NonprofitsFalconworks

Human Services

Falconworks

COLORADO SPGS, CO

Total revenue

$13

Total expenses

$378

Net assets

$29K

Grants received

EIN

201351869

Tax year

2024

Mission

Falconworks acts as an "innovation hub" by bringing together community needs, design and development capabilities at the u.s. Air force academy, and financing from the public and corporate sponsors. Falconworks actively solicits projects in the colorado springs area that require scientific or engineering design work. Falconworks solicits general funds from the public and specific project financing from corporate sponsors in an effort to make prototypes available to end users. Falconworks then arranges student-led teams (with faculty oversight) at the u.s air force academy to design and develop the products. Any required materials are paid for with funds raised by falconworks. In exchange for providing the design and development labor, students at the u.s. Air force academy get to participate in real life projects that benefit the community.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$13
Other revenue
Total revenue$13

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$378
Total expenses$378
Total assets$29K
Net assets$29K

People

6 listed

NameRoleCompensation

DUNCAN STEWART

Pres & Chairman

Board

2 hrs/wk

DAVID GUSTAVSSON

Director

Board

0.25 hrs/wk

SCOTT REA

SEC / TREASURER

Board

1 hrs/wk

DON HOLMES

Director

Board

0.25 hrs/wk

DEL CHRISTMAN

Director

Board

0.25 hrs/wk

MARK VALENTINE

Director

Board

0.25 hrs/wk

Details

EIN201351869
NTEE codeP40
Subsection03
Ruling date2005-08
FALCONWORKS — Mission, Financials & Grants Received | Grantivo