Aoc Educational Foundation INC EIN 54-1520328 Form 990 (PDF) Claim this org

Aoc Educational Foundation INC

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Gives awards and scholarships to qualified students. For fiscal year 2024 it reported $165K in revenue, $133K in expenses, and $995K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Alexandria, VA
Filings
5 on file (2020–2024)
Revenue
$165KFY2024
Expenses
$133K
Net assets
$995K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1520328 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Gives awards and scholarships to qualified students.
Leadership
Brian Hinkley · President
Money in and out
$165K revenue, $133K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$995K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $31K
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
89.8mo
months of highly liquid reserves at operating expense rate▲ +45% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$165K
FY2024▼ -24%
Expenses
$133K
FY2024▼ -24%
Total assets
$995K
FY2024▲ +11%
Total liabilities
$0
FY2024
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$995K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$995K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAoc Educational Foundation INC
EINHdr · item D54-1520328
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1987

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
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
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
International Representati
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $133K of program spending, described in the organization's own filed words · FY2024.
01

Each educational foundation chapter provides awards and scholarships to qualified recipients

$133Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$66K · 40%
Program service revenue$54K · 33%
Investment income$44K · 27%
Contributions & grants40%$66K
Program service revenue33%$54K
Investment income27%$44K
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$133K
Total functional expensesLn 25$133K

Balance Sheet

Part X · end of year
CashLn 1$995K
Total assetsLn 16$995K
Total liabilitiesLn 26$0
Total net assetsLn 32$995K
Months of cash on handcomputed89.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $995K · Operating expenses/yr $133K
89.8 months
Where the money goes
Program services
Program services $133K · Total expenses $133K
100%
Management & General
Management & general $0 · Total expenses $133K
0%
Fundraising
Fundraising $0 · Total expenses $133K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $65K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $66K · Total revenue $165K
40%
Government reliance
Government grants — · Total revenue $165K
Earned-income share
Program service revenue $54K · Total revenue $165K
33%
Investment reliance
Investment income $44K · Total revenue $165K
+27%
Program self-sufficiency
Program service revenue $54K · Total expenses $133K
41%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $217K
-24%
Revenue CAGR
FY2020 $189K · FY2024 $165K
-3%
Net-asset trend (YoY)
End of year $995K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $133K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $995K
Net-asset ratio
Net assets $995K · Total assets $995K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $995K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Hinkley · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $133K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $133K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -24%

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 · this organization's grantmaking
Grants paid · 5 grants · $718K · 2020–2024
Unitemized GrantFY2024$105,224
Unitemized GrantFY2023$154,083
Unitemized GrantFY2022$176,489
Unitemized GrantFY2021$138,188
Unitemized GrantFY2020$144,277

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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 (Latest)$165K revenue · viewing · ⤓ 990 PDF
FY2023$217K revenue · ⤓ 990 PDF
FY2022$161K revenue · ⤓ 990 PDF
FY2021$175K revenue · ⤓ 990 PDF
FY2020$189K 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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