Wharton Aerospace
- Assets
- $92.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poway, CA
- Founding
- 10/2016
- Data as of
- 12/2019
- 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 12/2019, Wharton Aerospace generated $97.4k 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 (9.9%) each year. All expenses for the organization totaled $5.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 3 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
2019
Describe the Organization's Program Activity:
Part 3
CONFERENCES THAT ENGAGE IN INNOVATION, NEW VENTURES AND EMERGING BUSINESSES IN COMMERCIAL AEROSPACE AND DEFENSE INDUSTRIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $97,423 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,423 |
| 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 | $5,308 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $5,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,115 |
| Other assets | $0 |
| Total assets | $92,115 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,115 |
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