Society Of Experimental Test Pilots
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Lancaster, CA
- Founding
- 08/1959
- Data as of
- 12/2023
- EIN
- 95-2013453
Organization Overview
Society Of Experimental Test Pilots is located in Lancaster, CA. The organization was established in 1959. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Society Of Experimental Test Pilots employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Society Of Experimental Test Pilots 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 12/2023, Society Of Experimental Test Pilots generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $964.1k during the year ending 12/2023. 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
PROFESSIONAL MEMBERSHIP ORGANIZATION TO PROMOTE FLIGHT TEST SAFETY THROUGH EDUCATIONAL PROGRAMS AND PUBLICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
67TH ANNUAL SYMPOSIUM
PROFESSIONAL MEMBERSHIP ORGANIZATION TO PROMOTE FLIGHT TEST SAFETY THROUGH EDUCATIONAL PROGRAMS AND PUBLICATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Sandberg President | Trustee | 40 | $0 |
J Tracy Eu Section Rep | Trustee | 1 | $0 |
J Bieryla Gl Section Rep | Trustee | 1 | $0 |
S Elwell Ec Section Rep | Trustee | 1 | $0 |
S Neumann Se Section Rep | Trustee | 1 | $0 |
S John I Section Rep | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $421,252 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $421,252 |
| Total Program Service Revenue | $680,239 |
| Investment income | $8,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,400 |
| Net Gain/Loss on Asset Sales | -$142 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,685 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,127,694 |
| 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 | $19,809 |
| 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 | $202,982 |
| Pension plan accruals and contributions | $7,161 |
| Other employee benefits | $28,351 |
| Payroll taxes | $19,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,007 |
| Advertising and promotion | $0 |
| Office expenses | $33,902 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,047 |
| 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 | $7,412 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $964,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,932 |
| Savings and temporary cash investments | $1,203,337 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,919 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $68,591 |
| Prepaid expenses and deferred charges | $14,256 |
| Net Land, buildings, and equipment | $75,424 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,385,459 |
| Accounts payable and accrued expenses | $5,495 |
| Grants payable | $0 |
| Deferred revenue | $181,819 |
| 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 | $13,099 |
| Total liabilities | $200,413 |
| Net assets without donor restrictions | $1,185,046 |
| 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 | $1,385,459 |