2024-11-11T10:54:37-06:00 2023-12-31 WITHUMSMITHBROWN PC 4600 EAST WEST HWY 900 BETHESDA MD 20814 990 2023-01-01 510325362 Delaware AeroSpace Education Foundation % STEPHANIE MG WRIGHT EDD DELA 3028341369 5 ESSEX DRIVE BEAR DE 197011602 STEPHANIE M G WRIGHT PRESIDENT AND CEO 3028341369 2024-11-15 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-10-15 13:58:12Z STEPHANIE M G WRIGHT 5 ESSEX DRIVE BEAR DE 197011602 2185377 false X WWW.DASEF.ORG X 1990 DE TO INSPIRE AND EDUCATE THE PEOPLE OF THE DELAWARE VALLEY AND THE SURROUNDING AREA IN LEARNING ABOUT SCIENCE, SPACE, TECHNOLOGY, ENGINEERING, EARTH'S ENVIRONMENT, AND MATHEMATICS 13 11 32 34 0 2188769 2012302 80789 136276 4505 11923 4573 24876 2278636 2185377 0 8590 0 0 66440 74416 0 0 1300 222092 291407 288532 374413 1990104 1810964 16349627 18268237 187061 272556 16162566 17995681 X TO INSPIRE AND EDUCATE THE PEOPLE OF THE DELAWARE VALLEY AND THE SURROUNDING AREA IN LEARNING ABOUT SCIENCE, SPACE, TECHNOLOGY, ENGINEERING, EARTH'S ENVIRONMENT AND MATHEMATICS (STEM) THROUGH THE USE OF ACADEMIES, EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT, SPECIAL EVENTS AND OUR MANY DONATED RESOURCES. DASEF STRIVES TO IMPROVE THE QUALITY OF LIFE THROUGH ITS ADVOCACY OF STEM EDUCATION, THE ENVIRONMENT, AND STRENGTHENING THE WORKFORCE. false false 371014 136276 DASEF programs are driven by the belief that "Wisdom Begins with Wonder." Capitalizing on natural curiosity through activities that include a problem solving component enriches the applied learning process for participants. These multi-disciplinary and cooperative learning programs teach in tangible ways the skills of responsible decision making, leadership, teamwork, critical and creative thinking, communication and listening skills. DASEF is in the midst of a capital initiative to complete the Innovation Technology Exploration Center (ITEC)a unique facility in Kent County, Delaware that will embody responsible use of technology along with a stewardship of our planet and its resources. As of December 31, 2023, $16,130,661 has been capitalized into the project of which $14,216,363 is construction in progress and $1,914,298 primarily related to the Environmental Outpost and various infrastructure which has been placed into service. 371014 true true false false false false false false false false true false false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 32 true false false false false false false false false false false false false X 13 11 true false false false false false false true true false false true true true true false false true false false X STEPHANIE MG WRIGHT EDD 3028341369 5 ESSEX DRIVE BEAR DE 197011602 Stephanie MG Wright EdD President/CEO 30.0 0.0 X X 13000 0 0 Brian H Wright Treasurer/Financial Manager 6.0 0.0 X X 7000 0 0 Jean M Kraeuter Secretary 0.3 0.0 X X 0 0 0 Charlie T Michels Chairperson 0.3 0.0 X 0 0 0 Teresa A Connor Board Member 0.6 0.0 X 0 0 0 Mitchell D Houser Board Member 0.3 0.0 X 0 0 0 Anthony W Lorusso Board Member 0.3 0.0 X 0 0 0 Ronald E Patterson Jr Board Member 0.3 0.0 X 0 0 0 Mary Pat Hrybyk-Keith Board Member 0.3 0.0 X 0 0 0 Lauren Irby Board Member 0.3 0.0 X 0 0 0 Robert W Bloom Board Member 0.5 0.0 X 0 0 0 Michael Rasumussen Board Member 0.3 0.0 X 0 0 0 Marc Sheffler Board Member 0.3 0.0 X 0 0 0 20000 0 0 0 false false false 0 4571 1930009 77722 15487 2012302 TUTION 900099 136276 136276 136276 11923 11923 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 24876 24876 24876 2185377 161152 11923 X 0 8590 8590 0 0 20000 12600 6100 1300 0 49128 49128 0 0 5288 5288 0 0 6800 6800 0 0 0 21029 21029 2415 2415 10001 9001 1000 0 0 50863 50863 0 0 862 862 