Navy Legacy Flight Foundation
EIN: 262884264 · Jackson, WY · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $831K |
| Total Expenses | $556K |
| Net Assets | $452K |
Is Navy Legacy Flight Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Navy Legacy Flight Foundation
Navy Legacy Flight Foundation (EIN: 262884264) is a nonprofit organization based in Jackson, WY, classified under NTEE code A80. The organization reported total revenue of $831K and total assets of $592K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Navy Legacy Flight Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Navy Legacy Flight Foundation is a small nonprofit that has been operating for 17 years, with 6 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $556K |
| Surplus / Deficit | +$170K |
| Total Assets | $452K |
| Net Assets | $452K |
| Operating Margin | 23.4% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Navy Legacy Flight Foundation reported a surplus of $170K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2023), Navy Legacy Flight Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -20.6% | +60.5% |
| 2022 | +65.4% | +57.6% | +13.0% |
| 2021 | +5.8% | +159.8% | -0.5% |
| 2020 | +10.4% | -60.7% | +9520.8% |
| 2019 | +2577.6% | +6423.9% | -97.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Navy Legacy Flight Foundation 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 Navy Legacy Flight Foundation 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 $170K, with revenue exceeding expenses.
Frequently Asked Questions about Navy Legacy Flight Foundation
Is Navy Legacy Flight Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Navy Legacy Flight Foundation (EIN: 262884264) insufficient data. 0 red flags identified, 0 strengths noted.
How does Navy Legacy Flight Foundation spend its money?
Detailed spending breakdown data is not yet available for Navy Legacy Flight Foundation. Check back for updated IRS 990 analysis.
Are donations to Navy Legacy Flight Foundation tax-deductible?
Navy Legacy Flight Foundation is registered as a tax-exempt nonprofit (EIN: 262884264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Navy Legacy Flight Foundation located?
Navy Legacy Flight Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 262884264. It is classified under NTEE code A80.
How many years of IRS 990 filings does Navy Legacy Flight Foundation have?
Navy Legacy Flight Foundation has 6 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 $831K in total revenue.
Filing History
IRS 990 filing history for Navy Legacy Flight Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2023), Navy Legacy Flight Foundation's revenue has grown by 5028.5%, moving from $14K to $726K. Total assets increased by 426.3% over the same period, from $86K to $452K. Total functional expenses rose by 8237.4%, from $7K to $556K. In its most recent filing year (2023), Navy Legacy Flight Foundation reported a surplus of $170K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $726K | $556K | $452K | $0 | — | — |
| 2022 | $733K | $700K | $282K | $0 | — | View 990 |
| 2021 | $443K | $444K | $249K | $0 | — | View 990 |
| 2020 | $419K | $171K | $250K | $0 | — | View 990 |
| 2019 | $379K | $435K | $3K | $0 | — | View 990 |
| 2011 | $14K | $7K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $726K, expenses of $556K, and assets of $452K (revenue -0.9% year-over-year).
- 2022: Revenue of $733K, expenses of $700K, and assets of $282K (revenue +65.4% year-over-year).
- 2021: Revenue of $443K, expenses of $444K, and assets of $249K (revenue +5.8% year-over-year).
- 2020: Revenue of $419K, expenses of $171K, and assets of $250K (revenue +10.4% year-over-year).
- 2019: Revenue of $379K, expenses of $435K, and assets of $3K (revenue +2577.6% year-over-year).
- 2011: Revenue of $14K, expenses of $7K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Navy Legacy Flight Foundation:
Data Sources and Methodology
This transparency report for Navy Legacy Flight Foundation 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.