ASSOCIATION OF GRADUATES OF THE USAFA: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ASSOCIATION OF GRADUATES OF THE USAFA (EIN 84-0580665)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-13
- IRS object ID
- 202501339349305775
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-13T13:00:13-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOCKMAN KAST RYAN CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 N CASCADE AVENUE SUITE 400 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840580665 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Association of Graduates of the United States | BusinessNameLine1Txt |
| Business Name Line2 | Air Force Academy | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KATIE WILLEMARCK | InCareOfNm |
| Business Name Control | ASSO | BusinessNameControlTxt |
| Phone | 7194720300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3116 Academy Drive | AddressLine1Txt |
| City | USAF Academy | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 808404475 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | katie willemarck | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7194720300 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOREEN B MERZ | PreparerPersonNm |
| PTIN | P00841439 | PTIN |
| Phone | 7196301186 | PhoneNum |
| Preparation | 2025-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Katie Willemarck | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3116 Academy Drive | AddressLine1Txt |
| City | USAF Academy | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 808404475 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $35,326,890 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.usafa.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1968 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | Together, we serve graduates, preserve the heritage of the Academy & Long Blue Line, and support USAFA to develop leaders of character for Air Force, Space Force, and nation. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 101 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $191,453 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,753,197 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,392,260 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $904,349 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $835,329 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,526,904 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,547,512 | CYInvestmentIncomeAmt |
| PY Other Revenue | $955,124 | PYOtherRevenueAmt |
| CY Other Revenue | $687,217 | CYOtherRevenueAmt |
| PY Total Revenue | $9,139,574 | PYTotalRevenueAmt |
| CY Total Revenue | $12,462,318 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,484,586 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,315,503 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,531,936 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,163,007 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $19,065 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,448,543 | PYOtherExpensesAmt |
| CY Other Expenses | $2,957,686 | CYOtherExpensesAmt |
| PY Total Expenses | $8,465,065 | PYTotalExpensesAmt |
| CY Total Expenses | $17,436,196 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $674,509 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,973,878 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $119,583,435 | TotalAssetsBOYAmt |
| Total Assets EOY | $118,472,760 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,867,097 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,181,532 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $115,716,338 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $113,291,228 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BE AN ASSOCIATION AND FOUNDATION OF INFLUENCE AND IMPACT, SUPPORTING THE ACADEMY'S ENDURING MISSION OF DEVELOPING LEADERS OF CHARACTER FOR THE NATION, AND PROVIDING A LIFETIME OF SERVICE TO THE LONG BLUE LINE. (CONT'D. ON SCH. O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $12,382,771 | ExpenseAmt |
| Grant | $11,313,410 | GrantAmt |
| Desc | ACADEMY AND OTHER SERVICES - FUNDS UTILIZED FOR PROJECTS THAT DIRECTLY SUPPORT THE ACADEMY, CADET WING OR ALUMNI. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $632,584 | ExpenseAmt |
| Grant | $1,631 | GrantAmt |
| Revenue | $1,202,913 | RevenueAmt |
| Desc | MEMBER SERVICES - FUNDS UTILIZED TO MAINTAIN INFORMATION ON GRADUATES AND TO PROVIDE NETWORKING OPPORTUNITIES AMONG GRADUATES AND SUPPORTERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $990,691 | ExpenseAmt |
| Desc | COST OF PUBLICATIONS - FUNDS UTILIZED FOR PUBLICATION AND DISTRIBUTION OF THE ALUMNI MAGAZINE CHECKPOINTS, THE REGISTER OF GRADUATES AND VARiOUS OTHER ALUMNI AND ACADEMY RELATED PUBLICATIONS. LINE 4D, PROGRAM SERVICE ------------------------ Special Events & Chapter Support - Funds utilized for events open to graduates at the Academy and at the local chapter level such as Founders Day celebrations and the Distinguished Graduates and Award Dinner. LINE 4E, PROGRAM SERVICE ------------------------ Reunions - Funds utilized to provide events and activities for U.S. Air Force Academy class reunions. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc |
|---|---|---|
| $739,679 | $462 | Special Events and chapter support |
