Yale Aviation Inc
- Assets
- $324.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Guilford, CT
- Founding
- 09/1966
- Data as of
- 09/2023
- EIN
- 06-0841045
Organization Overview
Yale Aviation Inc is located in Guilford, CT. The organization was established in 1966. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yale Aviation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Yale Aviation Inc generated $148.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $116.0k during the year ending 09/2023. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AVIATION EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarice Begemann President | 0 | $0 | |
Laura Baldwin Secretary | 0 | $0 | |
Josh Snow Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,250 |
| Total Program Service Revenue | $61,279 |
| Membership dues | $30,000 |
| Investment income | $0 |
| Gain or Loss | $16,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,529 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,399 |
| Total expenses | $115,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,351 |
| Other assets | $0 |
| Total assets | $324,066 |
| Total liabilities | $36,887 |
| Net assets or fund balances | $287,179 |