FINANCIAL ACCOUNTING FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: FINANCIAL ACCOUNTING FOUNDATION (EIN 23-7211935)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-05-10
IRS object ID: 201701309349302105
Schema version: 2016v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule C
Schedule D
Schedule F
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-10T12:01:39-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1861 INTERNATIONAL DRIVE SUITE 400	AddressLine1Txt
City	MCLEAN	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22102	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	237211935	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FINANCIAL ACCOUNTING FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FINA	BusinessNameControlTxt
Phone	2038470700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	401 MERRITT 7 PO BOX 5116	AddressLine1Txt
City	NORWALK	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06856	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TERESA S POLLEY	PersonNm
Person Title	PRESIDENT AND CEO	PersonTitleTxt
Phone	2038470700	PhoneNum
Signature	2017-05-09	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	YONG ZHANG	PreparerPersonNm
PTIN	P01249785	PTIN
Phone	7033366400	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	108.171.131.187	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-05-09	IPDt
IP Tm	12:04:42	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	E95FE92093C2E0606A48B6DA3AE648CA95A22FB2	AtSubmissionCreationDeviceId
At Submission Filing Device Id	9E5CB7256FC422C6D82BE40595290C30C37C1F6E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	TERESA S POLLEY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	401 MERRITT 7 PO BOX 5116	AddressLine1Txt
City	NORWALK	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06856	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$53,365,418	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	ACCOUNTINGFOUNDATION.ORG,FASB.ORG,GASB.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1972	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	THE MISSION OF THE FINANCIAL ACCOUNTING FOUNDATION (FAF) IS TO ESTABLISH AND IMPROVE FINANCIAL ACCOUNTING AND REPORTING STANDARDS, TO PROVIDE USEFUL INFORMATION TO INVESTORS AND OTHER USERS OF FINANCIAL REPORTS AND TO EDUCATE STAKEHOLDERS ON HOW TO MOST EFFECTIVELY UNDERSTAND AND IMPLEMENT THOSE STANDARDS. THE FAF, ORGANIZED IN 1972, IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION RESPONSIBLE FOR THE OVERSIGHT, ADMINISTRATION, FINANCING AND APPOINTMENT OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB), WHICH WERE ESTABLISHED TO PERFORM DISTINCT FUNCTIONS IN THE PROCESS OF ESTABLISHING AND IMPROVING FINANCIAL ACCOUNTING AND REPORTING STANDARDS.	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	192	TotalEmployeeCnt
Total Volunteers	175	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$845,211	PYInvestmentIncomeAmt
CY Investment Income	$785,489	CYInvestmentIncomeAmt
PY Other Revenue	$48,451,498	PYOtherRevenueAmt
CY Other Revenue	$49,820,424	CYOtherRevenueAmt
PY Total Revenue	$49,296,709	PYTotalRevenueAmt
CY Total Revenue	$50,605,913	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$39,310,339	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$40,558,919	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$14,981,829	PYOtherExpensesAmt
CY Other Expenses	$15,204,898	CYOtherExpensesAmt
PY Total Expenses	$54,292,168	PYTotalExpensesAmt
CY Total Expenses	$55,763,817	CYTotalExpensesAmt
PY Revenues Less Expenses	-$4,995,459	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$5,157,904	CYRevenuesLessExpensesAmt
Total Assets BOY	$86,612,474	TotalAssetsBOYAmt
Total Assets EOY	$81,519,831	TotalAssetsEOYAmt
Total Liabilities BOY	$17,247,619	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$17,014,094	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$69,364,855	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$64,505,737	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ESTABLISH AND IMPROVE FINANCIAL ACCOUNTING AND REPORTING STANDARDS TO PROVIDE USEFUL INFORMATION TO INVESTORS AND OTHER USERS OF FINANCIAL REPORTS AND TO EDUCATE STAKEHOLDERS ON HOW TO MOST EFFECTIVELY UNDERSTAND AND IMPLEMENT THOSE STANDARDS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$34,996,343	ExpenseAmt
Revenue	$40,019,481	RevenueAmt
