Air Explorer Squadron No 8
- Assets
- $235.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Topeka, KS
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3368151
Organization Overview
Air Explorer Squadron No 8 is located in Topeka, KS. The organization was established in 2009. 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. Air Explorer Squadron No 8 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 12/2021, Air Explorer Squadron No 8 generated $39.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $23.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
EXPENSE FOR THE USE OF AIRCRAFT AND PURCHASE OF EQUIPMENT AND SUPPLIES FOR EDUCATION AND TRAINING OF ALL ASPECTS OF AVIATION AND AIRCRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Osborne President | 1 | $0 | |
Judi Gray Treasurer | 1 | $0 | |
Lettie Thomas Director | 1 | $0 | |
Richard Marsh Director | 1 | $0 | |
Chris Golder Director | 1 | $0 | |
Neal Baughman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,423 |
| Total Program Service Revenue | $1,855 |
| Membership dues | $5,685 |
| Investment income | $17,756 |
| Gain or Loss | $1,102 |
| Net Income from Gaming & Fundraising | $9,032 |
| Other Revenue | $0 |
| Total Revenue | $39,853 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $8,847 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,521 |
| Total expenses | $23,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,177 |
| Other assets | $0 |
| Total assets | $235,776 |
| Total liabilities | $16,557 |
| Net assets or fund balances | $219,219 |