Civic Intelligence

Helicopter Foundation International Inc

990 • Fiscal year 2020 • EIN 52-1297129

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

Organization ProfileWWW.HAIFOUNDATION.ORG
1920 Ballenger AvenueAlexandria, VA 22314

(703) 683-4646

Siviq Scores

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

Liabilities / Assets

98th percentile

1.93x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

15.59x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

2nd percentile

-193%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

100th percentile

$811,665

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1193.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

26th percentile

-2.2%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

91%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$548,124

Down $12,281 (-2.2%) from 2019

Net Assets

Down

-$512,401

Down $137,770 (-37%) from 2019

Liabilities

Up

$1,060,525

Up $125,489 (+13%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Up

$68,031

Up $32,490 (+91%) from 2019

Expenses

Down

$199,530

Down $151,553 (-43%) from 2019

Net Income

Up

-$131,499

Up $184,043 (+58%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $486,901Liabilities 2011: $16,559Net Assets 2011: $470,3422011Assets 2012: $495,652Liabilities 2012: $48,776Net Assets 2012: $446,8762012Assets 2013: $571,909Liabilities 2013: $50,709Net Assets 2013: $521,2002013Assets 2014: $539,624Liabilities 2014: $8,387Net Assets 2014: $531,2372014Assets 2015: $553,664Liabilities 2015: $6,507Net Assets 2015: $547,1572015Assets 2016: $584,339Liabilities 2016: $292,224Net Assets 2016: $292,1152016Assets 2017: $587,527Liabilities 2017: $422,352Net Assets 2017: $165,1752017Assets 2018: $538,398Liabilities 2018: $612,430Net Assets 2018: -$74,0322018Assets 2019: $560,405Liabilities 2019: $935,036Net Assets 2019: -$374,6312019Assets 2020: $548,124Liabilities 2020: $1,060,525Net Assets 2020: -$512,4012020Assets 2021: $478,992Liabilities 2021: $1,074,366Net Assets 2021: -$595,3742021Assets 2022: $17,992Liabilities 2022: $637,962Net Assets 2022: -$619,9702022Assets 2023: $42,932Liabilities 2023: $55,550Net Assets 2023: -$12,6182023Assets 2024: $11,264Liabilities 2024: $0Net Assets 2024: $11,2642024

Highlighted filing

2020

Assets$548,124
Liabilities$1,060,525
Net Assets-$512,401
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $40,214Expenses 2011: $43,930Net Income 2011: -$3,7162011Revenue 2012: $67,162Expenses 2012: $90,628Net Income 2012: -$23,4662012Expenses 2013: $34,2642013Revenue 2014: $60,710Expenses 2014: $51,324Net Income 2014: $9,3862014Revenue 2015: $72,647Expenses 2015: $42,979Net Income 2015: $29,6682015Revenue 2016: $59,368Expenses 2016: $332,147Net Income 2016: -$272,7792016Revenue 2017: $168,143Expenses 2017: $304,330Net Income 2017: -$136,1872017Revenue 2018: $84,533Expenses 2018: $306,573Net Income 2018: -$222,0402018Revenue 2019: $35,541Expenses 2019: $351,083Net Income 2019: -$315,5422019Revenue 2020: $68,031Expenses 2020: $199,530Net Income 2020: -$131,4992020Revenue 2021: $21,797Expenses 2021: $158,715Net Income 2021: -$136,9182021Revenue 2022: $44,400Expenses 2022: $21,531Net Income 2022: $22,8692022Revenue 2023: $607,742Expenses 2023: $390Net Income 2023: $607,3522023Revenue 2024: $24,150Expenses 2024: $268Net Income 2024: $23,8822024

Highlighted filing

2020

Revenue$68,031
Expenses$199,530
Net Income-$131,499
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.2
Gross Receipts
$136,954
Mission and Program Overview

Mission

The hai foundation, inc. (the foundation) is organized to promote helicopter safety and education, and to preserve historical data relating to the history and development of the helicopter.

Promote helicopter safety & education, and preserve historical data relating to the helicopter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$352,980$376,981▲ $24,001
Savings and Temporary Cash Investments$122,172$72,217▼ $49,955
Cash and Non-Interest-Bearing Accounts$253$13,926▲ $13,673
Total Assets$560,405$548,124▼ $12,281
Other Assets Total$85,000$85,000→ $0
Liabilities
Other Liabilities$908,525$1,060,525▲ $152,000
Deferred Revenue$19,660--
Accounts Payable and Accrued Expenses$6,851--
Total Liabilities$935,036$1,060,525▲ $125,489
Net Assets / Fund Balance
Net Assets With Donor Restrictions$335,384$332,884▼ $2,500
Net Assets Without Donor Restrictions$-710,015$-845,285▼ $135,270
Total Net Assets Fund Balance$-374,631$-512,401▼ $137,770
Total Liabilities and Net Assets / Fund Balance$560,405$548,124▼ $12,281

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$85,000--
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Edward F DicampliChief Operating Officer (until 4/2020)-$353,021$353,021
Allison MckayVice President (until 2/2020)FT$142,385$142,385

Board Members and Trustees

NameTitle
Jan BeckerChair
James a ViolaPresident and CEO (from 1/2020)
Matthew S ZuccaroPresident and CEO (until 1/2020)
Stacy SheardVice Chair
Douglas BarclayDirector
Jack MatiasevichDirector
Jeffery SmithDirector
Marc StanleyDirector
Randy RowlesDirector
James WisecupAssistant Treasurer
Edward F DicampliChief Operating Officer (until 4/202
Roxanne R FoxCorporate Secretary
Daniel SchwartzbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,677
Program Service Revenue
$0
Investment Income
$21,620
Other Revenue
$-10,266
All Other Contributions
$16,746
Change in Net Assets
$-131,499

Audited Revenue Reconciliation

Revenue per Audited Statements
$67,881
Revenue Not Reported on Financial Statements
$150
Revenue Not Reported on Form 990
$3,995
Total Revenue per Audited Statements
$71,876
Total Revenue per Form 990
$68,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,089
Other Expenses$36,291
Grants and Similar Amounts Paid$31,150
Total Fundraising Expense$21,105
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$89,500$12,109$101,609
Grants to Domestic Individuals$31,150--$31,150
Other Employee Benefits-$14,515$3,629$18,144
Conferences and Meetings$9,355$582$2,900$12,837
Fees for Services Legal-$10,785-$10,785
Payroll Taxes-$6,963$1,741$8,704
Travel$4,810$930-$5,740
Pension Plan Contributions-$2,906$726$3,632
Other Expenses$550$904-$1,454
Office Expenses-$518-$518
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$47,276$131,149$21,105$199,530

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$209,646
Total Expenses per Form 990$199,530
Expenses per Audited Statements$199,380
Expenses Not Reported on Form 990$10,266
Expenses Not Reported on Financial Statements$150
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,266
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tornament$24,270-$755-
Silent Auction$15,661-$1,411-
Total Events$39,931-$10,266$-10,266
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate (hai)$1,060,525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 B, Line 11B

“The foundation hires an independent accounting firm to prepare the federal form 990. Upon submission of the draft federal form 990, it is reviewed by the president and ceo of hai. The federal form 990 is then approved and filed with the internal revenue service.”

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

“The foundation follows the conflict of interest policy of hai. Under this policy, the board of directors annually reviews the conflict of interest policy and discloses any potential conflict of interest. All staff and the board of directors of the foundation sign a conflict of interest disclosure statement annually. The signed documents are reviewed by the president and ceo of hai and general counsel and kept by the coo/corporate secretary. The conflict of interest policy is always taken into consideration when there is a potential conflict, particularly as condition for hiring or beginning new relationships. If a conflicting interest exists, the president and ceo of hai will determine the appropriate step to be taken under the circumstances. Possible step include but are not limited to : requiring the interested employee to refrain from participating in any decision or policy making in a pending matter relating to the conflicting interest; requiring the employee to divest himself or herself of the conflicting interest; or, in sufficiently serious situations, termination of employment.”

Form 990, Part VI, Section C, Line 19

“The foundation keeps its governing documents and financial statements on file at the headquarters building and makes them available to the public upon written request within the limits of the law.”

Filing and Contact Details

Filer

Filer Name
Hai Foundation Inc
EIN
52-1297129
Phone
7036834646
Address
1920 BALLENGER AVENUE, ALEXANDRIA, VA 22314

Signing Officer

Name
James a Viola
Title
President and CEO of Hai
Phone
7036834646
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James a Viola
Formed
1983
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW SUITE 400, WASHINGTON, DC 20036
Preparer
Mike Sorrells
Phone
2022932200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“For the year ended june 30, 2020, no provision for income taxes was made, as the organiztion had no taxable unrelated business income and did not identify any uncertaionty in income taxes requiring recognition or disclosure in these consolidated financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event expenses on part viii 10,266.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event expenses on part viii 10,266.”