Desc	FINANCIAL ACCOUNTING STANDARDS BOARD (FASB)FINANCIAL ACCOUNTING STANDARDS ADVISORY COUNCIL (FASAC)ESTABLISHED IN 1973, THE FASB IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION, BASED IN NORWALK, CONNECTICUT, THAT ESTABLISHES FINANCIAL ACCOUNTING AND REPORTING STANDARDS FOR PUBLIC AND PRIVATE COMPANIES AND NOT-FOR-PROFIT ORGANIZATIONS THAT FOLLOW GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). THE FASB IS RECOGNIZED BY THE SECURITIES AND EXCHANGE COMMISSION AS THE DESIGNATED ACCOUNTING STANDARD SETTER FOR PUBLIC COMPANIES. FASB STANDARDS ARE RECOGNIZED AS AUTHORITATIVE BY MANY OTHER ORGANIZATIONS, INCLUDING STATE BOARDS OF ACCOUNTANCY AND THE AMERICAN INSTITUTE OF CPAS (AICPA). THE FASB DEVELOPS AND ISSUES FINANCIAL ACCOUNTING STANDARDS THROUGH A TRANSPARENT AND INCLUSIVE PROCESS INTENDED TO PROMOTE FINANCIAL REPORTING THAT PROVIDES USEFUL INFORMATION TO INVESTORS AND OTHERS WHO USE FINANCIAL REPORTS. THE FINANCIAL ACCOUNTING FOUNDATION (FAF) SUPPORTS AND OVERSEES THE FASB. THE FOLLOWING ARE SOME SPECIFIC ACCOMPLISHMENTS AND INITIATIVES IN 2016 RELATED TO THESE AGENDA ITEMS AND IMPROVING GAAP IN GENERAL. HOWEVER, FOR A COMPLETE AND DETAILED PICTURE OF THE WORK OF THE FASB, CURRENT AND COMPLETED PROJECTS, TIMETABLES AND OTHER INFORMATION, PLEASE VISIT FASB.ORG. IN ADDITION, THE FAF ANNUAL REPORT PROVIDES A DETAILED TIMETABLE OF FASB'S 2016 ACCOMPLISHMENTS AND CAN BE FOUND AT ACCOUNTINGFOUNDATION.ORG.THE FASB COMPLETED A VARIETY OF PROJECTS TO IMPROVE ASPECTS OF GAAP, ISSUING 20 FINAL ACCOUNTING STANDARDS UPDATES (ASUS) IN 2016. AMONG THE MOST SIGNIFICANT OF THESE WERE ASUS ON LEASES, CREDIT LOSSES, AND FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES. THE FASB ALSO ISSUED 22 PROPOSED ASUS, THE MORE SIGNIFICANT PROPOSALS RELATED TO IMPROVEMENTS TO HEDGE ACCOUNTING AND LONG-DURATION INSURANCE CONTRACTS.THE PRIVATE COMPANY COUNCIL (PCC), CONTINUED ITS WORK WITH IMPROVEMENTS THAT ADDRESS THE NEEDS OF PRIVATE COMPANY USERS OF FINANCIAL STATEMENTS IN THE STANDARDS DEVELOPMENT PROCESS AND WERE INSTRUMENTAL IN ADVISING THE FASB ON A NUMBER OF ASUS. THE FASB CONTINUED WITH THE CONTINUED DEVELOPMENT OF THE GAAP FINANCIAL REPORTING TAXONOMY (TAXONOMY) FOR EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL). OUTREACH AND OTHER STAKEHOLDER COMMUNICATIONS CONTINUED TO BE EXTENSIVE WITH NUMEROUS MEETINGS WITH LIAISON GROUPS, REPRESENTATIVES OF USERS, PREPARERS, AND AUDITORS, AND OTHER STAKEHOLDERS. OUTREACH ACTIVITIES ALSO INCLUDES VARIOUS COMMUNICATIONS, EDUCATIONAL MATERIALS AND OTHER ACTIVITIES INCLUDING:* FASB MEMBERS AND STAFF DELIVERED SPEECHES AT 167 DIFFERENT CONFERENCES DURING THE YEAR* 46 PRESS RELEASES, MEDIA ADVISORIES AND TWEETS WERE SENT ON A VARIETY OF FASB STANDARD SETTING ACTIVITIES* 18 EDUCATIONAL WEBCASTS AND VIDEOS WERE PROVIDED.THE FASAC, WHICH COMPRISES 35 MEMBERS WHO REPRESENT A BROAD CROSS-SECTION OF THE FASB'S STAKEHOLDERS, MET FOUR TIMES IN 2016. THE PRIMARY FUNCTION OF FASAC IS TO ADVISE THE FASB ON ISSUES RELATED TO PROJECTS ON THE FASB'S AGENDA, POSSIBLE NEW AGENDA ITEMS, PROJECT PRIORITIES, PROCEDURAL MATTERS THAT MAY REQUIRE THE ATTENTION OF THE FASB, AND OTHER MATTERS AS REQUESTED.FASB'S OTHER ADVISORY GROUPS, INCLUDING THE INVESTOR ADVISORY COMMITTEE, THE NOT-FOR-PROFIT ADVISORY COMMITTEE, AND THE SMALL BUSINESS ADVISORY COMMITTEE, AND THE EMERGING ISSUES TASK FORCE ALL HELD MEETINGS IN 2016 TO SUPPORT THE EFFORTS OF THE FASB.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$9,490,032	ExpenseAmt
Revenue	$9,791,542	RevenueAmt
Desc	GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB)GOVERNMENTAL ACCOUNTING STANDARDS ADVISORY COUNCIL (GASAC)ESTABLISHED IN 1984, THE GASB IS THE INDEPENDENT, PRIVATE-SECTOR ORGANIZATION, BASED IN NORWALK, CONNECTICUT, THAT ESTABLISHES FINANCIAL ACCOUNTING AND REPORTING STANDARDS FOR U.S. STATE AND LOCAL GOVERNMENTS THAT FOLLOW GAAP. THESE STANDARDS ARE RECOGNIZED AS AUTHORITATIVE BY STATE AND LOCAL GOVERNMENTS; STATE BOARDS OF ACCOUNTANCY; AND THE AMERICAN INSTITUTE OF CPAS (AICPA). THE GASB DEVELOPS AND ISSUES FINANCIAL ACCOUNTING STANDARDS THROUGH A TRANSPARENT AND INCLUSIVE PROCESS INTENDED TO PROMOTE FINANCIAL REPORTING THAT PROVIDES USEFUL INFORMATION TO TAXPAYERS, PUBLIC OFFICIALS, INVESTORS, AND OTHERS WHO USE FINANCIAL REPORTS. THE FINANCIAL ACCOUNTING FOUNDATION (FAF) SUPPORTS AND OVERSEES THE GASB. WHETHER SETTING NEW STANDARDS, IMPROVING EXISTING ONES, OR HELPING CONSTITUENTS TO IMPLEMENT AND UNDERSTAND THOSE STANDARDS, GASB'S AIM IS TO PROMOTE GREATER TRANSPARENCY, TO SUPPORT WELL-INFORMED DECISION MAKING, AND TO HELP USERS ASSESS A GOVERNMENT'S FINANCIAL ACCOUNTABILITY. FOR A COMPLETE AND DETAILED