Professional Aviation Board of Certification Inc

Address
PO Box 58250
Houston, TX 77258
Contact
Phone: +1 (281) 326-3938
Nonprofit
NTEE: U30 - Physical Sciences, Earth Sciences Research and Promotion
EIN: 85-0485337

Mission

Certification testing of licensed pilots' airmanship knowledge to assure
 20162015
Basic features of the organization
Year of formation2003
Metropolitan statistical area3362
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$258,152.00
Sum of reportable (W2/1099) compensation $258,152.00
Number of employees01
Number of people compensated >$100k 1
Number of volunteers00
Personnel
Wolfe, Peter
TitleExecutive DirectorExecutive Director
Name of key/compensated personPETER WOLFEPETER WOLFE
Position of compensated person
Current officerTrueTrue
Average hours per week working for org50.0050.00
Reportable compensation from org$0.00$258,152.00
Breakdown of reportable comp
Base reportable compensation from org $258,152.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Sum of all compensation from org $258,152.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesCertification testing of licensed pilots' airmanship knowledge to assure their preparedness to enter airline or business operators' courses that qualify pilots for professional pilot service.Certification testing of licensed pilots' airmanship knowledge to assure their preparedness to enter airline or business operators' courses that qualify pilots for professional pilot service.
Program service expenses, total$58,007.00$324,282.00
Programs, including revenue & expenses
CONTRACT TO EVALUATE TESTING CONCEPT AND DEVELOP MATERIALS AND METRICS FOR SAME.
Program expenses$58,007.00$324,282.00
Program revenue $278,846.00
Program descriptionCONTRACT TO EVALUATE TESTING CONCEPT AND DEVELOP MATERIALS AND METRICS FOR SAME.CONTRACT TO EVALUATE TESTING CONCEPT AND DEVELOP MATERIALS AND METRICS FOR SAME.
Financial data
Revenue
Total revenue$0.00$521,921.00
Revenue from contributions (total)$0.00$243,075.00
Investment income, current yr$0.00$0.00
Total revenue from grants, etc., current yr$0.00$243,075.00
Total unrelated business revenue$0.00$0.00
Other revenue, current yr$0.00$0.00
Program service revenue (total)$0.00$278,846.00
Gross receipts$0.00$521,921.00
Sources of contributions
Revenue from all other contributions $243,075.00
Other types of revenue
Net rental income$0.00 
Expense categories (totals)
Total functional expenses: sum of all$59,712.00$354,069.00
Total functional expenses: program service $58,007.00$324,282.00
Total functional expenses: management and general$1,705.00$29,787.00
Total functional expenses: fundraising$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00
Assets and liabilities
Total assets$128,138.00$187,256.00
Total assets, beginning of year$187,256.00$3,186.00
Total liabilities$225,292.00$224,698.00
Total liabilities, beginning of year$224,698.00$208,479.00
Net assets-$97,154.00-$37,442.00
Net assets, beginning of year-$37,442.00-$205,293.00
Cash: non-interest bearing$128,138.00$187,256.00
Cash: non-interest bearing, beginning of year$187,256.00$3,186.00
Loans and other payables to key persons$219,479.00$219,479.00
Other financial variables
Revenue less expenses-$59,712.00$167,852.00
Advertising (total)$5,225.00$2,015.00
Accounts payable & accrued expenses$5,813.00$5,219.00
Total net assets or fund balances-$97,154.00-$37,442.00
Governance and accountability
Number of voting members88
Number of independent voting members88
Cash accountingTrueTrue
Tax year start date2015-07-012014-07-01
Tax year end date2016-06-012015-06-01
Indicators for schedules (selected)
Outstanding loan to key person or disqualified personTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990
Reason for form submission
First filing True
Date e-filing submitted2017-03-272016-03-23
IRS schema version2015v2.12014v6.0
Filing identifier201613169349304581201620209349300907
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