AFA Schriever Chapter 147 Los Angeles

EIN: 954730793 501(c)(3) Education

El Segundo, CA

Total Revenue
$617,448
Total Expenses
$562,624
Total Assets
$161,969
Net Assets
$161,969
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Principal Officer
Arnold Streland
Phone
3107206405
Tax Period
2023-01-01 to 2023-12-31

AFA Schriever Chapter 147 Los Angeles, founded in 1999, is a small nonprofit in the Education sector that reported $617K in total revenue in fiscal year 2023. Expenses of $563K left a modest 9% surplus.

Mission

The mission of the AFA is to promote the publc understanding of air and space power and the pivitol role it plays in the security of the nation through education, advocacy and direct support.

Program Service Accomplishments

Program 1
Expenses: $451,709 Revenue: $617,448

Meetings and educational events involving active and retireded Air Force, Air National Guard and Air Force Reserve member, inluding award banquets recognizing extraordinary military and civilian...

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Meetings and educational events involving active and retireded Air Force, Air National Guard and Air Force Reserve member, inluding award banquets recognizing extraordinary military and civilian service, educational conferences, meetings with other AFA chapters and events recognizing excellence in members of the Space and Missle Systems Center SMC in Los Angeles, California.

Program 2
Expenses: $86,935

Scholarships are provided to deserving officer, enlisted and civilian members of the SMC community, as well as three local Air Force Reserve Officer Training Corps ROTC, and various local area high...

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Scholarships are provided to deserving officer, enlisted and civilian members of the SMC community, as well as three local Air Force Reserve Officer Training Corps ROTC, and various local area high school, middle school, community college and university awards for excellence in STEM education. None exceed 2,000 per individual reciepient. Selection of receipients is governed by a selection committe composed of five members of the Board of Directors as selected by the Scholarship Chair. No awards have been made to any member of this committe or their relatives. If a future nominee is related to a member of the Selection Committe, that member must recuse himself or herself.

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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 (2023)

Revenue Breakdown

Contributions & Grants $617,448
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $617,448

Expense Breakdown

Grants Paid $86,935
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $538,644
Other Expenses $475,689
TOTAL EXPENSES $562,624

Year-over-Year Comparison

2023 2022 Change
Revenue $617,448 $590,639 +0.0%
Expenses $562,624 $581,804 0.0%
Net Income $54,824 $8,835 +5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
600
Independent Members
600
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
See attached list Various N/A
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
2024 No data No data No data No data
2023 $617,448 $562,624 $161,969 $54,824
2022 $590,639 $581,804 $107,145 $8,835
2021 $299,140 $343,243 $98,310 $-44,103
2020 $35,587 $62,009 $142,412 $-26,422
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