| $362,228 | Homecoming and Reunions | |
| $63,871 | Career Opportunities | |
| $499 | Special Functions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,166,277 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $462 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $15,172,323 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 101 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATIE WILLEMARCK | PersonNm |
| Phone | 7194720300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3116 ACADEMY DRIVE | AddressLine1Txt |
| City | USAF Academy | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 808404475 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Mark Hille PresidentTo 124 | ||||||||
| CEO From (1/24) | 20.0 | 0.0 | Yes (X) | $167,373 | $0 | $23,102 | ||
| Katie Willemarck | ||||||||
| CFO | 20.0 | 0.0 | Yes (X) | $126,765 | $0 | $15,554 | ||
| Naviere Walkewicz | ||||||||
| Sr. VP of Alumni Relations | 40.0 | 0.0 | $128,882 | $0 | $9,338 | Yes (X) | ||
| Brian Bishop | ||||||||
| Chair | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Virginia Caine Tonneson | ||||||||
| Secretary | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Glenn Strebe | ||||||||
| Treasurer | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Hans Mueh | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Garry Dudley | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Robert Lowe | ||||||||
| director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Emma Przybyslawski | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Joseph Bledsoe | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Randy Helms | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Catherine Almand | ||||||||
| Vice Chair | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Hank Hoffman | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Lee Krauth | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Christian Evans | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Nathan Dial | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Jennifer Walters | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| William Carpenter | ||||||||
| Director | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $423,020 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $47,994 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Skidmore Owings Merrill LLP | |||||
| 7 World Trade Center 250 Greenwich | NEW YORK | NY | 10007 | Building Design | $465,178 |
| Revel XP | |||||
| 2111 Marvyn Pkwy | OPELIKA | AL | 36804 | Tailgate Set Up | $150,590 |
| Royle Printing | |||||
| 745 South Bird St | SUN PRAIRIE | WI | 53590 | Magazine Printing | $187,885 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $982,844 | MembershipDuesAmt |
| All Other Contributions | $4,409,416 | AllOtherContributionsAmt |
| Noncash Contributions | $4,324 | NoncashContributionsAmt |
| Total Contributions | $5,392,260 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| PUBLIC ADVERTISING | 511190 | $192,953 | $1,500 | $191,453 |
| HOMECOMING AND REUNIONS | 813410 | $430,999 | $430,999 | |
| SACC CONFERENCE | 813410 | $153,486 | $153,486 | |
| NON-CLASS RELATED SOCIAL EVENTS | 813410 | $57,891 | $57,891 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $835,329 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,789,272 | TotalRevenueColumnAmt |
| Exclusion | $1,789,272 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,180 | TotalRevenueColumnAmt |
| Exclusion | $128,180 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $13,510 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $13,510 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,510 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,510 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,254,478 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,496,238 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,758,240 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,758,240 | TotalRevenueColumnAmt |
| Exclusion | $3,758,240 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $754,656 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $368,334 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $386,322 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $386,322 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMIN. FEES & SERVICE CHARGES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $159,205 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $159,205 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $159,205 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,462,318 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,202,913 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $191,453 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,675,692 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,232,488 | TotalAmt |
| Program Services | $11,232,488 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,015 | TotalAmt |
| Program Services | $83,015 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,793 | TotalAmt |
| Management And General | $313,746 | ManagementAndGeneralAmt |
| Fundraising | $19,047 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,280,072 | TotalAmt |
| Program Services | $1,204,491 | ProgramServicesAmt |
