Civic Intelligence

Experience Aviation Inc.

990 • Fiscal year 2015 • EIN 75-3200386

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 22, 2016

14950 NW 44th CourtOpa Locka, FL 33054

(305) 537-9291

Siviq Scores

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

Liabilities / Assets

85th percentile

0.56x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

88th percentile

0.79x

Higher debt load relative to revenue than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

65th percentile

9.4%

Higher net margin than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

56th percentile

$27,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

48th percentile

0.6%

Faster asset growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-21%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$597,392

Up $3,392 (+0.6%) from 2014

Net Assets

Up

$261,039

Up $40,344 (+18%) from 2014

Liabilities

Down

$336,353

Down $36,952 (-9.9%) from 2014

Revenue

Down

$426,998

Down $115,979 (-21%) from 2014

Expenses

Down

$386,654

Down $150,825 (-28%) from 2014

Net Income

Up

$40,344

Up $34,846 (+634%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $583,920Liabilities 2010: $428,848Net Assets 2010: $155,0722010Assets 2011: $602,442Liabilities 2011: $401,002Net Assets 2011: $201,4402011Assets 2012: $607,426Liabilities 2012: $387,320Net Assets 2012: $220,1062012Assets 2013: $677,059Liabilities 2013: $437,612Net Assets 2013: $239,4472013Assets 2014: $594,000Liabilities 2014: $373,305Net Assets 2014: $220,6952014Assets 2015: $597,392Liabilities 2015: $336,353Net Assets 2015: $261,0392015Assets 2016: $633,812Liabilities 2016: $308,871Net Assets 2016: $324,9412016Assets 2017: $962,642Liabilities 2017: $291,588Net Assets 2017: $671,0542017Assets 2018: $713,601Liabilities 2018: $253,867Net Assets 2018: $459,7342018Assets 2019: $893,626Liabilities 2019: $214,845Net Assets 2019: $678,7812019Assets 2020: $833,485Liabilities 2020: $171,456Net Assets 2020: $662,0292020Assets 2021: $684,190Liabilities 2021: $128,398Net Assets 2021: $555,7922021Assets 2022: $602,010Liabilities 2022: $96,689Net Assets 2022: $505,3212022Assets 2023: $696,688Liabilities 2023: $64,975Net Assets 2023: $631,7132023Assets 2024: $793,163Liabilities 2024: $37,255Net Assets 2024: $755,9082024

Highlighted filing

2015

Assets$597,392
Liabilities$336,353
Net Assets$261,039

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $239,6082010Revenue 2011: $228,472Expenses 2011: $182,104Net Income 2011: $46,3682011Revenue 2012: $303,441Expenses 2012: $286,269Net Income 2012: $17,1722012Revenue 2013: $334,012Expenses 2013: $306,524Net Income 2013: $27,4882013Revenue 2014: $542,977Expenses 2014: $537,479Net Income 2014: $5,4982014Revenue 2015: $426,998Expenses 2015: $386,654Net Income 2015: $40,3442015Revenue 2016: $472,057Expenses 2016: $408,155Net Income 2016: $63,9022016Revenue 2017: $703,566Expenses 2017: $357,453Net Income 2017: $346,1132017Revenue 2018: $108,871Expenses 2018: $320,191Net Income 2018: -$211,3202018Revenue 2019: $456,909Expenses 2019: $237,862Net Income 2019: $219,0472019Revenue 2020: $288,836Expenses 2020: $305,588Net Income 2020: -$16,7522020Revenue 2021: $105,548Expenses 2021: $211,785Net Income 2021: -$106,2372021Revenue 2022: $86,304Expenses 2022: $136,775Net Income 2022: -$50,4712022Revenue 2023: $334,065Expenses 2023: $200,905Net Income 2023: $133,1602023Revenue 2024: $876,719Expenses 2024: $752,564Net Income 2024: $124,1552024

Highlighted filing

2015

Revenue$426,998
Expenses$386,654
Net Income$40,344
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 22, 2016
Return Version
2015v2.1
Gross Receipts
$426,998
Mission and Program Overview

Mission

Introduce at-risk youth to the aviation and related fields in science, technology, engineering, & math

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$578,719$564,251▼ $14,468
Cash and Non-Interest-Bearing Accounts$12,031$33,141▲ $21,110
Total Assets$594,000$597,392▲ $3,392
Other Assets Total$3,250--
Liabilities
Mortgage Notes Payable Secured by Investment Property$249,775$235,306▼ $14,469
Unsecured Notes Loans Payable$100,000$99,715▼ $285
Other Liabilities$23,530$1,332▼ $22,198
Total Liabilities$373,305$336,353▼ $36,952
Net Assets / Fund Balance
Unrestricted Net Assets$220,695$261,039▲ $40,344
Total Net Assets Fund Balance$220,695$261,039▲ $40,344
Total Liabilities and Net Assets / Fund Balance$594,000$597,392▲ $3,392

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$564,251$14,468$578,719
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rajeev BrownDirectorFT$27,000$27,000
Barrington IrvingExecutive DirectorFT$23,539$23,539

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$109,959
Program Service Revenue
$317,039
Investment Income
$0
Other Revenue
$0
All Other Contributions
$109,959
Change in Net Assets
$40,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,936
Salaries, Compensation, and Employee Benefits$52,718
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$131,488$2,575-$134,063
Other Expenses$48,059$6,443-$48,059
Travel$27,040$6,517-$33,557
Other Salaries and Wages-$27,000-$27,000
Interest-$24,082-$24,082
Current Officers, Directors, Trustees, and Key Employees-$23,539-$23,539
Depreciation Depletion-$14,468-$14,468
Advertising$8,698$2,035-$10,733
All Other Expenses$4,586$5,120-$9,706
Insurance$5,199$2,021-$7,220
Occupancy-$3,080-$3,080
Payroll Taxes-$2,179-$2,179
Information Technology-$1,535-$1,535
Fees for Services Accounting-$1,350-$1,350
Office Expenses$427$215-$642
Total Functional Expenses$262,921$123,733$0$386,654
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

NO REVIEW WAS CONDUCTED

Governing documents etc available to public Part VI line 19

No documents available to public

Filing and Contact Details

Filer

Filer Name
Experience Aviation Inc
EIN
75-3200386
Address
14950 NW 44TH COURT, OPA LOCKA, FL 33054

Signing Officer

Name
Barrington Irving
Title
President
Phone
3055379291
Signed
2016-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barrington Irving
Formed
2005
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
3
Employees
1

Preparer

Firm
Sfl Tax & Accounting Solutions LLC
Address
2700 N 29TH AVE STE 218A, HOLLYWOOD, FL 33020
Preparer
Michele Moise
Phone
9542486901
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Subcontracted services - 31,666dues & subscriptions - 994payroll processing fees - 603 school sponsorship - 25,000scholarships - 4,600flight plan services - 70,000flight training - 1,200

