2025-11-05T05:39:52-08:00 2024-12-31 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2024-01-01 751973894 FIRST COMMAND EDUCATIONAL FOUNDATION FIRS 8175692260 1 FIRSTCOMM PLAZA 210 FORT WORTH TX 76109 THOMAS KUHAR President & CEO 2025-11-05 true true Carroll Elizabeth Arnott P01965628 8176498083 2024 2025-03-06 01:10:19Z THOMAS E KUHAR 1146816 false X WWW.FCEF.COM X 1983 TX TO EDUCATE THOSE WHO SERVE. WE ARE COMMITTED TO ENSURING THAT OUR ACTIVE DUTY AND VETERAN SERVICE MEMBERS, AND OTHERS, RECEIVE FINANCIAL READINESS EDUCATION. OUR PROGRAMS OFFER VALUABLE AND RELEVANT MATERIAL ON NUMEROUS TOPICS, REGARDLESS OF CAREER OR LIFE STAGE. 11 10 6 42 0 1027930 899730 47150 23700 62887 85210 -41431 -26402 1096536 982238 117250 130276 0 762814 593835 0 64069 254517 224944 1134581 949055 -38045 33183 1930162 1991379 111548 96106 1818614 1895273 FIRST COMMAND EDUCATIONAL FOUNDATION (THE "FOUNDATION") IS A 501(C)(3) PUBLIC CHARITY THAT PROVIDES GRANT SUPPORT FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES AND CONDUCTS FINANCIAL EDUCATIONAL PROGRAMS. THE MAJOR PROGRAMS OF THE FOUNDATION ARE AS FOLLOWS:SCHOLARSHIP PROGRAM - PROVIDES SCHOLARSHIPS FOR THOSE MILITARY AND CIVILIAN INDIVIDUALS PURSUING UNDERGRADUATE AND GRADUATE DEGREES AS WELL AS TRADE PROGRAMS AND PROFESSIONAL CERTIFICATION.EDUCATION - PROVIDES FINANCIAL EDUCATION COURSES AND CLASSROOM INSTRUCTION TO INDIVIDUALS, BUSINESSES, AND COMMUNITY ORGANIZATIONS. false false 383623 23700 EDUCATIONAL PROGRAMS: FCEF OFFERS IN-PERSON AND VIRTUAL FINANCIAL READINESS EDUCATION COURSES FOR PEOPLE IN ALL COMMUNITY SECTORS AND ALL CAREER AND LIFE STAGES. THESE COURSES PROVIDE THE KNOWLEDGE AND SKILLS NECESSARY TO MAKE INFORMED, INTELLIGENT FINANCIAL DECISIONS. WE OFFER A WIDE RANGE OF CURRICULA ON NUMEROUS FINANCIAL TOPICS THAT SUPPORT VARIOUS EDUCATIONAL, BUSINESS, SOCIAL SERVICE, CIVIC, AND FAITH-BASED ORGANIZATIONS ACROSS THE COUNTRY. ALL EDUCATIONAL CONTENT, RESOURCES, AND TOOLS ARE AVAILABLE AT NO CHARGE. 275357 SCHOLARSHIP PROGRAMS: FCEF SCHOLARSHIP PROGRAMS ARE DESIGNED FOR US TO PARTNER WITH MILITARY-AFFILIATED AND OTHER ORGANIZATIONS TO INCREASE THE DOLLARS AVAILABLE FOR THEM TO AWARD TO STUDENTS. FCEF MATCHES 100 PERCENT OF THE ORGANIZATION'S DONATION, DOUBLING THE AMOUNT OF MONEY THEY CAN AWARD. THE PARTNER ORGANIZATION MAINTAINS THE APPLICATION AND SELECTION PROCESS. FCEF HAS ONE DIRECT-APPLY SCHOLARSHIP AVAILABLE TO FEDERAL CIVILIAN EMPLOYEES AND THEIR DEPENDENTS. THIS SCHOLARSHIP IS FUNDED FROM PROCEEDS OF OUR FEDERAL EMPLOYEE BENEFITS SEMINAR PROGRAM. ADDITIONALLY, FCEF MANAGES SIX ENDOWMENT SCHOLARSHIPS. EACH ENDOWMENT IS AVAILABLE TO A SPECIFIC GROUP/ORGANIZATION AS DEFINED IN THE MEMORANDUM OF UNDERSTANDING. 193813 TAKE COMMAND (TC) PROGRAM: TC IS AN ONLINE FINANCIAL READINESS PROGRAM AVAILABLE AT NO CHARGE TO SERVICE MEMBERS AND THEIR FAMILIES, AND ORGANIZATIONS THAT SUPPORT THEM. OUR GOAL IS TO PREPARE SERVICE MEMBERS TO MAKE SMART, INFORMED FINANCIAL DECISIONS AND EFFECTIVELY PURSUE LONG-TERM FINANCIAL SECURITY FROM THE TIME THEY ENTER MILITARY SERVICE UNTIL SEPARATION OR RETIREMENT. TC COURSES TYPICALLY TAKE NO MORE THAN AN HOUR TO COMPLETE AND ARE ACCESSIBLE 24/7 VIA COMPUTER, SMARTPHONE OR TABLET. TAKE COMMAND PROVIDES ESSENTIAL FINANCIAL CONCEPTS FOR EACH MILITARY CAREER AND LIFE MILESTONE. 