Order Of Daedalians Inc
- Assets
- $2.1m
- Revenue
- $227.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Randolph Afb, TX
- Founding
- 09/1955
- Data as of
- 12/2022
- EIN
- 74-1228946
Organization Overview
Order Of Daedalians Inc is located in Randolph Afb, TX. The organization was established in 1955. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Order Of Daedalians Inc employed 9 individuals. This organization is the central organization for a national or regional group of organizations. Order Of Daedalians Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Order Of Daedalians Inc generated $227.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $438.8k 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
THE ORDER IS ORGANIZED & OPERATED EXCLUSIVELY FOR CHARITABLE & EDUCATIONAL PURPOSES. THE ORGANIZATION HAS 9,331 MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORDER PROMOTES INTEREST IN THE HISTORY OF MILITARY AVIATION & ENCOURAGES THE DEVELOPMENT OF SAFETY & INTEREST IN THE AVIATION & AEROSPACE FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maj Gen Jerrold P Allen Usaf Ret Commander & | OfficerTrustee | 1 | $0 |
Mg Ronald K Andreson Usa Ret Vice Command | OfficerTrustee | 1 | $0 |
Lt Gen Richard E Brown III Usaf Ret Chaplain | OfficerTrustee | 1 | $0 |
Col Debra Gray Usaf Secretary | OfficerTrustee | 1 | $0 |
Ltc Daniel Clark Usa Ret Treasurer | OfficerTrustee | 1 | $0 |
Col James W Kellogg Usaf Ret Provost Mars | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $150,968 |
| Investment income | $60,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,019 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $227,427 |
| 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. | $49,460 |
| Compensation of current officers, directors, key employees. | $20,279 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,169 |
| Travel | $25,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,494 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,693 |
| Insurance | $8,563 |
| All other expenses | $8,187 |
| Total functional expenses | $438,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75 |
| Savings and temporary cash investments | $207,195 |
| 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 | $9,929 |
| Net Land, buildings, and equipment | $37,796 |
| Investments—publicly traded securities | $1,884,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,139,392 |
| Accounts payable and accrued expenses | $90,891 |
| Grants payable | $0 |
| Deferred revenue | $2,458,052 |
| 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 | $2,548,943 |
| Net assets without donor restrictions | -$409,551 |
| 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 | $2,139,392 |