AIR FORCE ACADEMY FOUNDATION: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- AIR FORCE ACADEMY FOUNDATION (EIN 26-0537053)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202631349349312053
- Schema version
- 2025v4.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T16:59:02-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 934792291 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SORREN INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 90 S CASCADE AVE SUITE 700 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260537053 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIR FORCE ACADEMY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AIRF | BusinessNameControlTxt |
| Phone | 7194720300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3115 ACADEMY DR | AddressLine1Txt |
| City | USAF ACADEMY | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 808404475 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATIE WILLEMARCK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7194720300 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOREEN MERZ | PreparerPersonNm |
| PTIN | P00841439 | PTIN |
| Phone | 7196301186 | PhoneNum |
| Preparation | 2026-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | KATIE WILLEMARCK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3115 ACADEMY DR | AddressLine1Txt |
| City | USAF ACADEMY | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,773,778 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.USAFA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TOGETHER, WE SUPPORT THE ACADEMY, SERVE OUR GRADUATES, AND PRESERVE THE (CONT ON SCH O) HERITAGE OF THE INSTITUTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 59 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 58 | VotingMembersIndependentCnt |
| Total Employee | 115 | TotalEmployeeCnt |
| Total Volunteers | 62 | TotalVolunteersCnt |
| Total Gross UBI | $17,908 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $15,217 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $41,469,423 | PYContributionsGrantsAmt |
| CY Contributions Grants | $31,457,725 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,520,428 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,652,921 | CYInvestmentIncomeAmt |
| PY Other Revenue | $59,893 | PYOtherRevenueAmt |
| CY Other Revenue | $37,624 | CYOtherRevenueAmt |
| PY Total Revenue | $45,049,744 | PYTotalRevenueAmt |
| CY Total Revenue | $35,148,270 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $33,702,902 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,046,558 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,451,415 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,197,017 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $382,303 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $226,973 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,294,254 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,319,297 | PYOtherExpensesAmt |
| CY Other Expenses | $4,788,980 | CYOtherExpensesAmt |
| PY Total Expenses | $40,855,917 | PYTotalExpensesAmt |
| CY Total Expenses | $17,259,528 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,193,827 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,888,742 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $169,492,887 | TotalAssetsBOYAmt |
| Total Assets EOY | $191,269,920 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,334,420 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,041,266 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $156,158,467 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $186,228,654 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BE AN ASSOCIATION AND FOUNDATION OF INFLUENCE AND IMPACT, SUPPORTING THE ACADEMY'S ENDURING MISSION OF DEVELOPING LEADERS OF CHARACTER FOR THE NATION, AND PROVIDING A LIFETIME OF SERVICE TO THE LONG BLUE LINE. (CONT ON SCH O).STRATEGIC PRIORITIES OF: (1) ENGAGEMENT - CULTIVATE LIFELONG RELATIONSHIPS AND PROVIDE VALUED SERVICE TO THE ACADEMY AND OUR GRADUATES.(2) PHILANTHROPY - ENHANCE FINANCIAL STRENGTH AND STABILITY TO ADVANCE THE ACADEMY AND SUSTAIN OUR MISSION.(3) STEWARDSHIP - RESPONSIBLY SEEK AND MANAGE GIFTED TIME, TALENT, TREASURE AND RELATIONSHIPS.(4) COMMUNICATION - TELL THE STORY OF OUR ACADEMY, OUR GRADUATES AND OUR MISSION WITH OUR WORDS AND ACTIONS.(5) ORGANIZATIONAL EXCELLENCE - ALIGN OUR VALUES, OUR CULTURE AND OUR COMMITMENT AS A TEAM TO DRIVE OVERALL EFFECTIVENESS OF OUR MISSION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,632,351 | ExpenseAmt |
