Armed Forces Aero Club Inc
- Assets
- $135.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 11/1970
- Data as of
- 01/2022
- EIN
- 95-2508565
Organization Overview
Armed Forces Aero Club Inc is located in San Diego, CA. The organization was established in 1970. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armed Forces Aero Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2022, Armed Forces Aero Club Inc generated $176.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $158.6k during the year ending 01/2022. While expenses have increased by 5.1% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AIRPLANE PILOT TRAINING OF MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nigel Worrall Vice President | 1 | $0 | |
Edward Christensen President | 3 | $0 | |
David Piontek Operations | 1 | $0 | |
David Billings Training | 1 | $0 | |
Jason Schoger Maintenance | 1 | $0 | |
Milton Cochran Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $142,613 |
| Membership dues | $34,141 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $157,390 |
| Total expenses | $158,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,899 |
| Other assets | $0 |
| Total assets | $135,824 |
| Total liabilities | $11,108 |
| Net assets or fund balances | $124,716 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veteran Tickets Foundation Tempe, AZ | $3,473,043 | $70,156,514 |
Swords To Plowshares Veterans Rights Organization San Francisco, CA | $13,731,803 | $35,297,923 |
Nations Finest Santa Rosa, CA | $6,187,944 | $28,671,006 |
Vietnam Veterans Of San Diego San Diego, CA | $48,971,024 | $19,292,555 |
D A V Industries Spring Valley, CA | $16,692,300 | $10,872,133 |
Amvets Department Of California Service Foundation Garden Grove, CA | $23,614,480 | $12,375,344 |
Blue Star Families Inc Encinitas, CA | $9,421,835 | $11,402,884 |
Veterans Transition Center Of Monterey County Marina, CA | $10,271,050 | $3,306,792 |
Uso - Greater Los Angeles Area Inc Dba Bob Hope Uso Long Beach, CA | $9,922,016 | $7,823,004 |
Sepulveda Research Corporation North Hills, CA | $0 | $358,377 |
Support The Enlisted Project Inc San Diego, CA | $1,459,918 | $2,679,000 |
For The Troops Simi Valley, CA | $784,854 | $2,236,492 |