Aircraft Electronics Association Educational Foundation

Organization Overview

Aircraft Electronics Association Educational Foundation is located in Lees Summit, MO. The organization was established in 1990. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aircraft Electronics Association Educational Foundation 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, Aircraft Electronics Association Educational Foundation generated $227.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $208.8k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SECURE THE FUTURE OF AVIATION BY FURTHERING THE EDUCATION OF STUDENTS, TECHNICIANS AND OTHERS AS DETERMINED BY AVIATION INDUSTRY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDED SCHOLARSHIPS TO 18 STUDENTS IN AVIONICS.


EXPENSES RELATED TO TRAINING INDIVIDUALS ABOUT AIRCRAFT ELECTRONICS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Adamson
Secretary/tr
$0
Garry Joyce
Chair
$0
Bill Hanf
Vice Chairma
$0
David Loso
Director
$0
Greg Vail
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$19,335
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,335
Total Program Service Revenue$163,393
Investment income $788
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $42,321
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $227,763

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