Building Americas Future Educational Fund
- Assets
- $67.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Arlington, VA
- Founding
- 12/2010
- Data as of
- 12/2019
- EIN
- 27-1976324
Organization Overview
Building Americas Future Educational Fund is located in Arlington, VA. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2019, Building Americas Future Educational Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Americas Future Educational Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Building Americas Future Educational Fund generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (61.1%) each year. All expenses for the organization totaled $24.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (68.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
BUILDING AMERICA'S FUTURE EDUCATIONAL FUND IMPLEMENTED A MULTI-PRONGED EDUCATIONAL ADVOCACY-DRIVEN STRATEGY OF PUBLISHING OPINION EDITORIALS, MEETINGS WITH POLICYMAKERS AND OTHERS, SPEECHES AND MEDIA OPPORTUNITIES TO EDUCATE POLICYMAKERS AND THE MEDIA ABOUT THE NEED AND BENEFITS OF A LONG-TERM INFRASTRUCTURE PLAN TO KEEP AMERICA ECONOMICALLY COMPETITIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Hale Chairman | 31 | $15,000 | |
Joan Deboer Vice Chair | 2 | $0 | |
Kerry O'hare Secretary | 31 | $5,000 | |
Donna Cooper Director | 2 | $0 | |
John Feinblatt Director | 2 | $0 | |
Sean O'shea Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $2,219 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,622 |
| Total expenses | $24,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,238 |
| Other assets | $0 |
| Total assets | $67,238 |
| Total liabilities | $40,432 |
| Net assets or fund balances | $26,806 |