Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
EIN 85-1110607 • 501(c)3 • Lutz, FL
Profile
Inspiring, training, and launching next generation of aviators, innovators, and entrepreneurs by breaking financial and systemic barriers that limit access to aviation, stem, and business opportunities - for youth, veterans, and individuals in underserved communities. Promoting aviation-focused and other stem programs including remote pilot, private pilot, aviation maintenance technician, aerospace and mechanical engineering.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$48,741
No earlier filing loaded for comparison.
Liabilities
$5,663
No earlier filing loaded for comparison.
Net Assets
$43,078
No earlier filing loaded for comparison.
Revenue
$136,777
No earlier filing loaded for comparison.
Expenses
$155,444
No earlier filing loaded for comparison.
Net Income
-$18,667
No earlier filing loaded for comparison.
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Inspiring, training, and launching next generation of aviators, innovators, and entrepreneurs by breaking financial and systemic barriers that limit access to aviation, stem, and business opportunities - for youth, veterans, and individuals in underserved communities. Promoting aviation-focused and other stem programs including remote pilot, private pilot, aviation maintenance technician, aerospace and mechanical engineering.
| Description | Grants | Expenses |
|---|---|---|
| PARTNERING WITH STATE AND LOCAL ORGANIZATIONS TO MAKE AVIATION WORKFORCE PROGRAMS ACCESSIBLE TO UNDERSERVED COMMUNITIES IN MAKING A DIFFERENCE WHERE POSSIBLE. | - | $120,547 |
| FOSTERING ENTREPRENEURSHIP, INNOVATION, AND UNDERSTANDING OF WEALTH CREATION CONCEPTS TO BETTER SERVE EACH OTHER AND LOCAL COMMUNITY. | $449 | $449 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RICARDO FOSTER CEO | CEO/Presiden | FT | $0 | - | - |
| HOPETON SMALLING VP | Vice Preside | - | $0 | - | - |
| WALTER MATTHEWS OFFICER | Officer | - | $0 | - | - |
“Expenses advertising and promotion 3,754 miscellaneous 2,321 bank fees 470 janitorial 180 membership and subscriptions 5,096 merchant account fees 1,683 office supplies 177 software and apps 2,682 small tools and equipment 4,039 other business expenses 3,009 4,084 conferences/meetings 3,847 insurance 3,334 aircraft maintenance 8,416 aircraft parts 4,092 aircraft fuel 4,490 drone parts 594 equipment rental 21,005 flight simulator 1,410 rent 1,700 utilities 3,652 quickbooks payment fees 105 repairs 20 course books 4,855 supplies and materials 2,271 vehicle expenses 8,497 supplies 1,696 non-investment depreciation 8,605 total 106,084”
“Fixed assets 59,439 60,639 less accumulated depreciation 14,967 23,572 total 44,472 37,067”
“Unsecured notes and loans payable 4,274 0 sales tax 1,323 4,411 loans from officers 0 1,252”
“Inspiring, training, and launching next generation of aviators, innovators, and entrepreneurs by breaking financial and systemic barriers that limit access to aviation, stem, and business opportunities - for youth, veterans, and individuals in underserved communities. Promoting aviation-focused and other stem programs including remote pilot, private pilot, aviation maintenance technician, aerospace and mechanical engineering.”
“Partnering with state and local organizations to make aviation workforce programs accessible to underserved communities in making a difference where possible.”