| Grant | $4,615,278 | GrantAmt |
| Desc | ACADEMIC SUPPORT:THE AIR FORCE ACADEMY FOUNDATION SECURES PHILANTHROPIC SUPPORT FROM INDIVIDUALS, FOUNDATIONS AND CORPORATIONS TO PROVIDE ADDITIONAL FUNDING SUPPORT TO THE U.S. AIR FORCE ACADEMY (USAFA) BEYOND WHAT THE GOVERNMENT IS ABLE TO PROVIDE. A LARGE PART OF THIS SUPPORT GOES TOWARD ACADEMIC PROGRAMS THAT AUGMENT THE CORE CURRICULUM. IN 2025, THIS INCLUDED SIGNIFICANT SUPPORT FOR THE INSTITUTE FOR FUTURE CONFLICT AND MARTINSON HONORS PROGRAM AND THE ESTABLISHMENT OF A CADET-ADVISED INVESTMENT PORTFOLIO. PRIVATE SUPPORT ALSO ENABLES CADETS TO PARTICIPATE IN ACADEMIC OPPORTUNITIES THAT INCLUDE TRAVEL, SUCH AS CULTURAL IMMERSION EXPERIENCES AND NATIONAL ACADEMIC TEAM COMPETITIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,022,889 | ExpenseAmt |
| Grant | $563,785 | GrantAmt |
| Revenue | $19,716 | RevenueAmt |
| Desc | ASSOCIATION & FOUNDATION PROGRAM SUPPORT:GRANTS ARE PROVIDED ANNUALLY TO THE ASSOCIATION OF GRADUATES (AOG) IN SUPPORT OF ITS OPERATIONS TO SERVE ALUMNI OF USAFA, KNOWN AS THE LONG BLUE LINE. THE AOG PROVIDES A VARIETY OF PROGRAMS AND SERVICES TO CONNECT THE LONG BLUE LINE TO USAFA, EACH OTHER AND CURRENT CADETS WHO WILL SOON JOIN THE LONG BLUE LINE COMMUNITY. THESE FUNDS WERE LARGELY USED TO DECREASE THE COST OF CLASS REUNIONS AND SUPPORT GRADUATE ENGAGEMENT PROGRAMS. THIS PROGRAM ALSO INCLUDES PHILANTHROPIC SUPPORT FOR WECKER HALL, THE NEW OFFICE BUILDING FOR THE AOG AND AIR FORCE ACADEMY FOUNDATION STAFF. PAYING DOWN THE BONDS ON HOTEL POLARIS, WHICH WILL BE TURNED OVER TO THE ASSOCIATION & FOUNDATION UPON PAYOFF OF THE BONDS, WAS ALSO A MAJOR USE OF FUNDS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,651,954 | ExpenseAmt |
| Grant | $1,616,463 | GrantAmt |
| Desc | CAPITAL PROJECTS AND HERITAGE PROGRAMS:THE AIR FORCE ACADEMY FOUNDATION SECURES PHILANTHROPIC SUPPORT TO PRESERVE USAFA HERITAGE AND TO CONSTRUCT OR ENHANCE FACILITIES ON THE ACADEMY, INCLUDING MEMORIALS AND DISPLAYS. THE LARGEST EXPENSES IN THIS AREA FOR 2025 SUPPORTED THE CONSTRUCTION OF THE TUSKEGEE AIRMEN MEMORIAL AT DAVIS FIELD AND THE INSTALLATION OF A GLIDER IN THE HIGHEST GALLERY OF THE HOSMER VISITOR CENTER. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,251,032 | ExpenseAmt |
| Grant | $1,251,032 | GrantAmt |
| Desc | CADET ATHLETICS, ACTIVITIES, AND CHARACTER & LEADERSHIP PROGRAMSTHE AIR FORCE ACADEMY FOUNDATION SECURES PHILANTHROPIC SUPPORT FOR CADET ACTIVITIES. THESE FUNDS ARE USED TO SUPPLEMENT FUNDING FOR ATHLETICS THROUGH THE AIR FORCE ACADEMY ATHLETIC CORPORATION, TO SUPPORT CADET CLUBS AND EXTRACURRICULAR ACTIVITIES, AND TO FUND CHARACTER AND LEADERSHIP DEVELOPMENT PROGRAMS AT THE ACADEMY. IN 2025, OVER 100 CADET TEAMS AND CLUBS RECEIVED SUPPORT FROM THE AIR FORCE ACADEMY FOUNDATION. THIS PROGRAM ALSO INCLUDES ANNUAL SUPPORT FOR THE NATIONAL CHARACTER AND LEADERSHIP SYMPOSIUM. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,251,032 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,251,032 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $10,558,226 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 85 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 115 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 59 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 58 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATIE WILLEMARCKCFO | PersonNm |
| Phone | 7194720300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3115 ACADEMY DRIVE | AddressLine1Txt |
| City | USAF ACADEMY | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARK D HILLE | ||||||||
| PRESIDENT & CEO | 20.00 | 2.00 | Yes (X) | Yes (X) | $226,226 | $0 | $51,610 | |
| ALEX P GILBERT | ||||||||
| CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEPHEN M DICKSON | ||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEFFREY M FRIENT | ||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEPHEN S MACLEOD | ||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| APRIL SULLIVAN FITZGERALD | ||||||||
| MEMBER AT LARGE (TO 10/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS W BREMER | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEROME V BRUNI | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL CAPON | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN CHERRY | ||||||||
| BOARD OF DIRECTOR (FROM 05/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN D CHILDS | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EVAN M DADOSKY | ||||||||