Raw XML AppendixShowing 400 of 583 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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IRS990/GrantAmt031150
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt031150
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt031150
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061065
IRS990/GrossReceiptsAmt0136954
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt019212
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019212
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0352980
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0376981
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt058657
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE HAI FOUNDATION, INC. (THE FOUNDATION) IS ORGANIZED TO PROMOTE HELICOPTER SAFETY AND EDUCATION, AND TO PRESERVE HISTORICAL DATA RELATING TO THE HISTORY AND DEVELOPMENT OF THE HELICOPTER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-374631
IRS990/NetAssetsOrFundBalancesEOYAmt0-512401
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02408
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02408
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-10266
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-10266
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6271
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-710015
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-845285
IRS990/NoncashContributionsAmt08846
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0518
IRS990/OfficeExpensesGrp/TotalAmt0518
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt085000
IRS990/OtherAssetsTotalGrp/EOYAmt085000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03629
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014515
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018144
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03396
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1904
IRS990/OtherExpensesGrp/ProgramServicesAmt01411
IRS990/OtherExpensesGrp/ProgramServicesAmt1550
IRS990/OtherExpensesGrp/TotalAmt04807
IRS990/OtherExpensesGrp/TotalAmt11454
IRS990/OtherLiabilitiesGrp/BOYAmt0908525
IRS990/OtherLiabilitiesGrp/EOYAmt01060525
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012109
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt089500
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101609
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01741
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06963
IRS990/PayrollTaxesGrp/TotalAmt08704
IRS990/PensionPlanContributionsGrp/FundraisingAmt0726
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02906
IRS990/PensionPlanContributionsGrp/TotalAmt03632
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES A VIOLA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt026376
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt053300
IRS990/PYInvestmentIncomeAmt010266
IRS990/PYOtherExpensesAmt052780
IRS990/PYOtherRevenueAmt0-1101
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-315542
IRS990/PYSalariesCompEmpBnftPaidAmt0245003
IRS990/PYTotalExpensesAmt0351083
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt035541
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-131499
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0122172
IRS990/SavingsAndTempCashInvstGrp/EOYAmt072217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt026376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt076707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0364585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt019729
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt017999
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094761
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59070
IRS990ScheduleA/PublicSupportPY170Pct00.54890
IRS990ScheduleA/PublicSupportTotal170Amt0271333
IRS990ScheduleA/SubstantialContributorsTotAmt093252
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt026376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt076707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049682
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0364585
IRS990ScheduleA/TotalSupportAmt0459346
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/ExpensesNotReportedAmt010266
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0150
IRS990ScheduleD/ExpensesSubtotalAmt0199380
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0150
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0150
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6271
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt085000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HELICOPTER MODEL COLLECTION
IRS990ScheduleD/OtherExpensesIncludedAmt010266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01060525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE (HAI)
IRS990ScheduleD/OtherRevenueAmt010266
IRS990ScheduleD/RevenueNotReportedAmt03995
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0150
IRS990ScheduleD/RevenueSubtotalAmt067881
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE YEAR ENDED JUNE 30, 2020, NO PROVISION FOR INCOME TAXES WAS MADE, AS THE ORGANIZTION HAD NO TAXABLE UNRELATED BUSINESS INCOME AND DID NOT IDENTIFY ANY UNCERTAIONTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES ON PART VIII 10,266.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EVENT EXPENSES ON PART VIII 10,266.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt085000
IRS990ScheduleD/TotalExpensesPerForm990Amt0199530
IRS990ScheduleD/TotalLiabilityAmt01060525
IRS990ScheduleD/TotalRevenuePerForm990Amt068031
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt071876
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0209646
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt039931
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt024270
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015661
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010266
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TORNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SILENT AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024270
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015661
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039931
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10266
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02166
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0755
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01411
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07600
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt031150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PAYMENT OF SCHOLARSHIP MONIES IS CONDITIONAL UPON RECEIPT OF SUPPORTING DOCUMENTATION FROM THE ATTENDED SCHOOL THAT THE STUDENT HAS SUCCESSFULLY COMPLETED THE REQUIRED COURSEWORK, AND IN THE CASE OF PILOT STUDENTS, HAS BEEN LICENSED AND RECEIVED AN FAA COMMERCIAL HELICOPTER PILOT CERTIFICATE FROM A CERTIFIED FAA PART 141 SCHOOL OR INTERNATIONAL EQUIVALENT. IN THE CASE OF MAINTENANCE STUDENTS, HAS BEEN LICENSED AND RECEIVED AN FAA MAINTENANCE CERTIFICATE FROM A CERTIFIED FAA PART 147 SCHOOL OR INTERNATIONAL EQUIVALENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$548,124
Liabilities
$1,060,525
Net assets
-$512,401
Revenue
$68,031
Expenses
$199,530
Net income
-$131,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.01$0.61$0.00$0.61
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.64$0.62$0.04$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.48$1.07$0.60$0.02$0.16$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.55$1.06$0.51$0.07$0.20$0.13
2019Summary only. Only limited summary data is available for this year.$0.56$0.94$0.37$0.04$0.35$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.61$0.07$0.08$0.31$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.42$0.17$0.17$0.30$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.29$0.29$0.06$0.33$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.55$0.07$0.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.06$0.05$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.05$0.52$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.05$0.45$0.07$0.09$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$0.04$0.04$0.00