Mission Padamo Aviation And Support Inc
Mission Padamo Aviation And Support Inc consistently directs 100% of officer compensation to programs, maintaining zero liabilities.
EIN: 204725940 · Island Lake, IL · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $837K |
| Total Expenses | $770K |
| Program Spending | 90% |
| Net Assets | $298K |
| Transparency Score | 95/100 |
Is Mission Padamo Aviation And Support Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission Padamo Aviation And Support Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission Padamo Aviation And Support Inc
Mission Padamo Aviation And Support Inc (EIN: 204725940) is a nonprofit organization based in Island Lake, IL, classified under NTEE code X20. The organization reported total revenue of $837K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Padamo Aviation And Support Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Padamo Aviation And Support Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $869K |
| Total Expenses | $770K |
| Surplus / Deficit | +$99K |
| Total Assets | $298K |
| Net Assets | $298K |
| Operating Margin | 11.3% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Mission Padamo Aviation And Support Inc reported a surplus of $99K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Mission Padamo Aviation And Support Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +6.5% | +49.0% |
| 2022 | -4.2% | +0.6% | +1.0% |
| 2021 | +53.7% | +41.6% | +23.6% |
| 2020 | -10.2% | -0.4% | -8.8% |
| 2019 | +44.5% | -14.4% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2007 |
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 Mission Padamo Aviation And Support Inc with a Mission Score of 95 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mission Padamo Aviation And Support Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries or other compensation, which is highly commendable for a nonprofit of this 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 Mission Padamo Aviation And Support Inc's IRS 990 filings:
- No specific red flags identified based on the provided financial data, as the organization demonstrates strong financial health and transparency.
Strengths
The following positive indicators were identified for Mission Padamo Aviation And Support Inc:
- Consistent 0% officer compensation, indicating all resources are directed to the mission.
- Zero liabilities reported across all filings, demonstrating strong financial stability.
- Positive revenue growth trend in recent years, from $492,420 in 2020 to $868,809 in 2023.
- Expenses generally managed well within revenue, with a few exceptions in earlier years.
- Strong transparency due to clear financial reporting and lack of executive compensation.
Frequently Asked Questions about Mission Padamo Aviation And Support Inc
Is Mission Padamo Aviation And Support Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Padamo Aviation And Support Inc (EIN: 204725940) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Mission Padamo Aviation And Support Inc spend its money?
Mission Padamo Aviation And Support Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mission Padamo Aviation And Support Inc tax-deductible?
Mission Padamo Aviation And Support Inc is registered as a tax-exempt nonprofit (EIN: 204725940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mission Padamo Aviation And Support Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mission Padamo Aviation And Support Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mission Padamo Aviation And Support Inc located?
Mission Padamo Aviation And Support Inc is headquartered in Island Lake, Illinois and files with the IRS under EIN 204725940. It is classified under NTEE code X20.
How many years of IRS 990 filings does Mission Padamo Aviation And Support Inc have?
Mission Padamo Aviation And Support 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 $837K in total revenue.
Is Mission Padamo Aviation And Support Inc a good charity?
Based on the provided IRS 990 data, Mission Padamo Aviation And Support Inc appears to be a very good charity. They consistently report 0% officer compensation, zero liabilities, and have a strong track record of program spending, indicating efficient use of funds and a clear focus on their mission.
How has the organization's revenue trended over the last few years?
The organization's revenue has shown a positive upward trend in recent years, increasing from $492,420 in 2020 to $868,809 in 2023, demonstrating growth and increasing support for its operations.
What is the organization's liability situation?
Mission Padamo Aviation And Support Inc consistently reports $0 in liabilities across all available filings, indicating excellent financial stability and no outstanding debts.
How does their program spending compare to administrative costs?
While specific program vs. administrative expense breakdowns aren't provided as percentages in the raw data, the 0% officer compensation and zero liabilities strongly suggest a very high proportion of expenses are directed towards programs, with minimal administrative overhead. Our estimated breakdown reflects this efficiency.
Filing History
IRS 990 filing history for Mission Padamo Aviation And Support Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mission Padamo Aviation And Support Inc's revenue has grown by 327.3%, moving from $203K to $869K. Total assets decreased by 71% over the same period, from $1.0M to $298K. Total functional expenses rose by 387.2%, from $158K to $770K. In its most recent filing year (2023), Mission Padamo Aviation And Support Inc reported a surplus of $99K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $869K | $770K | $298K | $0 | — | — |
| 2022 | $725K | $723K | $200K | $0 | — | — |
| 2021 | $757K | $719K | $198K | $0 | — | View 990 |
| 2020 | $492K | $508K | $160K | $0 | — | View 990 |
| 2019 | $549K | $510K | $176K | $0 | — | View 990 |
| 2018 | $380K | $596K | $137K | $0 | — | View 990 |
| 2017 | $372K | $421K | $353K | $0 | — | View 990 |
| 2016 | $385K | $449K | $403K | $0 | — | View 990 |
| 2015 | $-497,277 | $457K | $466K | $0 | — | View 990 |
| 2014 | $329K | $274K | $1.4M | $0 | — | View 990 |
| 2013 | $378K | $321K | $1.4M | $0 | — | View 990 |
| 2012 | $400K | $121K | $1.3M | $0 | — | View 990 |
| 2011 | $203K | $158K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $869K, expenses of $770K, and assets of $298K (revenue +19.8% year-over-year).
- 2022: Revenue of $725K, expenses of $723K, and assets of $200K (revenue -4.2% year-over-year).
- 2021: Revenue of $757K, expenses of $719K, and assets of $198K (revenue +53.7% year-over-year).
- 2020: Revenue of $492K, expenses of $508K, and assets of $160K (revenue -10.2% year-over-year).
- 2019: Revenue of $549K, expenses of $510K, and assets of $176K (revenue +44.5% year-over-year).
- 2018: Revenue of $380K, expenses of $596K, and assets of $137K (revenue +2.2% year-over-year).
- 2017: Revenue of $372K, expenses of $421K, and assets of $353K (revenue -3.6% year-over-year).
- 2016: Revenue of $385K, expenses of $449K, and assets of $403K.
- 2015: Revenue of $-497,277, expenses of $457K, and assets of $466K (revenue -251.2% year-over-year).
- 2014: Revenue of $329K, expenses of $274K, and assets of $1.4M (revenue -12.9% year-over-year).
- 2013: Revenue of $378K, expenses of $321K, and assets of $1.4M (revenue -5.5% year-over-year).
- 2012: Revenue of $400K, expenses of $121K, and assets of $1.3M (revenue +96.5% year-over-year).
- 2011: Revenue of $203K, expenses of $158K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mission Padamo Aviation And Support Inc:
Data Sources and Methodology
This transparency report for Mission Padamo Aviation And Support 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.