Friends Of South Grand Lake Regional Airport Inc
EIN: 873530709 · Ketchum, OK · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $65K |
| Net Assets | $204K |
Is Friends Of South Grand Lake Regional Airport Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of South Grand Lake Regional Airport Inc
Friends Of South Grand Lake Regional Airport Inc (EIN: 873530709) is a nonprofit organization based in Ketchum, OK, classified under NTEE code T12. The organization reported total revenue of $234K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of South Grand Lake Regional Airport Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of South Grand Lake Regional Airport Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 74.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $65K |
| Surplus / Deficit | +$107K |
| Total Assets | $204K |
| Net Assets | $204K |
| Operating Margin | 62.1% |
| Months of Reserves | 37.6 months |
Financial Health Grade: A
In 2023, Friends Of South Grand Lake Regional Airport Inc reported a surplus of $107K with revenue exceeding expenses, holds 37.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Friends Of South Grand Lake Regional Airport Inc's revenue has grown at a compound annual growth rate (CAGR) of 74.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.6% | +6753.3% | +50.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of South Grand Lake Regional Airport 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 Friends Of South Grand Lake Regional Airport 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 $107K, with revenue exceeding expenses.
Frequently Asked Questions about Friends Of South Grand Lake Regional Airport Inc
Is Friends Of South Grand Lake Regional Airport Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of South Grand Lake Regional Airport Inc (EIN: 873530709) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of South Grand Lake Regional Airport Inc spend its money?
Detailed spending breakdown data is not yet available for Friends Of South Grand Lake Regional Airport Inc. Check back for updated IRS 990 analysis.
Are donations to Friends Of South Grand Lake Regional Airport Inc tax-deductible?
Friends Of South Grand Lake Regional Airport Inc is registered as a tax-exempt nonprofit (EIN: 873530709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of South Grand Lake Regional Airport Inc located?
Friends Of South Grand Lake Regional Airport Inc is headquartered in Ketchum, Oklahoma and files with the IRS under EIN 873530709. It is classified under NTEE code T12.
How many years of IRS 990 filings does Friends Of South Grand Lake Regional Airport Inc have?
Friends Of South Grand Lake Regional Airport Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $234K in total revenue.
Filing History
IRS 990 filing history for Friends Of South Grand Lake Regional Airport Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Friends Of South Grand Lake Regional Airport Inc's revenue has grown by 74.6%, moving from $98K to $172K. Total assets increased by 50% over the same period, from $136K to $204K. Total functional expenses rose by 6753.3%, from $950 to $65K. In its most recent filing year (2023), Friends Of South Grand Lake Regional Airport Inc reported a surplus of $107K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $65K | $204K | $0 | — | View 990 |
| 2022 | $98K | $950 | $136K | $39K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of South Grand Lake Regional Airport Inc:
Data Sources and Methodology
This transparency report for Friends Of South Grand Lake Regional Airport 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.