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Washington, D.C. · Nonprofit

AFSA EDUCATION FOUNDATION

AFSA EDUCATION FOUNDATION (Washington, D.C.) receives grants from 6 organizations whose IRS filings report $362,500 to it, the largest being ALLY CHARITABLE FOUNDATION ($110,000). 4 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
6
Grants received
$363k
Net assets
$13M
4/6 repeat funderspeak grant-dependency 5%
01What it does

What Afsa Education Foundation does

Mission

To promote awareness of personal money management skills and knowledge that will help consumers realize the benefits of responsible money management and the credit process, and by providing personal finance curricula to educate students in middle school, high school and college.

As stated on its FY2025 Form 990.

Programs

  1. Management development programs - the Afsa Education Foundation leadership development program was held at the university of north carolina at chapel hill with 37 participants from 11 financial services companies. Sessions focused on leadership & management self-awareness, strategic thinking & execution, inclusive leadership, leading & managing change, communicating for impact: storytelling & multidirectional communications, team building, & industry updates. The edge (education, development, growth, & enrichment) program was held at mercer university in atlanta with 85 participants from 13 financial services companies. The industry's top executives & subject matter experts taught 21 different sessions with topics ranging from leadership to time management. A culminating activity included c-suite panelists sharing their paths to success.

    $555,443 spent$629,125 earned by the program
    69% of program spending
  2. Moneyskill - an online personal finance course with 37 modules in english & spanish, educates students on money-management fundamentals & is available to educators at no cost. The curriculum includes content areas of income, expenses, savings & investment, credit & insurance, & more. The curriculum is designed to be part of a personal finance course for middle school, high school, college, & beyond. Afsa Education Foundation conducted outreach with engagement, promotion, & teacher training at over 17 conferences/webinars & through social media & digital campaigns receiving hundreds of thousands of impressions and over 35,000 new user enrollments in the program.

    $243,773 spent
    31% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $799,216.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($734k) Net assets 100 ($6.8M)2018 Revenue 102 ($1.1M) Expenses 123 ($901k) Net assets 94 ($6.4M)2019 Revenue 82 ($867k) Expenses 96 ($707k) Net assets 113 ($7.7M)2020 Revenue 60 ($634k) Expenses 67 ($489k) Net assets 129 ($8.8M)2021 Revenue 161 ($1.7M) Expenses 104 ($765k) Net assets 143 ($9.7M)2022 Revenue 126 ($1.3M) Expenses 125 ($914k) Net assets 123 ($8.4M)2023 Revenue 131 ($1.4M) Expenses 124 ($913k) Net assets 142 ($9.7M)2024 Revenue 124 ($1.3M) Expenses 116 ($851k) Net assets 161 ($11M)2025 Revenue 155 ($1.6M) Expenses 124 ($911k) Net assets 187 ($13M)
'17'18'19'20'21'22'23'24'25
Revenue (155)Expenses (124)Net assets (187)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $11M to $13M (+16%).

$7.4M
$6.9M
$8.2M
$9.1M
$9.9M
$8.4M
$9.7M
$11M
$13M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

23% of AFSA EDUCATION FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$326k
’17
$175k
’18
$160k
’19
$145k
’20
$946k
’21
$425k
’22
$473k
’23
$461k
’24
$728k
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rhonda K Ashburn

Executive director

Board chair

James Schneider

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed262624222423232324
Joined·+4+3+0+3+1+1+3+6
No longer listed·45212135
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $65k → $70k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AFSA EDUCATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AFSA EDUCATION FOUNDATION leans on a few funders — its largest provides 30% of grant income and the top three 68%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AFSA EDUCATION FOUNDATION.

30%
largest funder
68%
top three
~5
effective funders

Largest funder’s share by year: 2021 46% · 2022 57% · 2023 43% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AFSA EDUCATION FOUNDATION draws 100% of its grant income from funders outside Washington, D.C., across 4 states in all.

OR
CT
NC
FL

In-state vs out-of-state, by year

’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $96k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AFSA EDUCATION FOUNDATION runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin44% · top quartile
Months of reserve5.2mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like AFSA EDUCATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

56%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for AFSA EDUCATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AFSA EDUCATION FOUNDATION?
AFSA EDUCATION FOUNDATION (Washington, D.C.) receives grants from 6 organizations whose IRS filings report $362,500 to it, the largest being ALLY CHARITABLE FOUNDATION ($110,000). 4 of them have funded it in more than one year.
How many funders does AFSA EDUCATION FOUNDATION have?
IRS filings report 6 organizations giving $362,500 in grants to AFSA EDUCATION FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of AFSA EDUCATION FOUNDATION?
ALLY CHARITABLE FOUNDATION is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
How can an organization like AFSA EDUCATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Afsa Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing