Public Charity

ADVANCED FUNCTIONAL FABRICS OF AMERICA INC

ADVANCED FUNCTIONAL FABRICS OF AMERICA INC is a nonprofit organization categorized as Public Charity based in BEDFORD, MA. Its most recent IRS filing (2025) reports revenue of $15.4M, expenses of $14.1M, total assets of $3.2M.

EIN: 474830465 BEDFORD, MA Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$15.4M
Total Expenses$14.1M
Total Assets$3.2M
Grant Records0
Filing Years2021–2025

Mission

AFFOA IS A PUBLIC-PRIVATE PARTNERSHIP AMONG GOVERNMENT. ACADEMIA AND INDUSTRY, ESTABLISHED TO BUILD AND SUSTAIN U.S. GLOBAL LEADERSHIP IN THE REVOLUTIONARY FIBERS AND TEXTILES BY ACCELERATING THE WIDESPREAD COMMERCIALIZATION OF HIGHLY FUNCTIONAL ADVANCED FIBERS AND TEXTILES FOR DEFENSE AND COMMERCIAL MARKETS.

Where $100 goes at Advanced Functional Fabrics of America Inc

How Advanced Functional Fabrics of America Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself
$6 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 $94 for programs

$94
Advanced functional fabrics of american (affoa) aims to establish a manufacturing innovation institute in the area of revolutionary fibers and textiles as a public private partnership between government…
All program spending
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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

CEO/PRESIDENT Alexander Stolyarov
BOARD MEMBER Biran Johnson
DIRECTOR OF HUMAN RESOURCES Carolyn Foster
BOARD MEMBER Charles Howland
PRINCIPAL SYSTEM ARCHITECT Edin Insanic
BOARD MEMBER Elisabeth Reynolds

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $15.4M $14.1M $3.2M
2024 $18.7M $20.9M $7.7M
2023 $22.1M $25.8M $11.0M
2022 $20.7M $22.9M $14.7M
2021 $24.6M $24.5M $14.5M

Between 2021 and 2025, reported annual revenue declined from $24.6M to $15.4M (-37%), with total assets most recently reported at $3.2M.

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

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