Public Charity

MINNESOTA ASSOCIATION OF FINANCIAL AID ADMINISTRATORS

MINNESOTA ASSOCIATION OF FINANCIAL AID ADMINISTRATORS is a Public Charity headquartered in ST PAUL, MN. Financial data from the 2025 filing: $59K revenue, $61K expenses, $433K total assets.

EIN: 363297850 ST PAUL, MN Education NTEE: B Latest filing: 2025
Total Revenue$59K
Total Expenses$61K
Total Assets$433K
Grant Records0
Filing Years2018–2025

Mission

SUPPORT AND TRAINING OF FINANCIAL AID PROFESSIONALS

Where $100 goes at Minnesota Association of Financial Aid Administrators

How Minnesota Association of Financial Aid Administrators divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$65 Programs the work itself
$35 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $65 for programs

$33
Conferences to educate and inform mafaa members about financial aid administration changes and updates
50% of program spending
$32
Professional development, leadership training, basic and advanced workshops, national association of student financial aid administrators training
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Amanda Cantu
2YR PUBLC SECTOR REP Brenda Trafton
PAST VICE PRESIDENT Brynn Juranek
PRESIDENT ELECT Donna Goeden
SECRETARY Elizabeth Brooks
TREASURER ELECT Jennifer Williams

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $59K $61K $433K
2024 $88K $70K $435K
2023 $72K $71K $417K
2022 $55K $61K $424K
2018 $77K $95K $498K

Between 2018 and 2025, reported annual revenue declined from $77K to $59K (-23%), with total assets most recently reported at $433K.

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

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