Flag Velo Inc
EIN: 800011780 · Flagstaff, AZ · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $132K |
| Net Assets | $169K |
Is Flag Velo Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Flag Velo Inc
Flag Velo Inc (EIN: 800011780) is a nonprofit organization based in Flagstaff, AZ, classified under NTEE code S20. The organization reported total revenue of $72K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flag Velo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flag Velo Inc is a micro nonprofit that has been operating for 13 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $132K |
| Surplus / Deficit | +$45K |
| Total Assets | $169K |
| Net Assets | $169K |
| Operating Margin | 25.7% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Flag Velo Inc reported a surplus of $45K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position).
Financial Trends
Over 15 years of filings (2009–2023), Flag Velo Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +330.7% | +1315.5% | +36.8% |
| 2022 | +0.9% | -30.1% | +34.7% |
| 2021 | +64.5% | -86.4% | +42.8% |
| 2020 | -50.2% | +153.2% | -53.3% |
| 2019 | -61.4% | -29.7% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Flag Velo 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 Flag Velo 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 $45K, with revenue exceeding expenses.
Frequently Asked Questions about Flag Velo Inc
Is Flag Velo Inc a legitimate charity?
Flag Velo Inc (EIN: 800011780) is a registered tax-exempt nonprofit based in Arizona. It has 15 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. Financial health grade: A.
How does Flag Velo Inc spend its money?
Flag Velo Inc reported $72K in total revenue in IRS 990 filings. 15 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Flag Velo Inc tax-deductible?
Flag Velo Inc is registered as a tax-exempt nonprofit (EIN: 800011780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Flag Velo Inc located?
Flag Velo Inc is headquartered in Flagstaff, Arizona and files with the IRS under EIN 800011780. It is classified under NTEE code S20.
How many years of IRS 990 filings does Flag Velo Inc have?
Flag Velo Inc 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 $72K in total revenue.
Filing History
IRS 990 filing history for Flag Velo Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Flag Velo Inc's revenue has grown by 506.4%, moving from $29K to $177K. Total assets increased by 1375.7% over the same period, from $11K to $169K. Total functional expenses rose by 342.2%, from $30K to $132K. In its most recent filing year (2023), Flag Velo Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $132K | $169K | $0 | — | — |
| 2022 | $41K | $9K | $123K | $0 | — | View 990 |
| 2021 | $41K | $13K | $92K | $0 | — | — |
| 2020 | $25K | $98K | $64K | $0 | — | — |
| 2019 | $50K | $39K | $137K | $0 | — | View 990 |
| 2018 | $129K | $55K | $126K | $0 | — | View 990 |
| 2017 | $47K | $49K | $52K | $0 | — | — |
| 2016 | $24K | $37K | $55K | $0 | — | View 990 |
| 2015 | $64K | $49K | $68K | $0 | — | View 990 |
| 2014 | $52K | $46K | $52K | $0 | — | View 990 |
| 2013 | $55K | $34K | $46K | $0 | — | View 990 |
| 2012 | $28K | $38K | $25K | $0 | — | View 990 |
| 2011 | $38K | $24K | $35K | $0 | — | View 990 |
| 2010 | $35K | $25K | $21K | $0 | — | View 990 |
| 2009 | $29K | $30K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $132K, and assets of $169K (revenue +330.7% year-over-year).
- 2022: Revenue of $41K, expenses of $9K, and assets of $123K (revenue +0.9% year-over-year).
- 2021: Revenue of $41K, expenses of $13K, and assets of $92K (revenue +64.5% year-over-year).
- 2020: Revenue of $25K, expenses of $98K, and assets of $64K (revenue -50.2% year-over-year).
- 2019: Revenue of $50K, expenses of $39K, and assets of $137K (revenue -61.4% year-over-year).
- 2018: Revenue of $129K, expenses of $55K, and assets of $126K (revenue +172.6% year-over-year).
- 2017: Revenue of $47K, expenses of $49K, and assets of $52K (revenue +94.9% year-over-year).
- 2016: Revenue of $24K, expenses of $37K, and assets of $55K (revenue -62.3% year-over-year).
- 2015: Revenue of $64K, expenses of $49K, and assets of $68K (revenue +24.4% year-over-year).
- 2014: Revenue of $52K, expenses of $46K, and assets of $52K (revenue -5.9% year-over-year).
- 2013: Revenue of $55K, expenses of $34K, and assets of $46K (revenue +94.8% year-over-year).
- 2012: Revenue of $28K, expenses of $38K, and assets of $25K (revenue -25.9% year-over-year).
- 2011: Revenue of $38K, expenses of $24K, and assets of $35K (revenue +10.0% year-over-year).
- 2010: Revenue of $35K, expenses of $25K, and assets of $21K (revenue +18.5% year-over-year).
- 2009: Revenue of $29K, expenses of $30K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flag Velo Inc:
Data Sources and Methodology
This transparency report for Flag Velo 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.