PICTURE OF THE WORK OF THE GASB, CURRENT AND COMPLETED PROJECTS, TIMETABLES AND OTHER INFORMATION, PLEASE VISIT GASB.ORG. IN ADDITION, THE FAF ANNUAL REPORT PROVIDES A DETAILED TIMETABLE OF GASB'S 2016 ACCOMPLISHMENTS AND CAN BE FOUND AT ACCOUNTINGFOUNDATION.ORG. BELOW ARE SOME OF THE KEY HIGHLIGHTS IN 2016. IN 2016, GASB ISSUED FOUR FINAL STATEMENTS, INCLUDING GASB STATEMENT NO. 83, WHICH ADDRESSES ACCOUNTING AND FINANCIAL REPORTING FOR CERTAIN ASSET RETIREMENT OBLIGATIONS. WHILE THE MAJORITY OF ITS TIME IS DEVOTED TO DEVELOPING ACCOUNTING AND FINANCIAL REPORTING STANDARDS, THE GASB STAFF ALSO HELPS STAKEHOLDERS UNDERSTAND AND IMPLEMENT STANDARDS BY PROVIDING THEM WITH DIRECT ASSISTANCE ADDRESSING THEIR SPECIFIC FACTS AND CIRCUMSTANCES. OUTREACH AND OTHER STAKEHOLDER COMMUNICATIONS CONTINUED TO BE EXTENSIVE WITH NUMEROUS MEETINGS WITH LIAISON GROUPS AND INTERACTIONS WITH REPRESENTATIVES OF GASB'S THREE PRIMARY STAKEHOLDER GROUPS (USERS, PREPARERS, AND AUDITORS). DURING 2016, GASB MEMBERS AND STAFF DELIVERED SPEECHES AT 105 DIFFERENT CONFERENCES DURING THE YEAR. THE GASB ISSUED 13 PRESS RELEASES, MEDIA ADVISORIES AND TWEETS WERE SENT ON A VARIETY OF GASB STANDARD SETTING ACTIVITIES AND OFFERED 10 EDUCATIONAL WEBCASTS AND VIDEOS. THE POST-IMPLEMENTATION REVIEW PROCESS (PIR), WHICH REVIEWS THE EFFECTIVENESS OF SIGNIFICANT STANDARDS THAT HAVE BEEN IN PLACE FOR AT LEAST TWO YEARS, CONTINUED WITH THE COMPLETION OF ONE GASB STANDARDS PROJECT. THE THIRTY-MEMBER GASAC IS AN ORGANIZATION OF KNOWLEDGEABLE AND EXPERIENCED PROFESSIONALS REPRESENTING THE GASB'S VARIED STAKEHOLDERS WHO VOLUNTEER THEIR SERVICES TO WORK WITH THE GASB IN AN ADVISORY CAPACITY TO ENHANCE THE STANDARD SETTING PROCESS BY CONSULTING WITH THE GASB ON TECHNICAL ISSUES, PROJECT PRIORITIES, AND OTHER MATTERS LIKELY TO CONCERN THE GASB. IN 2016, THE GASAC HELD THREE MEETINGS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$44,486,375	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	94	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	192	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DE	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PETER SPENCER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2038470700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	401 MERRITT 7 PO BOX 5116	AddressLine1Txt
City	NORWALK	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06856	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
CHARLES H NOSKI
CHAIRMAN	8.00	Yes (X)	Yes (X)	$160,000	$0	$0
GARY H BRUEBAKER
VICE CHAIRMAN	5.00	Yes (X)	Yes (X)	$0	$0	$0
ANN MARIE PETACH
TRUSTEE	3.00	Yes (X)	Yes (X)	$60,000	$0	$0
CHARLES M ALLEN
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
CHRISTINE M CUMMING
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
EUGENE FLOOD JR
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
KENNETH B ROBINSON
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
DIANE M RUBIN
TRUSTEE	4.00	Yes (X)		$72,000	$0	$0
JOHN B VEIHMEYER
TRUSTEE	3.00	Yes (X)		$0	$0	$0
NANCY K KOPP
TRUSTEE	3.00	Yes (X)		$0	$0	$0
MICHELLE R SEITZ
TRUSTEE	3.00	Yes (X)		$72,000	$0	$0
W DANIEL EBERSOLE
TRUSTEE	3.00	Yes (X)		$72,000	$0	$0
PAUL G CAMELL
TRUSTEE	3.00	Yes (X)		$72,000	$0	$0
CHARLES S COX
TRUSTEE	3.00	Yes (X)		$72,000	$0	$0
JOHN C DUGAN
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
TERRY WARFIELD
TRUSTEE	3.00	Yes (X)		$72,000	$0	$0
MYRA R DRUCKER
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
ANN SPRUILL
TRUSTEE	3.00	Yes (X)		$60,000	$0	$0
TERESA S POLLEY
PRESIDENT	40.00		Yes (X)	$678,210	$0	$34,873
MARY P CROTTY
CHIEF OPERATING OFFICER	40.00		Yes (X)	$466,092	$0	$76,324
JEFFREY W RUBIN
VP AND GENERAL COUNSEL (THROUGH 3/31)	40.00		Yes (X)	$179,013	$0	$25,969
JOHN W AUCHINCLOSS
VP AND GENERAL COUNSEL (BEG 5/9)	40.00		Yes (X)	$225,527	$0	$50,897
RUSSELL G GOLDEN
CHAIRMAN, FASB	40.00			$1,049,102	$0	$71,188	Yes (X)
DAVID A VAUDT
CHAIRMAN, GASB	40.00			$567,829	$0	$78,514	Yes (X)
JAMES L KROEKER
VICE CHAIRMAN, FASB	40.00			$928,988	$0	$37,761	Yes (X)
LAWRENCE W SMITH
BOARD MEMBER	40.00			$851,784	$0	$63,751		Yes (X)
MARC A SIEGEL
BOARD MEMBER	40.00			$817,667	$0	$75,344		Yes (X)
DARYL E BUCK
BOARD MEMBER	40.00			$822,480	$0	$76,738		Yes (X)
SUSAN M COSPER
TECHNICAL DIRECTOR, FASB	40.00			$656,209	$0	$63,012		Yes (X)
R HAROLD SCHROEDER
BOARD MEMBER	40.00			$838,920	$0	$95,635		Yes (X)
RONALD P GUERRETTE
VICE PRESIDENT (FORMER)	40.00			$135,830	$0	$3,094			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$9,289,651	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$753,100	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	107	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
