Civic Intelligence

Stratus Aviation Foundation

EIN 46-4927057 • 501(c)3 • Berwyn, PA

Profile

The stratus aviation foundation ("saf") is dedicated to fostering stem-related learning through scheduled educational seminars and hands-on training sessions. Participants engage in collaborative efforts on various aviation projects, gaining exposure to the multifaceted aspects of the aviation industry. Saf recognizes the importance of promoting education and opportunity within the aviation industry, and through its initiatives, it strives to make a positive impact on individuals and the broader community.

416 Old Lancaster RdBerwyn, PA 19312

www.stratusaf.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

9.66x

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

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

Net Margin

1st percentile

-4721%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

31st percentile

-19%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$142,780

Down $33,046 (-19%) from 2023

Liabilities

Down

$6,765

Down $2 (-0.0%) from 2023

Net Assets

Down

$136,015

Down $33,044 (-20%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$700

Up $700 from 2023

Expenses

Up

$33,744

Up $1,808 (+5.7%) from 2023

Net Income

Down

-$33,044

Down $1,108 (-3.5%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$300K$200K$100K$0-$100KAssets 2014: $92,573Liabilities 2014: $0Net Assets 2014: $92,5732014Assets 2015: $67,159Liabilities 2015: $0Net Assets 2015: $67,1592015Assets 2016: $207,194Liabilities 2016: $0Net Assets 2016: $207,1942016Assets 2017: $166,446Liabilities 2017: $0Net Assets 2017: $166,4462017Assets 2018: $67,501Liabilities 2018: $0Net Assets 2018: $67,5012018Assets 2019: $34,169Liabilities 2019: $288Net Assets 2019: $33,8812019Assets 2020: $39,326Liabilities 2020: $49,595Net Assets 2020: -$10,2692020Assets 2021: $92,708Liabilities 2021: $6,303Net Assets 2021: $86,4052021Assets 2022: $207,253Liabilities 2022: $6,258Net Assets 2022: $200,9952022Assets 2023: $175,826Liabilities 2023: $6,767Net Assets 2023: $169,0592023Assets 2024: $142,780Liabilities 2024: $6,765Net Assets 2024: $136,0152024

Highlighted filing

2024

Assets$142,780
Liabilities$6,765
Net Assets$136,015
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2014: $100,000Expenses 2014: $7,427Net Income 2014: $92,5732014Revenue 2015: $72,156Expenses 2015: $97,646Net Income 2015: -$25,4902015Revenue 2016: $263,778Expenses 2016: $123,743Net Income 2016: $140,0352016Revenue 2017: $144,965Expenses 2017: $185,713Net Income 2017: -$40,7482017Revenue 2018: $2,000Expenses 2018: $100,945Net Income 2018: -$98,9452018Revenue 2019: $13,848Expenses 2019: $47,468Net Income 2019: -$33,6202019Revenue 2020: $24,507Expenses 2020: $68,657Net Income 2020: -$44,1502020Revenue 2021: $134,525Expenses 2021: $37,851Net Income 2021: $96,6742021Revenue 2022: $145,527Expenses 2022: $30,937Net Income 2022: $114,5902022Revenue 2023: $0Expenses 2023: $31,936Net Income 2023: -$31,9362023Revenue 2024: $700Expenses 2024: $33,744Net Income 2024: -$33,0442024

Highlighted filing

2024

Revenue$700
Expenses$33,744
Net Income-$33,044
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,780
Liabilities
$6,765
Net assets
$136,015
Revenue
$700
Expenses
$33,744
Net income
-$33,044
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.43$0.07$1.36$0.01$0.34$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.76$0.07$1.69$0.00$0.32$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.07$0.06$2.01$1.46$0.31$1.15
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.06$0.86$1.35$0.38$0.97
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.50$0.10$0.25$0.69$0.44
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.14$0.47$0.34
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.02$1.01$0.99
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$1.45$1.86$0.41
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$2.64$1.24$1.40
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.72$0.98$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.00$0.07$0.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$700
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.

The stratus aviation foundation ("saf") is dedicated to fostering stem-related learning through scheduled educational seminars and hands-on training sessions. Participants engage in collaborative efforts on various aviation projects, gaining exposure to the multifaceted aspects of the aviation industry. Saf recognizes the importance of promoting education and opportunity within the aviation industry, and through its initiatives, it strives to make a positive impact on individuals and the broader community.

