DELAWARE AEROSPACE EDUCATION FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE AEROSPACE EDUCATION FOUNDATION (EIN 51-0325362)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-01
- IRS object ID
- 201202149349300400
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-01T06:55:52-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232896692 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BBD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 26TH FLOOR | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510325362 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE AEROSPACE EDUCATION FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DELA | NameControl |
| Phone | 3028341369 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 ESSEX DRIVE | AddressLine1 |
| City | BEAR | City |
| State | DE | State |
| ZIP Code | 197011602 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR STEPHANIE M G WRIGHT EDD | Name |
| Title | PRESIDENT AND CEO | Title |
| Phone | 3028341369 | Phone |
| Date Signed | 2012-07-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARIANNE MAK | Name |
| PTIN | P00297744 | PTIN |
| Phone | 2155677770 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR STEPHANIE M G WRIGH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 ESSEX DRIVE | AddressLine1 |
| City | BEAR | City |
| State | DE | State |
| ZIP Code | 197011602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 311737 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DASEF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | SEE PAGE 2, PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 55 | TotalNbrEmployees |
| Total Nbr Volunteers | 85 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 338597 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 166915 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 129850 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 143159 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3070 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1018 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 383 | OtherRevenuePriorYear |
| Other Revenue Current Year | 645 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 471900 | TotalRevenuePriorYear |
| Total Revenue Current Year | 311737 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10425 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9125 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 97218 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 93963 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 5877 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 239091 | OtherExpensePriorYear |
| Other Expenses Current Year | 236558 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 346734 | TotalExpensesPriorYear |
| Total Expenses Current Year | 339646 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 125166 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -27909 | RevenuesLessExpensesCY |
| Total Assets BOY | 10408788 | TotalAssetsBOY |
| Total Assets EOY | 10320121 | TotalAssetsEOY |
| Total Liabilities BOY | 68741 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8404 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10340047 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10311717 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO INSPIRE AND EDUCATE THE PEOPLE OF THE DELAWARE VALLEY IN LEARNING ABOUT THE EARTH'S ENVIRONMENT, SPACE SCIENCE, MATHEMATICS AND TECHNOLOGY THROUGH THE USE OF ACADEMIES, PRESENTATIONS, SYMPOSIUMS, PROFESSIONAL DEVELOPMENT, EVENTS AND ACTIVITIES AND THE RESOURCES OF THE ORGANIZATION'S EDUCATIONAL AND RECREATIONAL FACILITIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 297310 | Expense |
| Grants | 9125 | Grants |
| Revenue | 143159 | Revenue |
| Description | PROVIDES INNOVATIVE AND CHALLENGING EDUCATIONAL EXPERIENCES THROUGH ITS SPONSORSHIP OF THE DELAWARE AEROSPACE ACADEMY, ROCKETS FOR SCIENCE PROGRAM, LAUNCHING A DREAM PROGRAM AND OTHER PROGRAMS TO YOUNG PEOPLE AND TEACHERS IN THE STATE OF DELAWARE. DASEF IS IN THE MIDST OF A CAPITAL CAMPAIGN TO CONSTRUCT A UNIQUE FACILITY IN KENT COUNTY, DELAWARE THAT WILL EMBODY RESPONSIBLE USE OF TECHNOLOGY, ALONG WITH A STEWARDSHIP OF OUR PLANET AND ITS RESOURCES. AS OF DECEMBER 31, 2011, $9,487,735 HAS BEEN CAPITALIZED INTO THE PROJECT OF WHICH $8,117,565 IS CONSTRUCTION-IN-PROCESS AND $1,370,170 RELATED TO THE ENVIRONMENTAL OUTPOST WHICH WAS BEEN PLACED INTO SERVICE. | Description |
| Total Program Service Expense | 297310 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 55 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESIDENT AND CEO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3028341369 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 ESSEX DRIVE | AddressLine1 |
| City | BEAR | City |
| State | DE | State |
| ZIP Code | 197011602 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STEPHANIE MGWRIGHT EDD | ||||||
| PRESID./CEO (SEE SCH O) | 30.00 | X | X | 15000 | 0 | 0 |
| GARY P BELL | ||||||
| BOARD MEMBER | 0.60 | X | 0 | 0 | 0 | |
| LT COL TERESA A CONNOR | ||||||
| BOARD MEMBER (SEE SCH O) | 0.60 | X | 695 | 0 | 0 | |
| SMSGT BRYAN FORD | ||||||
| BOARD MEMBER (SEE SCH O) | 0.30 | X | 625 | 0 | 0 | |
| MITCHELL D HOUSER | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| JEAN M KRAEUTER | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| CLINTON S LAIRD | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| ANTHONY W LORUSSO | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| MARK E MAJERUS | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| WILLIAM O MCCABE | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| CHARLIE MICHELS | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| MARC W SHEFFLER | ||||||