| Management And General | $1,075,581 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,362 | TotalAmt |
| Program Services | $75,348 | ProgramServicesAmt |
| Management And General | $32,014 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,631 | TotalAmt |
| Program Services | $165,706 | ProgramServicesAmt |
| Management And General | $85,925 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,149 | TotalAmt |
| Program Services | $108,970 | ProgramServicesAmt |
| Management And General | $82,179 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,711 | TotalAmt |
| Management And General | $14,711 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,527 | TotalAmt |
| Management And General | $113,527 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,182 | TotalAmt |
| Management And General | $12,182 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,426 | TotalAmt |
| Program Services | $173,559 | ProgramServicesAmt |
| Management And General | $121,867 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,486 | TotalAmt |
| Program Services | $68,014 | ProgramServicesAmt |
| Management And General | $19,472 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $839,497 | TotalAmt |
| Program Services | $773,900 | ProgramServicesAmt |
| Management And General | $65,579 | ManagementAndGeneralAmt |
| Fundraising | $18 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,781 | TotalAmt |
| Program Services | $229,633 | ProgramServicesAmt |
| Management And General | $72,148 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,162 | TotalAmt |
| Program Services | $71,160 | ProgramServicesAmt |
| Management And General | $27,002 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525,194 | TotalAmt |
| Program Services | $470,453 | ProgramServicesAmt |
| Management And General | $54,741 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $585,893 | TotalAmt |
| Program Services | $515,586 | ProgramServicesAmt |
| Management And General | $70,307 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,827 | TotalAmt |
| Management And General | $83,827 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,436,196 | TotalAmt |
| Program Services | $15,172,323 | ProgramServicesAmt |
| Management And General | $2,244,808 | ManagementAndGeneralAmt |
| Fundraising | $19,065 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,971 | BOYAmt |
| EOY | $2,149,327 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,004 | BOYAmt |
| EOY | $770,800 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $390,310 | BOYAmt |
| EOY | $394,822 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $269,994 | BOYAmt |
| EOY | $235,866 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,354,106 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,466,080 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,404,546 | BOYAmt |
| EOY | $2,888,026 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,892,987 | BOYAmt |
| EOY | $52,601,492 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,301,623 | BOYAmt |
| EOY | $59,432,427 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,583,435 | BOYAmt |
| EOY | $118,472,760 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,508 | BOYAmt |
| EOY | $979,528 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,099,842 | BOYAmt |
| EOY | $2,776,659 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,330,747 | BOYAmt |
| EOY | $1,425,345 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,867,097 | BOYAmt |
| EOY | $5,181,532 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,835,426 | BOYAmt |
| EOY | $40,029,500 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,880,912 | BOYAmt |
| EOY | $73,261,728 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,716,338 | BOYAmt |
| EOY | $113,291,228 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,583,435 | BOYAmt |
| EOY | $118,472,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$4,973,878 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $419,589 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$1,625 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $2,130,804 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,626,821 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,642,723 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,445,346 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,368,997 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,392,260 | CurrentTaxYearAmt |
| Total | $27,476,147 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $572,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,790,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,860,893 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,125,598 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,571,247 | CurrentTaxYearAmt |
| Total | $7,921,151 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,199,634 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,433,323 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,306,239 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,494,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,963,507 | CurrentTaxYearAmt |
| Total | $35,397,298 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,743,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,621,094 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,871,000 | CurrentTaxYearAmt |
