KENTUCKY INSTITUTE FOR AEROSPACE EDUCATION INC

KENTUCKY INSTITUTE FOR AEROSPACE EDUCATION INC General Information Contact Information nprofit KENTUCKY INSTITUTE FOR AEROSPACE EDUCATION INC Address P.O. Box 4653 50 Airport Rd Ste 43 Frankfort, KY 40604 4653 Phone (502) 320-9490 Fax 502 3522002 Email info@kiae.org Web and Social Media Website Facebook Twitter Website Facebook Twitter At A Glance Other ways to donate, support, or volunteer You can support a number of our aerospace education initiatives: The Commonwealth Aerospace Education Center Flight/Aeronautics (flight training and fuel) Aeronautical Engineering (consumables such as balsa wood and other resources) 1

Astronautical Engineering/Space Systems and Satellite Engineering (consumables, electronics testing and resources, and other equipment) Aircraft Maintenance (toolkits) Aviation Management and Operations (software licensing) 2

Statements & Search Criteria Statements Mission Statement The Kentucky Institute for Aerospace Education's mission is to improve student learning (P-12 public schools) in science, technology, engineering and mathematics (STEM) and create career pathways in aerospace throughout the Commonwealth of Kentucky. We have developed career pathways in flight/aeronautics, aeronautical engineering, space systems engineering, aircraft maintenance, and aviation management/operations. Background Statement The Kentucky Institute for Aerospace Education began its work in February 2010. Why did we create this organization? In 2002, Frankfort High School had started the work on their own aviation/aerospace initiative. In presenting our work at various conferences and events, the question we heard the most from teachers and aviation enthusiasts was, "How did you design and develop your program?". In 2010, we decided to recruit 12 schools from the "lowest hanging fruit" to join us in the work. The first KIAE schools were from Morehead, Bowling Green, Danville, Frankfort, Louisville, Tompkinsville, Glasgow, Greenville, Corbin (2), Lexington, and Campbellsville. These schools from across the Commonwealth had airports close by with exceptional capacity, they had an on-site facilitator (teacher) that organized the work, and they had willing students that were excited about aviation. Once we had our 12 schools, we then moved to create partnerships with various groups, post secondary education, aviation industry organizations, businesses with aviation concentration, and others wishing to join us in the work. Three post secondary institutions immediately wished to join us: Eastern Kentucky University Aviation, University of Kentucky College of Engineering, and the Kentucky Technical College System. To them, we could be a "pipeline" providing their students with a head-start on their education in aerospace (pilot, mechanic, air traffic controller, engineer, and many other careers in aerospace). We also partnered with the Kentucky Aviation Association, UPS, the local Experimental Aviation Association chapters, and other network organizations to build this initiative. Our blueprint is to provide students direct experience with flight, aircraft maintenance, and engineering. This experience weaves in content learning of science, technology, and mathematics. By working with our industry volunteers on this work, our students are learning what it takes to move forward in a career in aerospace. In year 1, we have influenced the lives of over 200 students in Kentucky. As we build this program, we have the the capacity to affect over 500 students in our second year. These students will be the next designer, pilot, aircraft mechanic, or air traffic controller. Impact Statement Accomplishments 1. Created a state-wide network of schools committed to developing an aerospace network (14 public schools from Kentucky) 2. Provided schools resources and support to sustain their local aerospace initiative (flight kits, rc aircraft, free professional development). 3. Developed the KIAE aerospace blueprint that will ensure sustainability and can be used to spread this initiative to other schools. 4. Secured lease at Capital City Airport ($1/yr for 99 years) to build a state aerospace education facility with classrooms, flight simulation, library, operations, and a hangar bay to house 8 of our aircraft. 5.Began Orientation Flights and Flight Training for our students Goals 1.Sustain and scale up KIAE initiative in year 3 to approximately 14 schools throughout the Commonwealth. 2. Provide aerospace resources and toolkits (flight, aircraft maintenance, and engineering) for all KIAE network schools. 3.Capital campaign to build the KIAE aerospace facility at Capital City Airport. 4.Make progress on all airplane projects in the KIAE 5. Increase staff to sustain the KIAE initiative (Certified Flight Instructor, Aircraft Mechanic, and Aerospace Educator) 3

