Afcea Educational Foundation
- Assets
- $90.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 52-1482908
Organization Overview
Afcea Educational Foundation is located in Montgomery, AL. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Afcea Educational 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 12/2021, Afcea Educational Foundation generated $80.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $41.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. 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
PROMOTES IT INTEGRATION IN CLASSROOMS ACROSS THE RIVER REGION AS WELL AS TO RECOGNIZE HARDWORKING STUDENTS AND TEACHERS THROUGH A VARIETY OF SCHOLARSHIPS, GRANTS AND DISTINGUISHED AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Sloan Director | 5 | $0 | |
Cheryl Brown Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $90 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,090 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,697 |
| Total expenses | $41,047 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,534 |
| Other assets | $0 |
| Total assets | $90,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,534 |
Peer Organizations
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|---|---|---|
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Alabama High School Athletic Association Montgomery, AL | $12,167,526 | $9,029,142 |
River City Education Organization Inc Jacksonville, FL | $21,815,598 | $7,864,021 |
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Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
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University Of North Florida Financing Corporation Jacksonville, FL | $185,430,007 | $11,542,145 |
Auxiliary Services Foundation Memphis, TN | $24,476,321 | $9,276,607 |
Georgia College & State University Foundation Inc Milledgeville, GA | $66,057,685 | $10,177,448 |
Highlands Day School Foundation Birmingham, AL | $18,906,069 | $7,689,613 |
Georgia Southern University Foundation Inc Statesboro, GA | $119,816,237 | $13,421,593 |