Program Services

DescriptionGrantsExpenses
THE STRATUS AVIATION FOUNDATION ("SAF") CONDUCTS ITS PRIMARY AVIATION EDUCATIONAL PROGRAMS IN COLLABORATION WITH BRANDYWINE AVIATION & MAINTENANCE AT BRANDYWINE REGIONAL AIRPORT. SAF'S EDUCATIONAL INITIATIVES ENCOMPASS COMPREHENSIVE AVIATION EXPERIENCES, INCLUDING FLIGHT TRAINING AND MECHANICAL TRAINING. THE FOUNDATION GOES BEYOND THEORETICAL KNOWLEDGE, OFFERING DISCOVERY FLIGHTS TO PARTICIPANTS WHO ASPIRE TO PURSUE A CAREER IN AVIATION. THESE IMMERSIVE ACTIVITIES AIM TO INSTILL A DEEP UNDERSTANDING AND PASSION FOR AVIATION, PREPARING PARTICIPANTS FOR POTENTIAL FUTURE CAREERS IN THE FIELD.IN ADDITION TO ITS CORE EDUCATIONAL PROGRAMS, SAF ACTIVELY SUPPORTS THE BROADER COMMUNITY BY PROVIDING BASIC SCHOLARSHIPS. THESE SCHOLARSHIPS SERVE TWO PURPOSES: ASSISTING PARTICIPANTS WITHIN SAF'S PROGRAMS WHO MAY LACK THE FINANCIAL MEANS TO PURSUE AVIATION CAREERS AND CONTRIBUTING TO OTHER FOUNDATIONS WITH SIMILAR MISSIONS.A PROGRAM PARTICIPANT AND MENTEE WAS RECENTLY HIRED BY PIEDMONT AIRLINES. HE STARTED WITH SAF BACK IN 2013 AS A JUNIOR IN HIGH SCHOOL. THIS IS OUR LATEST SUCCESS STORY.$0$33,044
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIMITRI VASSILIOUOfficer/TrusteePT$0--
NAIAL CASANOVASBoard Member-$0--
MICHAEL SCHULTZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Stratus Aviation Foundation
EIN
46-4927057
Phone
6108648720
Address
416 OLD LANCASTER RD, BERWYN, PA 19312

Signing Officer

Name
Dimitri Vassiliou
Title
Officer
Phone
6108648720
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Zweig Ramick & Associates
Address
3466 PROGRESS DR STE 108, BENSALEM, PA 19020
Preparer
David J Borton
Phone
2156451311
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: administrative expenses. Amount: 2,377. Description: flight lessons, airplane maintenance & fuel. Amount: 14,622. Description: insurance expense. Amount: 745. Total to form 990-ez, line 16: 17,744.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: champ aircraft. Beg. Of year amount: 42,000. End of year amount: 42,000. Description: security deposit. Beg. Of year amount: 0. End of year amount: 500.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: credit card. Beg. Of year amount: 549. End of year amount: 547. Description: tax withheld on behalf of raffle winner. Beg. Of year amount: 6,218. End of year amount: 6,218.”

Raw XML Appendix137 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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IRS990EZ/PrimaryExemptPurposeTxt0THE STRATUS AVIATION FOUNDATION ("SAF") IS DEDICATED TO FOSTERING STEM-RELATED LEARNING THROUGH SCHEDULED EDUCATIONAL SEMINARS AND HANDS-ON TRAINING SESSIONS. PARTICIPANTS ENGAGE IN COLLABORATIVE EFFORTS ON VARIOUS AVIATION PROJECTS, GAINING EXPOSURE TO THE MULTIFACETED ASPECTS OF THE AVIATION INDUSTRY. SAF RECOGNIZES THE IMPORTANCE OF PROMOTING EDUCATION AND OPPORTUNITY WITHIN THE AVIATION INDUSTRY, AND THROUGH ITS INITIATIVES, IT STRIVES TO MAKE A POSITIVE IMPACT ON INDIVIDUALS AND THE BROADER COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE STRATUS AVIATION FOUNDATION ("SAF") CONDUCTS ITS PRIMARY AVIATION EDUCATIONAL PROGRAMS IN COLLABORATION WITH BRANDYWINE AVIATION & MAINTENANCE AT BRANDYWINE REGIONAL AIRPORT. SAF'S EDUCATIONAL INITIATIVES ENCOMPASS COMPREHENSIVE AVIATION EXPERIENCES, INCLUDING FLIGHT TRAINING AND MECHANICAL TRAINING. THE FOUNDATION GOES BEYOND THEORETICAL KNOWLEDGE, OFFERING DISCOVERY FLIGHTS TO PARTICIPANTS WHO ASPIRE TO PURSUE A CAREER IN AVIATION. THESE IMMERSIVE ACTIVITIES AIM TO INSTILL A DEEP UNDERSTANDING AND PASSION FOR AVIATION, PREPARING PARTICIPANTS FOR POTENTIAL FUTURE CAREERS IN THE FIELD.IN ADDITION TO ITS CORE EDUCATIONAL PROGRAMS, SAF ACTIVELY SUPPORTS THE BROADER COMMUNITY BY PROVIDING BASIC SCHOLARSHIPS. THESE SCHOLARSHIPS SERVE TWO PURPOSES: ASSISTING PARTICIPANTS WITHIN SAF'S PROGRAMS WHO MAY LACK THE FINANCIAL MEANS TO PURSUE AVIATION CAREERS AND CONTRIBUTING TO OTHER FOUNDATIONS WITH SIMILAR MISSIONS.A PROGRAM PARTICIPANT AND MENTEE WAS RECENTLY HIRED BY PIEDMONT AIRLINES. HE STARTED WITH SAF BACK IN 2013 AS A JUNIOR IN HIGH SCHOOL. THIS IS OUR LATEST SUCCESS STORY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 2,377. DESCRIPTION: FLIGHT LESSONS, AIRPLANE MAINTENANCE & FUEL. AMOUNT: 14,622. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 745. TOTAL TO FORM 990-EZ, LINE 16: 17,744.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CHAMP AIRCRAFT. BEG. OF YEAR AMOUNT: 42,000. END OF YEAR AMOUNT: 42,000. DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 500.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06108648720
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
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ReturnHeader/ReturnTs02025-11-17T18:19:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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