Young Aviators Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Racine, WI
- Founding
- Data as of
- 12/2019
- EIN
- 26-4069578
Organization Overview
Young Aviators Corporation is located in Racine, WI. Young Aviators Corporation 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 12/2019, Young Aviators Corporation generated $13.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $69.9k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S EXEMPT PURPOSE IS ACHIEVED THROUGH CLASSROOM, SIMULATOR, AND PILOTING AIRCRAFT DURING AFTER SCHOOL PROGRAMS AS WELL AS A SUMMER PROGRAMS HELD EACH YEAR. THE PROGRAMS ARE OPEN TO HIGH SCHOOL AGED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Palazzola Member At La | 0 | $0 | |
Sean Dwyer Vice Preside | 0 | $0 | |
Timothy Thompson Member At La | 0 | $0 | |
Steve Myers President | 0 | $0 | |
Phil Fountain Program Comm | 0 | $0 | |
Jerry Bovitz Aircraft Bld | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,822 |
| Total Program Service Revenue | $8,535 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,357 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $2,200 |
| Printing, publications, postage, and shipping | $1,103 |
| Other expenses | $31,123 |
| Total expenses | $69,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Aviators Corporation has recieved totaling $31,668.
| Awarding Organization | Amount |
|---|---|
Racine Community Foundation Inc Racine, WI PURPOSE: SUPPORT RACINE COUNTY STUDENTS AT THE 2015 YOUNG AVIATORS SUMMER PROGRAM | $15,834 |
Racine Community Foundation Inc Racine, WI PURPOSE: SUPPORT RACINE COUNTY STUDENTS AT THE 2015 YOUNG AVIATORS SUMMER PROGRAM | $15,834 |
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