OVITAS
60 MALL ROAD	BURLINGTON	MA	01803	IT CONSULTANT	$1,422,135
DELOITTE CONSULTING
PO BOX 844717	DALLAS	TX	75284	IT CONSULTANT	$1,303,781
PWC
400 CAMPUS DRIVE	FLORHAM PARK	NJ	07932	PAYMENTS FOR FELLOWS	$607,251
K&L GATES
1601 K STREET NW	WASHINGTON	DC	20006	CONSULTANT EXTERNAL RELATIONS	$519,415
KPMG
PO BOX 0754	DALLAS	TX	753120754	FELLOW PAYMENTS	$507,572

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	16	CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$756,006	TotalRevenueColumnAmt
Exclusion	$756,006	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,401	TotalRevenueColumnAmt
Exclusion	$9,401	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,437,907	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$2,408,424	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$29,483	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,483	TotalRevenueColumnAmt
Exclusion	$29,483	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$326,670	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$351,081	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$24,411	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$24,411	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ACCOUNTING SUPPORT FEES	900099	$33,092,084	$33,092,084
LICENSE FEE AND SUBSCRIPTION REVE	900099	$16,735,991	$16,735,991
OTHER REVENUE	900099	$7,359	$7,359

Field	Value	IRS element (for citing)
Other Revenue Total	$49,835,434	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$50,605,913	TotalRevenueColumnAmt
Related Or Exempt Func Income	$49,811,023	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$794,890	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$5,542,286	TotalAmt
Program Services	$2,733,382	ProgramServicesAmt
Management And General	$2,808,904	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$27,947,701	TotalAmt
Program Services	$24,709,433	ProgramServicesAmt
Management And General	$3,238,268	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$2,457,635	TotalAmt
Program Services	$2,151,763	ProgramServicesAmt
Management And General	$305,872	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,240,037	TotalAmt
Program Services	$2,524,150	ProgramServicesAmt
Management And General	$715,887	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,371,260	TotalAmt
Program Services	$1,166,407	ProgramServicesAmt
Management And General	$204,853	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$91,436	TotalAmt
Management And General	$91,436	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$195,279	TotalAmt
Management And General	$195,279	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$170,000	TotalAmt
Program Services	$170,000	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,552,183	TotalAmt
Program Services	$896,125	ProgramServicesAmt
Management And General	$656,058	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$354,651	TotalAmt
Program Services	$118,655	ProgramServicesAmt
Management And General	$235,996	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,206,870	TotalAmt
Program Services	$2,494,613	ProgramServicesAmt
Management And General	$712,257	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,197,836	TotalAmt
Program Services	$1,422,193	ProgramServicesAmt
Management And General	$775,643	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$717,691	TotalAmt
Program Services	$533,466	ProgramServicesAmt
Management And General	$184,225	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$479,076	TotalAmt
Program Services	$297,715	ProgramServicesAmt
Management And General	$181,361	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$610,931	TotalAmt
Program Services	$392,731	ProgramServicesAmt
Management And General	$218,200	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$264,451	TotalAmt
Management And General	$264,451	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
COST OF LICENSE FEE AND	$3,389,095	$3,389,095
PLACEMENT & RECRUITING	$920,672	$688,616	$232,056
SUBSCRIPTION & INFORMAT	$394,515	$377,685	$16,830
BILLING AND COLLECTION	$239,400	$239,400

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$420,812	TotalAmt
Program Services	$180,946	ProgramServicesAmt
Management And General	$239,866	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$55,763,817	TotalAmt
Program Services	$44,486,375	ProgramServicesAmt
Management And General	$11,277,442	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$5,897,148	BOYAmt
