Warbird Heritage Foundation
Warbird Heritage Foundation consistently operates with modest surpluses or deficits, reporting 0% officer compensation.
EIN: 200467807 · Waukegan, IL · NTEE: A56 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $521K |
| Program Spending | 85% |
| Net Assets | $176K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Warbird Heritage Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Warbird Heritage Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Warbird Heritage Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $589K and expenses of $521K.
Revenue and Expenses
Warbird Heritage Foundation reported $589K in revenue and $521K in expenses, a surplus of $68K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Warbird Heritage Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $443K (85%) |
Across stored filings, Warbird Heritage Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Shorefront | Illinois and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Shorefront →All Illinois nonprofits
All Arts & Culture
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Waukegan, IL nonprofitsArts & Culture in Illinois
Arts & Culture in Illinois
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Arts & Culture spending
Best Arts & Culture charities in Illinois
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Chicago Tap Theatre Nfp
Chicago, IL · $391K revenue · Score 92/100
Compare side-by-sidePreservation Chicago Nfp
Chicago, IL · $1.8M revenue · Score 90/100
Compare side-by-sideJcpe Investments N F P
Peoria, IL · $5.1M revenue · Score 95/100
Compare side-by-sideAsian Human Services Family Health Center Inc
Chicago, IL · $16.4M revenue · Score 92/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Warbird Heritage Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warbird Heritage Foundation
Warbird Heritage Foundation (EIN: 200467807) is a nonprofit organization based in Waukegan, IL, classified under NTEE code A56. The organization reported total revenue of $1.5M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warbird Heritage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warbird Heritage Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $589K |
| Total Expenses | $521K |
| Surplus / Deficit | +$68K |
| Total Assets | $203K |
| Total Liabilities | $26K |
| Net Assets | $176K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Warbird Heritage Foundation reported a surplus of $68K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Warbird Heritage Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | -7.7% | +6.0% |
| 2022 | +2.0% | +25.5% | -8.3% |
| 2021 | -7.7% | -2.1% | +15.2% |
| 2020 | +31.3% | +13.8% | +51.5% |
| 2019 | -57.9% | -55.7% | -29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Warbird Heritage Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Warbird Heritage Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is a positive sign for resource allocation towards the mission given the organization's size and 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.
Strengths
The following positive indicators were identified for Warbird Heritage Foundation:
- Consistent IRS 990 filing history (10 filings)
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership
- Manageable liabilities relative to assets and revenue
- Stable financial operations with consistent revenue generation
- Modest asset growth over the past decade
Frequently Asked Questions about Warbird Heritage Foundation
Is Warbird Heritage Foundation a legitimate charity?
Warbird Heritage Foundation (EIN: 200467807) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Warbird Heritage Foundation spend its money?
Warbird Heritage Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Warbird Heritage Foundation tax-deductible?
Warbird Heritage Foundation is registered as a tax-exempt nonprofit (EIN: 200467807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Warbird Heritage Foundation's spending goes to programs?
Warbird Heritage Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Warbird Heritage Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Warbird Heritage Foundation is above average for NTEE category A56 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warbird Heritage Foundation located?
Warbird Heritage Foundation is headquartered in Waukegan, Illinois and files with the IRS under EIN 200467807. It is classified under NTEE code A56.
How many years of IRS 990 filings does Warbird Heritage Foundation have?
Warbird Heritage Foundation has 10 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 $1.5M in total revenue.
Is Warbird Heritage Foundation a good charity?
Based on the available data, the Warbird Heritage Foundation appears to be a good charity. It consistently files its IRS 990s, reports 0% officer compensation, and maintains a stable financial position with manageable liabilities. This suggests a strong commitment to its mission and efficient use of resources.
How has the organization's financial health changed over time?
The organization's financial health has been relatively stable over the past decade. While there are fluctuations between small surpluses and deficits annually, its assets have shown modest growth from $181,067 in 2011 to $202,530 in 2023, and liabilities have remained consistently low and manageable.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is a significant positive indicator. It suggests that the organization's leadership may be volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for program activities and reduce administrative overhead.
Filing History
IRS 990 filing history for Warbird Heritage Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Warbird Heritage Foundation's revenue has declined by 23.8%, moving from $773K to $589K. Total assets increased by 11.9% over the same period, from $181K to $203K. Total functional expenses fell by 38.7%, from $849K to $521K. In its most recent filing year (2023), Warbird Heritage Foundation reported a surplus of $68K, with revenue exceeding expenses. The organization holds $26K in liabilities against $203K in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $176K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $589K | $521K | $203K | $26K | — | — |
| 2022 | $487K | $564K | $191K | $83K | — | View 990 |
| 2021 | $477K | $449K | $208K | $23K | — | View 990 |
| 2020 | $517K | $459K | $181K | $23K | — | View 990 |
| 2019 | $394K | $404K | $119K | $19K | — | View 990 |
| 2015 | $935K | $910K | $170K | $105K | — | View 990 |
| 2014 | $628K | $661K | $58K | $17K | — | View 990 |
| 2013 | $631K | $649K | $88K | $14K | — | View 990 |
| 2012 | $829K | $905K | $107K | $15K | — | View 990 |
| 2011 | $773K | $849K | $181K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $589K, expenses of $521K, and assets of $203K (revenue +21.0% year-over-year).
- 2022: Revenue of $487K, expenses of $564K, and assets of $191K (revenue +2.0% year-over-year).
- 2021: Revenue of $477K, expenses of $449K, and assets of $208K (revenue -7.7% year-over-year).
- 2020: Revenue of $517K, expenses of $459K, and assets of $181K (revenue +31.3% year-over-year).
- 2019: Revenue of $394K, expenses of $404K, and assets of $119K (revenue -57.9% year-over-year).
- 2015: Revenue of $935K, expenses of $910K, and assets of $170K (revenue +48.8% year-over-year).
- 2014: Revenue of $628K, expenses of $661K, and assets of $58K (revenue -0.4% year-over-year).
- 2013: Revenue of $631K, expenses of $649K, and assets of $88K (revenue -23.9% year-over-year).
- 2012: Revenue of $829K, expenses of $905K, and assets of $107K (revenue +7.2% year-over-year).
- 2011: Revenue of $773K, expenses of $849K, and assets of $181K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warbird Heritage Foundation:
Data Sources and Methodology
This transparency report for Warbird Heritage Foundation 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.