Inspire Aviation is located in Wadsworth, OH. The organization was established in 2015. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire 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 12/2021, Inspire Aviation generated $35.4k 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 (11.0%) each year. All expenses for the organization totaled $8.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
HELD PROPS AND PISTONS FESTIVAL AT AKRON-FULTON AIRPORT TO PROMOTE AVIATION AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hans Krach Director | 1 | $0 | |
Mike Bowser President | 3 | $0 | |
Matt Baranyk Treasurer | 1 | $0 | |
Ben Satyshur Director | 1 | $0 | |
Noral Copeland Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,927 |
Total Program Service Revenue | $2,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $8,500 |
Total Revenue | $35,427 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,811 |
Total expenses | $8,811 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $75,054 |
Other assets | $0 |
Total assets | $75,630 |
Total liabilities | $0 |
Net assets or fund balances | $75,630 |
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