Tbm 700 Owners And Pilots Association Inc
Tbm 700 Owners And Pilots Association Inc maintains stable finances with no officer compensation, despite a recent deficit in 2022.
EIN: 201618146 · Acworth, GA · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $642K |
| Transparency Score | 85/100 |
Is Tbm 700 Owners And Pilots Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tbm 700 Owners And Pilots Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tbm 700 Owners And Pilots Association Inc
Tbm 700 Owners And Pilots Association Inc (EIN: 201618146) is a nonprofit organization based in Acworth, GA, classified under NTEE code N50. The organization reported total revenue of $1.2M and total assets of $355K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tbm 700 Owners And Pilots Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tbm 700 Owners And Pilots Association Inc is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $890K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-153,329 |
| Total Assets | $642K |
| Net Assets | $642K |
| Operating Margin | -17.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2022, Tbm 700 Owners And Pilots Association Inc reported a deficit of $153K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Tbm 700 Owners And Pilots Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.8% | +36.9% | -19.3% |
| 2021 | +276.1% | +161.6% | +8.7% |
| 2020 | -74.1% | -56.1% | -8.9% |
| 2019 | +121.7% | +89.0% | +29.6% |
| 2018 | -46.8% | -46.2% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Tbm 700 Owners And Pilots Association Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Tbm 700 Owners And Pilots Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $153K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with over $1 million in annual revenue.
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 Tbm 700 Owners And Pilots Association Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (2022), indicating a deficit for that year ($1,043,780 expenses vs. $890,451 revenue).
Strengths
The following positive indicators were identified for Tbm 700 Owners And Pilots Association Inc:
- Consistent reporting of 0% officer compensation across all 12 filings, indicating volunteer leadership.
- Zero liabilities reported in all available filing periods, demonstrating strong financial management and no debt burden.
- Consistent filing of IRS 990 forms over 12 periods, showing a commitment to transparency and accountability.
- Generally stable revenue generation and asset accumulation over many years, indicating financial resilience.
- Assets consistently exceed liabilities by a significant margin, providing a strong financial cushion.
Frequently Asked Questions about Tbm 700 Owners And Pilots Association Inc
Is Tbm 700 Owners And Pilots Association Inc a legitimate charity?
Tbm 700 Owners And Pilots Association Inc (EIN: 201618146) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Tbm 700 Owners And Pilots Association Inc spend its money?
Tbm 700 Owners And Pilots Association Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Tbm 700 Owners And Pilots Association Inc tax-deductible?
Tbm 700 Owners And Pilots Association Inc is registered as a tax-exempt nonprofit (EIN: 201618146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tbm 700 Owners And Pilots Association Inc CEO make?
Tbm 700 Owners And Pilots Association Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tbm 700 Owners And Pilots Association Inc's spending goes to programs?
Tbm 700 Owners And Pilots Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tbm 700 Owners And Pilots Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tbm 700 Owners And Pilots Association Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tbm 700 Owners And Pilots Association Inc located?
Tbm 700 Owners And Pilots Association Inc is headquartered in Acworth, Georgia and files with the IRS under EIN 201618146. It is classified under NTEE code N50.
How many years of IRS 990 filings does Tbm 700 Owners And Pilots Association Inc have?
Tbm 700 Owners And Pilots Association Inc has 12 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 $1.2M in total revenue.
Is Tbm 700 Owners And Pilots Association Inc a good charity?
Based on the available financial data, the organization appears to be a well-managed entity with strong financial transparency, consistently reporting zero liabilities and zero officer compensation. While a detailed program spending ratio is not provided, the overall financial health and lack of executive salaries suggest a focus on its mission.
How does Tbm 700 Owners And Pilots Association Inc manage its executive compensation?
The organization consistently reports 0% officer compensation across all 12 filings, meaning no salaries are paid to its officers. This is a significant indicator of volunteer leadership and a commitment to directing funds elsewhere.
What is the financial trend of Tbm 700 Owners And Pilots Association Inc?
The organization generally maintains a positive financial trend with revenues often exceeding expenses, leading to asset growth. However, the 2022 period showed a deficit with expenses of $1,043,780 exceeding revenue of $890,451, a deviation from previous years.
Filing History
IRS 990 filing history for Tbm 700 Owners And Pilots Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Tbm 700 Owners And Pilots Association Inc's revenue has grown by 113.7%, moving from $417K to $890K. Total assets increased by 71.6% over the same period, from $374K to $642K. Total functional expenses rose by 178.5%, from $375K to $1.0M. In its most recent filing year (2022), Tbm 700 Owners And Pilots Association Inc reported a deficit of $153K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $890K | $1.0M | $642K | $0 | — | View 990 |
| 2021 | $826K | $762K | $795K | $0 | — | View 990 |
| 2020 | $220K | $291K | $731K | $0 | — | View 990 |
| 2019 | $847K | $664K | $803K | $0 | — | View 990 |
| 2018 | $382K | $351K | $620K | $0 | — | View 990 |
| 2017 | $717K | $653K | $589K | $0 | — | View 990 |
| 2016 | $654K | $624K | $524K | $0 | — | — |
| 2015 | $632K | $563K | $494K | $0 | — | View 990 |
| 2014 | $633K | $628K | $425K | $0 | — | View 990 |
| 2013 | $549K | $497K | $419K | $0 | — | View 990 |
| 2012 | $418K | $424K | $367K | $5 | — | View 990 |
| 2011 | $417K | $375K | $374K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $890K, expenses of $1.0M, and assets of $642K (revenue +7.8% year-over-year).
- 2021: Revenue of $826K, expenses of $762K, and assets of $795K (revenue +276.1% year-over-year).
- 2020: Revenue of $220K, expenses of $291K, and assets of $731K (revenue -74.1% year-over-year).
- 2019: Revenue of $847K, expenses of $664K, and assets of $803K (revenue +121.7% year-over-year).
- 2018: Revenue of $382K, expenses of $351K, and assets of $620K (revenue -46.8% year-over-year).
- 2017: Revenue of $717K, expenses of $653K, and assets of $589K (revenue +9.7% year-over-year).
- 2016: Revenue of $654K, expenses of $624K, and assets of $524K (revenue +3.4% year-over-year).
- 2015: Revenue of $632K, expenses of $563K, and assets of $494K (revenue -0.2% year-over-year).
- 2014: Revenue of $633K, expenses of $628K, and assets of $425K (revenue +15.4% year-over-year).
- 2013: Revenue of $549K, expenses of $497K, and assets of $419K (revenue +31.5% year-over-year).
- 2012: Revenue of $418K, expenses of $424K, and assets of $367K (revenue +0.2% year-over-year).
- 2011: Revenue of $417K, expenses of $375K, and assets of $374K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tbm 700 Owners And Pilots Association Inc:
Data Sources and Methodology
This transparency report for Tbm 700 Owners And Pilots Association 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.