| BOARD OF DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEONARD C EKMAN | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH D FERRILL | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN M FOX | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN C GORNICK | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXANDER F GRANADOS | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRADLEY C HOSMER | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD R JAYNE | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM A JONES JR | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL G KAMINSKI | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JESUNG KIM | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| J SCOTT KIRBY | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK N KUCERA | ||||||||
| BOARD OF DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW J KUTA | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL LAMBERT | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL LEAHY | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TED E LEGASEY | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROD R LITTLE | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EUGENE A LUPIA | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL S MADERA | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SARAH J SAXER MARSHALL | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN W MARTIN JR | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN H MARTINSON | ||||||||
| BOARD OF DIRECTOR (TO 10/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD D MCCONN | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRADLEY M MEISSEN | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BENJAMIN A MOE | ||||||||
| BOARD OF DIRECTOR (FROM 01/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK M NESBITT | ||||||||
| BOARD OF DIRECTOR (TO 07/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRENCE O'DONNELL | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN O'NEIL | ||||||||
| BOARD OF DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRENCE J O'SHAUGHNESSY | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES E PHILLIPS | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGG C POPOVICH | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA M QUILLEN AGNEW | ||||||||
| BOARD OF DIRECTOR (FROM 11/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| VINCENT P REYNA | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL ROSSETTI | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL J SCHNEPF | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NORTON A SCHWARTZ | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS A STEIN | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW C STEWART | ||||||||
| BOARD OF DIRECTOR (FROM 08/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WES STOWERS JR | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID J STROBEL | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMESINA S TOOGOOD | ||||||||
| BOARD OF DIRECTOR (FROM 10/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM E WECKER | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK A WELSH III | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID YOST | ||||||||
| BOARD OF DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW YOUNG | ||||||||
| BOARD OF DIRECTOR (FROM 06/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LESLIE G DENEND | ||||||||
| EMERITUS DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRANCE M DRABANT | ||||||||
| EMERITUS DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BART HOLADAY | ||||||||
| EMERITUS DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MAX F JAMES | ||||||||
| EMERITUS DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GILBERT D MOOK | ||||||||
| EMERITUS DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HUGH H WILLIAMSON | ||||||||
| EMERITUS DIRECTOR (TO 10/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATIE WILLEMARK | ||||||||
| CFO | 20.00 | 2.00 | Yes (X) | $127,844 | $0 | $34,971 | ||
| KELLY BANET | ||||||||
| EXECUTIVE VICE PRESIDENT OF DEVELOPMENT | 38.00 | 0.00 | Yes (X) | $223,119 | $0 | $79,828 | ||
| MEGAN MYERS | ||||||||
| ASSISTANT VICE PRESIDENT OF DEVELOMENT | 39.00 | 0.00 | $113,211 | $0 | $12,717 | Yes (X) | ||
| CHRISTOPHER MAZUREK | ||||||||
| DIRECTOR OF PROJECTS AND FACILITIES | 32.00 | 0.00 | $103,083 | $0 | $8,959 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $793,483 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $188,085 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAUNDERS NORWOOD CONSTRUCTIONS LLC | |||||
