Civic Intelligence

Yale Aviation Inc.

990EZ • Fiscal year 2023 • EIN 06-0841045

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 02, 2024

1121 Longhill RdGuilford, CT 06437

(203) 640-3580

Siviq Scores

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

Liabilities / Assets

81st percentile

0.11x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

77th percentile

27%

Faster asset growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

65%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$324,066

Up $69,442 (+27%) from 2022

Net Assets

Up

$287,179

Up $32,555 (+13%) from 2022

Liabilities

Up

$36,887

Up $36,887 from 2022

Revenue

Up

$148,529

Up $58,588 (+65%) from 2022

Expenses

Up

$115,974

Up $22,196 (+24%) from 2022

Net Income

Up

$32,555

Up $36,392 (+948%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $148,154Liabilities 2011: $33,3422011Assets 2012: $161,040Liabilities 2012: $34,3222012Assets 2013: $174,130Liabilities 2013: $39,115Net Assets 2013: $135,0152013Assets 2014: $160,703Liabilities 2014: $13,262Net Assets 2014: $147,4412014Assets 2015: $160,503Liabilities 2015: $0Net Assets 2015: $160,5032015Assets 2016: $182,329Liabilities 2016: $1,774Net Assets 2016: $180,5552016Assets 2017: $224,365Liabilities 2017: $2,688Net Assets 2017: $221,6772017Assets 2018: $231,221Liabilities 2018: $1,264Net Assets 2018: $229,9572018Assets 2019: $260,240Liabilities 2019: $6,280Net Assets 2019: $253,9602019Assets 2020: $261,230Liabilities 2020: $2,808Net Assets 2020: $258,4222020Assets 2021: $261,269Liabilities 2021: $2,808Net Assets 2021: $258,4612021Assets 2022: $254,624Liabilities 2022: $0Net Assets 2022: $254,6242022Assets 2023: $324,066Liabilities 2023: $36,887Net Assets 2023: $287,1792023Assets 2024: $323,851Liabilities 2024: $33,376Net Assets 2024: $290,4752024

Highlighted filing

2023

Assets$324,066
Liabilities$36,887
Net Assets$287,179

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $97,266Expenses 2011: $81,269Net Income 2011: $15,9972011Revenue 2012: $87,404Expenses 2012: $75,498Net Income 2012: $11,9062012Revenue 2013: $89,510Expenses 2013: $81,213Net Income 2013: $8,2972013Revenue 2014: $97,317Expenses 2014: $84,891Net Income 2014: $12,4262014Revenue 2015: $92,255Expenses 2015: $79,193Net Income 2015: $13,0622015Revenue 2016: $90,582Expenses 2016: $70,530Net Income 2016: $20,0522016Revenue 2017: $98,442Expenses 2017: $57,319Net Income 2017: $41,1232017Revenue 2018: $87,452Expenses 2018: $79,172Net Income 2018: $8,2802018Revenue 2019: $100,737Expenses 2019: $76,734Net Income 2019: $24,0032019Revenue 2020: $73,327Expenses 2020: $68,865Net Income 2020: $4,4622020Revenue 2021: $57,941Expenses 2021: $57,902Net Income 2021: $392021Revenue 2022: $89,941Expenses 2022: $93,778Net Income 2022: -$3,8372022Revenue 2023: $148,529Expenses 2023: $115,974Net Income 2023: $32,5552023Revenue 2024: $158,517Expenses 2024: $155,221Net Income 2024: $3,2962024

Highlighted filing

2023

Revenue$148,529
Expenses$115,974
Net Income$32,555
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 2, 2024
Return Version
2022v5.0
Gross Receipts
$187,847
Mission and Program Overview

Mission

AVIATION EDUCATION

Program Services

DescriptionGrantsExpenses
AVIATION EDUCATION-$112,161
PROGRAM EXPENSES-$3,813
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLARICE BEGEMANNPresident-$0--
LAURA BALDWINSecretary-$0--
JOSH SNOWTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Yale Aviation Inc
EIN
06-0841045
Phone
2036403580
Address
1121 LONGHILL RD, GUILFORD, CT 06437

Signing Officer

Name
Josh Snow
Title
Treasurer
Phone
2036403580
Signed
2024-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Accounting Offices
Address
420 E MAIN ST STE 16, BRANFORD, CT 06405-2942
Preparer
William R Sloman Ii CPA
Phone
2036438150
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest 1,238 fuel and tie down fees 87,629 insurance 14,278 office expense 698 supplies 3,466 postage 176 fuel reimbursements 2,132 bank fees 3,732 state fee 50 total 113,399

Form 990-ez, Part II, Line 24

Accounts receivable 60,771 60,771 aircraft 78,636 173,944 total 139,407 234,715

Form 990-ez, Part II, Line 26

Accounts payable 0 0 loan 0 36,887

Form 990-ez, Part III, Line 31

PROGRAM EXPENSES

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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSH SNOW
IRS990EZ/BooksInCareOfDetail/PhoneNum02036403580
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt019 MILLWOOD DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRANFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006405
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0115217
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt089351
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt041250
IRS990EZ/CostOrOtherBasisExpenseSaleAmt039318
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt032555
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02575
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0254624
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0324066
IRS990EZ/GainOrLossFromSaleOfAssetsAmt016000
IRS990EZ/GrossReceiptsAmt0187847
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt030000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0254624
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0287179
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0254624
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0287179
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CLARICE BEGEMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURA BALDWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSH SNOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0139407
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0234715
IRS990EZ/OtherExpensesTotalAmt0113399
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AVIATION EDUCATION
IRS990EZ/ProgramServiceRevenueAmt061279
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AVIATION EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROGRAM EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0112161
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13813
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt055318
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt036887
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115974
IRS990EZ/TotalProgramServiceExpensesAmt0115974
IRS990EZ/TotalRevenueAmt0148529
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt032000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt091279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt057941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt057941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt073327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0100737
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0381225
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0454475
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0132529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt089941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt057941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt073327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100737
IRS990ScheduleA/Total509Grp/TotalAmt0454475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0132529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt089941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt057941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt073327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0100737
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0454475
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 1,238 FUEL AND TIE DOWN FEES 87,629 INSURANCE 14,278 OFFICE EXPENSE 698 SUPPLIES 3,466 POSTAGE 176 FUEL REIMBURSEMENTS 2,132 BANK FEES 3,732 STATE FEE 50 TOTAL 113,399
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 60,771 60,771 AIRCRAFT 78,636 173,944 TOTAL 139,407 234,715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE 0 0 LOAN 0 36,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSH SNOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02036403580
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YALE AVIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0YALE
ReturnHeader/Filer/EIN0060841045
ReturnHeader/Filer/PhoneNum02036403580
ReturnHeader/Filer/USAddress/AddressLine1Txt01121 LONGHILL RD
ReturnHeader/Filer/USAddress/CityNm0GUILFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006437
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455608621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTING OFFICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0420 E MAIN ST STE 16
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064052942
ReturnHeader/PreparerPersonGrp/PhoneNum02036438150
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM R SLOMAN II CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-08-05T16:39:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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