EOY	$3,777,492	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$9,921,784	BOYAmt
EOY	$9,375,261	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,051,018	BOYAmt
EOY	$5,821,372	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$51,639	BOYAmt
EOY	$48,523	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$277,666	BOYAmt
EOY	$388,058	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$13,561,684	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,750,476	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,922,113	BOYAmt
EOY	$1,811,208	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$62,431,256	BOYAmt
EOY	$58,893,983	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,059,850	BOYAmt
EOY	$1,403,934	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$86,612,474	BOYAmt
EOY	$81,519,831	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,045,378	BOYAmt
EOY	$2,129,400	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$6,623,158	BOYAmt
EOY	$6,309,576	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,579,083	BOYAmt
EOY	$8,575,118	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,247,619	BOYAmt
EOY	$17,014,094	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$69,364,855	BOYAmt
EOY	$64,505,737	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$69,364,855	BOYAmt
EOY	$64,505,737	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$86,612,474	BOYAmt
EOY	$81,519,831	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$5,157,904	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$217,642	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$81,144	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$38,220,788	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$32,917,201	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$30,193,496	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,264,665	CurrentTaxYearMinus1YearAmt
Current Tax Year	$33,092,084	CurrentTaxYearAmt
Total	$165,688,234	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$38,220,788	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$32,917,201	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$30,193,496	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,264,665	CurrentTaxYearMinus1YearAmt
Current Tax Year	$33,092,084	CurrentTaxYearAmt
Total	$165,688,234	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$165,688,234	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,060,769	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$953,145	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$930,684	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$766,449	CurrentTaxYearMinus1YearAmt
Current Tax Year	$765,407	CurrentTaxYearAmt
Total	$4,476,454	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$2,539,003	CurrentTaxYearMinus3YearsAmt
Total	$2,539,003	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$172,703,691	TotalSupportAmt
Gross Receipts Rltd Activities	$88,003,625	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.95940	PublicSupportCY170Pct
Public Support PY170	0.95640	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	CLASS ACTION SETTLEMENT - 2013 AMOUNT: $ 2,539,003.	ExplanationTxt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$460,000	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$460,000	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$55,303,817	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$55,763,817	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$726,800	CurrentYearMinus3Amt
Current Year Minus2	$650,000	CurrentYearMinus2Amt
Current Year Minus1	$520,000	CurrentYearMinus1Amt
Current Year	$460,000	CurrentYearAmt
Total	$2,356,800	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-A, LINE 1B	FormAndLineReferenceDesc
Explanation	LOBBYING COSTS INCLUDES EXPENSES PAID TO CONSULTANTS AND OTHER COSTS TO REGULARLY MONITOR PROPOSED LEGISLATION AND RULEMAKING THAT MAY DIRECTLY OR INDIRECTLY AFFECT FINANCIAL ACCOUNTING AND REPORTING STANDARDS, AND FROM TIME TO TIME TO REACH OUT TO CONGRESSIONAL MEMBERS AND STAFF AND OTHERS WITH RESPECT TO SUCH LEGISLATION AND RULEMAKING. DURING 2016, WE ENGAGED IN LOBBYING EFFORTS WITH RESPECT TO: LEGISLATION TO EXEMPT THE FASB'S ACCOUNTING SUPPORT FEES FROM THE FEDERAL BUDGETARY SEQUESTRATION PROCESS; LEGISLATION TO REPEAL CERTAIN PROVISIONS OF THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT AND THEREBY IMPACT THE GASB'S ACCOUNTING SUPPORT FEES; AND THE ACCOUNTING STANDARD-SETTING PROCESS IN GENERAL.	ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,345,708	OtherCostOrOtherBasisAmt
