Overview
What is Spokane Turbine Center?
Spokane Turbine Center Dba Parkwater Foundation is a nonprofit organization located in Spokane, Washington. Its primary mission is to support and assist humanitarian organizations by subsidizing aviation-related education and training for pilots and aviation mechanics from various missionary aviation, humanitarian aid, non-profit, and educational organizations. This support enables these individuals to complete relevant instructional hours, facilitated through the foundation's subsidiary. The foundation's scholarship program, active in 2022, provided aid to five such organizations. The foundation also offers flight training for students, flight currency validation for veteran pilots, maintenance instructions to students and pilots, hangar services, and flight simulator classes. The corporation aims to contribute to humanitarian service organizations in their humanitarian endeavors.
Official website here: www.parkwaterfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Spokane Turbine Center, operating as the Parkwater Foundation, has achieved a 77% rating, reflecting a solid performance in accountability and finance. This score is based entirely on their accountability metrics, showcasing strengths in governance, including having an independent board and policies for conflicts of interest and whistleblowing. The organization has demonstrated good practices in documenting board meeting minutes and maintaining a favorable liabilities to assets ratio.
However, the organization has room for improvement, particularly in its program expense ratio, where it scored 12 out of 25 points. This suggests that while the foundation is well-managed in terms of financial practices and accountability, there may be concerns regarding the efficiency of its program spending relative to its overall budget. Stakeholders might want to consider this aspect when evaluating the foundation's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Spokane Turbine Center legitimate?
Spokane Turbine Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane Turbine Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.parkwaterfoundation.org
What is the mission statement of Spokane Turbine Center?
The Spokane Turbine Center, operating under the name Parkwater Foundation, is committed to supporting humanitarian organizations. It accomplishes this by subsidizing aviation-related education and training for pilots and aviation mechanics from mission aviation, humanitarian aid, non-profit, and educational organizations. The corporation's mission also includes providing flight training for students, validating flight currency for veteran pilots, offering maintenance instructions to students and pilots, and offering hangar services and flight simulator classes. Furthermore, Parkwater Foundation supports humanitarian service organizations in their humanitarian endeavors.
Official website here: www.parkwaterfoundation.org
Who is the CEO of Spokane Turbine Center?
Bob Lohn is the Executive Director & Coo of Spokane Turbine Center. The CEO's salary of Spokane Turbine Center is $0 and their total compensation is $0.
Official website here: www.parkwaterfoundation.org
What is the revenue of Spokane Turbine Center?
Spokane Turbine Center's revenue in 2022 was $1,300,249.
Official website here: www.parkwaterfoundation.org
Who are the executives of Spokane Turbine Center and what are their salaries?
There 5 volunteers at Spokane Turbine Center.
Here are 5 key members and their salaries (Spokane Turbine Center's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $150,619
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parkwaterfoundation.org
Where can I find the form 990 for Spokane Turbine Center?
Spokane Turbine Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkwaterfoundation.org
Learn more at the official website: www.parkwaterfoundation.org
Mission Statement of Spokane Turbine Center
Spokane Turbine Center Dba Parkwater Foundation is an organization dedicated to supporting and aiding humanitarian organizations. Its mission is multifaceted, encompassing several key areas. Primarily, the foundation subsidizes aviation-related education and training for pilots and aviation mechanics from various humanitarian aid, non-profit, and educational organizations. This training empowers these individuals to contribute more effectively to their respective missions.
Beyond education, the foundation also offers flight currency validation for veteran pilots. This service ensures that these experienced aviators can maintain their skills and continue their humanitarian work without any lapses in their certifications. Furthermore, the foundation provides maintenance instructions to students and pilots, ensuring that the aircraft they operate are safe and reliable.
In addition to these aviation-related services, Spokane Turbine Center Dba Parkwater Foundation also offers hanger services and flight simulator classes. These facilities allow pilots to hone their skills in a controlled environment, further enhancing their ability to serve humanitarian causes. Lastly, the foundation supports humanitarian service organizations in their various humanitarian endeavors. Through these initiatives, Spokane Turbine Center Dba Parkwater Foundation plays a vital role in strengthening the capacity of humanitarian organizations and enhancing the effectiveness of their operations.
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Impact
October, 2024
The Spokane Turbine Center significantly impacts the aviation community by facilitating education and training for pilots and aviation mechanics involved in humanitarian work. By subsidizing aviation-related education and training, the Center supports various organizations dedicated to mission aviation and humanitarian aid, enabling professionals to enhance their skills and qualifications.
In the year 2022, its scholarship program played a crucial role in providing 298 instructional hours to personnel from five different organizations, empowering them to operate effectively in their missions. This support not only equips individuals with the expertise to fly and maintain aircraft but also fortifies the operational capabilities of humanitarian organizations they serve.
Additionally, the Center offers vital services such as flight currency validation for veteran pilots, maintenance instruction for students and pilots, and access to flight simulators and hanger services. These initiatives ensure that aviation professionals are adequately prepared and compliant with industry standards, ultimately enhancing the efficiency of humanitarian operations. By strengthening the aviation skills of those dedicated to serving communities in need, the Spokane Turbine Center fosters a lasting positive impact on humanitarian efforts locally and globally.
This information is meant to be a general summary of Spokane Turbine Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $982,332
- Gross Receipts: $3,946,391
Assets and Liabilities:
- Total Assets: $3,997,629
- Total Liabilities: $0
- Net Assets: $3,997,629
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Organization Details
Founding Year
2007
Phone
(509) 536-1969Principal Officer
Bob Lohn
Main Address
5627 E RUTTER AVE, SPOKANE, WA, 992121337
Website
www.parkwaterfoundation.orgNTEE Category
Code: B99 - Education
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