Civic Intelligence

Air Force Academy Foundation Inc

990EZ • Fiscal year 2018 • EIN 84-0500327

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 06, 2020

10 Lake CircleColorado Springs, CO 80906

(719) 577-7904

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

42nd percentile

-1.6%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

0.5%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$50,548

Down $813 (-1.6%) from 2017

Net Assets

Down

$50,548

Down $813 (-1.6%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$94,026

Up $449 (+0.5%) from 2017

Expenses

Up

$96,307

Up $1,346 (+1.4%) from 2017

Net Income

Down

-$2,281

Down $897 (-65%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $82,393Liabilities 2011: $6202011Assets 2012: $122,408Liabilities 2012: $6202012Assets 2013: $72,555Liabilities 2013: $6202013Assets 2014: $43,443Liabilities 2014: $6502014Assets 2015: $51,606Liabilities 2015: $6502015Assets 2016: $53,555Liabilities 2016: $810Net Assets 2016: $52,7452016Assets 2017: $51,361Liabilities 2017: $0Net Assets 2017: $51,3612017Assets 2018: $50,548Liabilities 2018: $0Net Assets 2018: $50,5482018Assets 2019: $95,809Liabilities 2019: $0Net Assets 2019: $95,8092019Assets 2020: $50,892Liabilities 2020: $735Net Assets 2020: $50,1572020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$50,548
Liabilities$0
Net Assets$50,548

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $86,460Expenses 2011: $69,371Net Income 2011: $17,0892011Revenue 2012: $113,326Expenses 2012: $73,311Net Income 2012: $40,0152012Revenue 2013: $34,744Expenses 2013: $84,627Net Income 2013: -$49,8832013Revenue 2014: $36,432Expenses 2014: $65,544Net Income 2014: -$29,1122014Revenue 2015: $103,227Expenses 2015: $95,063Net Income 2015: $8,1642015Revenue 2016: $97,411Expenses 2016: $95,622Net Income 2016: $1,7892016Revenue 2017: $93,577Expenses 2017: $94,961Net Income 2017: -$1,3842017Revenue 2018: $94,026Expenses 2018: $96,307Net Income 2018: -$2,2812018Revenue 2019: $75,793Expenses 2019: $30,532Net Income 2019: $45,2612019Revenue 2020: $66,890Expenses 2020: $107,035Net Income 2020: -$40,1452020Revenue 2021: $65,771Expenses 2021: $115,928Net Income 2021: -$50,1572021

Highlighted filing

2018

Revenue$94,026
Expenses$96,307
Net Income-$2,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 6, 2020
Return Version
2018v3.1
Gross Receipts
$94,026
Mission and Program Overview

Mission

Support to air force academy

Program Services

DescriptionGrantsExpenses
TO PROVIDE THE AIR FORCE ACADEMY WITH FACILITIES THAT COULD NOT BE FUNDED WITH APPROPRIATED MONEY PROVIDES SUPPORT TO THE FRIENDS OF THE LIBRAY AND AIR FORCE ACADEMY ATHLETIC CEN$68,000$96,307
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM J HYBLChairman-$0--
DAVID J PALENCHARPresident-$0--
WILLIAM B TUTTVice Pres-$0--
RICHARD SCHLOSBERGVice Pres-$0--
WILLIAM J HYBL JRVice Pres-$0--
R THAYER TUTT JRSec Treas-$0--
NICOLE MAGICExec DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Air Force Academy Foundation Inc
EIN
84-0500327
Address
10 LAKE CIRCLE, COLORADO SPRINGS, CO 80906

Signing Officer

Name
Nicole Magic
Title
Member
Phone
7195775867
Signed
2020-07-06
Discuss with paid preparer
Yes

Preparer

Firm
Your Taxlady LLC
Address
401 WINDCHIME PLACE, Colorado Springs, CO 80919
Preparer
Kathy Bylkas
Phone
7195484924
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amountinterest 180

