51 St Aero Squadron Llc
EIN: 461888424 · Indian Spgs, AL · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $213K |
| Net Assets | $255K |
Is 51 St Aero Squadron Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 51 St Aero Squadron Llc
51 St Aero Squadron Llc (EIN: 461888424) is a nonprofit organization based in Indian Spgs, AL, classified under NTEE code N50. The organization reported total revenue of $244K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 51 St Aero Squadron Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
51 St Aero Squadron Llc is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $213K |
| Surplus / Deficit | +$31K |
| Total Assets | $385K |
| Total Liabilities | $130K |
| Net Assets | $255K |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, 51 St Aero Squadron Llc reported a surplus of $31K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 6 years of filings (2016–2023), 51 St Aero Squadron Llc's revenue has grown at a compound annual growth rate (CAGR) of 14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.8% | -16.6% | +4.7% |
| 2022 | +39.4% | +31.2% | -12.3% |
| 2021 | +13.2% | +43.0% | +125.6% |
| 2018 | +98.6% | +72.6% | +14.1% |
| 2017 | -6.0% | +4.0% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 51 St Aero Squadron Llc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 51 St Aero Squadron Llc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Frequently Asked Questions about 51 St Aero Squadron Llc
Is 51 St Aero Squadron Llc a legitimate charity?
51 St Aero Squadron Llc (EIN: 461888424) is a registered tax-exempt nonprofit based in Alabama. It has 6 years of IRS 990 filings on record. Total revenue: $244K. No red flags identified. Financial health grade: A.
How does 51 St Aero Squadron Llc spend its money?
51 St Aero Squadron Llc reported $244K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 51 St Aero Squadron Llc tax-deductible?
51 St Aero Squadron Llc is registered as a tax-exempt nonprofit (EIN: 461888424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 51 St Aero Squadron Llc located?
51 St Aero Squadron Llc is headquartered in Indian Spgs, Alabama and files with the IRS under EIN 461888424. It is classified under NTEE code N50.
How many years of IRS 990 filings does 51 St Aero Squadron Llc have?
51 St Aero Squadron Llc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $244K in total revenue.
Filing History
IRS 990 filing history for 51 St Aero Squadron Llc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), 51 St Aero Squadron Llc's revenue has grown by 159.9%, moving from $94K to $244K. Total assets increased by 165.9% over the same period, from $145K to $385K. Total functional expenses rose by 180.6%, from $76K to $213K. In its most recent filing year (2023), 51 St Aero Squadron Llc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $130K in liabilities against $385K in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $255K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $213K | $385K | $130K | — | View 990 |
| 2022 | $277K | $256K | $368K | $144K | — | — |
| 2021 | $199K | $195K | $420K | $157K | — | View 990 |
| 2018 | $176K | $136K | $186K | $79K | — | View 990 |
| 2017 | $88K | $79K | $163K | $95K | — | View 990 |
| 2016 | $94K | $76K | $145K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $213K, and assets of $385K (revenue -11.8% year-over-year).
- 2022: Revenue of $277K, expenses of $256K, and assets of $368K (revenue +39.4% year-over-year).
- 2021: Revenue of $199K, expenses of $195K, and assets of $420K (revenue +13.2% year-over-year).
- 2018: Revenue of $176K, expenses of $136K, and assets of $186K (revenue +98.6% year-over-year).
- 2017: Revenue of $88K, expenses of $79K, and assets of $163K (revenue -6.0% year-over-year).
- 2016: Revenue of $94K, expenses of $76K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 51 St Aero Squadron Llc:
Data Sources and Methodology
This transparency report for 51 St Aero Squadron Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.