Is Aerospace Futures Alliance Of Washington Legit?
Quick charity verification for Aerospace Futures Alliance Of Washington (EIN: 205001571)
Verdict: Aerospace Futures Alliance Of Washington appears trustworthy
85/100Mission Score
$485KRevenue
$124KAssets
2Red Flags
3Strengths
Red Flags
Fluctuating revenue and asset base could indicate inconsistent funding or strategic shifts.
Operating near break-even consistently means limited reserves for unexpected challenges.
Strengths
Consistent 0% officer compensation, indicating efficient use of funds.
Long and consistent IRS 990 filing history, demonstrating transparency.
Expenses closely track revenues, suggesting responsible budgeting and spending.
Spending Breakdown
How Aerospace Futures Alliance Of Washington allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Aerospace Futures Alliance Of Washington
Is Aerospace Futures Alliance Of Washington a legitimate charity?
Based on AI analysis of IRS 990 filings, Aerospace Futures Alliance Of Washington (EIN: 205001571) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Aerospace Futures Alliance Of Washington a good charity to donate to?
Aerospace Futures Alliance Of Washington has a Mission Score of 85/100. Revenue: $485K. Assets: $124K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aerospace Futures Alliance Of Washington?
The Employer Identification Number (EIN) for Aerospace Futures Alliance Of Washington is 205001571. 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 Aerospace Futures Alliance Of Washington spend its money?
Aerospace Futures Alliance Of Washington allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aerospace Futures Alliance Of Washington's tax-exempt status?
You can verify Aerospace Futures Alliance Of Washington's tax-exempt status using EIN 205001571 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
The Aerospace Futures Alliance Of Washington demonstrates consistent operational activity, with revenues fluctuating over the past several years, ranging from a low of $256,156 in 2015 to a high of $806,523 in 2021. The organization generally operates near break-even, with expenses closely tracking revenues. For instance, in 2023, revenues were $489,873 against expenses of $490,953, indicating a slight deficit. This pattern suggests a focus on utilizing funds for current operations rather than accumulating significant reserves, as evidenced by relatively modest asset levels (e.g., $99,691 in 2023).
Spending efficiency appears to be maintained, given the consistent near-zero officer compensation across all reported periods, which is a positive indicator of resource allocation towards programmatic or operational costs rather than executive salaries. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The organization's assets have shown some volatility, peaking at $521,895 in 2018 before declining to $99,691 in 2023, which could reflect strategic spending or operational needs.
Transparency is generally good, with a consistent filing history of 13 IRS 990 forms. The consistent reporting of 0% officer compensation across all filings is a strong positive for transparency regarding executive pay. However, the absence of detailed functional expense breakdowns in the provided summary limits a deeper analysis of how funds are specifically allocated across programs, administration, and fundraising. Further scrutiny of the full 990 forms would be necessary to fully assess spending efficiency and program impact.