Financial Highlights 2020

  • Our financial position remains stable.  
  • AEFCO continues to receive broad support from the community.
    • In 2018 Aviation Supplies & Academics, Inc. (ASA) provided an In-Kind contribution of Prepware (online testing) for 25 students that proved invaluable as AEFCO moved to online remote learning due to COVID-19.
    • Cash donations from individuals, corporations, and trusts increased 107% over 2019.

Due to COVID-19, the Aviation Summer Flight Experience 2020 (summer program), was cancelled.  That resulted in a 53% decrease in the usual expenses, and significant decrease in donated flights and facilities.

While vaccines are being distributed, there may be months on continued precautions.  AEFCO will cancel the 2021 summer program. 

Donations (Cash & In-Kind)

Expenses

Financial Statements

Fiscal Year 2020

Annual Reports

Year in Review 2020

Form 990

Form 990 2020

For previous years financial statements and Form 990, please contact Sandy Martin.