SOCIETY OF EXPERIMENTAL TEST PILOTS SCHOLARSHIP FOUNDATION Charity Report

Public IRS 990 nonprofit record

SOCIETY OF EXPERIMENTAL TEST PILOTS SCHOLARSHIP FOUNDATION

EIN 95-2479396 · Education (B)

What they do

THE PRIMARY PURPOSE of THE SCHOLASHIP FDN is to RECEIVE, ACQUIRE, MANAGE, ADMINISTER, & EXPEND PROPERTY & FUNDS for SCHOLARSHIPS & OTHER FORMS of EDUCATIONAL ASSISTANCE to CHILDREN of SOCIETY MEMBERS, WITH EMPHASIS GIVEN to CHILDREN of DECEASED & DISABLED SOCIETY MEMBERS. A SCHOLARSHIP WAS FIRST AWARDED IN 1967. SINCE THAT TIME OVER 5.3 MILLION HAS BEEN GRANTED IN EDUCATIONAL ASSISTANCE to OVER 600 STUDENTS. IN 2025 144 STUDENTS ATTENDED SCHOOL WITH SCHOLARSHIP FDN ASSISTANCE. for EVERY DOLLAR CONTRIBUTED, MORE THAN 95% GOES DIRECTLY to COVER THE STUDENTS EDUCATIONAL EXPENSES. A CONTRIBUTION to THE SCHOLARSHIP FDN is THE IDEAL WAY to COMMERMORATE A SOCIETY MEMBER WHILE HELPING SUPPORT CHILDREN of SOCIETY MEMBERS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.90 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 2025The charity has a recent tax report to read.

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

They name their leaders23 people are listed in the latest report.

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

Money made simple

48.72%of revenue went to mission work81.9% of expenses · Program services

$59.49spent for every $100 of revenueRevenue covered expenses this year.

10.77%of revenue went to management and office costs18.1% of expenses

$24.18in assets for every $1 spent this yearSome assets cannot be spent right away.

9.3%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 $4,301 for L BALDERAS (EXECUTIVE DIR.). 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 2025

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$669,927

Mission workProgram services$326,41748.72% of revenue81.9% of expenses

ManagementOffice and general costs$72,11910.77% of revenue18.1% of expenses

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

Revenue left after expensesReported annual surplus$271,39140.51% of revenueShown in gray on the chart

Total expenses$398,53659.49% 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

2025CurrentExpense mix: 81.9% mission · 18.1% management · 0.0% fundraisingTotal expenses: 59.49% of revenue

2024Expense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 111.35% of revenue

2023Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 174.46% of revenue

2022Expense mix: 85.3% mission · 13.9% management · 0.8% fundraisingTotal expenses: 201.22% of revenue

2021Expense mix: 81.7% mission · 17.6% management · 0.7% fundraisingTotal expenses: 62.41% of revenue

2020Expense mix: 75.9% mission · 24.1% management · 0.0% fundraisingTotal expenses: 53.62% of revenue

2019Expense mix: 65.4% mission · 33.3% management · 1.2% fundraisingTotal expenses: 41.07% of revenue

Money in and money out

Revenue$669,927

Expenses$398,536

Annual surplus $271,391 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)$326,417 · 81.9% of expenses

Management and office costs$72,119 · 18.1% of expenses

See all reported dollar amounts

Revenue$669,927

Expenses$398,536

Assets$9,636,950

Income$1,844,048

Contributions$62,211

Mission work (program services)$326,417

Management and general$72,119

Stocks and bonds$2,471,792

Accounting fees$3,218

Investing fees$63,077

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

L BALDERASEXECUTIVE DIR. · 1 hrs/week $4,301Base · Other $4,301

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 (23)

L BALDERASEXECUTIVE DIR.

K BENJAMINTRUSTEE

T LARDYTRUSTEE

T GANGTRUSTEE

T ERICSONTRUSTEE

S RAINEYTRUSTEE

R ROWESECRETARY

R CREGIERTRUSTEE

M WINHEIMTRUSTEE

M STUCKYTRUSTEE

M HANKSTRUSTEE

K LARSONTREASURER

A MCFARLANDTRUSTEE

J BROWN IIIVICE CHAIRMAN

J OHMANTRUSTEE

J LANNITRUSTEE

J FERGIONECHAIRMAN

G LEWISTRUSTEE

G GRAHAMTRUSTEE

E KNUDSONTRUSTEE

B VANCETRUSTEE

A TOBIASTRUSTEE

A THOMPSONTRUSTEE

About this charity

Recognized since: January 1966
Location: 44814 ELM AVE, LANCASTER, CA 93534-3106
County: Los Angeles
In care of: L BALDERAS
Primary officer: L BALDERAS, EXEC DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emaildavid.lohse@gmail.com Phone(661) 942-9574

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: BRESSLER & COMPANY
NTEE classification: Education (B)
IRS tax category: Education