Civic Intelligence

Greatest Generation Naval Museum

990PF • Fiscal year 2018 • EIN 82-3613348

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

755 Aviation WayColorado Springs, CO 80916

(719) 638-2900

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.00x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

1st percentile

-1053%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

16th percentile

-6.9%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

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

Annualized from 2017 to 2018

Assets

Down

$5,514,694

Down $406,412 (-6.9%) from 2017

Net Assets

Down

$5,514,694

Down $406,412 (-6.9%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$32,100

Up $32,100 from 2017

Expenses

Up

$370,063

Up $370,063 from 2017

Net Income

Down

-$337,963

Down $337,963 from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $5,921,106Liabilities 2017: $0Net Assets 2017: $5,921,1062017Assets 2018: $5,514,694Liabilities 2018: $0Net Assets 2018: $5,514,6942018Assets 2020: $4,952,791Liabilities 2020: $0Net Assets 2020: $4,952,7912020Assets 2021: $4,170,426Liabilities 2021: $0Net Assets 2021: $4,170,4262021Assets 2022: $3,951,546Liabilities 2022: $0Net Assets 2022: $3,951,5462022Assets 2024: $1,005,460Liabilities 2024: $0Net Assets 2024: $1,005,4602024

Highlighted filing

2018

Assets$5,514,694
Liabilities$0
Net Assets$5,514,694

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $32,100Expenses 2018: $370,063Net Income 2018: -$337,9632018Revenue 2020: $78,046Expenses 2020: $343,455Net Income 2020: -$265,4092020Revenue 2021: -$411,825Expenses 2021: $370,540Net Income 2021: -$782,3652021Revenue 2022: $35,000Expenses 2022: $253,880Net Income 2022: -$218,8802022Revenue 2024: $840,472Expenses 2024: $72,707Net Income 2024: $767,7652024

Highlighted filing

2018

Revenue$32,100
Expenses$370,063
Net Income-$337,963
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Mission and Program Overview

Mission

Greatest Generation is an aerospace museum focusing on World War II aviation. During the Word War II era, America produced a wide variety of cutting-edge fighting aircraft, many of which are little known to the general public. The goal of Greatest Generation is to provide education about these aircraft, the history of military aviation, and the sacrifices that were made for this country by the World War II generation. To that end, it has acquired approximately 16 fully restored World War II aircraft, and historic artifacts representing Air Force, Navy, Marine Corps, and Coast Guard Aviation. This collection has been lent to its supported organization, the National Museum of World War II Aviation, Inc., for public display in its museum. Greatest Generation also provides financial and other support to the National Museum. Lastly, every two years, the collection of Greatest Generation goes on display at the Pikes Peak Regional Air Show.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William KlaersChairman/President-$0--
Victor C AndrewsBoard Member-$0--
Mark EarleBoard Member-$0--
Kurt K PetersonSecretary/Vice President-$0--
James M SlatteryBoard Member/Former President-$0--
Jane W Slattery TreasurerSecretary Through 2/2018-$0--
Michael Slattery Vice PresidentThrough 2/2018-$0--
Filing and Contact Details

Filer

Filer Name
Greatest Generation Naval Museum
EIN
82-3613348
In Care Of
% WILLIAM R KLAERS
Phone
7196382900
Address
755 Aviation Way, Colorado Springs, CO 80916

Signing Officer

Name
William R Klaers
Title
Co-Chairman
Phone
7196382900
Signed
2019-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Bkd Llp
Address
111 South Tejon Suite 800, Colorado Springs, CO 80903-9848
Preparer
Adam R Smith CPA
Phone
7194714290
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0William Klaers
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0WAR II ERA, THE HISTORY OF MILITARY AVIATION, AND THE SACRIFICES THAT WERE MADE FOR THIS COUNTRY BY THE WORLD WAR II GENERATION.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt018922
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OtherDecreasesSchedule/OtherDecreasesDetail/Amt068449
OtherDecreasesSchedule/OtherDecreasesDetail/Amt10
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0REVERSE PRIOR ACCOUNTANT ENTRIES FOR
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1PREPAID EXPENSES & OTHER ASSETS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ADVERTISING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1MATERIALS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2LICENSES AND FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt010271
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1312
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt255
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt010271
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1312
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt255
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM R KLAERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co-Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum07196382900
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Greatest Generation Naval Museum
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0823613348
ReturnHeader/Filer/InCareOfNm0% WILLIAM R KLAERS
ReturnHeader/Filer/PhoneNum07196382900
ReturnHeader/Filer/USAddress/AddressLine1Txt0755 Aviation Way
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080916
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B297EB62ACBDF2C63341018967E8037D5137B826
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DDBD4DA9243B620B38BBE96F8F9875EE03B4567F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId084022720193095000000
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.126.162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 South Tejon Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0809039848
ReturnHeader/PreparerPersonGrp/PhoneNum07194714290
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam R Smith CPA
ReturnHeader/ReturnTs02019-11-05T10:34:40-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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