PALMDALE AEROSPACE ACADEMY INC Charity Report

Public IRS 990 nonprofit record

PALMDALE AEROSPACE ACADEMY INC

EIN 45-3851539 · Charter Schools (B29)

What they do

THE PALMDALE AEROSPACE ACADEMY is COMMITTED to ACADEMIC EXCELLENCE. GUIDED BY THE PRINCIPLES and INNOVATION of THE AEROSPACE INDUSTRY, THE EDUCATIONAL PROGRAM INTEGRATES STEAM FOCUSED LEARNING WITH REAL WORLD APPLICATIONS PROVIDING OPPORTUNITIES for STUDENTS... (CONT. ON SCH. O)...TO DESIGN, CREATE, and EXPLORE. THROUGH INDUSTRY-INSPIRED LEARNING EXPERIENCES and PARTNERSHIPS WITH AEROSPACE EMPLOYERS, LOCAL COMMUNITY COLLEGES, and OTHER PARTNERS, STUDENTS WILL DEVELOP THE SKILLS and MINDSET NEEDED to INNOVATE, ADAPT, and EXCEL IN A RAPIDLY EVOLVING WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.16%of revenue went to mission work81.1% of expenses · Program services

$92.72spent for every $100 of revenueRevenue covered expenses this year.

17.56%of revenue went to management and office costs18.9% of expenses

$2.76in assets for every $1 spent this yearSome assets cannot be spent right away.

96.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $280,209 for GINA LYNCH (SUPERINTENDENT/EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$46,356,913

Mission workProgram services$34,841,93275.16% of revenue81.1% of expenses

ManagementOffice and general costs$8,138,55317.56% of revenue18.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$3,376,4287.28% of revenueShown in gray on the chart

Total expenses$42,980,48592.72% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.1% mission · 18.9% management · 0.0% fundraisingTotal expenses: 92.72% of revenue

2023Expense mix: 70.9% mission · 29.1% management · 0.0% fundraisingTotal expenses: 90.07% of revenue

2022Expense mix: 72.5% mission · 27.0% management · 0.5% fundraisingTotal expenses: 78.26% of revenue

2021Expense mix: 75.9% mission · 23.8% management · 0.3% fundraisingTotal expenses: 95.34% of revenue

2020Expense mix: 73.9% mission · 25.7% management · 0.4% fundraisingTotal expenses: 82.31% of revenue

2019Expense mix: 78.9% mission · 20.7% management · 0.4% fundraisingTotal expenses: 96.66% of revenue

2018Expense mix: 79.7% mission · 19.4% management · 0.9% fundraisingTotal expenses: 98.39% of revenue

2017Expense mix: 87.1% mission · 12.0% management · 1.0% fundraisingTotal expenses: 92.04% of revenue

Money in and money out

Revenue$46,356,913

Expenses$42,980,485

Annual surplus $3,376,428 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$34,841,932 · 81.1% of expenses

Management and office costs$8,138,553 · 18.9% of expenses

See all reported dollar amounts

Revenue$46,356,913

Expenses$42,980,485

Assets$118,636,057

Income$46,356,913

Contributions$44,487,879

Mission work (program services)$34,841,932

Management and general$8,138,553

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GINA LYNCHSUPERINTENDENT/EXECUTIVE DIRECTOR · 40 hrs/week $280,209Base $216,789 · Other $63,420

GARY SCHATZELEMENTARY SCHOOL PRINCIPAL · 40 hrs/week $235,764Base $179,472 · Other $56,292

JULIE LOVVIKDIRECTOR OF HEALTH SERVICES · 40 hrs/week $230,558Base $175,101 · Other $55,457

PAUL DILGERDIRECTOR OF FACILITIES/M&O · 40 hrs/week $220,233Base $166,405 · Other $53,828

TIMOTHY LANKFORDMIDDLE SCHOOL PRINCIPAL · 40 hrs/week $219,250Base $169,533 · Other $49,717

CHRISTOPHER RILEYDIRECTOR OF SPECIAL EDUCATION · 40 hrs/week $210,832Base $158,538 · Other $52,294

JULIE FAWCETTEVICE PRINCIPAL · 40 hrs/week $186,083Base $141,685 · Other $44,398

WILLIAM SULLIVANHIGH SCHOOL PRINCIPAL · 40 hrs/week $185,793Base $141,442 · Other $44,351

JESSICA ROBINSONSPEECH LANGUAGE PATHOLOGIST · 40 hrs/week $184,174Base $140,075 · Other $44,099

JULIE BRASWELLFORMER SUPTERINTENDENT · 40 hrs/week $172,130Base $140,984 · Other $31,146

ROSEANNE ZARASUACHIEF BUSINESS OFFICIAL · 40 hrs/week $8,333

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

GINA LYNCHSUPERINTENDENT/EXECUTIVE DIRECTOR

GARY SCHATZELEMENTARY SCHOOL PRINCIPAL

JULIE LOVVIKDIRECTOR OF HEALTH SERVICES

PAUL DILGERDIRECTOR OF FACILITIES/M&O

TIMOTHY LANKFORDMIDDLE SCHOOL PRINCIPAL

CHRISTOPHER RILEYDIRECTOR OF SPECIAL EDUCATION

JULIE FAWCETTEVICE PRINCIPAL

WILLIAM SULLIVANHIGH SCHOOL PRINCIPAL

JESSICA ROBINSONSPEECH LANGUAGE PATHOLOGIST

JULIE BRASWELLFORMER SUPTERINTENDENT

ROSEANNE ZARASUACHIEF BUSINESS OFFICIAL

JANET SIMONSSECRETARY

JUSTIN KNOWLESDIRECTOR

NARDY LOPEZDIRECTOR

PATRICK BROPHYTREASURER

ELLEN MCISAACDIRECTOR

DENNIS TRUJILODIRECTOR

DAVID LUJANPRESIDENT

About this charity

Recognized since: January 2012
Location: 3300 EAST PALMDALE BLVD, PALMDALE, CA 935505036
County: Los Angeles
In care of: GINA LYNCH
Primary officer: GINA LYNCH, SUPERINTENDENT

How to reach them

WebsiteVisit the charity’s website Phone(661) 273-3680

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CHRISTY WHITE ASSOCIATES
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools