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Nonprofit · EIN 95-2599720

AIR SPACERS

Tax-exempt · SANTA MONICA, CA 90405

Financials

$352K$337K2023$347K$241K2024
Revenue Expenses · by fiscal year end
Financials of AIR SPACERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$347,421$240,502$106,919$1,078,462$319,948$758,514
December 31, 2023990$351,812$337,475$14,337$945,293$332,857$612,436
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$347,408
Investment income
$13
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,550
Program services (functional)
$238,952

Balance sheet and other

Total assets, start of year
$945,293
Total assets, end of year
$1,078,462
Total liabilities, end of year
$319,948
Net assets, end of year
$758,514
Net assets without donor restrictions
$758,514
Gross receipts
$347,421
Employees
0
Year formed
1958
State of legal domicile
CA

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 SCHULTZPresident
Officer
3$0
NATE SIAHPUSHVice President
Officer
3$0
ARI LEVINESecretary
Officer
3$0
ALON HACOHENTreasurer
Officer
5$0
KRISTINE MAINESAFETY CHAIRMAN
Officer
3$0
ISHAN SHAHMAINT CHAIRMAN
Officer
5$0
ROSALIND READMEMBER CHAIR
Officer
3$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MATT SCHULTZPresident
Officer
3$0
JOSHUA MIZRAHIVice President
Officer
3$0
ARI LEVINESecretary
Officer
3$0
ALON HACOHENTreasurer
Officer
5$0
KRISTINE MAINESAFETY CHAIRMAN
Officer
3$0
NATE SIAHPUSHMAINT CHAIRMAN
Officer
5$0
ROSALIND READMEMBER CHAIR
Officer
3$0

Address and contacts

Address (IRS master file)
3025 AIRPORT AVE STE 11, SANTA MONICA, CA 90405-6125
Principal officer (990 for 2024)
MATT SCHULTZ, 3025 AIRPORT AVE 11, SANTA MONICA, CA 904056125
Signed the 990
ALON HACOHEN, Treasurer
Phone
(424) 835-1585
Return prepared by
JANNE FECHT CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 95-2599720 or by the name AIR SPACERS.

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

Mission

NOT FOR PROFIT AIRCRAFT FLYING CLUB.

990 for the year ended December 31, 2024

Program accomplishments

  • FLYING CLUB OF EQUAL PRO-RATA SHAREHOLDER MEMBERS OPERATING SINGLE ENGINE AIRCRAFTS AND ENABLING FLIGHT CURRENCY, PROFICIENCY AND TRAINING TO MEMBERS AT REASONABLE COSTS THROUGH MUTUAL OWNERSHIP.
  • PROVIDES BACK-UP AIRCRAFT FOR EMERGENCY GOVERNMENT NEEDS SUCH AS DISASTER RELIEF, TRANSPORTATION OF OFFICIALS, MEDICAL NEEDS, ETC.

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
95-2599720
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,078,462
Income (IRS master file)
$347,421

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$347,421$240,502$1,078,462XML
990December 2023$351,812$337,475$945,293XML
990December 2022$350,185$281,450$932,833IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 95-2599720).

Questions about AIR SPACERS

What is the EIN of AIR SPACERS?
The employer identification number (EIN) of AIR SPACERS is 95-2599720.
Is AIR SPACERS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1970.
Are donations to AIR SPACERS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AIR SPACERS 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 SPACERS 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 AIR SPACERS 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 AIR SPACERS?
The 990 for the year ended December 31, 2024 names MATT SCHULTZ.
Who are the officers and directors of AIR SPACERS?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does AIR SPACERS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $347,421, expenses of $240,502 and total assets of $1,078,462 at year end.

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