Civic Intelligence

Aerospace Education Corporation

EIN 20-4064346 • 501(c)3 • Ronkonkoma, NY

Profile

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.

90 Arrival AveRonkonkoma, NY 11779

www.aerospaceeducationcorp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

34.78x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-7548%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

-6.7%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$13,026

Down $936 (-6.7%) from 2015

Liabilities

$800

No earlier filing loaded for comparison.

Net Assets

Down

$12,226

Down $1,736 (-12%) from 2015

Operations
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$23

Down $1,808 (-99%) from 2015

Expenses

Down

$1,759

Down $671 (-28%) from 2015

Net Income

Down

-$1,736

Down $1,137 (-190%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2016

Assets$13,026
Liabilities$800
Net Assets$12,226
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest 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

2016

Revenue$23
Expenses$1,759
Net Income-$1,736
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,026
Liabilities
$800
Net assets
$12,226
Revenue
$23
Expenses
$1,759
Net income
-$1,736
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$13.0$0.80$12.2$0.02$1.76$1.74
2015Detailed filing. Detailed filing data is available for this year.$14.0$14.0$1.83$2.43$0.60
2014Detailed filing. Detailed filing data is available for this year.$14.6$14.6$42.6$33.4$9.22
2013Detailed filing. Detailed filing data is available for this year.$5.34$5.34$0.50$3.40$2.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$8.24$29.1$26.4$2.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.53$5.53$4.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$10.0$29.8$21.5$8.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$23
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
NONE--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM J MCSHANEPresident &-$0--
JENNIFER MINORIVice Pres.-$0--
DEBORAH BROWNSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Aerospace Education Corporation
EIN
20-4064346
Phone
6313891470
Address
90 ARRIVAL AVE, RONKONKOMA, NY 11779

Signing Officer

Name
William J Mcshane
Title
President & Treas.
Phone
6313891470
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Lipner Sofferman & Co Llp
Address
125 JERICHO TPKE STE 402, JERICHO, NY 11753
Preparer
Kenneth Lipner CPA
Phone
5164874070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 225 telephone 499 total 724”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 800”

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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE CORPORATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06313891470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt090 ARRIVAL AVE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt090 ARRIVAL AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RONKONKOMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011779
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013962
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013026
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1736
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01035
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013962
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013026
IRS990EZ/GrossReceiptsAmt023
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt023
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013962
IRS990EZ/NetAssetsOrFundBalancesEOYAmt012226
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013962
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012226
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM J MCSHANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER MINORI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBORAH BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0724
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/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0800
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01759
IRS990EZ/TotalRevenueAmt023
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.AEROSPACEEDUCATIONCORP.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt031442
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt023
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt031442
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029142
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt031442
IRS990ScheduleA/TotalSupportAmt031442
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 225 TELEPHONE 499 TOTAL 724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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 II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM J MCSHANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & TREAS.
ReturnHeader/BusinessOfficerGrp/PhoneNum06313891470
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AEROSPACE EDUCATION CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0AERO
ReturnHeader/Filer/EIN0204064346
ReturnHeader/Filer/PhoneNum06313891470
ReturnHeader/Filer/USAddress/AddressLine1Txt090 ARRIVAL AVE
ReturnHeader/Filer/USAddress/CityNm0RONKONKOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011779
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01AEB67C003FB2CCDD5BC7FF7D18AFCECB504EEA7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01AEB67C003FB2CCDD5BC7FF7D18AFCECB504EEA7
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113564118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LIPNER SOFFERMAN & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0125 JERICHO TPKE STE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011753
ReturnHeader/PreparerPersonGrp/PhoneNum05164874070
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH LIPNER CPA
ReturnHeader/ReturnTs02017-05-25T11:21:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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