Quick charity verification for Thunder In The Valley Air Show Inc (EIN: 202431162)
Verdict: Thunder In The Valley Air Show Inc shows mixed signals
55/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filings show $0 revenue and assets, indicating potential inactivity or cessation of operations.
Consistent near-break-even operations historically, leaving little room for reserves or growth.
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer leadership.
History of filing IRS 990s, demonstrating transparency in reporting.
Historically managed expenses tightly against revenue.
Spending Breakdown
How Thunder In The Valley Air Show Inc 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 Thunder In The Valley Air Show Inc
Is Thunder In The Valley Air Show Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thunder In The Valley Air Show Inc (EIN: 202431162) shows mixed signals. Mission Score: 55/100. 2 red flags identified, 3 strengths noted.
Is Thunder In The Valley Air Show Inc a good charity to donate to?
Thunder In The Valley Air Show Inc has a Mission Score of 55/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Thunder In The Valley Air Show Inc?
The Employer Identification Number (EIN) for Thunder In The Valley Air Show Inc is 202431162. 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 Thunder In The Valley Air Show Inc spend its money?
Thunder In The Valley Air Show Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Thunder In The Valley Air Show Inc's tax-exempt status?
You can verify Thunder In The Valley Air Show Inc's tax-exempt status using EIN 202431162 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
Thunder In The Valley Air Show Inc appears to be a small, event-focused organization with a history of operating near break-even. For example, in 2017, it reported revenue of $234,061 against expenses of $233,945, indicating very tight margins. The organization consistently reports zero revenue and assets in its latest filings, which suggests it may no longer be actively operating or is in a dormant state. Its financial health, based on historical data, shows it managed its expenses closely to its revenue, maintaining modest asset levels (e.g., $58,840 in 2017). The lack of recent financial activity makes a current assessment of financial health difficult.
Spending efficiency is hard to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent near-zero net income suggests that most revenue was expended on operations. The organization's transparency is good in terms of filing its IRS 990s, with 8 filings available. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean executive structure, which is a positive sign for donor confidence regarding executive pay.
The primary concern for this organization is its current status, given the latest reported revenue and assets of $0. This could indicate a cessation of operations, which would significantly impact its ability to fulfill any mission. Without more recent operational data, it's challenging to assess its current financial health or spending efficiency beyond its historical pattern of tight financial management.