| 111 S TEJON ST STE 200 | COLORADO SPRINGS | CO | 80903 | CONSTRUCTION | $11,929,880 |
| WORKPLACE RESOURCE | |||||
| 9600 E 40TH AVENUE | DENVER | CO | 80238 | INTERIOR DESIGN PRODUCTS | $726,351 |
| JAMES NANCE SCULPTURE STUDIO | |||||
| 4617 LONETREE DRIVE | LOVELAND | CO | 80537 | BRONZE SCULPTOR | $398,375 |
| FESCO ENERGY LLC | |||||
| 7470 NEW TECHNOLOGY WAY SUITE A | FREDERICK | MD | 21703 | ENERGY ASSESSMENTS AND SERVICES | $360,000 |
| LEGENDS SALES & MARKETING LLC | |||||
| 61 BROADWAY STREET STE 2400 | NEW YORK | NY | 10006 | PROFESSIONAL FUNDRAISING | $277,062 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $31,457,725 | AllOtherContributionsAmt |
| Noncash Contributions | $2,717,352 | NoncashContributionsAmt |
| Total Contributions | $31,457,725 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,420,018 | TotalRevenueColumnAmt |
| Exclusion | $3,420,018 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,858,411 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,625,508 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $232,903 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $232,903 | TotalRevenueColumnAmt |
| Exclusion | $232,903 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | $19,716 | $19,716 | |
| UBI FROM PARTNERSHIP K-1S | 901101 | $17,908 | $17,908 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $37,624 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,148,270 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,716 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,908 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,652,921 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,980,224 | TotalAmt |
| Program Services | $7,980,224 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,334 | TotalAmt |
| Program Services | $66,334 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $743,598 | TotalAmt |
| Management And General | $564,341 | ManagementAndGeneralAmt |
| Fundraising | $179,257 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,861,987 | TotalAmt |
| Program Services | $253,662 | ProgramServicesAmt |
| Management And General | $1,330,356 | ManagementAndGeneralAmt |
| Fundraising | $1,277,969 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,994 | TotalAmt |
| Management And General | $21,455 | ManagementAndGeneralAmt |
| Fundraising | $53,539 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,909 | TotalAmt |
| Management And General | $98,587 | ManagementAndGeneralAmt |
| Fundraising | $152,322 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,529 | TotalAmt |
| Management And General | $134,615 | ManagementAndGeneralAmt |
| Fundraising | $130,914 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,699 | TotalAmt |
| Management And General | $27,699 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,319 | TotalAmt |
| Management And General | $70,319 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,973 | TotalAmt |
| Fundraising | $226,973 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,428 | TotalAmt |
| Management And General | $176,989 | ManagementAndGeneralAmt |
| Fundraising | $121,439 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,170 | TotalAmt |
| Management And General | $140,476 | ManagementAndGeneralAmt |
| Fundraising | $26,694 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,524 | TotalAmt |
| Management And General | $168,043 | ManagementAndGeneralAmt |
| Fundraising | $386,481 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,533 | TotalAmt |
| Management And General | $12,106 | ManagementAndGeneralAmt |
| Fundraising | $112,427 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,215 | TotalAmt |
| Management And General | $49,215 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,011 | TotalAmt |
| Management And General | $119,953 | ManagementAndGeneralAmt |
| Fundraising | $174,058 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,018 | TotalAmt |
| Management And General | $9,671 | ManagementAndGeneralAmt |
| Fundraising | $5,347 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,749 | TotalAmt |
| Management And General | $373,384 | ManagementAndGeneralAmt |
| Fundraising | $7,365 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM DEVELOPMENT EXP | $2,258,006 | $2,258,006 | ||
| ALLOCATED ADMIN OVERHEA | $345,762 | $73,917 | $271,845 | |
| DONOR APPRECIATION | $141,281 | $735 | $140,546 | |
| EMPLOYEE MORALE & RECOG | $24,025 | $16,284 | $7,741 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,240 | TotalAmt |
