Aec Foundation
- Assets
- $48.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cherokee, OK
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 20-0832182
Organization Overview
Aec Foundation is located in Cherokee, OK. The organization was established in 2005. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aec Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Aec Foundation generated $44.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $53.7k during the year ending 12/2022. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrin Lancaster Director | 0 | $0 | |
Terry Pederson Vice President | 0 | $0 | |
Debbie Biby President | 0 | $0 | |
Paul Jackson Director | 0 | $0 | |
Stan Michael Director | 0 | $0 | |
Keith Smith Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,802 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $225 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,027 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $640 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $253 |
| Total expenses | $53,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,235 |
| Other assets | $0 |
| Total assets | $48,235 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,235 |