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Nonprofit · EIN 47-5187552

TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78258

Financials

$44K$3652023
Revenue Expenses · by fiscal year end
Financials of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$44,400$365$44,035$420,863$0$420,863
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$40,197
Program service revenue
$4,200
Investment income
$3
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Occupancy
$361
Printing, publications and postage
$4
Program services (functional)
$7,361

Balance sheet and other

Total assets, start of year
$376,828
Total assets, end of year
$420,863
Total liabilities, end of year
$0
Net assets, end of year
$420,863
Cash, savings and investments
$55,863
Land and buildings
$365,000
Gross receipts
$44,400

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
James RomanoExecutive Director5$0
Gilmary HostageDirector1$0
Thomas NauDirector1$0
Robert BruceDirector1$0
Kimberley SlawinskiDirector1$0

Address and contacts

Address (IRS master file)
2203 BEARS NOTCH, SAN ANTONIO, TX 78258-7229
In care of
% JAMES J ROMANO
Mailing address (990-N for 2025)
2203 Bears Notch, San Antonio TX 78258
Principal officer (990-N for 2025)
James Romano, 2203 Bears Notch, San Antonio TX 78258
Signed the 990-EZ
James Romano, Executive Director
Phone
(210) 601-4360

Mission

Provide flight scholarships to deserving youth by funding flight costs, including instructors in attainment of a flight rating or flight awareness. Youth participate through work scholarships where the scholarship recipient has to perform functions on the airfield. Hours performed are credited towards flight costs. The Foundation also supports deserving youth personnel in attainment of advanced ratings such as Flight Instructor. In return the instructor provides flight instruction to deserving youth.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Provided flight service scholarships to youth both initial and advanced flight training External construction of a hangar to be used to support increase in organizational revenue through rental of space. Revenue being used for a combination of hangar completion and direct scholarships provided. One full scholarship and two partial scholarships provided in 2023. All proceeds in excess of costs are to be used for flight scholarships.
    Expenses $7,361 · grants $36,200

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

IRS record

EIN
47-5187552
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: James Romano
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: James J Romano
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$44,400$365$420,863XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: James Romano
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: James Romano
December 31, 2019≤ $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 47-5187552).

Questions about TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION

What is the EIN of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION?
The employer identification number (EIN) of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION is 47-5187552.
Is TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION 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 TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION?
The 990-N for 2025 names James Romano.
Who are the officers and directors of TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does TEXAS YOUTH FLIGHT EXPERIENCE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $44,400, expenses of $365 and total assets of $420,863 at year end.

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