Afcea Educational Foundation is located in Dayton, OH. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Afcea Educational Foundation 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 12/2022, Afcea Educational Foundation generated $30.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $32.8k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO INSTITUTIONS WHICH PROMOTE AND FOSTER THE EDUCATION OF NEW GENERATIONS OF SCIENTISTS, ENGINEERS, AND OTHER CAREER FIELDS WHICH BENEFITS THE DEPARTMENT OF DEFENSE. THE ORGANIZATION GRANTED FUNDS TO EDUCATIONAL ORGANIZATIONS, SUCH AS COLLEGES AND UNIVERSITIES DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Sciabica Board Chairman | 1 | $0 | |
Yvonne Vermillion President | 1 | $0 | |
John Garrity Board Treasurer | 1 | $0 | |
Jackie Gamblin Board Member | 1 | $0 | |
Dennis Drayer Board Member | 1 | $0 | |
Dr Harold Arata Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $20,000 |
Interest on Savings | $0 |
Dividends & Interest | $10,335 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $30,335 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $7,428 |
Contributions, gifts, grants paid | $25,340 |
Total expenses and disbursements | $32,768 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $509,699 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $509,699 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Afcea Educational Foundation has awarded $25,340 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
MIAMI UNIVERSITY PURPOSE: EDUCATION | $1,500 |
THE OHIO STATE UNIVERSITY PURPOSE: EDUCATION | $4,500 |
UNIVERSITY OF CINCINNATI PURPOSE: EDUCATION | $1,500 |
WRIGHT STATE UNIVERSITY PURPOSE: EDUCATION | $10,500 |
BELLBROOK MIDDLE SCHOOL PURPOSE: EDUCATION | $503 |
MIAMISBURG CITY SCHOOL DISTRICT PURPOSE: EDUCATION | $498 |