Overview
What is Eaa Aviation Foundation Inc?
Eaa Aviation Foundation Inc, based in Oshkosh, Wisconsin, is a nonprofit organization with a primary purpose of supporting the Experimental Aircraft Association, Inc. (EAA) in its general operations and various programs. These initiatives encompass scholarships, internships, youth education programs, flight safety programs, support for Women in Aviation, and aviation museum collections. In addition, the Foundation makes small donations to aviation entities with missions aligned with EAA's. The organization holds funds, invests the earnings, and utilizes the principal or earnings for EAA's benefit, while also managing certain assets such as buildings and the aviation museum collection. Eaa Aviation Foundation Inc also leases its facilities to EAA under a contract. With a workforce of five individuals, the Foundation plays a significant role in advancing EAA's educational mission.
Official website here: www.eaa.org/eaa/support-eaa
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**
The Eaa Aviation Foundation Inc has achieved an impressive overall rating of 97% on Charity Navigator, indicating a high level of accountability and financial integrity. This score is solely derived from their Accountability & Finance metrics, where they received perfect scores in key areas such as board independence, auditing practices, and financial policies, reflecting a well-managed and transparent organization.
The foundation has demonstrated strong performance in its financial stewardship, with significant allocations towards program expenses, which comprise over 81% of its total expenses. Additionally, the organization maintains a low liability to assets ratio and a robust working capital ratio, suggesting sound fiscal health and the ability to sustain its operations long-term.
Unfortunately, user reviews from GreatNonprofits are not available, preventing further insights into public sentiment or firsthand experiences with the organization. However, the high rating on Charity Navigator speaks to the foundation's effectiveness and its strong commitment to financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Eaa Aviation Foundation Inc legitimate?
Eaa Aviation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eaa Aviation Foundation Inc 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: $271,000
Professional Fundraising Fees: $48,000
Other Salaries and Wages: $330,718
For more financial information, click here
Official website here: www.eaa.org/eaa/support-eaa
What is the mission statement of Eaa Aviation Foundation Inc?
The Eaa Aviation Foundation Inc's mission is primarily focused on supporting and advancing the educational mission of Eaa, Inc. They accomplish this by soliciting contributions and investing the earnings for the benefit of Eaa. The organization also holds title to certain assets, including buildings and an aviation museum collection, and leases these facilities to Eaa under a contract. The Eaa Aviation Foundation's activities ultimately aim to support the mission of Eaa, Inc. in its entirety.
Official website here: www.eaa.org/eaa/support-eaa
Who is the CEO of Eaa Aviation Foundation Inc?
Kelly Ruh is the President of Eaa Aviation Foundation Inc.
Official website here: www.eaa.org/eaa/support-eaa
What is the revenue of Eaa Aviation Foundation Inc?
Eaa Aviation Foundation Inc's revenue in 2023 was $9,812,551.
Official website here: www.eaa.org/eaa/support-eaa
Who are the executives of Eaa Aviation Foundation Inc and what are their salaries?
The average compensation at Eaa Aviation Foundation Inc during 2023 was $120,344. There are 5 employees and 6 volunteers at Eaa Aviation Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $216,685
- Related: $402,414
- Other: $51,027
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $83,772
- Related: $251,316
- Other: $55,499
- Compensation: $5,309
- Related: $260,176
- Other: $26,841
- Compensation: $12,058
- Related: $229,110
- Other: $33,827
- Compensation: $102,761
- Related: $0
- Other: $34,919
Official website here: www.eaa.org/eaa/support-eaa
Where can I find the form 990 for Eaa Aviation Foundation Inc?
Eaa Aviation Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eaa.org/eaa/support-eaa
Learn more at the official website: www.eaa.org/eaa/support-eaa
Mission Statement of Eaa Aviation Foundation Inc
Eaa Aviation Foundation Inc is established with the primary mission of supporting and advancing the educational mission of Eaa, Inc. This is achieved by soliciting contributions, investing the funds, and utilizing the earnings to contribute to Eaa, Inc's mission. The organization serves as a financial support system for Eaa, Inc, investing its funds and earnings for its benefit. Additionally, Eaa Aviation Foundation Inc holds title to certain assets, including its headquarters, other buildings, and the aviation museum collection. The organization is compensated through a lease contract with Eaa, Inc for the use of these facilities and assets. In essence, Eaa Aviation Foundation Inc plays a crucial role in strengthening and enhancing the educational mission of Eaa, Inc.
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Impact
July, 2024
The EAA Aviation Foundation Inc's impact is significant in supporting and advancing the educational mission of the Experimental Aircraft Association (EAA). Through solicitation of contributions and investments, the foundation provides grants to EAA for various programs such as scholarships, internships, the Young Eagles Program, youth education initiatives, flight safety programs, support for women in aviation, and the maintenance of aviation museum collections. Additionally, the foundation makes small donations to aviation entities that align with the mission and purposes of EAA. Overall, the foundation plays a crucial role in fostering interest and education in aviation, contributing to the growth and development of the aviation community.
This information is meant to be a general summary of Eaa Aviation Foundation Inc. 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 2023.
- Investment Income: $929,587
- Gross Receipts: $26,653,474
Assets and Liabilities:
- Total Assets: $64,595,062
- Total Liabilities: $425,807
- Net Assets: $64,169,255
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Organization Details
Founding Year
1962
Phone
(920) 426-4800Principal Officer
Kelly Ruh
Main Address
3000 POBEREZNY ROAD, OSHKOSH, WI, 54902
Website
www.eaa.org/eaa/support-eaaNTEE Category
Code: A540 - Arts
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