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Monaco Air Foundation Inc

  • Duluth, MN
  • Tax-exempt since June 2008
  • EIN: 26-1211672

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Public, Society Benefit - Multipurpose and Other N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$966 (2023)

Expenses
$4.02k (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$966
Expenses
$4,018
Net Income
-$3,052
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $966
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Don Monaco (President And Director) $0 $0
Mike Magni (Vice President, Secretary Treasurer, And Director) $0 $0
Greg Fox (Director) $0 $0
Dave Gaddie (Director) $0 $0
Bill King (Director) $0 $0
Pat Mullen (Director) $0 $0
Richard Stewart (Director) $0 $0
Elissa Hansen (Nonvoting Director) $0 $0
Tom Werner (Nonvoting Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 25, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$186
Expenses
$974
Net Income
-$788
Net Assets
$54,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $186
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $54,676
Total Liabilities $0
Net Assets $54,676
Compensation
Key Employees and Officers Compensation Other
Don Monaco (President And Director) $0 $0
Mike Magni (Vice President, Secretary Treasurer, And Director) $0 $0
Greg Fox (Director) $0 $0
Dave Gaddie (Director) $0 $0
Bill King (Director) $0 $0
Pat Mullen (Director) $0 $0
Richard Stewart (Director) $0 $0
Elissa Hansen (Nonvoting Director) $0 $0
Tom Werner (Nonvoting Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on April 20, 2023

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,030
Expenses
$7,916
Net Income
-$6,886
Net Assets
$55,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
97.1%
Program Services $0
Investment Income $30
2.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $55,464
Total Liabilities $0
Net Assets $55,464
Compensation
Key Employees and Officers Compensation Other
Don Monaco (President And Director) $0 $0
Mike Magni (Vice President, Secretary Treasurer, And Director) $0 $0
Greg Fox (Director) $0 $0
Dave Gaddie (Director) $0 $0
Bill King (Director) $0 $0
Pat Mullen (Director) $0 $0
Richard Stewart (Director) $0 $0
Todd Fedora (Nonvoting Director) $0 $0
Tom Werner (Nonvoting Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on March 9, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$47
Expenses
$2,066
Net Income
-$2,019
Net Assets
$62,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $42
89.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5
10.6%
Assets/Debt
Total Assets $62,350
Total Liabilities $0
Net Assets $62,350

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$154
Expenses
$1,555
Net Income
-$1,401
Net Assets
$64,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $154
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $65,547
Total Liabilities $1,178
Net Assets $64,369

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,799
Expenses
$32,766
Net Income
-$30,967
Net Assets
$65,770
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,544
85.8%
Investment Income $255
14.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $65,770
Total Liabilities $0
Net Assets $65,770

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$754
Expenses
$2,408
Net Income
-$1,654
Net Assets
$96,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $400
53.1%
Program Services $0
Investment Income $354
46.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $96,737
Total Liabilities $0
Net Assets $96,737

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$290
Expenses
$6,032
Net Income
-$5,742
Net Assets
$98,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $98,390
Total Liabilities $0
Net Assets $98,390

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$179,435
Expenses
$222,025
Net Income
-$42,590
Net Assets
$104,133
Notable Sources of Revenue Percent of Total Revenue
Contributions $179,041
99.8%
Program Services $0
Investment Income $393
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $104,133
Total Liabilities $0
Net Assets $104,133

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$83,720
Expenses
$92,654
Net Income
-$8,934
Net Assets
$146,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $83,366
99.6%
Program Services $0
Investment Income $353
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $146,723
Total Liabilities $0
Net Assets $146,723

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$85,735
Expenses
$88,391
Net Income
-$2,656
Net Assets
$155,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,275
99.5%
Program Services $0
Investment Income $460
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $155,657
Total Liabilities $0
Net Assets $155,657

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$231,992
Expenses
$234,583
Net Income
-$2,591
Net Assets
$158,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $231,387
99.7%
Program Services $0
Investment Income $605
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $158,313
Total Liabilities $0
Net Assets $158,313

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$296,820
Expenses
$242,248
Net Income
$54,572
Net Assets
$160,905
Notable Sources of Revenue Percent of Total Revenue
Contributions $296,038
99.7%
Program Services $0
Investment Income $783
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $160,905
Total Liabilities $0
Net Assets $160,905

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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