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IRS990/PayrollTaxesGrp/TotalAmt02179
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BARRINGTON IRVING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0BUILD & SOAR
IRS990/ProgramServiceRevenueGrp/Desc1CAREER FAIR
IRS990/ProgramServiceRevenueGrp/Desc2FLYING CLASSROOM
IRS990/ProgramServiceRevenueGrp/Desc3SCHOLARSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0177189
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132675
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2102000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0177189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2102000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35175
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FLYING CLASSROOM IN PARTNERSHIP WITH EXPERIENCE AVIATION COLLABORATES TO PROVIDE FREE LEARNING RESOURCES PERTAINING TO EACH GLOBAL EXPEDITION. THE RESOURCES IS MADE TO SERVE EDUCATIONAL ENTITIES INCLUDING SCHOOLS, ORGANIZATIONS, NON-PROFITS, AND PARENTS. THIS INCLUDES INTERACTIVE WEB BLOG, LITERACY LESSONS, VIDEO AND IMAGES FROM THE FIELD, SOCIAL MEDIA, DIGITAL STORYTELLING, VISITATION TO SCHOOL DISTRICTS IN THE FLYING CLASSROOM AIRCRAFT, AND FREE SKYPE IN THE CLASSROOM SESSIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0101765
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0102000
IRS990/ProgSrvcAccomActy3Grp/Desc0CAREER FAIR FOR OVER 3000 STUDENTS TO EXPOSE THEM TO CAREER AND EDUCATIONAL OPPORTUNITIES IN STEM AREAS. THE CAREER FAIR EXHIBITS THE LOCAL STEM / AVIATION INDUSTRY BY BRINGING TOGETHER CORPORATIONS, EDUCATIONAL INSTITUTIONS AND EMPLOYMENT SERVICES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032410
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt032675
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO HAVE PARTICIPATED WITHIN THE BUILD AND SOAR ACADEMY WHO ARE PLANNING TO PURSUE HIGHER EDUCATION WITHIN THE STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) INDUSTRY. STUDENTS SELECTED FOR THIS SCHOLARSHIP HAVE BEEN THROUGH A RIGOROUS PROCESS ANALYZED BY THE EXPERIENCE AVIATION TEAM MEMBERS TO DETERMINE THEIR PERFORMANCE LEVEL AND INTEREST WITHIN STEM. EXPERIENCE AVIATION AIMS TO PROVIDE MORE SCHOLARSHIPS TO STUDENTS TO PURSUE THEIR DREAMS AND GOALS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04600
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05175
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0154630
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0444977
IRS990/PYProgramServiceRevenueAmt0388347
IRS990/PYRevenuesLessExpensesAmt05498
IRS990/PYSalariesCompEmpBnftPaidAmt092502
IRS990/PYTotalExpensesAmt0537479
IRS990/PYTotalRevenueAmt0542977
IRS990/ReconcilationRevenueExpnssAmt040344
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0177189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0426997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0542615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0252463
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0135052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01701129
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95900
IRS990ScheduleA/PublicSupportPY170Pct00.82000
IRS990ScheduleA/PublicSupportTotal170Amt01631369
IRS990ScheduleA/SubstantialContributorsTotAmt069760
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0426997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0542615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0252463
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0135052
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01701129
IRS990ScheduleA/TotalSupportAmt01701129
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0564251
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014468
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0578719
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0564251
IRS990ScheduleD/TotalLiabilityAmt01332
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUBCONTRACTED SERVICES - 31,666DUES & SUBSCRIPTIONS - 994PAYROLL PROCESSING FEES - 603 SCHOOL SPONSORSHIP - 25,000SCHOLARSHIPS - 4,600FLIGHT PLAN SERVICES - 70,000FLIGHT TRAINING - 1,200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0594000
IRS990/TotalAssetsEOYAmt0597392
IRS990/TotalAssetsGrp/BOYAmt0594000
IRS990/TotalAssetsGrp/EOYAmt0597392
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0109959
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123733
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0262921
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386654
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0373305
IRS990/TotalLiabilitiesEOYAmt0336353
IRS990/TotalLiabilitiesGrp/BOYAmt0373305
IRS990/TotalLiabilitiesGrp/EOYAmt0336353
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0220695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0261039
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt04600
IRS990/TotalOtherProgSrvcRevenueAmt05175
IRS990/TotalProgramServiceExpensesAmt0262921
IRS990/TotalProgramServiceRevenueAmt0317039
IRS990/TotalReportableCompFromOrgAmt050539
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0317039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426998
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0594000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0597392
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt06517
IRS990/TravelGrp/ProgramServicesAmt027040
IRS990/TravelGrp/TotalAmt033557
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0220695

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.93$0.37$7.56$8.77$7.53$1.24
2023Detailed filing. Detailed filing data is available for this year.$6.97$0.65$6.32$3.34$2.01$1.33
2022Detailed filing. Detailed filing data is available for this year.$6.02$0.97$5.05$0.86$1.37$0.50
2021Detailed filing. Detailed filing data is available for this year.$6.84$1.28$5.56$1.06$2.12$1.06
2020Detailed filing. Detailed filing data is available for this year.$8.33$1.71$6.62$2.89$3.06$0.17
2019Detailed filing. Detailed filing data is available for this year.$8.94$2.15$6.79$4.57$2.38$2.19
2018Detailed filing. Detailed filing data is available for this year.$7.14$2.54$4.60$1.09$3.20$2.11
2017Detailed filing. Detailed filing data is available for this year.$9.63$2.92$6.71$7.04$3.57$3.46
2016Detailed filing. Detailed filing data is available for this year.$6.34$3.09$3.25$4.72$4.08$0.64
2015Detailed filing. Detailed filing data is available for this year.$5.97$3.36$2.61$4.27$3.87$0.40
2014Detailed filing. Detailed filing data is available for this year.$5.94$3.73$2.21$5.43$5.37$0.05
2013Detailed filing. Detailed filing data is available for this year.$6.77$4.38$2.39$3.34$3.07$0.27
2012Summary only. Only limited summary data is available for this year.$6.07$3.87$2.20$3.03$2.86$0.17
2011Summary only. Only limited summary data is available for this year.$6.02$4.01$2.01$2.28$1.82$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.84$4.29$1.55$2.40