Air Force Academy Spouses Club is located in Usaf Academy, CO. The organization was established in 1961. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Air Force Academy Spouses Club 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 05/2024, Air Force Academy Spouses Club generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $55.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A SERVICE AND PROMOTE A PROFITABLE OPERATION WITH THE PROCEEDS FROM THE OPERATION TO FUND SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katharine Maguire President | 0 | $0 | |
Amy Clark Honorary Pre | 0 | $0 | |
Melissa Umholtz Welfare Trea | 0 | $0 | |
Robin Warner Advisor | 0 | $0 | |
Sarah Husemann Advisor | 0 | $0 | |
Deborah Marks Advisor | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,005 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $23,968 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,545 |
Professional fees and other payments to independent contractors | $8,135 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $124 |
Other expenses | $13,634 |
Total expenses | $55,675 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,749 |
Other assets | $0 |
Total assets | $43,070 |
Total liabilities | $913 |
Net assets or fund balances | $42,157 |