Colorado Sport Aviation Inc
Nonprofit profile at a glance
- EIN
- 043590471
- IRS 990-EZ coverage
- 2014–2014
- Forms available
- Form 990 2013, Form 990-EZ 2014
- Location
- Englewood, CO, USA
- Phone
- 3037817890
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Physical & Earth Sciences,
Reported finances
- Revenue
- $94,469
- Expenses
- $153,387
- Assets
- $704
- Liabilities
- $118,386
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jim Cimiluca (President)
- Gary Brown (Vice President)
- Robert Scott McMillan (Vice President)
People named in this filing
- Jim Cimiluca (President)
- Gary Brown (Vice President)
- Robert Scott McMillan (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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Colorado Sport Aviation, Inc. is an all-volunteer organization dedicated to serve and promote "recreational aviation" through the hosting of an annual Air Show and Regional Fly-In. "Recreational aviation" encompasses: fun, families, building, restoring, flying, exploring and learning. Our mission places an emphasis on providing at-risk and gifted & talented children access to general aviation opportunities through education, Flight Training Grants, introductory flight experience and hands-on construction/technology seminars.
What it reported doing in 2014
Organized, promoted and managed the Colorado Sport International Air Show and Annual Rocky Mountain Regional Fly-In to promote recreational aviation, including safety forums, informational forums, and aircraft building seminars. CSA hosted a family oriented weekend event attended by numerous aircraft from around the country. During the three-day event, the FAA, EAA and industry leaders present over 20 educational and safety forums. Building workshops for adults (welding, sheet metal, riveting techniques, etc.) and youth (ESTES model rocketry, balsa aircraft, rib building, etc.) help spark a new interest in learning and aviation. Two activities designed specifically for young people are the Flight Simulator area combined with other fun aviation activities and Young Eagles Rides (ages 8-17) provided by local EAA Chapters.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 75
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.1%; rating input score 98
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -62.4%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 168.16; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -12.6% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -40.9% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $150K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.