Worland Flying Club Llc
EIN: 473786060 · Worland, WY · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $58K |
| Net Assets | $103K |
Is Worland Flying Club Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Worland Flying Club Llc
Worland Flying Club Llc (EIN: 473786060) is a nonprofit organization based in Worland, WY, classified under NTEE code N50. The organization reported total revenue of $101K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Worland Flying Club Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Worland Flying Club Llc is a small nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $58K |
| Surplus / Deficit | $-11,430 |
| Total Assets | $185K |
| Total Liabilities | $81K |
| Net Assets | $103K |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 44.1% |
| Months of Reserves | 38.5 months |
Financial Health Grade: B
In 2023, Worland Flying Club Llc reported a deficit of $11K with expenses exceeding revenue, holds 38.5 months of operating reserves (strong position), has a debt-to-asset ratio of 44.1% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Worland Flying Club Llc 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 Worland Flying Club Llc 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.1%.
Frequently Asked Questions about Worland Flying Club Llc
Is Worland Flying Club Llc a legitimate charity?
Worland Flying Club Llc (EIN: 473786060) is a registered tax-exempt nonprofit based in Wyoming. Total revenue: $101K. No red flags identified. Financial health grade: B.
How does Worland Flying Club Llc spend its money?
Worland Flying Club Llc reported $101K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Worland Flying Club Llc tax-deductible?
Worland Flying Club Llc is registered as a tax-exempt nonprofit (EIN: 473786060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Worland Flying Club Llc located?
Worland Flying Club Llc is headquartered in Worland, Wyoming and files with the IRS under EIN 473786060. It is classified under NTEE code N50.
Filing History
IRS 990 filing history for Worland Flying Club Llc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Worland Flying Club Llc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $81K in liabilities against $185K in assets (debt-to-asset ratio: 44.1%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $58K | $185K | $81K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Worland Flying Club Llc:
Data Sources and Methodology
This transparency report for Worland Flying Club Llc 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.