2026-02-21T05:16:06-08:00 2025-12-31 882761122 Van Holland Accounting LLC 1022 3rd Ave Sheldon IA 51201 990 2025-01-01 521041390 The King's Engineering Fellowship KING 7127374444 1410 Arizona Pl SW Orange City IA 51041 Edward Mortenson President 7127374444 2026-01-28 true Ethan Van Holland P02452334 7126314112 2026-02-21 2025 2025-03-06 01:10:19Z Edward Mortenson 1410 Arizona Pl SW Orange City IA 51041 95103 false X N/A X 1976 IA Engineering to develop and improve the Angel, an stol twin-engine airplane designed to meet the needs of missionaries and humanitarian workers in places where most aircraft cannont land and take off. Also to provide funds for missionaries to purchase these planes at a reduced cost. 4 3 0 3 0 0 94962 89785 0 3 253 20068 5065 115033 95103 0 0 12413 0 0 0 73136 109935 85549 109935 29484 -14832 1765503 1829245 1436519 1515093 328984 314152 Engineering to develop and improve the Angel, an stol twin-engine airplane designed to meet the needs of missionaries and humanitarian workers in places where most aircraft cannont land and take off. Also to provide funds for missionaries to purchase these planes at a reduced cost. false false 109935 0 90501 Engineering of missionary airplanes and other equipment. 17 minor design changes were created and substantiated, resulting in FFA approval. An instrument panel upgrade project was moved closer to completion through flight testing and certification report writing. Technical assistance was provided to a foreign licensee enabling them to earn a Production Certificate for manufacturing Angel airplanes. This should begin producing royalty income. The FFA has imposed new Safety Management System (SMS) regulations that apply to holders of Type Certificates who license other parties to manufacture their type design products. Significant time went into developing an SMS implementation plan. 109935 true false false false false false false false false false true false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false X 4 3 false false false false false false false false false false false false false false false false false false Donna Mortenson 7127374444 1410 Arizona Pl SW Orange City IA 51041 X Edward Mortenson President 45.00 X X 0 0 0 Evan Mortenson Vice President 0.00 X 0 0 0 Merrill Holmquist Treasurer 0.00 X X 0 0 0 Ed Claypool Director 0.00 X 0 0 0 false false false 89785 3000 89785 253 0 0 431 431 431 431 Misc Income 900099 9 9 0 0 Contracted Labor 900099 4602 4602 0 0 Mission/Eng Royalties 900099 23 23 0 0 4634 95103 5318 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2191 2191 0 0 490 490 0 0 7281 7281 0 0 10 10 0 0 41296 41296 0 0 644 644 0 0 12644 12644 0 0 Widows Benefit 6000 6000 0 0 Maintenance 1236 1236 0 0 Telephone 640 640 0 0 Materials 18529 18529 0 0 18974 18974 0 0 109935 109935 0 0 593 621 13064 226 1006000 1006000 366154 336505 30293 29649 180800 183800 179164 253360 355589 355589 1765503 1829245 612600 612600 823919 902493 1436519 1515093 X 712126 712126 -383142 -397974 328984 314152 1765503 1829245 -14832 X false false false X 0 0 101961 80330 59215 94962 85785 422253 0 0 0 101961 80330 59215 94962 85785 422253 0 0 0 422253 1446 503 213 3 2165 1446 503 213 3 2165 57093 51552 20395 20068 5042 154150 160500 132385 79823 115033 90827 578568 0.72980 0.64840 0.00370 0.00360 X Pt III Ln 12 Other Income Part III, Line 12 Description: Other Income 2021: 0. 2025: 274. Description: Misc Income 2021: 28662. 2022: 30303. 2023: 66. 2024: 20. 2025: 9. Description: Rent Income 2021: 3409. 2022: 1793. 2023: 982. 2024: 1007. 2025: 431. Description: Labor Contracted by AAC 2021: 25022. 2022: 19456. 2023: 19347. 2024: 19041. 2025: 4328. 0 28783 28783 194471 193714 757 142900 142791 109 29649 AAC Stock 183800 F 183800 Airplane Prototype 307263 Diesel Engine Prototype 48326 Rounding 0 355589 Loan from AAC 287299 Loan from Southwind Engines 65000 Security National Bank Loan 387954 FICA Tax Payable 18688 Federal Withholdings 12958 Medicare Tax 4371 Wages Payable 123269 State Withholdings 2954 902493 Pt VI, Line 19 No other documents available to the public Pt VI, Line 11b No review was or will be conducted Pt VI, Line 8a No documentation was held during the meetings Pt VI, Line 8b No documentation was written Form 990, Part IX, Line 24e Consultants 373. 373. 0. 0. Form 990, Part IX, Line 24e Postage and Shipping 750. 750. 0. 0. Form 990, Part IX, Line 24e Internet 798. 798. 0. 0. Form 990, Part IX, Line 24e Supplies 274. 274. 0. 0. Form 990, Part IX, Line 24e Test Articles 26. 26. 0. 0. Form 990, Part IX, Line 24e Public Relations 898. 898. 0. 0. Form 990, Part IX, Line 24e Replacement of Scrap 11454. 11454. 0. 0. Form 990, Part IX, Line 24e Tooling Production 261. 261. 0. 0. Form 990, Part IX, Line 24e Contracted Services 4140. 4140. 0. 0.