Expermental Aircraft Association Inc Chapter 908
Nonprofit profile at a glance
- EIN
- 300338453
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Ft Pierce, FL, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Physical & Earth Sciences,
Reported finances
- Revenue
- $38,342
- Expenses
- $26,828
- Assets
- $108,166
- Liabilities
- $45,553
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Michael Ketchpaw (President)
- Jack Hartey (Vice President)
People named in this filing
- Michael Ketchpaw (President)
- Jack Hartey (Vice President)
- Edwin Fry (Treasurer)
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
EAA is the only association in Fort Pierce, Florida that offers the fun and comradery of sharing a passion for participating in the flying, building and restoring recreational aircraft with the most passionate community of aviation enthusiasts including introducing the youth of the county to aviation with special programs and introductory flights.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- 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. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.8%; rating input score 71
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 30%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 4.03; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 70.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2010 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.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.