0 0 74751 67276 7475 36534 32881 3653 REPAIRS AND MAINTENANCE 33057 33057 0 0 PROGRAM SUPPLIES 33461 33461 0 0 LICENSES AND PERMITS 6350 6350 DUES AND SUBS 1615 1615 13669 4022 9647 374413 309444 63669 1300 X 229507 290661 373480 814716 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17332802 1386470 13879469 15946332 64041 24870 0 0 0 0 0 0 1803130 1191658 16349627 18268237 187061 13377 0 0 0 259179 0 0 0 0 0 0 0 0 0 0 0 0 187061 272556 X 14359436 16804023 1803130 1191658 16162566 17995681 16349627 18268237 X 1810964 19397 2754 X X false true X true false X 922124 231254 2253582 2188769 2012301 7608030 0 3000 3000 3000 4000 4000 17000 925124 234254 2256582 2192769 2016301 7625030 0 7625030 754 1747 1001 4505 14677 22684 0 12735 7250 9377 4573 24876 58811 7706525 0.98942 0.99110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16130661 694630 15436031 263334 263334 0 938807 428505 510301 15946332 BENEFICIAL INTEREST IN ASSETS 24265 CASH RESTRICTED TO INVESTMENTS 1167393 1191658 0 0 X 2269098 19397 61570 2754 83721 2185377 2185377 435983 61570 61570 374413 374413 PART X, LINE 2: DASEF qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, and no provision or liability for income taxes is included in the accompanying financial statements. DASEF has adopted an accounting standard regarding uncertain tax positions. The standard prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. DASEF believes that it had no uncertain tax positions and has no income tax related penalties or interest for the periods presented in the financial statements. Should penalties and interest be incurred, DASEF's policy is to recognize them as general and administrative expenses on the statements of activities and functional expenses. PART Xi, LINE 2D: INCREASE IN BENEFICIAL INTEREST IN NET ASSETS HELD BY COMMUNITY FOUNDATION $2,754 Scholarships 21 8590 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: (STEM) THROUGH THE USE OF ACADEMIES, EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT, SPECIAL EVENTS AND OUR MANY DONATED RESOURCES. DASEF STRIVES TO IMPROVE THE QUALITY OF LIFE THROUGH ITS ADVOCACY OF STEM EDUCATION, THE ENVIRONMENT, AND STRENGTHENING THE WORKFORCE. FORM 990, PART VI, SECTION A, LINE 2: RELATIONSHIP AMONG BOARD MEMBERS DR. STEPHANIE M.G. WRIGHT AND BRIAN WRIGHT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B: GOVERNING BODY REVIEW OF FORM 990 PRIOR TO FILING WITH THE IRS, A COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE COMMITTEE MEMBERS MAY COMMENT ON ANY PROPOSED CHANGES OR SUGGESTIONS TO MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCEMENT OF CONFLICTS POLICY ANY MEMBER OF THE BOARD OF DIRECTORS OR MANAGEMENT WHO HAS A FINANCIAL, PERSONAL, OR OFFICIAL INTEREST IN OR CONFLICT (OR APPEARANCE OF CONFLICT) WITH ANY MATTER PENDING BEFORE THE BOARD, OF SUCH NATURE THAT IT PREVENTS OR MAY PREVENT THAT MEMBER FROM ACTING ON THE MATTER IN AN IMPARTIAL MANNER, WILL OFFER TO VOLUNTARILY EXCUSE HIM/HERSELF AND WILL REFRAIN FROM DISCUSSION AND/OR VOTING ON SAID ITEM OR ISSUE. FORM 990, PART VI, SECTION B, LINE 15A: ALL SALARIES PAID TO OFFICERS AND BOARD MEMBERS ARE FOR PROGRAM RELATED ACTIVITIES: (1) STEPHANIE M.G. WRIGHT (PRESIDENT AND CEO) IS PAID FOR MANAGING ALL PROGRAMS OF DASEF. (2) BRIAN H. WRIGHT (BOARD MEMBER AND FINANCIAL MANAGER) IS PAID FOR ASSISTING WITH PROGRAM OPERATIONS AND MAINTAINING THE BOOKS OF DASEF. FORM 990, PART VI, SECTION C, LINE 19: PUBLIC AVAILABILITY OF OTHER DOCUMENTS FORM 990 IS POSTED ON WWW.GUIDESTAR.ORG. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: INCREASE IN BENEFICIAL INTEREST IN NET ASSETS HELD BY COMMUNITY FOUNDATION $2,754