Aircraft Builders Council Inc
Aircraft Builders Council Inc. maintains stable finances with no reported officer compensation and significantly reduced liabilities.
EIN: 133453493 · Minneapolis, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $386K |
| Program Spending | 85% |
| Net Assets | $340K |
| Transparency Score | 85/100 |
Is Aircraft Builders Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aircraft Builders Council Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aircraft Builders Council Inc
Aircraft Builders Council Inc (EIN: 133453493) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $404K and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aircraft Builders Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aircraft Builders Council Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $405K |
| Total Expenses | $386K |
| Surplus / Deficit | +$19K |
| Total Assets | $347K |
| Total Liabilities | $7K |
| Net Assets | $340K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Aircraft Builders Council Inc reported a surplus of $19K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aircraft Builders Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | -4.1% | -18.8% |
| 2022 | +14.9% | +9.8% | +0.2% |
| 2021 | +73.1% | +131.6% | -5.0% |
| 2020 | -49.6% | -50.1% | +12.3% |
| 2019 | +4.9% | -12.2% | +25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aircraft Builders Council Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aircraft Builders Council Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Aircraft Builders Council Inc. consistently reports 0% officer compensation across all available filings, indicating a volunteer-driven leadership or extremely low executive overhead, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aircraft Builders Council Inc's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of mission alignment and industry benchmarks.
Strengths
The following positive indicators were identified for Aircraft Builders Council Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Significant reduction in liabilities from $113,305 in 2020 to $7,461 in 2023, demonstrating strong financial management.
- Generally positive net income in recent years (e.g., $19,049 in 2023), indicating financial stability.
- Stable revenue generation over multiple years, suggesting consistent support or operational activity.
Frequently Asked Questions about Aircraft Builders Council Inc
Is Aircraft Builders Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aircraft Builders Council Inc (EIN: 133453493) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Aircraft Builders Council Inc spend its money?
Aircraft Builders Council Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aircraft Builders Council Inc tax-deductible?
Aircraft Builders Council Inc is registered as a tax-exempt nonprofit (EIN: 133453493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aircraft Builders Council Inc's spending goes to programs?
Aircraft Builders Council Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Aircraft Builders Council Inc located?
Aircraft Builders Council Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 133453493.
How many years of IRS 990 filings does Aircraft Builders Council Inc have?
Aircraft Builders Council Inc has 13 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 $404K in total revenue.
What are the specific program activities of Aircraft Builders Council Inc.?
The provided data does not detail the specific program activities. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments) would be necessary.
How does Aircraft Builders Council Inc. manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation falls below reporting thresholds or is categorized differently, which is a strong indicator of efficiency.
What caused the significant reduction in liabilities from $113,305 in 2020 to $7,461 in 2023?
The data indicates a substantial decrease in liabilities, suggesting effective debt management or resolution of outstanding obligations. A review of their full IRS Form 990, Part X (Balance Sheet) and Schedule D (Supplemental Financial Statements) would provide more details on the nature of these liabilities and their reduction.
Filing History
IRS 990 filing history for Aircraft Builders Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aircraft Builders Council Inc's revenue has grown by 57.7%, moving from $257K to $405K. Total assets increased by 29.6% over the same period, from $268K to $347K. Total functional expenses rose by 46.2%, from $264K to $386K. In its most recent filing year (2023), Aircraft Builders Council Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $7K in liabilities against $347K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $340K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $405K | $386K | $347K | $7K | — | View 990 |
| 2022 | $403K | $403K | $428K | $107K | — | View 990 |
| 2021 | $351K | $367K | $427K | $107K | — | View 990 |
| 2020 | $203K | $158K | $450K | $113K | — | — |
| 2019 | $402K | $317K | $400K | $108K | — | View 990 |
| 2018 | $384K | $361K | $318K | $111K | — | View 990 |
| 2017 | $366K | $357K | $295K | $111K | — | View 990 |
| 2016 | $343K | $320K | $282K | $106K | — | View 990 |
| 2015 | $324K | $333K | $255K | $103K | — | View 990 |
| 2014 | $301K | $302K | $264K | $103K | — | View 990 |
| 2013 | $272K | $276K | $264K | $103K | — | View 990 |
| 2012 | $267K | $266K | $271K | $105K | — | View 990 |
| 2011 | $257K | $264K | $268K | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $405K, expenses of $386K, and assets of $347K (revenue +0.5% year-over-year).
- 2022: Revenue of $403K, expenses of $403K, and assets of $428K (revenue +14.9% year-over-year).
- 2021: Revenue of $351K, expenses of $367K, and assets of $427K (revenue +73.1% year-over-year).
- 2020: Revenue of $203K, expenses of $158K, and assets of $450K (revenue -49.6% year-over-year).
- 2019: Revenue of $402K, expenses of $317K, and assets of $400K (revenue +4.9% year-over-year).
- 2018: Revenue of $384K, expenses of $361K, and assets of $318K (revenue +4.8% year-over-year).
- 2017: Revenue of $366K, expenses of $357K, and assets of $295K (revenue +6.7% year-over-year).
- 2016: Revenue of $343K, expenses of $320K, and assets of $282K (revenue +5.8% year-over-year).
- 2015: Revenue of $324K, expenses of $333K, and assets of $255K (revenue +7.6% year-over-year).
- 2014: Revenue of $301K, expenses of $302K, and assets of $264K (revenue +10.8% year-over-year).
- 2013: Revenue of $272K, expenses of $276K, and assets of $264K (revenue +1.8% year-over-year).
- 2012: Revenue of $267K, expenses of $266K, and assets of $271K (revenue +4.0% year-over-year).
- 2011: Revenue of $257K, expenses of $264K, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aircraft Builders Council Inc:
Data Sources and Methodology
This transparency report for Aircraft Builders Council 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.