Experimental Aircraft Association Chapter 983 Inc
- Assets
- $130.6k
- Revenue
- $22.9k
- Investments
- $100.0k
- Employees
- 0
- Location
- Granbury, TX
- Founding
- 01/2015
- Data as of
- 12/2019
- EIN
- 75-2704367
Organization Overview
Experimental Aircraft Association Chapter 983 Inc is located in Granbury, TX. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Experimental Aircraft Association Chapter 983 Inc 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 12/2019, Experimental Aircraft Association Chapter 983 Inc generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $31.8k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
EAA 983 MISSION IS TO PROMOTE AVIATION THRU CUMMUNITY ACTIVITIES TO EDUCATE AND TRAIN MEMBERS AND THE PUBLIC ON AVIATION SAFTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EAA 983 COMMUNITY FLY-IN IS AN OUTREACH EVENT FOR THE COMMUNITY TO LEARN ABOUT AVIATION. EAA YOUNG EAGLES (STUDENTS) ARE PROVIDED RIDES IN AIRPLANES TO EXPERIENCE FLIGHT. ADDITIONAL EDUCATION IS PROVIDED MONTHLY TO MEMBERS WHO ATTEND REGULAR MEETINGS.
STUDENTS ARE PROVIDED THE OPPORTUNITY TO ATTEND ONE WEEK OF THE EAA YOUNG EAGLES PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kliff Black Secretary | Officer | 1 | $0 |
Ed Askins Treasurer | Officer | 1 | $0 |
Dave Smith Vice Preside | Officer | 1 | $0 |
Doug Crumrine Director | Trustee | 1 | $0 |
Bill Eslick Director | Trustee | 1 | $0 |
Tom Woodward Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,356 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,586 |
| Total Program Service Revenue | $16,441 |
| 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 | $22,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,400 |
| 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 | $0 |
| 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 | $1,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,997 |
| Travel | $1,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,700 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,000 |
| Insurance | $608 |
| All other expenses | $0 |
| Total functional expenses | $31,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,914 |
| 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 | $844 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $130,558 |
| 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 | $0 |
| 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 | $130,558 |
| Total liabilities and net assets/fund balances | $130,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Experimental Aircraft Association Chapter 983 Inc has recieved totaling $199.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $199 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakewest Revitalization Foundation Inc Dallas, TX | $0 | $14,279 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
San Antonio Area Foundation Group Return San Antonio, TX | $40,579,905 | $5,477,004 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
World Technical Services Inc San Antonio, TX | $2,009,761 | $7,407,418 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Cinco Ranch Residential Association Dallas, TX | $13,739,829 | $9,730,745 |
Fifth Ward Community Redevelopment Houston, TX | $11,525,956 | $8,246,995 |
Ozark Opportunities Inc Harrison, AR | $2,913,630 | $6,819,793 |
Southwest Oklahoma Community Action Group Inc Altus, OK | $4,395,408 | $6,280,585 |
Texas Appleseed Austin, TX | $7,949,482 | $7,859,791 |