Form 990 for tax year 2023
Filed by ARNOLD AIR SOCIETY-SILVER WINGS EXEC MGMT CENTER.
Totals
- Total revenue
- $340,163
- Total expenses
- $361,303
- Contributions and grants received
- $76,480
- Grants paid
- $92,571
- Program service revenue
- $234,176
- Investment income
- $29,507
- Other revenue
- $0
- Total assets, end of year
- $1,153,527
- Total liabilities, end of year
- $6,747
- Net assets or fund balances, end of year
- $1,146,780
- Program services expenses (Part IX)
- $175,679
- Management and general expenses
- $185,624
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $175,679
Program services were 48.6% 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.
-
1d · Related organizations
$72,500
-
1f · All other contributions, gifts and grants
$3,980
-
2a · Program service revenue: MEMBERSHIP DUES
total $175,276 · related or exempt $175,276
-
2b · Program service revenue: SPONSORSHIP INCOME
total $58,900 · related or exempt $58,900
-
3 · Investment income
total $23,770 · related or exempt $23,770
-
7a · Gross sales of assets other than inventory
securities $35,004 · other assets $5,733
-
7b · Less cost or other basis and sales expenses
securities $35,000
-
7c · Gain or loss
securities $4 · other assets $5,733
-
7d · Net gain or loss
total $5,737 · related or exempt $5,737
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $92,571 · program services $92,571
-
7 · Other salaries and wages
total $104,000 · management and general $104,000
-
8 · Pension plan contributions
total $37,208 · management and general $37,208
-
10 · Payroll taxes
total $8,152 · management and general $8,152
-
11c · Fees: accounting
total $6,600 · management and general $6,600
-
13 · Office expenses
total $2,878 · management and general $2,878
-
14 · Information technology
total $9,640 · management and general $9,640
-
17 · Travel
total $18,834 · program services $18,834
-
19 · Conferences, conventions and meetings
total $43,948 · program services $43,948
-
21 · Payments to affiliates
total $20,326 · program services $20,326
-
23 · Insurance
total $1,816 · management and general $1,816
-
24a · Other expenses: HEARTLAND FEES
total $15,043 · management and general $15,043
-
24b · Other expenses: TAXES AND LICENSES
total $287 · management and general $287
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,669 · end of year $30,020
-
2 · Savings and temporary cash investments
beginning of year $96,772 · end of year $96,859
-
4 · Accounts receivable
beginning of year $73
-
9 · Prepaid expenses and deferred charges
beginning of year $1,034
-
11 · Investments: publicly traded securities
beginning of year $917,104 · end of year $1,021,648
-
15 · Other assets
beginning of year $5,000 · end of year $5,000
-
25 · Other liabilities
beginning of year $12,225 · end of year $6,747
-
27 · Net assets without donor restrictions
beginning of year $1,047,427 · end of year $1,146,780
Mission and programs · 2023
Mission
SUPPORT OF AEROSPACE POWER
-
THE ANNUAL PROGRAM INCLUDES NATIONAL AND REGIONAL CONCLAVES THAT EDUCATE STUDENTS ON US DOMESTIC AND FOREIGN POLICY, AND ALSO PROVIDES UNIQUE LEADERSHIP AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES NOT AVAILABLE ELSEWHERE. THE PROGRAM ALSO INCLUDES ACADEMIC, FLIGHT, AND JUMP SCHOLARSHIPS, INTERNSHIPS, FELLOWSHIPS, AND VOLUNTEER SUPPORT TO ENHANCE MENTORING AND PROMOTE PRACTICAL LEADERSHIP EXERCISES THAT HELP MAKE STUDENTS EXCEPTIONAL CIVILIAN CITIZENS AND MILITARY LEADERS.
Expenses $112,897 · Grants $92,571
-
THE PROGRAM SERVICE IS A NATIONAL CONCLAVE CONVENTION. THE CONCLAVE ENABLES MEMBERS THROUGHOUT THE U.S. A CHANCE TO MEET AND OBTAIN INFORMATION REGARDING CAREER OPPORTUNITIES IN THE AIR FORCE.
Expenses $62,782
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Br Gen Ret Dan WoodwardBR GEN RET DAN WOODWARD
EXECUTIVE DI
- Total calculated
- $69,000
- From this org
- $69,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ms Nikki CamhoutMS NIKKI CAMHOUT
TRUSTEE
- Total calculated
- $0
-
Col Ret G L CopseyCOL RET G L COPSEY
TRUSTEE
- Total calculated
- $0
-
Col Mike FinckeCOL MIKE FINCKE
TRUSTEE
- Total calculated
- $0
-
Maj Gen Ret Alfred FlowersMAJ GEN RET ALFRED FLOWERS
FINANCIAL TR
- Total calculated
- $0
-
Col Ret Steve HissCOL RET STEVE HISS
TRUSTEE
- Total calculated
- $0
-
Maj Gen Ret Steve LepperMAJ GEN RET STEVE LEPPER
TRUSTEE
- Total calculated
- $0
-
Molly Mae PotterMOLLY MAE POTTER
TRUSTEE
- Total calculated
- $0
-
Gen Ret John RaymondGEN RET JOHN RAYMOND
CHAIRMAN EME
- Total calculated
- $0
-
Ms Charlynda ScalesMS CHARLYNDA SCALES
TRUSTEE
- Total calculated
- $0
-
Megan StefanovicMEGAN STEFANOVIC
TRUSTEE
- Total calculated
- $0
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
- 2023
- Filed
- 18 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431139349301523
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