| BOARD MEMBER | 0.90 | X | 0 | 0 | 0 | |
| BONNIE L SMITH | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| PHILIP M SPAMPINATO | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| MARGUERITE E VAVALLA | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| RICHARD E WATERHOUSE | ||||||
| BOARD MEMBER (SEE SCH O) | 0.50 | X | 4290 | 0 | 0 | |
| BRIAN H WRIGHT | ||||||
| FINANCIAL MANAGER (SEE SCH O)) | 6.00 | X | X | 7000 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 27610 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANCROFT CONSTRUCTION INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 N GRANT AVENUE STE 110 | AddressLine1 |
| City | WILMINGTON | City |
| State | DE | State |
| ZIP Code | 19806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSTRUCTION MGMT | DescriptionOfServices |
| Compensation | 164107 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Federated Campaigns | 9629 | FederatedCampaigns |
| Government Grants | 18400 | GovernmentGrants |
| All Other Contributions | 138886 | AllOtherContributions |
| Total Contributions | 166915 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 900099 | 133065 | 133065 |
| EDUCATION PROGRAMS | 900099 | 10094 | 10094 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 143159 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1018 | TotalRevenueColumn |
| Exclusion | $1,018 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHERS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 645 | TotalRevenueColumn |
| Exclusion | $645 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 645 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 311737 | TotalRevenueColumn |
| Related Or Exempt Function Income | 143159 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,663 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9125 | Total |
| Program Services | 9125 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27610 | Total |
| Program Services | 19610 | ProgramServices |
| Management And General | 6500 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59676 | Total |
| Program Services | 59676 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6677 | Total |
| Program Services | 6677 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7295 | Total |
| Program Services | 2918 | ProgramServices |
| Fundraising | 4377 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8563 | Total |
| Program Services | 8563 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17691 | Total |
| Program Services | 6959 | ProgramServices |
| Management And General | 10732 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3150 | Total |
| Management And General | 3150 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76682 | Total |
| Program Services | 76682 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8734 | Total |
| Program Services | 8734 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65181 | Total |
| Program Services | 58663 | ProgramServices |
| Management And General | 6518 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22090 | Total |
| Program Services | 19881 | ProgramServices |
| Management And General | 2209 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PROGRAM SUPPLIES | 19822 | 19822 | |
| PROFESSIONAL FEES | 7350 | 7350 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339646 | Total |
| Program Services | 297310 | ProgramServices |
| Management And General | 36459 | ManagementAndGeneral |
| Fundraising | 5877 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51789 | BOY |
| EOY | 31177 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 428597 | BOY |
| EOY | 251715 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41500 | BOY |
| EOY | 30000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10410045 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 418266 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9871031 | BOY |
| EOY | 9991779 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2157 | BOY |
| EOY | 2216 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13714 | BOY |
| EOY | 13234 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10408788 | BOY |
| EOY | 10320121 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68741 | BOY |
| EOY | 8404 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68741 | BOY |
| EOY | 8404 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10265002 | BOY |
| EOY | 10243483 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75045 | BOY |
| EOY | 68234 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10340047 | BOY |
| EOY | 10311717 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10408788 | BOY |
| EOY | 10320121 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -27909 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -421 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 244557 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 575993 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 901327 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 338597 | CurrentTaxYearMinus1Year |
| Current Tax Year | 166915 | CurrentTaxYear |
| Total | 2227389 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3000 | CurrentTaxYear |
| Total | 15000 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 247557 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 578993 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 904327 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 341597 | CurrentTaxYearMinus1Year |
