Civic Intelligence

Air Force Academy Foundation Inc

990EZ • Fiscal year 2020 • EIN 84-0500327

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 13, 2021

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

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-60%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

78th percentile

$4,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

-12%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$50,892

Down $44,917 (-47%) from 2019

Net Assets

Down

$50,157

Down $45,652 (-48%) from 2019

Liabilities

Up

$735

Up $735 from 2019

Revenue

Down

$66,890

Down $8,903 (-12%) from 2019

Expenses

Up

$107,035

Up $76,503 (+251%) from 2019

Net Income

Down

-$40,145

Down $85,406 (-189%) from 2019

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

2020

Assets$50,892
Liabilities$735
Net Assets$50,157

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

2020

Revenue$66,890
Expenses$107,035
Net Income-$40,145
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 13, 2021
Return Version
2020v4.1
Gross Receipts
$66,890
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$95,950-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLE MAGICExec DirectorPT$4,000-$4,000
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--
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
Exec Director
Phone
7196337733
Signed
2021-09-13
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity afa athletic corporation grantee 2020 football season relationship none amount 1,000activity the fund for american studies grantee summer 2019 program for cadets street 1706 new hampshire avenue, nw city, state, zip washington, dc 20009relationship none amount 55,000activity the fund for american studies grantee 2020 summer cadet program street 1706 new hampshire avenue, nw city, state, zip washington, dc 20009relationship none amount 39,950

Description of other expenses Part I line 16

Description amounttravel 15business registration fees 20insurance liability 1,455payroll taxes 497

Description of total liabilities Part II line 26

Category beginning of year end of yearpayroll tax pay 0 735

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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/TitleTxt3VICE PRES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXEC DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY AFA ATHLETIC CORPORATION GRANTEE 2020 FOOTBALL SEASON RELATIONSHIP NONE AMOUNT 1,000ACTIVITY THE FUND FOR AMERICAN STUDIES GRANTEE SUMMER 2019 PROGRAM FOR CADETS STREET 1706 NEW HAMPSHIRE AVENUE, NW CITY, STATE, ZIP WASHINGTON, DC 20009RELATIONSHIP NONE AMOUNT 55,000ACTIVITY THE FUND FOR AMERICAN STUDIES GRANTEE 2020 SUMMER CADET PROGRAM STREET 1706 NEW HAMPSHIRE AVENUE, NW CITY, STATE, ZIP WASHINGTON, DC 20009RELATIONSHIP NONE AMOUNT 39,950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTTRAVEL 15BUSINESS REGISTRATION FEES 20INSURANCE LIABILITY 1,455PAYROLL TAXES 497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAX PAY 0 735
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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