Aerospace Education Corporation
Nonprofit profile at a glance
- EIN
- 204064346
- IRS 990-EZ coverage
- 2010–2016
- Forms available
- Form 990-EZ 2016
- Location
- Ronkonkoma, NY, USA
- Phone
- 6313891470
- Rating confidence
- Limited
- Sector
- Physical & Earth Sciences,
Reported finances
- Revenue
- $23
- Expenses
- $1,759
- Assets
- $13,026
- Liabilities
- $800
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- WILLIAM J MCSHANE (PRESIDENT &)
People named in this filing
- WILLIAM J MCSHANE (PRESIDENT &)
- JENNIFER MINORI (VICE PRES.)
- DEBORAH BROWN (SECRETARY)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The aerospace education corporation, a not-for-profit organization was created to promote aviation education. This organization will be hosting aviation career fairs and offering ways to introduce students to the aviation industry.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7,547.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 7.41; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.3% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -26.4% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: Filed program service accomplishments
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2010 to 2016
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.