2024-03-06T16:03:53-07:00 2023-12-31 990EZ 2023-01-01 813892776 CSA FOUNDATION INC CSAF 9706903895 3012 Phoenix Dr Fort Collins CO 80525 Dan Hemphill Treasurer 3076807537 2024-03-06 Dan Hemphill 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z Hybrid X www.soarcsa.org X X 87083 X 16502 32227 29333 337 0 0 0 0 0 0 0 0 0 0 8684 87083 0 0 0 32371 15759 0 37249 85379 1704 145361 34501 181566 X 67885 27423 39679 35644 95342 140657 202906 203724 57545 22158 145361 181566 The purpose of this Foundation shall be to encourage and provide resources for flight instruction and training by providing soaring facilities and equipment for members on a non-profit basis, and to further the knowledge of aerodynamics, the principles and use of soaring, and safety of flight. The Foundation as part of its charitable purposes may also make distributions to other organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code or the corresponding section of any future federal tax code. Members of CSA Foundation flew 490 glider flights during 2023, including 409 flights in CSAF-owned gliders and 75 flights in gliders owned by members. Six members received basic ground and flight instruction, 1 member achieved her private glider rating, and one member qualified as a glider instructor, adding significantly to our cadre of instructors. 2000 0 CSA Foundation was approved for a $2,127 grant from the Soaring Safety Foundation to construct a glider flight simulator, which was placed in service in December. This substantially improves our training capability, as it has enhanced flight realism to our training not available in our prior simulator; it provides both economical training for students and advanced pilots and allows us to train during periods of inclement weather and in simulated environments not available at Owl Canyon Gliderport. 2127 4254 24 members of the Denver youth group chapter of Tuskegee Airmen were given introductory glider flights. 0 0 The addition of two glider flight instructors and the construction of the enhanced glider simulator have greatly enhanced our ability to train both student and rated members throughout the year. Additionally, one experimental, low performance two-place glider was replaced with a much more capable twin, providing greater training capabilities and allowing us greater options in providing rides to the general public. We are also one of a few limited operations capable of providing ground launch training. 0 0 Members of our organization place 2d and 11th at the SSA Region 9 soring competition. 0 0 4254 DAVE SLINGER PRESIDENT 4 0 0 0 JUSTIN LUNDBERG-NEFF VICE PRESIDENT 2 0 0 0 CRAIG WARREN SECRETARY 2 0 0 0 DAN HEMPHILL TREASURER 5 3000 0 0 OFER FISHER TRUSTEE 1 0 0 0 ALAND ADAMS TRUSTEE 8 0 0 0 DENNIS MOSS TRUSTEE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DAN HEMPHILL 3012 PHOENIX DR FORT COLLINS CO 80525 9706903895 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 3718 38633 38076 41480 45836 167743 20 314 387 0 721 94502 35049 38203 31118 198872 0 0 0 0 0 0 98240 73996 76666 72598 45836 367336 0 0 0 27676 27676 0 0 0 27676 0 27676 339660 0 39 9 197 245 0 0 0 0 0 0 39 9 197 0 245 0 0 0 0 0 98240 74035 76675 72795 45836 367581 0.92404 0.91543 0.00067 0.00074 X Form 990-EZ, Part I, Line 8 Hangar Rental Form 990-EZ, Part I, Line 16 Description;Amount^COST OF FLIGHT OPERATIONS;19669|ADMINISTRATIVE EXPENSES;2038|DEPRECIATION EXPENSE;15542^Total;37249^ Form 990-EZ, Part I, Line 20 Glider fleet upgrade reserve invested in new glider Form 990-EZ, Part II, Line 24 Description;EOY Amount^AVIATION FUEL INVENTORY;8639|PREPAID PROPANE;601|PREPAID INSURANCE;4035|RESALE INVENTORY;1248|AIRCRAFT UNDERGOING REBUILD;86559|AIRCRAFT SZD 50 3 PUCHACZ;46362|AIRCRAFT RELATED EQUIPMENT;272|ACCOUNTS RECEIVABLE;-7059^Total;140657^ Form 990-EZ, Part II, Line 26 Description;EOY Amount^TAXES PAYABLE;769|SCHOLARSHIP FUNDS;840|AIRCRAFT FLEET UPGRADE RESERVE;2250|FACILITIES MAINTENANCE RESERVE;16216|ACCOUNTS PAYABLE;2083^Total;22158^