Quick charity verification for Able Flight Inc (EIN: 205001037)
Verdict: Able Flight Inc appears trustworthy
92/100Mission Score
$322KRevenue
$140KAssets
1Red Flags
4Strengths
Red Flags
Significant operational deficit in 2023 ($172,821 revenue vs. $293,143 expenses), which could be unsustainable if it becomes a trend.
Strengths
Consistent 0% officer compensation across all filings, indicating strong dedication to mission.
No reported liabilities across all filing periods, demonstrating excellent financial stability and low risk.
Healthy and growing asset base, increasing from $136,135 in 2014 to $368,541 in 2023.
Strong historical revenue generation, with latest revenue at $322,483, supporting program activities.
Spending Breakdown
How Able Flight Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Able Flight Inc
Is Able Flight Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Able Flight Inc (EIN: 205001037) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Able Flight Inc a good charity to donate to?
Able Flight Inc has a Mission Score of 92/100. Revenue: $322K. Assets: $140K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Able Flight Inc?
The Employer Identification Number (EIN) for Able Flight Inc is 205001037. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Able Flight Inc spend its money?
Able Flight Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Able Flight Inc's tax-exempt status?
You can verify Able Flight Inc's tax-exempt status using EIN 205001037 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Able Flight Inc demonstrates a strong commitment to its program services, consistently allocating a significant majority of its expenses directly to its mission. For example, in 2023, despite a deficit, the organization maintained a high program spending ratio. The organization's financial health shows some fluctuation in revenue and expenses, with a notable deficit in 2023 where expenses ($293,143) significantly exceeded revenue ($172,821). However, it has maintained a healthy asset base, with assets of $368,541 in 2023 and no reported liabilities across all filing periods, indicating sound financial management and a lack of debt. The consistent reporting of 0% officer compensation across all filings highlights a strong dedication to directing funds towards programs rather than administrative overhead, contributing positively to its transparency and efficiency.
The organization's financial stability appears robust given its consistent asset growth over time, from $136,135 in 2014 to $368,541 in 2023, despite occasional operational deficits. The absence of liabilities is a significant strength, indicating a very low financial risk profile. While the 2023 deficit is a point to monitor, the overall trend of revenue generation and asset accumulation suggests a well-managed, albeit small, nonprofit. The consistent lack of officer compensation further reinforces its commitment to its mission and efficient use of donor funds.