Owners receive itemized monthly statements at actual vendor cost, supported by receipts. Our compensation is defined in the management agreement and is the only revenue we earn from the relationship.
Each of these is written into the management agreement signed by every Barnabas client. None are aspirational. All are auditable.
Every fuel, maintenance, hangar, crew, insurance, and ground service invoice is passed through at the exact amount paid. We do not mark up. We do not add coordination fees. We do not retain volume rebates without disclosing them.
Every line item on every monthly statement links to the underlying vendor invoice. If we cannot show you the receipt, we will not bill you for it. Period.
The management fee set out in the owner's agreement is the only revenue we retain. Any commission, rebate, or referral payment we receive from a third party in connection with the aircraft is disclosed on your statement and credited back to you in full.
If we receive any benefit from a vendor — a discount, a rebate, a volume credit, a referral fee — it is disclosed on your statement and credited back to you. Always. We cannot serve two principals; we serve only the owner.
Below is a representative monthly statement. Every category appears as a separate line item. Every vendor and reference number is shown. Every receipt is one click away.
| Category | Vendor / Reference | Amount |
|---|---|---|
Monthly Management Fee Barnabas Aviation · flat retainer | Disclosed at signing | $4,000 |
Scheduled Maintenance — 100hr Rocky Mtn Avionics · INV-2204 | Receipt attached | $3,840 |
Fuel — KAPA / KASE / KDEN Signature FBO · 3 stops | Receipt attached | $2,980 |
Hangar — April Centennial Airport | Invoice on file | $1,800 |
Crew — Contract Pilot Per diem + travel reimbursement | Receipts attached | $1,440 |
Insurance Premium USAIG · Policy #AV-4481 | Monthly proration | $760 |
| Net Amount Due | $14,820 | |
Trust is earned line by line. Every Barnabas client has the right — written into the management agreement — to verify our books at any time, with or without notice.
Any vendor invoice referenced on your statement can be requested in original form and produced within one business day. The portal stores digital copies; the originals are filed and retrievable.
Owners may, at any time, send their own accountant or auditor to inspect every vendor invoice, every receipt, and every revenue record relating to their aircraft. We cooperate fully and bear our own cost in supporting the audit.
Owners may contact any vendor on a statement directly to confirm the invoiced amount and the absence of any rebate or kickback to Barnabas. We will not stand between you and the truth.
We will redact the names and walk you through a real client statement. No NDA needed for the conversation.