Civic Intelligence

Academy of Model Aeronautics Foundation

EIN 46-1336590 • 501(c)3 • Muncie, IN

Profile

To support the various exempt activities of the academy of model aeronautics, inc.

5161 E Memorial DrMuncie, IN 47302

amafoundation.modelaircraft.org

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.04x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$70,444

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,123,355

Down $347,311 (-14%) from 2023

Liabilities

Down

$14,786

Down $484,784 (-97%) from 2023

Net Assets

Up

$2,108,569

Up $137,473 (+7.0%) from 2023

Revenue

Down

$394,255

Down $296,982 (-43%) from 2023

Expenses

Up

$469,799

Up $138,668 (+42%) from 2023

Net Income

Down

-$75,544

Down $435,650 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $67,429Liabilities 2014: $0Net Assets 2014: $67,4292014Assets 2015: $348,524Liabilities 2015: $141,000Net Assets 2015: $207,5242015Assets 2016: $652,746Liabilities 2016: $196,838Net Assets 2016: $455,9082016Assets 2017: $624,499Liabilities 2017: $93,388Net Assets 2017: $531,1112017Assets 2018: $601,627Liabilities 2018: $114,884Net Assets 2018: $486,7432018Assets 2019: $830,582Liabilities 2019: $187,480Net Assets 2019: $643,1022019Assets 2020: $1,211,101Liabilities 2020: $140,193Net Assets 2020: $1,070,9082020Assets 2021: $1,440,811Liabilities 2021: $20,165Net Assets 2021: $1,420,6462021Assets 2022: $1,521,774Liabilities 2022: $130,608Net Assets 2022: $1,391,1662022Assets 2023: $2,470,666Liabilities 2023: $499,570Net Assets 2023: $1,971,0962023Assets 2024: $2,123,355Liabilities 2024: $14,786Net Assets 2024: $2,108,5692024

Highlighted filing

2024

Assets$2,123,355
Liabilities$14,786
Net Assets$2,108,569

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $104,325Expenses 2014: $36,896Net Income 2014: $67,4292014Revenue 2015: $151,259Expenses 2015: $11,164Net Income 2015: $140,0952015Revenue 2016: $439,834Expenses 2016: $206,852Net Income 2016: $232,9822016Revenue 2017: $191,028Expenses 2017: $176,026Net Income 2017: $15,0022017Revenue 2018: $253,221Expenses 2018: $255,168Net Income 2018: -$1,9472018Revenue 2019: $264,562Expenses 2019: $212,289Net Income 2019: $52,2732019Revenue 2020: $557,488Expenses 2020: $197,909Net Income 2020: $359,5792020Revenue 2021: $371,267Expenses 2021: $179,738Net Income 2021: $191,5292021Revenue 2022: $385,826Expenses 2022: $207,134Net Income 2022: $178,6922022Revenue 2023: $691,237Expenses 2023: $331,131Net Income 2023: $360,1062023Revenue 2024: $394,255Expenses 2024: $469,799Net Income 2024: -$75,5442024

Highlighted filing

2024

Revenue$394,255
Expenses$469,799
Net Income-$75,544

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$440,840
Mission and Program Overview

Mission

To support the various exempt activities of the academy of model aeronautics, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$998,960$1,225,712▲ $226,752
Cash and Non-Interest-Bearing Accounts$1,436,068$885,743▼ $550,325
Land, Buildings, and Equipment, Net$35,638$0▼ $35,638
Prepaid Expenses and Deferred Charges-$11,900-
Total Assets$2,470,666$2,123,355▼ $347,311
Liabilities
Accounts Payable and Accrued Expenses$499,570$14,786▼ $484,784
Total Liabilities$499,570$14,786▼ $484,784
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,179,250$1,225,167▲ $45,917
Net Assets Without Donor Restrictions$791,846$883,402▲ $91,556
Total Net Assets Fund Balance$1,971,096$2,108,569▲ $137,473
Total Liabilities and Net Assets / Fund Balance$2,470,666$2,123,355▼ $347,311

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$483,694---$483,694
2023$483,694---$483,694
2022$410,138$57,914▲ $15,642-$483,694
2021$401,091-▲ $9,047-$410,138
2020$392,329$2,624▲ $6,138-$401,091
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Steve HastonFoundation DirectorFT$70,444$70,444

