.
Key Personnel
From 2023 IRS 990 filing
RICHARD R JONES
CHAIR, FASB
JAMES L KROEKER
VICE CHAIR
CHRISTINE ANN BOTOSAN
FASB MEMBER
FREDERICK L CANNON
FASB MEMBER
SUSAN M COSPER
FASB MEMBER
MARSHA L HUNT
FASB MEMBER
JOYCE JOSEPH
FASB MEMBER (APPOINTED 7/1/2023)
JOEL BLACK
CHAIR, GASB
JOHN W AUCHINCLOSS
EXECUTIVE DIRECTOR
MARY P CROTTY
VP/CHIEF OPERATING OFFICER
Showing 10 of 29 key personnel.
Frequently Asked Questions
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