Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Stratus Aviation Foundation
990EZ • Fiscal year 2015 • EIN 46-4927057
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Balance Sheet
Assets
Down$67,159
Down $25,414 (-27%) from 2014
Net Assets
Down$67,159
Down $25,414 (-27%) from 2014
Liabilities
Flat$0
Flat from 2014
Revenue And Expenses
Revenue
Down$72,156
Down $27,844 (-28%) from 2014
Expenses
Up$97,646
Up $90,219 (+1215%) from 2014
Net Income
Down-$25,490
Down $118,063 (-128%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 5, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $72,156
Mission and Program Overview
Mission
Stratus aviation foundation's primary purpose is to promote aviation through mentorship, technology and innovation. Full-time program participants and non-full time participants work together with members throughout the year to build a full-scale aircraft, flight training devices and simulators. They also develop their knowledge of drone technology utilizing the power of mentorship through stem education. Stratus aviation foundation also facilitates its programs within other non-profit groups and community programs by supplying the resources and mentorship.
SAF runs educational programs for the public based out of a rented hangar at Wings Field in Blue Bell, PA. Our primary program for 2015 was to have 15 full time participants and many non full time participants work together with mentors to build a full scale RV-12 aircraft throughout the year. Mentors, volunteers and participants work together each Saturday to learn the power of mentoring through STEM education around the building of the RV-12 kit as well as flight simulation devices. This year we also introduced drone technology.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| RV-12 kit airplane construction. Each Saturday of the year (minus holidays) students, participants and mentors mostly from the local high schools meet at the foundation hangar at Wings Feild in Blue Bell, PA. During these 8 hour sessions all participants worked together to accomplish this goal and focus on STEM related learning while collaborating on the project. There were a total of 15 primary participants. | $0 | $30,000 |
| Flight simulator construction. Each Saturday of the year (minus holidays) students, participants and mentors mostly from the local high schools meet at the foundation hangar at Wings Feild in Blue Bell, PA. During these 8 hour sessions all participants worked together to accomplish this goal and focus on STEM related learning while collaborating on the project. There were a total of 4 primary participants. | $0 | $20,000 |
| Drone and photography education. Each Saturday of the year (minus holidays) students, participants and mentors mostly from the local high schools meet at the foundation hangar at Wings Feild in Blue Bell, PA. During these 8 hour sessions all participants worked together to accomplish this goal and focus on STEM related learning while collaborating on the project. There were a total of 5 primary participants. | $0 | $7,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dimitri Vassiliou | Officer / Trustee | PT | $0 | - | - |
| Naial Casanovas | Board Member | PT | $0 | - | - |
| Michael Schultz | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Status Aviation Foundation
- EIN
- 46-4927057
- Phone
- 6108648720
- Address
- 1501 Narcissa Road, blue bell, PA 19422
Signing Officer
- Name
- dimitri vassiliou
- Title
- Director
- Phone
- 6108648720
- Signed
- 2016-05-05
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- dimitri vassiliou
- Phone
- 6108648720
Supplemental Narrative
Additional Explanations
Part I, Line 16
“bank charges, dues and subscriptions, equipment, insurance, job materials, marketing, meals and entertainment, program materials, supplies, trade show fees, travel”
Part II, Line 24
“1954 Cessna 170B that was donated by Laura Watson to the foundation to be used in our program Vans RV-12 basic kit which was gifted to Stratus Aviation Foundation by the Uncommon Individual Foundation to be used in our programs.”
Raw XML Appendix196 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.
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | bank charges, dues and subscriptions, equipment, insurance, job materials, marketing, meals and entertainment, program materials, supplies, trade show fees, travel |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1954 Cessna 170B that was donated by Laura Watson to the foundation to be used in our program Vans RV-12 basic kit which was gifted to Stratus Aviation Foundation by the Uncommon Individual Foundation to be used in our programs. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, Line 24 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | dimitri vassiliou |
| ReturnHeader/ReturnTs | 0 | 2016-05-05T07:25:05-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $67,159
- Liabilities
- $0
- Net assets
- $67,159
- Revenue
- $72,156
- Expenses
- $97,646
- Net income
- -$25,490