| Management And General | $18,903 | ManagementAndGeneralAmt |
| Fundraising | $19,337 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,259,528 | TotalAmt |
| Program Services | $10,558,226 | ProgramServicesAmt |
| Management And General | $3,407,048 | ManagementAndGeneralAmt |
| Fundraising | $3,294,254 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $1,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,319,214 | BOYAmt |
| EOY | $40,160,796 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,376,051 | BOYAmt |
| EOY | $31,533,513 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,132,906 | BOYAmt |
| EOY | $855,749 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,202 | BOYAmt |
| EOY | $137,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $26,117,374 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $496,012 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,130,819 | BOYAmt |
| EOY | $25,621,362 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,395,958 | BOYAmt |
| EOY | $92,947,673 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,737 | BOYAmt |
| EOY | $12,825 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,492,887 | BOYAmt |
| EOY | $191,269,920 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,813,485 | BOYAmt |
| EOY | $1,785,769 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,656,946 | BOYAmt |
| EOY | $815,897 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,863,989 | BOYAmt |
| EOY | $2,439,600 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,334,420 | BOYAmt |
| EOY | $5,041,266 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,559,098 | BOYAmt |
| EOY | $27,043,099 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,599,369 | BOYAmt |
| EOY | $159,185,555 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,158,467 | BOYAmt |
| EOY | $186,228,654 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,492,887 | BOYAmt |
| EOY | $191,269,920 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $17,888,742 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,829,449 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,648,004 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,711,159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,602,736 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37,187,199 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $41,278,071 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,457,725 | CurrentTaxYearAmt |
| Total | $176,236,890 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,711,159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,602,736 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37,187,199 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $41,278,071 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,457,725 | CurrentTaxYearAmt |
| Total | $176,236,890 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $38,743,134 | SubstantialContributorsTotAmt |
| Public Support Total170 | $137,493,756 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $922,386 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,805,697 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,653,376 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,417,551 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,420,018 | CurrentTaxYearAmt |
| Total | $12,219,028 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $22,278 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,908 | CurrentTaxYearAmt |
| Total | $40,186 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,946 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $150,019 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,615 | CurrentTaxYearMinus1YearAmt |
| Total | $210,130 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $188,706,234 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,716 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72860 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 1 | FormAndLineReferenceDesc |
| Explanation | DURING THE FISCAL YEAR ENDING JUNE 30, 2025, THE ORGANIZATION DETERMINED PRIOR YEAR PLEDGES HAD BECOME UNCOLLECTIBLE. LINE 1, CONTRIBUTIONS, FOR THE FOLLOWING YEARS, HAS BEEN ADJUSTED TO REFLECT THE UNCOLLECTIBLE PLEDGES: COLUMN (C) 2022 - 932 AND COLUMN (D) 2023 - $123,700. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,067,794 | OtherCostOrOtherBasisAmt |
| Depreciation | $315,119 | DepreciationAmt |
| Book Value | $20,752,675 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $892,275 | OtherCostOrOtherBasisAmt |
| Depreciation | $157,920 | DepreciationAmt |
