Aero
- Assets
- $7.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, TN
- Founding
- 04/2015
- Data as of
- 12/2019
- EIN
- 47-3688194
Organization Overview
Aero is located in Madison, TN. The organization was established in 2015. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aero 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 12/2019, Aero generated $44.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $52.0k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,856 |
| Total Program Service Revenue | $37,881 |
| Membership dues | $2,469 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,206 |
| Statement of Expenses | |
|---|---|
| Total expenses | $52,021 |
| Balance Sheet | |
|---|---|
| Total assets | $7,053 |
| Total liabilities | $450 |
| Net assets or fund balances | $6,603 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aero has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midway Usa Foundation Inc Columbia, MO | $194,100,293 | $37,103,631 |
United States Hunter Jumper Association Inc Lexington, KY | $20,251,014 | $9,522,034 |
Alabama Sports Council Inc Birmingham, AL | $494,111 | $5,878,430 |
Missouri Valley Conference Inc St Louis, MO | $10,444,732 | $10,359,535 |
Adult Ice Hockey Federation Ltd Sterling, VA | $497,146 | $3,812,767 |
Richmond Volleyball Club Henrico, VA | $4,492,529 | $3,770,472 |
National Junior College Athletic Association Charlotte, NC | $4,854,958 | $4,218,539 |
Mid-America Intercollegiate Athletics Association Kansas City, MO | $897,244 | $2,652,440 |
The United States Pony Clubs Inc Lexington, KY | $8,497,562 | $2,773,212 |
Louisville Urban League Sports And Learning Complex Inc Louisville, KY | $77,056,765 | $1,676,545 |
Tidewater Volleyball Association Virginia Beach, VA | $336,915 | $1,476,950 |
Mobile Alabama Bowl Inc Mobile, AL | $1,066,135 | $1,992,885 |