philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Tbmopa Foundation INC FY2020 filing

Tax-deductible

Acworth, GA501(c)(3)Education EIN 80-0220473Revenue $113K in FY2020

On file with the IRS245 Picketts Trce, 30101-8665 · Acworth, GATax-exempt since Jul 2009Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The corporation is organized and shall operate exclusively for educational, charitable, scientific and/or literary purposes, including without limitation, the education of individuals in aviation skills to promote the adoption of aviation as a career or vocation by future generations of aviators and ground staff as well as supporting the development of training specifically designed to enhance safety in the operation of daher-socata aircraft.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $18K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
68 mo
of spending, in cash
Looks good: 67.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $47K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$113K
Spent
$85K
To programs
93%
Net assets
$479K
By yearFY2020–FY2024
Revenue
$113K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$113K
FY2021$240K
FY2022$245K
FY2023$316K
FY2024$403K
Expenses
$85K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$85K
FY2021$130K
FY2022$357K
FY2023$274K
FY2024$379K
Net assets
$479K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$479K
FY2021$588K
FY2022$476K
FY2023$517K
FY2024$542K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $79K Management & general 7% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Tom McGrath
Chairman
$0Pt VII · Sec A
Steve Walenz
Director
$0Pt VII · Sec A
See Tbmopa Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates people in aviation skills to inspire future aviators and improve aircraft safety.

Questions for Tbmopa Foundation INC

Tap to ask. Tbmopa Foundation INC sees how many people are interested.

Your first name shows with your question. Tbmopa Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $79K · in their own filed words · FY2020
01

The tbmopa foundation underwrote safety seminars designed to improve pilot safety in the operation of single engine turboprop aircraft.

$38Kprogram expense
02

The tbmopa foundation provided a funded contribution to operation airdrop which is a texas based 501(c)(3) nonprofit that organizes general aviation assets in the aftermath of a natural disaster and specializes in post hurricane flooding recovery.

$21Kprogram expense
03

The tbmopa foundation funded aviation specific scholarships for ableflight for their aeronautical and academic training.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Fidelity Investments Charitable Gift FundFY2024$25K
Natl Christian Charitable Fdn INCFY2024$22K
Total grants receivedfrom 2 funders$47K
Grants paid · 11 grants · $296K · 2020–2024
Embry-Riddle Aeronautical University INCFL · FY2024$40,000
Womans University FoundationFY2024$35,000
Able Flight INCNC · FY2024$20,000
Kennedy Space CenterFY2024$10,000
Embry-Riddle Aeronautical University INCFL · FY2023$20,000
Able Flight INCNC · FY2023$20,000
Embry-Riddle Aeronautical University INCFL · FY2022$70,000
Able Flight INCNC · FY2022$20,000
Able Flight INCNC · FY2021$20,000
Individual RecipientFY2020$20,800
Able Flight INCNC · FY2020$20,000

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$113K
Ln 12
Gifts and grantsLn 1h$78K
Other incomeLn 4–11$22K
Fees for servicesLn 2g$9K
Money outPt IX
$85K
Ln 25
Programscol B$79K
Managementcol C$6K
Owns and owesPt X
$479K
net assets · Ln 32
Cash and savingsLn 1–2$479K
Total assetsLn 16$479K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$78K
Noncash giftsLn 1g$15K
Fundraising eventsLn 1c$15K
Fees for servicesLn 2g$9K
Investment incomeLn 3$4K
Other incomeLn 4–11$22K
Total revenueLn 12$113K
Assets in detailPt X, end of year
CashLn 1$187K
SavingsLn 2$292K
Cash and savings togetherLn 1–2$479K
Total assetsLn 16$479K
LiabilitiesLn 26$0
Net assetsLn 32$479K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$451K$479K
Total assetsLn 16$451K$479K
LiabilitiesLn 26$0$0
Net assetsLn 32$451K$479K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$41K$41K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$490$490
Other expenses (24a–d)Ln 24$39K$38K$61
Total functional expensesLn 25$85K$79K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $403K$379K$24K$542K 990 PDF
FY2023 $316K$274K$42K$517K 990 PDF
FY2022 $245K$357K−$113K$476K 990 PDF
FY2021 $240K$130K$109K$588K 990 PDF
FY2020 Viewing $113K$85K$28K$479K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $113,231 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $108,699$77,863
I-9 Program service revenuePrior year $54,458$9,306
I-10 Investment incomePrior year $11,134$4,361
I-11 Other revenuePrior year $79,357$21,701
I-12 Total revenuePrior year $253,648$113,231
I-13 Grants and similar amounts paidPrior year $20,000$40,800
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $143,730$44,425
I-18 Total expensesPrior year $163,730$85,225
I-19 Revenue less expensesPrior year $89,918$28,006
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $113,231 across 8 lines filed
VIII-1c Fundraising events$15,174
VIII-1f All other contributions, gifts and grants$62,689
VIII-1g Noncash contributions (included above)$15,148
VIII-1h Total contributions, gifts and grants$77,863
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $9,306$9,306
VIII-3 Investment incomeExcluded from tax $4,361$4,361
VIII-8 Net income from fundraising eventsExcluded from tax $21,701$21,701
VIII-12 Total revenueExcluded from tax $35,368$113,231
Part IX · Statement of functional expenses $85,225 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $40,800$40,800
IX-11c Accounting feesManagement $5,375$5,375
IX-13 Office expensesManagement $490$490
IX-24 Other expenses (24a–d)Programs $38,499 · Management $61$38,560
IX-25 Total functional expensesPrograms $79,299 · Management $5,926 · Fundraising $0$85,225
Part X · Balance sheet $479,059 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $160,577$187,403
X-2 Savings and temporary cash investmentsStart of year $290,476$291,656
X-16 Total assetsStart of year $451,053$479,059
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $451,053$479,059
X-32 Total net assets or fund balancesStart of year $451,053$479,059
X-33 Total liabilities and net assetsStart of year $451,053$479,059
Part XI · Reconciliation of net assets $479,059 net assets at year end
XI-1 Total revenue$113,231
XI-2 Total expenses$85,225
XI-3 Revenue less expenses$28,006
XI-4 Net assets at start of year$451,053
XI-10 Net assets at end of year$479,059

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.