Sesame Flyers International Inc
Sesame Flyers International Inc. experiences fluctuating revenues and recurring net losses, with liabilities often exceeding assets.
EIN: 112692485 · Brooklyn, NY · NTEE: A200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $4.2M |
| Program Spending | 80% |
| Net Assets | $-692,231 |
| Transparency Score | 65/100 |
Is Sesame Flyers International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sesame Flyers International Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sesame Flyers International Inc
Sesame Flyers International Inc (EIN: 112692485) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A200. The organization reported total revenue of $4.5M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sesame Flyers International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sesame Flyers International Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-679,440 |
| Total Assets | $539K |
| Total Liabilities | $1.2M |
| Net Assets | $-692,231 |
| Operating Margin | -19.2% |
| Debt-to-Asset Ratio | 228.3% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Sesame Flyers International Inc reported a deficit of $679K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 228.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sesame Flyers International Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | +12.8% | -57.5% |
| 2022 | +45.7% | +34.3% | +76.3% |
| 2021 | -7.6% | -2.5% | +72.0% |
| 2020 | +5.1% | -0.8% | -14.7% |
| 2019 | +18.5% | +18.4% | -25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Sesame Flyers International Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sesame Flyers International Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $679K, with expenses exceeding revenue.
- Debt-to-asset ratio: 228.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer categories, which is a positive indicator for minimizing 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 Sesame Flyers International Inc's IRS 990 filings:
- Recurring net losses, such as the $679,440 deficit in 2023.
- Liabilities frequently exceed assets, indicating potential solvency concerns (e.g., 2023: Assets $539,335, Liabilities $1,231,566).
- Significant fluctuation in assets year-over-year (e.g., $1,267,794 in 2022 to $539,335 in 2023).
Strengths
The following positive indicators were identified for Sesame Flyers International Inc:
- Consistent revenue growth over the long term, from $2.1M in 2014 to $3.5M in 2023.
- Reported 0% officer compensation across all available filings, indicating efficient use of funds at the executive level.
- Resilience in maintaining operations despite financial fluctuations and net losses.
Frequently Asked Questions about Sesame Flyers International Inc
Is Sesame Flyers International Inc a legitimate charity?
Sesame Flyers International Inc (EIN: 112692485) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Sesame Flyers International Inc spend its money?
Sesame Flyers International Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sesame Flyers International Inc tax-deductible?
Sesame Flyers International Inc is registered as a tax-exempt nonprofit (EIN: 112692485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sesame Flyers International Inc's spending goes to programs?
Sesame Flyers International Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sesame Flyers International Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Sesame Flyers International Inc is above average for NTEE category A200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sesame Flyers International Inc located?
Sesame Flyers International Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112692485. It is classified under NTEE code A200.
How many years of IRS 990 filings does Sesame Flyers International Inc have?
Sesame Flyers International 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 $4.5M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses for recent years?
The provided data does not include a detailed functional expense breakdown, making it difficult to precisely assess spending efficiency beyond the overall revenue and expense figures.
How does Sesame Flyers International Inc. manage its recurring net losses, such as the $679,440 deficit in 2023?
The organization has experienced several years where expenses exceeded revenue. The specific strategies for managing these deficits, whether through reserves, grants, or other funding, are not detailed in the provided summary.
What is the nature of the organization's liabilities, which frequently exceed its assets?
Liabilities have often been higher than assets (e.g., 2023: $1,231,566 liabilities vs. $539,335 assets), indicating potential solvency challenges or significant debt. The specific types of liabilities (e.g., program-related payables, loans) are not specified.
Given the 0% officer compensation, how are key leadership roles compensated or sustained?
The consistent reporting of 0% officer compensation suggests either a volunteer leadership model or that compensation is categorized differently on the 990, which would require further investigation into the full filing.
Filing History
IRS 990 filing history for Sesame Flyers International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sesame Flyers International Inc's revenue has grown by 84.4%, moving from $1.9M to $3.5M. Total assets increased by 11.6% over the same period, from $483K to $539K. Total functional expenses rose by 68.8%, from $2.5M to $4.2M. In its most recent filing year (2023), Sesame Flyers International Inc reported a deficit of $679K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $539K in assets (debt-to-asset ratio: 228.3%), resulting in net assets of $-692,231.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $4.2M | $539K | $1.2M | — | — |
| 2022 | $4.1M | $3.7M | $1.3M | $824K | — | View 990 |
| 2021 | $2.8M | $2.8M | $719K | $637K | — | View 990 |
| 2020 | $3.0M | $2.9M | $418K | $368K | — | — |
| 2019 | $2.9M | $2.9M | $490K | $630K | — | View 990 |
| 2018 | $2.4M | $2.4M | $657K | $819K | — | View 990 |
| 2017 | $2.4M | $2.4M | $394K | $597K | — | View 990 |
| 2016 | $2.8M | $2.9M | $297K | $1.4M | — | View 990 |
| 2015 | $2.8M | $2.9M | $235K | $1.2M | — | View 990 |
| 2014 | $2.1M | $2.4M | $294K | $1.1M | — | View 990 |
| 2013 | $2.0M | $2.1M | $258K | $875K | — | View 990 |
| 2012 | $2.0M | $2.2M | $377K | $905K | — | View 990 |
| 2011 | $1.9M | $2.5M | $483K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $4.2M, and assets of $539K (revenue -13.8% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.7M, and assets of $1.3M (revenue +45.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.8M, and assets of $719K (revenue -7.6% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $418K (revenue +5.1% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.9M, and assets of $490K (revenue +18.5% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $657K (revenue +1.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $394K (revenue -12.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.9M, and assets of $297K (revenue -0.4% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.9M, and assets of $235K (revenue +29.5% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.4M, and assets of $294K (revenue +8.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.1M, and assets of $258K (revenue -1.6% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.2M, and assets of $377K (revenue +4.0% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.5M, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sesame Flyers International Inc:
Data Sources and Methodology
This transparency report for Sesame Flyers International 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.