philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Afcea Education Foundation FY2024 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)Since 1955EIN 52-1580757Revenue $6.3M in FY2024

On file with the IRSafcearockymtn.orgPo Box 63054, 80962-3054 · Colorado Spgs, COTax-exempt since Oct 1984Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To offer annual scholarships and grants for students and teachers in science, technology, engineering and math (stem).

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.1M a year · 72% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $700K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.3M
×12 vs prior year
Spent
$471K
To programs
99%
Net assets
$9.9M
By yearFY2020–FY2025
Revenue
$6.3M
FY2024▲ ×12
Tap a bar for its year
Revenue by fiscal year
FY2020$243K
FY2021$293K
FY2022$645K
FY2023$533K
FY2024$6.3M
FY2025$1.1M
Expenses
$471K
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$236K
FY2021$303K
FY2022$541K
FY2023$427K
FY2024$471K
FY2025$552K
Net assets
$9.9M
FY2024▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.4M
FY2021$7.1M
FY2022$4.9M
FY2023$8.1M
FY2024$9.9M
FY2025$10.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $466K Management & general 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Russ Fellers
VP, Educatio
$0Pt VII · Sec A
Jason Simmons
Symposium Co
$0Pt VII · Sec A
Brian Sroufe
VP, Awards
$0Pt VII · Sec A
Cody Goodin
VP, Emerging
$0Pt VII · Sec A
Shane Deichman
VP, Corp Aff
$0Pt VII · Sec A
$0Pt VII · Sec A
See Afcea Education Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides scholarships and grants for students and teachers in STEM fields.

Questions for Afcea Education Foundation

Tap to ask. Afcea Education Foundation sees how many people are interested.

Your first name shows with your question. Afcea Education Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $466K · in their own filed words · FY2024
01

2024 accomplishments: the rocky mountain chapter (RMC) gained 75 new members and 18 new corporate memberships, furthering the chapter's commitment to increase its presence in the community.

$466Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Rocky Mountain ChapterFY2025$700K
Total grants receivedfrom 1 funder$700K
Grants paid · 40 grants · $1.3M · 2022–2025
Regents of the University of ColoradoCO · FY2025$75,000
The Scripps Howard FoundationOH · FY2025$65,000
Pikes Peak BestCO · FY2025$65,000
Goodwill of ColoradoCO · FY2025$50,000
Colorado Springs SchoolFY2025$13,500
Harrison School DistrictFY2025$10,199
Community Partnership for Child DevelopmentCO · FY2025$10,000
Otero Elementary SchoolFY2025$8,100
Carson Middle SchoolFY2025$5,923
Regents of the University of ColoradoCO · FY2024$82,000
The Scripps Howard FoundationOH · FY2024$65,000
Pikes Peak BestCO · FY2024$65,000
Goodwill of ColoradoCO · FY2024$50,000
Harrison School DistrictFY2024$10,625
Community Partnership for Child DevelopmentCO · FY2024$10,000
Widefield High SchoolFY2024$9,000
Pikes Peak BestCO · FY2023$65,000
Goodwill of ColoradoCO · FY2023$50,000
See all 40 grants →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$6.3M
Ln 12
Investment incomeLn 3$5.8M
Gifts and grantsLn 1h$453K
Money outPt IX
$471K
Ln 25
Programscol B$466K
Managementcol C$5K
Owns and owesPt X
$9.9M
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$9.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$453K
Investment incomeLn 3$5.8M
Gains on assetsLn 7$5.5M
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
SavingsLn 2$64K
Cash and savings togetherLn 1–2$64K
InvestmentsLn 11–13$9.9M
Total assetsLn 16$9.9M
LiabilitiesLn 26$0
Net assetsLn 32$9.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$81K$64K
InvestmentsLn 11–13$8.0M$9.9M
Total assetsLn 16$8.1M$9.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$8.1M$9.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$292K$292K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$2K$2K
Other expenses (24a–d)Ln 24$174K$174K$49
Total functional expensesLn 25$471K$466K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$552K$544K$10.5M 990 PDF
FY2024 Viewing $6.3M$471K$5.8M$9.9M 990 PDF
FY2023 $533K$427K$106K$8.1M 990 PDF
FY2022 $645K$541K$104K$4.9M 990 PDF
FY2021 $293K$303K−$10K$7.1M 990 PDF
FY2020 $243K$236K$6K$5.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $6,289,789 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $382,646$452,611
I-9 Program service revenue$0
I-10 Investment incomePrior year $149,285$5,837,178
I-11 Other revenuePrior year $1,328$0
I-12 Total revenuePrior year $533,259$6,289,789
I-13 Grants and similar amounts paidPrior year $247,718$291,625
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $179,228$178,999
I-18 Total expensesPrior year $426,946$470,624
I-19 Revenue less expensesPrior year $106,313$5,819,165
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,289,789 across 5 lines filed
VIII-1f All other contributions, gifts and grants$452,611
VIII-1h Total contributions, gifts and grants$452,611
VIII-3 Investment incomeRelated to mission $307,488$307,488
VIII-7 Net gain or loss on sales of assetsRelated to mission $5,529,690$5,529,690
VIII-12 Total revenueRelated to mission $5,837,178$6,289,789
Part IX · Statement of functional expenses $470,624 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $291,625$291,625
IX-11c Accounting feesManagement $2,611$2,611
IX-12 Advertising and promotionManagement $2,000$2,000
IX-24 Other expenses (24a–d)Programs $174,339 · Management $49$174,388
IX-25 Total functional expensesPrograms $465,964 · Management $4,660 · Fundraising $0$470,624
Part X · Balance sheet $9,916,467 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $81,179$63,939
X-11 Publicly traded securitiesStart of year $7,992,073$9,852,528
X-16 Total assetsStart of year $8,073,252$9,916,467
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $8,073,252$9,916,467
X-32 Total net assets or fund balancesStart of year $8,073,252$9,916,467
X-33 Total liabilities and net assetsStart of year $8,073,252$9,916,467
Part XI · Reconciliation of net assets $9,916,467 net assets at year end
XI-1 Total revenue$6,289,789
XI-2 Total expenses$470,624
XI-3 Revenue less expenses$5,819,165
XI-4 Net assets at start of year$8,073,252
XI-5 Net unrealized gains (losses) on investments−$3,975,950
XI-10 Net assets at end of year$9,916,467

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.