2025-11-10T07:36:18-06:00 2024-12-31 843541096 ADAMSBROWN LLC 358 N MAIN SUITE 100 WICHITA KS 672021509 990 2024-01-01 232117806 AMERICAN BONANZA SOCIETY AIR SAFETY FOUNDATION INC AMER 3169451702 3595 N WEBB RD 200 WICHITA KS 67226 THOMAS TURNER EXECUTIVE DIRECTOR 3169451702 2025-11-04 1 1 AUBREY SCHNEIDER P02171577 3162626578 2025-11-04 2024 2025-03-06 01:10:19Z THOMAS TURNER 3595 N WEBB RD 200 WICHITA KS 67226 541378 0 X N/A X 1967 KS PROMOTION OF AVIATION SAFETY AND FLYING ENJOYMENT THROUGHOUT THE WORLD 9 9 0 9 0 0 193301 238737 228738 154305 110277 140494 4062 3092 536378 536628 0 0 0 0 0 0 0 0 0 609171 532159 609171 532159 -72793 4469 3888095 4027301 112789 101028 3775306 3926273 THE ORGANIZATION PROMOTES AVIATION SAFETY AND FLYING ENJOYMENT THROUGH EDUCATION AND INFORMATION SHARING AMONG OWNERS AND OPERATORS OF BONANZAS, BARONS, DEBONAIRS, AND TRAVEL AIRS THROUGHOUT THE WORLD. 0 0 271589 93976 SERVICE CLINICS: INSTRUCTION ON PROPER TECHNIQUES FOR MAINTENANCE OF AIRCRAFT; EDUCATION PROGRAMS ON AIRCRAFT SAFETY AND EQUIPMENT 193590 60329 PILOT PROFICIENCY TRAINING: TO INSTRUCT PILOTS ON AIRCRAFT SAFETY AND TO RECERTIFY PILOTS AND FLIGHT INSTRUCTORS 465179 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X THOMAS TURNER 3169451700 3595 N WEBB RD SUITE 200 WICHITA KS 67226 CK LEE PAST PRESIDENT 1.00 X X 0 0 0 SUSAN DELGADO PRESIDENT 1.00 X X 0 0 0 RICHARD SCHMIDT TREASURER 1.00 X X 0 0 0 STEPHEN HAMMERS VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL MADIGAN DIRECTOR 1.00 X 0 0 0 BILL CANNON AT-LARGE EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 JOHN WILLIAMS JR DIRECTOR 1.00 X 0 0 0 CHESTER JURSKIS DIRECTOR 1.00 X 0 0 0 BILL VAN LENT SECRETARY 1.00 X X 0 0 0 THOMAS TURNER EXECUTIVE DIRECTOR 35.00 5.00 X 0 158602 26982 0 158602 26982 0 0 1 0 0 238737 238737 SERVICE CLINICS 488190 93976 93976 PILOT PROFICIENCY PROG 488190 47839 47839 12490 12490 154305 138874 138874 1653 33 1620 1620 1620 7809 4717 3092 3092 536628 154305 0 143586 35407 35407 8557 8557 725 725 15639 15454 185 20416 18473 1943 24430 24430 8597 8597 572 572 31391 31391 13338 16218 -2880 PILOT PROFICIENCY PROGR 105997 105997 ADMINISTRATIVE SUPPORT 104250 104250 AIRPLANE EXPENSES 53215 10643 42572 SERVICE CLINIC COSTS 50571 50571 59054 52345 6709 532159 465179 66980 0 125896 168023 384505 402290 61787 10259 4717 2516 59567 34194 532204 423615 110348 108589 3141275 3301430 3888095 4027301 12189 51628 100600 49400 112789 101028 X 2395862 2478211 1379444 1448062 3775306 3926273 3888095 4027301 4469 146497 0 X 0 1 X 1 0 X 179623 297019 195277 193301 238737 1103957 137460 217690 204827 228738 154305 943020 317083 514709 400104 422039 393042 2046977 0 0 0 2046977 69910 102646 70804 132116 138874 514350 69910 102646 70804 132116 138874 514350 6514 7809 14323 386993 617355 470908 560669 539725 2575650 0.79470 0.80880 0.19970 0.18850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2682146 229123 89705 6962 2814602 2614871 168048 100773 2682146 1578351 -187028 46510 1344813 1495834 127696 45179 1578351 1576787 125578 206531 1495834 0.48000 0.30000 0.22000 0 0 353448 284198 69250 178756 139417 39339 108589 X 674568 146497 146497 528071 8557 8557 536628 523602 0 523602 8557 8557 532159 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). ENDOWMENT FUNDS ARE APPROPRIATED TO PROVIDE A PREDICTABLE STREAM OF SUPPORT FOR THE PROGRAM SERVICES OF THE ORGANIZATION. PART X, LINE 2: AMERICAN BONANZA SOCIETY AIR SAFETY FOUNDATION, INC. (ASF) IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC), AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). HOWEVER, ASF IS SUBJECT TO TAXATION ON INCOME NOT DIRECTLY RELATED TO ASF'S TAX-EXEMPT PURPOSE. AMERICAN BONANZA SOCIETY (ABS) IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION. HOWEVER, DUE TO THE NATURE OF ITS PRIMARY SOURCES OF REVENUE, ABS IS TAXED AS A FOR-PROFIT CORPORATION FOR FEDERAL AND STATE TAX PURPOSES. A PROVISION FOR INCOME TAX EXPENSE OR BENEFIT HAS BEEN INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS FOR ABS. NO PROVISION FOR INCOME TAXES IS NECESSARY FOR ASF FOR THE YEAR ENDED DECEMBER 31, 2024. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WAS NO EFFECT ON THE FINANCIAL STATEMENTS AS A RESULT OF ADOPTING THIS INTERPRETATION AS THE ORGANIZATION BELIEVES IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS REFLECTED IN ITS CONSOLIDATED FINANCIAL STATEMENTS. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION IN THE ORGANIZATION'S MAJOR JURISDICTIONS ARE FOR THE YEARS ENDED DECEMBER 31, 2024, 2023, AND 2022. 0 0 0 0 0 0 0 0 0 THOMAS TURNER EXECUTIVE DIRECTOR 0 158602 0 0 0 0 0 12488 0 14494 0 185584 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR IS COMPENSATED BY A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND CONTROLLER PRIOR TO SUBMITTING THE RETURN TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. AMERICAN BONANZA SOCIETY INC 3595 N WEBB RD WICHITA KS 67226 252052832 MEMBER SERVICES KS C 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 AMERICAN BONANZA SOCIETY INC P 104250 FMV AMERICAN BONANZA SOCIETY INC N 13500 FMV AMERICAN BONANZA SOCIETY INC C 100 CASH