Civic Intelligence

The Academy Research and Development Institute

990 • Fiscal year 2022 • EIN 74-2378230

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 15, 2023

720 Walsen RoadColorado Springs, CO 80921

(719) 599-1370

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

20th percentile

0.08x

Higher debt load relative to revenue than 20% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

95th percentile

71%

Higher net margin than 95% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

35th percentile

$198,000

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

19th percentile

-10%

Faster asset growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

47%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$40,306,897

Down $4,578,293 (-10%) from 2021

Net Assets

Down

$39,543,446

Down $5,339,444 (-12%) from 2021

Liabilities

Up

$763,451

Up $761,151 (+33094%) from 2021

Revenue

Up

$9,299,403

Up $2,981,683 (+47%) from 2021

Expenses

Up

$2,710,625

Up $797,749 (+42%) from 2021

Net Income

Up

$6,588,778

Up $2,183,934 (+50%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $22,893,653Liabilities 2011: $70,344Net Assets 2011: $22,823,3092011Assets 2012: $25,209,821Liabilities 2012: $70,482Net Assets 2012: $25,139,3392012Assets 2013: $28,131,727Liabilities 2013: $67,506Net Assets 2013: $28,064,2212013Assets 2014: $32,379,198Liabilities 2014: $70,678Net Assets 2014: $32,308,5202014Assets 2015: $30,984,692Liabilities 2015: $78,854Net Assets 2015: $30,905,8382015Assets 2016: $32,757,174Liabilities 2016: $7,465Net Assets 2016: $32,749,7092016Assets 2017: $33,710,373Liabilities 2017: $8,212Net Assets 2017: $33,702,1612017Assets 2018: $36,456,685Liabilities 2018: $12,294Net Assets 2018: $36,444,3912018Assets 2019: $35,655,299Liabilities 2019: $10,769Net Assets 2019: $35,644,5302019Assets 2020: $32,705,477Liabilities 2020: $2,069Net Assets 2020: $32,703,4082020Assets 2021: $44,885,190Liabilities 2021: $2,300Net Assets 2021: $44,882,8902021Assets 2022: $40,306,897Liabilities 2022: $763,451Net Assets 2022: $39,543,4462022Assets 2023: $44,203,625Liabilities 2023: $19,174Net Assets 2023: $44,184,4512023Assets 2024: $50,657,188Liabilities 2024: $20,462Net Assets 2024: $50,636,7262024Assets 2025: $56,457,172Liabilities 2025: $31,080Net Assets 2025: $56,426,0922025

Highlighted filing

2022

Assets$40,306,897
Liabilities$763,451
Net Assets$39,543,446

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,875,159Expenses 2011: $788,248Net Income 2011: $2,086,9112011Revenue 2012: $3,161,720Expenses 2012: $845,690Net Income 2012: $2,316,0302012Revenue 2013: $3,751,593Expenses 2013: $826,711Net Income 2013: $2,924,8822013Revenue 2014: $5,019,659Expenses 2014: $775,360Net Income 2014: $4,244,2992014Revenue 2015: -$535,197Expenses 2015: $867,485Net Income 2015: -$1,402,6822015Revenue 2016: $2,744,748Expenses 2016: $900,877Net Income 2016: $1,843,8712016Revenue 2017: $1,962,275Expenses 2017: $1,009,823Net Income 2017: $952,4522017Revenue 2018: $3,789,305Expenses 2018: $1,047,075Net Income 2018: $2,742,2302018Revenue 2019: $1,150,674Expenses 2019: $1,629,137Net Income 2019: -$478,4632019Revenue 2020: $2,792,544Expenses 2020: $1,547,491Net Income 2020: $1,245,0532020Revenue 2021: $6,317,720Expenses 2021: $1,912,876Net Income 2021: $4,404,8442021Revenue 2022: $9,299,403Expenses 2022: $2,710,625Net Income 2022: $6,588,7782022Revenue 2023: -$1,003,542Expenses 2023: $2,102,200Net Income 2023: -$3,105,7422023Revenue 2024: $5,309,684Expenses 2024: $2,411,302Net Income 2024: $2,898,3822024Revenue 2025: $4,198,912Expenses 2025: $2,464,893Net Income 2025: $1,734,0192025

Highlighted filing

2022

Revenue$9,299,403
Expenses$2,710,625
Net Income$6,588,778
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 15, 2023
Return Version
2021v4.2
Gross Receipts
$16,366,621
Mission and Program Overview

Mission

ARDI stewards donated endowments to sustain future American air and space power, enhancing faculty quality and cadet education at the United States Air Force Academy.

