Liabilities / Assets
64th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Assets
Down$29,836
Down $1,419 (-4.5%) from 2022
Net Assets
-
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue
Down$78
Down $52 (-40%) from 2022
Expenses
Down$1,497
Down $5 (-0.3%) from 2022
Net Income
Down-$1,419
Down $47 (-3.4%) from 2022
This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
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.
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Displayed year
2023 • Form 990EZSummary only. Only limited summary data is available for this year.