Armed Forces Communications and Electronics Association FY2023 filing

Not tax-deductible

Fairfax, VA501(c)(6)Since 1946Mutual / membership EIN 53-0180161Revenue $20.6M in FY2023

On file with the IRSafcea.org4114 Legato Rd Ste 1000, 22033-3342 · Fairfax, VATax-exempt since Sep 1982

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See part III, line 1

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $102K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$2.4M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $15.0M in investments, Pt X · Ln 11–13
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12.2M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
101
of 101 voting members
Looks good: 101 of 101 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$20.6M
-8% vs prior year
Spent
$23.0M
Net assets
$7.8M
By yearFY2020–FY2024
Revenue
$20.6M
FY2023▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.0M
FY2021$12.8M
FY2022$22.4M
FY2023$20.6M
FY2024$26.1M
Expenses
$23.0M
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$14.5M
FY2021$12.6M
FY2022$19.4M
FY2023$23.0M
FY2024$25.0M
Net assets
$7.8M
FY2023▼ -19%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.2M
FY2021$10.0M
FY2022$9.6M
FY2023$7.8M
FY2024$11.6M

From the FY2023 Form 990 (year ending September 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1982.

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

Who runs it and what they're paid

109 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$706,395Pt VII · Sec A
EVP, CFO and Treasurer
$403,132Pt VII · Sec A
Executive VP, National Security and Defense
$348,374Pt VII · Sec A
VP, CIO/CTO
$232,603Pt VII · Sec A
VP, Intelligence
$217,728Pt VII · Sec A
VP, HR & Support, Director
$210,966Pt VII · Sec A
VP, Operations, National Security and Defense
$138,724Pt VII · Sec A
VP, Marketing and Communications
$113,277Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ltgen Robert Shea Usmc Ret——$1,021,327$571,843$754,494
Ltg Susan Lawrence USA Ret$822,696$706,395———
Patrick Miorin$433,120$403,132$380,710$293,491$350,882
Paul Fredenburgh III$377,804$348,374———
John Wood——$321,855$286,197$334,220
James Griggs$201,809$232,603$213,834——
Ray Cross$230,881$217,728$206,108$190,500$196,358
Michael Warlick——$226,162——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Hosts events and forums to discuss technology needs and future requirements for the armed forces.

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Provided by the organization

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3 programs · in their own filed words · FY2022
01

Membership

The afcea membership department serves afcea members by providing an ethical forum for the exchange of information. It develops and implements policies that enhance the recruitment and retention of new and existing individual and corporate members.

Pt IX · col B
02

Publications

Afcea publishes signal, a monthly international news magazine serving the critical information needs of government, military, and industry professionals. Other periodicals include signal connections (online publication), the source book and the various source directories, social media outlets, and signal kids (quarterly publication).

Pt IX · col B
03

Events, Conventions, and Symposia

Afcea executes approximately 15 events annually. The events provide and facilitate for ethical forums for the discussion of needs and future requirements of the armed forces as they relate to technology; attendees at these events include individuals from government, industry, and academia.

Pt IX · col B

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 · FY2022
Total grants receivedfrom 1 funder$20K
Grants paid · 5 grants · $527K · 2019–2023

