Experimental Aircraft Association Chapter 40
Legal name: Eaa Chapter 40 San Fernando Valley Ca
Nonprofit profile at a glance
- EIN
- 852355456
- IRS 990-EZ coverage
- 2024–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Pacoima, CA, United States
- Phone
- (818) 252-9177
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $123,343
- Expenses
- $69,636
- Assets
- $126,503
- Liabilities
- $5,554
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Clyde Carpenter (President)
- James Hatami (Vice President)
People named in this filing
- Clyde Carpenter (President)
- Tom Hendricks (secretary)
- James Hatami (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
501(c)3 nonprofit dedicated to the hobby and science of aircraft building and restoration, providing youth outreach through aviation and fostering the growth of private aviation and air sports. Tom has a passion to provide opportunities for youth. His skills in engineering give a real foundation to our educational programs. Home About. Our membership is growing. With over 1000 national EAA members in a 25 nautical mile radius of our home airport, Whiteman Airport (KWHP) we are growing daily. We have a wonderful and welcoming team of volunteers that care deeply about our community of Pacoima, CA, the San Fernando Valley and the Greater Los Angeles County/ Metropolitan area. Please see our calendar on the home page for our regularly scheduled meetings and our activities. The majority of our meetings and activities are open to the public. Please visit us and you are always welcome to...
What it reported doing in 2025
Hangar rent of two hangars to house build project, tools, and other chapter projects and donations held for sale.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 48% for direct work, 45% for grants, and 7% for member benefits.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.8%; rating input score 41
- Program expense ratio: 62.5%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 43.5%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.82; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 48.5% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 49.7% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 40.8% of revenue deployed · 62.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.