Civic Intelligence

Hcap Aerospace Scholarship Foundation

EIN 93-2359280 • 501(c)3 • Teaticket, MA

Profile

Provide scholarships for aviation-related education

23 Hamilton StreetTeaticket, MA 02536
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

0.60x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

91st percentile

88%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

39th percentile

-13%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$18,650

Up $13,395 (+255%) from 2023

Liabilities

Flat

$4,182

Flat from 2023

Net Assets

Up

$14,468

Up $13,395 (+1248%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin98th percentile

Revenue

Down

$6,976

Down $2,306 (-25%) from 2023

Expenses

Down

$6

Down $4,021 (-100%) from 2023

Net Income

Up

$6,970

Up $1,715 (+33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$20K$15K$10K$5.0K$0Assets 2023: $5,255Liabilities 2023: $4,182Net Assets 2023: $1,0732023Assets 2025: $18,650Liabilities 2025: $4,182Net Assets 2025: $14,4682025

Highlighted filing

2025

Assets$18,650
Liabilities$4,182
Net Assets$14,468
Open 2025 Filing

Operations Trend

Revenue Growth39th percentile

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

$10K$5.0K$0Revenue 2023: $9,282Expenses 2023: $4,027Net Income 2023: $5,2552023Revenue 2025: $6,976Expenses 2025: $6Net Income 2025: $6,9702025

Highlighted filing

2025

Revenue$6,976
Expenses$6
Net Income$6,970
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,650
Liabilities
$4,182
Net assets
$14,468
Revenue
$6,976
Expenses
$6
Net income
$6,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.7$4.18$14.5$6.98$0.01$6.97
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$4.18$1.07$9.28$4.03$5.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Dec 15, 2025
Return Version
2024v5.2
Gross Receipts
$6,976
Mission and Program Overview

Mission

Provide scholarships for aviation-related education

Program Services

DescriptionGrantsExpenses
No grants provided, newly established foundation is in initial fund-raising.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark J TouseyChairman-$0--
David G WhiteTreasurer-$0--
Lucy YoungDirector-$0--
Peter AllenDirector-$0--
Filing and Contact Details

Filer

Filer Name
HCAP Aerospace Scholarship Foundation
EIN
93-2359280
Phone
9729558861
Address
23 Hamilton Street, Teaticket, MA 02536

Signing Officer

Name
Peter Allen
Title
Director
Phone
9729558861
Signed
2025-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Welch Llp
Address
CA
Preparer
Ryan Eischer
Phone
6132369191
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Bank Fees. Amount: 6.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Incorporation Fees. Beg. of Year Amount: 4,000. End of Year Amount: 4,000.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Grant Payable. Beg. of Year Amount: 4,182. End of Year Amount: 4,182.”

Raw XML Appendix145 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0David G White
IRS990EZ/BooksInCareOfDetail/PhoneNum09729558861
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03409 Colt Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Plano
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075074
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07680
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014650
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt06976
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06970
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011680
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018650
IRS990EZ/GrossReceiptsAmt06976
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07498
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014468
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07498
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014468
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mark J Tousey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David G White
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lucy Young
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Peter Allen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Provide scholarships for aviation-related education
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0No grants provided, newly established foundation is in initial fund-raising.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04182
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04182
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt06976
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt014576
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt014576
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09476
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05100
IRS990ScheduleA/Total509Grp/TotalAmt014576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014576
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Bank Fees. Amount: 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Incorporation Fees. Beg. of Year Amount: 4,000. End of Year Amount: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Grant Payable. Beg. of Year Amount: 4,182. End of Year Amount: 4,182.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Peter Allen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09729558861
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HCAP Aerospace Scholarship Foundation
ReturnHeader/Filer/BusinessNameControlTxt0HCAP
ReturnHeader/Filer/EIN0932359280
ReturnHeader/Filer/PhoneNum09729558861
ReturnHeader/Filer/USAddress/AddressLine1Txt023 Hamilton Street
ReturnHeader/Filer/USAddress/CityNm0Teaticket
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002536
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0980191285
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WELCH LLP
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/AddressLine1Txt0350 Albert Street Suite 700
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/CityNm0Ottawa
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/CountryCd0CA
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/ForeignPostalCd0K1R 1A4
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/ProvinceOrStateNm0ON
ReturnHeader/PreparerPersonGrp/PhoneNum06132369191
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan Eischer
ReturnHeader/ReturnTs02025-12-15T13:15:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-08-01
ReturnHeader/TaxPeriodEndDt02025-07-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.