Azfirst EIN 84-1635446

Azfirst FY2021 filing

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Inspires young students to appreciate community service through charitable work. For fiscal year 2021 it reported $137K in revenue, $67K in expenses, and $574K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Chandler, AZ
Filings
5 on file (2021–2021)
Revenue
$137KFY2021
Expenses
$67K
Net assets
$574K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1635446 Public charity (501(c)(3)) Chandler, AZ
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Inspires young students to appreciate community service through charitable work.
Leadership
Rich Simoncic · President Director
Money in and out
$137K revenue, $67K expenses
Bottom line
100% program efficiency
Where the money goes · FY2021
Total revenue
$137K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$574K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $70K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
103.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+51%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$137K
FY2021
Expenses
$67K
FY2021
Total assets
$574K
FY2021
Total liabilities
$0
FY2021
Total revenue
$137K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$574K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$70K
Total assetsPt X · Ln 16$574K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $67K of program spending, described in the organization's own filed words · FY2020.
01

FIRST (For Inspiration and Recognition of Science and Technology) presents an engineering challenge to high school teams where students build robots for competition. In 2021, regional events were held virtually with Arizona and Nevada teams combining and participating in "at-home challenges".

$38Kprogram expense
02

During the tax year two $2,000 scholarships were awarded to two students, one $2,000 scholarship was awarded to 4 students, two $500 scholarships were awarded to 1 student and one $500 scholarship was awarded to 2 students.

$18Kprogram expense
03

The employee supplemental assistance program was designed to provide an opportunity for individuals and organizations to make monetary donations to assist employees of Microchip Technology Incorporated in need of immediate assistance for reasons beyond the applicants control because of economic hardship and poverty.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAzfirst
EINHdr · item D84-1635446
Principal addressHdr · item CChandler, AZ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20)
Ruling yearIRS BMFOct 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President Director
$0Pt VII · Sec A
Vice President Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Azfirst executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$137K
Total revenueLn 12$137K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$67K
Total functional expensesLn 25$67K

Balance Sheet

Part X · end of year
CashLn 1$574K
Total assetsLn 16$574K
Total liabilitiesLn 26$0
Total net assetsLn 32$574K
Months of cash on handcomputed103.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $574K · Operating expenses/yr $67K
103.1 months
Where the money goes
Program services
Program services $67K · Total expenses $67K
100%
Management & General
Management & general $0 · Total expenses $67K
0%
Fundraising
Fundraising $0 · Total expenses $67K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $137K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $137K · Total revenue $137K
100%
Government reliance
Government grants — · Total revenue $137K
Earned-income share
Program service revenue $0 · Total revenue $137K
0%
Investment reliance
Investment income $0 · Total revenue $137K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $67K
0%
Growth & trend
Revenue growth (YoY)
This year $137K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $574K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $137K · Expenses $67K
+51%
Liabilities-to-Assets
Total liabilities — · Total assets $574K
Net-asset ratio
Net assets $574K · Total assets $574K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $574K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rich Simoncic · Reported title President Director · Highest reported compensation $0 · Total expenses $67K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $67K
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%

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 · FY2024
See all 5 funders →
Grants paid · 3 grants · $159K · 2022–2024
Unitemized GrantFY2024$65,000
Unitemized GrantFY2023$55,500
Unitemized GrantFY2022$38,500

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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
FY2025 (Latest)$247K revenue · ⤓ 990 PDF
FY2024$222K revenue · ⤓ 990 PDF
FY2023$136K revenue · ⤓ 990 PDF
FY2022$176K revenue · ⤓ 990 PDF
FY2021$137K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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