Nonprofit · EIN 74-1365823
DAEDALIAN FOUNDATION
Tax-exempt · JBSARANDOLPH, TX 78148
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $417,777 | $710,033 | -$292,256 | $4,019,804 | $408,862 | $3,610,942 |
| December 31, 2023 | 990 | $699,241 | $1,004,888 | -$305,647 | $4,022,655 | $24,746 | $3,997,909 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $234,046
- Program service revenue
- $0
- Investment income
- $172,891
- Net gain from sales of assets
- $90,187
- Other revenue
- $10,840
Expenses
- Grants and similar amounts paid
- $322,660
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,650
- Program services (functional)
- $515,795
- Management and general (functional)
- $194,238
Balance sheet and other
- Total assets, start of year
- $4,022,655
- Total assets, end of year
- $4,019,804
- Total liabilities, end of year
- $408,862
- Net assets, end of year
- $3,610,942
- Land, buildings and equipment
- $93,100
- Publicly traded securities
- $3,908,315
- Net assets without donor restrictions
- $1,514,741
- Net assets with donor restrictions
- $2,096,201
- Gross receipts
- $890,199
- Employees
- 0
- Volunteers
- 200
- Year formed
- 1959
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MAUREEN DEFELICE | EXECUTIVE DI Officer | 10 | $0 | $132,388 |
| BRIG GEN CHAD MANSKE USAF RET | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| LT COL KATHRYN STAIGER | VICE CHAIRMA Trustee or director, Officer | 2 | $0 | $0 |
| LT COL MIKE BUCK USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL EDWARD J SHEERAN USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL MICHAEL A BUCK USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL FRANCIS L KAPP USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAJOR JULIAN GLUCK USAF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL OLGA CUSTODIO USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRYSTAL HERNANDEZ | EXECUTIVE DI Officer | 10 | $0 | $0 |
| MR PHILLIP ZABRISKIE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL DANIEL MEYERS USA RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL CHARLES BAUMANN USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL BILL ERCOLINE USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL DANIEL MULLINIX USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COL JOHN DIPIERO USAF RET | TRUSTEE Trustee or director | 1 | $0 |
| MICHELE PEARCE | ADVISOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MAUREEN DEFELICE | EXECUTIVE DI Officer | 10 | $0 | $123,457 |
| BRIG GEN CHAD MANSKE USAF RET | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| LT COL KATHRYN STAIGER | VICE CHAIRMA Trustee or director, Officer | 2 | $0 | $0 |
| LT COL MIKE BUCK USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL EDWARD J SHEERAN USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL MICHAEL A BUCK USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL FRANCIS L KAPP USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAJOR JULIAN GLUCK USAF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL OLGA CUSTODIO USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR PHILLIP ZABRISKIE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL DANIEL MEYERS USA RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL CHARLES BAUMANN USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL BILL ERCOLINE USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LT COL DANIEL MULLINIX USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COL JOHN DIPIERO USAF RET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHELE PEARCE | ADVISOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 55 MAIN CIRCLE BLDG 676, JBSARANDOLPH, TX 78148-0000
- Principal officer (990 for 2024)
- KRYSTAL HERNANDEZ, 55 MAIN CIRCLE BLDG 676, JBSARANDOLPH, TX 781480249
- Signed the 990
- KRYSTAL HERNANDEZ, EXECUTIVE DIRECTOR
- Phone
- (210) 945-2111
- Return prepared by
- ARMSTRONG VAUGHAN & ASSOCIATES PC
Mission
THE FOUNDATION'S MISSION IS THREEFOLD: TO INSPIRE YOUNG AMERICANS TO PURSUE CAREERS AS MILITARY AVIATORS VIA SCHOLARSHIPS, FLYING INSTRUCTION AND OTHER EDUCATIONAL OPPORTUNITIES; TO PERPETUATE THE SPIRIT OF PATRIOTISM, LOVE OF COUNTRY AND THE HIGH IDEALS OF SELF-SACRIFICE EXEMPLIFIED BY THE AMERICAN PILOTS OF WORLD WAR I; AND TO RAISE AND INVEST FUNDS TO ADVANCE THE GOALS OF THE FOUNDATION'S MISSION. AT YEAR END THE FOUNDATION HAD 8,980 MEMBERS.
Program accomplishments
- PREPARATION, PUBLISHING AND DISTRIBUTION OF THE "DAEDALUS FLYER", A QUARTERLY MAGAZINE DOCUMENTING THE HISTORY OF MILITARY AVIATION AND ENCOURAGING AN INTEREST IN AVIATION AND AERONAUTICS. THE PUBLICATION INCLUDES INFORMATION ON NATIONAL AND LOCAL FLIGHT ACTIVITIES INCLUDING SPEAKERS, AWARDS AND PRESENTATIONS.Expenses $193,135
- TO PROVIDE SCHOLARSHIP OPPORTUNITIES TO STUDENTS WHO HAVE DEMONSTRATED THE DESIRE AND POTENTIAL TO BECOME A COMMISSIONED MILITARY AVIATOR. DAEDALIAN FLYING TRAINING SCHOLARSHIPS RECOGNIZES THE EFFORTS OF CANDIDATES BY PROVIDING THE GROUND AND FLIGHT TRAINING NECESSARY TO ACHIEVE A SOLO FLIGHT IN A GENERAL AVIATION FIXED WING AIRCRAFT. THE FOUNDATION AWARDS EXCELLENCE IN EDUCATION WITH PRESENTATIONS TO THE TOP GRADUATES OF THE FLYING TRAINING COURSES OF THE AIR FORCE AIR EDUCATION AND TRAINING COMMAND, THE NAVAL AIR TRAINING COMMAND, THE ARMY AVIATION SCHOOL, AND THE UNITED STATES AIR FORCE ACADEMY OUTSTANDING CADET IN THE ORDER OF GRADUATION. THE FOUNDATION ALSO AWARDS THE PRESTIGIOUS JUNIOR RESERVE OFFICER TRAINING CORPS (JROTC) MEDAL TO ENCOURAGE THE DEVELOPMENT OF PATRIOTISM AND SERVICE IN JROTC PARTICIPANTS INTERESTED IN PURSUING A MILITARY CAREER.Expenses $322,660 · grants $322,660
- MATCHING AND OTHER SCHOLARSHIPS TO ENCOURAGE STUDY AND TRAINING IN ACTIVITIES LEADING TO CAREERS AS COMMISSIONED MILITARY PILOTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1365823
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1960
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33Z)
- Assets (IRS master file)
- $4,019,804
- Income (IRS master file)
- $890,199
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $417,777 | $710,033 | $4,019,804 | XML |
| 990 | December 2023 | $699,241 | $1,004,888 | $4,022,655 | XML |
| 990 | December 2022 | $614,536 | $792,042 | $3,877,350 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1365823).
Questions about DAEDALIAN FOUNDATION
- What is the EIN of DAEDALIAN FOUNDATION?
- The employer identification number (EIN) of DAEDALIAN FOUNDATION is 74-1365823.
- Is DAEDALIAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to DAEDALIAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAEDALIAN FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAEDALIAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAEDALIAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DAEDALIAN FOUNDATION?
- The 990 for the year ended December 31, 2024 names KRYSTAL HERNANDEZ.
- Who are the officers and directors of DAEDALIAN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does DAEDALIAN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $417,777, expenses of $710,033 and total assets of $4,019,804 at year end.