2023-08-15T07:46:38-05:00 2022-09-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2021-10-01 592803958 SUN 'N FUN FLY-IN INC SUNN 8636442431 4075 JAMES C RAY DRIVE LAKELAND FL 33811 TRACY T NEAL CFO 8636442431 2023-08-11 1 TRACY NEAL XXX-XX-XXXX AMY CHAPMAN P00843460 4078021200 2023-08-11 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z TRACY T NEAL 4075 JAMES C RAY DRIVE LAKELAND FL 33811 8519033 0 X WWW.FLYSNF.ORG X 1975 FL TO PRESERVE AND ENHANCE THE FUTURE OF FLIGHT THROUGH WORLD CLASS EVENTS, INSPIRING AND EDUCATING PEOPLE OF ALL AGES. 4 4 0 3500 173601 13501 241134 513496 6731398 7654902 135374 26604 290555 319251 7398461 8514253 457733 524011 0 0 348151 447162 0 0 85338 3413278 4315133 4219162 5286306 3179299 3227947 10303437 13061699 1665039 1266010 8638398 11795689 TO PRESERVE AND ENHANCE THE FUTURE OF FLIGHT THROUGH WORLD CLASS EVENTS, INSPIRING AND EDUCATING PEOPLE OF ALL AGES. 0 0 4717219 524011 7762414 HOST TO THE SECOND LARGEST AVIATION FLY-IN AND CONVENTION IN THE COUNTRY. DURING THE CONVENTION THERE ARE OVER 400 FORUMS, WORKSHOPS, LECTURES AND OTHER EDUCATIONAL OPPORTUNITIES. THERE ARE APPROXIMATELY 5,000 AIRPLANES THAT FLY IN, INCLUDING WARBIRDS, MILITARY, HOME BUILT, AND VINTAGE PLANES. THERE ARE APPROXIMATELY 150,000 GATE PARTICIPANTS, EXHIBITORS, SPONSORS AND FOOD VENDORS. WE HAVE APPROXIMATELY 3,000 VOLUNTEERS THAT HELP US PUT ON THIS EVENT. 4717219 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 32 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X TRACY T NEAL 8636442431 4075 JAMES C RAY DRIVE LAKELAND FL 33811 DR HARLEY M RICHARDS DDS CHARIMAN 1.00 1.00 X X 0 0 0 ROLAND BETKER VICE-CHAIRMAN 1.00 1.00 X X 0 0 0 ERIC WASHBURN SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 BILL TIGER READ DIRECTOR 1.00 1.00 X 0 0 0 JOHN LEENHOUTS PRESIDENT/CEO UNTIL 09/26/2022 5.00 45.00 X 0 179509 39825 EUGENE CONRAD PRESIDENT/CEO AS OF 09/26/2022 5.00 40.00 X 0 0 0 TRACY NEAL CFO 5.00 45.00 X 0 103444 42502 0 282953 82327 0 0 1 0 0 513496 392868 513496 EVENTS & ADMISSION 711210 6201145 6201145 FACILITY LEASE/RENTAL 711210 1144801 1144801 COMMISSIONS 711210 308956 308956 7654902 12274 12274 3449 10881 0 0 3449 10881 14330 14330 112292 4780 107512 107512 ADVERTISING SALES 541800 173601 173601 MISCELLANEOUS 900099 38138 38138 211739 8514253 7762414 173601 64742 X 524011 524011 377049 282787 56557 37705 22792 17094 3419 2279 17768 13326 2665 1777 29553 22165 4433 2955 7602 5702 1900 17272 12954 4318 162487 81244 40621 40622 183234 164911 18323 559852 503867 55985 18604 15813 2791 4345 4345 619989 433992 185997 265827 239245 26582 FLY-IN EVENT PROGRAM 1166059 1166059 ENTERTAINMENT EXPENSE 330713 297642 33071 IN-KIND EXPENSE 289902 289902 FOOD AND DRINK EXPENSE 261817 261817 427430 384688 42742 5286306 4717219 483749 85338 466092 839968 930829 1777908 652919 115624 547 123152 142859 10615868 9320906 1651158 1294962 499558 672314 5979729 8217517 10303437 13061699 375183 288419 1289856 977591 1665039 1266010 X 8599832 11755337 38566 40352 8638398 11795689 10303437 13061699 3227947 -70656 0 X X 0 1 X 1 0 X 582892 604067 198176 241134 513496 2139765 5225937 5554052 1300366 6731398 7767194 26578947 5808829 6158119 1498542 6972532 8280690 28718712 138528 144211 12553 52458 6765 354515 580663 431936 1012599 138528 144211 593216 484394 6765 1367114 27351598 6062 12256 21238 8746 12274 60576 6062 12256 21238 8746 12274 60576 112954 124777 222292 173601 633624 7932 14618 19279 68263 38138 148230 5935777 6309770 1539059 7271833 8504703 29561142 0.92530 0.93790 0.00200 0.00190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X EDUCATION 0 214983 214983 5477232 5477232 0 3447959 2674908 773051 1475694 1168766 306928 1294962 POSTAGE DUE 172 SECURITY DEPOSITS 2875 DUE FROM AEROSPACE CENTER FOR EXCELLENCE, INC. 8214470 8217517 X PART X, LINE 2: PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE CENTER HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE MOST SIGNIFICANT TAX POSITIONS OF THE CENTER ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT. IT HAS BEEN DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CENTER'S FORMS 990 FOR 2019 THROUGH 2021 ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AS OF SEPTEMBER 30, 2022. 