Civic Intelligence

Aerospace Education Corporation

990EZ • Fiscal year 2013 • EIN 20-4064346

Jan 01, 2013 to Dec 31, 2013 • Filed on May 05, 2014

8000 Republic Airport Hangar 511735-3322

(631) 389-1470

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

1st percentile

-579%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

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

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$5,344

Down $2,896 (-35%) from 2012

Net Assets

Down

$5,344

Down $2,896 (-35%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$500

Down $28,642 (-98%) from 2012

Expenses

Down

$3,396

Down $23,036 (-87%) from 2012

Net Income

Down

-$2,896

Down $5,606 (-207%) from 2012

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2010: $10,003Net Assets 2010: $10,0032010Assets 2011: $5,530Net Assets 2011: $5,5302011Assets 2012: $8,240Net Assets 2012: $8,2402012Assets 2013: $5,344Net Assets 2013: $5,3442013Assets 2014: $14,561Net Assets 2014: $14,5612014Assets 2015: $13,962Net Assets 2015: $13,9622015Assets 2016: $13,026Liabilities 2016: $800Net Assets 2016: $12,2262016

Highlighted filing

2013

Assets$5,344
Liabilities-
Net Assets$5,344

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $29,820Expenses 2010: $21,472Net Income 2010: $8,3482010Expenses 2011: $4,4732011Revenue 2012: $29,142Expenses 2012: $26,432Net Income 2012: $2,7102012Revenue 2013: $500Expenses 2013: $3,396Net Income 2013: -$2,8962013Revenue 2014: $42,630Expenses 2014: $33,413Net Income 2014: $9,2172014Revenue 2015: $1,831Expenses 2015: $2,430Net Income 2015: -$5992015Revenue 2016: $23Expenses 2016: $1,759Net Income 2016: -$1,7362016

Highlighted filing

2013

Revenue$500
Expenses$3,396
Net Income-$2,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 5, 2014
Return Version
2013v3.1
Gross Receipts
$500
Mission and Program Overview

Mission

The aerospace education corporation, a not-for-profit organization was created to promote aviation education. This organization will be hosting aviation career fairs and offering ways to introduce students to the aviation industry.

Program Services

DescriptionGrantsExpenses
.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM J MCSHANEPresidentPT$0--
DONALD HENN JRTreasurerPT$0--
JENNIFER MINORIVice Pres.PT$0--
DEBORAH BROWNSecretaryPT$0--
Filing and Contact Details

Filer

EIN
20-4064346
Phone
6313891470

Signing Officer

Name
Donald Henn Jr
Title
Treasurer
Phone
6313891470
Signed
2014-05-05
Discuss with paid preparer
Yes

Preparer

Preparer
Kenneth Lipner CPA
Phone
5164874070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,070 office expense 304 postage 234 shipping supplies 44 telephone 614 total 2,266

Form 990-ez, Part III

The aerospace education corporation, a not-for-profit organization was created to promote aviation education. This organization will be hosting aviation career fairs and offering ways to introduce students to the aviation industry.

Raw XML Appendix120 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/CompensationExplanationGrp/PersonNm0WILLIAM J MCSHANE
CompensationExplanation/CompensationExplanationGrp/PersonNm1DONALD HENN JR
CompensationExplanation/CompensationExplanationGrp/PersonNm2JENNIFER MINORI
CompensationExplanation/CompensationExplanationGrp/PersonNm3DEBORAH BROWN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE CORPORATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06313891470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine108000 REPUBLIC AIRPORT HANGAR 5
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine208000 REPUBLIC AIRPORT HANGAR 5
IRS990EZ/BooksInCareOfDetail/USAddress/City0FARMINGDALE
IRS990EZ/BooksInCareOfDetail/USAddress/State0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode011735
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08240
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05344
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2896
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01130
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08240
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05344
IRS990EZ/GrossReceiptsAmt0500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08240
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05344
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08240
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05344
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM J MCSHANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DONALD HENN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER MINORI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEBORAH BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02266
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE AEROSPACE EDUCATION CORPORATION, A NOT-FOR-PROFIT ORGANIZATION WAS CREATED TO PROMOTE AVIATION EDUCATION. THIS ORGANIZATION WILL BE HOSTING AVIATION CAREER FAIRS AND OFFERING WAYS TO INTRODUCE STUDENTS TO THE AVIATION INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03396
IRS990EZ/TotalRevenueAmt0500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.AEROSPACEEDUCATIONCORP.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt029142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt029820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt059462
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt059462
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt029142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt029820
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt059462
IRS990ScheduleA/TotalSupportAmt059462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,070 OFFICE EXPENSE 304 POSTAGE 234 SHIPPING SUPPLIES 44 TELEPHONE 614 TOTAL 2,266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AEROSPACE EDUCATION CORPORATION, A NOT-FOR-PROFIT ORGANIZATION WAS CREATED TO PROMOTE AVIATION EDUCATION. THIS ORGANIZATION WILL BE HOSTING AVIATION CAREER FAIRS AND OFFERING WAYS TO INTRODUCE STUDENTS TO THE AVIATION INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD HENN JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06313891470
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10AEROSPACE EDUCATION CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0AERO
ReturnHeader/Filer/EIN0204064346
ReturnHeader/Filer/PhoneNum06313891470
ReturnHeader/Filer/USAddress/AddressLine108000 REPUBLIC AIRPORT HANGAR 5
ReturnHeader/Filer/USAddress/City0FARMINGDALE
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode0117353322
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LIPNER SOFFERMAN & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10125 JERICHO TPKE STE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode011753
ReturnHeader/PreparerPersonGrp/PhoneNum05164874070
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH LIPNER CPA
ReturnHeader/ReturnTs02014-05-13T14:13:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings