Flying Cloud Institute Inc
EIN: 42730172 · Gt Barrington, MA · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $425K |
| Net Assets | $926K |
Is Flying Cloud Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Flying Cloud Institute Inc
Flying Cloud Institute Inc (EIN: 42730172) is a nonprofit organization based in Gt Barrington, MA, classified under NTEE code C30. The organization reported total revenue of $528K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flying Cloud Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flying Cloud Institute Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $593K |
| Total Expenses | $425K |
| Surplus / Deficit | +$167K |
| Total Assets | $1.0M |
| Total Liabilities | $85K |
| Net Assets | $926K |
| Operating Margin | 28.2% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 28.5 months |
Financial Health Grade: A
In 2023, Flying Cloud Institute Inc reported a surplus of $167K with revenue exceeding expenses, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Flying Cloud Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +6.9% | +47.6% |
| 2022 | -9.0% | +13.8% | +23.2% |
| 2021 | +43.7% | +17.0% | +61.5% |
| 2020 | +14.1% | -16.0% | +54.7% |
| 2019 | -12.2% | -14.6% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Flying Cloud Institute 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 Flying Cloud Institute 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 $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Flying Cloud Institute Inc
Is Flying Cloud Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flying Cloud Institute Inc (EIN: 42730172) insufficient data. 0 red flags identified, 0 strengths noted.
How does Flying Cloud Institute Inc spend its money?
Detailed spending breakdown data is not yet available for Flying Cloud Institute Inc. Check back for updated IRS 990 analysis.
Are donations to Flying Cloud Institute Inc tax-deductible?
Flying Cloud Institute Inc is registered as a tax-exempt nonprofit (EIN: 42730172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Flying Cloud Institute Inc located?
Flying Cloud Institute Inc is headquartered in Gt Barrington, Massachusetts and files with the IRS under EIN 42730172. It is classified under NTEE code C30.
How many years of IRS 990 filings does Flying Cloud Institute Inc have?
Flying Cloud Institute 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 $528K in total revenue.
Filing History
IRS 990 filing history for Flying Cloud Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Flying Cloud Institute Inc's revenue has grown by 130.3%, moving from $257K to $593K. Total assets increased by 507% over the same period, from $167K to $1.0M. Total functional expenses rose by 91.5%, from $222K to $425K. In its most recent filing year (2023), Flying Cloud Institute Inc reported a surplus of $167K, with revenue exceeding expenses. The organization holds $85K in liabilities against $1.0M in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $926K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $593K | $425K | $1.0M | $85K | — | — |
| 2022 | $506K | $398K | $685K | $31K | — | View 990 |
| 2021 | $556K | $350K | $556K | $11K | — | — |
| 2020 | $387K | $299K | $344K | $40K | — | — |
| 2019 | $340K | $356K | $223K | $7K | — | View 990 |
| 2018 | $387K | $417K | $239K | $0 | — | View 990 |
| 2017 | $440K | $469K | $277K | $8K | — | View 990 |
| 2016 | $422K | $398K | $306K | $7K | — | View 990 |
| 2015 | $380K | $359K | $287K | $13K | — | View 990 |
| 2014 | $362K | $303K | $260K | $7K | — | View 990 |
| 2013 | $266K | $280K | $199K | $5K | — | View 990 |
| 2012 | $290K | $247K | $211K | $4K | — | View 990 |
| 2011 | $257K | $222K | $167K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $593K, expenses of $425K, and assets of $1.0M (revenue +17.0% year-over-year).
- 2022: Revenue of $506K, expenses of $398K, and assets of $685K (revenue -9.0% year-over-year).
- 2021: Revenue of $556K, expenses of $350K, and assets of $556K (revenue +43.7% year-over-year).
- 2020: Revenue of $387K, expenses of $299K, and assets of $344K (revenue +14.1% year-over-year).
- 2019: Revenue of $340K, expenses of $356K, and assets of $223K (revenue -12.2% year-over-year).
- 2018: Revenue of $387K, expenses of $417K, and assets of $239K (revenue -12.1% year-over-year).
- 2017: Revenue of $440K, expenses of $469K, and assets of $277K (revenue +4.3% year-over-year).
- 2016: Revenue of $422K, expenses of $398K, and assets of $306K (revenue +11.1% year-over-year).
- 2015: Revenue of $380K, expenses of $359K, and assets of $287K (revenue +4.9% year-over-year).
- 2014: Revenue of $362K, expenses of $303K, and assets of $260K (revenue +36.0% year-over-year).
- 2013: Revenue of $266K, expenses of $280K, and assets of $199K (revenue -8.2% year-over-year).
- 2012: Revenue of $290K, expenses of $247K, and assets of $211K (revenue +12.7% year-over-year).
- 2011: Revenue of $257K, expenses of $222K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flying Cloud Institute Inc:
Data Sources and Methodology
This transparency report for Flying Cloud Institute 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.