Blackhawk Flight Foundation Inc
Blackhawk Flight Foundation Inc. consistently carries significant liabilities far exceeding its assets.
EIN: 10876757 · Mandeville, LA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $13K |
| Program Spending | 70% |
| Net Assets | $-37,570 |
| Transparency Score | 45/100 |
Is Blackhawk Flight Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blackhawk Flight Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Blackhawk Flight Foundation Inc
Blackhawk Flight Foundation Inc (EIN: 10876757) is a nonprofit organization based in Mandeville, LA, classified under NTEE code B82. The organization reported total revenue of $200K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blackhawk Flight Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blackhawk Flight Foundation Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -13.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $13K |
| Surplus / Deficit | +$486 |
| Total Assets | $2K |
| Total Liabilities | $39K |
| Net Assets | $-37,570 |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 2325.7% |
| Months of Reserves | 1.6 months |
Financial Health Grade: B
In 2022, Blackhawk Flight Foundation Inc reported a surplus of $486 with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 2325.7% (high leverage).
Financial Trends
Over 13 years of filings (2010–2022), Blackhawk Flight Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +10.4% | +84.6% | -75.6% |
| 2021 | +36.5% | -35.4% | +6.5% |
| 2020 | -84.6% | -82.7% | +268.1% |
| 2019 | +397.2% | +155.4% | -0.7% |
| 2018 | -90.1% | -80.0% | -81.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Blackhawk Flight Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Blackhawk Flight Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $486, with revenue exceeding expenses.
- Debt-to-asset ratio: 2325.7%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for donor perception and efficient use of funds.
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 Blackhawk Flight Foundation Inc's IRS 990 filings:
- Persistent and significant liabilities far exceeding assets (e.g., 2022: $1,688 assets vs. $39,258 liabilities)
- Frequent periods where expenses exceed revenue, indicating potential operational deficits (e.g., 2019: $61,601 expenses vs. $56,978 revenue)
- Low asset accumulation despite fluctuating revenue, suggesting limited financial reserves
- Lack of detailed expense breakdown to assess program efficiency beyond high-level totals
Strengths
The following positive indicators were identified for Blackhawk Flight Foundation Inc:
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership
- Consistent filing of IRS 990 forms, demonstrating a commitment to regulatory compliance
- Latest revenue of $199,690 shows a capacity to attract significant funding in some periods
Frequently Asked Questions about Blackhawk Flight Foundation Inc
Is Blackhawk Flight Foundation Inc a legitimate charity?
Blackhawk Flight Foundation Inc (EIN: 10876757) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $200K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Blackhawk Flight Foundation Inc spend its money?
Blackhawk Flight Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Blackhawk Flight Foundation Inc tax-deductible?
Blackhawk Flight Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10876757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blackhawk Flight Foundation Inc's spending goes to programs?
Blackhawk Flight Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Blackhawk Flight Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Blackhawk Flight Foundation Inc is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blackhawk Flight Foundation Inc located?
Blackhawk Flight Foundation Inc is headquartered in Mandeville, Louisiana and files with the IRS under EIN 10876757. It is classified under NTEE code B82.
How many years of IRS 990 filings does Blackhawk Flight Foundation Inc have?
Blackhawk Flight Foundation 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 $200K in total revenue.
Why do liabilities consistently far exceed assets?
The filings show a persistent pattern where liabilities are significantly higher than assets, for example, $39,258 in liabilities vs. $1,688 in assets in 2022. This suggests potential solvency issues or a reliance on specific funding structures that create these liabilities.
What is the nature of the significant liabilities reported?
Without further detail from the IRS 990 forms, the specific nature of these liabilities (e.g., program-related debt, operational debt, deferred revenue) is unclear, but they are a dominant feature of the financial statements.
How does the organization plan to improve its asset-to-liability ratio?
The consistent imbalance between assets and liabilities across multiple years (e.g., 2021: $6,924 assets vs. $44,980 liabilities) indicates a need for a clear strategy to build reserves or reduce debt to ensure long-term financial stability.
What are the primary program activities and how are funds allocated to them?
While the NTEE code B82 suggests a focus on 'Air Transportation & Aviation,' the provided data lacks specific breakdowns of program expenses, making it difficult to assess the direct impact of spending on mission-related activities.
Filing History
IRS 990 filing history for Blackhawk Flight Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Blackhawk Flight Foundation Inc's revenue has declined by 83%, moving from $77K to $13K. Total assets decreased by 32.2% over the same period, from $2K to $2K. Total functional expenses fell by 82.9%, from $74K to $13K. In its most recent filing year (2022), Blackhawk Flight Foundation Inc reported a surplus of $486, with revenue exceeding expenses. The organization holds $39K in liabilities against $2K in assets (debt-to-asset ratio: 2325.7%), resulting in net assets of $-37,570.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $13K | $13K | $2K | $39K | — | — |
| 2021 | $12K | $7K | $7K | $45K | — | View 990 |
| 2020 | $9K | $11K | $7K | $50K | — | View 990 |
| 2019 | $57K | $62K | $2K | $43K | — | — |
| 2018 | $11K | $24K | $2K | $38K | — | View 990 |
| 2017 | $116K | $120K | $10K | $34K | — | — |
| 2016 | $37K | $59K | $12K | $31K | — | View 990 |
| 2015 | $119K | $101K | $39K | $37K | — | View 990 |
| 2014 | $68K | $98K | $21K | $37K | — | View 990 |
| 2013 | $130K | $154K | $54K | $40K | — | View 990 |
| 2012 | $165K | $106K | $72K | $34K | — | View 990 |
| 2011 | $98K | $106K | $2K | $22K | — | View 990 |
| 2010 | $77K | $74K | $2K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $13K, expenses of $13K, and assets of $2K (revenue +10.4% year-over-year).
- 2021: Revenue of $12K, expenses of $7K, and assets of $7K (revenue +36.5% year-over-year).
- 2020: Revenue of $9K, expenses of $11K, and assets of $7K (revenue -84.6% year-over-year).
- 2019: Revenue of $57K, expenses of $62K, and assets of $2K (revenue +397.2% year-over-year).
- 2018: Revenue of $11K, expenses of $24K, and assets of $2K (revenue -90.1% year-over-year).
- 2017: Revenue of $116K, expenses of $120K, and assets of $10K (revenue +212.6% year-over-year).
- 2016: Revenue of $37K, expenses of $59K, and assets of $12K (revenue -68.8% year-over-year).
- 2015: Revenue of $119K, expenses of $101K, and assets of $39K (revenue +74.5% year-over-year).
- 2014: Revenue of $68K, expenses of $98K, and assets of $21K (revenue -47.3% year-over-year).
- 2013: Revenue of $130K, expenses of $154K, and assets of $54K (revenue -21.7% year-over-year).
- 2012: Revenue of $165K, expenses of $106K, and assets of $72K (revenue +68.9% year-over-year).
- 2011: Revenue of $98K, expenses of $106K, and assets of $2K (revenue +26.5% year-over-year).
- 2010: Revenue of $77K, expenses of $74K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blackhawk Flight Foundation Inc:
Data Sources and Methodology
This transparency report for Blackhawk Flight Foundation 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.