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Passes our checks

New York State Government Finance Officers Association Inc

EIN 11-2524715 · Albany, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong91 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF NYSGFOA IS TO STRENGTHEN THE CAPACITY OF GOVERNMENT FINANCE PROFESSIONALS TO MANAGE PUBLIC FINANCES EFFECTIVELY AND RESPONSIBLY, AND TO USE THE COLLECTIVE KNOWLEDGE AND EXPERTISE OF ITS MEMBERS FOR THE PUBLIC BENEFIT BY ENHANCING EFFICIENCY AND ACCOUNTABILITY THROUGHOUT NEW YORK STATE.

Income
$826,608
Spending
$703,857
Spent on programs
79%
Reserves
18.3 months of spending
Largest source of income
fees for its services, 91%
Employees
4
Volunteers
172
Highest pay
$102,910, executive di

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 91 out of 100. Higher than 73% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 18.3 months of spending.

  • Debt

    16 of 20

    It owes 17% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 15% of income.

  • Income trend

    10 of 15

    Income fell 0% on the year before.

  • Spending floor

    15 of 15

    79% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 96% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    30 of 30 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $411,804 spent. THE ANNUAL CONFERENCE IS A MULTI-DAY PROFESSIONAL DEVELOPMENT, NETWORKING, AND PRODUCT/SERVICE INFORMATION EVENT. THE CONFERENCE PROVIDES 8+ SKILL- BUILDING SEMINARS AND OVER 20 TOPICAL SESSIONS ON A VARIETY OF GOVERNMENT FINANCE ISSUES. THE EVENT ALSO PROVIDES OPPORTUNITIES FOR ATTENDEES TO NETWORK WITH OTHERS IN THE FIELD TO GATHER IDEAS AND DISCUSS SOLUTIONS TO COMMON PROBLEMS AND CREATE EFFICIENCIES.
  2. $121,701 spent. REGIONAL SEMINARS ARE HALF, FULL DAY, OR TWO DAY PROFESSIONAL DEVELOPMENT PROGRAMS OFFERED ACROSS THE STATE FOCUSING ON CORE FUNCTIONS OF GOVERNMENT FINANCE RANGING FROM TECHNICAL AND REGULATORY TRAINING TO INFORMATIONON THE LATEST TRENDS AND DEVELOPMENTS IN THE GOVERNMENT FINANCE INDUSTRY. THESE EVENTS ALSO PROVIDE PARTICIPANTS AN OPPORTUNITY TO COMMUNICATE AND DISCUSS ISSUES WITH THEIR PEERS.
  3. $25,105 spent. THE QUARTERLY MAGAZINE PROVIDES MEMBERS WITH ARTICLES ON ISSUES RELATED TO GOVERNMENT FINANCE MANAGEMENT, REGULATORY CHANGES, LAWS, ECONOMIC AND TAX RELATED INFORMATION, GUIDANCE FROM OVERSIGHT AGENCIES AND ORGANIZATIONS, HUMAN RESOURCE MANAGEMENT, ETC. THE MAGAZINE INCLUDES ADVERTISEMENTS FROM COMPANIES THAT PROVIDE PRODUCTS OR SERVICES TO GOVERNMENT FINANCE PROFESSIONALS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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