Public Charity

Financial Accounting Foundation

Financial Accounting Foundation is a nonprofit organization categorized as Public Charity based in Norwalk, CT. Its most recent IRS filing (2025) reports revenue of $74.9M, expenses of $75.0M, total assets of $162.7M.

EIN: 237211935 Norwalk, CT Support N.E.C. NTEE: W19 Latest filing: 2025
Total Revenue$74.9M
Total Expenses$75.0M
Total Assets$162.7M
Grant Records0
Filing Years2021–2025

Mission

Establish and improve high-quality financial accounting and reporting standards that provide information useful in decision making to investors and other users of financial reports and improving all stakeholders' understanding of those standards and preparers' ability to implement them effectively.

Officers & Directors

FASB Member Christine Ann Botosan
Trustee Diane C Nordin
Chair Edward C Bernard
Trustee Edward J Goldthorpe
Trustee Elizabeth A Pearce
Executive Director (AS OF 10/1/25) Erin Hill

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $74.9M $75.0M $162.7M
2024 $86.1M $73.1M $161.1M
2023 $80.8M $70.1M $145.7M
2022 $75.6M $63.9M $140.6M
2021 $61.7M $56.7M $106.0M

Between 2021 and 2025, reported annual revenue grew from $61.7M to $74.9M (+22%), with total assets most recently reported at $162.7M.

Interactive year-over-year charts and full filing details available with membership.

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