The Global Air Drone Academy

EIN: 824875600 501(c)(3) Education

Baltimore, MD

Total Revenue
$342,623
Total Expenses
$236,090
Total Assets
$234,016
Net Assets
$234,016
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MD
Principal Officer
Austin Brown
Phone
4439867698
Tax Period
2022-01-01 to 2022-12-31

The Global Air Drone Academy, founded in 2018, is a small nonprofit in the Education sector that reported $343K in total revenue in fiscal year 2022. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 31% operating margin.

Mission

Global Air Drone Academy, a 501(c)(3) non-profit organization based in Baltimore, MD, dedicated to inspiring underserved youth to pursue careers in STEM through our innovative camp-to-career pipeline. Using drones as a tool to excite students about STEM, we go beyond just drones to provide a holistic approach that engages and empowers students.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $342,623
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,052
Fundraising Expenses $36,060
Program Expenses $176,202
Other Expenses $179,044
TOTAL EXPENSES $236,090

Year-over-Year Comparison

2022 2021 Change
Revenue $342,623 $225,066 +0.5%
Expenses $236,090 $183,654 +0.3%
Net Income $106,533 $41,412 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$5,800
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Austin Brown President 40.00
Officer
$2,900 $0 $2,900
Enobong Umoh Vice President 40.00
Officer
$2,900 $0 $2,900
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $342,623 $236,090 $234,016 $106,533
2021 $225,066 $183,654 $100,640 $41,412
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