Civic Intelligence

Aero Institute Aerospace Education & Research

990 • Fiscal year 2015 • EIN 16-1761035

Jan 01, 2015 to Dec 31, 2015 • Filed on May 19, 2016

Organization ProfileN/A

Refreshing map…

38256 Sierra HighwayPalmdale, CA 93550

(661) 276-2376

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,308,020

Flat from 2015

Net Assets

Flat

$2,111,827

Flat from 2015

Liabilities

Flat

$196,193

Flat from 2015

Revenue And Expenses

Revenue

Flat

$3,537,099

Flat from 2015

Expenses

Flat

$3,468,588

Flat from 2015

Net Income

Flat

$68,511

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $2,153,785Liabilities 2013: $118,084Net Assets 2013: $2,035,7012013Assets 2014: $2,234,203Liabilities 2014: $190,887Net Assets 2014: $2,043,3162014Assets 2015: $2,308,020Liabilities 2015: $196,193Net Assets 2015: $2,111,8272015Assets 2015: $2,308,020Liabilities 2015: $196,193Net Assets 2015: $2,111,8272015Assets 2016: $2,558,904Liabilities 2016: $106,379Net Assets 2016: $2,452,5252016Assets 2017: $2,595,524Liabilities 2017: $163,218Net Assets 2017: $2,432,3062017

Highlighted filing

2015

Assets$2,308,020
Liabilities$196,193
Net Assets$2,111,827
Open 2015 Filing

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $3,719,847Expenses 2013: $3,541,019Net Income 2013: $178,8282013Revenue 2014: $3,275,004Expenses 2014: $3,267,389Net Income 2014: $7,6152014Revenue 2015: $3,537,099Expenses 2015: $3,468,588Net Income 2015: $68,5112015Revenue 2015: $3,537,099Expenses 2015: $3,468,588Net Income 2015: $68,5112015Revenue 2016: $3,731,017Expenses 2016: $3,390,319Net Income 2016: $340,6982016Revenue 2017: $2,668,230Expenses 2017: $2,688,449Net Income 2017: -$20,2192017

Highlighted filing

2015

Revenue$3,537,099
Expenses$3,468,588
Net Income$68,511
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 19, 2016
Return Version
2015v2.0
Gross Receipts
$3,537,099
Mission and Program Overview

Mission

To make educational opportunities more accessible in the antelope valley by providing comprehensive technical undergraduate and graduate education. To conduct leading edge aerospace research: incubate, stimulate and commercialize new intellectual property; promote aerospace science and engineering.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,234,203$2,308,020▲ $73,817
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,234,203$2,308,020▲ $73,817
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$90,444$137,345▲ $46,901
Other Liabilities$48,714$58,848▲ $10,134
Deferred Revenue$51,729--
Total Liabilities$190,887$196,193▲ $5,306
Net Assets / Fund Balance
Unrestricted Net Assets$2,043,316$2,111,827▲ $68,511
Total Net Assets Fund Balance$2,043,316$2,111,827▲ $68,511
Total Liabilities and Net Assets / Fund Balance$2,234,203$2,308,020▲ $73,817
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan MillerSecretaryFT$139,140$139,140
Kim ShawPresident & CEOPT$58,765$58,765
Danny RobertsChairmanPT$6,000$6,000

Board Members and Trustees

NameTitle
Carrie RogersDirector
Curtis CannonDirector
David WalterDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,532,724
Program Service Revenue
$0
Investment Income
$1,125
Other Revenue
$3,250
All Other Contributions
$1,050,811
Change in Net Assets
$68,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,987,113
Salaries, Compensation, and Employee Benefits$1,481,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,079,043--$1,079,043
Current Officers, Directors, Trustees, and Key Employees$186,268$17,637-$203,905
Other Employee Benefits$118,678$6,878-$125,556
Conferences and Meetings$85,252--$85,252
Payroll Taxes$71,990$981-$72,971
Occupancy$24,000--$24,000
Fees for Services Accounting-$16,556-$16,556
Other Expenses$11,181$9,780-$9,780
Insurance-$365-$365
Office Expenses$354--$354
Total Functional Expenses$2,481,913$986,675$0$3,468,588
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Compensated Absences$58,848
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The tax return is reviewed by the directors prior to its filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Aero Institute
EIN
16-1761035
Phone
6612762376
Address
38256 SIERRA HIGHWAY, PALMDALE, CA 93550

Signing Officer

Name
Kim Shaw
Title
President & CEO
Signed
2016-05-19
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
19

