Aaaa Trade School Licensing & Certification Support Foundation Inc
Nonprofit profile at a glance
- EIN
- 861855681
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Monroe, CT, USA
- Phone
- 2032682450
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $141,373
- Expenses
- $23,627
- Assets
- $221,808
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MR WILLIAM R HARRIS (EXECUTIVE DIRECTOR)
- BG STEPHEN D MUNDT RET (PRESIDENT)
- BG HOWARD W YELLEN RET (VICE PRESIDENT)
People named in this filing
- MR WILLIAM R HARRIS (EXECUTIVE DIRECTOR)
- BG STEPHEN D MUNDT RET (PRESIDENT)
- BG HOWARD W YELLEN RET (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aaaa trade school, licensing, and certification support foundation, inc., herein after referred to as "the aaa-tlc inc." is a not-for-profit, tax exempt corporation organized under the laws of the state of Connecticut to empower individuals by providing financial grants for post secondary education opportunities through trade schools, licensing, and certifications not related to college programs. The aaa-tlc inc.'s mission is to provide assistance to qualified members of the army aviation association of america, hereinafter referred to as "aaaa", and selected spouses, siblings, children, and grandchildren of members and deceased members; to conduct fundraising for support of these activities; and do all and everything necessary, suitable, and proper to accomplish the purpose of the foundation as promulgated by the aaaa-tlc inc. In the foundation charter, whether alone or in association with other corporations, firms, or individuals.
What it reported doing in 2024
Provide support for army aviation of association inc. (aaaa) who wish to request funding to attend a trade school, licensing, or certification course for the purpose of transitioning to a new career.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 91
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 83.3%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 9.39; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 42% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 48.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.