Civic Intelligence

Aircraft Electronics Association Educational Foundation Inc

990 • Fiscal year 2015 • EIN 43-1548269

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 02, 2016

3570 NE Ralph Powell RoadLees Summit, MO 64064

(816) 347-8400

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

68th percentile

8.8%

Faster asset growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

24%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$514,188

Up $41,591 (+8.8%) from 2014

Net Assets

Up

$514,188

Up $41,591 (+8.8%) from 2014

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$153,253

Up $29,787 (+24%) from 2014

Expenses

Down

$111,662

Down $34,687 (-24%) from 2014

Net Income

Up

$41,591

Up $64,474 (+282%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $406,354Liabilities 2010: $02010Assets 2011: $409,199Liabilities 2011: $02011Assets 2012: $486,065Net Assets 2012: $486,0652012Assets 2013: $495,480Net Assets 2013: $495,4802013Assets 2014: $472,597Net Assets 2014: $472,5972014Assets 2015: $514,188Liabilities 2015: $0Net Assets 2015: $514,1882015Assets 2016: $548,369Liabilities 2016: $0Net Assets 2016: $548,3692016Assets 2017: $603,446Liabilities 2017: $0Net Assets 2017: $603,4462017Assets 2018: $645,118Liabilities 2018: $0Net Assets 2018: $645,1182018Assets 2019: $664,957Liabilities 2019: $0Net Assets 2019: $664,9572019Assets 2020: $689,710Liabilities 2020: $0Net Assets 2020: $689,7102020Assets 2021: $708,650Liabilities 2021: $0Net Assets 2021: $708,6502021Assets 2022: $792,762Liabilities 2022: $0Net Assets 2022: $792,7622022Assets 2023: $786,707Liabilities 2023: $4,855Net Assets 2023: $781,8522023Assets 2024: $745,588Liabilities 2024: $0Net Assets 2024: $745,5882024

Highlighted filing

2015

Assets$514,188
Liabilities$0
Net Assets$514,188

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $80,912Expenses 2010: $80,324Net Income 2010: $5882010Revenue 2011: $80,516Expenses 2011: $77,671Net Income 2011: $2,8452011Revenue 2012: $173,790Expenses 2012: $96,925Net Income 2012: $76,8652012Revenue 2013: $112,858Expenses 2013: $103,443Net Income 2013: $9,4152013Revenue 2014: $123,466Expenses 2014: $146,349Net Income 2014: -$22,8832014Revenue 2015: $153,253Expenses 2015: $111,662Net Income 2015: $41,5912015Revenue 2016: $147,055Expenses 2016: $112,874Net Income 2016: $34,1812016Revenue 2017: $213,456Expenses 2017: $158,379Net Income 2017: $55,0772017Revenue 2018: $225,544Expenses 2018: $183,872Net Income 2018: $41,6722018Revenue 2019: $188,741Expenses 2019: $168,902Net Income 2019: $19,8392019Revenue 2020: $186,206Expenses 2020: $161,453Net Income 2020: $24,7532020Revenue 2021: $227,763Expenses 2021: $208,823Net Income 2021: $18,9402021Revenue 2022: $245,849Expenses 2022: $161,737Net Income 2022: $84,1122022Revenue 2023: $224,995Expenses 2023: $235,905Net Income 2023: -$10,9102023Revenue 2024: $243,699Expenses 2024: $279,963Net Income 2024: -$36,2642024

Highlighted filing

2015

Revenue$153,253
Expenses$111,662
Net Income$41,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$153,253
Mission and Program Overview

Mission

Promote education related to avionics.

To promote and secure the future of aviation by furthering the education of students, technicians and others as determined by aviation industry needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$387,661$408,579▲ $20,918
Cash and Non-Interest-Bearing Accounts$34,101$56,698▲ $22,597
Land, Buildings, and Equipment, Net$8,052$5,644▼ $2,408
Total Assets$472,597$514,188▲ $41,591
Other Assets Total$42,783$43,267▲ $484
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$472,597$514,188▲ $41,591
Total Net Assets Fund Balance$472,597$514,188▲ $41,591
Total Liabilities and Net Assets / Fund Balance$472,597$514,188▲ $41,591

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,644$53,181$58,825
Other Assets Org$42,919--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David LosoChair
Dave SalvadorDirector
Greg VailDirector
Michael KusDirector
Tim KellyDirector
Mike AdamsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$48,957
Program Service Revenue
$102,423
Investment Income
$1,873
Other Revenue
$0
All Other Contributions
$16,516
Change in Net Assets
$41,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,662
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$33,936$0$0$33,936
Occupancy$7,200$0$0$7,200
Depreciation Depletion$6,587$0$0$6,587
Office Expenses$4,592$1,445$0$6,037
Fees for Services Accounting$0$2,275$0$2,275
Other Expenses$1,500$0$0$1,500
Conferences and Meetings$0$1,299$0$1,299
Total Functional Expenses$106,643$5,019$0$111,662
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$32,441$32,441-$32,441
Total Events$32,441$32,441-$32,441
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Aircraft Electronics Association Educational Foundation Inc
EIN
43-1548269
Phone
8163478400
Address
3570 NE RALPH POWELL ROAD, LEES SUMMIT, MO 64064

Signing Officer

Name
Mike Adamson
Title
Secretary
Phone
8163478400
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Adamson
Formed
1990
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Casburn and Company Pc
Address
211 NW EXECUTIVE WAY STE C, LEES SUMMIT, MO 64063
Preparer
Nancy E Casburn
Phone
8165541900
Supplemental Narrative

Additional Explanations

Pt XII, Line 1

The foundation uses the modified cash basis of accounting.

