Kannon Aviation Inc
- Assets
- $2.0m
- Revenue
- $1.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Cheyenne, WY
- Founding
- Data as of
- 12/2022
- EIN
- 86-2294266
Organization Overview
Kannon Aviation Inc is located in Cheyenne, WY. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kannon Aviation 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 12/2022, Kannon Aviation Inc generated $1.2k in total revenue. All expenses for the organization totaled $25.1k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
1) ADJUSTED ROADMAP PRIORITIZATION BASED ON INPUT FROM KEY STAKEHOLDERS AND BACKLOG FROM REGULATORY AND PRIVATE ENTITIES; 2) PROCURED AND OPERATIONALIZED CRITICAL PLANT, LAND AND EQUIPMENT AS OUTLINED IN THE YEAR PRIOR; 3) CONTINUED DEVELOPING PROGRAM SERVICE INITIATIVES AND SUPPORTING DEPENDENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE CRITICAL COMPONENT TO THE MISSION OF THIS PROGRAM WAS ACHIEVED DURING THE YEAR: TO PROCURE AND OPERATIONALIZE A BASE OF OPERATIONS THAT WAS COMPATIBLE WITH AND TAILORED FOR ITS PROGRAM STAKEHOLDERS. THE AIRCRAFT HANGAR, BEING ADJACENT TO SEVERAL HOSPITAL SYSTEMS, UNIVERSITIES, AND LAW ENFORCEMENT AGENCIES, WAS REMODELED AND PURPOSE-BUILT. THE AIRCRAFT ITSELF WAS ALSO DELIVERED AND SPECIFICALLY SELECTED FOR ITS MISSION PARAMETERS (E.G., CALIFORNIA RESTRICTIONS ON LEAD-BASED FUEL, FUEL EFFICIENCY, LOAD CAPACITY, INGRESS/EGRESS, AND RANGE). ALTHOUGH ONE SETBACK, THE LOSS OF THE ORGANIZATION'S CHIEF PILOT, HAD CAUSED TIMING DELAYS AND ISSUES WITH ROLE MANAGEMENT, TRAINING WAS GIVEN TO THE ORGANIZATION'S DIRECTOR (REVENUE) TO PROVIDE THE NECESSARY TRAINING TO OTHER PILOTS AS MANDATED BY INSURANCE POLICIES. FURTHER DELAYS HAVE BEEN EXPERIENCED WITH DEPENDENT REGULATORY AND PRIVATE BODIES (E.G., THE FAA AND DONATION SPONSORS) DUE TO A SHARP INCREASE IN AVIATION-RELATED REQUESTS AND DECLINING MARKET CONDITIONS. DESPITE THIS, THE ORGANIZATION HAS STEADILY MADE PROGRESS ON ITS MISSION.
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PDF Copies of 990 Filings
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 | $1,184 |
| Noncash contributions included in lines 1a–1f | $1,184 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,184 |
| 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 | $1,184 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $197 |
| Fees for services: Accounting | $180 |
| 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 | $1,356 |
| Information technology | $398 |
| Royalties | $0 |
| Occupancy | $18,051 |
| Travel | $12 |
| 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 | $1,739 |
| All other expenses | $0 |
| Total functional expenses | $25,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,456,510 |
| 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 | $7,116 |
| Net Land, buildings, and equipment | $567,336 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $398 |
| Other assets | $0 |
| Total assets | $2,031,360 |
| Accounts payable and accrued expenses | $8,992 |
| 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 | $8,992 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,045,849 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$23,481 |
| Total liabilities and net assets/fund balances | $2,031,360 |