Institute Of Flight
Institute Of Flight reports $0 revenue and assets after years of operating deficits.
EIN: 201638987 · Arlington, WA · Updated: 2026-03-28
Is Institute Of Flight Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of Flight
Institute Of Flight (EIN: 201638987) is a nonprofit organization based in Arlington, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Flight's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute Of Flight with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Institute Of Flight allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Officer compensation was consistently reported as 0% across all available filings from 2011 to 2016, suggesting either a volunteer-led executive team or compensation was categorized differently, which is unusual for an organization with multi-million dollar revenues.
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 Institute Of Flight's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential cessation of operations.
- Consistent operating deficits from 2011 to 2016 (e.g., $2,378,810 expenses vs. $2,106,070 revenue in 2016).
- Significant decline in assets from over $17 million in 2011 to $0 currently.
Strengths
The following positive indicators were identified for Institute Of Flight:
- Historically managed to generate over $2 million in revenue annually for several years (e.g., $2,106,070 in 2016).
- Reported 0% officer compensation across all available filings, suggesting a potentially volunteer-driven leadership or efficient use of funds in that area historically.
Frequently Asked Questions about Institute Of Flight
Is Institute Of Flight a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Flight (EIN: 201638987) significant concerns. Mission Score: 10/100. 3 red flags identified, 2 strengths noted.
How does Institute Of Flight spend its money?
Detailed spending breakdown data is not yet available for Institute Of Flight. Check back for updated IRS 990 analysis.
Are donations to Institute Of Flight tax-deductible?
Institute Of Flight is registered as a tax-exempt nonprofit (EIN: 201638987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the dramatic decline in assets and revenue to $0?
The provided data does not specify the reason for the decline. However, the consistent operating deficits from 2011 to 2016, where expenses exceeded revenue (e.g., $2,378,810 expenses vs. $2,106,070 revenue in 2016), likely contributed to the depletion of assets over time.
Is the Institute Of Flight still operational?
With reported latest revenue and assets of $0, it is highly probable that the organization is no longer actively operating or has undergone a significant change in status not detailed in the provided financial summary.
How did the organization manage to sustain operations with consistent deficits?
The organization likely drew down its significant asset base, which was over $17 million in 2011 and 2012, to cover the annual operating shortfalls. This strategy is unsustainable in the long term, as evidenced by the eventual decline to $0 assets.
Filing History
IRS 990 filing history for Institute Of Flight showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Institute Of Flight's revenue has grown by 33.8%, moving from $1.6M to $2.1M. Total assets decreased by 93.6% over the same period, from $17.6M to $1.1M. Total functional expenses rose by 50.2%, from $1.6M to $2.4M. In its most recent filing year (2016), Institute Of Flight reported a deficit of $273K, with expenses exceeding revenue. The organization holds $354K in liabilities against $1.1M in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $776K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $2.1M | $2.4M | $1.1M | $354K | — | View 990 |
| 2015 | $2.1M | $2.2M | $1.4M | $390K | — | View 990 |
| 2014 | $2.0M | $2.2M | $1.6M | $454K | — | View 990 |
| 2013 | $1.8M | $2.0M | $1.8M | $470K | — | View 990 |
| 2012 | $1.8M | $2.0M | $17.2M | $318K | — | View 990 |
| 2011 | $1.6M | $1.6M | $17.6M | $572K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2.1M, expenses of $2.4M, and assets of $1.1M (revenue +1.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $1.4M (revenue +3.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.2M, and assets of $1.6M (revenue +9.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.0M, and assets of $1.8M (revenue -0.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.0M, and assets of $17.2M (revenue +16.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $17.6M.
Data Sources and Methodology
This transparency report for Institute Of Flight 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.