Yale Aviation Inc.

990EZ • Fiscal year 2013 • EIN 06-0841045

Oct 01, 2012 to Sep 30, 2013 • Filed on May 09, 2014

Organization Profile N/A

1121 Longhill RdGuilford, CT 06437

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.22x

Higher debt load relative to assets than 82% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

9.3%

Higher net margin than 63% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

8.1%

Faster asset growth than 60% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

2.4%

Faster revenue growth than 51% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets82nd percentile

Assets

$174,130

Up $13,090 (+8.1%) from 2012

Net Assets

$135,015

No earlier filing loaded for comparison.

Liabilities

$39,115

Up $4,793 (+14%) from 2012

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin63rd percentile

Revenue

$89,510

Up $2,106 (+2.4%) from 2012

Expenses

$81,213

Up $5,715 (+7.6%) from 2012

Net Income

Down

$8,297

Down $3,609 (-30%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$174,130

Liabilities$39,115

Net Assets$135,015

Open 2013 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$89,510

Expenses$81,213

Net Income$8,297

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2012 to Sep 30, 2013
Signed: May 9, 2014
Return Version: 2012v2.3

Mission and Program Overview

Mission

AVIATION EDUCATION

Filing and Contact Details

Filer

EIN: 06-0841045

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
CompensationExplanation/Compensation/PersonName	0	CLARICE BEGEMANN
CompensationExplanation/Compensation/PersonName	1	LAURA BALDWIN
CompensationExplanation/Compensation/PersonName	2	CHARLES SKELTON
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	77107
IRS990EZ/CashSavingsAndInvestments/EOY	0	88871
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	8297
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GrossReceipts	0	89510
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	24620
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	126718
IRS990EZ/NetAssetsOrFundBalancesBOY	0	126718
IRS990EZ/NetAssetsOrFundBalances/EOY	0	135015
IRS990EZ/NetAssetsOrFundBalancesEOY	0	135015
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	CLARICE BEGEMANN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	LAURA BALDWIN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	CHARLES SKELTON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	TREASURER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	83933
IRS990EZ/OtherAssetsTotal/EOY	0	85259
IRS990EZ/OtherExpensesTotal	0	81213
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	AVIATION EDUCATION
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	AVIATION EDUCATION
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	81213
IRS990EZ/ProgramServiceRevenue	0	64890
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	34322
IRS990EZ/SumOfTotalLiabilities/EOY	0	39115
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	20 1935 YALE STATION
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	NEW HAVEN
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	CT
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	06520
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	CHARLES SKELTON
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2036403580
IRS990EZ/TotalAssets/BOY	0	161040
IRS990EZ/TotalAssets/EOY	0	174130
IRS990EZ/TotalExpenses	0	81213
IRS990EZ/TotalProgramServiceExpenses	0	81213
IRS990EZ/TotalRevenue	0	89510
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	23260
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	23600
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	25220
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	26200
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	23060
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	121340
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years	0	88
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	88
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	89510
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	63804
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	72046
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	67130
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	71451
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	363941
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	88
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	88
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/PriorYearSupportPercentage	0	0.91030
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.99980
IRS990ScheduleA/PublicSupportTotal509	0	485281
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	112770
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	87404
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	97266
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	93330
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	94511
IRS990ScheduleA/Total509/Total	0	485281
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	112770
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	87404
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	97266
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	93330
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	94599
IRS990ScheduleA/TotalSupportTotal/Total	0	485369
IRS990ScheduleO/GeneralExplanation/Explanation	0	EXPENSES FUEL 21,454 TIE DOWN FEES 2,040 REPAIRS 27,640 INSURANCE 8,706 OFFICE EXPENSE 1,536 SUPPLIES 1,714 TELEPHONE 859 POSTAGE 199 PERMITS & LICENSES 180 PROFESSIONAL FEES 875 FLIGHT INSTRUCTION FEES 10,289 BANK FEES 4,976 SCHEDULING 745 TOTAL 81,213
IRS990ScheduleO/GeneralExplanation/Explanation	1	ACCOUNTS RECEIVABLE 5,570 6,896 AIRCRAFT 78,363 78,363 TOTAL 83,933 85,259
IRS990ScheduleO/GeneralExplanation/Explanation	2	ACCOUNTS PAYABLE 13,062 16,281 DEFERRED REVENUE 21,260 22,834
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	060841045
ReturnHeader/Filer/Name/BusinessNameLine1	0	YALE AVIATION INC
ReturnHeader/Filer/NameControl	0	YALE
ReturnHeader/Filer/Phone	0	2036403580
ReturnHeader/Filer/USAddress/AddressLine1	0	1121 LONGHILL RD
ReturnHeader/Filer/USAddress/City	0	GUILFORD
ReturnHeader/Filer/USAddress/State	0	CT
ReturnHeader/Filer/USAddress/ZIPCode	0	06437
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2014-05-09
ReturnHeader/Officer/Name	0	CHARLES SKELTON
ReturnHeader/Officer/Phone	0	2036403580
ReturnHeader/Officer/Title	0	TREASURER
ReturnHeader/Preparer/DatePrepared	0	2014-05-09
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	ACCOUNTING OFFICES
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	420 E MAIN ST STE 16
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	BRANFORD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	CT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	064052942
ReturnHeader/Preparer/Name	0	WILLIAM R SLOMAN II CPA
ReturnHeader/Preparer/Phone	0	2036438150
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-10-01
ReturnHeader/TaxPeriodEndDate	0	2013-09-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2014-05-12T14:55:25-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $174,130
Liabilities: $39,115
Net assets: $135,015
Revenue: $89,510
Expenses: $81,213
Net income: $8,297

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.24	$0.33	$2.90	$1.59	$1.55	$0.03
2023Detailed filing. Detailed filing data is available for this year.	$3.24	$0.37	$2.87	$1.49	$1.16	$0.33
2022Detailed filing. Detailed filing data is available for this year.	$2.55	$0.00	$2.55	$0.90	$0.94	$0.04
2021Detailed filing. Detailed filing data is available for this year.	$2.61	$0.03	$2.58	$0.58	$0.58	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$2.61	$0.03	$2.58	$0.73	$0.69	$0.04
2019Detailed filing. Detailed filing data is available for this year.	$2.60	$0.06	$2.54	$1.01	$0.77	$0.24
2018Detailed filing. Detailed filing data is available for this year.	$2.31	$0.01	$2.30	$0.87	$0.79	$0.08
2017Detailed filing. Detailed filing data is available for this year.	$2.24	$0.03	$2.22	$0.98	$0.57	$0.41
2016Detailed filing. Detailed filing data is available for this year.	$1.82	$0.02	$1.81	$0.91	$0.71	$0.20
2015Detailed filing. Detailed filing data is available for this year.	$1.61	$0.00	$1.61	$0.92	$0.79	$0.13
2014Detailed filing. Detailed filing data is available for this year.	$1.61	$0.13	$1.47	$0.97	$0.85	$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.74	$0.39	$1.35	$0.90	$0.81	$0.08
2012Summary only. Only limited summary data is available for this year.	$1.61	$0.34		$0.87	$0.75	$0.12
2011Summary only. Only limited summary data is available for this year.	$1.48	$0.33		$0.97	$0.81	$0.16