Tango Thirty One Aero Clube Inc is located in McKinney, TX. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tango Thirty One Aero Clube 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 12/2023, Tango Thirty One Aero Clube Inc generated $156.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $55.5k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
INTRODUCING YOUNG LOCAL HIGH SCHOOL STUDENTS INTO THE AVIATION COMMUNITY IN BOTH AIRCRAFT MAINTENANCE AND FLIGHT TRAINING. IT IS INTENDED FOR THOSE YOUTH WITH LIMITED FINANCIAL MEANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
J Kevin Lacey President | 30 | $0 | |
Steve Afeman Secretary | 10 | $0 | |
Alex Coats Officer | 10 | $0 | |
Ms Amy Mattingly Officer | 10 | $0 | |
Dr Marli White Officer | 10 | $0 | |
Ms Beverly Collin Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $155,993 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $69 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $156,062 |
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 | $190 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $55,277 |
Total expenses | $55,467 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,308 |
Other assets | $0 |
Total assets | $320,308 |
Total liabilities | $0 |
Net assets or fund balances | $320,308 |