Civic Intelligence

Air Force Historical Foundation

EIN 63-0334304 • 501(c)3 • Mechanicsville, MD

Pub. 78 Eligible

Profile

AVIATION EDUCATION, ETC.

PO Box 405Mechanicsville, MD 20659

afhistoricalfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,046,730

Down $152,772 (-13%) from 2024

Liabilities

Down

$6,452

Down $29,220 (-82%) from 2024

Net Assets

Down

$1,040,278

Down $123,552 (-11%) from 2024

Revenue

Down

$272,111

Down $51,216 (-16%) from 2024

Expenses

Up

$344,152

Up $40,589 (+13%) from 2024

Net Income

Down

-$72,041

Down $91,805 (-465%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $358,021Liabilities 2011: $32,774Net Assets 2011: $325,2472011Assets 2012: $220,934Liabilities 2012: $24,845Net Assets 2012: $196,0892012Assets 2013: $194,171Liabilities 2013: $30,093Net Assets 2013: $164,0782013Assets 2014: $149,079Liabilities 2014: $36,256Net Assets 2014: $112,8232014Assets 2015: $1,262,821Liabilities 2015: $27,431Net Assets 2015: $1,235,3902015Assets 2016: $1,154,492Liabilities 2016: $27,248Net Assets 2016: $1,127,2442016Assets 2017: $1,240,697Liabilities 2017: $34,443Net Assets 2017: $1,206,2542017Assets 2018: $1,285,237Liabilities 2018: $35,215Net Assets 2018: $1,250,0222018Assets 2019: $1,245,202Liabilities 2019: $33,576Net Assets 2019: $1,211,6262019Assets 2020: $1,268,366Liabilities 2020: $27,794Net Assets 2020: $1,240,5722020Assets 2021: $1,524,414Liabilities 2021: $40,701Net Assets 2021: $1,483,7132021Assets 2022: $1,320,167Liabilities 2022: $37,391Net Assets 2022: $1,282,7762022Assets 2023: $1,077,740Liabilities 2023: $23,915Net Assets 2023: $1,053,8252023Assets 2024: $1,199,502Liabilities 2024: $35,672Net Assets 2024: $1,163,8302024Assets 2025: $1,046,730Liabilities 2025: $6,452Net Assets 2025: $1,040,2782025

Highlighted filing

2025

Assets$1,046,730
Liabilities$6,452
Net Assets$1,040,278

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $202,7122011Revenue 2012: $108,836Expenses 2012: $188,443Net Income 2012: -$79,6072012Expenses 2013: $110,4472013Revenue 2014: $121,706Expenses 2014: $159,958Net Income 2014: -$38,2522014Revenue 2015: $1,358,678Expenses 2015: $199,955Net Income 2015: $1,158,7232015Revenue 2016: $103,675Expenses 2016: $213,695Net Income 2016: -$110,0202016Revenue 2017: $166,593Expenses 2017: $183,098Net Income 2017: -$16,5052017Revenue 2018: $150,382Expenses 2018: $200,161Net Income 2018: -$49,7792018Revenue 2019: $121,178Expenses 2019: $189,927Net Income 2019: -$68,7492019Revenue 2020: $153,770Expenses 2020: $196,412Net Income 2020: -$42,6422020Revenue 2021: $155,650Expenses 2021: $183,610Net Income 2021: -$27,9602021Revenue 2022: $187,018Expenses 2022: $226,931Net Income 2022: -$39,9132022Revenue 2023: $188,834Expenses 2023: $328,086Net Income 2023: -$139,2522023Revenue 2024: $323,327Expenses 2024: $303,563Net Income 2024: $19,7642024Revenue 2025: $272,111Expenses 2025: $344,152Net Income 2025: -$72,0412025

