7 B Flying Club Inc
EIN: 814374314 · Sandpoint, ID · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $51K |
| Net Assets | $131K |
Is 7 B Flying Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 7 B Flying Club Inc
7 B Flying Club Inc (EIN: 814374314) is a nonprofit organization based in Sandpoint, ID, classified under NTEE code N50. The organization reported total revenue of $81K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 7 B Flying Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
7 B Flying Club Inc is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $51K |
| Surplus / Deficit | +$26K |
| Total Assets | $141K |
| Total Liabilities | $10K |
| Net Assets | $131K |
| Operating Margin | 33.4% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 33.0 months |
Financial Health Grade: A
In 2023, 7 B Flying Club Inc reported a surplus of $26K with revenue exceeding expenses, holds 33.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), 7 B Flying Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +17.3% | +26.5% |
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 7 B Flying Club Inc 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 7 B Flying Club Inc 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Frequently Asked Questions about 7 B Flying Club Inc
Is 7 B Flying Club Inc a legitimate charity?
7 B Flying Club Inc (EIN: 814374314) is a registered tax-exempt nonprofit based in Idaho. It has 2 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: A.
How does 7 B Flying Club Inc spend its money?
7 B Flying Club Inc reported $81K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 7 B Flying Club Inc tax-deductible?
7 B Flying Club Inc is registered as a tax-exempt nonprofit (EIN: 814374314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 7 B Flying Club Inc located?
7 B Flying Club Inc is headquartered in Sandpoint, Idaho and files with the IRS under EIN 814374314. It is classified under NTEE code N50.
How many years of IRS 990 filings does 7 B Flying Club Inc have?
7 B Flying Club Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $81K in total revenue.
Filing History
IRS 990 filing history for 7 B Flying Club Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), 7 B Flying Club Inc's revenue has grown by 9.8%, moving from $70K to $77K. Total assets increased by 26.5% over the same period, from $112K to $141K. Total functional expenses rose by 17.3%, from $44K to $51K. In its most recent filing year (2023), 7 B Flying Club Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $10K in liabilities against $141K in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $131K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $51K | $141K | $10K | — | — |
| 2022 | $70K | $44K | $112K | $7K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 7 B Flying Club Inc:
Data Sources and Methodology
This transparency report for 7 B Flying Club Inc 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.