| Book Value | $734,355 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,157,305 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,973 | DepreciationAmt |
| Book Value | $4,134,332 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,621,362 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $47,330,714 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $13,829,449 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $999 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $13,830,448 | RevenueNotReportedAmt |
| Revenue Subtotal | $33,500,266 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,648,004 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,648,004 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $35,148,270 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,260,527 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $999 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $999 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,259,528 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,259,528 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ORGANIZATION HOLDS FUNDS ON BEHALF OF THE FRIENDS OF THE AIR FORCE ACADEMY LIBRARY (THE FRIENDS), A SEPARATE NONPROFIT ORGANIZATION WHICH ALSO SUPPORTS THE ACADEMY. |
| PART X, LINE 2: | BOTH THE FOUNDATION AND THE TRUST ARE QUALIFIED ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, BOTH THE FOUNDATION AND THE TRUST QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION. THE ORGANIZATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | WRITE OFF OF PY PLEDGES AS UNCOLLECTIBLE 1,651,092. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -3,088. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEGENDS SALES & MARKETING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 61 BROADWAY STREET STE 2400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | SOLICITATION OF DONATIONS - CALL CENTER | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $277,710 | GrossReceiptsAmt |
| Retained By Contractor | $226,973 | RetainedByContractorAmt |
| Net To Organization | $50,737 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $277,710 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $226,973 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $50,737 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | Recipient EINRecipientEIN |
|---|---|---|---|---|---|---|---|---|---|---|
| US TREASURY | ||||||||||
| 2304 CADET DRIVE SUITE 3200 | USAFA | CO | 80840 | FEDERAL GOV | $1,164,919 | $5,240,076 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | |
| AIR FORCE ACADEMY ATHLETIC ASSOCIATION | ||||||||||
| 2618 FIELD HOUSE DR | USAFA | CO | 80840 | 501(C)(3) | $496,004 | $16,658 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | 454331061 |
| ASSOCIATION OF GRADUATES | ||||||||||
| 3115 ACADEMY DR | USAFA | CO | 80840 | 501(C)(3) | $507,034 | $42,645 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | 840580665 |
| FALCON FOUNDATION | ||||||||||
| 3115 ACADEMY DR | USAFA | CO | 80841 | 501(C)(3) | $54,932 | $1,184 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | 756016930 |
| ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE | ||||||||||
| 1490 GARDEN OF THE GODS RD | COLORADO SPRINGS | CO | 80907 | 501(C)(3) | $279,114 | $35,203 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | 742378230 |
| BOLT BROTHERHOOD | ||||||||||
| 2401 PARMA CT | COLORADO SPRINGS | CO | 809212935 | 501(C)(3) | $10,000 | $15 | ACTUAL COST | SEE PART IV | GENERAL SUPPORT, SEE PART IV | 873854189 |
| AIR FORCE ACADEMY REAL ESTATE TRUST | ||||||||||
| 3115 ACADEMY DR | USAFA | CO | 80840 | 501(C)(3) | $132,440 | $0 | LOAN FORGIVENESS | 861379592 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| MAJOR GENERAL FOLLETT BRADLEY SCHOLARSHIP | 1 | $62,794 |
| DENNIS P. RANDO GRANTS | 7 | $3,540 |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | UNITED STATES AIR FORCE ACADEMY THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS PROVIDED TO THE UNITED STATES AIR FORCE ACADEMY BY MAINTAINING REGULAR CONTACT WITH THE UNITED STATES AIR FORCE ACADEMY SUPERINTENDENT'S OFFICE AND STAFF. AIR FORCE ACADEMY ATHLETIC CORPORATION THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS PROVIDED TO THE AIR FORCE ACADEMY ATHLETIC CORPORATION DEPARTMENT BY MAINTAINING REGULAR CONTACT WITH THE ATHLETIC DIRECTOR'S OFFICE AND STAFF. ASSOCIATION OF GRADUATES OF THE USAFA THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS PROVIDED TO THE ASSOCIATION OF GRADUATES OF THE UNITED STATES AIR FORCE ACADEMY BY MAINTAINING REGULAR CONTACT WITH ASSOCIATION'S DIRECTORS, OFFICERS AND STAFF, INCLUDING RECIPROCAL ATTENDANCE AT THE ASSOCIATION'S AND THE ORGANIZATION'S BOARD OF DIRECTORS MEETINGS AND AT VARIOUS OTHER ASSOCIATION AND ORGANIZATION MEETINGS, EVENTS AND ACTIVITIES. SCHOLARSHIPS SCHOLARSHIPS ARE PAID DIRECTLY TO THE RECIPIENT'S SCHOOL TO ENSURE PROPER USE OF FUNDS. |