Highlighted filing

2025

Revenue$272,111
Expenses$344,152
Net Income-$72,041

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.01$1.04$0.27$0.34$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.04$1.16$0.32$0.30$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.02$1.05$0.19$0.33$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.04$1.28$0.19$0.23$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.52$0.04$1.48$0.16$0.18$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.03$1.24$0.15$0.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.21$0.12$0.19$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.04$1.25$0.15$0.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.03$1.21$0.17$0.18$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.13$0.10$0.21$0.11
2015Summary only. Only limited summary data is available for this year.$1.26$0.03$1.24$1.36$0.20$1.16
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.04$0.11$0.12$0.16$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.03$0.16$0.11
2012Summary only. Only limited summary data is available for this year.$0.22$0.02$0.20$0.11$0.19$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.03$0.33$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$433,678
Mission and Program Overview

Mission

AVIATION EDUCATION, ETC.

Preservation of the history of the United States Air Force.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,036,208$1,026,228▼ $9,980
Savings and Temporary Cash Investments$129,884$17,362▼ $112,522
Prepaid Expenses and Deferred Charges$19,934$1,751▼ $18,183
Intangible Assets$13,356$1,277▼ $12,079
Cash and Non-Interest-Bearing Accounts$120$0▼ $120
Inventories for Sale or Use-$112-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Total Assets$1,199,502$1,046,730▼ $152,772
Other Assets Total-$0-
Liabilities
Deferred Revenue$26,482$5,454▼ $21,028
Accounts Payable and Accrued Expenses$9,190$998▼ $8,192
Total Liabilities$35,672$6,452▼ $29,220
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,163,830$1,040,278▼ $123,552
Total Net Assets Fund Balance$1,163,830$1,040,278▼ $123,552
Total Liabilities and Net Assets / Fund Balance$1,199,502$1,046,730▼ $152,772

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,443$1,443
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dik A DasoExecutive DirectorFT$75,000$75,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,382
Program Service Revenue
$32,392
Investment Income
$139,337
Other Revenue
$0
All Other Contributions
$41,170
Change in Net Assets
$-72,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,432
Salaries, Compensation, and Employee Benefits$156,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$67,500$7,500-$75,000
Other Salaries and Wages$63,526$7,058-$70,584
Occupancy$14,949$1,661-$16,610
Depreciation Depletion$10,871$1,208-$12,079
Payroll Taxes$10,022$1,114-$11,136
Fees for Services Accounting$8,010$890-$8,900
All Other Expenses$7,670$853-$8,523
Information Technology$4,354$484-$4,838
Other Expenses$2,317$257-$2,574
Insurance$1,895$210-$2,105
Advertising$507$56-$563
Office Expenses$384$43-$427
Total Functional Expenses$309,736$34,416$0$344,152
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Independent CPA prepares compilation financial statements and prepares the 990. Independent CPA provides the 990 and compilation financial statements to the organization. The treasurer, with assistance from the finance committee and the executive director, reviews the 990 and compilation financial statements before filing. Any questions or concerns are addressed to the independent CPA for resolution before the 990 is filed.

Form 990, Part VI, Section B, Line 15A

The Board of Directors discuss the job performance and competency of the executive director at least annually. Compensation is adjusted as necessary to remain in the range offered by other such comparable organizations.

Form 990, Part VI, Section C, Line 19

Organization keeps a copy of the exemption letter from the Internal Revenue Service available for public inspection at its headquarters. Organization also keeps a copy of the most recent three years of Forms 990 available for public inspection at its headquarters.

Filing and Contact Details

Filer

Filer Name
Air Force Historical Foundation
EIN
63-0334304
Phone
3017361959
Address
PO Box 405, Mechanicsville, MD 20659

Signing Officer

Name
Dik A Daso
Title
Executive Director
Phone
3017361959
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dik A Daso
Formed
1998
Legal Domicile
Md
Voting Board Members
14
Independent Board Members
14
Employees
2

Preparer

Firm
Joseph Bossert CPA Company Chartered
Address
11401 Baumann Court, Dunkirk, MD 20754
Preparer
Joseph Bossert CPA
Phone
8668651040
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