List of grants and similar amounts paid Part I line 10

Activity center for creative leadership grantee tuition scholarship street po box 188 city, state, zip usaf academy, co 80840relationship none activity conribution to annual luncheon grantee friends of the afa library street po box 188 city, state, zip usaf academy, co 80840relationship none activity dept of treasury grantee summer travek grant street po box 188 city, state, zip usaf academy, co 80840relationship none activity tfas program 10 cadets grantee fund for american studies street 1706 new hamshire ave nw city, state, zip washington, dc 20009relationship none activity st marys catholic church grantee ray kogovseck street po box 188 city, state, zip usaf academy, co 80840relationship none activity us airforce grantee blue and silver club street po box 188 city, state, zip usaf academy, co 80840relationship none activity friends of the afa library grantee luncheon relationship none amount 250activity the usafa endowment grantee leadership award relationship none amount 150activity center for creative leadership grantee spring 2018-fall 2018 donation relationship none amount 8,000activity afa athletic corporation grantee 2018 football season donation relationship none amount 10,000activity usafa gifts and memorials grantee tfas summer program travel relationship none amount 10,000activity the fund for american studies grantee 2018 sumer program street 1706 new hampshire avenue, nw city, state, zip washington, dc 20009relationship none amount 55,000

Description of other expenses Part I line 16

Description amounttravel 127business reg fees 20office exp 104insurance liability 1,640cadet leadership reception 1,189

Raw XML Appendix190 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINTEREST 180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CENTER FOR CREATIVE LEADERSHIP GRANTEE TUITION SCHOLARSHIP STREET PO BOX 188 CITY, STATE, ZIP USAF ACADEMY, CO 80840RELATIONSHIP NONE ACTIVITY CONRIBUTION TO ANNUAL LUNCHEON GRANTEE FRIENDS OF THE AFA LIBRARY STREET PO BOX 188 CITY, STATE, ZIP USAF ACADEMY, CO 80840RELATIONSHIP NONE ACTIVITY DEPT OF TREASURY GRANTEE SUMMER TRAVEK GRANT STREET PO BOX 188 CITY, STATE, ZIP USAF ACADEMY, CO 80840RELATIONSHIP NONE ACTIVITY TFAS PROGRAM 10 CADETS GRANTEE FUND FOR AMERICAN STUDIES STREET 1706 NEW HAMSHIRE AVE NW CITY, STATE, ZIP WASHINGTON, DC 20009RELATIONSHIP NONE ACTIVITY ST MARYS CATHOLIC CHURCH GRANTEE RAY KOGOVSECK STREET PO BOX 188 CITY, STATE, ZIP USAF ACADEMY, CO 80840RELATIONSHIP NONE ACTIVITY US AIRFORCE GRANTEE BLUE AND SILVER CLUB STREET PO BOX 188 CITY, STATE, ZIP USAF ACADEMY, CO 80840RELATIONSHIP NONE ACTIVITY FRIENDS OF THE AFA LIBRARY GRANTEE LUNCHEON RELATIONSHIP NONE AMOUNT 250ACTIVITY THE USAFA ENDOWMENT GRANTEE LEADERSHIP AWARD RELATIONSHIP NONE AMOUNT 150ACTIVITY CENTER FOR CREATIVE LEADERSHIP GRANTEE SPRING 2018-FALL 2018 DONATION RELATIONSHIP NONE AMOUNT 8,000ACTIVITY AFA ATHLETIC CORPORATION GRANTEE 2018 FOOTBALL SEASON DONATION RELATIONSHIP NONE AMOUNT 10,000ACTIVITY USAFA GIFTS AND MEMORIALS GRANTEE TFAS SUMMER PROGRAM TRAVEL RELATIONSHIP NONE AMOUNT 10,000ACTIVITY THE FUND FOR AMERICAN STUDIES GRANTEE 2018 SUMER PROGRAM STREET 1706 NEW HAMPSHIRE AVENUE, NW CITY, STATE, ZIP WASHINGTON, DC 20009RELATIONSHIP NONE AMOUNT 55,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTTRAVEL 127BUSINESS REG FEES 20OFFICE EXP 104INSURANCE LIABILITY 1,640CADET LEADERSHIP RECEPTION 1,189
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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