Air Brake Association
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, CA
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 75-3111842
Organization Overview
Air Brake Association is located in Lincoln, CA. The organization was established in 2008. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Brake Association 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 12/2023, Air Brake Association generated $11.4k 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 (10.8%) each year. All expenses for the organization totaled $18.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
SPONSORING CONVENTIONS PROVIDING RESOURCE MATERIAL, IN COOPERATION WITH OTHER RAILWAY ASSOC. FURNISH INFORMATION CONCERNING BEST METHODS OF OPERATING AND CORRECTING DEFECTS IN SERVICE. WE HELD 1 CONV/EVENT WITH 57 ATTENDEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Truitt President | 0.5 | $0 | |
Mark Michael 1st Vice President | 0.5 | $0 | |
Don Francisco 2nd Vice President | 0.5 | $0 | |
Max Vanderby 3rd Vice President | 0.5 | $0 | |
Adam Eby Sr Exec Officer | 0.5 | $0 | |
Yi Wang 1st Exec Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,437 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,437 |
| 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 | $1,952 |
| Printing, publications, postage, and shipping | $5,371 |
| Other expenses | $11,032 |
| Total expenses | $18,355 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,140 |
| Other assets | $0 |
| Total assets | $24,140 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,140 |