Association Of African American Financial Advisors

  • Washington, DC
  • Tax exemption issued: Sept. 2017
  • EIN: 38-4034837

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Boards of Trade (NTEE)

Donations to this organization are not tax deductible.

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,869,520
Expenses
$2,135,292
Net Income
-$265,772
Net Assets
-$63,996
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,869,520
100%
Program Services $0
Investment Income $0
Bond Proceeds $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 $309,739
14.5%
Professional Fundraising Fees $0
Other Salaries and Wages $151,096
7.1%
Assets/Debt
Total Assets $201,024
Total Liabilities $265,020
Net Assets -$63,996
Compensation
Key Employees and Officers Compensation Related Other
Sheena Gray (Chief Executive Officer) $309,739 $0 $0
Reginald Lillie (Board Member) $0 $0 $0
Araya Mesfin (Board Member) $0 $0 $0
Alex David (Chairman) $0 $0 $0
Sharif Muhammad (Board Member) $0 $0 $0
Lecount Davis (Chairman Emeritus) $0 $0 $0
Desi Wyatt (Board Member) $0 $0 $0
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Document Links

990
Filed on May 18, 2026

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

View Filing
XML

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,626,776
Expenses
$1,639,985
Net Income
-$13,209
Net Assets
$201,776
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,626,776
100%
Program Services $0
Investment Income $0
Bond Proceeds $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 $190,846
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $164,879
10.1%
Assets/Debt
Total Assets $606,862
Total Liabilities $405,086
Net Assets $201,776
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sheena Gray (Chief Executive Officer) $190,846 $0 $0
Reginald Lillie (Board Member) $0 $0 $0
Araya Mesfin (Board Member) $0 $0 $0
Alex David (Chairman) $0 $0 $0
Sharif Muhammad (Board Member) $0 $0 $0
Lecount Davis (Chairman Emeritus) $0 $0 $0
Desi Wyatt (Board Member) $0 $0 $0
Christian Nwasike (Board Member) $0 $0 $0
Rickie Taylor (Board Member) $0 $0 $0
Dr Dana Palmer (Board Member) $0 $0 $0
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Document Links

990
Filed on Aug. 13, 2025

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,583,517
Expenses
$2,349,346
Net Income
-$765,829
Net Assets
$192,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,580,680
99.8%
Program Services $0
Investment Income $2,837
0.2%
Bond Proceeds $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 $123,212
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $239,177
10.2%
Assets/Debt
Total Assets $217,987
Total Liabilities $25,002
Net Assets $192,985
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Necho Carroll (Dir Of Oper) $123,212 $0 $0
Reginald Lillie (Board Member) $0 $0 $0
Araya Mesfin (Board Member) $0 $0 $0
Sheena Gray (2nd V Chair) $0 $0 $0
Alex David (Emeritus Chair) $0 $0 $0
Sharif Muhammad (Financial Secy) $0 $0 $0
Christian Nwasike (Chairman) $0 $0 $0
Rickie Taylor (1st V Chair) $0 $0 $0
Dr Dana Palmer (Secretary) $0 $0 $0
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Document Links

