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First Command Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 751973894 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

Overview

What is First Command Educational Foundation?

First Command Educational Foundation is a 501(c)(3) public charity based in Fort Worth, Texas, with a mission to educate and support individuals at various career and life stages. The foundation provides financial readiness education through in-person and virtual courses, offering a wide range of curricula on various financial topics. These programs aim to empower individuals to make informed and intelligent financial decisions. The foundation also offers scholarships for military and civilian individuals pursuing undergraduate, graduate, trade programs, and professional certifications. Their activities are primarily focused on supporting those who serve, including active duty and veteran service members. The foundation's educational content, resources, and tools are available at no cost. With a team of nine dedicated individuals, the First Command Educational Foundation plays a significant role in financial education across the country.


Official website here: www.fcef.com

Is First Command Educational Foundation legitimate?

First Command Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Command Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $413,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,256

For more financial information, click here


Official website here: www.fcef.com

What is the mission statement of First Command Educational Foundation?

The First Command Educational Foundation, a 501(c)(3) public charity, is committed to providing educational support for active duty service members, veterans, and others. Its mission is to offer financial readiness education through valuable and relevant resources, regardless of career or life stage. The foundation conducts educational programs and provides grant support for charitable, religious, scientific, literary, or educational purposes. The primary programs of the foundation include a scholarship program offering financial aid for undergraduate, graduate, trade, and professional certification programs, as well as financial education courses and classroom instruction for individuals, businesses, and community organizations.


Official website here: www.fcef.com

Who is the CEO of First Command Educational Foundation?

Thomas E Kuhar is the President of First Command Educational Foundation. The CEO's salary of First Command Educational Foundation is $110,000 and their total compensation is $123,207.


Official website here: www.fcef.com

What is the revenue of First Command Educational Foundation?

First Command Educational Foundation's revenue in 2022 was $1,077,644.


Official website here: www.fcef.com

Who are the executives of First Command Educational Foundation and what are their salaries?

The average compensation at First Command Educational Foundation during 2022 was $66,148. There are 9 employees and 70 volunteers at First Command Educational Foundation.

Here are 11 key members and their salaries (First Command Educational Foundation's CEO's salary is $110,000 and their total compensation is $123,207):

    Thomas Kuhar-From 52022 (President) [Trustee/Director]
  • Compensation: $137,500
  • Related: $0
  • Other: $10,662

    • William Johnson-Thru 42022 (President) [Trustee/Director]
  • Compensation: $137,368
  • Related: $0
  • Other: $4,335

    • Charles W Bowen (Chairman/Ceo) [Trustee/Director]
  • Compensation: $110,000
  • Related: $0
  • Other: $13,207

    • Jennifer Berlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timi Jorgenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Offutt (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Kistler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Land (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sunday Grace (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellie Richter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Atkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fcef.com

    Where can I find the form 990 for First Command Educational Foundation?

    The First Command Educational Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fcef.com

    Learn more at the official website: www.fcef.com

    Mission Statement of First Command Educational Foundation

    The First Command Educational Foundation, a 501(c)(3) public charity, is dedicated to furthering the financial literacy of active duty and veteran service members, as well as other individuals, regardless of their career or life stage. The organization's primary mission is to provide grant support for charitable, religious, scientific, literary, or educational purposes, and to conduct financial educational programs.

    One of the major programs offered by the First Command Educational Foundation is its Scholarship Program. This initiative aims to provide financial assistance to military and civilian individuals pursuing undergraduate and graduate degrees, trade programs, and professional certifications. In addition to the Scholarship Program, the Foundation provides financial education courses and classroom instruction to individuals, businesses, and community organizations. These educational programs offer valuable and relevant material on various topics, ensuring that individuals can make informed financial decisions. By focusing on financial readiness education, the First Command Educational Foundation empowers individuals to achieve their financial goals and improve their overall financial well-being.

    Impact

    This information is meant to be a general summary of First Command Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    First Command Educational Foundation has a significant impact on individuals, businesses, and community organizations by providing valuable and relevant financial readiness education. Through its scholarship program, the foundation supports military and civilian individuals pursuing undergraduate and graduate degrees, trade programs, and professional certifications. Additionally, the foundation offers in-person and virtual financial education courses that equip participants with the knowledge and skills necessary to make informed financial decisions. By offering a wide range of curricula on various financial topics at no charge, the foundation enhances financial literacy across different sectors and life stages, ultimately empowering individuals to achieve financial readiness.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $51,991
  • Program Service Revenue: $47,150
  • Gross Receipts: $1,112,003

    • Assets and Liabilities:
  • Total Assets: $1,916,187
  • Total Liabilities: $170,595
  • Net Assets: $1,745,592
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SEMINAR INCOME

    Revenue

    $47,150

    Organization Details

    Founding Year

    1983

    Principal Officer

    Thomas E Kuhar

    Main Address

    1 FIRSTCOMM PLAZA, FORT WORTH, TX, 76109

    NTEE Category

    Code: B83 - Education

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