Capital City Aviation Inc
- Assets
- $83.3k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 18
- Location
- Columbus, OH
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 20-1614692
Organization Overview
Capital City Aviation Inc is located in Columbus, OH. The organization was established in 2013. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Capital City Aviation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital City Aviation Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Capital City Aviation Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 28.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT FLIGHT INSTRUCTION CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FLIGHT TRAINING TO PRIVATE PILOTS
PLANE MARKETING AGREEMENT FEES, PLANE CLEANING AND MAINTENANCE:PLANES ARE OWNED BY THE MEMBER LLCS.THE MARKETING AGREEMENT FEES COVER THE PROMOTION, ADVERTISING, ANDREVENUE-GENERATING RENTALS OF THE PLANES.THE PLANE CLEANING AND MAINTENANCE FEES COVER LOW-LEVEL MAINTENANCE ON THEAIRCRAFT (OIL CHANGES AND INSPECTIONS) THAT DO NOT NEED TO BE OUTSOURCED TOA THIRD PARTY AIRCRAFT VENDOR.
MEMBERSHIP DUES/INITIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Baxter President | OfficerTrustee | 0 | $0 |
Andrew Langen Secretary | OfficerTrustee | 0 | $0 |
Paul Palmisciano Board | Trustee | 0 | $0 |
R David Bragg Treasurer | OfficerTrustee | 0 | $0 |
Tom Backus Board | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,193,875 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,193,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,070 |
| Compensation of current officers, directors, key employees. | $110,070 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $440,280 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,150 |
| Payroll taxes | $52,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $945 |
| Advertising and promotion | $0 |
| Office expenses | $10,816 |
| Information technology | $10,531 |
| Royalties | $0 |
| Occupancy | $36,330 |
| Travel | $10,287 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,050 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,873 |
| Insurance | $0 |
| All other expenses | $83,695 |
| Total functional expenses | $2,184,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,279 |
| Savings and temporary cash investments | $5,154 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,383 |
| Net Land, buildings, and equipment | $29,814 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,343 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $10,000 |
| Other liabilities | $66,994 |
| Total liabilities | $76,994 |
| Net assets without donor restrictions | $6,349 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $83,343 |