NonprofitsAdvanced Functional Fabrics Of America Inc

Education

Advanced Functional Fabrics Of America Inc

BEDFORD, MA

Total revenue

$18.7M

Total expenses

$20.9M

Net assets

$758K

Grants received

EIN

474830465

Tax year

2023

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 commericialization of highly functional advanced fibres and textiles for defense and commercial markets.

Financials

FY 2023

Revenue

Contributions & grants$18.5M
Program service revenue$238K
Investment income$21K
Other revenue
Total revenue$18.7M

Expenses

Grants paid
Salaries & benefits$7.4M
Fundraising
Other expenses$13.5M
Total expenses$20.9M
Total assets$7.7M
Net assets$758K

People

16 listed

NameRoleCompensation

ALEXANDER STOLYAROV

CEO/PRESIDENT

Board

$366K

50 hrs/wk

PAUL KERN

CHAIRMAN OF BOARD

Board

$100K

2 hrs/wk

WALTER SMITH

CHAIR OF AUDIT COMMITTEE

Board

$10K

2 hrs/wk

CHARLES HOWLAND

CHAIR OF GOVERNANCE & NOMI

Board

$10K

2 hrs/wk

JOHN FRY

CHAIRMAN OF COMPENSATION C

Board

$10K

2 hrs/wk

DAVID WHEELER

BOARD MEMBER

Board

2 hrs/wk

NORMAN CHAPMAN

BOARD MEMBER

Board

2 hrs/wk

ELISABETH REYNOLDS

BOARD MEMBER

Board

2 hrs/wk

IRA MOSKOWITZ

BOARD MEMBER

Board

2 hrs/wk

ERIC SPACKEY

BOARD MEMBER

Board

2 hrs/wk

DR JOYCE BROWN

BOARD MEMBER

Board

2 hrs/wk

CARLOYN KIRK

BOARD MEMBER

Board

2 hrs/wk

MICHELLE FARRINGTON

VP STRATEGIC GROWTH

Staff

$325K

40 hrs/wk

RICHARD SALVAGE

EX-VP OF FINANCE

Staff

$215K

40 hrs/wk

EDIN INSANIC

PRINCIPAL SYSTEM ARCHITECT AND GROUP LEAD

Staff

$210K

40 hrs/wk

NATASHA SPACKEY

VP NEW BUSINESS DEVELOPMENT AND PARTNERSHIPS

Staff

$208K

40 hrs/wk

Independent contractors

JENNIFER MCCABE

GENERAL COUNSEL

$444K

GOODWIN PROCTOR LLP

GENERAL COUNSEL

$160K

CLIFTONLARSENALLEN LLP

ACCOUNTING

$120K

Details

EIN474830465
NTEE codeB11
Subsection03
Ruling date2015-12
Formed2015
Employees41
Volunteers0
ADVANCED FUNCTIONAL FABRICS OF AMERICA INC — Mission, Financials & Grants Received | Grantivo