Los Angeles County Air Show
Nonprofit profile at a glance
- EIN
- 464686626
- IRS 990-EZ coverage
- 2018–2018
- Forms available
- Form 990 2017, Form 990-EZ 2018
- Location
- Lancaster, CA, USA
- Phone
- 6616196467
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $52,477
- Expenses
- $51,469
- Assets
- $30,706
- Liabilities
- $36,515
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHAEL BELZIL (President)
People named in this filing
- MICHAEL BELZIL (President)
- BEN MARCHIONNA (1ST VICE-PRES)
- ERIK LARSON (2ND VP)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Annual promotion/production of an air show for the county of los angeles, featuring active/passive displays of aeronautical engineering, aerobatic performances and aircraft. Encourage/support academic success in the fields of mathematics, science, engineering and technology to advance aeronautical achievement and to honor the history of military and civilian aviation and space exploration.
What it reported doing in 2018
The benefits from the Los Angeles County Air Show (LACAS) are comprehensive and extensive. Area college students benefit from LACAS through the award of scholarships to those majoring in STEM-related studies. Volunteer groups who participate in staffing concession activities earn funding for their respective organizations. Volunteer groups earn a guaranteed minimum, with the potential for supplemental funding, based upon the aggregate volume of concession sales during the air show. Regional students also benefit: in coordination with regional middle schools and high schools, LACAS conducts an education outreach to promote the importance of pursuing STEM careers. Targeted outreach generates enthusiasm, among impressionable students, of the critical national requirement for STEM professionals. The community benefits through the perpetuation of passionate advocacy for the regions aviation heritage; the infectious enthusiasm of common effort to deliver a nationally acclaimed regional event; and the honor and appreciation shown to servicemen and women assigned at California military installations. The regional economy and businesses benefit from the economic impact commensurate with the planning, resourcing and execution of a national-level air show attended by more than 100,000 people. The resultant impact on the regional economy is a noticeable spike in regional economic activity at hotels, restaurants, and service providers during the weeks prior to and during the air show.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 74
- Sustainability: 41
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 77.2%; rating input score 77
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 1.19; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -27% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -52.2% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 77.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $40K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.