Quick charity verification for Hagerstown Aviation Museum Inc (EIN: 202822392)
Verdict: Hagerstown Aviation Museum Inc appears trustworthy
90/100Mission Score
$1.0MRevenue
$8.2MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating volunteer leadership.
Significant asset growth from $1,484,736 in 2020 to $7,979,778 in 2023.
Expenses consistently well below revenue, demonstrating strong financial management.
Low liabilities relative to assets (e.g., $14,285 liabilities vs. $7,979,778 assets in 2023).
Spending Breakdown
How Hagerstown Aviation Museum Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Hagerstown Aviation Museum Inc
Is Hagerstown Aviation Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hagerstown Aviation Museum Inc (EIN: 202822392) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Hagerstown Aviation Museum Inc a good charity to donate to?
Hagerstown Aviation Museum Inc has a Mission Score of 90/100. Revenue: $1.0M. Assets: $8.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hagerstown Aviation Museum Inc?
The Employer Identification Number (EIN) for Hagerstown Aviation Museum Inc is 202822392. 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 Hagerstown Aviation Museum Inc spend its money?
Hagerstown Aviation Museum Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hagerstown Aviation Museum Inc's tax-exempt status?
You can verify Hagerstown Aviation Museum Inc's tax-exempt status using EIN 202822392 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 Hagerstown Aviation Museum Inc. demonstrates strong financial health, particularly in recent years, with significant asset growth from $1,484,736 in 2020 to $7,979,778 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-driven leadership structure which contributes to efficient use of funds. While specific program spending percentages are not provided in the summary data, the low overall expenses relative to revenue in recent periods (e.g., $667,942 expenses against $1,755,142 revenue in 2023) suggest a focus on accumulating assets for its mission, likely related to its museum operations and preservation efforts. The substantial revenue fluctuations, such as the peak of $5,319,963 in 2022, suggest reliance on large, potentially one-time, contributions or grants.