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PGM AVIATION INC

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Public IRS 990 nonprofit record

PGM AVIATION INC

EIN 85-1648053 · History Museums (A54)

What they do

OUR MAIN EFFORTS HAVE BEEN WITH THE DOUGLAS B-26K/A-26A, WHICH WAS A TYPE USED DURING THE VIETNAM CONFLICT of THE 1960S. THIS AIRCRAFT is THE LAST SURVIVOR of ITS KIND THAT is STILL AIRWORTHY. IT WILL BE USED to BRING ATTENTION to A HIGHLY CLASSIFIED MISSION CONDUCTED AT NIGHT OVER LAOS to INTERDICT SUPPLY CONVOYS COMING FROM NORTH VIETNAM to THE SOUTH VIA THE INFAMOUS HO CHI MINH TRAIL. THE SUCCESS of THE 609TH SPECIAL OPERATIONS SQUADRON COULD NOT BE PUBLICIZED AT THE TIME UNTIL IT WAS DECLASSIFIED IN 1992. WE WANT to BRING THIS HISTORY to AIRSHOWS SO THAT YOUNGER AMERICANS WILL REALIZE WHAT IT TAKES to DEFEND OUR DEMOCRACY and HONOR THOSE WHO SACRIFICED SO MUCH IN THE WAY of BLOOD, SWEAT and TEARS.OUR PROGRAMS ARE CENTERED AROUND THE CARE of TWO LEASED AIRCRAFT: THE A-26 and THE T-33, FIRST AIR JET TRAINER of THE US AIRFORCE IN 1948. THESE ARE RESTORED and MAINTAINED IN BETTER THAN NEW CONDITION. THEY ARE THEN DISPLAYED IN THE VINTAGE FLYING MUSEUM IN FORT WORTH, TEXAS, and AT AIRSH

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $98.40 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 leaders3 people are listed in the latest report.

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

Money made simple

125.05%of revenue went to mission work98.4% of expenses · Program services
$127.09spent for every $100 of revenueSpending was higher than revenue this year.
$1.02in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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

Worth asking: Expenses exceeded revenue by $27,033 this year. Ask whether that was planned or caused by a one-time event.

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.

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$99,774
Mission workProgram services$124,767125.05% of revenue98.4% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$126,807127.09% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 98.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 127.09% of revenue
2023Expense mix: 96.7% mission · 3.3% management · 0.0% fundraisingTotal expenses: 48.66% of revenue
2022Expense mix: 99.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.69% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.13% of revenue

Money in and money out

Revenue$99,774
Expenses$126,807
Annual shortfall $27,033 Expenses were higher than revenue 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)$124,767 · 98.4% of expenses
See all reported dollar amounts
Revenue$99,774
Expenses$126,807
Assets$128,808
Income$99,774
Contributions$99,774
Mission work (program services)$124,767
People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

JR HOFFMANVICE PRESIDENT

JUDSON GARY CHENOWETHPRESIDENT

TERRY CARBONELLSECRETARY/TREASURER

About this charity

Recognized since
January 2021
Location
4056 FALCON RIDGE DR, HALTOM CITY, TX 76137-2670
County
Tarrant
In care of
% JAMES REYNOLDS
Primary officer
TERRY CARBONELL, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
MARKHAM NORTON MOSTELLER WRIGHT & CO
NTEE classification
History Museums (A54)
IRS tax category
History Museums

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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