Alabama Aviation Education Center Incorporated
- Assets
- $4.8m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Mobile, AL
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-4418604
Organization Overview
Alabama Aviation Education Center Incorporated is located in Mobile, AL. The organization was established in 2018. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2022, Alabama Aviation Education Center Incorporated employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Aviation Education Center Incorporated 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 12/2022, Alabama Aviation Education Center Incorporated generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 53.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AID, PROMOTE, DESIGN, DEVELOP AND DELIVER EDUCATION MATERIALS; ENSURE EDUCATIONAL AND WORKFORCE DEVELOPMENT OUTCOMES ARE ACHIEVED AND DOCUMENTED; PROMOTE CAREERS ASSOCIATED WITH AVIATION, MANUFACTURING AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) FIELDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO AID, PROMOTE, DESIGN, DEVELOP AND DELIVER EDUCATION MATERIALS; ENSURE EDUCATIONAL AND WORKFORCE DEVELOPMENT OUTCOMES ARE ACHIEVED AND DOCUMENTED; PROMOTE CAREERS ASSOCIATED WITH AVIATION, MANUFACTURING AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Hurdle Director - President | OfficerTrustee | 5 | $0 |
Stephanie Prescott Director | Trustee | 5 | $0 |
Enzo Finizola Sec / Treasurer | Trustee | 5 | $0 |
Christine Hart Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,209,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,209,085 |
| Total Program Service Revenue | $25,820 |
| Investment income | $21,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,256,165 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,290 |
| Pension plan accruals and contributions | $5,553 |
| Other employee benefits | $18,406 |
| Payroll taxes | $20,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,698 |
| Advertising and promotion | $262,275 |
| Office expenses | $10,615 |
| Information technology | $23,640 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,071 |
| Insurance | $22,573 |
| All other expenses | $122,601 |
| Total functional expenses | $2,137,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,493,602 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $283,239 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,776,841 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $201 |
| Total liabilities | $201 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $4,776,640 |
| Total liabilities and net assets/fund balances | $4,776,841 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Aviation Education Center Incorporated has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Early Learning Coalition Of Marion County Inc Ocala, FL | $2,959,241 | $19,272,035 |
Eastern States Veterinary Association Inc Orlando, FL | $24,266,314 | $20,705,177 |
Alabama Education Association Inc Montgomery, AL | $11,369,391 | $16,688,773 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
College And University Professional Association For Human Resources Knoxville, TN | $15,862,589 | $7,812,208 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Downtown Miami Charter School Inc Miami, FL | $1,756,433 | $6,102,697 |
Florida Education Association Orlando, FL | $1,972,513 | $5,719,056 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |