Air Force Academy Spouses Club
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Usaf Academy, CO
- Founding
- 01/1961
- Data as of
- 05/2024
- EIN
- 84-0766419
Organization Overview
Air Force Academy Spouses Club is located in Usaf Academy, CO. The organization was established in 1961. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Force Academy Spouses Club 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 05/2024, Air Force Academy Spouses Club generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $55.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A SERVICE AND PROMOTE A PROFITABLE OPERATION WITH THE PROCEEDS FROM THE OPERATION TO FUND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine Maguire President | 0 | $0 | |
Amy Clark Honorary Pre | 0 | $0 | |
Melissa Umholtz Welfare Trea | 0 | $0 | |
Robin Warner Advisor | 0 | $0 | |
Sarah Husemann Advisor | 0 | $0 | |
Deborah Marks Advisor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,968 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,545 |
| Professional fees and other payments to independent contractors | $8,135 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $124 |
| Other expenses | $13,634 |
| Total expenses | $55,675 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,749 |
| Other assets | $0 |
| Total assets | $43,070 |
| Total liabilities | $913 |
| Net assets or fund balances | $42,157 |