| Total | $8,235,494 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $375,867 | CurrentTaxYearAmt |
| Total | $375,867 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,743,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,621,094 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,246,867 | CurrentTaxYearAmt |
| Total | $8,611,361 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $26,785,937 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $495,124 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $876,021 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $924,344 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,431,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,917,452 | CurrentTaxYearAmt |
| Total | $5,644,839 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $495,124 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $876,021 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $924,344 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,431,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,917,452 | CurrentTaxYearAmt |
| Total | $5,644,839 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $800,000 | CurrentTaxYearMinus3YearsAmt |
| Total | $800,000 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,694,758 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,109,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,230,583 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,926,493 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,880,959 | CurrentTaxYearAmt |
| Total | $41,842,137 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.64017 | PublicSupportCY509Pct |
| Public Support PY509 | 0.72190 | PublicSupportPY509Pct |
| Investment Income CY | 0.13491 | InvestmentIncomeCYPct |
| Investment Income PY | 0.12450 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | schedule a, part iii, column (a)2020 - column (d) 2023 | FormAndLineReferenceDesc |
| Explanation | During the 2024 reporting year further analysis of the beneficial interest in trust held by the Association of Graduates determined a restatement of Sch A Part III lines 1, 7a and 10a. It was determined that the trust distributions were reportable as grants from a private foundation instead of investment income and lines 1 and 10a have been restated as applicable. It was also determined that the trust is a disqualified person for purposes of line 7a. Line 7a has been restated as appropriate for column (c) 2022 and (d) 2023. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,497,383 | BeginningYearBalanceAmt |
| Contributions | $38,423 | ContributionsAmt |
| Investment Earnings Or Losses | $1,121,415 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $202,378 | OtherExpendituresAmt |
| End Year Balance | $12,454,843 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,996,938 | BeginningYearBalanceAmt |
| Contributions | $17,039 | ContributionsAmt |
| Investment Earnings Or Losses | $1,726,695 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $243,289 | OtherExpendituresAmt |
| End Year Balance | $11,497,383 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,955,272 | BeginningYearBalanceAmt |
| Contributions | $2,925 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,604,631 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $356,628 | OtherExpendituresAmt |
| End Year Balance | $9,996,938 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,793,224 | BeginningYearBalanceAmt |
| Contributions | $101,150 | ContributionsAmt |
| Investment Earnings Or Losses | $1,407,585 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $346,687 | OtherExpendituresAmt |
| End Year Balance | $12,955,272 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,380,223 | BeginningYearBalanceAmt |
| Contributions | $70,366 | ContributionsAmt |
| Investment Earnings Or Losses | $1,591,200 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $248,565 | OtherExpendituresAmt |
| End Year Balance | $11,793,224 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.44440 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37890 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.17670 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,889,662 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,707,369 | DepreciationAmt |
| Book Value | $2,182,293 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,860,961 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,400,748 | DepreciationAmt |
| Book Value | $460,213 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $603,483 | OtherCostOrOtherBasisAmt |
| Depreciation | $357,963 | DepreciationAmt |
| Book Value | $245,520 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,888,026 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BENEFICIAL INTEREST IN TRUST | Desc |
| Book Value | $59,432,427 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $59,432,427 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,000,529 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $419,589 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $2,130,804 | OtherRevenueAmt |
| Revenue Not Reported | $2,550,393 | RevenueNotReportedAmt |
