Air Boost
Nonprofit profile at a glance
- EIN
- 850568420
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Austin, TX, USA
- Phone
- 5124369742
- Rating confidence
- Limited
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $0
- Expenses
- $6,523
- Assets
- $142,142
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- STEPHEN YACKTMAN (PRESIDENT)
People named in this filing
- STEPHEN YACKTMAN (PRESIDENT)
- ELLYN YACKTMAN (SECRETARY)
- RUSSELL ALDRIDGE (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Air boost is a not-for-profit llc with the express purpose of saving lives by quickly providing low-cost medical ventilators to hospitals.
What it reported doing in 2024
Development of the low-cost p51 ventilator to be used for treating covid-19 and other ailments.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 90
- Accountability: 60
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 88%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 25th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 21.79; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -102.2% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -102.9% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -40.2% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 88% of spending went to programs
- Governance: 5 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.