Depreciation	$4,211,916	DepreciationAmt
Book Value	$1,133,792	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,215,976	OtherCostOrOtherBasisAmt
Depreciation	$7,538,560	DepreciationAmt
Book Value	$677,416	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,811,208	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
ACCRUED PAYROLL AND RELATED BENEFITS	$1,304,254
ACCRUED RENT EXPENSE	$1,600,091
ACCRUED PENSION COSTS	$1,406,341
ACCRUED 457B PLAN COSTS	$1,403,934
ACCRUED POSTRETIREMENT HEALTH CARE COSTS	$2,860,498

Field	Value	IRS element (for citing)
Total Liability	$8,575,118	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$47,629,460	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$217,642	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$195,000	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$412,642	RevenueNotReportedAmt
Revenue Subtotal	$47,216,818	RevenueSubtotalAmt
Other Revenues Not Included	$3,389,095	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$3,389,095	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$50,605,913	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$52,569,722	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$195,000	DonatedServicesUseFcltsAmt
Expenses Not Reported	$195,000	ExpensesNotReportedAmt
Expenses Subtotal	$52,374,722	ExpensesSubtotalAmt
Other Expenses Not Included	$3,389,095	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$3,389,095	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$55,763,817	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS REVIEWED TAX POSITIONS FOR OPEN TAX YEARS AND DETERMINED THAT A PROVISION FOR UNCERTAIN TAX POSITIONS IS NOT REQUIRED.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COST OF SUBSCRIPTION AND LICENSE FEE REVENUE 3,389,095.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	COST OF SUBSCRIPTION AND LICENSE FEE REVENUE 3,389,095.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	ATTEND MEETINGS WITH STANDARD SETTERS AND OTHERS ON ISSUES RELATED TO INTERNATIONAL ACCOUNTING STANDARDS	$128,387
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	ATTEND MEETINGS WITH STANDARD SETTERS AND OTHERS ON ISSUES RELATED TO INTERNATIONAL ACCOUNTING STANDARDS	$54,422
NORTH AMERICA	PROGRAM SERVICES	ATTEND MEETINGS WITH STANDARD SETTERS AND OTHERS ON ISSUES RELATED TO INTERNATIONAL ACCOUNTING STANDARDS	$14,499

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$197,308	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$197,308	TotalSpentAmt
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION USES GAAP TO REPORT EXPENDITURES IN A FOREIGN REGION.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CHARLES H NOSKI
CHAIRMAN	$160,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$160,000	$0	$0	$0
TERESA S POLLEY
PRESIDENT	$577,500	$0	$50,000	$0	$50,710	$0	$31,113	$0	$3,760	$0	$713,083	$0	$0	$0
MARY P CROTTY
CHIEF OPERATING OFFICER	$385,116	$0	$58,000	$0	$22,976	$0	$47,753	$0	$28,571	$0	$542,416	$0	$0	$0
JEFFREY W RUBIN
VP AND GENERAL COUNSEL (THROUGH 3/31	$141,047	$0	$0	$0	$37,966	$0	$9,004	$0	$16,965	$0	$204,982	$0	$0	$0
JOHN W AUCHINCLOSS
VP AND GENERAL COUNSEL (BEG 5/9)	$223,201	$0	$0	$0	$2,326	$0	$26,931	$0	$23,966	$0	$276,424	$0	$0	$0
RUSSELL G GOLDEN
CHAIRMAN, FASB	$921,653	$0	$0	$0	$127,449	$0	$33,323	$0	$37,865	$0	$1,120,290	$0	$0	$0
DAVID A VAUDT
CHAIRMAN, GASB	$518,691	$0	$0	$0	$49,138	$0	$62,460	$0	$16,054	$0	$646,343	$0	$0	$0
JAMES L KROEKER
VICE CHAIRMAN, FASB	$824,000	$0	$0	$0	$104,988	$0	$34,253	$0	$3,508	$0	$966,749	$0	$0	$0
LAWRENCE W SMITH
BOARD MEMBER	$732,616	$0	$0	$0	$119,168	$0	$35,514	$0	$28,237	$0	$915,535	$0	$0	$0
MARC A SIEGEL
BOARD MEMBER	$731,021	$0	$0	$0	$86,646	$0	$37,090	$0	$38,254	$0	$893,011	$0	$0	$0
DARYL E BUCK
BOARD MEMBER	$730,162	$0	$0	$0	$92,318	$0	$46,044	$0	$30,694	$0	$899,218	$0	$0	$0
SUSAN M COSPER
TECHNICAL DIRECTOR, FASB	$561,866	$0	$54,000	$0	$40,343	$0	$35,027	$0	$27,985	$0	$719,221	$0	$0	$0
R HAROLD SCHROEDER
BOARD MEMBER	$731,021	$0	$0	$0	$107,899	$0	$57,381	$0	$38,254	$0	$934,555	$0	$0	$0
RONALD P GUERRETTE
VICE PRESIDENT (FORMER)	$0	$0	$0	$0	$135,830	$0	$0	$0	$3,094	$0	$138,924	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	GROSS-UP PAYMENTS ARE PROVIDED RELATIVE TO CERTAIN RETIREMENT PLAN PAYMENTS. SUCH PAYMENTS ARE TREATED AS TAXABLE COMPENSATION. ALL EMPLOYEES ARE ELIGIBLE FOR REIMBURSEMENT FOR A PORTION OF HEALTH CLUB DUES AT SELECTED FACILITIES, WHICH ARE INCLUDED AS COMPENSATION.