| Revenue Subtotal | $12,450,136 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $12,182 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $12,182 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,462,318 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,424,014 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $17,424,014 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $12,182 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $12,182 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,436,196 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART iV, LINE 2b | The Association holds and invests monies in certain graduate classes of the Academy for those classes' activities at future dates and for other organizations. These funds are classified as agency deposits and are recorded at fair value. |
| SCHEDULE D, PART V, LINE 4 | THE TEMPORARY RESTRICTED ENDOWMENT EARNINGS OF THE ASSOCIATION OF GRADUATES' ENDOWMENT FUNDS ARE USED TO FUND SPECIFIC PROGRAMS AND PROJECTS OF THE UNITED STATES AIR FORCE ACADEMY, AS SPECIFIED BY THE ORIGINAL DONORS OF THOSE FUNDS, AS WELL AS TO MAINTAIN DOOLITTLE HALL, WHICH IS THE HEADQUARTERS AND OPERATING LOCATION OF THE ORGANIZATION. |
| SCHEDULE D, PART X, LINE 2 | The Association is exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. In addition, the Association qualifies for the charitable contribution deduction. The Association believes that it does not have any uncertain tax positions that are material to the financial statements. |
| SCHEDULE D, PART XI, LINE 2D | other adjustment: CHANGE IN FAIR VALUE - TRUST INTEREST $2,130,804 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| Air Force Institute of Technology | ||||||||||
| 8899 E 56th Street | Indianapolis | IN | 46249 | 311190492 | 501(c)(3) | $21,661 | Endowed scholarships for graduating Air Force Academy cadets. | |||
| Falcon Foundation | ||||||||||
| 3116 Academy Drive | USAF Academy | CO | 80840 | 756016930 | 501(c)(3) | $31,411 | GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS | |||
| United States Air Force Academy | ||||||||||
| 2304 Cadet Drive Ste 3300 | USAFA | CO | 80840 | 260537053 | U.S. Air Force | $111,952 | To provide support | $634,192 | FMV | Building Design |
| Air Force Academy Foundation | ||||||||||
| 3116 Academy Drive | USAFA | CO | 80840 | 260537053 | 501(c)(3) | $10,371,037 | Support Foundation Projects | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Scholarships to Georgetown University | 4 | $58,348 | $1,667 | FMV PAID | TEXTBOOKS |
| Scholarships | 20 | $10,000 | |||
| Gerhart Scholar | 1 | $13,000 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE I, PART I, LINE 2 | THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY MAINTAINING REGULAR CONTACT WITH THE STAFF OF RECIPIENT ORGANIZATIONS AND PERIODICALLY REVIEWING RECIPIENT ORGANIZATIONS' ACTIVITIES AND ATTENDING JOINT FUNCTIONS. SCHOLARSHIPS FUNDS ARE PAID DIRECTLY TO THE SCHOLARSHIP RECIPIENT'S EDUCATIONAL INSTITUTION. |
| Schedule I, Part III, Column (b), Lines 1-3 | The number of recipients is based on the number of scholarship recipients. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark Hille PresidentTo 124 | PersonNm |
| Title | CEO From (1/24) | TitleTxt |
| Base Compensation Filing Org | $147,590 | BaseCompensationFilingOrgAmt |
| Bonus Filing Organization | $19,783 | BonusFilingOrganizationAmount |
| Deferred Compensation Flng Org | $9,083 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $14,019 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $190,475 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part i, line 7 | BONUSES WERE PAID TO QUALIFYING EMPLOYEES, SUBJECT TO APPROVAL By COMPENSATION AND EXECUTIVE COMMITTEES. |
| schedule j, part 2, line 1 & 2 | SEE SCHEDULE O DISCLOSURE REFERENCING FORM 990, PART VII, COLUMN (D), COLUMN (F) FOR AN EXPLANATION OF MR. HILLE'S COMPENSATION, as related TO THE COOPERATIVE OPERATING AGREEMENT WITH THE AIR FORCE ACADEMY FOUNDATION AND THE AIR FORCE ACADEMY REAL ESTATE TRUST. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 continued | Strategic Priorities of: (1) Engagement - Cultivate lifelong relationships and provide valued service to the Academy and our graduates. (2) Philanthropy - Enhance financial strength and stability to advance the Academy and sustain our mission. (3) Stewardship - Responsibly seek and manage gifted time, talent, treasure and relationships. (4) Communication - Tell the story of our Academy, our graduates and our mission with our words and actions. (5) Organizational Excellence - Align our values, our culture and our commitment as a team to drive overall effectiveness of our mission. |
| Form 990, Part VI, Section A, Line 2 | mark hille, ceo of the filing organization, ALSO SERVES AS CEO OF THE non-profit organizations: AIR FORCE ACADEMY FOUNDATION (AFAF) and the AIR FORCE ACADEMY FOUNDATION real estate trust (AFAF R/E) . BASED ON THE IRS DEFINITION OF A BUSINESS RELATIONSIP, Mark hille HAS A BUSINESS RELATIONSHIP WITH THE FOLLOWING officer-employee and highly compensated employee, DUE TO THE employees' EMPLOYMENT BY afaf: katie willemarck, cfo, and naviere Walkewicz, senior vice president of Alumni Relations. |
