Civic Intelligence

Society of Experimental Test Pilots

EIN 32-0188969 • 501(c)3 • Lancaster, CA

44814 Elm StreetLancaster, CA 93534

setp.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

2.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

82nd percentile

31%

Higher net margin than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-5.1%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-6.1%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$447,835

Down $24,213 (-5.1%) from 2023

Liabilities

Down

$49,739

Down $30,448 (-38%) from 2023

Net Assets

Up

$398,096

Up $6,235 (+1.6%) from 2023

Revenue

Down

$20,350

Down $1,320 (-6.1%) from 2023

Expenses

Down

$14,115

Down $2,760 (-16%) from 2023

Net Income

Up

$6,235

Up $1,440 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $371,593Liabilities 2020: $11,436Net Assets 2020: $360,1572020Assets 2021: $391,031Liabilities 2021: $15,498Net Assets 2021: $375,5332021Assets 2022: $426,153Liabilities 2022: $39,087Net Assets 2022: $387,0662022Assets 2023: $472,048Liabilities 2023: $80,187Net Assets 2023: $391,8612023Assets 2024: $447,835Liabilities 2024: $49,739Net Assets 2024: $398,0962024

Highlighted filing

2024

Assets$447,835
Liabilities$49,739
Net Assets$398,096

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2020: $128,077Expenses 2020: $22,884Net Income 2020: $105,1932020Revenue 2021: $23,899Expenses 2021: $8,523Net Income 2021: $15,3762021Revenue 2022: $30,157Expenses 2022: $18,624Net Income 2022: $11,5332022Revenue 2023: $21,670Expenses 2023: $16,875Net Income 2023: $4,7952023Revenue 2024: $20,350Expenses 2024: $14,115Net Income 2024: $6,2352024

Highlighted filing

2024

Revenue$20,350
Expenses$14,115
Net Income$6,235

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$145,142
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
COMMUNICATION AND EDUCATION IN THE DESIGN AND FLIGHT TEST OF AEROSPACE VEHICLES-$13,998
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R HOODChairman-$0--
K LATIMERDirector-$0--
A MCFARLANDDirector-$0--
S ROGERSONDirector-$0--
J YOUNGDirector-$0--
K GROSSDirector-$0--
K PROSSERDirector-$0--
D LARSONDirector-$0--
J TOUGASDirector-$0--
B SANDBERGVice Chairman-$0--
M WALLACESecretary-$0--
LAURIE BALDERASExecutive Director-$0--
S KERNTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Workshops$124,475$124,475$124,475$0
Total Events$124,475$124,475$124,475-
Filing and Contact Details

Filer

Filer Name
Society of Experimental Test Pilots
EIN
32-0188969
Phone
6619429574
Address
44814 ELM STREET, LANCASTER, CA 93534

Signing Officer

Name
Laurie Balderas
Title
Executive Director
Signed
2025-05-14
Discuss with paid preparer
No

Preparer

Firm
Bressler & Company
Address
770 East Bush Street, Lemoore, CA 93245
Preparer
Joseph Bressler
Phone
5599241225
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $126

Other Expenses.1012

Insurance $3539

Other Expenses.1

OUTREACH PROGRAM $3400

Other Expenses.2

ETA AWARD $500

Other Expenses.3

DUES & SUSCRIPTIONS $240

Other Expenses.4

CARUSO BOOK ROYALTY $51

Other Assets.1010

Inventories - Beginning $6104 Inventories - Ending $5787

Other Assets.1

NONCURRENT ASSETS - Beginning $370612 NONCURRENT ASSETS - Ending $336122

Total Liabilities.1

DUE TO FLIGHT TEST SAFETY COMMITTEE - Beginning $80182 DUE TO FLIGHT TEST SAFETY COMMITTEE - Ending $49731

Total Liabilities.2

SALES TAX PAYABLE - Beginning $5 SALES TAX PAYABLE - Ending $8

Descriptions of Professional Fees (part 1, Line 13)

Description amountprofessional fees 6,192 credit card fees 42taxes and licenses 25

02. Description of Other Assets (part II, Line 24)

Category beginning of year end of the yearfunds held for ftsc 80,182 49,731designated cash 120,430 119,930ftsw activity 20,000 16,461inventory 6,104 5,787museum space deposit 150,000 150,000

Description of Total Liabilities ( Part II, Line 26)

Category beginning of the year end of the yeardue to ftsc 80,182 49,731sales tax payable 5 8

Part III, Response or Note to Any Other Line in Part III

The primary purpose of the society of experimental test pilots foundation is to provide for the preservation, display, and safekeeping of memorabilia, written records, oral records, reports, photographs and other artifacts of historical significance relating to test pilots and their profession, use of the historical archives and data support the efforts of education and flight test safety for the future generations of flight test personnel.

Form 990 Part III, Line 28A, Program Service Expense

Education, outreach program 3,400eta award 500caruso book royalty 51ftsc admin/misc 10,047

05. Part IV, Response or Note to Any Line in Part IV

Average hours per week (part iv)all board members (except for the executive director) average less that 1 hour per week.due to software limitations, this could not be shown in part iv.compensation (part iv)the organization does not compensate any officers, director, or trustee. The executive director receives compensation from a related exempt organization, the society of experimental test pilots (setp), for services performed for setp. The executive dirctor's annual compensation is determined by setp's elected governing body.

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SALES TAX PAYABLE - Beginning $5 SALES TAX PAYABLE - Ending $8
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION AMOUNTPROFESSIONAL FEES 6,192 CREDIT CARD FEES 42TAXES AND LICENSES 25
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13THE PRIMARY PURPOSE OF THE SOCIETY OF EXPERIMENTAL TEST PILOTS FOUNDATION IS TO PROVIDE FOR THE PRESERVATION, DISPLAY, AND SAFEKEEPING OF MEMORABILIA, WRITTEN RECORDS, ORAL RECORDS, REPORTS, PHOTOGRAPHS AND OTHER ARTIFACTS OF HISTORICAL SIGNIFICANCE RELATING TO TEST PILOTS AND THEIR PROFESSION, USE OF THE HISTORICAL ARCHIVES AND DATA SUPPORT THE EFFORTS OF EDUCATION AND FLIGHT TEST SAFETY FOR THE FUTURE GENERATIONS OF FLIGHT TEST PERSONNEL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15AVERAGE HOURS PER WEEK (PART IV)ALL BOARD MEMBERS (EXCEPT FOR THE EXECUTIVE DIRECTOR) AVERAGE LESS THAT 1 HOUR PER WEEK.DUE TO SOFTWARE LIMITATIONS, THIS COULD NOT BE SHOWN IN PART IV.COMPENSATION (PART IV)THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS, DIRECTOR, OR TRUSTEE. THE EXECUTIVE DIRECTOR RECEIVES COMPENSATION FROM A RELATED EXEMPT ORGANIZATION, THE SOCIETY OF EXPERIMENTAL TEST PILOTS (SETP), FOR SERVICES PERFORMED FOR SETP. THE EXECUTIVE DIRCTOR'S ANNUAL COMPENSATION IS DETERMINED BY SETP'S ELECTED GOVERNING BODY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14FORM 990 PART III, LINE 28A, PROGRAM SERVICE EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1505. PART IV, RESPONSE OR NOTE TO ANY LINE IN PART IV
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