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Nonprofit · EIN 23-7098705

AIR SAILING INCORPORATED

Tax-exempt · CUPERTINO, CA 95014

Financials

$146K$163K2023$111K$123K2024$167K$156K2025
Revenue Expenses · by fiscal year end
Financials of AIR SAILING INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$167,063$156,362$10,701$612,574$20,000$592,574
December 31, 2024990$111,458$122,558-$11,100$501,643$20,000$481,643
December 31, 2023990$146,127$163,107-$16,980$447,100$0$447,100
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$137,416
Membership dues
$4,543
Program service revenue
$20,205
Investment income
$730
Net rental income
$8,712
Net gain from sales of assets
$710
Other revenue
$8,712

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$16,396
Salaries, compensation and benefits (total)
$20,128
Professional fundraising fees
$0
Depreciation
$44,702
Program services (functional)
$114,399
Management and general (functional)
$41,963

Balance sheet and other

Total assets, start of year
$501,643
Total assets, end of year
$612,574
Total liabilities, end of year
$20,000
Net assets, end of year
$592,574
Land, buildings and equipment
$494,507
Publicly traded securities
$85,599
Net assets without donor restrictions
$592,574
Gross receipts
$167,063
Employees
1
State of legal domicile
NV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TERRY DUNCANPRESIDENT
Officer
2$16,396
GENE BENSONTRUSTEE
Trustee or director
1$0
BERNALD SMITHTRUSTEE
Trustee or director
1$0
DAVID VOLKMANNVICE PRESIDENT
Trustee or director
1$0
MARY ANNE READTRUSTEE
Trustee or director
1$0
BRIAN ROACHTRUSTEE
Trustee or director
1$0
ROBERT STONETRUSTEE
Trustee or director
1$0
TIMOTHY TOBINTRUSTEE
Trustee or director
1$0
PETER CASTITRUSTEE
Officer
1$0
TYLER WHITETREASURER
Officer
1$0
LAWRENCE SUTERSECRETARY
Officer
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
TERRY DUNCANPRESIDENT
Officer
2$0
PETER CASTITRUSTEE
Officer
1$0
TYLER WHITETREASURER
Officer
1$0
GENE BENSONTRUSTEE
Trustee or director
1$0
BERNALD SMITHTRUSTEE
Trustee or director
1$0
DAVID VOLKMANNVICE PRESIDENT
Trustee or director
1$0
MARY ANNE READTRUSTEE
Trustee or director
1$0
BRIAN ROACHTRUSTEE
Trustee or director
1$0
ROBERT STONETRUSTEE
Trustee or director
1$0
LAWRENCE SUTERSECRETARY
Officer
1$0
TIMOTHY TOBINTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
TERRY DUNCANPRESIDENT
Officer
2$0
PETER CASTITRUSTEE
Officer
1$0
TYLER WHITETREASURER
Officer
1$0
GENE BENSONTRUSTEE
Trustee or director
1$0
BERNALD SMITHTRUSTEE
Trustee or director
1$0
DAVID VOLKMANNVICE PRESIDENT
Trustee or director
1$0
MARY ANNE READTRUSTEE
Trustee or director
1$0
BRIAN ROACHTRUSTEE
Trustee or director
1$0
ROBERT STONETRUSTEE
Trustee or director
1$0
LAWRENCE SUTERSECRETARY
Officer
1$0
TIMOTHY TOBINTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
10540 MIRA VISTA AVE, CUPERTINO, CA 95014-2794
In care of
% TERRY DUNCAN
Principal officer (990 for 2025)
Terry Duncan, 10540 MIRA VISTA RD, Cupertino, CA 95014
Signed the 990
Terry Duncan, President
Phone
(408) 446-0847
Return prepared by
Block Advisors

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7098705 or by the name AIR SAILING INCORPORATED.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To provide members and general public facilities and education related to motorless aircraft

990 for the year ended December 31, 2025

Program accomplishments

  • To provide members and the general public facilities and education related to motorless aircraft
    revenue $18,270

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7098705
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$612,574
Income (IRS master file)
$167,063

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$167,063$156,362$612,574XML
990December 2024$111,458$122,558$501,643XML
990December 2023$146,127$163,107$447,100XML
990December 2022$122,830$134,203$436,418IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7098705).

Questions about AIR SAILING INCORPORATED

What is the EIN of AIR SAILING INCORPORATED?
The employer identification number (EIN) of AIR SAILING INCORPORATED is 23-7098705.
Is AIR SAILING INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to AIR SAILING INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AIR SAILING INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AIR SAILING INCORPORATED due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AIR SAILING INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AIR SAILING INCORPORATED?
The 990 for the year ended December 31, 2025 names Terry Duncan.
Who are the officers and directors of AIR SAILING INCORPORATED?
The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $16,396 (TERRY DUNCAN, PRESIDENT).
How much revenue does AIR SAILING INCORPORATED have?
On its 990 for the year ended December 31, 2025 it reported revenue of $167,063, expenses of $156,362 and total assets of $612,574 at year end.

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