Flying Yankee Restoration Group Inc
Flying Yankee Restoration Group Inc shows significant asset growth and no reported officer compensation amidst highly fluctuating revenues.
EIN: 20493099 · Nashua, NH · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $497K |
| Total Expenses | $560 |
| Program Spending | 80% |
| Net Assets | $20K |
| Transparency Score | 75/100 |
Is Flying Yankee Restoration Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flying Yankee Restoration Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Flying Yankee Restoration Group Inc
Flying Yankee Restoration Group Inc (EIN: 20493099) is a nonprofit organization based in Nashua, NH, classified under NTEE code A540. The organization reported total revenue of $497K and total assets of $849K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flying Yankee Restoration Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flying Yankee Restoration Group Inc is a small nonprofit that has been operating for 29 years, with 8 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -30.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $671 |
| Total Expenses | $560 |
| Surplus / Deficit | +$111 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 16.5% |
| Months of Reserves | 423.6 months |
Financial Health Grade: A
In 2019, Flying Yankee Restoration Group Inc reported a surplus of $111 with revenue exceeding expenses, holds 423.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2019), Flying Yankee Restoration Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -30.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -80.8% | -50.5% | +0.6% |
| 2018 | -68.4% | -16.0% | +13.7% |
| 2017 | +303.2% | -93.6% | +103.5% |
| 2016 | -87.5% | +1091.9% | -60.7% |
| 2015 | +4868.6% | -46.9% | +868.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Flying Yankee Restoration Group Inc with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Flying Yankee Restoration Group Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $111, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team, which is a positive sign for donor confidence 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 Flying Yankee Restoration Group Inc's IRS 990 filings:
- Highly volatile revenue history makes long-term financial planning challenging.
Strengths
The following positive indicators were identified for Flying Yankee Restoration Group Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Significant growth in assets to $848,614, suggesting successful resource accumulation.
- Low to no reported liabilities in recent filings, indicating a healthy balance sheet.
Frequently Asked Questions about Flying Yankee Restoration Group Inc
Is Flying Yankee Restoration Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flying Yankee Restoration Group Inc (EIN: 20493099) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Flying Yankee Restoration Group Inc spend its money?
Flying Yankee Restoration Group Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Flying Yankee Restoration Group Inc tax-deductible?
Flying Yankee Restoration Group Inc is registered as a tax-exempt nonprofit (EIN: 20493099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Flying Yankee Restoration Group Inc's spending goes to programs?
Flying Yankee Restoration Group Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Flying Yankee Restoration Group Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Flying Yankee Restoration Group Inc is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Flying Yankee Restoration Group Inc located?
Flying Yankee Restoration Group Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20493099. It is classified under NTEE code A540.
How many years of IRS 990 filings does Flying Yankee Restoration Group Inc have?
Flying Yankee Restoration Group Inc has 8 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 $497K in total revenue.
How does the organization manage its highly variable revenue streams?
The filings show extreme revenue fluctuations, from $442 in 2013 to $91,497 in 2012, and $497,052 in the latest period. This suggests a need for robust financial planning to ensure program continuity despite unpredictable income.
What is the primary source of the organization's recent significant asset growth?
Assets have grown from $19,767 in 2019 to $848,614 in the latest period. Understanding if this growth is from donations, investment returns, or the acquisition of program-related assets would provide more insight into financial strategy.
What are the specific program activities that the organization funds?
While the NTEE code A540 indicates 'Historical Societies & Historic Preservation', more detail on how the latest $497,052 in revenue and growing assets are being applied to specific restoration or preservation projects would be beneficial for donors.
Filing History
IRS 990 filing history for Flying Yankee Restoration Group Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Flying Yankee Restoration Group Inc's revenue has declined by 94.5%, moving from $12K to $671. Total assets increased by 218.9% over the same period, from $6K to $20K. Total functional expenses fell by 95.9%, from $14K to $560. In its most recent filing year (2019), Flying Yankee Restoration Group Inc reported a surplus of $111, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $671 | $560 | $20K | $0 | — | View 990 |
| 2018 | $3K | $1K | $20K | $0 | — | View 990 |
| 2017 | $11K | $1K | $17K | $0 | — | View 990 |
| 2016 | $3K | $21K | $8K | $900 | — | View 990 |
| 2015 | $22K | $2K | $22K | $900 | — | View 990 |
| 2013 | $442 | $3K | $2K | $900 | — | View 990 |
| 2012 | $91K | $4K | $4K | $0 | — | View 990 |
| 2011 | $12K | $14K | $6K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $671, expenses of $560, and assets of $20K (revenue -80.8% year-over-year).
- 2018: Revenue of $3K, expenses of $1K, and assets of $20K (revenue -68.4% year-over-year).
- 2017: Revenue of $11K, expenses of $1K, and assets of $17K (revenue +303.2% year-over-year).
- 2016: Revenue of $3K, expenses of $21K, and assets of $8K (revenue -87.5% year-over-year).
- 2015: Revenue of $22K, expenses of $2K, and assets of $22K (revenue +4868.6% year-over-year).
- 2013: Revenue of $442, expenses of $3K, and assets of $2K (revenue -99.5% year-over-year).
- 2012: Revenue of $91K, expenses of $4K, and assets of $4K (revenue +656.5% year-over-year).
- 2011: Revenue of $12K, expenses of $14K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flying Yankee Restoration Group Inc:
Data Sources and Methodology
This transparency report for Flying Yankee Restoration Group 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.