Nonprofit · EIN 26-2603448
AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION
Tax-exempt (reinstated) · LEXINGTON, KY 40504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $5 | $7,450 | -$7,445 | $53,239 | $750 | $52,489 |
| December 31, 2023 | 990-EZ | $10,619 | $8,649 | $1,970 | $59,934 | $0 | $59,934 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5
Expenses
- Grants and similar amounts paid
- $6,366
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $750
- Other expenses
- $334
- Program services (functional)
- $6,366
Balance sheet and other
- Total assets, start of year
- $59,934
- Total assets, end of year
- $53,239
- Total liabilities, end of year
- $750
- Net assets, end of year
- $52,489
- Cash, savings and investments
- $52,998
- Gross receipts
- $5
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE WOLFE STOUT | DIRECTOR | 0.5 | $0 |
| MARY D'ALAURO | DIRECTOR | 0.5 | $0 |
| NANCY GRATZER | DIRECTOR | 0.5 | $0 |
| GREG STERLING | CHAIR AND DIRECTOR | 1 | $0 |
| LUKE UITHOVEN | VICE CHAIR AND DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY D'ALAURO | DIRECTOR | 0.5 | $0 |
| NANCY GRATZER | DIRECTOR | 0.5 | $0 |
| GREG STERLING | DIRECTOR | 0.5 | $0 |
| FRANK KIMMEL | CHAIR AND DIRECTOR | 1 | $0 |
| LUKE UITHOVEN | TREASURER AND DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2365 HARRODSBURG RD STE A325, LEXINGTON, KY 40504-3366
- In care of
- % MANDIE LOROFF
- Signed the 990-EZ
- MARY E GRATZER PMP, EXECUTIVE DIRECTOR
- Phone
- (859) 219-3545
- Return prepared by
- BESTEN & DIERUF PLLC
Mission
TO RAISE FUNDS FOR EDUCATIONAL PROGRAMS, GRANTS AND SCHOLARSHIPS TO AID, ASSIST AND ENCOURAGING STUDENTS OR INDIVIDUALS TO CONTINUE THEIR INTEREST IN PURSUING AVIATION INSURANCE AS A CAREER.
Program accomplishments
- THE AIA EDUCATION FOUNDATION WAS ESTABLISHED IN 2008 ON BEHALF OF THE AVIATION INSURANCE ASSOCIATION TO RAISE FUNDS FOR EDUCATIONAL PROGRAMS, GRANTS AND SCHOLARSHIPS (AWARDED BY THE AIA BOARD OF DIRECTORS), TO AID, ASSIST AND ENCOURAGING STUDENTS OR INDIVIDUALS TO CONTINUE THEIR INTEREST IN PURSUING AVIATION INSURANCE AS A CAREER.THE AIA EDUCATION FOUNDATION PROVIDES UP TO FOUR (4) SCHOLARSHIPS EACH YEAR TO STUDENTS WHO ARE CURRENTLY ENROLLED IN AN ACCREDITED UNDERGRADUATE OR GRADUATE DEGREE PROGRAM AND WHO HAVE COMPLETED OR ARE COMPLETING AN INTERNSHIP PROGRAM WITHIN THE AVIATION INSURANCE INDUSTRY. THE SCHOLARSHIP WAS FORMED IN ORDER TO HELP HIM OR HER ALLEVIATE FINANCIAL STRAIN WHILE EXPANDING THEIR PROFESSIONAL KNOWLEDGE AND EDUCATION.Expenses $6,366 · grants $6,366
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 26-2603448
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $53,239
- Income (IRS master file)
- $5
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- February 22, 2012
- Reinstated
- Effective May 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $5 | $7,450 | $53,239 | IRS |
| 990-EZ | December 2023 | $10,619 | $8,649 | $59,934 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 26-2603448).
Questions about AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION
- What is the EIN of AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION?
- The employer identification number (EIN) of AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION is 26-2603448.
- Is AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
- Are donations to AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $5, expenses of $7,450 and total assets of $53,239 at year end.
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