Aeg Foundation EIN 94-3168991 Form 990 (PDF) Claim this org

Aeg Foundation FY2021 filing

Not yet claimed Claim this org →

Promotes engineering geology research, education, and public awareness through grants, scholarships, and publications. For fiscal year 2021 it reported $250K in revenue, $95K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Science & Technology
Location
Chico, CA
Website
www.aegfoundation.org
Filings
5 on file (2020–2021)
Revenue
$250KFY2021
Expenses
$95K
Net assets
$1.4M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-3168991 Public charity (501(c)(3)) Chico, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Aeg Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes engineering geology research, education, and public awareness through grants, scholarships, and publications.
Leadership
Ken Neal · President
Money in and out
$250K revenue, $95K expenses
Bottom line
37% program efficiency
Where the money goes · FY2021
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$95K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $155K
Where spending went · Part IX cols B–D
Program services $0.37 Management & general $0.62 Fundraising $0.01
Program efficiency
37%
of spending reaches programs
Operating runway
174.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+62%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$250K
FY2021▲ +32%
Expenses
$95K
FY2021▲ +16%
Total assets
$1.4M
FY2021▲ +23%
Total liabilities
$0
FY2021
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$95K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$155K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B37%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAeg Foundation
EINHdr · item D94-3168991
Principal addressHdr · item CChico, CA
WebsiteHdr · item Jwww.aegfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U99Z)
Ruling yearIRS BMFMay 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Aeg Foundation executive salaries →

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

Mission & Programs · Part III

Where the work happens

1 program service account for $35K of program spending, described in the organization's own filed words · FY2021.
01

The aeg foundation was established by three past presidents of the association of environmental and engineering geologists aeg as an independent organization in 1992. The aeg foundations vision is to develop programs that aid our profession encourage those that receive direct aid and, install donors confidence that their funds both…

$35Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$166K · 66%
Investment income$85K · 34%
Contributions & grants66%$166K
Investment income34%$85K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.37 Management & general $0.62 Fundraising $0.01
Program services37%$35K
Management & general62%$59K
Fundraising1%$976
Total functional expensesLn 25$95K

Balance Sheet

Part X · end of year
CashLn 1$44K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $95K
174.7 months
Where the money goes
Program services
Program services $35K · Total expenses $95K
37%
Management & General
Management & general $59K · Total expenses $95K
62%
Fundraising
Fundraising $976 · Total expenses $95K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $2K · Solicited contributions (2-yr avg) $134K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $166K · Total revenue $250K
66%
Government reliance
Government grants — · Total revenue $250K
Earned-income share
Program service revenue $0 · Total revenue $250K
0%
Investment reliance
Investment income $85K · Total revenue $250K
+34%
Program self-sufficiency
Program service revenue $0 · Total expenses $95K
0%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $190K
+32%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $95K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
97%
People & payroll
Highest Reported Total Compensation
Individual Ken Neal · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $95K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $95K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 37%
Overhead ratio 62%
Fundraising cost ratio 0.6%
Revenue growth 32%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 9%

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 · FY2023
Total grants receivedfrom 1 funder$113
Grants paid · 12 grants · $96K · 2020–2024
Co School of MinesFY2024$6,000
Illinois State UniversityFY2024$5,079
Geological Society of AmericaFY2024$5,052
Unitemized GrantFY2024$5,000
Idaho State UniversityID · FY2023$10,724
Wilkes UniversityPA · FY2023$5,300
Unitemized GrantFY2023$5,000
Unitemized GrantFY2022$5,000
Colorado School of MinesFY2022$5,000
Unitemized GrantFY2021$5,000
Unitemized GrantFY2020$32,700

Similar Organizations

Closest in mission — by what they do
See all organizations like Aeg Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$299K revenue · ⤓ 990 PDF
FY2023$254K revenue · ⤓ 990 PDF
FY2022$175K revenue · ⤓ 990 PDF
FY2021$250K revenue · viewing · ⤓ 990 PDF
FY2020$190K revenue · ⤓ 990 PDF

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

Sources

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.