Vertical Aviation International Inc
EIN: 530261213 · Alexandria, VA
| Metric | Value |
|---|---|
| Total Revenue | $20.7M |
| Total Expenses | $17.9M |
| Net Assets | $24.7M |
Is Vertical Aviation International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vertical Aviation International Inc
Vertical Aviation International Inc (EIN: 530261213) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $20.7M and total assets of $60.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vertical Aviation International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vertical Aviation International Inc is a large nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.7M |
| Total Expenses | $17.9M |
| Surplus / Deficit | +$754K |
| Total Assets | $65.1M |
| Total Liabilities | $40.4M |
| Net Assets | $24.7M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 62.0% |
| Months of Reserves | 43.6 months |
Financial Health Grade: A
In 2023, Vertical Aviation International Inc reported a surplus of $754K with revenue exceeding expenses, holds 43.6 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Vertical Aviation International Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +29.1% | +49.1% |
| 2022 | +302.5% | +42.5% | +14.8% |
| 2021 | -69.0% | -30.2% | +2.3% |
| 2020 | +7.6% | +17.3% | -9.7% |
| 2019 | -6.1% | -3.0% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vertical Aviation International Inc 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 Vertical Aviation International Inc 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 $754K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.0%.
Frequently Asked Questions about Vertical Aviation International Inc
Is Vertical Aviation International Inc a legitimate charity?
Vertical Aviation International Inc (EIN: 530261213) is a registered tax-exempt nonprofit based in Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $20.7M. No red flags identified. Financial health grade: A.
How does Vertical Aviation International Inc spend its money?
Vertical Aviation International Inc reported $20.7M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vertical Aviation International Inc tax-deductible?
Vertical Aviation International Inc is registered as a tax-exempt nonprofit (EIN: 530261213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vertical Aviation International Inc located?
Vertical Aviation International Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 530261213.
How many years of IRS 990 filings does Vertical Aviation International Inc have?
Vertical Aviation International 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 $20.7M in total revenue.
Filing History
IRS 990 filing history for Vertical Aviation International Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Vertical Aviation International Inc's revenue has grown by 78%, moving from $10.5M to $18.7M. Total assets increased by 224.2% over the same period, from $20.1M to $65.1M. Total functional expenses rose by 91.8%, from $9.4M to $17.9M. In its most recent filing year (2023), Vertical Aviation International Inc reported a surplus of $754K, with revenue exceeding expenses. The organization holds $40.4M in liabilities against $65.1M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $24.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.7M | $17.9M | $65.1M | $40.4M | — | View 990 |
| 2022 | $17.0M | $13.9M | $43.7M | $19.9M | — | View 990 |
| 2021 | $4.2M | $9.7M | $38.0M | $23.1M | — | View 990 |
| 2020 | $13.6M | $14.0M | $37.2M | $18.2M | — | — |
| 2019 | $12.6M | $11.9M | $41.2M | $21.4M | — | View 990 |
| 2018 | $13.5M | $12.3M | $37.6M | $18.5M | — | View 990 |
| 2017 | $12.9M | $10.8M | $37.4M | $19.5M | — | View 990 |
| 2016 | $12.9M | $11.3M | $35.3M | $20.2M | — | View 990 |
| 2015 | $12.9M | $12.9M | $33.8M | $19.9M | — | View 990 |
| 2014 | $11.8M | $12.2M | $33.3M | $19.1M | — | View 990 |
| 2013 | $11.8M | $11.8M | $33.6M | $19.0M | — | View 990 |
| 2012 | $10.5M | $9.4M | $20.1M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.7M, expenses of $17.9M, and assets of $65.1M (revenue +10.1% year-over-year).
- 2022: Revenue of $17.0M, expenses of $13.9M, and assets of $43.7M (revenue +302.5% year-over-year).
- 2021: Revenue of $4.2M, expenses of $9.7M, and assets of $38.0M (revenue -69.0% year-over-year).
- 2020: Revenue of $13.6M, expenses of $14.0M, and assets of $37.2M (revenue +7.6% year-over-year).
- 2019: Revenue of $12.6M, expenses of $11.9M, and assets of $41.2M (revenue -6.1% year-over-year).
- 2018: Revenue of $13.5M, expenses of $12.3M, and assets of $37.6M (revenue +4.4% year-over-year).
- 2017: Revenue of $12.9M, expenses of $10.8M, and assets of $37.4M (revenue +0.0% year-over-year).
- 2016: Revenue of $12.9M, expenses of $11.3M, and assets of $35.3M (revenue -0.3% year-over-year).
- 2015: Revenue of $12.9M, expenses of $12.9M, and assets of $33.8M (revenue +9.4% year-over-year).
- 2014: Revenue of $11.8M, expenses of $12.2M, and assets of $33.3M (revenue +0.6% year-over-year).
- 2013: Revenue of $11.8M, expenses of $11.8M, and assets of $33.6M (revenue +12.0% year-over-year).
- 2012: Revenue of $10.5M, expenses of $9.4M, and assets of $20.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vertical Aviation International Inc:
Data Sources and Methodology
This transparency report for Vertical Aviation 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.