Masfaa Midwest Association of Student Weston Hurd
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROMOTE AND PROVIDE TRAINING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR THOSE INVOLVED WITH DELIVERY OF FINANCIAL AID TO COLLEGE STUDENTS; TO ADVOCATE AND SUPPORT FINANCIAL AID PROGRAMS; TO FACILITATE COMMUNICATION AND COORDINATION AMONG PROFESSIONAL ASSOCIATIONS
- Income
- $375,938
- Spending
- $414,628
- Spent on programs
- 77%
- Reserves
- 10.6 months of spending
- Largest source of income
- fees for its services, 77%
- Employees
- 0
- Volunteers
- 150
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
Good: 77 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
10 of 15Income fell 6% on the year before.
Spending floor
15 of 1577% 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
Fair: 64 out of 100.
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (4)
- $238,615 spent. ANNUAL CONFERENCE WAS HELD OCTOBER 12-15, 2025 IN ST. CHARLES,MO WITH OVER 325 PARTICIPANTS, INCLUDING VENDORS, INVITED SPEAKERS, SPECIAL GUESTS AND REGULAR CONFERENCE ATTENDEES. PARTICIPANTS RECEIVED TRAINING ON VARIOUS FINANCIAL AID TOPICS TO HELP WITH THE ADMINISTRATION OF STUDENT AID AND REMAINING COMPLIANT WITH VARIOUS FEDERAL, STATE AND OTHER REGULATORY REQUIREMENTS, FEDERAL AND NATIONAL UPDATES AND PROFESSIONAL DEVELOPMENT SKILLS.
- $70,421 spent. SUMMER INSTITUTE AND LEADERSHIP SYMPOSIUM PROVIDED EDUCATION AND INSTRUCTION ON VARIOUS TOPICS RELATED TO THE ADMINISTRATION OF STUDENT FINANCIAL AID. THE EVENT WAS HELD JUNE 2-6, 2025 IN CHICAGO, ILLINOIS AND HAD OVER 100 ATTENDEES INCLUDING THE FACULTY.
- $6,767 spent. OTHER PROGRAM SERVICE PROJECTS. WOULD INCLUDE ALL OTHER PROGRAM ACTIVITIES OTHER THAN THE THREE MAIN CATEGORIES. THEY WOULD INCLUDE NASFAA AND STATE RELATED CONFERENCES AND MATERIALS AND ANY OTHER MISCELLANEOUS ACTIVITIES.
- $3,080 spent. Professional development provided various virtual webinars throughout the year, including The Federal Budget and Student Aid, Supporting Immigrant Families in Higher Education Access: Policy Updates for Financial Aid Administrators, Facing the FAAC: Overcoming the Fear and Preparing for Success, Mastering Mentorship: Building Relationships that Propel Your Career, Prison Education Programs, Return of Title IV (R2T4) Funds, From Office to Capitol Hill: Confident Advocacy for Financial Aid Professionals, Navigating the Higher Education Legislative Landscape, Level Up: Mapping Your Path in Financial Aid, Succession Planning: Preparing the Staff of Today to Be the Staff of Tomorrow, and The Burnout Blindspot.
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
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.
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 October 13, 2026.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.