Board Members and Trustees

NameTitle
James LaynePresident
Don BottVice President
Rich HansonBoard Member
Rusty KennedyBoard Member
Tom DenneyBoard Member
Tim JeskySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$374,702
Program Service Revenue
$0
Investment Income
$19,553
Other Revenue
$0
All Other Contributions
$374,702
Change in Net Assets
$-75,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,446
Grants and Similar Amounts Paid$133,906
Salaries, Compensation, and Employee Benefits$126,447
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$86,906--$86,906
Current Officers, Directors, Trustees, and Key Employees-$81,151-$81,151
Grants to Domestic Individuals$47,000--$47,000
Other Salaries and Wages-$35,623-$35,623
Advertising-$23,202-$23,202
All Other Expenses-$16,880-$16,880
Office Expenses-$15,504-$15,504
Other Expenses-$13,782-$13,782
Travel-$13,116-$13,116
Fees for Service Investment Mgmnt Fees-$10,309-$10,309
Payroll Taxes-$9,673-$9,673
Fees for Services Accounting-$2,500-$2,500
Total Functional Expenses$133,906$335,893$0$469,799
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No committee is authorized to act on behalf of the governing body

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed prior to filing by the executive director, the controller of the academy of model aeronautics, inc. And the chief financial officer of the academy of model aeronautics, inc. Board of trustees.

Form 990, Part VI, Section B, Line 12C

Interested person must disclose the existence and nature of the conflict to the directors and members of committees considering the proposed transactions. The interested personal shall leave the board or committee meeting while the issue is discussed.

Form 990, Part VI, Section C, Line 19

The organization will provide the organizational documents and 990 upon request

Filing and Contact Details

Filer

Filer Name
Academy of Model Aeronautics Foundation
EIN
46-1336590
Phone
7652871256
Address
5161 E MEMORIAL DR, MUNCIE, IN 47302

Signing Officer

Name
Chad Budreau
Title
Executive Director
Phone
7652871256
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyler Dobbs
Formed
2012
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Brady Ware & Schoenfeld Inc
Address
2206 CHESTER BLVD, RICHMOND, IN 47374
Preparer
Dustin Vincent CPA
Phone
7659660531
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

Financial Statement Notes

PART V, LINE 4:

The funds were established to be held in perpetuity and invested to provide a stable funding source for the academy of model aeronautics, inc's benevolent programs. The foundation's permanently restricted net assets as of december 31, 2024 are not held in a separate endowment fund but are part of the foundation's total cash and investment portfolio. Allocations are calculated based on prior year fund balance. Upon approval of grant expenditures, amounts are considered to be appropriated for expenditure.

PART X, LINE 2:

Accounting standards require the evaluation of tax positions taken, or expected to be taken, in the course of preparing the academy's and foundation's tax returns, to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authority. This statement provides that a tax benefit from an uncertain tax position may be recognized in the consolidated financial statements only when it is "more-likely-than-not" the position will be sustained upon examination, including resolution of any related appeals or litigation processes, based upon the technical merits and consideration of all available information. Once the recognition threshold is met, the portion of the tax benefit that is recorded represents the largest amount of tax benefit that is greater than 50 percent likely to be realized upon settlement with a taxing authority. Based on its review, management does not believe the academy or foundation have taken any material uncertain tax positions, including any position that would place the academy's or foundation's exempt status in jeopardy, as of december 31, 2024.

