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Colorado Aerolab Inc

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

EIN: 822188205 ✦ Grand lake, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Aerolab Inc?

Colorado Aerolab Inc is a nonprofit organization situated in Grand Lake, Colorado. With a focus on serving rural school districts, such as West Grand and East Grand, it operates educational programs under the ESSER III ELO grant. These programs offer academic and enrichment activities to students during after-school hours and summer camps. Emphasis is placed on projects that encourage design thinking, problem-based learning, and team building. For the 2022-23 school year, 243 students enrolled, and approximately 218 of them participated in at least 30 program days. The organization's mission is to inspire purpose in children through innovative educational programs, collaborating with families and schools to benefit local communities. Colorado Aerolab Inc employs 46 individuals to achieve its goals.


Official website here: www.coloradoaerolab.org

Is Colorado Aerolab Inc legitimate?

Colorado Aerolab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Aerolab 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: $100,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,968

For more financial information, click here


Official website here: www.coloradoaerolab.org

What is the mission statement of Colorado Aerolab Inc?

Colorado Aerolab Inc's mission is centered around reaching children who seek purpose, achieving this through innovative educational programs. The organization collaborates with families and schools to benefit their local communities. They operate programs, such as those funded by ESSER III, in rural school districts, providing academic and enrichment services during after-school hours and summer camps. The focus is on learning opportunities involving design thinking, problem-based learning, and team building. During the 2022-23 school year, 243 students initially enrolled, with approximately 218 participating in 30 or more program days.


Official website here: www.coloradoaerolab.org

Who is the CEO of Colorado Aerolab Inc?

Elaine Menardi is the Executive Di of Colorado Aerolab Inc.


Official website here: www.coloradoaerolab.org

What is the revenue of Colorado Aerolab Inc?

Colorado Aerolab Inc's revenue in 2023 was $228,501.


Official website here: www.coloradoaerolab.org

Who are the executives of Colorado Aerolab Inc and what are their salaries?

The average compensation at Colorado Aerolab Inc during 2023 was $4,295. There are 46 employees at Colorado Aerolab Inc.


Here are 7 key members and their salaries:


Elaine Menardi (Executive Di)
  • Compensation: $89,009
  • Related: $0
  • Other: $17,683
Jess Buller (Director)
  • Compensation: $58,665
  • Related: $0
  • Other: $0
Bill Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Mcdermott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Skinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coloradoaerolab.org

Where can I find the form 990 for Colorado Aerolab Inc?

Colorado Aerolab Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.coloradoaerolab.org

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

Mission Statement of Colorado Aerolab Inc

Colorado Aerolab Inc, a nonprofit organization, is committed to reaching children who are in search of purpose. They achieve this goal through innovative educational programs, collaborating with families and schools to benefit local communities. The organization's mission is to provide academic and enrichment services, offering learning opportunities that encourage project-based learning, design thinking, and team building. These programs are particularly beneficial for students in rural school districts, such as West Grand and East Grand. Colorado Aerolab Inc's initiatives, including after-school programs and summer camps, attracted 243 students for the 2022-23 school year, with approximately 218 students actively participating in 30 or more program days. The organization's dedication to educational growth and community development is evident in its efforts to inspire purpose and engagement in the lives of young learners.

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Impact




October, 2024

Colorado Aerolab Inc significantly impacts local communities by providing innovative educational programs designed to inspire students and foster a sense of purpose. By collaborating with families and schools, the organization addresses the academic and enrichment needs of students in rural districts such as West Grand and East Grand.

Through after-school services and summer camps, Colorado Aerolab facilitates learning experiences that emphasize design thinking, problem-based learning, and teamwork. In the 2022-23 school year, the organization enrolled 243 students, with approximately 218 participating in 30 or more program days. This level of engagement highlights its effectiveness in reaching and serving the educational needs of local youth.

By creating hands-on, project-based learning opportunities, Colorado Aerolab not only enhances academic skills but also promotes critical thinking and collaboration among students. The organization plays a pivotal role in shaping the futures of children in the Grand Lake area, ensuring they have access to resources and experiences that ignite their passion for learning and personal development.




This information is meant to be a general summary of Colorado Aerolab 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
$228,501 (2023)
Expenses
$243,500 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $124
  • Gross Receipts: $228,501

Assets and Liabilities:

  • Total Assets: $47,272
  • Total Liabilities: $6,739
  • Net Assets: $40,533

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Organization Details

Founding Year

2017

Principal Officer

Elaine Menardi

Main Address

PO BOX 220, GRAND LAKE, CO, 80447

NTEE Category

Code: B20 - Education

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