Aviation Insurance Association Education Foundation
EIN: 262603448 · Lexington, KY · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $5 |
| Total Expenses | $9K |
| Net Assets | $60K |
Is Aviation Insurance Association Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aviation Insurance Association Education Foundation
Aviation Insurance Association Education Foundation (EIN: 262603448) is a nonprofit organization based in Lexington, KY, classified under NTEE code T90. The organization reported total revenue of $5 and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aviation Insurance Association Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aviation Insurance Association Education Foundation is a micro nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $9K |
| Surplus / Deficit | +$2K |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 18.6% |
| Months of Reserves | 83.2 months |
Financial Health Grade: A
In 2023, Aviation Insurance Association Education Foundation reported a surplus of $2K with revenue exceeding expenses, holds 83.2 months of operating reserves (strong position).
Financial Trends
Over 15 years of filings (2008–2023), Aviation Insurance Association Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2259.8% | +71.6% | -3.7% |
| 2022 | +177.8% | -34.5% | -6.8% |
| 2021 | -97.3% | -70.7% | -4.7% |
| 2020 | +4193.5% | +91.9% | -24.1% |
| 2019 | -11.0% | +58.0% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aviation Insurance Association Education Foundation 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 Aviation Insurance Association Education Foundation 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 $2K, with revenue exceeding expenses.
Frequently Asked Questions about Aviation Insurance Association Education Foundation
Is Aviation Insurance Association Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aviation Insurance Association Education Foundation (EIN: 262603448) insufficient data. 0 red flags identified, 0 strengths noted.
How does Aviation Insurance Association Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Aviation Insurance Association Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Aviation Insurance Association Education Foundation tax-deductible?
Aviation Insurance Association Education Foundation is registered as a tax-exempt nonprofit (EIN: 262603448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aviation Insurance Association Education Foundation located?
Aviation Insurance Association Education Foundation is headquartered in Lexington, Kentucky and files with the IRS under EIN 262603448. It is classified under NTEE code T90.
How many years of IRS 990 filings does Aviation Insurance Association Education Foundation have?
Aviation Insurance Association Education Foundation has 15 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 $5 in total revenue.
Filing History
IRS 990 filing history for Aviation Insurance Association Education Foundation showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2008–2023), Aviation Insurance Association Education Foundation's revenue has grown by 368.2%, moving from $2K to $11K. Total assets decreased by 51.2% over the same period, from $123K to $60K. Total functional expenses fell by 37.5%, from $14K to $9K. In its most recent filing year (2023), Aviation Insurance Association Education Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $9K | $60K | $0 | — | — |
| 2022 | $450 | $5K | $62K | $4K | — | View 990 |
| 2021 | $162 | $8K | $67K | $4K | — | — |
| 2020 | $6K | $26K | $70K | $0 | — | — |
| 2019 | $138 | $14K | $92K | $2K | — | View 990 |
| 2018 | $155 | $9K | $104K | $0 | — | View 990 |
| 2017 | $50K | $12K | $113K | $0 | — | View 990 |
| 2016 | $994 | $18K | $74K | $0 | — | View 990 |
| 2015 | $2K | $18K | $91K | $0 | — | View 990 |
| 2014 | $82 | $3K | $106K | $0 | — | View 990 |
| 2013 | $3K | $14K | $110K | $0 | — | View 990 |
| 2012 | $11K | $2K | $121K | $0 | — | — |
| 2010 | $5K | $9K | $114K | $0 | — | — |
| 2009 | $489 | $6K | $122K | $5K | — | — |
| 2008 | $2K | $14K | $123K | $120 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $9K, and assets of $60K (revenue +2259.8% year-over-year).
- 2022: Revenue of $450, expenses of $5K, and assets of $62K (revenue +177.8% year-over-year).
- 2021: Revenue of $162, expenses of $8K, and assets of $67K (revenue -97.3% year-over-year).
- 2020: Revenue of $6K, expenses of $26K, and assets of $70K (revenue +4193.5% year-over-year).
- 2019: Revenue of $138, expenses of $14K, and assets of $92K (revenue -11.0% year-over-year).
- 2018: Revenue of $155, expenses of $9K, and assets of $104K (revenue -99.7% year-over-year).
- 2017: Revenue of $50K, expenses of $12K, and assets of $113K (revenue +4950.0% year-over-year).
- 2016: Revenue of $994, expenses of $18K, and assets of $74K (revenue -57.9% year-over-year).
- 2015: Revenue of $2K, expenses of $18K, and assets of $91K (revenue +2780.5% year-over-year).
- 2014: Revenue of $82, expenses of $3K, and assets of $106K (revenue -97.4% year-over-year).
- 2013: Revenue of $3K, expenses of $14K, and assets of $110K (revenue -69.9% year-over-year).
- 2012: Revenue of $11K, expenses of $2K, and assets of $121K (revenue +94.9% year-over-year).
- 2010: Revenue of $5K, expenses of $9K, and assets of $114K (revenue +1005.1% year-over-year).
- 2009: Revenue of $489, expenses of $6K, and assets of $122K (revenue -78.4% year-over-year).
- 2008: Revenue of $2K, expenses of $14K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aviation Insurance Association Education Foundation:
Data Sources and Methodology
This transparency report for Aviation Insurance Association Education Foundation 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.