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Nonprofiteer
← EAA AVIATION FOUNDATION INC

Form 990 for tax year 2023

Filed by EAA AVIATION FOUNDATION INC.

Totals

Total revenue
$11,751,687
Total expenses
$7,850,328
Contributions and grants received
$9,648,216
Grants paid
$5,941,311
Program service revenue
$0
Investment income
$1,969,589
Other revenue
$133,882
Total assets, end of year
$71,335,501
Total liabilities, end of year
$356,209
Net assets or fund balances, end of year
$70,979,292
Program services expenses (Part IX)
$5,941,311
Management and general expenses
$879,779
Fundraising expenses
$1,029,238
Program service expenses (Part III)
$5,941,311

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JACK PELTON

    PRESIDENT

    Total calculated
    $823,280
    From this org
    $267,271
    From related orgs
    $496,361
    Other
    $59,648
    Hours/week
    17.5 + 32.5 related

    Schedule J breakdown matched by us

    Base
    $189,349 + $351,648 related
    Bonus
    $43,750 + $81,250 related
    Other
    $34,172 + $63,463 related
    Deferred
    $10,774 + $20,009 related
    Nontaxable benefits
    $10,103 + $18,762 related
    Filer's total
    $288,148 + $535,132 related
  • BRIAN WIERZBINSKI

    CFO - THRU 3/23

    Total calculated
    $328,268
    From this org
    $78,460
    From related orgs
    $235,379
    Other
    $14,429
    Hours/week
    12.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $15,801 + $47,403 related
    Bonus
    $0
    Other
    $62,659 + $187,976 related
    Deferred
    $0
    Nontaxable benefits
    $3,608 + $10,821 related
    Filer's total
    $82,068 + $246,200 related
  • RICK LARSEN

    ASSISTANT SECRETARY

    Total calculated
    $307,474
    From this org
    $5,524
    From related orgs
    $270,654
    Other
    $31,296
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $4,624 + $226,563 related
    Bonus
    $900 + $44,091 related
    Other
    $0
    Deferred
    $559 + $27,412 related
    Nontaxable benefits
    $67 + $3,258 related
    Filer's total
    $6,150 + $301,324 related
  • KAREN KRYZANIAK

    VP, RISK MANAGEMENT & HR-THRU 1/24

    Total calculated
    $299,894
    From this org
    $12,523
    From related orgs
    $237,943
    Other
    $49,428
    Hours/week
    2.5 + 47.5 related

    Schedule J breakdown matched by us

    Base
    $10,453 + $198,615 related
    Bonus
    $2,070 + $39,328 related
    Other
    $0
    Deferred
    $1,254 + $23,819 related
    Nontaxable benefits
    $1,218 + $23,137 related
    Filer's total
    $14,995 + $284,899 related
  • MARGARET BRILL

    DIR-THRU 12/23; VP-AS OF 12/23

    Total calculated
    $168,703
    From this org
    $128,112
    From related orgs
    $0
    Other
    $40,591
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,648
    Bonus
    $2,000
    Other
    $1,464
    Deferred
    $9,151
    Nontaxable benefits
    $31,440
    Filer's total
    $168,703
  • KELLY RUH

    DIR FINANCE & HR, CFO - AS OF 12/23

    Total calculated
    $161,610
    From this org
    $39,930
    From related orgs
    $119,792
    Other
    $1,888
    Hours/week
    12.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $39,930 + $119,792 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $472 + $1,416 related
    Filer's total
    $40,402 + $121,208 related
  • ERIC GURLEY

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • LOU SENO

    TRS-THRU 10/23;SEC/TREAS-AS OF 10/23

    Total calculated
    $0
    Hours/week
    10 + 10 related
  • LOUIS ANDREW

    SECRETARY/TREASURER - THRU 10/23

    Total calculated
    $0
    Hours/week
    10
  • NORM DEWITT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10
  • TOM FRASCA

    TRUSTEE - AS OF 5/23

    Total calculated
    $0
    Hours/week
    10
  • JAMES JOHNSON

    TRUSTEE - AS OF 10/23

    Total calculated
    $0
    Hours/week
    10
  • LARRY KEKST

    TRUSTEE - THRU 5/23

    Total calculated
    $0
    Hours/week
    10

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 4a · Severance or change-of-control payment
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
TAX IDENTIFICATION AND GROSS-UP PAYMENTS THE ORGANIZATION PROVIDED JACK PELTON A GROSS-UP PAYMENT RELATED TO TRAVEL. THE AMOUNT RELATED AS TAXABLE COMPENSATION IS INCLUDED ON SCHEDULE J, PART II. SOCIAL CLUB DUES THE ORGANIZATION PROVIDES AN EAA EMPLOYEES FLYING CLUB MEMBERSHIP FOR THE FOLLOWING EMPLOYEES: JACK PELTON, SEAN ELLIOTT & ROBERT HACKMAN. THE AMOUNT TREATED AS TAXABLE COMPENSATION IS INCLUDED ON SCHEDULE J, PART II.
PART I, LINE 1B
SOCIAL CLUB DUES REFER TO THE PART I, LINE 1A NARRATIVE.
PART I, LINE 4A
SEVERANCE PAYMENT AN INDIVIDUAL RECEIVED A SEVERANCE PAYMENT. THE SEVERANCE IS INCLUDED IN COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III).
PART I, LINE 5
COMPENSATION CONTINGENT ON REVENUES OF THE ORGANIZATION ONE OF THE CATEGORIES USED TO DETERMINE INCENTIVE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES IS GROSS OPERATING REVENUE.
PART I, LINE 6
COMPENSATION CONTINGENT ON NET EARNINGS OF THE ORGANIZATION ONE OF THE CATEGORIES USED TO DETERMINE INCENTIVE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES IS NET OPERATING INCOME.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 January 2025
IRS schema version
2023v6.0
Source object
202510159349301691

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