Flight4 Cf Inc
Flight4 Cf Inc faces financial instability with recurring deficits and growing liabilities, despite zero executive compensation.
EIN: 203960671 · Georgetown, MA · NTEE: H12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $41K |
| Program Spending | 70% |
| Net Assets | $-29,312 |
| Transparency Score | 60/100 |
Is Flight4 Cf Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flight4 Cf Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Flight4 Cf Inc
Flight4 Cf Inc (EIN: 203960671) is a nonprofit organization based in Georgetown, MA, classified under NTEE code H12. The organization reported total revenue of $235K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flight4 Cf Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flight4 Cf Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $41K |
| Surplus / Deficit | $-21,698 |
| Total Assets | $12K |
| Total Liabilities | $41K |
| Net Assets | $-29,312 |
| Operating Margin | -112.4% |
| Debt-to-Asset Ratio | 346.4% |
| Months of Reserves | 3.5 months |
Financial Health Grade: C
In 2023, Flight4 Cf Inc reported a deficit of $22K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 346.4% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Flight4 Cf Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +865.5% | +962.9% | +753.4% |
| 2020 | -100.0% | -76.4% | -44.3% |
| 2019 | -95.8% | -92.6% | -59.9% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Flight4 Cf Inc with a Mission Score of 60 out of 100 (Good). 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, Flight4 Cf Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 346.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all seven filings, indicating that no officers or key employees receive salaries, which is highly commendable for an organization 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 Flight4 Cf Inc's IRS 990 filings:
- Recurring operational deficits, with expenses frequently exceeding revenue (e.g., $41,008 expenses vs. $19,310 revenue in 2023).
- Liabilities significantly exceed assets in recent years ($41,208 liabilities vs. $11,896 assets in 2023).
- Highly inconsistent revenue streams across different filing periods, indicating potential funding instability.
Strengths
The following positive indicators were identified for Flight4 Cf Inc:
- Consistent 0% officer compensation, demonstrating a strong commitment to directing funds to the mission.
- Long filing history (7 filings) indicates a degree of organizational longevity and compliance.
Frequently Asked Questions about Flight4 Cf Inc
Is Flight4 Cf Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flight4 Cf Inc (EIN: 203960671) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Flight4 Cf Inc spend its money?
Flight4 Cf Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Flight4 Cf Inc tax-deductible?
Flight4 Cf Inc is registered as a tax-exempt nonprofit (EIN: 203960671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Flight4 Cf Inc's spending goes to programs?
Flight4 Cf Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Flight4 Cf Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Flight4 Cf Inc is above average for NTEE category H12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Flight4 Cf Inc located?
Flight4 Cf Inc is headquartered in Georgetown, Massachusetts and files with the IRS under EIN 203960671. It is classified under NTEE code H12.
How many years of IRS 990 filings does Flight4 Cf Inc have?
Flight4 Cf Inc has 7 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 $235K in total revenue.
Is Flight4 Cf Inc financially sustainable?
Based on the filings, Flight4 Cf Inc has experienced recurring operational deficits, with expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2021, 2020, 2019). Its liabilities ($41,208 in 2023) significantly outweigh its assets ($11,896 in 2023), raising concerns about its long-term financial sustainability.
How does Flight4 Cf Inc manage its liabilities?
The organization's liabilities have grown significantly, reaching $41,208 in 2023, while assets were only $11,896. This indicates a substantial debt burden relative to its financial resources, suggesting potential challenges in managing its obligations.
What is the primary source of Flight4 Cf Inc's funding?
Revenue has been highly inconsistent, ranging from $0 in 2020 and 2021 to $113,935 in 2018 and $19,310 in 2023. The filings do not provide a detailed breakdown of revenue sources, making it difficult to pinpoint a primary funding stream.
Does Flight4 Cf Inc rely heavily on volunteers?
The consistent reporting of 0% officer compensation strongly suggests that the organization relies heavily on volunteer efforts for its operations and leadership, as no salaries are paid to its executives.
Filing History
IRS 990 filing history for Flight4 Cf Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Flight4 Cf Inc's revenue has grown by 138.8%, moving from $8K to $19K. Total assets increased by 325.5% over the same period, from $3K to $12K. Total functional expenses rose by 675.3%, from $5K to $41K. In its most recent filing year (2023), Flight4 Cf Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $41K in liabilities against $12K in assets (debt-to-asset ratio: 346.4%), resulting in net assets of $-29,312.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $41K | $12K | $41K | — | View 990 |
| 2022 | $2K | $4K | $1K | $9K | — | View 990 |
| 2021 | $0 | $2K | $819 | $7K | — | View 990 |
| 2020 | $0 | $2K | $1K | $5K | — | View 990 |
| 2019 | $5K | $8K | $2K | $4K | — | View 990 |
| 2018 | $114K | $114K | $6K | $4K | — | View 990 |
| 2017 | $8K | $5K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $41K, and assets of $12K (revenue +865.5% year-over-year).
- 2022: Revenue of $2K, expenses of $4K, and assets of $1K.
- 2021: Revenue of $0, expenses of $2K, and assets of $819.
- 2020: Revenue of $0, expenses of $2K, and assets of $1K (revenue -100.0% year-over-year).
- 2019: Revenue of $5K, expenses of $8K, and assets of $2K (revenue -95.8% year-over-year).
- 2018: Revenue of $114K, expenses of $114K, and assets of $6K (revenue +1309.2% year-over-year).
- 2017: Revenue of $8K, expenses of $5K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flight4 Cf Inc:
Data Sources and Methodology
This transparency report for Flight4 Cf 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.