| Form 990, Part VI, Section A, Line 6 A & B | The organization has the following membership categories: (1) Graduate membership is granted to all graduates of the Academy; (2) Honorary membership may be awarded to non-graduates who have rendered outstanding and conspicuous service to the Air Force, the Academy and/or the AOG. Honorary members must be recommended by a member of the Board and receive at least 80 percent acceptance of all Directors. Honorary membership is restricted to 25 living persons. Honorary members will not pay dues and will be eligible for all the benefits of membership but may not vote in elections; (3) Associate membership has been awarded in the past to non-graduates who were identified by the Chief Executive Officer (CEO) as friends of the Academy. Associate members pay annual dues or have become life associate members. Associate members are eligible for all the benefits of membership and may vote, (4) Affiliate membership may be awarded to non-graduates who have been identified by the CEO as friend of the Academy. Affiliate members pay annual dues or can become life affiliate members by paying a lifetime fee. Affiliate members are eligible for all the benefits of membership but may not vote in elections. Each Graduate and associate member has one vote, and may not allocate their vote to anyone else, and (5) Family membership, sometimes referred to as parent membership, is an annual membership available to families of cadets. Upon graduation, if membership remains current, parents and families retain specific benefits but may not vote in elections." |
| Form 990, Part VI, Section A, Line 7a | ELECTIONS ARE HELD BIENNIALLY AND APPROXIMATELY HALF OF THE ELECTED DIRECTORS ARE ELECTED TO 4-YEAR TERMS. CANDIDATES ARE PLACED ON THE BALLOT BY THE NOMINATING COMMITTEE OR BY PETITION OF 25 MEMBERS. ALL GRADUATE MEMBERS ARE NOTIFIED BY MAIL, EMAIL, AND OTHER MEANS OF HOW THEY MAY BECOME A CANDIDATE. ALL MEMBERS WHO ARE ELIGIBLE TO VOTE TO RECEIVE NOTICE OF HOW TO CAST THEIR BALLOT. CANDIDATES RECEIVING THE MOST VOTES ARE ELECTED TO THE BOARD. |
| Form 990, Part VI, Section A, Line 7b | Graduate and associate members may vote in elections of directors, to amend the Articles of Incorporation and/or Bylaws, and on any issues submitted to the membership by the Board. Each member has one vote and may not allocate their vote to anyone else. |
| FORM 990, PART VI, SECTION B, LINE 11 B | FORM 990 WILL BE SUBMITTED TO THE AUDIT COMMITTEE, THEN EACH MEMBER OF THE BOARD OF DIRECTORS, PHYSICALLY OR BY ELECTRONIC TRANSMISSION, PRIOR TO ITS FILING DUE DATE. |
| FORM 990, PART VI, SECTION B, LINE 12 C | THE CONFLICT-OF-INTEREST POLICY IS REVIEWED, UPDATED, IF NECESSARY, AND PRESENTED TO THE BOARD EACH AUGUST. ALL DIRECTORS and officers MUST REVIEW AND SIGN THE STATEMENT DECLARING THAT THERE ARE NO CONFLICTS OF INTEREST, OR THAT THEY MUST REPORT WHEN THEY HAVE CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 A & B | THE COMPENSATION FOR THE CEO IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FROM COMPARATIVE DATA FOR OTHER ASSOCIATION EXECUTIVES: THE CEO APPROVES THE COMPENSATION OF OTHER OFFICERS AND EMPLOYEES OF THE ORGANIZATION, AS RECOMMENDED BY THE SENIOR STAFF IN BUDGET PREPARATIONS.THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION C, LINE 18 & 19 | Copies of the organization's current bylaws, articles of incorporation, governance and financial management policies, and the prior year financial statements are available on the organization's website. Additionally, THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT-OF-INTEREST POLICY, WHEN REQUESTED IN PERSON. FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE AFTER FILING; THE FORM 1023 WAS FILED PRIOR TO 1985 AND IS NOT AVAILABLE TO PUBLIC INSPECTION: THE FORM 990-T AND FORM 990 PUBLIC INSPECTION COPIES ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADDRESS. |
| FORM 990, PART VII, COLUMN (D), COLUMN (F) | FORM 990, PART I, LINE 5 AND 990, PART VI, LINE 2A / 2B FORM 990, PART VII, COLUMN (D), COLUMN (F) FORM 990, PART VII, LINE 5 SCHEDULE J, PART II, LINE 1 THE FILING ORGANIZATION, THE ASSOCIATION OF GRADUATES OF THE U.S. AIR FORCE ACADEMY (AOG), PARTICIPATES IN A COOPERATIVE OPERATING AGREEMENT WITH THE AIR FORCE ACADEMY FOUNDATION (AFAF). THE AGREEMENT PROVIDES FOR SHARED SERVICES INCLUDING OFFICE SPACE, FURNITURE AND EQUIPMENT, DATA ENTRY SERVICES, MAIL AND CHECK PROCESSING SERVICES, AND INFORMATION TECHNOLOGY SUPPORT. ADDITIONALLY, AS PART OF THE COOPERATIVE OPERATING AGREEMENT, THE ORGANIZATIONS ARE UNDER A COMMON PAYMASTER AGREEMENT WHICH INCLUDES SHARED LEADERSHIP COSTS FOR THE CHIEF EXECUTIVE OFFICER (CEO) AND ALL OTHER SHARED STAFF. AS OF 2024, THE AIR FORCE ACADEMY FOUNDATION BECAME THE EMPLOYER OF RECORD, FILING ALL PERTINENT TAX DOCUMENTS ON A QUARTERLY AND ANNUAL BASIS AS NEEDED, INCLUDING MAKING REQUIRED TAX DEPOSITS. HOWEVER, AS THE INDIVIDUALS MEET THE DEFINITION OF COMMON LAW EMPLOYEES OF THE AOG, THEIR SALARIES/WAGES ARE REFLECTED ON FORM 990, PART VII, SECTION A, COLUMN D AND E, AND ON FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSE, LINES 5 THROUGH 10, AS INSTRUCTED PER IRS GUIDELINES. |
| FORM 990, PART XI, LINE 8 | Prior period adjustment: SUBSEQUENT TO THE FILING OF THE 2023 TAX RETURN, AN AUDIT ADJUSTMENT WAS MADE TO ACCOUNT FOR $1,625 OF OVERSTATED MERCHANDISE SALES. |
| FORM 990, PART XI, LINE 9 | OTHER CHANGES IN NET ASSETS: CHANGE IN FAIR VALUE - TRUST INTEREST $2,130,804 |
| FORM 990, PART XII, LINE 2 C | THE PROCESS FOR OVERSEEING THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. |