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Nonprofit · EIN 47-3737574

INSPIRE AVIATION

Tax-exempt · WADSWORTH, OH 44281

Financials

$242K$239K2023$272K$280K2024
Revenue Expenses · by fiscal year end
Financials of INSPIRE AVIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$271,515$280,374-$8,859$88,229$0$88,229
December 31, 2023990$241,886$239,464$2,422$97,088$0$97,088
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,895
Program service revenue
$259,960
Investment income
$660
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$266,302
Management and general (functional)
$14,072

Balance sheet and other

Total assets, start of year
$97,088
Total assets, end of year
$88,229
Total liabilities, end of year
$0
Net assets, end of year
$88,229
Net assets without donor restrictions
$88,229
Gross receipts
$271,515
Employees
0
Volunteers
10
Year formed
2015
State of legal domicile
OH

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATT BARANYKTREASURER
Officer
2$0
MIKE BOWSERPRESIDENT
Officer
1$0
NORAL COPELANDSECRETARY
Officer
–$0
HANS KRACHVICE PRESIDE
Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MATT BARANYKTREASURER
Officer
2$0
MIKE BOWSERPRESIDENT
Officer
1$0
NORAL COPELANDDIRECTOR
Officer
1$0
HANS KRACHDIRECTOR
Officer
1$0
BEN SATYSHURDIRECTOR
Officer
1$0

Address and contacts

Address (IRS master file)
2105 GREENWICH RD, WADSWORTH, OH 44281-9500
Mailing address (990-N for 2016)
61 W Ohio Ave, Rittman OH 44270
Principal officer (990 for 2024)
MATT BARANYK
Principal officer (990-N for 2016)
James Bailey, 61 W OHio Ave, Rittman OH 44270
Signed the 990
MATT BARANYK, TREASURER
Phone
(330) 807-4065
Return prepared by
STRICKLAND NUSKE FRIEND & BERRY INC

Mission

TO PROMOTE AVIATION AND STEM EDUCATION

990 for the year ended December 31, 2024

Program accomplishments

  • HELD PROPS AND PISTONS FESTIVAL AT AKRON-FULTON AIRPORT TO PROMOTE AVIATION AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) EDUCATION
    Expenses $197,256 · revenue $184,056
  • HELD BALLOONS OVER WADSWORTH TO PROMOTE EDUCATION
    Expenses $69,046 · revenue $85,524

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3737574
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$88,229
Income (IRS master file)
$271,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$271,515$280,374$88,229XML
990December 2023$241,886$239,464$97,088XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2016
Officer: James Bailey
December 31, 2016≤ $50,000 receipts––e-Postcard

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 47-3737574).

Questions about INSPIRE AVIATION

What is the EIN of INSPIRE AVIATION?
The employer identification number (EIN) of INSPIRE AVIATION is 47-3737574.
Is INSPIRE AVIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to INSPIRE AVIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSPIRE AVIATION 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 INSPIRE AVIATION 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 INSPIRE AVIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INSPIRE AVIATION?
The 990 for the year ended December 31, 2024 names MATT BARANYK.
Who are the officers and directors of INSPIRE AVIATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does INSPIRE AVIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $271,515, expenses of $280,374 and total assets of $88,229 at year end.

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