Blue Sky Educational Foundation
- Assets
- $166.8k
- Revenue
- $192.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Dallas, TX
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 45-5630226
Organization Overview
Blue Sky Educational Foundation is located in Dallas, TX. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Sky Educational Foundation 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 12/2022, Blue Sky Educational Foundation generated $192.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $174.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blue Sky Educational Foundation has awarded 15 individual grants totaling $453,611. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION USES AVIATION EXPERIENCES TO INSPIRE YOUNG PEOPLE TO PURSUE STUDIES IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH ("STEM") AND PROMOTE CAREERS IN AVIATION THROUGH CAMP SCHOLARSHIPS, SCHOOL CURRICULA, AND OTHER PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR STUDENTS TO ATTEND THE EAA AIR ACADEMY, NATIONAL FLIGHT ACADEMY, AND OTHER FLIGHT TRAINING PROGRAMS THROUGHOUT THE COUNTRY, AS WELL AS TRANSPORTATION TO AND FROM THE AIR ACADEMY. THE FOCUS OF THE AIR ACADEMY IS TO UTILIZE THE MOTIVATION AND EXCITEMENT OF AVIATION TOENGAGE STYUDENTS IN STEM CONTENT.
TO SUPPORT THE FRONTIERS OF FLIGHT MUSEUM AND NAVAL AVIATION MUSEUM. THE MUSEUM EDUCATES VIA IN PERSON AND ONLINE TOURS THROUGH THE HISTORY OF FLIGHT, ENGAGING PARTICIPANTS IN HANDS ON LEARNING.
PROVIDE STEM PROGRAM SUPPLIES TO EDUCATE AND ENGAGE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Thompson President | OfficerTrustee | 3 | $0 |
Lee Siudzinski Executive Director | OfficerTrustee | 40 | $35,000 |
Alan Farrow-Gillespie Director | Trustee | 3 | $0 |
Katie Pribyl Secretary | OfficerTrustee | 3 | $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 | $192,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $192,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,840 |
| 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. | $35,000 |
| Compensation of current officers, directors, key employees. | $8,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $52,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,607 |
| All other expenses | $543 |
| Total functional expenses | $174,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,774 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $166,774 |
| Accounts payable and accrued expenses | $594 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $594 |
| Net assets without donor restrictions | $166,180 |
| 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 | $166,774 |
Grants Awarded
Over the last fiscal year, Blue Sky Educational Foundation has awarded $175,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EXPERIMENTAL AIRCRAFT ASSOCIATION PURPOSE: GRANTS WERE PROVIDED TO FUND PROGRAM SERVICES | $15,000 |
FRONTIERS OF FLIGHT MUSEUM PURPOSE: GRANTS WERE PROVIDED TO FUND PROGRAM SERVICES | $30,000 |
THE JULIA FOUNDATION PURPOSE: GRANTS WERE PROVIDED TO FUND PROGRAM SERVICES | $25,000 |
DALLAS EDUCATION FOUNDATION PURPOSE: GRANTS WERE PROVIDED TO FUND PROGRAM SERVICES | $100,000 |
AUSTIN STREET CENTER PURPOSE: GRANTS WERE PROVIDED TO FUND PROGRAM SERVICES | $5,000 |