U S Parachute Team Trust Fund
EIN: 541449314 · Fredericksbrg, VA
| Metric | Value |
|---|---|
| Total Revenue | $753K |
| Total Expenses | $34K |
| Net Assets | $2.5M |
Is U S Parachute Team Trust Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About U S Parachute Team Trust Fund
U S Parachute Team Trust Fund (EIN: 541449314) is a nonprofit organization based in Fredericksbrg, VA. The organization reported total revenue of $753K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U S Parachute Team Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U S Parachute Team Trust Fund is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $34K |
| Surplus / Deficit | +$157K |
| Total Assets | $2.5M |
| Total Liabilities | $11K |
| Net Assets | $2.5M |
| Operating Margin | 82.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 892.4 months |
Financial Health Grade: A
In 2023, U S Parachute Team Trust Fund reported a surplus of $157K with revenue exceeding expenses, holds 892.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), U S Parachute Team Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.1% | -62.9% | +13.9% |
| 2022 | -26.9% | +0.4% | -9.2% |
| 2021 | +1151.9% | +307.4% | +32.3% |
| 2020 | -64.4% | +2.7% | +9.6% |
| 2019 | +11.8% | -81.4% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for U S Parachute Team Trust Fund 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 U S Parachute Team Trust Fund 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 $157K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about U S Parachute Team Trust Fund
Is U S Parachute Team Trust Fund a legitimate charity?
U S Parachute Team Trust Fund (EIN: 541449314) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $753K. No red flags identified. Financial health grade: A.
How does U S Parachute Team Trust Fund spend its money?
U S Parachute Team Trust Fund reported $753K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to U S Parachute Team Trust Fund tax-deductible?
U S Parachute Team Trust Fund is registered as a tax-exempt nonprofit (EIN: 541449314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is U S Parachute Team Trust Fund located?
U S Parachute Team Trust Fund is headquartered in Fredericksbrg, Virginia and files with the IRS under EIN 541449314.
How many years of IRS 990 filings does U S Parachute Team Trust Fund have?
U S Parachute Team Trust Fund 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 $753K in total revenue.
Filing History
IRS 990 filing history for U S Parachute Team Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), U S Parachute Team Trust Fund's revenue has grown by 308.7%, moving from $47K to $191K. Total assets increased by 265.5% over the same period, from $692K to $2.5M. Total functional expenses rose by 11233.7%, from $300 to $34K. In its most recent filing year (2023), U S Parachute Team Trust Fund reported a surplus of $157K, with revenue exceeding expenses. The organization holds $11K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $34K | $2.5M | $11K | — | — |
| 2022 | $360K | $92K | $2.2M | $2K | — | View 990 |
| 2021 | $493K | $91K | $2.4M | $0 | — | View 990 |
| 2020 | $39K | $22K | $1.8M | $13K | — | View 990 |
| 2019 | $111K | $22K | $1.7M | $9K | — | View 990 |
| 2018 | $99K | $117K | $1.4M | $5K | — | View 990 |
| 2017 | $86K | $22K | $1.6M | $1K | — | — |
| 2016 | $57K | $88K | $1.4M | $0 | — | View 990 |
| 2015 | $83K | $18K | $1.4M | $523 | — | View 990 |
| 2014 | $107K | $79K | $1.4M | $8K | — | View 990 |
| 2013 | $703K | $1K | $1.3M | $0 | — | View 990 |
| 2012 | $53K | $61K | $700K | $0 | — | View 990 |
| 2011 | $47K | $300 | $692K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $34K, and assets of $2.5M (revenue -47.1% year-over-year).
- 2022: Revenue of $360K, expenses of $92K, and assets of $2.2M (revenue -26.9% year-over-year).
- 2021: Revenue of $493K, expenses of $91K, and assets of $2.4M (revenue +1151.9% year-over-year).
- 2020: Revenue of $39K, expenses of $22K, and assets of $1.8M (revenue -64.4% year-over-year).
- 2019: Revenue of $111K, expenses of $22K, and assets of $1.7M (revenue +11.8% year-over-year).
- 2018: Revenue of $99K, expenses of $117K, and assets of $1.4M (revenue +14.6% year-over-year).
- 2017: Revenue of $86K, expenses of $22K, and assets of $1.6M (revenue +50.6% year-over-year).
- 2016: Revenue of $57K, expenses of $88K, and assets of $1.4M (revenue -30.9% year-over-year).
- 2015: Revenue of $83K, expenses of $18K, and assets of $1.4M (revenue -22.7% year-over-year).
- 2014: Revenue of $107K, expenses of $79K, and assets of $1.4M (revenue -84.7% year-over-year).
- 2013: Revenue of $703K, expenses of $1K, and assets of $1.3M (revenue +1234.6% year-over-year).
- 2012: Revenue of $53K, expenses of $61K, and assets of $700K (revenue +12.8% year-over-year).
- 2011: Revenue of $47K, expenses of $300, and assets of $692K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U S Parachute Team Trust Fund:
Data Sources and Methodology
This transparency report for U S Parachute Team Trust Fund 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.