Central Florida Aerospace Academy Foundation Inc

Public charity · Grantmaker Lakeland, FL EIN: 27-0763731

The foundation provides high school students from Polk county the opportunity to receive aviation based scholarships for private pilot training, airframe and powerplant training, and college tuition in aviation related fields.

Key facts about Central Florida Aerospace Academy Foundation Inc

In short: Central Florida Aerospace Academy Foundation Inc gave $76K across 1 grant in 2025 (avg $76K), mostly in Florida. Source: 2025 IRS Form 990.

EIN
27-0763731
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$76,318
Grants made (2025)
1
Average grant
$76,318
Median grant
$76,318
Total assets
$2,447,339
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.4M

+6.3% YoY

Annual Giving

$76K

-27.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$76K

-27.3% YoY

How Central Florida Aerospace Academy Foundation Inc gives

  • Giving fell 29% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Central Florida Aerospace Academy Foundation Inc

Based on IRS filings

Central Florida Aerospace Academy Foundation Inc is a public charity focused on Education, based in Lakeland, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 1 grant totaling $76K. Net investment income was $89K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Lakeland

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $35K (2020) to $111K (2023). In 2025 it made 1 grant totaling $76K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Aerospace Center for Excellence Inc: $76KAerospace Center forExcellence Inc$76K

The largest 2025 recipient was Aerospace Center for Excellence Inc ($76K).

Grant Size Distribution

5 grants across all recorded years

<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Aerospace Center for Excellence Inc Lakeland, FLPayroll Grant$76,318

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,447,339$2,302,514$1,838,096
Revenue$528,909$599,226$624,930
Expenses$334,515$493,849$464,043
Net Investment Income$89,065$45,241$23,875

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS February 19, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Central Florida Aerospace Academy Foundation Inc is led by Gene Conrad, President & CEO on the 2025 filing; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gene Conrad

    President & CEO

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Ricardo Garcia

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Eric Crump

    Secretary

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Julie Ehnle

    CFO

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Chuck Ahearn

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Eugene Conrad (2022–2024) — President & CEO
  • Former: Tracy Nealthru (2024) — CFO
  • Former: John Leenhouts (2020–2023) — Former President & CEO
  • Former: Tracy Neal (2022–2023) — CFO
  • Former: Charles Ahearn (2020–2022) — Treasurer
  • Former: Theodore Brousseau (2020) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Central Florida Aerospace Academy Foundation Inc

How much does Central Florida Aerospace Academy Foundation Inc give each year?

Central Florida Aerospace Academy Foundation Inc gave $76K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $105K across 1 grant.

How large is Central Florida Aerospace Academy Foundation Inc?

Central Florida Aerospace Academy Foundation Inc reported $2.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $529K.

What is Central Florida Aerospace Academy Foundation Inc?

Central Florida Aerospace Academy Foundation Inc is a public charity focused on Education, based in Lakeland, FL. It holds $2.4M in total assets as of 2025.

Where does Central Florida Aerospace Academy Foundation Inc operate?

Central Florida Aerospace Academy Foundation Inc has awarded grants in Florida.

What is Central Florida Aerospace Academy Foundation Inc's EIN?

Central Florida Aerospace Academy Foundation Inc's EIN (Employer Identification Number) is 27-0763731. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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