| SCHEDULE I, PART II, COLUMN G, LINE 1 | U.S. AIR FORCE ACADEMY PURPOSE OF GRANT: SUPPLEMENT FUNDING OF THE U.S. AIR FORCE ACADEMY FOR ACADEMICS, CADET ACTIVITIES, AND REAL PROPERTY IMPROVEMENTS. |
| SCHEDULE I, PART II, COLUMN G, LINE 2 | AIR FORCE ACADEMY ATHLETIC ASSOCIATION PURPOSE OF GRANT: PROVIDE GENERAL SUPPORT FOR ATHLETIC PROGRAMS ON THE U.S. AIR FORCE ACADEMY. |
| SCHEDULE I, PART II, COLUMN G, LINE 3 | ASSOCIATION OF GRADUATES PURPOSE OF GRANT: GENERAL ASSISTANCE TO SUPPORT ASSOCIATION PROGRAMS. |
| SCHEDULE I, PART II, COLUMN G, LINE 4 | FALCON FOUNDATION PURPOSE OF GRANT: GENERAL SUPPORT FOR FOUNDATION OPERATIONS. |
| SCHEDULE I, PART II, COLUMN G, LINE 5 | ACADEMY RESEARCH AND DEVELOPMENT INSTITUTE PURPOSE OF GRANT: GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS. |
| SCHEDULE I, PART II, COLUMN G, LINE 6 | BOLT BROTHERHOOD PURPOSE OF GRANT: SUPPORT FOR AN EVENT TO ENGAGE WITH AIR FORCE ACADEMY FOOTBALL ALUMNI. |
| SCHEDULE I, PART III, COLUMN (B), LINE 1-2 | COLUMN B REPORTS THE NUMBER OF SCHOLARSHIP AND FINANCIAL ASSISTANCE RECIPIENTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KELLY BANET | ||||||||||||||
| EXECUTIVE VICE PRESIDENT OF DEVELOPM | $222,169 | $0 | $950 | $0 | $0 | $0 | $51,869 | $0 | $27,959 | $0 | $302,947 | $0 | $0 | $0 |
| MARK D HILLE | ||||||||||||||
| PRESIDENT & CEO | $173,992 | $0 | $23,000 | $0 | $29,234 | $0 | $37,387 | $0 | $14,223 | $0 | $277,836 | $0 | $29,234 | $0 |
| KATIE WILLEMARK | ||||||||||||||
| CFO | $127,344 | $0 | $500 | $0 | $0 | $0 | $27,921 | $0 | $7,050 | $0 | $162,815 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | THE ORGANIZATION MAINTAINS A NONQUALIFIED SECTION 457(F) DEFERRED COMPENSATION ARRANGEMENT UNDER WHICH EXECUTIVE EMPLOYEES MAY EARN ADDITIONAL COMPENSATION OVER A FOUR-YEAR PERIOD, WITH INTEREST, SUBJECT TO CONTINUED SERVICE THROUGH THE FOUR-YEAR PERIOD ENDING ON DECEMBER 31ST, AND SPECIFIED FORFEITURE, TERMINATION, PERFORMANCE-GOAL, AND PAYOUT ELECTION PROVISIONS. DEFERRED COMPENSATION PROVIDED UNDER A SECTION 457(F) PLAN IS REPORTED ON SCHEDULE J AS EMPLOYER CONTRIBUTIONS TO DEFERRED COMPENSATION PRIOR TO VESTING AND IS INCLUDED IN THE EXECUTIVE'S FORM W-2 AS TAXABLE WAGES IN THE YEAR THE AMOUNTS BECOME SUBSTANTIALLY VESTED. ACTUAL CASH PAYMENTS UNDER THE ARRANGEMENT MAY OCCUR AT A LATER DATE AND THEREFORE MAY NOT COINCIDE WITH THE YEAR OF W-2 REPORTING OR VESTING. PLEASE REVIEW SCHEDULE J, COLUMN (F) FOR 457F COMPENSATION AMOUNTS REPORTED IN INDIVIDUAL'S CURRENT YEAR W2, BUT WOULD HAVE BEEN REPORTED AS AN EMPLOYER PAID BENEFIT IN A PRIOR YEAR, ON THE FORM 990. THE EMPLOYER'S CONTRIBUTION TO THIS PLAN FOR THE YEAR ENDED DECEMBER 31ST, 2025, FOR THE INDIVIDUALS LISTED ON THE FORM 990, PART VII, ARE AS FOLLOWS: MARK HILLE: $29,234 KATIE WILLEMARCK: $20,000. KELLY BANET: $38,000. |
| PART I, LINE 7 | BONUSES WERE PAID TO ALL QUALIFYING EMPLOYEES, SUBJECT TO APPROVAL BY THE COMPENSATION AND EXECUTIVE COMMITTEES. |
| SCHEDULE J, PART II, LINE 1 & 2 | SEE SCHEDULE O DISCLOSURE REFERENCING FORM 990, PART VII, COLUMN (D), COLUMN (F), AS RELATED TO THE COOPERATIVE OPERATING AGREEMENT WITH THE ASSOCIATION OF GRADUATES OF THE AIR FORCE ACADEMY (AOG). |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 26 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,717,198 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | 2025 USAFA FOOTBALL TICKETS | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $154 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 32B: | AIR FORCE ACADEMY USED LEGENDS SALES & MARKETING, LLC, A TELEMARKETER, TO SOLICIT CONTRIBUTIONS. THE ORGANIZATION USES A BROKERAGE FIRM TO SELL DONATED STOCK. THE ORGANIZATION ALSO USES A REAL ESTATE BROKER TO SELL REAL ESTATE. |
| PART I, LINE 33: | $1,690,105 WORTH OF STOCK WAS RECEIVED AS PAYMENT ON PRIOR YEAR PLEDGES. THESE AMOUNTS ARE RECOGNIZED IN INCOME IN PRIOR YEARS AND ARE NOT REPORTED ON SCHEDULE M. |
