Veteran Air Warriors
EIN: 824139753 · Billings, MT · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $36K |
| Net Assets | $5K |
Is Veteran Air Warriors Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veteran Air Warriors
Veteran Air Warriors (EIN: 824139753) is a nonprofit organization based in Billings, MT, classified under NTEE code J22. The organization reported total revenue of $37K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veteran Air Warriors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veteran Air Warriors is a micro nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -20.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $36K |
| Surplus / Deficit | $-2,926 |
| Total Assets | $7K |
| Total Liabilities | $1K |
| Net Assets | $5K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 19.9% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Veteran Air Warriors reported a deficit of $3K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 19.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Veteran Air Warriors's revenue has declined at a compound annual growth rate (CAGR) of -20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | -25.9% | -30.2% |
| 2022 | -73.0% | -40.0% | -71.6% |
| 2021 | +264.3% | +83.1% | +663.5% |
| 2020 | -65.8% | -55.5% | -77.1% |
| 2019 | -18.0% | +40.9% | -41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veteran Air Warriors 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 Veteran Air Warriors 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.9%.
Frequently Asked Questions about Veteran Air Warriors
Is Veteran Air Warriors a legitimate charity?
Veteran Air Warriors (EIN: 824139753) is a registered tax-exempt nonprofit based in Montana. It has 6 years of IRS 990 filings on record. Total revenue: $37K. No red flags identified. Financial health grade: C.
How does Veteran Air Warriors spend its money?
Veteran Air Warriors reported $37K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Veteran Air Warriors tax-deductible?
Veteran Air Warriors is registered as a tax-exempt nonprofit (EIN: 824139753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veteran Air Warriors located?
Veteran Air Warriors is headquartered in Billings, Montana and files with the IRS under EIN 824139753. It is classified under NTEE code J22.
How many years of IRS 990 filings does Veteran Air Warriors have?
Veteran Air Warriors has 6 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 $37K in total revenue.
Filing History
IRS 990 filing history for Veteran Air Warriors showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Veteran Air Warriors's revenue has declined by 68.2%, moving from $104K to $33K. Total assets decreased by 79.9% over the same period, from $34K to $7K. Total functional expenses fell by 48.9%, from $71K to $36K. In its most recent filing year (2023), Veteran Air Warriors reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1K in liabilities against $7K in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $36K | $7K | $1K | — | View 990 |
| 2022 | $29K | $49K | $10K | $1K | — | View 990 |
| 2021 | $107K | $81K | $34K | $6K | — | View 990 |
| 2020 | $29K | $44K | $4K | $0 | — | — |
| 2019 | $86K | $100K | $20K | $0 | — | View 990 |
| 2018 | $104K | $71K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $36K, and assets of $7K (revenue +15.5% year-over-year).
- 2022: Revenue of $29K, expenses of $49K, and assets of $10K (revenue -73.0% year-over-year).
- 2021: Revenue of $107K, expenses of $81K, and assets of $34K (revenue +264.3% year-over-year).
- 2020: Revenue of $29K, expenses of $44K, and assets of $4K (revenue -65.8% year-over-year).
- 2019: Revenue of $86K, expenses of $100K, and assets of $20K (revenue -18.0% year-over-year).
- 2018: Revenue of $104K, expenses of $71K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veteran Air Warriors:
Data Sources and Methodology
This transparency report for Veteran Air Warriors 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.