Needs Statement Pressing Needs 1.The KIAE Aerospace Education facility - $950,000 2.KIAE Staff - $200,000 3.Resources for KIAE schools- $65,000 4.Sustaining Aircraft Maintenance (7 aircraft) - $30,000 5.Orientation Flights and Training - $25,000 CEO/Executive Director Statement The Kentucky Institute for Aerospace Education is the only one of its kind in the world. There are pockets of high school aerospace programs scattered in various cities, but this is the only statewide networks providing direct aerospace experiences for students in public education. We take advantage of existing networks and partnerships in order to provide support and resources to our schools. In conclusion, the byproduct of all of this work is that we produce students are high character (precision, persistence, problem solvers and etc.) and perform better in STEM. Board Chair Statement From the governance perspective, the most recent success KIAE has achieved is getting Governor Beshear and his administration on board and working with us to get a permanent facility to work out of at Capital City Airport. We know we do good work with our current facility and budget constraints and are moving to impact students for life. A reliable funding source may always be our biggest challenge. The most important KIAE success is what I see in a students eyes when they realize they can repair a real airplane, then go fly it. People underestimate the specialness of airplanes and flight to the students and we use that specialness to keep the student in school and learning. Our crew of volunteers model for the students appropriate behavior, dress, self esteem and commitment to a long term project and I believe that is an important component of what we teach. Larry Mooney KIAE Board Chairman Service Categories Primary Organization Category Education / Secondary & High Schools Secondary Organization Category Science & Technology / Science & Technology NEC Tertiary Organization Category Science & Technology / Engineering Geographic Areas Served Areas Kentucky Boone County Franklin County Jefferson County Boyle County Christian County Fayette County Franklin County Madison County Monroe Muhlenberg County 4

Rowan County Warren County Metcalfe County Whitley County Will be adding another 6 schools after USDOE grant is funded. 5

Programs Programs KIAE Support and Resources Description Provide flight kits, engineering kits, aircraft maintenance kits, and orientation flights to our network schools. Budget $65,000 Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success Education, General/Other Education & Technology K-12 (5-19 years), US, General/Unspecified Improve student learning in science, technology, engineering, and mathematics. Produce the next generation of aerospace professionals (engineers, pilots, air traffic controllers, aircraft mechanics, and other aerospace careers). Tools that will be used are surveys and direct communication with on-site facilitators. After first cycle has been implemented, we will examine data from state/national assessments for each student that participated in the program. Learning Lab - 7 Aircraft Description We currently have 8 aircraft at the KIAE location in Frankfort, Kentucky. The goal is to maintain, build, or repair these aircraft so that they remain airworthy or become airworthy. Students learn about aircraft systems here. We also provide students with flight instruction at the end of their junior year of high school. Budget 40,000 Category Population Served Education, General/Other Education & Technology K-12 (5-19 years), US, General/Unspecified 6

Program Staff Description The KIAE would like to hire a full time educators and industry specific staff to support state network. We would like to hire a certified flight instructor, A&P mechanic, and aerospace educator. Budget 200000 Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success Education, General/Other Education & Technology K-12 (5-19 years), US, General/Unspecified This staff would provide schools with technical assistance as well as develop toolkits in their specific area of expertise. Produce more aerospace professional entering workforce. Students could earn introductory certifications in flight and aircraft maintenance. Industry level certifications Students moving to aerospace slots in college. We can track our students to see where they go and the programs they have entered. Program Comments CEO Comments Sustaining the KIAE initiative will be challenging especially as we scale up to bring in more schools. It will not only take network support but also the support of folks that buy into our vision for impacting young people in many different ways. 7

Leadership & Staff CEO/Executive Director Executive Director Term Start Feb 2010 Email Dr. William T. Smith tim@kiae.org Experience STEM Educator for 21 years Private Pilot Chief Information Officer in the Frankfort Independent School District Director of the Frankfort HS Aviation Academy Staff Full Time Staff 0 Part Time Staff 0 Volunteers 6 Contractors 0 Retention Rate 0% Management Reports to Board? Staff Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 0 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Staff Demographics - Gender Male 0 Female 0 Unspecified 0 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency nmanagement Formal Evaluation N/A N/A N/A N/A 8

n Management Formal Evaluation Frequency N/A Comments CEO Comments As our organization matures, we will be adding the policies and procedures that would then apply to our organization. State Information Yes 9

Plans & Collaborations Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Management Succession Plan? Organization Policy and Procedures ndiscrimination Policy Whistleblower Policy Document Destruction Policy Under Development Under Development Collaborations We collaborate with the following organizations. Build A Plane and Aeroscholars: Provides free airplanes for schools and high school aviation science course of study. Eastern Kentucky University Aviation: Provides articulation agreement for college credit in aviation science. Experimental Aviation Association and the Young Eagles: Largest general aviation organization and the EAA provides free orientation flights for kids ages 8-17 through their Young Eagles program. Kentucky Aviation Association: Provides the KIAE with conference space during their annual conference. Kentucky Department of Aviation: State government organization that supports aviation and education. Kentucky Department of Education: State government organization supporting education STEM reform. NASA Kentucky: The NASA Kentucky Space Grant Consortium and EPSCoR Programs that support our various aerospace initiatives including sending a KIAE team to Airventure 2010. Skills USA: Supports high school aviation skills and knowledge competition at Shawnee High School in Louisville. University of Kentucky College of Engineering: Supports network engineering competition, Design Build Fly UPS: Provided the KIAE with exhibit space at 2010 KAA conference in Lexington Government Licenses Is your organization licensed by the Government? 10

