Air Force Academy Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 10/1958
- Data as of
- 12/2021
- EIN
- 84-0500327
Organization Overview
Air Force Academy Foundation Inc is located in Colorado Springs, CO. The organization was established in 1958. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Force Academy Foundation Inc 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 12/2021, Air Force Academy Foundation Inc generated $65.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $115.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE AIR FORCE ACADEMY WITH FACILITIES THAT COULD NOT BE FUNDED WITH APPROPRIATED MONEY.PROVIDES SUPPORT TO THE FRIENDS OF THE LIBRAY AND AIR FORCE ACADEMY ATHLETIC CEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Hybl Chairman | 1 | $0 | |
David J Palenchar President | 1 | $0 | |
William B Tutt Vice Pres | 1 | $0 | |
Richard Schlosberg Vice Pres | 1 | $0 | |
William J Hybl Jr Vice Pres | 1 | $0 | |
R Thayer Tutt Jr Sec Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,765 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6 |
| Total Revenue | $65,771 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,885 |
| Professional fees and other payments to independent contractors | $1,471 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $305 |
| Other expenses | $6,117 |
| Total expenses | $115,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |