Civic Intelligence

Avixa Foundation Inc.

990 • Fiscal year 2023 • EIN 83-2521416

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 03, 2024

11242 Waples Mill Road Suite 200Fairfax, VA 22030

(202) 344-4790

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

1.42x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

86th percentile

37%

Higher net margin than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$433,582

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 487.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

72nd percentile

16%

Faster asset growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

127%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,611,871

Up $222,547 (+16%) from 2022

Net Assets

Up

$1,485,375

Up $176,262 (+13%) from 2022

Liabilities

Up

$126,496

Up $46,285 (+58%) from 2022

Revenue

Up

$88,891

Up $49,769 (+127%) from 2022

Expenses

Up

$55,688

Up $19,709 (+55%) from 2022

Net Income

Up

$33,203

Up $30,060 (+956%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $1,668,131Liabilities 2020: $245,415Net Assets 2020: $1,422,7162020Assets 2021: $1,612,871Liabilities 2021: $53,693Net Assets 2021: $1,559,1782021Assets 2022: $1,389,324Liabilities 2022: $80,211Net Assets 2022: $1,309,1132022Assets 2023: $1,611,871Liabilities 2023: $126,496Net Assets 2023: $1,485,3752023Assets 2024: $1,775,449Liabilities 2024: $0Net Assets 2024: $1,775,4492024

Highlighted filing

2023

Assets$1,611,871
Liabilities$126,496
Net Assets$1,485,375

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $82,465Expenses 2020: $191,762Net Income 2020: -$109,2972020Revenue 2021: $56,045Expenses 2021: $41,067Net Income 2021: $14,9782021Revenue 2022: $39,122Expenses 2022: $35,979Net Income 2022: $3,1432022Revenue 2023: $88,891Expenses 2023: $55,688Net Income 2023: $33,2032023Revenue 2024: $245,523Expenses 2024: $29,732Net Income 2024: $215,7912024

Highlighted filing

2023

Revenue$88,891
Expenses$55,688
Net Income$33,203
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 3, 2024
Return Version
2023v5.1
Gross Receipts
$359,417
Mission and Program Overview

Mission

The foundation's mission is to educate, inform, and train current and future av professionals and to support new and expanded roles for av professionals.

Avixa foundation, inc. Is chartered to support and improve the audiovisual communications industry through education and research. Primary activities include workforce development and scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,373,540$1,591,078▲ $217,538
Cash and Non-Interest-Bearing Accounts$15,615$20,615▲ $5,000
Investments Other Securities$169$178▲ $9
Total Assets$1,389,324$1,611,871▲ $222,547
Liabilities
Other Liabilities$80,211$126,496▲ $46,285
Total Liabilities$80,211$126,496▲ $46,285
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,169,567$1,354,421▲ $184,854
Net Assets Without Donor Restrictions$139,546$130,954▼ $8,592
Total Net Assets Fund Balance$1,309,113$1,485,375▲ $176,262
Total Liabilities and Net Assets / Fund Balance$1,389,324$1,611,871▲ $222,547

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,146,515$10,000▲ $217,538-$1,331,369
2022$1,399,517$7,500▼ $226,056-$1,146,515
2021$1,251,034-▲ $172,511-$1,399,517
2020-$1,093,395▲ $163,835-$1,251,034
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cristiano MazzaPresident
Althea RickettsDirector
Chris FitzpatrickDirector
Dorothy Di StefanoDirector
Jack LaidlawDirector
Kaushik MukhopadhyayDirector
Virginia WuDirector
Sarah JoyceExecutive Director
Jatan ShahOutgoing Director
Mradul SharmaOutgoing Director
Gregory FeehanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$0
Investment Income
$78,882
Other Revenue
$9
All Other Contributions
$10,000
Change in Net Assets
$33,203

Audited Revenue Reconciliation

Revenue per Audited Statements
$84,488
Revenue Not Reported on Financial Statements
$4,403
Revenue Not Reported on Form 990
$69,782,112
Total Revenue per Audited Statements
$69,866,600
Total Revenue per Form 990
$88,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$48,112
Other Expenses$7,576
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$48,112--$48,112
Fees for Service Investment Mgmnt Fees$4,403--$4,403
Other Expenses-$2,808-$2,808
Travel-$315-$315
All Other Expenses-$34-$34
Office Expenses-$16-$16
Total Functional Expenses$52,515$3,173$0$55,688

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$56,278,547
Expenses Not Reported on Form 990$56,227,262
Total Expenses per Form 990$55,688
Expenses per Audited Statements$51,285
Expenses Not Reported on Financial Statements$4,403
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$126,496
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The foundation is a virginia non-stock and nonprofit corporation. The foundation's by-laws specify that the foundation has one voting member, which is the supported organization of avixa, inc. (the "voting member"). The voting member through its governing body is entitled to elect and remove members of the foundation's board of directors. Additionally, the voting member must approve of any termination of the membership of the voting member in the foundation as well as the dissolution of the foundation.

Form 990, Part VI, Section A, Line 7A

The foundation's by-laws specify that the foundation has one voting member, which is the supported organization, avixa (the "voting member"). The voting member through its governing body is entitled to elect and remove members of the foundation's board of directors. Additionally, the voting member must approve of any termination of the membership of the voting member in the foundation. Specifically, the foundation board of directors consists of up to seven (7) directors, and up to four (4) of which are to be appointed or elected by the voting member's board of directors.

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

In advance of a board meeting, the board of directors receives a draft of the form 990 for review. At the board meeting, the chief financial officer conducts a detailed review of the 990 and its contents and responds to any questions arising from the board's review of the 990. Alternatively, if the timing of the board meeting does not allow for a presentation of the form 990, the chief financial officer will share the draft form 990, along with an overview and explanation of the form 990, with the board of the directors via email. The cfo will then answer any related queries and seek the board of directors approval of the form 990.

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

Avixa foundation monitors any disclosures from employees and volunteers of any conflict of interests with the foundation and takes appropriate action for any conflicts that are not in compliance with the foundation's conflict of interest policy.

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

The ceo of the supported organization designates one of the employees of the supported organization to serve as executive director. The employee's position at the supported organization is reviewed by an independent compensation consultant who conducts a salary study on a periodic basis. A portion of the employee's compensation is charged to the foundation to reflect the time spent as executive director of the foundation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request (electronically or hard copy).

Filing and Contact Details

Filer

Filer Name
Avixa Foundation Inc
EIN
83-2521416
Phone
2023444790
Address
11242 WAPLES MILL ROAD SUITE 200, FAIRFAX, VA 22030

Signing Officer

Name
David Labuskes
Title
CEO of Avixa
Phone
7032737200
Signed
2024-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Joyce
Formed
2018
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
12

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
DANIEL O'SHEA
Phone
3016529100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Avixa foundation was incorporated in 2018 and is exempt from federal income tax under section 501(c)(3) of the u.s. Internal revenue code. Tax years prior to 2020 are no longer subject to examination by the irs or the tax jurisdiction of the commonwealth of virginia. During the years ended december 31, 2023 and 2022, avixa foundation did not have net taxable income. There is no provision in these consolidated financial statements for income taxes or interest and penalties related to unrecognized tax benefits.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Related-entity revenue, net of intercompany transactions 69,639,053.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Related-entity expenses, net of intercompany transactions 56,227,262.

