Air Force Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,670,829 | 3,719,027 | 12,951,802 | 88.3 | 31% |
| 2012 | 18,208,893 | 16,433,429 | 1,775,464 | 21.5 | 8% |
| 2013 | 14,987,065 | 7,141,546 | 7,845,519 | 62.6 | 15% |
| 2014 | 15,942,589 | 5,977,276 | 9,965,313 | 95.0 | 21% |
| 2015 | 16,763,632 | 13,548,813 | 3,214,819 | 43.6 | 10% |
| 2016 | 14,261,837 | 7,189,471 | 7,072,366 | 94.6 | 23% |
| 2017 | 14,854,560 | 15,741,750 | −887,190 | 45.1 | 17% |
| 2018 | 28,196,157 | 10,745,804 | 17,450,353 | 80.6 | 27% |
| 2019 | 30,831,681 | 10,866,959 | 19,964,722 | 109.3 | 29% |
| 2020 | 26,764,643 | 41,752,359 | −14,987,716 | 25.7 | 7% |
| 2021 | 31,160,927 | 15,838,295 | 15,322,632 | 84.6 | 18% |
| 2022 | 39,131,560 | 16,327,301 | 22,804,259 | 88.5 | 21% |
| 2023 | 40,863,986 | 28,355,772 | 12,508,214 | 60.2 | 10% |
In its most recent public year (2023), this organization brought in $12,508,214 more than it spent. Its reserves stood at about 60.2 months of spending, down from 88.3 in 2011. Staff pay was 10% of spending. $138,126,797 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Air Force Academy Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works