EIN 47-4830465

Advanced Functional Fabrics of America

IRS 501(c) type
501(c)(3)
Num. employees
61
Year formed
2015
Most recent tax filings
2023-06-01
Description
Advanced Functional Fabrics of America aims to build and sustain US global leadership in revolutionary fibers and textiles by accelerating the widespread commercialization of highly functional products, through a public-private partnership among government, academia, and industry. Affoa plans to establish a manufacturing innovation institute nationwide for this purpose.
Related structure
Advanced Functional Fabrics of America is a subordinate organization under Massachusetts Institute of Technology (MIT).
Total revenues
$22,087,976
2023
Total expenses
$25,814,263
2023
Total assets
$10,967,169
2023
Num. employees
61
2023

Program areas at Advanced Functional Fabrics of America

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, academia and industry. Affoa is a nationwide network addressing the spectrums of manufacturing challenges associated with the fiber and textile industry from concept to end products. This institute, with the help of the federal government funding will bring academia, government laboratories, nonprofit organization and industries (small, medium businesses and large corporations) under one umbrella so that the current fragmented u.s. Capabilities become one coherent ecosystem. The principal objective of the institute is to develop and scale critical manufacturing processes for the revolutionary fiber and textiles and take them from mrl4 to mrl7. Affoa will also provide guidance and serve as a transition partner to accelerate lower mrl activities. Fibers and textiles industry, predominately a laborintensive industry, has been losing global market share and us manufacturing jobs for the past four decades. Concomitant with the decline has been the loss of infrastructure for new development, including labscale and pilot line facilities, and the knowledge base in these areas for the manufacturing sector. Also, a vacuum has been created in the talent pool essential to reviving the fiber and textile manufacturing sector. These areas need strategic investment to seed and grow the manufacturing base for Advanced fibers and technical textiles industry in the country. Affoa will serve as the onestop network for fibers and textile manufacturers, system integrators, companies designing and developing products using fiber/textiles for various applications such as apparel, furniture and upholstery, technical textiles, Advanced soldier and war fighter protection, space and aviation, automotive, personal and property protection, composites, geotextiles, sports and leisure, medical applications, agriculture and buildings. To enable this manufacturingbasedrevolution, affoa's goal is the transformation of traditional fibers, yarns and textiles into highly sophisticated integrated and networked devices and systems. To pursue this mission, affoa will address the spectrum of manufacturing challenges associated with volume manufacturing of revolutionary fibers and textiles from concept to end products through deliberate plans, projects and programs. Affoa provides an unpresented capability to rapidly and flexibly produce enditem prototypes through its unique collaborative infrastructure (fin) and suite of computational design tools that are the focus of affoa's development effort. Affoa will enable agile manufacturing innovation and transfer, prototyping and pilotproduction facilities for rapid product and project execution, workforce education, and dedicated startup incubators driving innovation for the entire u.s. industry. In addition to advancing the textile manufacturing sector, affoa is structured to become selfsustainingby the end of five years or earlier.

Personnel at Advanced Functional Fabrics of America

NameTitleCompensation
Alexander StolyarovChief Executive Officer and President$342,799
Sasha StolyarovChief Executive Officer
Don NadreauChief Financial Officer$279,757
Michelle FarringtonChief Strategy Officer$324,647
Bonnie HaaseChief Human Resources Officer$154,653
...and 16 more key personnel

Financials for Advanced Functional Fabrics of America

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,936,472
Program services$11,151,504
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$22,087,976

Form 990s for Advanced Functional Fabrics of America

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-11-22990View PDF
2019-062021-01-28990View PDF
...and 3 more Form 990s
Data update history
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Used new vendors
Identified 4 new vendors, including , , , and
April 24, 2024
Updated personnel
Identified 3 new personnel
April 19, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Funds one specific organizationMembershipsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
12 Emily St 2
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
affoa.org/ 
Phone
(617) 446-6738
IRS details
EIN
47-4830465
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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