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Teen Aircraft Factory Of Manasota

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

EIN: 810854957 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Teen Aircraft Factory Of Manasota?

Teen Aircraft Factory of Manasota is a nonprofit organization that focuses on mentoring at-risk youth. By engaging them in the process of building airplanes, this organization aims to instill a sense of responsibility, develop mechanical skills, and foster pride in its participants. The organization has successfully completed and sold its second aircraft in 2021, and currently, three more aircraft are in various stages of construction.

Is Teen Aircraft Factory Of Manasota legitimate?

Teen Aircraft Factory Of Manasota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teen Aircraft Factory Of Manasota submitted a form 990EZ, 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

What is the mission statement of Teen Aircraft Factory Of Manasota?

The mission of Teen Aircraft Factory of Manasota, as an organization, is geared towards educating at-risk youth through the construction of airplanes. This process aims to instill a sense of responsibility, develop mechanical skills, and foster a feeling of accomplishment within the young participants. The organization has successfully completed and sold its second aircraft in 2021, and currently, there are three more in various stages of construction.

What is the revenue of Teen Aircraft Factory Of Manasota?

Teen Aircraft Factory Of Manasota's revenue in 2023 was $279,422.

Who are the executives of Teen Aircraft Factory Of Manasota and what are their salaries?

There 6 volunteers at Teen Aircraft Factory Of Manasota.

Here are 5 key members and their salaries:


Ronald Handley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Romanoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Smith (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ute Kegel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Faix (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teen Aircraft Factory Of Manasota?

Teen Aircraft Factory Of Manasota's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Teen Aircraft Factory Of Manasota

The Teen Aircraft Factory of Manasota is an organization dedicated to instilling responsibility, mechanical skills, and a sense of pride in at-risk youth. It achieves this goal by engaging these young individuals in the building of airplanes. Over the past few years, the organization has completed two aircraft and sold one of them in 2021. Currently, there are three more aircraft under construction, each at different stages of completion. By immersing these young people in this hands-on project, Teen Aircraft Factory of Manasota aims to provide them with valuable life skills and foster a sense of accomplishment.

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Impact




August, 2024

Teen Aircraft Factory of Manasota's impact is significant in providing at-risk kids with valuable opportunities to learn responsibility, mechanical skills, and pride through the construction of airplanes. This hands-on experience not only teaches practical skills but also helps instill a sense of accomplishment and purpose in the participants. With the completion and sale of their second aircraft in 2021, and three more in progress, the organization is actively contributing to the personal and educational development of these young individuals in Sarasota, FL.




This information is meant to be a general summary of Teen Aircraft Factory Of Manasota. 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
$279,422 (2023)
Expenses
$239,005 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $402
  • Program Service Revenue: $218,976
  • Gross Receipts: $279,422

Assets and Liabilities:

  • Total Assets: $250,667
  • Total Liabilities: $73,540
  • Net Assets: $177,127

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Programs

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

SALE OF AIRCRAFT

Revenue

$218,976

Organization Details

Principal Officer

James Faix

NTEE Category

Code: B30 - Education

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