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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt035979
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt039122
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt033203
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION AND THE SUPPORTED ORGANIZATION (AVIXA, A 501(C)(6)) SHARE THE SAME ACCOUNTING DEPARTMENT. PRIOR TO FILING THE 990, THE FOUNDATION REVIEWED THE FINANCIAL STATEMENTS OF THE SUPPORTED ORGANIZATION AND ENSURED THAT THE SUPPORTED ORGANIZATION MET THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION AND THE SUPPORTED ORGANIZATION (AVIXA) SHARE THE SAME ACCOUNTING DEPARTMENT, WHICH PREPARES FINANCIAL STATEMENTS FOR BOTH ENTITIES. IN 2023, THE FOUNDATION DID NOT PROVIDE SUPPORT TO THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE FOUNDATION AND SUPPORTED ORGANIZATION ARE UNDER COMMON MANAGEMENT WHICH CONTROL AND SUPERVISE THE FOUNDATION. THE MEMBERS OF THE BOARD OF DIRECTORS OF THE FOUNDATION ARE APPOINTED, ELECTED AND MAY BE REMOVED BY THE SUPPORTED ORGANIZATION. THE CEO OF THE SUPPORTED ORGANIZATION APPOINTS AN EMPLOYEE OF THE SUPPORTED ORGANIZATION TO SERVE AS THE FOUNDATION'S EXECUTIVE DIRECTOR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0540621493
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AVIXA INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt042684
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01146515
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01331369
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0217538
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt034446
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01399517
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt07500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01146515
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-226056
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt024028
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01251034
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01399517
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0172511
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06196
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01093395
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01251034
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0163835
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt056227262
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04403
IRS990ScheduleD/ExpensesSubtotalAmt051285
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt04403
IRS990ScheduleD/InvestmentExpensesNotIncldAmt04403
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0143059
IRS990ScheduleD/OtherExpensesIncludedAmt056227262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0126496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt069639053
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt069782112
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04403
IRS990ScheduleD/RevenueSubtotalAmt084488
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AVIXA FOUNDATION WAS INCORPORATED IN 2018 AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE COMMONWEALTH OF VIRGINIA. DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022, AVIXA FOUNDATION DID NOT HAVE NET TAXABLE INCOME. THERE IS NO PROVISION IN THESE CONSOLIDATED FINANCIAL STATEMENTS FOR INCOME TAXES OR INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED-ENTITY REVENUE, NET OF INTERCOMPANY TRANSACTIONS 69,639,053.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RELATED-ENTITY EXPENSES, NET OF INTERCOMPANY TRANSACTIONS 56,227,262.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt055688
IRS990ScheduleD/TotalLiabilityAmt0126496
IRS990ScheduleD/TotalRevenuePerForm990Amt088891
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt069866600
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt056278547
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt115000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH YEAR, THE AVIXA FOUNDATION OFFERS A SCHOLARSHIP PROGRAM FOR TWO LEVELS OF STUDENTS: 1) STUDENTS ENTERING JUNIOR OR SENIOR YEAR OF A BACHELOR'S OR A MASTER'S DEGREE IN SELECTED ENGINEERING PROGRAMS THAT SUPPORT THE AUDIOVISUAL INDUSTRY AND 2) GRADUATING HIGH SCHOOL SENIORS ENTERING SPECIFIC AUDIOVISUAL RELATED DEGREE PATHWAYS. SHORTLY AFTER JANUARY 1ST OF EVERY YEAR, THE APPLICATION GUIDELINES, APPLICATIONS AND THE SCHOLARSHIP PROGRAM ARE PLACED UPON THE AVIXA FOUNDATION WEBSITE. THERE ARE ALSO SEVERAL INTERNET SCHOLARSHIP WEBSITES THAT ARE LINKED TO THE AVIXA FOUNDATION SCHOLARSHIP SITE. APPLICATIONS, TO INCLUDE TRANSCRIPTS AND LETTERS OF RECOMMENDATION, ARE FORWARDED TO THE AVIXA FOUNDATION EXECUTIVE DIRECTOR OR STAFF. DURING MAY, THE AVIXA FOUNDATION BOARD OF DIRECTORS SELECTS A SUB-COMMITTEE OF MEMBERS WHO ARE PROVIDED THE APPLICATIONS ALONG WITH A RATING SCALE. BASED UPON THE AVAILABLE FUNDS FOR USE IN THE SCHOLARSHIP PROGRAM, THE NUMBER OF STUDENTS IS SELECTED AND ULTIMATELY NOTIFIED OF THE AWARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt056520
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt151084
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0314068
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1295199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt111808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt046795
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt12350
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREGORY FEEHAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SARAH JOYCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0433582

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