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$20.6M
Ln 12
Fees for servicesLn 2g$19.3M
Investment incomeLn 3$1.0M
Other incomeLn 4–11$263K
Money outPt IX
$23.0M
Ln 25
Owns and owesPt X
$7.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$20.0M
LiabilitiesLn 26$12.2M
PeoplePt VI, VII
109
listed · VII A
PaidVII A8
Voting boardVI 1a101
IndependentVI 1b101
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$19.3M
Investment incomeLn 3$1.0M
Other incomeLn 4–11$263K
Gains on assetsLn 7$440K
Total revenueLn 12$20.6M
Assets in detailPt X, end of year
CashLn 1$800K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.7M
InvestmentsLn 11–13$15.0M
Land, buildings, equipmentLn 10c$506K
Other assetsLn 15$607K
Total assetsLn 16$20.0M
LiabilitiesLn 26$12.2M
Net assetsLn 32$7.8M
OperationsPt I, VI
EmployeesI 565
VolunteersI 61,900
Fiscal year endsHeaderSeptember
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 FY23End FY23
Cash and savingsLn 1–2$4.5M$2.7M
InvestmentsLn 11–13$12.9M$15.0M
Land, buildings, equipmentLn 10c$638K$506K
Total assetsLn 16$20.5M$20.0M
LiabilitiesLn 26$10.9M$12.2M
Net assetsLn 32$9.6M$7.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$86K
Pay of current officers, directors and key staffLn 5$1.6M
Other salaries and wagesLn 7$5.4M
Pension plan contributionsLn 8$263K
Other employee benefitsLn 9$308K
Payroll taxesLn 10$460K
Legal feesLn 11b$550K
Accounting feesLn 11c$43K
Other fees for servicesLn 11g$520K
Advertising and promotionLn 12$428K
Office expensesLn 13$909K
Information technologyLn 14$57K
OccupancyLn 16$647K
TravelLn 17$374K
Conferences, conventions and meetingsLn 19$10.8M
Depreciation, depletion and amortizationLn 22$167K
InsuranceLn 23$116K
Other expenses (24a–d)Ln 24$277K
All other expensesLn 24e$52K
Total functional expensesLn 25$23.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $26.1M$25.0M$1.1M$11.6M 990 PDF
FY2023 Viewing $20.6M$23.0M−$2.4M$7.8M 990 PDF
FY2022 $22.4M$19.4M$3.0M$9.6M 990 PDF
FY2021 $12.8M$12.6M$258K$10.0M 990 PDF
FY2020 $13.0M$14.5M−$1.5M$8.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $20,611,091 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $21,145,224$19,312,872
I-10 Investment incomePrior year $798,874$1,035,495
I-11 Other revenuePrior year $461,188$262,724
I-12 Total revenuePrior year $22,405,286$20,611,091
I-13 Grants and similar amounts paidPrior year $84,500$85,650
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,302,314$8,017,867
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $12,020,908$14,908,199
I-18 Total expensesPrior year $19,407,722$23,011,716
I-19 Revenue less expensesPrior year $2,997,564−$2,400,625
Part VI · Governance 101 of 101 board members independent, no flags
VI-1a Voting members of the governing body101
VI-1b Independent voting members101
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $20,611,091 across 4 lines filed
Lines not itemized here account for $262,724 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,439,103 · Unrelated business $873,769$19,312,872
VIII-3 Investment incomeExcluded from tax $595,431$595,431
VIII-7 Net gain or loss on sales of assetsExcluded from tax $440,064$440,064
VIII-12 Total revenueRelated to mission $18,701,827 · Unrelated business $873,769 · Excluded from tax $1,035,495$20,611,091
Part IX · Statement of functional expenses $23,011,716 across 19 lines filed
IX-1 Grants to domestic organizations$85,650
IX-5 Pay of current officers, directors and key staff$1,591,269
IX-7 Other salaries and wages$5,395,702
IX-8 Pension plan contributions$263,326
IX-9 Other employee benefits$308,057
IX-10 Payroll taxes$459,513
IX-11b Legal fees$550,477
IX-11c Accounting fees$42,740
IX-11g Other fees for services$519,947
IX-12 Advertising and promotion$427,544
IX-13 Office expenses$908,872
IX-14 Information technology$56,727
IX-16 Occupancy$646,577
IX-17 Travel$374,418
IX-19 Conferences, conventions and meetings$10,768,764
IX-22 Depreciation, depletion and amortization$166,988
IX-23 Insurance$115,902
IX-24 Other expenses (24a–d)$277,367
IX-24e All other expenses$51,876
IX-25 Total functional expenses$23,011,716
Part X · Balance sheet $20,013,723 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,073,559$799,851
X-2 Savings and temporary cash investmentsStart of year $3,451,552$1,924,313
X-4 Accounts receivableStart of year $1,446,756$612,253
X-8 Inventories for sale or useStart of year $176$2,496
X-9 Prepaid expenses and deferred chargesStart of year $337,761$523,130
X-10c Land, buildings and equipment, netStart of year $637,866$505,573
X-11 Publicly traded securitiesStart of year $12,887,470$15,038,890
X-15 Other assetsStart of year $627,381$607,217
X-16 Total assetsStart of year $20,462,521$20,013,723
X-17 Accounts payable and accrued expensesStart of year $2,381,663$2,968,951
X-19 Deferred revenueStart of year $7,885,518$8,585,565
X-25 Other liabilitiesStart of year $618,124$657,773
X-26 Total liabilitiesStart of year $10,885,305$12,212,289
X-27 Net assets without donor restrictionsStart of year $9,577,216$7,801,434
X-32 Total net assets or fund balancesStart of year $9,577,216$7,801,434
X-33 Total liabilities and net assetsStart of year $20,462,521$20,013,723
Part XI · Reconciliation of net assets $7,801,434 net assets at year end
XI-1 Total revenue$20,611,091
XI-2 Total expenses$23,011,716
XI-3 Revenue less expenses−$2,400,625
XI-4 Net assets at start of year$9,577,216
XI-5 Net unrealized gains (losses) on investments$654,541
XI-8 Prior period adjustments−$32,015
XI-9 Other changes in net assets$2,317
XI-10 Net assets at end of year$7,801,434

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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