New Vision Aviation
- Assets
- $292.5k
- Revenue
- $202.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Fresno, CA
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 36-4893866
Organization Overview
New Vision Aviation is located in Fresno, CA. The organization was established in 2018. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, New Vision Aviation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Vision Aviation 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 12/2022, New Vision Aviation generated $202.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $120.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEW VISION AVIATION, INC. NVA IS A 501C3 NON-PROFIT CHARITABLE ORGANIZATION DEDICATED TO PROVIDING RESIDENTS AND YOUTH FROM DISADVANTAGED COMMUNITIES IN THE SAN JOAQUIN VALLEY WITH THE OPPORTUNITY TO EXPERIENCE FLIGHT AND BEGIN TRAINING FOR CAREERS IN AVIATION. FOUNDED IN MARCH 2018, NEW VISION AVIATION?S TAG LINE IS ?ELEVATING PEOPLE THROUGH AVIATION?.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NVA?S AVIATION EDUCATION PROGRAMS SERVED OVER 45 YOUTH FROM OUR DISADVANTAGED COMMUNITIES OF COLOR IN 2022. NVA CONTRACTED WITH FRESNO UNIFIED SCHOOL DISTRICT TO PROVIDE TWO (2) ONE-WEEK SUMMER CAMPS IN JULY AND AFTER SCHOOL AVIATION EDUCATION PROGRAMS AT THREE HIGH SCHOOLS STARTING IN MARCH 2022 AND CONTINUING THROUGH DECEMBER 2022. NVA HAD FIVE (5) STUDENTS IN ACTIVE FLIGHT TRAINING DURING 2022. NVA CONTINUED TO MANAGE FOUR (4) ADVANCED ELECTRIC AIRCRAFT DURING THE YEAR. NVA PURCHASED A 2017 DISTAR 60 SUN DANCER MOTOR GLIDER TO PROVIDE GLIDER TRAINING FOR STUDENTS USING FUNDING FROM A GENEROUS GRANT FROM THE WOOD NEXT FUND IN 2021. NVA CONTINUED TO WORK WITH THE CENTRAL VALLEY COMMUNITY FOUNDATION, FRESNO UNIFIED SCHOOL DISTRICT, AND LOCAL GOVERNMENTS TO BREAK BARRIERS FOR YOUTH FROM OUR COMMUNITIES OF COLOR TO HELP THEM ENTER THE AVIATION INDUSTRY AS PART OF THE NEXT GEN AVIATION INITIATIVE LED BY THE CENTRAL VALLEY COMMUNITY FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Oldham President | Officer | 16 | $23,600 |
Pete Moe Director | Trustee | 0 | $0 |
Carl Christenson Director | Trustee | 0 | $0 |
Jim Shamp Director | Trustee | 0 | $0 |
Bill Campbell Director | Trustee | 0 | $0 |
Charles Johnson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,585 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,620 |
| Total Program Service Revenue | $91,187 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,600 |
| Compensation of current officers, directors, key employees. | $11,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,168 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $533 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,070 |
| Advertising and promotion | $300 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,304 |
| Insurance | $2,618 |
| All other expenses | $308 |
| Total functional expenses | $120,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,780 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $83,731 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $292,512 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $209,646 |
| Net assets with donor restrictions | $82,866 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $292,512 |