Raw XML AppendixShowing 400 of 448 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0499570
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014786
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE VARIOUS EXEMPT ACTIVITIES OF THE ACADEMY OF MODEL AERONAUTICS, INC.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt023202
IRS990/AdvertisingGrp/TotalAmt023202
IRS990/AllOtherContributionsAmt0374702
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt016880
IRS990/AllOtherExpensesGrp/TotalAmt016880
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELISSA ELMORE
IRS990/BooksInCareOfDetail/PhoneNum07652871256
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05161 E MEMORIAL DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0MUNCIE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047302
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01436068
IRS990/CashNonInterestBearingGrp/EOYAmt0885743
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt081151
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt081151
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0374702
IRS990/CYGrantsAndSimilarPaidAmt0133906
IRS990/CYInvestmentIncomeAmt019553
IRS990/CYOtherExpensesAmt0209446
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-75544
IRS990/CYSalariesCompEmpBnftPaidAmt0126447
IRS990/CYTotalExpensesAmt0469799
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0394255
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO SUPPORT THE VARIOUS EXEMPT ACTIVITIES OF THE ACADEMY OF MODEL AERONAUTICS, INC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01179250
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01225167
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0133906
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02500
IRS990/FeesForServicesAccountingGrp/TotalAmt02500
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt010309
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010309
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt65174
IRS990/Form990PartVIISectionAGrp/PersonNm0DON BOTT
IRS990/Form990PartVIISectionAGrp/PersonNm1RUSTY KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm2RICH HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM JESKY
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES LAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM DENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE HASTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt665270
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6FOUNDATION DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-3964
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0133906
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt047000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt047000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt086906
IRS990/GrantsToDomesticOrgsGrp/TotalAmt086906
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt042621
IRS990/GrossReceiptsAmt0440840
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt023517
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023517
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0998960
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01225712
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035638
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt046585
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE VARIOUS EXEMPT ACTIVITIES OF THE ACADEMY OF MODEL AERONAUTICS, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01971096
IRS990/NetAssetsOrFundBalancesEOYAmt02108569
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3964
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3964
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0213018
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0791846
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0883402
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015504
IRS990/OfficeExpensesGrp/TotalAmt015504
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DUES, SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2WALK OF FAME EXPENSE
IRS990/OtherExpensesGrp/Desc3CONTRACT LABOR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt059100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt139525
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215528
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313782
IRS990/OtherExpensesGrp/TotalAmt059100
IRS990/OtherExpensesGrp/TotalAmt139525
IRS990/OtherExpensesGrp/TotalAmt215528
IRS990/OtherExpensesGrp/TotalAmt313782
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035623
IRS990/OtherSalariesAndWagesGrp/TotalAmt035623
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09673
IRS990/PayrollTaxesGrp/TotalAmt09673
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011900
IRS990/PrincipalOfficerNm0TYLER DOBBS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0716609
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0117423
IRS990/PYInvestmentIncomeAmt0-25372
IRS990/PYOtherExpensesAmt0140566
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0360106
IRS990/PYSalariesCompEmpBnftPaidAmt073142
IRS990/PYTotalExpensesAmt0331131
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0691237
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-75544
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0520799408
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE ACADEMY OF MODEL AERONAUTICS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.70000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0483694
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0483694
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0483694
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0483694
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0410138
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt057914
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0483694
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015642
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0401091
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0410138
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09047
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0392329
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02624
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0401091
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06138
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.29000
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUNDS WERE ESTABLISHED TO BE HELD IN PERPETUITY AND INVESTED TO PROVIDE A STABLE FUNDING SOURCE FOR THE ACADEMY OF MODEL AERONAUTICS, INC'S BENEVOLENT PROGRAMS. THE FOUNDATION'S PERMANENTLY RESTRICTED NET ASSETS AS OF DECEMBER 31, 2024 ARE NOT HELD IN A SEPARATE ENDOWMENT FUND BUT ARE PART OF THE FOUNDATION'S TOTAL CASH AND INVESTMENT PORTFOLIO. ALLOCATIONS ARE CALCULATED BASED ON PRIOR YEAR FUND BALANCE. UPON APPROVAL OF GRANT EXPENDITURES, AMOUNTS ARE CONSIDERED TO BE APPROPRIATED FOR EXPENDITURE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE ACADEMY'S AND FOUNDATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ACADEMY OR FOUNDATION HAVE TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ACADEMY'S OR FOUNDATION'S EXEMPT STATUS IN JEOPARDY, AS OF DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt047000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE RECIPIENTS ARE SELECTED BY A FOUR-MEMBER VOLUNTEER SCHOLARSHIP COMMITTEE. BOTH SCHOLASTIC SCORES AND MODELING ACTIVITY ARE CONSIDERED. THE SCHOLARSHIP COMMITTEE RECOMMENDATIONS ARE PRESENTED TO THE EXECUTIVE COUNCIL AT THE JULY EC MEETING. THE COUNCIL VOTES ON RECOMMENDATIONS THE SCHOLARSHIP AWARD CHECKS ARE SENT DIRECTLY TO THE SCHOOL, NOT THE RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED PRIOR TO FILING BY THE EXECUTIVE DIRECTOR, THE CONTROLLER OF THE ACADEMY OF MODEL AERONAUTICS, INC. AND THE CHIEF FINANCIAL OFFICER OF THE ACADEMY OF MODEL AERONAUTICS, INC. BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF THE CONFLICT TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTIONS. THE INTERESTED PERSONAL SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE ISSUE IS DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE THE ORGANIZATIONAL DOCUMENTS AND 990 UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACADEMY OF MODEL AERONAUTICS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0520799408
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL PROGRAMS RELATED TO MODEL AIRCRAFT BUILDING, DESIGN, ETC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05161 EAST MEMORIAL DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MUNCIE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd047302
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt052645
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1126447
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt213781
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ACADEMY OF MODEL AERONAUTICS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ACADEMY OF MODEL AERONAUTICS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ACADEMY OF MODEL AERONAUTICS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02470666
IRS990/TotalAssetsEOYAmt02123355
IRS990/TotalAssetsGrp/BOYAmt02470666
IRS990/TotalAssetsGrp/EOYAmt02123355
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0374702
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0335893
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133906
IRS990/TotalFunctionalExpensesGrp/TotalAmt0469799
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0499570
IRS990/TotalLiabilitiesEOYAmt014786
IRS990/TotalLiabilitiesGrp/BOYAmt0499570
IRS990/TotalLiabilitiesGrp/EOYAmt014786
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01971096
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02108569
IRS990/TotalOtherCompensationAmt05174
IRS990/TotalProgramServiceExpensesAmt0133906
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019553
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0394255
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.