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Nonprofit · EIN 51-0325362

DELAWARE AEROSPACE EDUCATION FOUNDATION

Tax-exempt · BEAR, DE 19701

Financials

$2.2M$374K2023$2.6M$398K2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE AEROSPACE EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,637,712$398,292$2,239,420$20,957,072$707,583$20,249,489
December 31, 2023990$2,185,377$374,413$1,810,964$18,268,237$272,556$17,995,681
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,443,415
of which government grants
$2,359,179
Program service revenue
$112,847
Investment income
$80,982
Other revenue
$468

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$21,500
Other salaries and wages
$51,165
Salaries, compensation and benefits (total)
$78,354
Professional fundraising fees
$0
Accounting fees
$7,200
Depreciation
$76,875
Program services (functional)
$356,282
Management and general (functional)
$40,641
Fundraising (functional)
$1,369

Balance sheet and other

Total assets, start of year
$18,268,237
Total assets, end of year
$20,957,072
Total liabilities, end of year
$707,583
Net assets, end of year
$20,249,489
Land, buildings and equipment
$18,088,877
Publicly traded securities
$36,431
Net assets without donor restrictions
$19,216,479
Net assets with donor restrictions
$1,033,010
Gross receipts
$2,637,712
Employees
34
Volunteers
35
Year formed
1990
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHANIE MG WRIGHT ED DPRESIDENT/CEO
Trustee or director, Officer
30$14,000
BRIAN H WRIGHTTREASURER/FINANCIAL MANAGER
Trustee or director, Officer
6$7,500
JEAN M KRAEUTERSECRETARY
Trustee or director, Officer
0.3$0
CHARLIE T MICHELSCHAIRPERSON
Trustee or director
0.3$0
TERESA A CONNORBOARD MEMBER
Trustee or director
0.6$0
MITCHELL D HOUSERBOARD MEMBER
Trustee or director
0.3$0
ANTHONY W LORUSSOBOARD MEMBER
Trustee or director
0.3$0
RONALD E PATTERSON JRBOARD MEMBER
Trustee or director
0.3$0
MARY PAT HRYBYK-KEITHBOARD MEMBER
Trustee or director
0.3$0
LAUREN IRBYBOARD MEMBER
Trustee or director
0.3$0
ROBERT W BLOOMBOARD MEMBER
Trustee or director
0.5$0
MICHAEL RASUMUSSENBOARD MEMBER
Trustee or director
0.3$0
MARC SHEFFLERBOARD MEMBER
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Stephanie MG Wright EdDPresident/CEO
Trustee or director, Officer
30$13,000
Brian H WrightTreasurer/Financial Manager
Trustee or director, Officer
6$7,000
Jean M KraeuterSecretary
Trustee or director, Officer
0.3$0
Charlie T MichelsChairperson
Trustee or director
0.3$0
Teresa A ConnorBoard Member
Trustee or director
0.6$0
Mitchell D HouserBoard Member
Trustee or director
0.3$0
Anthony W LorussoBoard Member
Trustee or director
0.3$0
Ronald E Patterson JrBoard Member
Trustee or director
0.3$0
Mary Pat Hrybyk-KeithBoard Member
Trustee or director
0.3$0
Lauren IrbyBoard Member
Trustee or director
0.3$0
Robert W BloomBoard Member
Trustee or director
0.5$0
Michael RasumussenBoard Member
Trustee or director
0.3$0
Marc ShefflerBoard Member
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
5 ESSEX DR, BEAR, DE 19701-1602
In care of
% STEPHANIE MG WRIGHT EDD
Principal officer (990 for 2024)
STEPHANIE M G WRIGHT, 5 ESSEX DRIVE, BEAR, DE 197011602
Signed the 990
STEPHANIE M G WRIGHT, PRESIDENT AND CEO
Phone
(302) 834-1369
Return prepared by
BARBACANE THORNTON & COMPANY LLP

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • TO INSPIRE AND EDUCATE THE PEOPLE OF THE DELAWARE VALLEY AND THE SURROUNDING AREA IN LEARNING ABOUT SCIENCE, SPACE, TECHNOLOGY, ENGINEERING, EARTH 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 STRENGHTENING THE WORKFORCE.
    Expenses $356,282 · revenue $112,847

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0325362
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$20,957,072
Income (IRS master file)
$2,637,712

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,637,712$398,292$20,957,072XML
990December 2023$2,185,377$374,413$18,268,237XML
990December 2022$2,278,636$288,532$16,349,627IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0325362).

Questions about DELAWARE AEROSPACE EDUCATION FOUNDATION

What is the EIN of DELAWARE AEROSPACE EDUCATION FOUNDATION?
The employer identification number (EIN) of DELAWARE AEROSPACE EDUCATION FOUNDATION is 51-0325362.
Is DELAWARE AEROSPACE EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to DELAWARE AEROSPACE EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DELAWARE AEROSPACE EDUCATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DELAWARE AEROSPACE EDUCATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELAWARE AEROSPACE EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DELAWARE AEROSPACE EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 names STEPHANIE M G WRIGHT.
Who are the officers and directors of DELAWARE AEROSPACE EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $14,000 (STEPHANIE MG WRIGHT ED D, PRESIDENT/CEO).
How much revenue does DELAWARE AEROSPACE EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,637,712, expenses of $398,292 and total assets of $20,957,072 at year end.

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