Ardi fortifies academic distinction at the usafa through perpetually endowed academic chairs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$35,701,810$36,025,070▲ $323,260
Savings and Temporary Cash Investments$3,859,976$2,699,048▼ $1,160,928
Investments Other Securities$3,571,218$1,321,088▼ $2,250,130
Other Notes and Loans Receivable, Net$1,000,000--
Cash and Non-Interest-Bearing Accounts$684,782$236,722▼ $448,060
Prepaid Expenses and Deferred Charges$1,649$20,621▲ $18,972
Accounts Receivable$65,755$4,348▼ $61,407
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$44,885,190$40,306,897▼ $4,578,293
Liabilities
Other Liabilities-$746,307-
Accounts Payable and Accrued Expenses$2,300$17,144▲ $14,844
Total Liabilities$2,300$763,451▲ $761,151
Net Assets / Fund Balance
Net Assets With Donor Restrictions$32,768,950$38,818,471▲ $6,049,521
Net Assets Without Donor Restrictions$12,113,940$724,975▼ $11,388,965
Total Net Assets Fund Balance$44,882,890$39,543,446▼ $5,339,444
Total Liabilities and Net Assets / Fund Balance$44,885,190$40,306,897▼ $4,578,293

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$3,900$3,900
Equipment$0$2,520$2,520

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$25,280,790-▲ $10,744,279-$36,025,069
2020$23,568,474-▲ $1,712,316-$25,280,790
2019$23,022,732-▲ $545,742-$23,568,474
2018$22,320,913-▲ $701,819-$23,022,732
2017$21,867,120-▲ $453,793-$22,320,913
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dana MontgomeryDirector/VPFT$115,819$7,699$123,518
Terry ErdleVice ChairmanPT-$102,000$102,000

Board Members and Trustees

NameTitle
Michael ErdleChairman
Bob EdmondsDirector
Chris MillerDirector
Jack CattonDirector
Rick PyattDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$350,000
Program Service Revenue
$0
Investment Income
$8,949,403
Other Revenue
$0
All Other Contributions
$40,000
Change in Net Assets
$6,588,778

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,299,403
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-11,609,654
Total Revenue per Audited Statements
$-2,310,251
Total Revenue per Form 990
$9,299,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,399,995
Salaries, Compensation, and Employee Benefits$310,630
Total Fundraising Expense$71,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,301,417$763,096-$2,064,513
Fees for Service Investment Mgmnt Fees$209,695--$209,695
Other Salaries and Wages$116,993-$20,646$137,639
Current Officers, Directors, Trustees, and Key Employees$113,559-$20,040$133,599
Fees for Services Accounting$45,800--$45,800
Office Expenses-$42,060-$42,060
Payroll Taxes$21,619-$3,815$25,434
Travel--$24,681$24,681
Other Employee Benefits$11,864-$2,094$13,958
Insurance-$6,598-$6,598
Other Expenses-$3,710$346$4,056
Advertising-$2,592-$2,592
Total Functional Expenses$1,820,947$818,056$71,622$2,710,625

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,029,193
Expenses per Audited Statements$2,710,625
Total Expenses per Form 990$2,710,625
Expenses Not Reported on Form 990$318,568
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Michael erdle, chairman and president of the organization is the brother of terry j. Erdle directors and board member of the organization.

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

The organization reviews the 990 with the members of the board and maangement prior to filing.

Form 990, Part VI, Section B, Line 12C

The governing board is required to review and sign an annual update to the conflict of interest policy. Staff conduct the oversight and monitoring of the board conflict of interest annual updates.

Form 990, Part VI, Section B, Line 15

The board reviews and approves compensation annually.

Form 990, Part VI, Section C, Line 19

Governing copies are provided upon request.

Filing and Contact Details

Filer

Filer Name
Academy Research and Development
EIN
74-2378230
Phone
7195991370
Address
720 WALSEN ROAD, COLORADO SPRINGS, CO 80921

Signing Officer

Name
Michael Erdle
Title
Chairman
Phone
7195991370
Signed
2023-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Erdle
Formed
1984
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
4
Employees
3
Volunteers
0

Preparer

Firm
Erickson Brown and Kloster LLC
Address
4565 HILTON PARKWAY SUITE 101, COLORADO SPRINGS, CO 80907
Preparer
Mitchell Downs CPA
Phone
7195310445
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professors-usafa: program service expenses 1,301,417. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,301,417. Provision for income tax: program service expenses 0. Management and general expenses 763,096. Fundraising expenses 0. Total expenses 763,096.

Financial Statement Notes

PART X, LINE 2:

Management believes that based on evaluation of its tax position, any liability because of uncertain tax positions would not be material. Management continually evaluates expiring statutes of limitations, changes in the tax laws, and new authoritative rulings to assist in evaluating its tax position. Accrued interest and penalties associated with uncertain tax positions, if any would be recognized as part of the income tax position.

