Soaring Flight Education Association
- Assets
- $44.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- Data as of
- 08/2023
- EIN
- 87-2898752
Organization Overview
Soaring Flight Education Association is located in St Paul, MN. 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. Soaring Flight Education Association 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 08/2023, Soaring Flight Education Association generated $28.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $11.8k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
IN OUR FIRST YEAR OF OPERATION THE SFEA SOLICITED AND RECEIVED CASH DONATIONS AND A MATCHING GRANT OF $25,000. WE AWARDED FLIGHT SCHOLARSHIPS OF UP TO $1,000 TO THREE TEENAGERS. WE ARE CONTINUING OUR FUNDRAISING EFFORTS IN ORDER TO QUALIFY FOR THE MATCHING GRANT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Nesser President | 2 | $0 | |
Roy Forsstrom Treasurer | 1 | $0 | |
Leon Zeug Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,487 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $772 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,259 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $347 |
| Other expenses | $583 |
| Total expenses | $11,759 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,000 |
| Other assets | $0 |
| Total assets | $44,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,000 |