Society Of Experimental Test Pilots
- Assets
- $1.1m
- Revenue
- $950.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Lancaster, CA
- Founding
- 08/1959
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Society Of Experimental Test Pilots generated $950.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $758.3k during the year ending 12/2021. 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
2021
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
65TH ANNUAL SYMPOSIUM
VIRTUAL SYMPOSIUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Balderas Exec Director | Officer | 40 | $115,500 |
R Lowry Legal Officer | OfficerTrustee | 1 | $0 |
B Pierson Vice President | OfficerTrustee | 1 | $0 |
D Larson President | OfficerTrustee | 1 | $0 |
K Latimer Secretary | OfficerTrustee | 1 | $0 |
K Smith Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $417,214 |
| 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 | $417,214 |
| Total Program Service Revenue | $510,315 |
| Investment income | $488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,274 |
| 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 | $663 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,128 |
| 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 | $23,340 |
| Compensation of current officers, directors, key employees. | $114,500 |
| Compensation of current officers, directors, key employees. | $94,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,719 |
| Pension plan accruals and contributions | $6,285 |
| Other employee benefits | $16,607 |
| Payroll taxes | $17,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,827 |
| Fees for services: Accounting | $6,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $634 |
| Advertising and promotion | $0 |
| Office expenses | $19,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,846 |
| 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 | $5,826 |
| Insurance | $3,081 |
| All other expenses | $384,298 |
| Total functional expenses | $758,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $961,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,351 |
| Prepaid expenses and deferred charges | $8,513 |
| Net Land, buildings, and equipment | $33,940 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,051,731 |
| Accounts payable and accrued expenses | $5,916 |
| Grants payable | $0 |
| Deferred revenue | $204,510 |
| 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 | $10,500 |
| Total liabilities | $220,926 |
| Net assets without donor restrictions | $830,805 |
| 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 | $1,051,731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of Experimental Test Pilots has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Baddour Family Foundation Belmont, MA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
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|---|---|---|
Multnomah Defenders Inc Portland, OR | $2,894,580 | $6,298,289 |
Safety Center Inc Sacramento, CA | $2,980,069 | $5,770,945 |
Napa Communities Firewise Foundatio N St Helena, CA | $4,331,547 | $6,645,249 |
Industrial Emergency Council Belmont, CA | $2,970,801 | $4,137,796 |
Gold Shovel Association Tempe, AZ | $366,738 | $2,934,848 |
California Association Of Dui Treatment Programs Escondido, CA | $556,471 | $2,391,480 |
Aip Foundation Inc Tucson, AZ | $4,484,234 | $2,532,836 |
Los Angeles County Fire Department Los Angeles, CA | $3,782,014 | $2,189,325 |
Arizona Chapter National Safety Council Inc Phoenix, AZ | $2,294,093 | $1,968,671 |
Agsafe Modesto, CA | $2,896,319 | $1,447,003 |
Impact Teen Drivers Fund Sacramento, CA | $1,643,881 | $1,277,959 |
Teen Lifeline Inc Phoenix, AZ | $2,575,906 | $1,899,971 |