990
Filed on Dec. 19, 2024

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

View Filing
PDF XML
View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,122,994
Expenses
$689,763
Net Income
$433,231
Net Assets
$958,814
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,122,994
100%
Program Services $0
Investment Income $0
Bond Proceeds $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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $130,897
19.0%
Assets/Debt
Total Assets $958,958
Total Liabilities $144
Net Assets $958,814
Compensation
Key Employees and Officers Compensation Related Other
Sheena Gray (2nd V Chair) $0 $0 $0
Sharif Muhammad (Treasurer) $0 $0 $0
Christian Nwasike (Chairman) $0 $0 $0
Rickie Taylor (1st V Chair) $0 $0 $0
Dana Palmer (Secretary) $0 $0 $0
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990
Filed on Nov. 15, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$315,796
Expenses
$162,706
Net Income
$153,090
Net Assets
$525,583
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,709
18.6%
Program Services $3,087
1.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $254,000
80.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $29,423
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $525,583
Total Liabilities $0
Net Assets $525,583
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Givens (Executive Dir.) $29,423 $0 $0
Lazetta Rainey Braxton (Chairman) $0 $0 $0
Sheena Gray (Trustee) $0 $0 $0
Raymone Jackson (Trustee) $0 $0 $0
Sharif Muhammad (Treasurer) $0 $0 $0
Christian Nwasike (Trustee) $0 $0 $0
Rickie Taylor (Trustee) $0 $0 $0
Desi Wyatt (Trustee) $0 $0 $0
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990
Filed on May 16, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$589,806
Expenses
$263,157
Net Income
$326,649
Net Assets
$372,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,414
12.1%
Program Services $21,147
3.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $497,245
84.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $372,493
Total Liabilities $0
Net Assets $372,493
Compensation
Key Employees and Officers Compensation Related Other
Sheena Gray (Partnership Co-chair) $0 $0 $0
Raymone Jackson (General Board Member) $0 $0 $0
Lauren Taylor (Secretary) $0 $0 $0
Malcom Ethridge (Events Committee Chair) $0 $0 $0
Rene Nourse (Vice-chair) $0 $0 $0
Lazetta Rainey Braxton (Chair Of The Board) $0 $0 $0
Barrett Wragg (Chair Of Partnership Committe) $0 $0 $0
Christian Nwasike (Treasurer & Conference Plan C) $0 $0 $0
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Document Links

990
Filed on Nov. 9, 2021

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$454,863
Expenses
$427,340
Net Income
$27,523
Net Assets
$45,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,162
9.7%
Program Services $34,715
7.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,545
0.3%
Other Revenue $374,441
82.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,844
Total Liabilities $0
Net Assets $45,844
Compensation
Key Employees and Officers Compensation Related Other
Lecount David (Chairman Emeritus) $0 $0 $0
Lazetta Rainey Braxton (Chair Of The Board) $0 $0 $0
Tiffany Hawkins (Marketing Chair) $0 $0 $0
Rene Nourse (President) $0 $0 $0
Christian Nwasike (Treasurer) $0 $0 $0
Barrett Wragg (Partnership Chair) $0 $0 $0
Rickie Taylor (Memberships Chair) $0 $0 $0
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990
Filed on April 27, 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
$258,207
Expenses
$247,252
Net Income
$10,955
Net Assets
$18,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,629
8.4%
Program Services $23,693
9.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $212,885
82.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,321
Total Liabilities $0
Net Assets $18,321
Compensation
Key Employees and Officers Compensation Related Other
Lecount David (Chairman) $0 $0 $0
Lazetta Rainey Braxton (President) $0 $0 $0
Gerald Loftin (President Elect) $0 $0 $0
Chloe Moore (Treasurer) $0 $0 $0
Tiffany Hawkins (Marketing) $0 $0 $0
Crystal Alford Cooper (Officer) $0 $0 $0
Rene Nourse (Officer) $0 $0 $0
Rickie Taylor (Officer) $0 $0 $0
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990
Filed on April 22, 2020

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 990-EZ
Revenue
$155,413
Expenses
$148,047
Net Income
$7,366
Net Assets
$7,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,250
36.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $7,366
Total Liabilities $0
Net Assets $7,366
Compensation
Key Employees and Officers Compensation Other
Lecount Davis Sr (Chairman Emeritus) $0 $0
Lazetta Rainey Braxton (Chair) $0 $0
Rickie Taylor (At Large) $0 $0
D Crystal Alford-cooper (At Large) $0 $0
Trudy Turner (At Large) $0 $0
Rene Nourse (At Large) $0 $0
Tiffany Hawkins (At Large) $0 $0
Gerald Loftin (President) $0 $0
Chloe Moore (Treasurer) $0 $0
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Document Links

990-EZ
Filed on Oct. 2, 2018

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

View Filing
XML

About This Data

What Is 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 financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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 for 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?

Most organizations that have been recognized as tax exempt by the IRS have to file the 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 the 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," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

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 Employer Identification Numbers 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.
  • 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.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

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.

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