Pt VI, Line 1A

The five board members each have a vote. The secretary only has a vote when a tie needs to be broken.

Pt VI, Line 8B

This question is not applicable since there are no committes

Pt VI, Line 11B

The tax return is reviewed and signed by the secretary and is available for review by other board members.

Pt VI, Line 19

The organization's governing documents are available online at the website of the missouri secretary of state and they are available upon request.

Form 990EZ, Part I, Line 16

SCHOLARSHIPS AWARDED

Form 990EZ, Part I, Line 16

TRAINING CLASS SUPPLIES

Form 990EZ, Part I, Line 16

ECONOMIC IMPACT STUDY

Form 990EZ, Part I, Line 16

DEPRECIATION

Form 990EZ, Part I, Line 16

CERTIFICATION TESTING

Form 990EZ, Part I, Line 16

FACILITY FEES

Form 990EZ, Part I, Line 16

AWARDS

Form 990EZ, Part I, Line 16

CREDIT CARD FEES

Form 990EZ, Part I, Line 16

MEETINGS - TRAVEL

Form 990EZ, Part I, Line 16

PROMOTION

Form 990EZ, Part I, Line 16

DUES

Form 990EZ, Part I, Line 16

OFFICE SUPPLIES

Form 990EZ, Part I, Line 16

FEES

Form 990EZ, Part II, Line 24

Due from related organization 493.

Form 990EZ, Part II, Line 24

Equipment net of depreciation 8052.

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IRS990ScheduleA/Total509Grp/TotalAmt0645095
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0649537
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IRS990ScheduleD/EquipmentGrp/BookValueAmt05644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053181
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058825
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0348
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt142919
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AEA EDUCATIONAL FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH SURRENDER VALUE OF ANNUITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05644
IRS990ScheduleD/TotalBookValueOtherAssetsAmt043267
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SILENT AUCTION
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032441
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032441
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032441
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032441
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION USES THE MODIFIED CASH BASIS OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FIVE BOARD MEMBERS EACH HAVE A VOTE. THE SECRETARY ONLY HAS A VOTE WHEN A TIE NEEDS TO BE BROKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS QUESTION IS NOT APPLICABLE SINCE THERE ARE NO COMMITTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN IS REVIEWED AND SIGNED BY THE SECRETARY AND IS AVAILABLE FOR REVIEW BY OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE ONLINE AT THE WEBSITE OF THE MISSOURI SECRETARY OF STATE AND THEY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOLARSHIPS AWARDED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAINING CLASS SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ECONOMIC IMPACT STUDY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CERTIFICATION TESTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FACILITY FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11AWARDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CREDIT CARD FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MEETINGS - TRAVEL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PROMOTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16OFFICE SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18DUE FROM RELATED ORGANIZATION 493.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19EQUIPMENT NET OF DEPRECIATION 8052.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AIRCRAFT ELECTRONICS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0431621707
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AIRCRAFT ELECTRONICS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03570 NE RALPH POWELL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LEES SUMMIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd064064
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0514188
IRS990/TotalAssetsGrp/BOYAmt0472597
IRS990/TotalAssetsGrp/EOYAmt0514188
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt048957
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05019
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0106643
IRS990/TotalFunctionalExpensesGrp/TotalAmt0111662
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0472597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0514188
IRS990/TotalProgramServiceExpensesAmt0106643
IRS990/TotalProgramServiceRevenueAmt0102423
IRS990/TotalRevenueGrp/ExclusionAmt01873
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0102423
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0153253
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0472597
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0514188
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0472597
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0514188
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03570 NE RALPH POWELL ROAD
IRS990/USAddress/CityNm0LEES SUMMIT
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064064

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.46$0.00$7.46$2.44$2.80$0.36
2023Detailed filing. Detailed filing data is available for this year.$7.87$0.05$7.82$2.25$2.36$0.11
2022Detailed filing. Detailed filing data is available for this year.$7.93$0.00$7.93$2.46$1.62$0.84
2021Detailed filing. Detailed filing data is available for this year.$7.09$0.00$7.09$2.28$2.09$0.19
2020Detailed filing. Detailed filing data is available for this year.$6.90$0.00$6.90$1.86$1.61$0.25
2019Detailed filing. Detailed filing data is available for this year.$6.65$0.00$6.65$1.89$1.69$0.20
2018Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$2.26$1.84$0.42
2017Detailed filing. Detailed filing data is available for this year.$6.03$0.00$6.03$2.13$1.58$0.55
2016Detailed filing. Detailed filing data is available for this year.$5.48$0.00$5.48$1.47$1.13$0.34
2015Detailed filing. Detailed filing data is available for this year.$5.14$0.00$5.14$1.53$1.12$0.42
2014Detailed filing. Detailed filing data is available for this year.$4.73$4.73$1.23$1.46$0.23
2013Detailed filing. Detailed filing data is available for this year.$4.95$4.95$1.13$1.03$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$4.86$1.74$0.97$0.77
2011Summary only. Only limited summary data is available for this year.$4.09$0.00$0.81$0.78$0.03
2010Summary only. Only limited summary data is available for this year.$4.06$0.00$0.81$0.80$0.01