Fiscal year ending 2022. Filed on May 15, 2023.
801 Main Avenue
Norwalk, Connecticut 06851
Financial Accounting Foundation (EIN: 23-7211935) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2022 IRS Form 990 filing, Financial Accounting Foundation, a 501(c)(3) charitable organization, reported compensation for 27 out of 180 total employees. Among the employees shown here, the average compensation is $443,507. The highest compensated employee at Financial Accounting Foundation is Richard R Jones with fiscal year 2022 compensation of $1,319,831.
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Employee compensation
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.
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