EIN 54-1797281

Air Force Aid Society (AFAS)

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
1942
Most recent tax filings
2022-12-01
Description
Air Force Aid Society, a private non-profit organization, supports the mission of the Air Force by relieving financial distress of Air Force members and their families, assisting with education goals & improving quality of life through proactive progr...
Total revenues
$5,323,308
2022
Total expenses
$13,275,816
2022
Total assets
$223,375,732
2022
Num. employees
30
2022

Program areas at AFAS

Emergency assistance: this program provides interest free loans and grants to Air and space Force members, retirees and widows based on the individual situation. These loans and grants are provided to meet immediate financial needs in an emergency situation as a step toward a lasting solution to a problem. Eligible members may apply through a standard of falcon loan application. The Society started the falcon loan program in march 2008 to make emergency assistance funds readily accessible to Air and space Force members in need by streamlining the application process. The falcon loan program provides interest-free loans of up to $1,000 to assist with emergency financial needs.
Community enhancement: this program includes individual programs in four main areas: childcare, parenting, readiness (car safety checks), and spouse/youth (education/orientation/job skills). These programs are designed to improve quality of life and meet current and emerging needs of Air Force members during all stages of their career/life. Childcare became a huge concern for members and their families as the covid-19 pandemic continued to cause a shortage in childcare at Air Force installations. The Society was able to provide up to $1,500 in reimbursable expenses per member for childcare totaling $1 million in support.
Educational assistance: the general h. h. arnold education grant program provides needs-based grants to sons, daughters, and spouses of the Air and space Force members who are enrolled full time in undergraduate programs. The amount of the grant a student receives is based on the financial need of the family and ranges from $500 to $4,000.in addition to needs-based grants, the Society also provides $2,500 and $5,000 merit-based scholarships to the top incoming college and university freshmen students. The selection process involves the evaluation of cumulative gpa, high school transcripts, and a written essay on a specific topic designated by the Society.

Grants made by AFAS

GranteeGrant descriptionAmount
National Military Family AssociationProvide Covid-19 Related Relief To Af Families in the Form of Child Care Fee$250,000
AirForce Force Officers Spouses Club of Washington DC Welfare FundShare of 2022 Charity Ball for Ed Grant Funding$30,000

Who funds Air Force Aid Society (AFAS)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$111,572
The Karakin FoundationGeneral Operating$50,000
Old White CharitiesGeneral Operating Support$50,000
...and 25 more grants received totalling $354,335

Personnel at AFAS

NameTitleCompensation
Edward Thomas, JR., MajChief Executive Officer
John A. FarrellChief Operating Officer CMSGT$220,911
Kristina McBrideChief Operating Officer
Jessica BurrisChief Financial Officer$121,650
Latoya CroweChief Communications and Development Officer / Director , Communications and Development / Marketing Director$165,990
...and 16 more key personnel

Financials for AFAS

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,846,590
Program services$0
Investment income and dividends$3,116,449
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,496,526
Net income from fundraising events$-149,686
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,481
Total revenues$5,323,308

Form 990s for AFAS

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
2018-122020-01-17990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $50,000 from The Karakin Foundation
March 10, 2024
Updated personnel
Identified 5 new personnel
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 4 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsPublic sector nonprofitsMilitary and veteran charitiesCharities
Issues
Military and veterans
Characteristics
Fundraising eventsOperates internationallyNational levelEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1550 Crystal Dr 809
Arlington, VA 22202
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Arlington County, VA
Website URL
afas.org/contact/ 
Phone
(703) 972-2650
Facebook page
AirForceAidSociety 
Twitter profile
@afashq 
IRS details
EIN
54-1797281
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1942
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W30: Military, Veterans Organizations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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