Above the Clouds Inc
Nonprofit profile at a glance
- EIN
- 461611467
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Norwood, MA, USA
- Phone
- 6174485111
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $96,593
- Expenses
- $74,173
- Assets
- $411,682
- Liabilities
- $2,819
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- GREG BONGIORNO (PRESIDENT/CHAIRMAN EXEC. COMM)
- RAYMOND SANTOS (EXECUTIVE DIRECTOR)
People named in this filing
- GREG BONGIORNO (PRESIDENT/CHAIRMAN EXEC. COMM)
- MARK HANSON (VICE PRES/EXEC. COMMITTEE MEMEBER)
- HEW CROOKS (TREASURER/BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Above the clouds, incs mission is to bring joy and hope to seriously ill, disabled, and disadvantaged children and teens through the wonder of small aircraft flight. The organization accomplishes its mission through its principal programs: dream flyers and discovery flyers, our volunteer pilots and volunteers operate out of norwood airport, norwood, ma
What it reported doing in 2024
In the Discovery Flyers program, teenagers are introduced to aviation by Discovery Pilot mentors. Discovery Flyers have the opportunity to fly regularly with their Discovery Pilots. During these flights, the young Flyers aregiven the opportunity to fly the plane from the co-pilots seat. In addition, Discovery Flyers attend periodicaviation field trips and are encouraged to help out on Dream Flight Days. One example was a Fly-Out to CTs Bradlee International Airport where we visited the New England Air Museum
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 14
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.9%; rating input score 16
- Program expense ratio: 11.1%; rating input score 11
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 23.2%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 5.55; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 19.2%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -10.1% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 15.9% of revenue deployed · 11.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 11/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.