STEM Aviation Academy
Nonprofit profile at a glance
- EIN
- 923925311
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Carlsbad, CA, USA
- Phone
- 7607077105
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $194,559
- Expenses
- $104,970
- Assets
- $166,270
- Liabilities
- $33,631
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Kay Sundaram (Executive Dir.)
- George Patrick Brown (Secretary)
- Reginald D Boudinot (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific purpose of this corporation is to support high school students with aviation education and flight experiences in order to create positive experiences in general aviation, and inspire America's youth to pursue careers in flight operations.
What it reported doing in 2024
The academy provided airport tours, familiarization flights, and safety training. 1)Airport ToursOur field trip program is geared towards elementary school, middle school, and high school students and take place at McClellan-Palomar Airport in Carlsbad, CA (KCRQ).The students have an in-depth guided tour of KCRQ.The tour covers various areas of the airport, such as Fixed Based Operators (FBO), hangars containing various types of aircraft, flight schools, flying clubs, and maintenance facilities.Students have the opportunity to learn about the different roles and functions within the aviation industry, and meet professionals such as pilots, mechanics, air traffic controllers, and airport management personnel.Students also engage in flight simulator sessions which last approximately 15 minutes per person.2)Familiarization FlightsFor juniors and seniors committed to a career in aviation, STEM Aviation Academy provides familiarization flights in an RV-9A aircraft or Cirrus SR20 aircraft. These flights are approximately 20 minutes per person.3)Safety TrainingSTEM Aviation Academy provides safety training curriculum for general aviation pilots and qualified high school students who intend on pursuing a career in aviation. This curriculum also includes the use of full-motion flight simulators and general aviation training aircraft. This program is based on the premise that pilots who maintain currency and proficiency in the basics of flight will enjoy a safer and more stress-free flying experience.
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
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: 15
- Transparency & Controls: 100
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.1%; rating input score 11
- Program expense ratio: 20.7%; rating input score 21
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 46%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -80.6% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 63.5% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 117.8% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 11.1% of revenue deployed · 20.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 5 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 11/100.
- High — Financial Efficiency: Program expense ratio scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.