Afcea - Washington Dc Chapter Educational Foundation EIN 52-1523012

Afcea - Washington Dc Chapter Educational Foundation

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Awards scholarships and funds educational initiatives in STEM fields to support the communications, electronics, and national defense industries. For fiscal year 2024 it reported $79K in revenue, $75K in expenses, and $-48K in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Nonprofit
Location
Falls Church, VA
Website
dc.afceachapters.org
Filings
5 on file (2020–2024)
Revenue
$79KFY2024
Expenses
$75K
Net assets
$-48K
People
36
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-1523012 Public charity (501(c)(3)) Falls Church, VA Founded 1997
Form 990 (PDF)
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Size
<$100K
What they do
Awards scholarships and funds educational initiatives in STEM fields to support the communications, electronics, and national defense industries.
Leadership
Becci Defrank · President
Money in and out
$79K revenue, $75K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$79K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate▲ +33% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +115% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$79K
FY2024▲ +21%
Expenses
$75K
FY2024▼ -13%
Total assets
$15K
FY2024▲ +11%
Total liabilities
$63K
FY2024▼ -4%
Total revenue
$79K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$15K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 339
Independent voting membersPt I · Ln 439
Mission & Programs · Part III

Where the work happens

2 program services account for $75K of program spending, described in the organization's own filed words · FY2024.
01

Scholarship programs promotes higher education in engineering, mathematics, and science by providing educational scholarships to worthy students.

$75Kprogram expense
02

Contributions are also provided in support of international education initiatives and educational scholarships award by like-minded entities.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAfcea - Washington Dc Chapter Educational Foundation
EINHdr · item D52-1523012
Principal addressHdr · item CFalls Church, VA
WebsiteHdr · item Jdc.afceachapters.org
Year of formationHdr · item L1997
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a39
Independent voting membersPt VI · Ln 1b39
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Executive Vice President
$0Pt VII · Sec A
Senior Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President at Large
$0Pt VII · Sec A
Vice President, Chapter Operations
$0Pt VII · Sec A
Vice President, Communications
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$79K
Total revenueLn 12$79K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$75K
Total functional expensesLn 25$75K

Balance Sheet

Part X · end of year
CashLn 1$15K
Total assetsLn 16$15K
Total liabilitiesLn 26$63K
Total net assetsLn 32$-48K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $15K · Operating expenses/yr $75K
2.4 months
Where the money goes
Program services
Program services $75K · Total expenses $75K
100%
Management & General
Management & general $0 · Total expenses $75K
0%
Fundraising
Fundraising $0 · Total expenses $75K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $108K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $79K · Total revenue $79K
100%
Government reliance
Government grants — · Total revenue $79K
Earned-income share
Program service revenue $0 · Total revenue $79K
0%
Investment reliance
Investment income $0 · Total revenue $79K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $75K
0%
Growth & trend
Revenue growth (YoY)
This year $79K · Prior year $65K
+21%
Net-asset trend (YoY)
End of year $-48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $79K · Expenses $75K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $15K
Net-asset ratio
Net assets $-48K · Total assets $15K
-327%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $15K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Becci Defrank · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $75K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $75K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 21%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$180K
Grants paid · 6 grants · $834K · 2019–2024
Unitemized GrantFY2024$74,800
Unitemized GrantFY2023$92,194
Unitemized GrantFY2022$193,306
Unitemized GrantFY2021$195,500
Unitemized GrantFY2020$101,000
Unitemized GrantFY2019$176,750

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$65K revenue · ⤓ 990 PDF
FY2023$180K revenue · ⤓ 990 PDF
FY2022$120K revenue · ⤓ 990 PDF
FY2021$212K revenue · ⤓ 990 PDF
FY2020$5K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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