Proclaim Aviation Ministries Inc
Proclaim Aviation Ministries Inc shows consistent growth and low liabilities, with 0% reported officer compensation.
EIN: 200764068 · Worthington, MN · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 90/100 |
Is Proclaim Aviation Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Proclaim Aviation Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Proclaim Aviation Ministries Inc
Proclaim Aviation Ministries Inc (EIN: 200764068) is a nonprofit organization based in Worthington, MN, classified under NTEE code X99. The organization reported total revenue of $3.0M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Proclaim Aviation Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Proclaim Aviation Ministries Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-155,596 |
| Total Assets | $1.3M |
| Total Liabilities | $21K |
| Net Assets | $1.3M |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Proclaim Aviation Ministries Inc reported a deficit of $156K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Proclaim Aviation Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | +6.4% | -9.8% |
| 2022 | -5.6% | +9.2% | +3.5% |
| 2021 | +10.7% | +5.2% | +37.2% |
| 2020 | +23.6% | +21.5% | +30.7% |
| 2019 | +33.5% | +33.0% | +29.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
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 Proclaim Aviation Ministries Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Proclaim Aviation Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $156K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Proclaim Aviation Ministries Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer categories, which is highly favorable for minimizing administrative overhead.
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 Proclaim Aviation Ministries Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023, leading to a minor deficit ($2,214,005 expenses vs. $2,058,409 revenue).
Strengths
The following positive indicators were identified for Proclaim Aviation Ministries Inc:
- Consistent revenue growth over the past decade, from $1,041,044 in 2014 to $2,058,409 in 2023.
- Healthy asset growth, quadrupling from $326,142 in 2014 to $1,282,222 in 2023.
- Extremely low liabilities relative to assets, indicating strong financial stability (e.g., $21,168 liabilities vs. $1,282,222 assets in 2023).
- Consistent reporting of 0% officer compensation across all available filings, suggesting high efficiency in leadership compensation.
- Generally operates with a surplus, indicating effective financial management (e.g., $2,139,624 revenue vs. $2,080,251 expenses in 2022).
Frequently Asked Questions about Proclaim Aviation Ministries Inc
Is Proclaim Aviation Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Proclaim Aviation Ministries Inc (EIN: 200764068) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Proclaim Aviation Ministries Inc spend its money?
Proclaim Aviation Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Proclaim Aviation Ministries Inc tax-deductible?
Proclaim Aviation Ministries Inc is registered as a tax-exempt nonprofit (EIN: 200764068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Proclaim Aviation Ministries Inc's spending goes to programs?
Proclaim Aviation Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Proclaim Aviation Ministries Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Proclaim Aviation Ministries Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Proclaim Aviation Ministries Inc located?
Proclaim Aviation Ministries Inc is headquartered in Worthington, Minnesota and files with the IRS under EIN 200764068. It is classified under NTEE code X99.
How many years of IRS 990 filings does Proclaim Aviation Ministries Inc have?
Proclaim Aviation Ministries 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 $3.0M in total revenue.
Is Proclaim Aviation Ministries Inc a good charity?
Based on the provided data, Proclaim Aviation Ministries Inc appears to be a well-managed charity. It demonstrates consistent revenue growth, healthy asset accumulation, and very low liabilities. The consistent reporting of 0% officer compensation is a strong positive indicator of efficient resource allocation and a focus on mission over executive pay.
How has the organization's financial health changed over the last decade?
Over the last decade, Proclaim Aviation Ministries Inc has shown significant financial growth. Revenue has nearly doubled from $1,041,044 in 2014 to $2,058,409 in 2023, and assets have quadrupled from $326,142 to $1,282,222 in the same period. This indicates a strong and improving financial health.
What is the trend in officer compensation?
The organization consistently reports 0% officer compensation across all 10 available filings from 2014 to 2023. This indicates a sustained commitment to minimizing executive pay from the reported officer compensation category.
Filing History
IRS 990 filing history for Proclaim Aviation Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Proclaim Aviation Ministries Inc's revenue has grown by 174.8%, moving from $749K to $2.1M. Total assets increased by 246.5% over the same period, from $370K to $1.3M. Total functional expenses rose by 225.2%, from $681K to $2.2M. In its most recent filing year (2023), Proclaim Aviation Ministries Inc reported a deficit of $156K, with expenses exceeding revenue. The organization holds $21K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $1.3M | $21K | — | View 990 |
| 2022 | $2.1M | $2.1M | $1.4M | $23K | — | View 990 |
| 2021 | $2.3M | $1.9M | $1.4M | $27K | — | View 990 |
| 2020 | $2.0M | $1.8M | $1.0M | $17K | — | — |
| 2019 | $1.7M | $1.5M | $765K | $18K | — | View 990 |
| 2018 | $1.2M | $1.1M | $593K | $12K | — | View 990 |
| 2017 | $1.1M | $1.0M | $477K | $15K | — | View 990 |
| 2016 | $893K | $868K | $409K | $10K | — | View 990 |
| 2015 | $926K | $852K | $382K | $8K | — | View 990 |
| 2014 | $1.0M | $1.1M | $326K | $26K | — | View 990 |
| 2013 | $984K | $934K | $379K | $42K | — | View 990 |
| 2012 | $999K | $962K | $412K | $125K | — | View 990 |
| 2011 | $749K | $681K | $370K | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $1.3M (revenue -3.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.4M (revenue -5.6% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.9M, and assets of $1.4M (revenue +10.7% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +23.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $765K (revenue +33.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $593K (revenue +12.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $477K (revenue +23.7% year-over-year).
- 2016: Revenue of $893K, expenses of $868K, and assets of $409K (revenue -3.6% year-over-year).
- 2015: Revenue of $926K, expenses of $852K, and assets of $382K (revenue -11.1% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $326K (revenue +5.7% year-over-year).
- 2013: Revenue of $984K, expenses of $934K, and assets of $379K (revenue -1.4% year-over-year).
- 2012: Revenue of $999K, expenses of $962K, and assets of $412K (revenue +33.4% year-over-year).
- 2011: Revenue of $749K, expenses of $681K, and assets of $370K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Proclaim Aviation Ministries Inc:
Data Sources and Methodology
This transparency report for Proclaim Aviation Ministries 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.