Board & Governance Board Chair Board Chair Mr. Larry Mooney Company Affiliation Humana Term Feb 2010 to Dec 2012 Email lmooney@humana.com Board Members Name Affiliation Status Mr. Jacob Alvey Frankfort HS Aviation Academy Voting Mr. Gary Brock YUM! Brands Voting Mr. Jim Cline US Army Ret. Voting Mr. Kevin Garrison Retired Voting Mr. Ralph Gibbs Eastern Kentucky University Voting Ms. Deborah Hinton Taylor County High School Voting Ms. Jennifer Jones Commonwealth of Kentucky - AG Voting Mr. Larry Mooney Humana Voting Dr. John Patterson Flight Physician - Private Practice Voting Mr. Mike Pratt UPS Voting Dr. Ron Reimer Embry Riddle Aeronautical University Voting Mr. Dylan Skaggs Student - Taylor Co. HS Voting Ms. Billie Travis Kentucky Department of Education Voting Mr. Victor Unruh Mac Construction Voting Mr. Mike Wagers The Academy at Shawnee Voting Board Demographics - Ethnicity African American/Black 1 Asian American/Pacific Islander 0 Caucasian 14 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 12 Female 3 Unspecified 0 11

Governance Board Term Lengths 1 Board Term Limits 2 Board Meeting Attendance % 64% Written Board Selection Criteria? Written Conflict of Interest Policy? Yes Percentage Making Monetary Contributions 30% Percentage Making In-Kind Contributions 45% Constituency Includes Client Representation Number of Full Board Meetings Annually 4 Board Co-Chair Board CoChair Mr. Gary Brock Company Affiliation YUM! Brands Term Jan 2011 to Dec 2012 Email gary.brock@yumbrands.com Risk Management Provisions Commercial General Liability General Property Coverage Standing Committees Building Administration Capital Campaign Comments CEO Comments We have an excellent board of directors. We have parents, industry representation, teachers, one student, and aviation enthusiasts on the board. As we mature, the KIAE board will need to adapt to meet the needs of our organization. 12

Financials Fiscal Year Fiscal Year Start Jan 01, 2012 Fiscal Year End Dec 31, 2012 Projected Revenue $750,000.00 Projected Expenses $750,000.00 Endowment Value $0.00 Spending Policy Income Only Percentage 0% Detailed Financials Revenue and Expenses Fiscal Year 2010 2009 2008 Total Revenue $50,010 -- -- Total Expenses $25,680 -- -- Revenue Sources Fiscal Year 2010 2009 2008 Foundation and Corporation -- -- -- Contributions Government Contributions $0 $0 $0 Federal -- State -- Local -- Unspecified -- Individual Contributions $11,000 -- -- Indirect Public Support -- -- -- Earned Revenue -- -- -- Investment Income, Net of Losses -- -- -- Membership Dues -- -- -- Special Events -- -- -- Revenue In-Kind $39,010 -- -- Other -- -- -- 13

Expense Allocation Fiscal Year 2010 2009 2008 Program Expense $21,010 -- -- Administration Expense $4,670 -- -- Fundraising Expense -- -- -- Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.95 -- -- Program Expense/Total Expenses 82% -- -- Fundraising Expense/Contributed Revenue 0% -- -- Assets and Liabilities Fiscal Year 2010 2009 2008 Total Assets $50,010 -- -- Current Assets $11,000 -- -- Long-Term Liabilities $0 -- -- Current Liabilities $0 -- -- Total Net Assets $50,010 -- -- Short Term Solvency Fiscal Year 2010 2009 2008 Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Fiscal Year 2010 2009 2008 Long-Term Liabilities/Total Assets 0% -- -- Top Funding Sources Fiscal Year 2010 2009 2008 Top Funding Source & Dollar Amount -- -- -- Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Currently in a Capital Campaign? Yes Campaign Purpose Build a State Aerospace Education Facility at Capital City Airport to conduct business, aerospace education, and house up to 8 aircraft. Goal $1,500,000.00 Dates Dec 2010 to Dec 2012 Amount Raised To Date 0 as of Mar 0 Capital Campaign Anticipated in Next 5 Years? Yes State Registration State Registration Yes Comments CEO Comments 14

Since we are only a few months into our tax exempt status, we have not completed the Form 990 or had an audit of our financials. This will be completed in April 2011 for the 2010 year. Foundation Staff Comments Financial data for 2010 was prepared by the Executive Director. This is a new organization that had not yet filed a Form 990 nor had an audit or review of their financial statements. Financial data for 2011 comes from the 990EZ. Breakdowns of expenses were provided by the Executive Director. 15