Pgm Aviation
- Assets
- $155.8k
- Revenue
- $255.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Haltom City, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-1648053
Organization Overview
Pgm Aviation is located in Haltom City, TX. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pgm Aviation 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, Pgm Aviation generated $255.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $124.4k during the year ending 12/2023. While expenses have increased by 1.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE AND FLY HISTORIC AIRCRAFT AT AIRSHOWS AROUND THE COUNTRY TO HIGHLIGHT THE HISTORY AND SACRIFICE OF THE SERVICEMEN WHO FLEW AND SERVICED THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN EFFORTS HAVE BEEN WITH THE DOUGLAS B-26K/A-26A, WHICH WAS A TYPE USED DURING THE VIETNAM CONFLICT OF THE 1960S. THIS AIRCRAFT IS THE LAST SURVIVOR OF ITS KIND THAT IS STILL AIRWORTHY. IT WILL BE USED TO BRING ATTENTION TO A HIGHLY CLASSIFIED MISSION CONDUCTED AT NIGHT OVER LAOS TO INTERDICT SUPPLY CONVOYS COMING FROM NORTH VIETNAM TO THE SOUTH VIA THE INFAMOUS HO CHI MINH TRAIL. THE SUCCESS OF THE 609TH SPECIAL OPERATIONS SQUADRON COULD NOT BE PUBLICIZED AT THE TIME UNTIL IT WAS DECLASSIFIED IN 1992. WE WANT TO BRING THIS HISTORY TO AIRSHOWS SO THAT YOUNGER AMERICANS WILL REALIZE WHAT IT TAKES TO DEFEND OUR DEMOCRACY AND HONOR THOSE WHO SACRIFICED SO MUCH IN THE WAY OF BLOOD, SWEAT AND TEARS.OUR PROGRAMS ARE CENTERED AROUND THE CARE OF TWO LEASED AIRCRAFT: THE A-26 AND THE T-33, FIRST AIR JET TRAINER OF THE US AIRFORCE IN 1948. THESE ARE RESTORED AND MAINTAINED IN BETTER THAN NEW CONDITION. THEY ARE THEN DISPLAYED IN THE VINTAGE FLYING MUSEUM IN FORT WORTH, TEXAS, AND AT AIRSHOWS ACROSS THE COUNTRY. WE PROVIDE MAINTENANCE INSTRUCTION OPPORTUNITIES FOR YOUNG STUDENTS TO LEARN THE MECHANIC TRADE AS WELL AS GIVING A SCHOLARSHIP TO ONE TOWARD THE COMPLETION OF A&P SCHOOL TO BECOME A FAA CERTIFIED MECHANIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judson Gary Chenoweth President | OfficerTrustee | 4 | $0 |
Jr Hoffman Vice President | OfficerTrustee | 20 | $0 |
Terry Carbonell Treasurer | OfficerTrustee | 20 | $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 | $255,571 |
| Noncash contributions included in lines 1a–1f | $16,930 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,571 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $255,571 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| Grants and other assistance to domestic individuals. | $1,720 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,618 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $60 |
| Total functional expenses | $124,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,841 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,841 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $155,841 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $155,841 |