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American Financial Education Alliance

Afea
  • Matthews, NC
  • Tax-exempt since March 2012
  • EIN: 38-3844292

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Financial Counseling, Money Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.04M (2023)

Expenses
$1.12M (2023)

Total Assets
$213k (2023)

Total Liabilities
$150k (2023)

Years with missing data
Source: Form 990 tax filings from 2014 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,035,549
Expenses
$1,120,950
Net Income
-$85,401
Net Assets
$62,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $604,972
58.4%
Program Services $2,681,643
> 100%
Investment Income $552
0.1%
Bond Proceeds $0
Royalties $6,869
0.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,268,863
Other Revenue $10,376
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $298,022
26.6%
Professional Fundraising Fees $0
Other Salaries and Wages $434,051
38.7%
Assets/Debt
Total Assets $212,726
Total Liabilities $150,471
Net Assets $62,255
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President) $0 $0 $0

Document Links

990
Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$953,296
Expenses
$1,053,459
Net Income
-$100,163
Net Assets
$147,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $733,775
77.0%
Program Services $2,260,570
> 100%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $13,295
1.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,054,346
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $320,394
30.4%
Assets/Debt
Total Assets $303,436
Total Liabilities $155,555
Net Assets $147,881
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President) $0 $0 $0

Document Links

990
Filed on April 11, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$614,339
Expenses
$804,460
Net Income
-$190,121
Net Assets
$59,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $459,814
74.8%
Program Services $1,296,052
> 100%
Investment Income $0
Bond Proceeds $0
Royalties $1,098
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,142,625
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $500,034
62.2%
Assets/Debt
Total Assets $225,082
Total Liabilities $165,206
Net Assets $59,876
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President) $0 $0 $0

Document Links

990
Filed on Nov. 8, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,058,191
Expenses
$947,598
Net Income
$110,593
Net Assets
$215,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $652,235
61.6%
Program Services $16,410
1.6%
Investment Income $0
Bond Proceeds $0
Royalties $389,546
36.8%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $469,475
49.5%
Assets/Debt
Total Assets $226,529
Total Liabilities $11,396
Net Assets $215,133
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President Cf) $89,025 $0 $0
Javier Andreu (Board Of Dir) $0 $0 $0
Johnny Greene (Board Of Dir) $0 $0 $0
Jonathon Tuck (Board Of Dir) $0 $0 $0
Robert Feinholz (Board Of Dir) $0 $0 $0
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Document Links

990
Filed on June 29, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$707,229
Expenses
$642,565
Net Income
$64,664
Net Assets
$104,540
Notable Sources of Revenue Percent of Total Revenue
Contributions $430,785
60.9%
Program Services $69,381
9.8%
Investment Income $0
Bond Proceeds $0
Royalties $207,063
29.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $385,657
60.0%
Assets/Debt
Total Assets $113,521
Total Liabilities $8,981
Net Assets $104,540
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President Cf) $80,363 $0 $0
Javier Andreu (Board Of Dir) $0 $0 $0
Johnny Greene (Board Of Dir) $0 $0 $0
Jonathon Tuck (Board Of Dir) $0 $0 $0
Robert Feinholz (Board Of Dir) $0 $0 $0
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Document Links

990
Filed on May 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$562,969
Expenses
$543,884
Net Income
$19,085
Net Assets
$39,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $406,932
72.3%
Program Services $25,717
4.6%
Investment Income $0
Bond Proceeds $0
Royalties $129,733
23.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $587
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $79,160
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $275,569
50.7%
Assets/Debt
Total Assets $41,396
Total Liabilities $1,520
Net Assets $39,876
Compensation
Key Employees and Officers Compensation Related Other
James Mcclanahan (President Cf) $79,160 $0 $0
Robert Feinholz (Board Of Dir) $0 $0 $0
Jonathon Tuck (Board Of Dir) $0 $0 $0
Johnny Greene (Board Of Dir) $0 $0 $0
Javier Andreu (Board Of Dir) $0 $0 $0
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Document Links

990
Filed on Aug. 28, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$502,199
Expenses
$572,512
Net Income
-$70,313
Net Assets
$20,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $379,380
75.5%
Program Services $97,782
19.5%
Investment Income $0
Bond Proceeds $25,037
5.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $78,216
13.7%
Professional Fundraising Fees $0
Other Salaries and Wages $217,704
38.0%
Assets/Debt
Total Assets $29,997
Total Liabilities $9,206
Net Assets $20,791

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$299,968
Expenses
$217,299
Net Income
$82,669
Net Assets
$91,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $227,182
75.7%
Program Services $52,700
17.6%
Investment Income $0
Bond Proceeds $0
Royalties $20,086
6.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,311
22.7%
Professional Fundraising Fees $0
Other Salaries and Wages $86,805
39.9%
Assets/Debt
Total Assets $103,600
Total Liabilities $12,496
Net Assets $91,104
Compensation
Key Employees and Officers Compensation Related Other
James Mc Clanahan (President Chief Executive Officer) $33,813 $0 $0
Jonathan Tuck (Board Of Director) $0 $0 $0
Robert Feinholz (Board Of Director) $0 $0 $0
Johnny Greene (Board Of Director) $0 $0 $0
Javier Andreu (Board Of Director) $0 $0 $0
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Document Links

990
Filed on Aug. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$118,002
Expenses
$122,529
Net Income
-$4,527
Net Assets
$9,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,024
78.8%
Program Services $4,314
3.7%
Investment Income $16,455
13.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,207
3.6%
Assets/Debt
Total Assets $13,037
Total Liabilities $4,028
Net Assets $9,009

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated