Afcea Educational Foundation, operating under the name Afcea Rmc Education Foundation, is located in Colorado Springs, CO. 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 Rmc Education 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 12/2023, Afcea Rmc Education Foundation generated $533.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $426.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Afcea Rmc Education Foundation has awarded 24 individual grants totaling $680,077. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER ANNUAL SCHOLARSHIPS AND GRANTS FOR STUDENTS AND TEACHERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCOMPLISHMENTS: IN 2023 THE AFCEA ROCKY MOUNTAIN CHAPTER CONTINUED TO MAKE SIGNIFICANT IMPACTS IN THE COLORADO FRONT RANGE REGION, CONTRIBUTING ALMOST 500,000 TO LOCAL STEM PROGRAMS AND EDUCATIONAL INITIATIVES. THIS WAS MADE POSSIBLE BY ANOTHER OUTSTANDING YEAR HOSTING THE ROCKY MOUNTAIN CYBERSPACE SYMPOSIUM, BRINGING TOGETHER INDUSTRY AND GOVERNMENT CYBER LEADERS FROM ACROSS THE NATION TO DISCUSS PROBLEMS AND SOLUTIONS TO MODERN CYBER CHALLENGES. PROCEEDS FROM THIS EVENT WERE USED TO SPONSOR SCHOLARSHIPS AT THE UNIVERSITY OF COLORADO-COLORADO SPRINGS, GOODWILL LIFT IT SCHOLARSHIPS, GRANTS TO OVER TWO DOZEN HIGH SCHOOL, MIDDLE SCHOOL AND ELEMENTARY SCHOOL TEACHERS, THE SCRIPP'S FOUNDATION "IF YOU GIVE A CHILD A BOOK PROGRAM", THE UCCS RURAL TEACHER GRANT & MATH CLINIC, LOCAL SCIENCE FAIR AWARDS, AND MANY OTHER STEM-RELATED ACTIVITIES ACROSS THE COMMUNITY. IN CONJUNCTION WITH THE SYMPOSIUM, WE ALSO HOSTED THE FIRST ANNUAL PIKES PEAK ROBOTICS SIGNATURE EVENT, HOSTING 64 HIGH SCHOOL ROBOTICS TEAMS. ADDITIONALLY, WE CONTINUED OUR EFFORTS TO PARTNER WITH OTHER LOCAL ORGANIZATIONS THROUGH JOINT ACTIVITIES WITH NDIA, AIAA, ISSA, AFA, AND THE COLORADO SPRINGS CHAMBER AND EDC, AND THE NATIONAL CYBERSECURITY CENTER, AND ONCE AGAIN COHOSTED THE IMAGE GOLF TOURNAMENT WITH NDIA AND AFA. WE ALSO CONTINUE TO HOST REGULAR (APPROXIMATELY MONTHLY) YOUNG-LEADERS GATHERING EVENTS TO PROMOTE AWARENESS OF THE CHAPTER AND ENCOURAGE PARTICIPATION IN OUR COMMUNITY SUPPORT EFFORTS. GOALS: IN 2024 THE CHAPTER WILL TAKE A DIFFERENT APPROACH TO MONTHLY MEETINGS. THE INTENT IS ON A QUARTERLY BASIS TO HOLD AN EDUCATION EVENT ONE MONTH, A MEMBER'S ONLY SOCIAL EVENT ONE MONTH, AND A NETWORKING/SPEAKING EVENT ONE MONTH. THE EMERGING LEADERS WILL ALSO HOLD SEVERAL EVENTS THROUGHOUT THE YEAR TO FURTHER INCREASE AFCEA MEMBERSHIP BY YOUNG PROFESSIONALS IN THE COMMUNITY. RMC WILL AGAIN COHOST THE IMAGE GOLF TOURNAMENT, AND IS THE POC FOR THIS YEAR'S JOINT HOLIDAY PARTY. RMCS24 IS SCHEDULED FOR 19-22 FEBRUARY 2024, AND WE EXPECT OVER 3500 ATTENDEES, 180 EXHIBITORS, AND 49 SPONSORS. IN CONJUNCTION WITH RMCS, THE SECOND ANNUAL PIKES PEAK ROBOTICS SIGNATURE EVENT WILL BE HELD AT THE BROADMOOR, AGAIN HOSTING 64 HIGH SCHOOL ROBOTICS TEAMS. THE CHAPTER PLANS TO DONATE 500,000 TO THE LOCAL COMMUNITY FOR STEM IN 2024 WITH THE MONIES EARNED DURING THESE EVENTS. WE ARE LOOKING TO INCREASE OUR SPEND ON TEACHER GRANTS, ESPECIALLY TO TITLE I SCHOOLS, AND FURTHER OUR PARTNERSHIPS WITH GOODWILL, UCCS, IF YOU GIVE A CHILD A BOOK AND PIKES PEAK ROBOTICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Janoso Treasurer | OfficerTrustee | 3.93 | $0 |
Vanessa Johnson President Em | OfficerTrustee | 1.16 | $0 |
Phil Parker Exec VP | OfficerTrustee | 2.31 | $0 |
Russ Fellers Vp, Educatio | OfficerTrustee | 5.77 | $0 |
Jason Simmons Vp, Symposiu | OfficerTrustee | 5 | $0 |
Brian Sroufe Vp, Awards | OfficerTrustee | 0.56 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $382,646 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $382,646 |
Total Program Service Revenue | $0 |
Investment income | $44,338 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $104,947 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $533,259 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $247,718 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $600 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $130 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $157 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $426,946 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $81,179 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $7,992,073 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,073,252 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $8,073,252 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,073,252 |
Over the last fiscal year, Afcea Educational Foundation has awarded $247,718 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
CALHAN HIGH SCHOOL PURPOSE: STEM EXPENSES | $5,200 |
CARSON MIDDLE SCHOOL PURPOSE: STEM EXPENSES | $5,978 |
COMMUNITY PARTNERSHIP FORCHILD DEVELOPMENT PURPOSE: STEM EXPENSES | $10,000 |
DISCOVERY CANYON CAMPUS PURPOSE: STEM EXPENSES | $9,154 |
MITCHELL HIGH SCHOOL PURPOSE: STEM EXPENSES | $5,872 |
GOODWILL OF COLORADOFOUNDATION PURPOSE: STEM EXPENSES | $50,000 |