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Aspen Higher Learning Flight Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470976234 ✦ Aspen, CO ✦ Designated as a 501(c)(3)

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Overview

What is Aspen Higher Learning Flight Academy Inc?

Aspen Higher Learning Flight Academy Inc, located in Aspen, Colorado, is a nonprofit organization that focuses on aeronautic education. Their mission is to empower both youth and adults by instilling the joys and responsibilities of flying. They accomplish this by offering comprehensive classroom and flight training, equipping students with the necessary skills to pilot aircraft. The organization operates with the aim of fostering a passion for aviation and preparing individuals for this field.


Official website here: www.aspenflightacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 63%)

Aspen Higher Learning Flight Academy Inc has received a Two-Star rating from Charity Navigator, indicating that the organization is in need of improvement. With an overall score of 63%, the nonprofit shows strengths in its program expense ratio at 88.24%, which suggests that a significant portion of its expenses goes directly to its programs. Additionally, the organization has achieved a perfect score in having a majority of independent board members, highlighting its governance structure.

However, the organization does face challenges in areas related to accountability and finance, reflected in its score of 62. Notably, the absence of a conflict of interest policy and a whistleblower policy may raise concerns regarding transparency and ethical governance practices. While the nonprofit excels in some governance aspects, addressing these gaps could enhance its credibility and operational integrity.

The culture and community score of 75 indicates a relatively positive environment within the organization. Nevertheless, to improve overall performance and public perception, Aspen Higher Learning Flight Academy Inc must focus on developing and implementing the missing policies, which are essential for building trust and ensuring responsible management of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Aspen Higher Learning Flight Academy Inc legitimate?

Aspen Higher Learning Flight Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Higher Learning Flight Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aspenflightacademy.org

What is the mission statement of Aspen Higher Learning Flight Academy Inc?

Aspen Higher Learning Flight Academy Inc's mission is centered around empowering both youth and adults. It achieves this by offering comprehensive training that equips students with the necessary skills to pilot aircraft. The academy provides both classroom and practical flight instruction, instilling a sense of joy and responsibility in its students. By offering this aeronautic education, the academy aims to equip individuals with the tools needed to navigate the skies safely and confidently. The academy's activities are geared towards providing the necessary equipment and services to facilitate this learning experience.


Official website here: www.aspenflightacademy.org

Who is the CEO of Aspen Higher Learning Flight Academy Inc?

Michael Pearce is the Chairman of Aspen Higher Learning Flight Academy Inc.


Official website here: www.aspenflightacademy.org

What is the revenue of Aspen Higher Learning Flight Academy Inc?

Aspen Higher Learning Flight Academy Inc's revenue in 2022 was $810,888.


Official website here: www.aspenflightacademy.org

Who are the executives of Aspen Higher Learning Flight Academy Inc and what are their salaries?


Here are 11 key members and their salaries:


Micheal Pearce (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Posey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Doremus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Holton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Scherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bruno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Scherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Simi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aspenflightacademy.org

Where can I find the form 990 for Aspen Higher Learning Flight Academy Inc?

Aspen Higher Learning Flight Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aspenflightacademy.org

Learn more at the official website: www.aspenflightacademy.org

Mission Statement of Aspen Higher Learning Flight Academy Inc

Aspen Higher Learning Flight Academy Inc is dedicated to empowering both youth and adults by introducing them to the joys and responsibilities of flying. This nonprofit organization accomplishes this mission by providing its students with the necessary classroom and flight training required to pilot aircraft. By offering these educational services, Aspen Higher Learning Flight Academy Inc enables individuals to gain a deeper understanding of aviation, fostering a sense of responsibility and enjoyment in the process.

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Impact




July, 2024

Aspen Higher Learning Flight Academy Inc empowers youth and adults to learn the joys and responsibilities of flying by providing classroom and flight training needed to pilot aircraft. Through their aeronautic education programs, they equip students with the skills and knowledge necessary to pursue a career in aviation. By offering this specialized training, Aspen Higher Learning Flight Academy Inc contributes to the growth and development of future pilots, ensuring a skilled workforce in the aviation industry. Their impact extends beyond individual students, as each trained pilot adds value to the field of aviation and contributes to the overall safety and efficiency of air travel.




This information is meant to be a general summary of Aspen Higher Learning Flight Academy 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.

Revenue
$810,888 (2022)
Expenses
$909,612 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $240,893
  • Program Service Revenue: $433,182
  • Gross Receipts: $1,079,528

Assets and Liabilities:

  • Total Assets: $1,324,186
  • Total Liabilities: $1,408,736
  • Net Assets: -$84,550

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AIRCRAFT RENTAL

Revenue

$248,970

CERTIFIED FLIGHT INSTR

Revenue

$161,544

SIMULATOR REVENUE

Revenue

$10,668

Organization Details

Founding Year

2014

Principal Officer

Michael Pearce

Main Address

PO BOX 4628, ASPEN, CO, 81612

NTEE Category

Code: B99 - Education

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