Raw XML AppendixShowing 400 of 488 raw XML fields

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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03815
IRS990/PayrollTaxesGrp/ProgramServicesAmt021619
IRS990/PayrollTaxesGrp/TotalAmt025434
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01649
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020621
IRS990/PrincipalOfficerNm0MICHAEL ERDLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0239521
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05862207
IRS990/PYOtherExpensesAmt01537963
IRS990/PYOtherRevenueAmt0215992
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04404844
IRS990/PYSalariesCompEmpBnftPaidAmt0374913
IRS990/PYTotalExpensesAmt01912876
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06317720
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06588778
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0310000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03859976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02699048
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0238521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0249299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0431726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0722732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01992278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0718664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0763320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0757561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0806851
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0814900
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03861296
IRS990ScheduleA/PublicSupportCY170Pct00.22400
IRS990ScheduleA/PublicSupportPY170Pct00.39320
IRS990ScheduleA/PublicSupportTotal170Amt01992278
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0350000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0238521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0249299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0431726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0722732
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01992278
IRS990ScheduleA/TotalSupportAmt08892756
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt02963194
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt075988
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt03039182
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt025280790
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt036025069
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt010744279
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt023568474
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt025280790
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01712316
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt023022732
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt023568474
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0545742
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt022320913
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt023022732
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0701819
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt021867120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt022320913
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0453793
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0318568
IRS990ScheduleD/DonatedServicesUseFcltsAmt0318568
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02520
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02520
IRS990ScheduleD/ExpensesNotReportedAmt0318568
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02710625
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt0746307
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-11928222
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03900
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03900
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93000
IRS990ScheduleD/RevenueNotReportedAmt0-11609654
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09299403
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT BASED ON EVALUATION OF ITS TAX POSITION, ANY LIABILITY BECAUSE OF UNCERTAIN TAX POSITIONS WOULD NOT BE MATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN THE TAX LAWS, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING ITS TAX POSITION. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY WOULD BE RECOGNIZED AS PART OF THE INCOME TAX POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02710625
IRS990ScheduleD/TotalLiabilityAmt0746307
IRS990ScheduleD/TotalRevenuePerForm990Amt09299403
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-2310251
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03029193
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0198000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL ERDLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0198000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL ERDLE, CHAIRMAN AND PRESIDENT OF THE ORGANIZATION IS THE BROTHER OF TERRY J. ERDLE DIRECTORS AND BOARD MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE 990 WITH THE MEMBERS OF THE BOARD AND MAANGEMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BOARD IS REQUIRED TO REVIEW AND SIGN AN ANNUAL UPDATE TO THE CONFLICT OF INTEREST POLICY. STAFF CONDUCT THE OVERSIGHT AND MONITORING OF THE BOARD CONFLICT OF INTEREST ANNUAL UPDATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS AND APPROVES COMPENSATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING COPIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSORS-USAFA: PROGRAM SERVICE EXPENSES 1,301,417. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,301,417. PROVISION FOR INCOME TAX: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 763,096. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 763,096.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTERNATIONAL EDUCATION FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0841046083
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011490 GARDEN OF THE GODS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COLORADO SPRINGS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080907
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$56.5$0.03$56.4$4.20$2.46$1.73
2024Detailed filing. Detailed filing data is available for this year.$50.7$0.02$50.6$5.31$2.41$2.90
2023Detailed filing. Detailed filing data is available for this year.$44.2$0.02$44.2$1.00$2.10$3.11
2022Detailed filing. Detailed filing data is available for this year.$40.3$0.76$39.5$9.30$2.71$6.59
2021Detailed filing. Detailed filing data is available for this year.$44.9$0.00$44.9$6.32$1.91$4.40
2020Summary only. Only limited summary data is available for this year.$32.7$0.00$32.7$2.79$1.55$1.25
2019Summary only. Only limited summary data is available for this year.$35.7$0.01$35.6$1.15$1.63$0.48
2018Detailed filing. Detailed filing data is available for this year.$36.5$0.01$36.4$3.79$1.05$2.74
2017Detailed filing. Detailed filing data is available for this year.$33.7$0.01$33.7$1.96$1.01$0.95
2016Summary only. Only limited summary data is available for this year.$32.8$0.01$32.7$2.74$0.90$1.84
2015Summary only. Only limited summary data is available for this year.$31.0$0.08$30.9$0.54$0.87$1.40
2014Summary only. Only limited summary data is available for this year.$32.4$0.07$32.3$5.02$0.78$4.24
2013Summary only. Only limited summary data is available for this year.$28.1$0.07$28.1$3.75$0.83$2.92
2012Summary only. Only limited summary data is available for this year.$25.2$0.07$25.1$3.16$0.85$2.32
2011Summary only. Only limited summary data is available for this year.$22.9$0.07$22.8$2.88$0.79$2.09