Is Build A Plane Legit?

Quick charity verification for Build A Plane (EIN: 204035633)

Verdict: Build A Plane has notable concerns

20/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Build A Plane exhibits a highly volatile financial history, with revenue fluctuating dramatically from $62,313 in 2011 to a peak of $1,677,100 in 2018, followed by a complete cessation of reported activity with $0 revenue and assets in its latest filing. This extreme variability makes consistent financial health assessment challenging. The organization consistently reported 0% officer compensation across all available filings, which is a positive indicator for donor trust and suggests resources are not being diverted to high executive salaries. However, the sudden and complete lack of financial activity in the latest period raises significant concerns about its operational status and long-term viability. Spending efficiency is difficult to ascertain without a detailed breakdown of expenses beyond total expenses. While the organization generally spent less than or close to its revenue in most years, the 2018 period saw expenses of $1,716,708 exceeding revenue of $1,677,100, indicating a deficit. The consistent reporting of 0% officer compensation suggests a commitment to minimizing administrative overhead in that specific area. However, the complete absence of financial data in the latest filing severely impacts transparency, as there is no current information to analyze. Overall, while past filings showed some operational activity and a commitment to not paying officers, the current status of $0 revenue and assets, coupled with the lack of any detailed expense breakdown, presents a very opaque picture. Donors would have no current financial information to evaluate, making it impossible to assess current spending efficiency or program impact. The organization's transparency is severely compromised by its current inactive financial state.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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