Teen Aircraft Factory Of Manasota
- Assets
- $142.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-0854957
Organization Overview
Teen Aircraft Factory Of Manasota is located in Sarasota, FL. The organization was established in 2016. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, 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. Teen Aircraft Factory Of Manasota 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, Teen Aircraft Factory Of Manasota generated $84.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $9.8k during the year ending 12/2021. While expenses have increased by 19.1% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION COMPLETED ITS SECOND AIRCRAFT AND SOLD IT IN 2021. THE ORGANIZATION TEACHES AT-RISK YOUTH RESPONSIBILITY, MECHANICAL SKILLS, AND A SENSE OF PRIDE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Handley Director | 8 | $0 | |
Ric Romanoff President | 8 | $0 | |
Bradley Smith VP | 8 | $0 | |
Ute Kegel Secretary | 8 | $0 | |
James Faix Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,780 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,531 |
| Other Revenue | $0 |
| Total Revenue | $84,094 |
| 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 | $3,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,810 |
| Total expenses | $9,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,064 |
| Other assets | $0 |
| Total assets | $142,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,402 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teen Aircraft Factory Of Manasota has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Msc Foundation Inc Sarasota, FL PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $2,000 |
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|---|---|---|
Circus Arts Conservatory Inc Sarasota, FL | $8,250,938 | $3,678,261 |
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Central Florida Leadership Academy Orlando, FL | $907,146 | $949,448 |
Donna J Beasley Tri-County Apprenticeship Academy Inc Fort Myers, FL | $2,484,680 | $1,196,685 |
Georgia Association For Career & Technical Education Inc Marietta, GA | $923,695 | $850,463 |
Suncoast Developers Guild Inc Saint Petersburg, FL | $243,974 | $739,389 |
Citation Jet Pilots Safety And Education Foundation Inc Enterprise, FL | $314,548 | $637,068 |
Florida School Of Traditional Midwifery Inc Gainesville, FL | $713,081 | $663,052 |
Florida Association For Career And Technical Education Inc Tallahassee, FL | $536,597 | $623,685 |
Training Solutions For Construction & Industry Mobile, AL | $336,420 | $605,754 |