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Texas · Nonprofit

FIRST COMMAND EDUCATIONAL FOUNDATION

FIRST COMMAND EDUCATIONAL FOUNDATION (Texas) receives grants from 9 organizations whose IRS filings report $519,030 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($308,200). 4 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$982k
Funders on record
9
Grants received
$519k
Net assets
$1.9M
4/9 repeat funderspeak grant-dependency 7%
01What it does

What First Command Educational Foundation does

Mission

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.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $548,656 spent$47,150 earned by the program
    52% of program spending
  2. 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.

    $310,655 spentof which $117,250 as grants
    29% of program spending
  3. 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.

    $195,188 spent
    19% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,054,499.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($945k) Expenses 100 ($895k) Net assets 100 ($1.6M)2018 Revenue 127 ($1.2M) Expenses 137 ($1.2M) Net assets 91 ($1.4M)2019 Revenue 129 ($1.2M) Expenses 125 ($1.1M) Net assets 103 ($1.6M)2020 Revenue 124 ($1.2M) Expenses 109 ($972k) Net assets 117 ($1.8M)2021 Revenue 113 ($1.1M) Expenses 101 ($901k) Net assets 130 ($2.0M)2022 Revenue 114 ($1.1M) Expenses 125 ($1.1M) Net assets 112 ($1.7M)2023 Revenue 116 ($1.1M) Expenses 127 ($1.1M) Net assets 116 ($1.8M)2024 Revenue 104 ($982k) Expenses 106 ($949k) Net assets 121 ($1.9M)
'17'18'19'20'21'22'23'24
Revenue (104)Expenses (106)Net assets (121)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.7M to $1.9M (+14%).

$1.7M
$1.6M
$1.7M
$1.9M
$2.1M
$1.9M
$1.9M
$2.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 10%. Grants only. Government contracts and fees sit inside program revenue.

92% of FIRST COMMAND EDUCATIONAL FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$51k
’17
−$27k
’18
$103k
’19
$197k
’20
$164k
’21
−$39k
’22
−$38k
’23
$33k
’24
2.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Charles W Bowen

Chairman/CEO

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019, and between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24
Listed1313131215111011
Joined·+0+5+0+4+6+3+2
No longer listed·05111041
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $68k → $69k.

5 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 77% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FIRST COMMAND EDUCATIONAL FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FIRST COMMAND EDUCATIONAL FOUNDATION leans on a few funders — its largest provides 59% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FIRST COMMAND EDUCATIONAL FOUNDATION.

59%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2019 93% · 2020 59% · 2021 84% · 2022 100% · 2023 82% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

17% of FIRST COMMAND EDUCATIONAL FOUNDATION's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

77% of FIRST COMMAND EDUCATIONAL FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $121k that is directly attributable, 69% of it comes from Texas funders.

WI
RI
MO
TX

In-state vs out-of-state, by year

’19
’20
’21
’23
Texas out of state home

Funder states come from each funder’s own filing. $398k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FIRST COMMAND EDUCATIONAL FOUNDATION receives grants from 9 organizations whose IRS filings report $519k to it.

Operating margin3% · below the median
Months of reserve2.2mo · bottom quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like FIRST COMMAND EDUCATIONAL FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 3%Fundraising 7%

Governance

11
board members
91%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

40%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FIRST COMMAND EDUCATIONAL FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FIRST COMMAND EDUCATIONAL FOUNDATION?
FIRST COMMAND EDUCATIONAL FOUNDATION (Texas) receives grants from 9 organizations whose IRS filings report $519,030 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($308,200). 4 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FIRST COMMAND EDUCATIONAL FOUNDATION have?
IRS filings report 9 organizations giving $519,030 in grants to FIRST COMMAND EDUCATIONAL FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of FIRST COMMAND EDUCATIONAL FOUNDATION?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $308,200 in grants. The full list of funders is on this page.
How can an organization like FIRST COMMAND EDUCATIONAL FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds First Command Educational →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing