Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Up$11,055
Up $2,662 (+32%) from 2011
Net Assets
Up$10,588
Up $2,320 (+28%) from 2011
Liabilities
Up$467
Up $342 (+274%) from 2011
Revenue
Up$12,067
Up $1,114 (+10%) from 2011
Expenses
Up$9,747
Up $1,850 (+23%) from 2011
Net Income
Down$2,320
Down $736 (-24%) from 2011
Falconworks acts as an "innovation hub" by bringing together community needs, design and development capabilities at the u.s. Air force academy, and financing from the public and corporate sponsors. Falconworks actively solicits projects in the colorado springs area that require scientific or engineering design work. Falconworks solicits general funds from the public and specific project financing from corporate sponsors in an effort to make prototypes available to end users. Falconworks then arranges student-led teams (with faculty oversight) at the u.s air force academy to design and develop the products. Any required materials are paid for with funds raised by falconworks. In exchange for providing the design and development labor, students at the u.s. Air force academy get to participate in real life projects that benefit the community.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 8393 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 11055 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 750 |
| IRS990EZ/CostOfGoodsSold | 0 | 0 |
| IRS990EZ/CostOtherBasisAndSalesExpenses | 0 | 0 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngageInLobbyingActivities | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 2320 |
| IRS990EZ/FiledScheduleA | 0 | true |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/Form720Filed | 0 | false |
| IRS990EZ/FundraisingGrossIncome | 0 | 5580 |
| IRS990EZ/GrossReceipts | 0 | 16330 |
| IRS990EZ/GrossReceiptsForPublicUse | 0 | 0 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartV | 0 | X |
| IRS990EZ/InitiationFeesAndCapitalContri | 0 | 0 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MethodOfAccountingCash | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 8268 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 8268 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 10588 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 10588 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | SCOTT REA |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | GREG MCGREW |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | KIRBY PHILLIPS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | DR ROGER P NEELAND |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | DR MICHAEL WILCOX |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 5 | TIMOTHY WORRALL JD PhD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | DIRECTOR / SEC |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | VICE CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | CHAIRMAN / TRSR |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | President |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 5 | Director |
| IRS990EZ/OperatingSchool | 0 | false |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationFiled990T | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherExpensesTotal | 0 | 9747 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | FALCONWORKS ACTS AS AN "INNOVATION HUB" BY BRINGING TOGETHER COMMUNITY NEEDS, DESIGN AND DEVELOPMENT CAPABILITIES AT THE U.S. AIR FORCE ACADEMY, AND FINANCING FROM THE PUBLIC AND CORPORATE SPONSORS. FALCONWORKS ACTIVELY SOLICITS PROJECTS IN THE COLORADO SPRINGS AREA THAT REQUIRE SCIENTIFIC OR ENGINEERING DESIGN WORK. FALCONWORKS SOLICITS GENERAL FUNDS FROM THE PUBLIC AND SPECIFIC PROJECT FINANCING FROM CORPORATE SPONSORS IN AN EFFORT TO MAKE PROTOTYPES AVAILABLE TO END USERS. FALCONWORKS THEN ARRANGES STUDENT-LED TEAMS (WITH FACULTY OVERSIGHT) AT THE U.S AIR FORCE ACADEMY TO DESIGN AND DEVELOP THE PRODUCTS. ANY REQUIRED MATERIALS ARE PAID FOR WITH FUNDS RAISED BY FALCONWORKS. IN EXCHANGE FOR PROVIDING THE DESIGN AND DEVELOPMENT LABOR, STUDENTS AT THE U.S. AIR FORCE ACADEMY GET TO PARTICIPATE IN REAL LIFE PROJECTS THAT BENEFIT THE COMMUNITY. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | THE PROJECTS FOR 2007, 2008, 2009, 2010, 2011 AND 2012 WERE:INITIATED IN 2012: NEUMIMIC IS A PHYSICAL THERAPY SYSTEM BEING DEVELOPED BY US AIR FORCE ACADEMY CADETS WHICH HELPS PATIENTS WITH CHRONIC LOSS OF LIMB MOTION--SUCH AS WITH STROKE VICTIMS. THE SPECIALLY DESIGNED SOFTWARE AND MULTI-DIRECTIONAL ARM BRACE WORK IN CONJUNCTION WITH MICROSOFT XBOX KINECT TO ALLOW PATIENTS TO COMPARE ACTUAL MOTIONS WITH DESIRED MOTIONS ON THE DISPLAY. INTERACTIVE HAND/WRIST THERAPY SYSTEM ("MANIPULUS") WHICH DEVELOPED A TABLE-MOUNTABLE THERAPEUTIC "JOYSTICK" THAT CONTROLS VIDEO GAMES; THE UNIVERSAL BASE WOULD HOUSE "SNAP IN" ATTACHMENTS THAT SIMULATE THE MOST COMMON HAND/WRIST MOTIONS.SENSOR-ENHANCED BALANCING PLATFORM ("THERABALANCE") DEVELOPED A PORTABLE, ELECTRO-MECHANICAL, BALL-JOINT SYSTEM WITH ADVANCED SENSORS AND DISPLAYS; THE PLATFORM WILL OPERATE IN 3 DIRECTIONAL MODES (FRONT-BACK, SIDE-SIDE, AND FREE-PLAY). THIS ADDRESSED THE NEED FOR COMMERCIALLY-AVAILABLE LOW-END DEVICES WITH QUANTITATIVE ANALYSIS CAPABILITY.INITIATED IN 2009 AND CONTINUED THROUGH 2012: EXOGRIP IS DEVELOPING A LIGHT-WEIGHT, WEARABLE, COMPUTER-ENHANCED ARM/HAND EXOSKELETON TO PROVIDE STRENGTH ASSISTANCE TO INDIVIDUALS WITH LIMITED HAND STRENGTH. |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 0 | 9540 |
| IRS990EZ/ProgramServiceRevenue | 0 | 10000 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/RelatedOrgSection527Org | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 4263 |
| IRS990EZ/SpecialEventsNetIncomeLoss | 0 | 1317 |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 125 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 467 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 3595 E FOUNTAIN BLVD STE B2 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | COLORADO SPRINGS |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | CO |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 80910 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | DR ROGER NEELAND |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 7196857877 |
| IRS990EZ/TotalAssets/BOY | 0 | 8393 |
| IRS990EZ/TotalAssets/EOY | 0 | 11055 |
| IRS990EZ/TotalExpenses | 0 | 9747 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 9540 |
| IRS990EZ/TotalRevenue | 0 | 12067 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | false |