Preparer

Firm
Burkey Cox Evans & Bradford
Address
1058 W AVENUE M14, PALMDALE, CA 93551-1440
Preparer
Scott Evans CPA CFP
Phone
6612672005
Raw XML AppendixShowing 400 of 411 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt090444
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0137345
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO MAKE EDUCATIONAL OPPORTUNITIES MORE ACCESSIBLE IN THE ANTELOPE VALLEY BY PROVIDING COMPREHENSIVE TECHNICAL UNDERGRADUATE AND GRADUATE EDUCATION. TO CONDUCT LEADING EDGE AEROSPACE RESEARCH: INCUBATE, STIMULATE AND COMMERCIALIZE NEW INTELLECTUAL PROPERTY; PROMOTE AEROSPACE SCIENCE AND ENGINEERING.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt01050811
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0AMBER ABEL
IRS990/BooksInCareOfDetail/PhoneNum06612762376
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt038256 SIERRA HIGHWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALMDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093550
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02234203
IRS990/CashNonInterestBearingGrp/EOYAmt02308020
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017637
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0186268
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0203905
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt085252
IRS990/ConferencesMeetingsGrp/TotalAmt085252
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03532724
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01125
IRS990/CYOtherExpensesAmt01987113
IRS990/CYOtherRevenueAmt03250
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt068511
IRS990/CYSalariesCompEmpBnftPaidAmt01481475
IRS990/CYTotalExpensesAmt03468588
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03537099
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt051729
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0TO MAKE EDUCATIONAL OPPORTUNITIES MORE ACCESSIBLE IN THE ANTELOPE VALLEY BY PROVIDING COMPREHENSIVE TECHNICAL UNDERGRADUATE AND GRADUATE EDUCATION. TO CONDUCT LEADING EDGE AEROSPACE RESEARCH: INCUBATE, STIMULATE AND COMMERCIALIZE NEW INTELLECTUAL PROPERTY; PROMOTE AEROSPACE SCIENCE AND ENGINEERING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02481913
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016556
IRS990/FeesForServicesAccountingGrp/TotalAmt016556
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0KIM SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm1CURTIS CANNON
IRS990/Form990PartVIISectionAGrp/PersonNm2CARRIE ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID WALTER
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm5DANNY ROBERTS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt058765
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4139140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03537099
IRS990/GrossRentsGrp/RealAmt03250
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0365
IRS990/InsuranceGrp/TotalAmt0365
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01125
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01125
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt072
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MAKE EDUCATIONAL OPPORTUNITIES MORE ACCESSIBLE IN THE ANTELOPE VALLEY BY PROVIDING COMPREHENSIVE TECHNICAL UNDERGRADUATE AND GRADUATE EDUCATION. TO CONDUCT LEADING EDGE AEROSPACE RESEARCH: INCUBATE, STIMULATE AND COMMERCIALIZE NEW INTELLECTUAL PROPERTY; PROMOTE AEROSPACE SCIENCE AND ENGINEERING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02043316
IRS990/NetAssetsOrFundBalancesEOYAmt02111827
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03250
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03250
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt024000
IRS990/OccupancyGrp/TotalAmt024000
IRS990/OfficeExpensesGrp/ProgramServicesAmt0354
IRS990/OfficeExpensesGrp/TotalAmt0354
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06878
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0118678
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125556
IRS990/OtherExpensesGrp/Desc0IN-KIND SERVICES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES AND SERVICES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0562550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1371928
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29780
IRS990/OtherExpensesGrp/ProgramServicesAmt0425250
IRS990/OtherExpensesGrp/ProgramServicesAmt1479897
IRS990/OtherExpensesGrp/ProgramServicesAmt211181
IRS990/OtherExpensesGrp/TotalAmt0987800
IRS990/OtherExpensesGrp/TotalAmt1851825
IRS990/OtherExpensesGrp/TotalAmt211181
IRS990/OtherExpensesGrp/TotalAmt39780
IRS990/OtherLiabilitiesGrp/BOYAmt048714
IRS990/OtherLiabilitiesGrp/EOYAmt058848
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01079043
IRS990/OtherSalariesAndWagesGrp/TotalAmt01079043
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0981
IRS990/PayrollTaxesGrp/ProgramServicesAmt071990
IRS990/PayrollTaxesGrp/TotalAmt072971
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03269486
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01088
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01847148
IRS990/PYOtherRevenueAmt04430
IRS990/PYRevenuesLessExpensesAmt07615
IRS990/PYSalariesCompEmpBnftPaidAmt01420241
IRS990/PYTotalExpensesAmt03267389
IRS990/PYTotalRevenueAmt03275004
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt068511
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt02481913
IRS990/RentalIncomeOrLossGrp/RealAmt03250
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03532724
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03269486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03716042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04429205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04023108
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018970565
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01125
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01185
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05003
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01185
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011279
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03250
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04430
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02620
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02650
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04665
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017615
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt018970565
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03532724
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03269486
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03716042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04429205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04023108
IRS990ScheduleA/Total509Grp/TotalAmt018970565
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03537099
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03275004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03719847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04434733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04032776
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018999459
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Compensated Absences
IRS990ScheduleD/TotalLiabilityAmt058848
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS REVIEWED BY THE DIRECTORS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02234203
IRS990/TotalAssetsEOYAmt02308020
IRS990/TotalAssetsGrp/BOYAmt02234203
IRS990/TotalAssetsGrp/EOYAmt02308020
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03532724
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0986675
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02481913
IRS990/TotalFunctionalExpensesGrp/TotalAmt03468588
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0190887
IRS990/TotalLiabilitiesEOYAmt0196193
IRS990/TotalLiabilitiesGrp/BOYAmt0190887
IRS990/TotalLiabilitiesGrp/EOYAmt0196193
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02043316
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02111827
IRS990/TotalProgramServiceExpensesAmt02481913
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0203905
IRS990/TotalRevenueGrp/ExclusionAmt01125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03537099
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02234203
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02308020
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02043316
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02111827
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM SHAW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AERO INSTITUTE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AEROSPACE EDUCATION & RESEARCH
ReturnHeader/Filer/BusinessNameControlTxt0AERO
ReturnHeader/Filer/EIN0161761035
ReturnHeader/Filer/PhoneNum06612762376
ReturnHeader/Filer/USAddress/AddressLine1Txt038256 SIERRA HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0PALMDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093550
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKEY COX EVANS & BRADFORD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,308,020
Liabilities
$196,193
Net assets
$2,111,827
Revenue
$3,537,099
Expenses
$3,468,588
Net income
$68,511
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.16$2.43$2.67$2.69$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.11$2.45$3.73$3.39$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.20$2.11$3.54$3.47$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.20$2.11$3.54$3.47$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.19$2.04$3.28$3.27$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.15$0.12$2.04$3.72$3.54$0.18