Bob Hoover Academy is located in Salinas, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Bob Hoover Academy 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, Bob Hoover Academy generated $698.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $229.3k during the year ending 12/2021. While expenses have increased by 25.9% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CATALYZE TRANSFORMATIVE LIFE EXPERIENCES IN AVIATION & EDUCATION FOR AT-RISK & UNDER-SERVED TEENS.
Describe the Organization's Program Activity:
SUMMARY: 2021 BEGAN THE SECOND YEAR OF THE WORLDWIDE COVID-19 PANDEMIC. THE BOB HOOVER ACADEMY(BHA) ENDURED CHALLENGES, YET CONTINUED TO DREAM BIG.2021 COMPLETED THE SIXTH YEAR OF OUR UNIQUE PUBLIC-PRIVATE PARTNERSHIP WITH THE MONTEREY COUNTY OFFICE OF EDUCATION (MCOE). THIS PARTNERSHIP PROVIDES FULL-TIME ACCESS TO OUR STUDENTS, AND IS THE FOUNDATION OF SUCCESS. WHILE COVID-19 LIMITED OUR STUDENTS WITH LITTLE AT-HOME RESOURCES,BHA HAS PIVOTED AND ADAPTED IN ORDER TO SUPPORT.BHA CONTINUED THROUGH 2021 TO PROVIDE AVIATION OPPORTUNITIES TO THE MCOE ALTERNATIVE EDUCATION SAFE CLASS. THESE OPPORTUNITIES INCLUDED: FLIGHT TRAINING, SIMULATOR TRAINING, GROUND SCHOOL, AND EVENTS. WE FACILITATED THESE OPPORTUNITIES WITH STAFF, VOLUNTEERS, BOARD MEMBER LEADERSHIP, AND DONOR SUPPORT.2021 STATISTICS: 24 STUDENTS, 274.3 PLANE HOURS, 252 FLIGHTS FLOWN, 0 SOLO FLIGHTS, 28.9 SIMULATOR HOURS,41 SIMULATOR FLIGHTS, AND 188 VOLUNTEER HOURS. FLIGHT TRAINING: INSPIRING STUDENTS WITH FLIGHT CONTINUES TO BE THE CORE MISSION OF THE BOB HOOVER ACADEMY. CHIEF FLIGHT INSTRUCTORS COMPLETED PRE-SOLO FLIGHT CHECKS FOR OUR STUDENTS. FLIGHT SIMULATOR: UTILIZATION OF THE REDBIRD FMX FLIGHT SIMULATOR HAS CONTINUED TO PROVIDE EXCELLENT INTRODUCTORY AND MAINTENANCE TRAINING FOR OUR STUDENTS. IN THE BEGINNING OF 2020, THE SIMULATOR OPERATION WAS GOING STRONG, WITH AN INCREASE OF STUDENT VISITS OVER 2019. AFTER THE COVID-19 PANDEMIC STOPPED ACCESS, WE HAVE HAD NO VOLUNTEER TRAINING STUDENTS IN THE SIMULATOR. EACH CESSNA FLIGHT WITH A STUDENT TAKES 2 HOURS OF INSTRUCTOR TIME AND APPROXIMATELY 1 HOUR OF FLIGHT TIME. THIS EQUALS APPROXIMATELY $270 PER VISIT. EACH HOUR SPENT IN THE FLIGHT SIMULATOR REPLACES ONE FLIGHT LESSON IN THE AIRPLANE. BEFORE COVID WE WERE ABLE TO SERVE MORE STUDENTS BECAUSE OF THIS REPLACEMENT. OFTEN WE HAVE A STUDENT FLYING THE PLANE WITH THE INSTRUCTOR WHILE SIMULTANEOUSLY A STUDENT IS FLYING THE SIMULATOR WITH A VOLUNTEER. GROUND SCHOOL: BHA CONTINUED TO WORK CLOSELY WITH THE CLASSROOM TEACHERS AND UTILIZE THE AOPA HIGH SCHOOL AVIATION CURRICULUM. FROM JANUARY - MAY, THE SCHOOL USED THE ON-LINE PLATFORM ZOOM, AS WELL AS GOOGLE CLASSROOM, TO COMPLETE THE AOPA 10TH GRADE CURRICULUM. IN THE FALL, WE BEGAN TEACHING THE AOPA 11TH GRADE CURRICULUM. LIKELY, WE WILL ALTERNATE THE TEACHING OF THESE TWO YEARS OF CURRICULUM, AS WE HAVE DETERMINED THEY ARE THE MOST APPROPRIATE FOR OUR STUDENTS. VOLUNTEERS: WE ARE GOING STRONG THROUGH OUR FOURTH YEAR OF ADDING A VOLUNTEER PROGRAM. IT ALL BEGAN WHEN RETIRED AIRLINE PILOT STEVE MARTIN ATTENDED OUR COMMUNITY OPEN HOUSE TO ANNOUNCE OUR NEW REDBIRD FLIGHT SIMULATOR. HE ASKED IF HE COULD GET INVOLVED, AND THE VOLUNTEER PROGRAM WAS BORN. OUR VOLUNTEERS ARE RETIRED AND CURRENT PILOTS. THEY HAVE MILITARY AND CIVILIAN BACKGROUNDS. THEY ALL SHARE A FEW THINGS IN COMMON: