National Air & Space Education Institute
- Assets
- $26.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prospect, KY
- Founding
- Data as of
- 06/2017
- EIN
- 27-1809824
Organization Overview
National Air & Space Education Institute is located in Prospect, KY. National Air & Space Education Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, National Air & Space Education Institute generated $96.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $206.7k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
AIR & SPACE ACADEMY IS AMERICA'S LEADING PROVIDER OF AERONAUTIC AND AEROSPACE-BASED EDUCATIONAL PROGRAMS FOR STUDENTS IN GRADES 9 THROUGH 12 THAT DEVELOP AND PROMOTE STUDY AND PROFICIENCY IN THE STEM SUBJECTS, PRODUCES COLLEGE AND CAREER READY GRADUATES, AND IS TRAINING THE NEXT GENERATION OF AEROSPACE WORKERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Bornwasser Board Chair And Director | 1 | $0 | |
Jeffrey Carrithers Director | 1 | $0 | |
Twyman Clements Director | 1 | $0 | |
Jim Cline Director | 1 | $0 | |
Deborah Hinton Director | 1 | $0 | |
Robert Riggs Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,088 |
| Total Program Service Revenue | $133,435 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$60,862 |
| Net Income from Gaming & Fundraising | $9,330 |
| Other Revenue | $158 |
| Total Revenue | $96,149 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,303 |
| Professional fees and other payments to independent contractors | $6,980 |
| Occupancy, rent, utilities, and maintenance | $18,295 |
| Printing, publications, postage, and shipping | $187 |
| Other expenses | $83,965 |
| Total expenses | $206,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,297 |
| Other assets | $0 |
| Total assets | $26,297 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,297 |