| Current Tax Year | 169915 | CurrentTaxYear |
| Total | 2242389 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 519740 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1722649 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22168 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7411 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15908 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3070 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1018 | CurrentTaxYear |
| Total | 49575 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2022 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9137 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 337 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 383 | CurrentTaxYearMinus1Year |
| Current Tax Year | 645 | CurrentTaxYear |
| Total | 12524 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2304488 | TotalSupport |
| Gross Receipts From Admissions Etc | 682986 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.74750 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.82850 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9487735 | OtherCostOrOtherBasis |
| Depreciation | 171074 | Depreciation |
| Book Value | 9316661 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 246212 | OtherCostOrOtherBasis |
| Depreciation | 205866 | Depreciation |
| Book Value | 40346 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 676098 | OtherCostOrOtherBasis |
| Depreciation | 41326 | Depreciation |
| Book Value | 634772 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9991779 | TotalOfBookValueLandBuildings |
| Total Revenue | 311737 | TotalRevenue |
| Total Expenses | 339646 | TotalExpenses |
| Excess Or Deficit For Year | -27909 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 59 | NetUnrealizedGLOnInvestments |
| Other | -$480 | OtherAmount |
| Total Adjustments | -421 | TotalAdjustments |
| Excess Or Deficit Per FS | -28330 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 378607 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 59 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 67291 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -480 | OtherRevenues |
| Revenue Not Rptd F990 | 66870 | RevenueNotRptdF990 |
| Revenue Subtotal | 311737 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 311737 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 406937 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 67291 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 67291 | ExpensesNotRptdF990 |
| Expenses Subtotal | 339646 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 339646 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | UNCERTAIN TAX POSITION UNDER FIN 48 DASEF BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN FIN 48 AND, AS A RESULT, THE ADOPTION OF FIN 48 HAS HAD NO IMPACT ON DASEF'S FINANCIAL STATEMENTS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | DECREASE IN BENEFICIAL INTEREST IN NET ASSETS HELD BY COMMUNITY FOUNDATION -480. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DECREASE IN BENEFICIAL INTEREST IN NET ASSETS HELD BY COMMUNITY FOUNDATION -480. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS TO CHILDREN WITH FINANCIAL NEEDS | TypeOfGrant |
| Number Of Recipients | 41 | NumberOfRecipients |
| Amount Of Cash Grant | 9125 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANT FUNDS ARE RECEIVED DIRECTLY BY DASEF AND AWARDED TO PARTICIPANTS IN THE DELAWARE AEROSPACE ACADEMY BY THE CEO BASED UPON FINANCIAL NEEDS OR DONOR RESTRICTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | RELATIONSHIP AMONG BOARD MEMBERS DR. STEPHANIE M. G. WRIGHT AND BRIAN WRIGHT HAVE A FAMILY RELATIONSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | GOVERNING BODY REVIEW OF FORM 990 PRIOR TO FILING WITH THE IRS, A COPY OF FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD FOR REVIEW. THE BOARD MEMBERS MAY COMMENT ON ANY PROPOSED CHANGES OR SUGGESTIONS TO MANAGEMENT. | |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING AND ENFORCEMENT OF CONFLICTS POLICY ANY MEMBER OF THE BOARD OF DIRECTORS OR MANAGEMENT WHO HAS A FINANCIAL, PERSONAL, OR OFFICIAL INTEREST IN OR CONFLICT (OR APPEARANCE OF CONFLICT) WITH ANY MATTER PENDING BEFORE THE BOARD, OF SUCH NATURE THAT IT PREVENTS OR MAY PREVENT THAT MEMBER FROM ACTING ON THE MATTER IN AN IMPARTIAL MANNER, WILL OFFER TO VOLUNTARILY EXCUSE HIM/HERSELF AND WILL REFRAIN FROM DISCUSSION AND/OR VOTING ON SAID ITEM OR ISSUE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC AVAILABILITY OF OTHER DOCUMENTS FORM 990 IS POSTED ON WWW.GUIDESTAR.ORG. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 59. DECREASE IN BENEFICIAL INTEREST IN NET ASSETS HELD BY COMMUNITY FOUNDATION -480. TOTAL TO FORM 990, PART XI, LINE 5: -421. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART VII, COMPENSATION TO OFFICER AND BOARD MEMBERS | ALL SALARIES PAID TO OFFICERS AND BOARD MEMBERS ARE FOR PROGRAM RELATED ACTIVITIES: [1] STEPHANIE M. G. WRIGHT (PRESIDENT AND CEO) IS PAID FOR MANAGING ALL PROGRAMS OF DASEF; [2] BRIAN H. WRIGHT (BOARD MEMBER AND FINANCIAL MANAGER) IS PAID FOR ASSISTING WITH PROGRAM OPERATIONS AND MAINTAINING THE BOOKS OF DASEF; [3] RICHARD E. WATHERHOUSE (BOARD MEMBER) IS PAID ON ON HOURLY BASIS FOR WRITING CURRICULUM FOR DASEF'S PROGRAMS; [4] TERESA A. CONNOR (BOARD MEMBER) IS PAID TO TEACH AT THE DELAWARE AEROSPACE ACADEMY AND TO HANDLE ALL ROCKETRY RELATED ACTIVITIES. [5] MSGT BRYAN FORD (BOARD MEMBER) IS PAID TO TEACH AT THE DELAWARE AEROSPACE ACADEMY. |
Comments