A PASSION FOR AVIATION, AN UNDERSTANDING THAT OUR STUDENTS NEED CONSISTENT TIME WITH TRUSTWORTHY ADULTS, AND THE COMMITMENT TO LOVE OUR STUDENTS NO MATTER THEIR BACKGROUND. VOLUNTEER TIME INCLUDES INSTRUCTION IN THE SIMULATOR, AND ATTENDANCE AT EVENTS OR MEETINGS.VOLUNTEERS CONTRIBUTED 188 HOURS OF TIME IN THE FLIGHT SIMULATOR. IN ADDITION TO THIS TIME, THESE VOLUNTEERS HAVE ATTENDED/TAUGHT OUR WEEKLY GROUND SCHOOL, CHAPERONED FIELD TRIPS, AND WE HAVE ONE OTHER VOLUNTEER WHO IS OUR PRE-SOLO CHECK PILOT. EVENTS/FIELD TRIPS: JANUARY - MAY 2021 - NO EVENTS OR FIELD TRIPS DUE TO COVIDJUNE 2021 - DRIVE-THRU GRADUATIONSUMMER SCHOOL - 7 STUDENTS (3 CONTINUING, 4 NEW)AUGUST 2021 - AIRPORT ORIENTATION TOUROCTOBER 2021 - THUNDERBIRDS MEET & GREET AT THE MONTEREY AIRPORTNOVEMBER 2021 - AOPA SYMPOSIUM ON-LINE, GO KART FIELD TRIP, YOUNG EAGLES EVENT AT SALINAS AIRPORTDECEMBER 2021 - KAYAK FIELD TRIPCONSTRUCTION PROJECT:MCOE BEGAN A LONG ANTICIPATED RENOVATION PROJECT OF A NEW CAMPUS FOR OUR STUDENTS AT THE SALINAS AIRPORT. THE PLAN WAS DEVELOPED WITH THE AIRPORT MANAGEMENT AND THE MASTER LEASE HOLDER OF THE 1942 WWII HANGAR TO RENOVATE. THE RENOVATION DESIGN INCLUDES 2 CLASSROOMS, 2 OFFICES, RESTROOMS, AND A ROOM FOR THE FLIGHT SIMULATOR - ALL ADJACENT TO A QUARTER OF THE BIG HANGAR SPACE WHERE THE AIRPLANES WILL BE HANGARED!
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Wright Secretary | OfficerTrustee | 1 | $0 |
Ross Merrill Treasurer | OfficerTrustee | 5 | $0 |
Sean Tucker President & CEO | OfficerTrustee | 15 | $0 |
Colleen Tucker Director | Trustee | 10 | $0 |
Joan Cochran Director | Trustee | 1 | $0 |
Deneen Guss Director | Trustee | 1 | $0 |
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 | $704,587 |
Noncash contributions included in lines 1a–1f | $363,805 |
Total Revenue from Contributions, Gifts, Grants & Similar | $704,587 |
Total Program Service Revenue | $2,500 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$5,060 |
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 | $698,001 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,325 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,995 |
Advertising and promotion | $1,337 |
Office expenses | $1,804 |
Information technology | $8,560 |
Royalties | $0 |
Occupancy | $2,969 |
Travel | $1,657 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,967 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,865 |
Insurance | $15,329 |
All other expenses | $4,070 |
Total functional expenses | $229,290 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $283,580 |
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 | $361,682 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $60,630 |
Total assets | $705,892 |
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 | $705,892 |
Net assets with donor restrictions | $0 |
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 | $705,892 |
Over the last fiscal year, we have identified 3 grants that Bob Hoover Academy has recieved totaling $42,877.
Awarding Organization | Amount |
---|---|
Sally Hughes Church Foundation Salinas, CA PURPOSE: GRANT 1 OF 5 PAYMENT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $17,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $127 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |
Califa Group San Francisco, CA | $13,975,341 | $20,958,873 |