Civic Intelligence

Hangar 25 Air Museum Association

EIN 75-2790454 • 501(c)3 • Big Spring, TX

Pub. 78 Eligible990-N CoverageNTEE A540

Profile

To educate, preserve and display historic aircraft.

1911 Apron DriveBig Spring, TX 79720

n/A

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

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

NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.00x

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

NTEE A • $500k-$1M nonprofits • Source year 2022

Net Margin

10th percentile

-33%

Higher net margin than 10% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

76th percentile

23%

Faster asset growth than 76% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-1.4%

Faster revenue growth than 37% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$507,538

Up $93,350 (+23%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$507,538

Up $93,350 (+23%) from 2021

Operations
Liabilities / Revenue28th percentileNet Margin10th percentile

Revenue

Down

$95,221

Down $1,357 (-1.4%) from 2021

Expenses

Up

$127,021

Up $6,137 (+5.1%) from 2021

Net Income

Down

-$31,800

Down $7,494 (-31%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

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

$600K$400K$200K$0Assets 2021: $414,188Net Assets 2021: $414,1882021Assets 2022: $507,538Liabilities 2022: $0Net Assets 2022: $507,5382022

Highlighted filing

2022

Assets$507,538
Liabilities$0
Net Assets$507,538
Open 2022 Filing

Operations Trend

Revenue Growth37th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $96,578Expenses 2021: $120,884Net Income 2021: -$24,3062021Revenue 2022: $95,221Expenses 2022: $127,021Net Income 2022: -$31,8002022

Highlighted filing

2022

Revenue$95,221
Expenses$127,021
Net Income-$31,800
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$507,538
Liabilities
$0
Net assets
$507,538
Revenue
$95,221
Expenses
$127,021
Net income
-$31,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$0.95$1.27$0.32
2021Detailed filing. Detailed filing data is available for this year.$4.14$4.14$0.97$1.21$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$95,221
Mission and Program Overview

Mission

To educate, preserve and display historic aircraft.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$414,188$507,538▲ $93,350
Total Assets$414,188$507,538▲ $93,350
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$414,188$507,538▲ $93,350
Total Net Assets Fund Balance$414,188$507,538▲ $93,350
Total Liabilities and Net Assets / Fund Balance$414,188$507,538▲ $93,350
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Christian RaboneBoard Member
Clarance Hartfield JrBoard Member
Guy GriffithBoard Member
Joel MillerBoard Member
Tabitha ClarkBoard Member
Vaughn MartinBoard Member
John WeeksBoard Presid
Gloria McdonaldBoard Secret
Stormy BradleyBoard Treasu
Clint FoxBoard Vice P
Revenue and Support

Revenue Composition

Contributions and Grants
$93,582
Program Service Revenue
$0
Investment Income
$1,639
Other Revenue
$0
All Other Contributions
$53,353
Change in Net Assets
$-31,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,163
Salaries, Compensation, and Employee Benefits$38,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$32,224--$32,224
Office Expenses$21,635--$21,635
Payroll Taxes$6,634--$6,634
Other Expenses$1,184--$1,184
Fees for Services Other-$833-$833
Travel$822--$822
Insurance$656--$656
All Other Expenses$425--$425
Advertising$357--$357
Total Functional Expenses$126,188$833$0$127,021
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

“Martha vierra 1911 apron dr big spring, tx 79720”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Hangar 25 Air Museum Association
EIN
75-2790454
Phone
4322641999
Address
1911 APRON DRIVE, BIG SPRING, TX 79720

Signing Officer

Name
Amber Stokes
Title
Museum Administrator
Phone
4322641999
Signed
2024-05-01

Organization Details

Principal Officer
Stormy Bradley
Voting Board Members
10
Independent Board Members
0
Employees
2

Preparer

Firm
Harris & Colley LLC
Address
PO BOX 989, COLORADO CITY, TX 79512
Preparer
Taegen Colley
Phone
3252744450
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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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