852793 true true false false false false false false false true true true false false false true true false false false false false false false true false false false true true false false false false false false false false true true false false false false false false false true 6 0 true 6 true false false false false false true true false 0 false false false false false false false X 11 10 false false false false false false false true true false false false true true true true true true true false X X X X CREDENCE ADVISORS 8136782579 1414 W SWANN AVE STE 100 TAMPA FL 33606 THOMAS KUHAR CEO/President 40.00 0.00 X X 161477 0 23353 CHARLES W BOWEN CHAIRMAN/CEO 20.00 0.00 X 0 0 0 Will Sager committee chair 4.00 0.00 X X 0 0 0 JENNIFER BERLIN Director 10.00 0.00 X 0 0 0 TIMI JORGENSON Director 10.00 0.00 X 0 0 0 JUSTIN KISTLER Director 1.00 0.00 X 0 0 0 JAY LAND Director 10.00 0.00 X 0 0 0 SUNDAY GRACE Treasurer 2.00 0.00 X X 0 0 0 TIM CORRIGAN Director 0.00 0.00 X 0 0 0 William King Director 5.00 0.00 X 0 0 0 SCOTT SPIDELL Director 1.00 0.00 X 0 0 0 161477 23353 1 false true false 0 63419 836311 31545 899730 SEMINAR INCOME 611710 23700 23700 23700 77403 77403 0 0 0 133438 125631 7807 7807 7807 9682 63419 38947 -29265 -29265 0 0 MISCELLANEOUS REVENUE 900099 2863 2863 2863 982238 26563 55945 0 130276 130276 0 0 184800 177408 7392 0 303066 290420 12646 10676 10249 427 61512 59052 2460 33781 32398 1383 0 5046 4907 139 37057 36039 1018 0 0 0 55937 53601 2336 11989 11729 260 0 0 0 0 28560 27786 774 0 0 0 0 0 0 SPECIAL EVENTS EXPENSE 64069 64069 SPEAKER'S FEES 12250 12112 138 OTHER EXPENSES 4404 2900 1504 board expense 3808 2508 1300 1824 1408 416 949055 852793 32193 64069 96491 172084 0 0 15790 1507 0 0 0 0 0 17653 17653 0 1421880 1393703 396001 424085 0 0 0 1930162 1991379 111548 96106 111548 96106 X 525828 576833 1292786 1318440 1818614 1895273 1930162 1991379 33183 43476 X false true X true false X 983313 899328 997140 1027930 899730 4807441 0 0 983313 899328 997140 1027930 899730 4807441 2766660 2040781 51865 54268 51991 68206 77403 303733 0 3025 2862 5887 5117061 118000 0.39880 0.39620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1292786 15207 40018 29571 1318440 1217452 39812 55442 19920 1292786 1252634 38400 -54734 18848 1217452 1221457 16219 34578 19620 1252634 1183752 66146 76949 31359 1295488 0.76150 0.23850 false false false 17653 17653 424085 X 1086453 43477 60738 104215 982238 982238 1009793 60738 60738 949055 949055 Part X : FIN48 Footnote The Foundation is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Foundations exempt purpose is subject to tax under IRC Section 511. The Foundation had no unrelated business income for the years ended December 31, 2024. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Foundations tax return and recognition of a tax liability (or asset) if the Foundation has taken an uncertain positionthat morelikely thannotwouldnotbe sustained upon examination by the IRS. Management has analyzed the tax positions taken by the Foundation and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) ordisclosure inthefinancial statements. false GOLF TOURNAMENT 73101 63419 9682 17395 9682 11870 73101 63419 9682 17395 9682 11870 38947 -29265 true 0 0 SCHOLARSHIPS 66 130276 Grantmaker's Description of How Grants are Used INDIVIDUALS RECEIVING SCHOLARSHIP GRANTS OF ANY VALUE COMPETE AGAINST A PRE-ESTABLISHED SET OF CRITERIA WHICH INCLUDES CONFIRMATION OF THEIR ELIGIBILITY TO APPLY AND RECEIVE THE GRANT. THE RECIPIENTS ARE SELECTED VIA A SELECTION COMMITTEE. THE RECIPIENT MUST THEN COMPLETE, SIGN, AND PROVIDE A DISBURSEMENT FORM TO FCEF, DETAILING THE INFORMATION REGARDING THE EDUCATIONAL INSTITUTION THEY WILL BE ATTENDING. THE MONEY IS SENT DIRECTLY TO THE INSTITUTION ON BEHALF OF THE GRANT RECIPIENT FOR TUITION AND BOOK EXPENSES, WITH INSTRUCTIONS FOR THE EDUCATIONAL INSTITUTION TO RETURN THE MONEY IF THE STUDENT DOES NOT ENROLL OR DOES NOT EXHAUST THE ENTIRE GRANT PROVIDED. X X X false false false false false false false false false THOMAS KUHAR CEO/President 161477 19800 3553 184830 X 1 1500 FMV X DURABLE GOODS 10 5387 X NONDURABLE GOOD 2 152 X VOUCHERS 31 24506 false false false Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section B, Line 12c YES; WE DO THIS THROUGH ANNUAL VERIFICATION OF A CONFLICT OF INTEREST AND CODE OF ETHICS DECLARATION BY ALL BOARD MEMBERS AND EMPLOYEES. THIS IS VALIDATED DURING OUR ANNUAL REPORT CYCLE/ANNUAL BOARD MEETINGS. THE PRESIDENT & CEO ALSO INCLUDE THIS CONSIDERATION IN ALL DISCUSSIONS WITH POTENTIAL NEW BUSINESS PARTNERS AND SIGNIFICANT DONORS. Form 990, Part VI, Section B, Line 15a UPON A HIRING DECISION POINT, THE CEO AND/OR BOARD OF DIRECTORS WILL OFFER A BASE SALARY DEPENDENT ON JOB DESCRIPTIONS, WORK EXPECTATION, AND INDIVIDUAL EXPERIENCE. IN COLLABORATION WITH FCFS HR DIRECTOR(S) (VIA DONATED SERVICE-IN-KIND), THE POSITION WILL BE BENCHMARKED FOR COMPENSATION BASED ON THE DFW LABOR MARKET. THE BOARD OF DIRECTORS APPROVES THE HIRING CONDITIONS.SUBSEQUENT PAY RAISES ARE DISCRETIONARY BASED ON INDIVIDUAL AND FCEF PERFORMANCE, AND LIMITED BY INTERNAL POLICY TO NO MORE THAN 10% ANNUAL INCREASES WITHOUT BOARD APPROVAL (10% CAN BE APPROVED BY THE CEO/PRESIDENT). BONUS PAYMENTS ARE DICTATED BY COMPANY PERFORMANCE AND ESTABLISHED THRESHOLDS ARE SET FOR EMPLOYEES. CEO AND PRESIDENT THRESHOLD IS ESTABLISHED TO BE NO MORE THAN 10% OF BASE PAY, AND ALL OTHER EMPLOYEES ARE TO BE NO MORE THAN 5% OF BASE PAY. NO ADDITIONAL COMPENSATION IS PROVIDED TO THE CEO AND/OR PRESIDENT THAT IS NOT AVAILABLE TO ALL OTHER EMPLOYEES (QNEC, 401K MATCHING AND PSP). Form 990, Part VI, Section C, Line 18 ALL APPLICABLE FORMS ARE POSTED ON THE ORGANIZATION'S PUBLIC WEBSITE AND PROVIDED TO OTHER MONITORING ORGANIZATIONS SUCH AS GUIDESTAR. Form 990, Part VI, Section C, Line 19 CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS (BEYOND 990) ARE NOT POSTED PUBLICLY. FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTS The net economic benefit from our fundraising event is calculated as follows:Contributions from fundraising event reported on Part VIII, line 1c $ 63,419Gross income from fundraising event reported on Part VIII, line 8a 9,682Less: Direct costs of event reported on part VIII, Line 8b (38,947) Net economic benefit of fundraising event $ 34,154