| IRS990EZ/WebSite | 0 | WWW.FALCONWORKS.ORG |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear | 0 | 750 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year | 0 | 1124 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years | 0 | 2395 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years | 0 | 16933 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years | 0 | 14997 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/Total | 0 | 36199 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 1 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear | 0 | 10000 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year | 0 | 7962 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years | 0 | 8000 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years | 0 | 8000 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years | 0 | 24000 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 57962 |
| IRS990ScheduleA/GrossReceiptsFromNonUBI/Total | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years | 0 | 1 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 1 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBI/Total | 0 | 0 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYear | 0 | 1317 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year | 0 | 1927 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years | 0 | 438 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years | 0 | -1811 |
| IRS990ScheduleA/OtherIncome509/Total | 0 | 1871 |
| IRS990ScheduleA/Post1975UBTI/Total | 0 | 0 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.97930 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.00010 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.98050 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 94161 |
| IRS990ScheduleA/TaxRevLeviedForOrgBenefit509/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
| IRS990ScheduleA/Total509/CurrentTaxYear | 0 | 10750 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year | 0 | 9086 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years | 0 | 10395 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years | 0 | 24933 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 38997 |
| IRS990ScheduleA/Total509/Total | 0 | 94161 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear | 0 | 12067 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year | 0 | 11013 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years | 0 | 10395 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years | 0 | 25371 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years | 0 | 37187 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 96033 |
| IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | CREDIT CARD LIABILITIES - Beginning $125 CREDIT CARD LIABILITIES - Ending $467 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | REGISTRATION FEES $10 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | MEALS $64 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | OTHER COSTS $72 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | TELEPHONE $82 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | MEETING EXPENSES $194 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | DONATED ACCOUNTING FEES $250 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | ACCOUNTING FEES $560 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | WEB HOSTING $700 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 9 | FACIILITIES SUPPORT $2200 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 10 | PROJECT MATERIALS $5615 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990-EZ, Part II, Line 26.1 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990-EZ, Part I, Line 16.10 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990-EZ, Part I, Line 16.9 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990-EZ, Part I, Line 16.8 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | Form 990-EZ, Part I, Line 16.7 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | Form 990-EZ, Part I, Line 16.6 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | Form 990-EZ, Part I, Line 16.5 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | Form 990-EZ, Part I, Line 16.4 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 8 | Form 990-EZ, Part I, Line 16.3 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 9 | Form 990-EZ, Part I, Line 16.2 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 10 | Form 990-EZ, Part I, Line 16.1 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Total Liabilities.1 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Other Expenses.10 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Other Expenses.9 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Other Expenses.8 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | Other Expenses.7 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | Other Expenses.6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | Other Expenses.5 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | Other Expenses.4 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | Other Expenses.3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 9 | Other Expenses.2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 10 | Other Expenses.1 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/Filer/EIN | 0 | 201351869 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | FALCONWORKS |
| ReturnHeader/Filer/NameControl | 0 | FALC |
| ReturnHeader/Filer/Phone | 0 | 7196857877 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 3595 EAST FOUNTAIN BLVD |
| ReturnHeader/Filer/USAddress/City | 0 | COLORADO SPRINGS |
| ReturnHeader/Filer/USAddress/State | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 80910 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2013-05-09 |
| ReturnHeader/Officer/Name | 0 | DR ROGER P NEELAND |
| ReturnHeader/Officer/Title | 0 | DIRECTOR/ TREAS |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | MAP CPAS LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1227 LAKE PLAZA DR STE D |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | COLORADO SPRINGS |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | CO |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 809067402 |
| ReturnHeader/Preparer/Name | 0 | MARK PATTERSON |
| ReturnHeader/Preparer/Phone | 0 | 7196857910 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-05-10T09:18:54-07:00 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.