PART I, LINES 4A-B	MONTHLY PAYMENTS TOTALING $135,000 WERE MADE TO RON GUERRETTE, FORMER VICE PRESIDENT, IN CONNECTION WITH THE TWELVE MONTH AGREEMENT ENTEREND INTO IN CONNECTION WITH HIS DEPARTURE FROM THE FAF IN 2015. MONTHLY PAYMENTS TOTALING $38,000 WERE MADE TO JEFFREY RUBIN, FORMER VICE PRESIDENT AND GENERAL COUNSEL, IN CONNECTION WITH THE TWO MONTH AGREEMENT ENTERERED INTO IN CONNECTION WITH HIS DEPARTURE FROM THE FAF IN 2016. THE FAF PROVIDES ADDITIONAL DEFINED CONTRIBUTIONS TO PARTICIPANTS WHOSE ANNUAL COMPENSATION IS IN EXCESS OF THE IRC COMPENSATION LIMIT, FIRST TO A 457(B) DEFERRED COMPENSATION PLAN, AND IF THAT LIMIT IS REACHED DURING A CALENDAR YEAR, THEN CASH PAYMENTS (INCLUDING TAX GROSS-UPS) ARE MADE TO ELIGIBLE PARTICIPANTS. THE FOLLOWING COVERED INDIVIDUALS PARTICIPATED IN THE FOUNDATION'S OTHER SUPPLEMENTAL PROGRAMS IN 2016 AND RECEIVED AND/OR WERE DEEMED TO HAVE RECEIVED THE FOLLOWING AMOUNTS: TERESA POLLEY - $44,568 LAWRENCE SMITH- $110,134 DAVID VAUDT- $40,014 RUSSELL GOLDEN- $124,679 DARYL BUCK- $88,355 HAROLD SCHROEDER - $99,135 MARC SIEGEL - $83,696 JAMES KROEKER - $102,217 MARY CROTTY - $18,000 SUSAN COSPER - $37,393
PART I, LINE 7	THE AMOUNTS SHOWN ON PART II, COLUMN B (II) FOR TERESA POLLEY, MARY CROTTY, AND SUSAN COSPER WERE PAID AND AWARDED BASE ON PERFORMANCE AND APPROVED BY THE FAF BOARD OF TRUSTEES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4	ON NOVEMBER 15, 2016, THE FAF BOARD OF TRUSTEES VOTED TO APPROVE APPROVED CHANGES TO THE BOARD'S COMMITTEE STRUCTURE: THE FORMER FINANCE AND COMPENSATION COMMITTEE WAS DISBANDED, WITH ITS FINANCE FUNCTIONS BEING ASSIGNED TO THE AUDIT AND COMPLIANCE COMMITTEE, RENAMED AS THE "AUDIT AND FINANCE COMMITTEE, AND COMPENSATION FUNCTIONS BEING ASSIGNED TO A NEW "COMPENSATION COMMITTEE; THE FORMER APPOINTMENTS AND EVALUATIONS COMMITTEE WAS RENAMED THE "APPOINTMENTS COMMITTEE AND ITS EVALUATION FUNCTIONS ASSIGNED TO THE NEW COMPENSATION COMMITTEE; THE MANDATE OF THE STANDARD-SETTING PROCESS OVERSIGHT COMMITTEE WAS REVISED TO INCLUDE THE DUTIES OF THE PRIVATE COMPANY REVIEW COMMITTEE, WHICH WAS DISBANDED; AND THE EXECUTIVE COMMITTEE WAS UNCHANGED. THESE CHANGES ARE FURTHER DESCRIBED IN A NOVEMBER 15, 2016 PRESS RELEASE BY THE FAF THAT IS AVAILABLE ON THE FAF WEBSITE (SINCE THE ISSUANCE OF THAT PRESS RELEASE, THE BOARD OF TRUSTEES CHANGED THE NAME OF THE NEW COMPENSATION COMMITTEE FROM ITS PREVIOUS NAME (THE "HUMAN RESOURCES COMMITTEE")).