| SCHEDULE M, PART I, COLUMN (B) | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | SEVERAL INDIVIDUALS OF THE BOARD OF DIRECTORS FOR THE AIR FORCE ACADEMY FOUNDATION (AFAF), ALSO SERVE AS EITHER A BOARD DIRECTOR OR AN OFFICER OF THE RELATED ORGANIZATION AIR FORCE ACADEMY FOUNDATION REAL ESTATE TRUST (AFAF R/E) AND/OR ON THE UNRELATED, NON-PROFIT ORGANIZATION, ASSOCIATION OF GRADUATES OF THE U.S. AIR FORCE ACADEMY (AOG). BOARD OFFICERS, MARK HILLE, CEO, KATIE WILLEMARCK, CFO, AND KELLY BANET, EXECUTIVE VP OF DEVELOPMENT ARE DEEMED COMPENSATED EMPLOYEES OF THE AFAF AND AOG. SINCE BOTH BOARD MEMBERS OF AFAF, AFAF R/E, AND THE COMPENSATED OFFICERS OF AFAF AND AOG, ALL SERVE ON THE FILING ORGANIZATION SIMULTANEOUSLY, THESE INDIVIDUALS ARE DEEMED TO HAVE A "BUSINESS" RELATIONSHIP, BASED ON THE IRS DEFINITION OF THE BUSINESS RELATIONSHIP. THE FOLLOWING BOARD DIRECTORS HAVE A BUSINESS RELATIONSHIP: MARK HILLE, KATIE WILLEMARCK, KELLY BANET, KEVIN O'NEIL, JACK KUCERA, EVAN DADOSKY, AND ALEXANDER P. GILBERT. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION PROVIDED THE FORM 990 TO THE ORGANIZATION'S BOARD AND AUDIT COMMITTEE FOR REVIEW AND COMMENT BEFORE IT WAS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AND ANNUALLY SOLICITS CONFLICT OF INTEREST INFORMATION FROM BOARD MEMBERS AND OFFICERS. COMPLIANCE WITH OUR CONFLICT-OF-INTEREST POLICY IS EMPHASIZED DURING REGULAR BOARD MEETINGS BY THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE CEO AND OTHER OFFICERS IS ANNUALLY DETERMINED BY THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF DIRECTORS. IN ACCORDANCE WITH THEIR POLICY, THE COMMITTEE MAKES SALARY RECOMMENDATIONS TO THE BOARD BASED ON A REVIEW OF CORROBORATING REFERENCES. THE BOARD VOTES ON ANY CHANGES TO SALARY AND IMPLEMENTS THEM ACCORDINGLY. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES KEY FINANCIAL, POLICY, AND OTHER INFORMATION TO THE PUBLIC VIA THE WEBSITE WWW.USAFA.ORG. ANY DOCUMENTS THAT ARE A MATTER OF PUBLIC RECORD AND ARE NOT AVAILABLE ON THE WEBSITE ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 17: | THE ORGANIZATION HAS REGISTERED OR BEEN NOTIFIED THAT REGISTRATION IS NOT REQUIRED IN ALL 50 U.S. STATES. A COPY OF THE 990 IS FILED WITH ALL STATES REQUIRING THE FILING OF FORM 990 TO FULFILL STATE EXEMPT ORGANIZATION OR CHARITABLE SOLICITATION REPORTING REQUIREMENTS. |
| FORM 990 PART VII | FORM 990, PART I, LINE 5 AND 990, PART VI, LINE 2A / 2B FORM 990, PART VII, COLUMN (D), COLUMN (F) FORM 990, PART VII, LINE 5, SCHEDULE J, PART II, LINE 1 THE FILING ORGANIZATION, AIR FORCE ACADEMY FOUNDATION (AFAF), PARTICIPATES IN A COOPERATIVE OPERATING AGREEMENT WITH THE ASSOCIATION OF GRADUATES OF THE U.S. AIR FORCE ACADEMY (AOG). THE AGREEMENT PROVIDES FOR SHARED SERVICES INCLUDING OFFICE SPACE, FURNITURE AND EQUIPMENT, DATA ENTRY SERVICES, MAIL AND CHECK PROCESSING SERVICES, AND INFORMATION TECHNOLOGY SUPPORT. ADDITIONALLY, AS PART OF THE COOPERATIVE OPERATING AGREEMENT, THE ORGANIZATIONS ARE UNDER A COMMON PAYMASTER AGREEMENT WHICH INCLUDES SHARED LEADERSHIP COSTS FOR THE CHIEF EXECUTIVE OFFICER (CEO) AND ALL OTHER SHARED STAFF. AS OF 2024, THE AIR FORCE ACADEMY FOUNDATION BECAME THE EMPLOYER OF RECORD, FILING ALL PERTINENT TAX DOCUMENTS ON A QUARTERLY AND ANNUAL BASIS AS NEEDED, INCLUDING MAKING REQUIRED TAX DEPOSITS. HOWEVER, AS THE INDIVIDUALS MEET THE DEFINITION OF COMMON LAW EMPLOYEES OF BOTH THE AOG AND THE AFAF, ONLY THE AFAF'S PORTION OF SALARIES/WAGES ARE REFLECTED ON FORM 990, PART VII, SECTION A, COLUMN D AND E, AND ON FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSE, LINES 5 THROUGH 10, AS INSTRUCTED PER IRS GUIDELINES. |
| FORM 990, PART XI, LINE 9: | WRITE OFF OF PRIOR YEAR UNCOLLECTIBLE PLEADGES -1,651,092. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 3,088. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIR FORCE ACADEMY REAL ESTATE TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3115 ACADEMY DRIVE | AddressLine1Txt |
| City | USAF ACADEMY | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80940 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 861379592 | EIN |
| Primary Activities | SEE PART VII | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Exempt Code Section | 501 (C) (3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AFA FND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| AIR FORCE ACADEMY REAL ESTATE TRUST | ||
| A | $4,376 | CASH-INTEREST |
| AIR FORCE ACADEMY REAL ESTATE TRUST | ||
| R | $132,440 | LOAN FORGIVENESS BALANCE |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH R, PART II, LINE 1B | FormAndLineReferenceDesc |
| Explanation | PRIMARY ACTIVITY OF THE AIR FORCE REAL ESTATE TRUST IS TO ALIGN DONOR PASSION AND GENEROSITY TO SERVE AND SUPPORT THE AIR FORCE ACADEMY THROUGH THE AIR FORCE ACADEMY FOUNDATION. | ExplanationTxt |