Falconworks
- Assets
- $32.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 20-1351869
Organization Overview
Falconworks is located in Colorado Springs, CO. The organization was established in 2005. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falconworks 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 12/2021, Falconworks generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $9.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PROJECTS FOR 2016, 2017, 2018, 2019, 2020 AND 2021 WERE:INITIATED IN 2015: NEUROGROOVE IS DEVELOPING A HEAD MOUNTED SENSOR DRIVEN SYSTEM TO ALLOW QUADRAPLEGICS TO EVENTUALLY DRIVE AN AUTOMOBILE. THE FIRST DEVELOPMENTS ALLOW DRIVING A WHEEL CHAIR. COMPLETED IN 2019.INITIATED IN 2019: WEARABLE COOLING SYSTEM FOR QUADRIPLEGICS WITH BIOMETRIC CONTROLS. COMPLETED IN 2020.INITIATED IN 2020 AND CONTINUING THROUGH 2021: GAZE TRACKING SYSTEM FOR SEVERE QUADRIPLEGICS WITH NO NECK CONTROL TO USE EYE GAZE ONLY TO MANEUVER THEIR WHEELCHAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duncan Stewart Pres & Chairman | 2 | $0 | |
Timothy Worrall JD PHD Director | 0.25 | $0 | |
Joan B Selman Director | 0.25 | $0 | |
Don Holmes Director | 0.25 | $0 | |
Mark Valentine Director | 0.25 | $0 | |
Dr Dexanne Clohan Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,068 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,080 |
| 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 | $1,095 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,610 |
| Total expenses | $9,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,637 |
| Other assets | $0 |
| Total assets | $32,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,627 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Falconworks has recieved totaling $15,835.
| Awarding Organization | Amount |
|---|---|
Scott Community Foundation Scott City, KS PURPOSE: SUPPORT | $10,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,835 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
All Faiths Albuquerque, NM | $12,930,132 | $9,403,704 |
Our Family Services Inc Tucson, AZ | $8,578,822 | $6,699,497 |
Womens Center For Advancement Omaha, NE | $13,125,965 | $5,924,941 |
Family Involvement Center Phoenix, AZ | $1,719,501 | $6,344,827 |
Arizonans For Children Inc Tempe, AZ | $2,161,969 | $5,146,795 |
Parent Child Center Of Tulsa Inc Tulsa, OK | $4,040,349 | $4,809,536 |
Hopelight Medical Clinic Longmont, CO | $1,085,503 | $4,151,967 |
Mercy Housing Mountain Plains Denver, CO | $31,478,195 | $6,546,947 |
American Indian Cultural Center Foundation Oklahoma City, OK | $17,807,997 | $4,962,101 |
Eves Place Inc Peoria, AZ | $2,076,480 | $4,110,555 |
Focus Points Family Resource Center Denver, CO | $1,650,754 | $3,092,299 |
Mops International Inc Denver, CO | $4,142,293 | $3,724,711 |