FORM 990, PART VI, SECTION B, LINE 11B	THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FORM 990 PRIOR TO IT BEING FILED. IN ADDITION, A COPY OF THE A FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEE PRIOR TO IT BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12C	THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT COVERS ALL EMPLOYEES. ALL EMPLOYEES ARE REQUIRED, ON A QUARTERLY BASIS, TO REPORT INTERESTS THAT WOULD POSE A CONFLICT TO THE FOUNDATION. FAILURE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY CAN RESULT IN SANCTIONS, WHICH MAY INCLUDE TERMINATION. IN ADDITION, THE FOUNDATION ALSO HAS ADOPTED A TRUSTEE CODE OF CONDUCT, WHICH INCLUDES CONFLICT OF INTEREST PROVISIONS, AND REQUIRES EACH TRUSTEE TO CERTIFY COMPLIANCE ANNUALLY. THE FAF ALSO MAINTAINS AN OMBUDS POLICY WHICH ENABLES EMPLOYEES AND TRUSTEES TO REPORT VIOLATIONS OF LAW OR FOUNDATION POLICIES, EITHER ON A DISCLOSED OR ON AN ANONYMOUS BASIS. EACH EMPLOYEE, AND EACH TRUSTEE, HAS AN AFFIRMATIVE DUTY TO REPORT PROMPTLY VIOLATIONS OF LAW OR FOUNDATION POLICIES. PERSONS REPORTING IN GOOD FAITH PURSUANT TO THE OMBUDS POLICY ARE PROTECTED FROM EMPLOYMENT RETALIATION.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE OF THE FAF BOARD OF TRUSTEES, WHICH IS COMPRISED OF INDEPENDENT TRUSTEES, IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE FAF PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FASB AND GASB MEMBERS ANNUALLY. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR MAKING RECOMMENDATIONS TO THE FAF BOARD OF TRUSTEES, BASED ON STUDIES CONDUCTED BY INDEPENDENT COMPENSATION CONSULTANTS THAT PERFORM MARKET RESEARCH AND PROVIDE COMPREHENSIVE COMPENSATION COMPARABILITY REPORTS, AND INPUT FROM THE APPOINTMENTS COMMITTEE, FOR THE FAF PRESIDENT AND CHIEF EXECUTIVE OFFICER AND THE FASB AND GASB MEMBERS. THESE COMPENSATION RECOMMENDATIONS ARE PROVIDED TO THE FAF BOARD OF TRUSTEES FOR THEIR APPROVAL. COMPREHENSIVE COMPENSATION STUDIES OF KEY EMPLOYEE COMPENSATION ARE CONDUCTED EVERY THREE TO FIVE YEARS, WITH THE LAST STUDY BEING PERFORMED IN 2014. IN THE INTERVENING YEARS, THE COMPENSATION DATA IS UPDATED BY THE CONSULTANTS BASED ON MARKETPLACE DATA. ADDITIONALLY, DURING 2015, AN INDEPENDENT CONSULTING FIRM PROVIDED WRITTEN OPINIONS AFFIRMING (1) THE FAIRNESS (UNDER THE INTERMEDIATE SANCTIONS RULES PROMULGATED PURSUANT TO THE IRC) OF THE COMPENSATION DETERMINATIONS MADE BY THE BOARD OF TRUSTEES WITH RESPECT TO KEY EMPLOYEES, AND (2) THE FAIRNESS OF TRUSTEE COMPENSATION. FOR OTHER FAF EMPLOYEES, INCLUDING OFFICERS NOT CONSIDERED KEY EMPLOYEES, PERFORMANCE IS REVIEWED ANNUALLY AND SALARY RANGES ARE REVIEWED EVERY THREE TO FIVE YEARS ON THE BASIS OF MARKET COMPENSATION DATA PROVIDED BY INDEPENDENT COMPENSATION CONSULTANTS. DURING THE INTERVENING YEARS, SALARY RANGES ARE ADJUSTED FOR INFLATION. THE MOST RECENT COMPREHENSIVE REVIEW OF FAF STAFF SALARY RANGES WAS PERFORMED IN 2014 FOR IMPLEMENTATION IN 2015.
FORM 990, PART VI, SECTION C, LINE 19	THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE LOCATED ON THE FOUNDATION'S WEBSITE. AT THIS TIME, THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
FORM 990, PART XI, LINE 9:	PENSION RELATED CHANGES-AMOUNTS REFLECTED AS OTHER CHANGE IN NET ASSETS 81,144.