Form 990 for tax year 2024
Filed by AIR TRANSPORT SERVICES GROUP CHARITABLE FOUNDATION.
Totals
- Total revenue
- $263,391
- Total expenses
- $151,546
- Contributions and grants received
- $379,725
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$116,334
- Total assets, end of year
- $510,829
- Total liabilities, end of year
- $7,731
- Net assets or fund balances, end of year
- $503,098
- Program services expenses (Part IX)
- $145,946
- Management and general expenses
- $5,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $145,946
Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$379,725
-
8a · Fundraising events: gross income
$25,012
-
8a · Fundraising events: contributions included on line 1c
$379,725
-
8b · Fundraising events: direct expenses
$141,346
-
8c · Net income from fundraising events
total -$116,334 · excluded -$116,334
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $5,600 · management and general $5,600
-
12 · Advertising and promotion
total $6,604 · program services $6,604
-
13 · Office expenses
total $1,113 · program services $1,113
-
24a · Other expenses: CONTRIBUTIONS
total $138,129 · program services $138,129
-
24b · Other expenses: BANK FEES
total $100 · program services $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $393,555 · end of year $510,829
-
25 · Other liabilities
beginning of year $2,302 · end of year $7,731
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $391,253 · end of year $503,098
Mission and programs · 2024
Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE GRANTS AND GIFTS TO 501 C 3 ORGANIZATIONS IN THE COMMUNITIES THE SOLE MEMBER OPERATES.
-
THE ORGANIZATION'S PRIMARY PROGRAM IS DEDICATED TO PROVIDING GRANTS TO A WIDE RANGE OF ORGANIZATIONS THAT HAVE EXEMPT PURPOSES, INCLUDING HEALTH AND HUMAN SERVICES, EDUCATION, AND THE ARTS, WITHIN THE COMMUNITIES WHERE THE SOLE MEMBER OPERATES. THIS INITIATIVE HIGHLIGHTS THE ORGANIZATION'S COMMITMENT TO FOSTERING COMMUNITY DEVELOPMENT, WELL-BEING, AND CULTURAL ENRICHMENT. IN ITS INITIAL YEAR OF OPERATION, 2023, THE ORGANIZATION FOCUSED ON FUNDRAISING AND DID NOT PROVIDE ANY GRANTS. THE FUNDS RAISED WILL SUPPORT FUTURE GRANT-MAKING ACTIVITIES, ENABLING THE ORGANIZATION TO MAKE A SIGNIFICANT IMPACT IN THE AREAS OF HEALTH, EDUCATION, AND THE ARTS. THE ORGANIZATION WORKED ON BUILDING RELATIONSHIPS WITH POTENTIAL GRANT RECIPIENTS AND COMMUNITY LEADERS TO BETTER UNDERSTAND THE NEEDS OF THE COMMUNITIES IT SERVES. AS THE ORGANIZATION MOVES FORWARD, IT AIMS TO EXPAND ITS REACH, INCREASE THE NUMBER OF GRANTS PROVIDED, AND IMPLEMENT MONITORING AND EVALUATION MECHANISMS TO ENSURE THE EFFECTIVENESS OF ITS PROGRAMS. THIS COMMITMENT TO ACCOUNTABILITY AND TRANSPARENCY UNDERSCORES THE ORGANIZATION'S DEDICATION TO ACHIEVING MEANINGFUL AND LASTING CHANGE. ULTIMATELY, THE ORGANIZATION'S GRANT PROGRAM IS A TESTAMENT TO ITS COMMITMENT TO COMMUNITY DEVELOPMENT AND EMPOWERMENT, PLAYING A PIVOTAL ROLE IN ENHANCING THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES WITHIN THE COMMUNITIES IT SERVES.
Expenses $145,946
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kymberlee ParksKYMBERLEE PARKS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lynn BlakeLYNN BLAKE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Todd FranceTODD FRANCE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349306708
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