Wharton Aerospace
- Assets
- $202.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poway, CA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-2749204
Organization Overview
Wharton Aerospace is located in Poway, CA. The organization was established in 2016. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, 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. Wharton Aerospace is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Wharton Aerospace generated $155.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $134.7k during the year ending 12/2022. While expenses have increased by 14.9% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Langman Co-President | 10 | $0 | |
Ellen Chang Co-President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,325 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $897 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,222 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $133,925 |
| Total expenses | $134,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,994 |
| Other assets | $0 |
| Total assets | $201,994 |
| Total liabilities | $0 |
| Net assets or fund balances | $201,994 |