Society of Experimental Test Pilots Foundation
Nonprofit profile at a glance
- EIN
- 320188969
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2019
- Location
- Lancaster, CA, USA
- Phone
- 6619429574
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Safety Education
Reported finances
- Revenue
- $19,232
- Expenses
- $14,446
- Assets
- $474,871
- Liabilities
- $71,989
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- R HOOD (Chairman)
- K LATIMER (Director)
- A MCFARLAND (Director)
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
See schedule o
What it reported doing in 2025
Communication and education in the design and flight test of aerospace vehicles
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.9%; rating input score 25
- Program expense ratio: 33%; rating input score 33
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.9%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 32.87; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8.8% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -39.7% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 24.9% of revenue deployed · 33% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 25/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.