“Information regarding personal benefit contracts: the 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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RICARDO FOSTER CEO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8134458889 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4639 BIRDSONG BLVD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LUTZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33559 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 22870 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 11674 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 98493 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18667 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 48832 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 67342 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 48741 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 449 |
| IRS990EZ/GrossReceiptsAmt | 0 | 136777 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 1252 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 61745 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43078 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 61745 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43078 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 60.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RICARDO FOSTER CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HOPETON SMALLING VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WALTER MATTHEWS OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO/PRESIDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 44472 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 37067 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 106084 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | INSPIRING, TRAINING, AND LAUNCHING NEXT GENERATION OF AVIATORS, INNOVATORS, AND ENTREPRENEURS BY BREAKING FINANCIAL AND SYSTEMIC BARRIERS THAT LIMIT ACCESS TO AVIATION, STEM, AND BUSINESS OPPORTUNITIES - FOR YOUTH, VETERANS, AND INDIVIDUALS IN UNDERSERVED COMMUNITIES. PROMOTING AVIATION-FOCUSED AND OTHER STEM PROGRAMS INCLUDING REMOTE PILOT, PRIVATE PILOT, AVIATION MAINTENANCE TECHNICIAN, AEROSPACE AND MECHANICAL ENGINEERING. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 79 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 38283 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOSTERING ENTREPRENEURSHIP, INNOVATION, AND UNDERSTANDING OF WEALTH CREATION CONCEPTS TO BETTER SERVE EACH OTHER AND LOCAL COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PARTNERING WITH STATE AND LOCAL ORGANIZATIONS TO MAKE AVIATION WORKFORCE PROGRAMS ACCESSIBLE TO UNDERSERVED COMMUNITIES IN MAKING A DIFFERENCE WHERE POSSIBLE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 449 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 449 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 120547 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 5597 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5663 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 155444 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 120996 |
| IRS990EZ/TotalRevenueAmt | 0 | 136777 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.INFINITYAEROCLUB.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | false |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | false |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 1252 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | TO COVER ORG EXPENDITURES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 7012 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | BUSINESS LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 1252 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 3,754 MISCELLANEOUS 2,321 BANK FEES 470 JANITORIAL 180 MEMBERSHIP AND SUBSCRIPTIONS 5,096 MERCHANT ACCOUNT FEES 1,683 OFFICE SUPPLIES 177 SOFTWARE AND APPS 2,682 SMALL TOOLS AND EQUIPMENT 4,039 OTHER BUSINESS EXPENSES 3,009 4,084 CONFERENCES/MEETINGS 3,847 INSURANCE 3,334 AIRCRAFT MAINTENANCE 8,416 AIRCRAFT PARTS 4,092 AIRCRAFT FUEL 4,490 DRONE PARTS 594 EQUIPMENT RENTAL 21,005 FLIGHT SIMULATOR 1,410 RENT 1,700 UTILITIES 3,652 QUICKBOOKS PAYMENT FEES 105 REPAIRS 20 COURSE BOOKS 4,855 SUPPLIES AND MATERIALS 2,271 VEHICLE EXPENSES 8,497 SUPPLIES 1,696 NON-INVESTMENT DEPRECIATION 8,605 TOTAL 106,084 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FIXED ASSETS 59,439 60,639 LESS ACCUMULATED DEPRECIATION 14,967 23,572 TOTAL 44,472 37,067 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 4,274 0 SALES TAX 1,323 4,411 LOANS FROM OFFICERS 0 1,252 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INSPIRING, TRAINING, AND LAUNCHING NEXT GENERATION OF AVIATORS, INNOVATORS, AND ENTREPRENEURS BY BREAKING FINANCIAL AND SYSTEMIC BARRIERS THAT LIMIT ACCESS TO AVIATION, STEM, AND BUSINESS OPPORTUNITIES - FOR YOUTH, VETERANS, AND INDIVIDUALS IN UNDERSERVED COMMUNITIES. PROMOTING AVIATION-FOCUSED AND OTHER STEM PROGRAMS INCLUDING REMOTE PILOT, PRIVATE PILOT, AVIATION MAINTENANCE TECHNICIAN, AEROSPACE AND MECHANICAL ENGINEERING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PARTNERING WITH STATE AND LOCAL ORGANIZATIONS TO MAKE AVIATION WORKFORCE PROGRAMS ACCESSIBLE TO UNDERSERVED COMMUNITIES IN MAKING A DIFFERENCE WHERE POSSIBLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICARDO FOSTER CEO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO/PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7573538610 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INFINITY AERO CLUB TAMPA BAY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INFI |
| ReturnHeader/Filer/EIN | 0 | 851110607 |
| ReturnHeader/Filer/PhoneNum | 0 | 8134458889 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4639 BIRDSONG BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LUTZ |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33559 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 331432319 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | K&M TAX SOLUTIONS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2335 STANFORD CT SUITE 503 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NAPLES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 34112 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8332569799 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-09-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JELENA MELNICHENKO |
| ReturnHeader/ReturnTs | 0 | 2025-09-10T21:53:03-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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