The AFIT Foundation

EIN: 311190492 501(c)(3)

Dayton, OH

Total Revenue
$209,121
Total Expenses
$99,547
Total Assets
$1,373,578
Net Assets
$1,373,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OH
Phone
9372712459
Tax Period
2025-01-01 to 2025-12-31

The AFIT Foundation, founded in 1986, is a small nonprofit that reported $209K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $110K, a strong 52% operating margin.

Mission

The AFIT Foundation promotes, enhances and expands the intellectual experience of students, alumni, faculty and staff who are part of the Air Force Institute of Technology and its affiliated schools.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $6,221
Program Service Revenue $1,480
Investment Income $201,420
Other Revenue $0
TOTAL REVENUE $209,121

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,246
Other Expenses $99,547
TOTAL EXPENSES $99,547

Year-over-Year Comparison

2025 2024 Change
Revenue $209,121 $233,769 -0.1%
Expenses $99,547 $78,947 +0.3%
Net Income $109,574 $154,822 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Clarence Chenault Board Chair 5
Officer
$0 $0 $0
Mr Randy Mahr Secretary 1
Officer
$0 $0 $0
Dr Michael Gessel Gvt Comm Committee Chair 1
Officer
$0 $0 $0
Dr Michael Heil Marketing Committee Chair 1
Officer
$0 $0 $0
Dr Vince Russo Fundraising Events Committee Chair 1
Officer
$0 $0 $0
Ms Samantha M Klint Finance Committee Chair 10
Officer
$0 $0 $0
Ms Megan Burk Board Member 1
Director
$0 $0 $0
Mr Michael Dustman Board Member 1
Director
$0 $0 $0
Mr David Eidsaune Board Member 1
Director
$0 $0 $0
Dr Kara Greene Board Member 1
Director
$0 $0 $0
Dr Walter Jones Board Member 1
Director
$0 $0 $0
Mr Everett Odgers Board Member 1
Director
$0 $0 $0
Ms Ashley Brown Board Member 1
Director
$0 $0 $0
Mr Eugene Saunders Board Member 1
Director
$0 $0 $0
Dr Angela Suplisson Board Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $209,121 $99,547 $1,373,578 $109,574
2024 No data No data No data No data
2023 $239,841 $78,172 $1,156,502 $161,669
2022 $20,886 $280,959 $991,556 $-260,073
2021 $165,326 $60,451 $1,251,282 $104,875
2020 $146,921 $58,137 $1,146,817 $88,784
2019 $81,376 $34,465 $1,063,831 $46,911
2018 $1,000,136 $886 $1,010,188 $999,250
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