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        <BusinessNameLine1>UNITED STATES POWER SQUADRONS</BusinessNameLine1>
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      <Phone>9419537565</Phone>
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        <City>Sarasota</City>
        <State>FL</State>
        <ZIPCode>34239</ZIPCode>
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      <Title>TREASURER</Title>
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      <DateSigned>2012-07-13</DateSigned>
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        <ProgramServices>509</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherExpenses>
        <Description>miscellaneous program services</Description>
        <Total>12091</Total>
        <ProgramServices>9868</ProgramServices>
        <ManagementAndGeneral>2223</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>39030</Total>
        <ProgramServices>35715</ProgramServices>
        <ManagementAndGeneral>3315</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <CashNonInterestBearing>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>320587</BOY>
        <EOY>389243</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </AccountsReceivable>
      <ReceivablesFromOfficersEtc>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
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        <EOY>0</EOY>
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      <OtherNotesLoansReceivableNet>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
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        <EOY>1358</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>431</BOY>
        <EOY>431</EOY>
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      <LandBuildingsEquipmentBasis>605143</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>0</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>617778</BOY>
        <EOY>605143</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>9269</BOY>
        <EOY>176718</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>953702</BOY>
        <EOY>1172893</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </AccountsPayableAccruedExpenses>
      <GrantsPayable>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </GrantsPayable>
      <DeferredRevenue>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </DeferredRevenue>
      <TaxExemptBondLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </TaxExemptBondLiabilities>
      <EscrowAccountLiability>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </EscrowAccountLiability>
      <LoansFromOfficersDirectors>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>0</BOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <CapStckTrstPrinCurrentFunds>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CapStckTrstPrinCurrentFunds>
      <PaidInCapSrplsLandBldgEqpFund>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </PaidInCapSrplsLandBldgEqpFund>
      <RetainedEarningsEndowmentEtc>
        <BOY>953702</BOY>
        <EOY>1172893</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>953702</BOY>
        <EOY>1172893</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>953702</BOY>
        <EOY>1172893</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>219191</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="R000002" softwareId="11000129" softwareVersion="v1.00">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>30658</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>81435</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>22634</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>22483</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>15357</CurrentTaxYear>
        <Total>172567</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>9530</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>7758</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>21438</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>16077</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>13273</CurrentTaxYear>
        <Total>68076</Total>
      </GrossReceiptsFromAdmissions>
      <GrossReceiptsFromNonUBI>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </GrossReceiptsFromNonUBI>
      <TaxRevLeviedForOrgBenefit509>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </TaxRevLeviedForOrgBenefit509>
      <ValueOfSvcsFcltsFurnishdByGovt>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </ValueOfSvcsFcltsFurnishdByGovt>
      <Total509>
        <CurrentTaxYearMinus4Years>40188</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>89193</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>44072</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>38560</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>28630</CurrentTaxYear>
        <Total>240643</Total>
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      <AmtsRecdFromDisqualPersons>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </AmtsRecdFromDisqualPersons>
      <AmtsFromSubstContributors>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </AmtsFromSubstContributors>
      <SupportFromDQPsEtc>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>240643</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>15080</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>9872</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>5755</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>6733</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>10584</CurrentTaxYear>
        <Total>48024</Total>
      </GrossInvestmentIncome509>
      <Post1975UBTI>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>0</Total>
      </Post1975UBTI>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>15080</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>9872</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>5755</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>6733</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>10584</CurrentTaxYear>
        <Total>48024</Total>
      </InvestmentIncomeAndUBTI>
      <NetIncomeFromOtherUBI>
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        <CurrentTaxYearMinus3Years>2016</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>864</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>300</CurrentTaxYearMinus1Year>
        <Total>4692</Total>
      </NetIncomeFromOtherUBI>
      <OtherIncome509>
        <CurrentTaxYearMinus4Years>7246</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>5961</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1915</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>228</CurrentTaxYearMinus1Year>
        <Total>15350</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>64026</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>107042</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>52606</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>45821</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>39214</CurrentTaxYear>
        <Total>308709</Total>
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      <PublicSupportPercentage509>0.77951</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.80270</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.15556</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.13547</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsPY509>X</ThirtyThreePercntTestsPY509>
      <GeneralExplanation>Auction of donated merchandise.</GeneralExplanation>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="R000003" softwareId="11000129" softwareVersion="v1.00">
      <Land>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>25000</OtherCostOrOtherBasis>
        <BookValue>25000</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>521000</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>521000</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>59143</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>59143</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>605143</TotalOfBookValueLandBuildings>
    </IRS990ScheduleD>
    <IRS990ScheduleM documentId="R000004" softwareId="11000129" softwareVersion="v1.00">
      <SecuritiesPrtnrshpTrustIntrsts>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>148251</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>brokerage statement</MethodOfDeterminingRevenues>
      </SecuritiesPrtnrshpTrustIntrsts>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>0</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="R000005" softwareId="11000129" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L02</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 2</ReturnReference>
        <Explanation>Secretary and Treasurer are married.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L06</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 6</ReturnReference>
        <Explanation>The organization has 300 dues paying members.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L07a</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 7a</ReturnReference>
        <Explanation>Executive committee members are voted upon by the general membership.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11b</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11b</ReturnReference>
        <Explanation>Form and figures are reviewed by an person who is familiar with this form.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>Available upon request.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <ReasonableCauseExplanation documentId="R000006" softwareId="11000129" softwareVersion="v1.00">
      <Explanation>We are a non profit organization. Notice that this form is due was only received at the end of June from National Headquarters. I am the Treasurer, and was out of town for four weeks. There is no one else in the organization who will assume my duties when I am away. Waving of late fees would be greatly appreciated.</Explanation>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>