1 CENTRAL FLORIDA AEROSPACE ACADEMY FOUNDATION INC 4075 JAMES C RAY DR LAKELAND FL 33811 270763731 501(C)3 488660 0 N/A N/A TO PROVIDE CFAAF WITH SPACE TO THRIVE AND SERVE THE CONSTITUENTS OF CENTRAL FLORIDA. SERTOMA INC 721 MARTINIQUE CIRCLE LAKELAND FL 33803 592043933 501(C)3 19534 0 N/A N/A DONATION FOR PARKING LOT SUPPORT 2 0 PART I, LINE 2: GRANT EXPENDITURES ARE PROVIDED TO ORGANIZATIONS AS PER AGREEMENTS SIGNED BY THE RECIPIENT AND THE FILING ORGANIZATION. ONCE GRANTS ARE DONATED, NO ADDITIONAL MONITORING IS PERFORMED. 0 0 0 0 0 0 0 0 0 JOHN LEENHOUTS PRESIDENT/CEO UNTIL 09/26/2022 0 174727 0 0 0 4782 0 13006 0 26819 0 219334 0 0 PART I, LINE 3 THE COMPENSATION FOR THE CEO WAS ESTABLISHED AND PAID BY AEROSPACE CENTER FOR EXCELLENCE, INC, A RELATED ORGANIZATION. THE FOLLOWING METHODS WERE RELIED UPON BY AEROSPACE CENTER FOR EXCELLENCE, INC TO DETERMINE SUCH COMPENSATION: 1. FORM 990 OF OTHER ORGANIZATIONS 2. COMPENSATION SURVEY OR STUDY, AND 3. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. X 1 190 FAIR MARKET VALUE X 2315 FAIR MARKET VALUE X 1 6400 FAIR MARKET VALUE X 2 20567 FAIR MARKET VALUE X 4 13038 FAIR MARKET VALUE X WORKSHOP EQUIPMENT AND TOOLS 6 81932 FAIR MARKET VALUE X PLANE EQUIPMENT AND MATERIALS 4 72085 FAIR MARKET VALUE X SIGNAGE 2 59843 FAIR MARKET VALUE X FLIGHT SIMULATOR SYSTEM 1 45632 FAIR MARKET VALUE X AIR CONDITIONING MATERIALS 1 11519 FAIR MARKET VALUE X BEVERAGES 2 5025 FAIR MARKET VALUE X OFFICE EQUIPMENT AND MATERIALS 2 230 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A THE CHAIRMAN OF THE BOARD OF DIRECTORS MAY DESIGNATE ONE OR MORE OTHER COMMITTEE CHARIMEN. SUCH OTHER COMMITTEES SHALL HAVE SUCH FUNCTIONS AND MAY EXERCISE SUCH POWER OF THE BOARD OF DIRECTORS AS CAN BE LAWFULLY DELEGATED AND TO THE EXTENT PROVIDED IN THE RESOLUTIONS CREATING SUCH COMMITTEE OR COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS SHALL DISCLOSE TO THE BOARD ANY INTEREST THAT A DIRECTOR HAS IN A TRANSACTION OR DECISION OF THE BOARD THAT MAY RESULT IN A FINANCIAL BENEFIT OR GAIN TO THEM AND/OR THEIR BUSINESS, FAMILY MEMBERS AND/OR SIGNIFICANT OTHER, EMPLOYER, AND/OR CLOSE ASSOCIATES, AND OTHER NONPROFIT ORGANIZATIONS WITH WHICH THE DIRECTOR IS AFFILIATED. AFTER DISCLOSURE, NON-AFFECTED DIRECTORS SHALL DETERMINE IF THE CONFLICT IS SIGNIFICANT REQUIRING THE DIRECTOR TO RESCUSE THEMSELF. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION IS SET BY AND PAID FOR BY AEROSPACE CENTER FOR EXCELLENCE (ACE). THE ACE BOARD HAS APPOINTED A COMPENSATION COMMITTEE TO REVIEW ALL SALARIES AND BENEFITS. THEIR RECOMMENDATIONS ARE BROUGHT BEFORE THE BOARD AND APPROVED OR DISAPPROVED DURING THE BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ELEVATE AEROSPACE & LOGISTICS INCUBATOR INC 3985 LAIRD BLVD LAKELAND FL 33811 874082667 ACCELERATE GROWTH OF INDIVIDUALS, BUSINESSES, AND IDEAS IN CENTRAL FLORIDA. FL 501(C)(3) LINE 10 AEROSPACE CENTER FOR EXCELLENCE INC 0 CENTRAL FLORIDA AEROSPACE ACADEMY FOUNDATION INC 4075 JAMES C RAY DR LAKELAND FL 33811 270763731 SUPPORTING STUDENTS IN POLK COUNTY TO ACHIEVE AERSOPACE OPPORTUNITIES. FL 501(C)(3) LINE 7 AEROSPACE CENTER FOR EXCELLENCE INC 0 AEROSPACE CENTER FOR EXCELLENCE INC 4075 JAMES C RAY DR LAKELAND FL 33811 593679477 ENGAGING THE NEXT GENERATION OF AEROSPACE PROFESSIONALS. FL 501(C)(3) LINE 10 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0