Air Force Villages Inc

Nonprofit profile at a glance

EIN
562493445
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
San Antonio, TX, USA
Phone
2108386330
Rating
58
Verdict
MIXED
Rating confidence
Standard
Sector
Senior Citizens' Housing/Retirement Communities

Official website

Reported finances

Revenue
$10,824,421
Expenses
$8,120,012
Assets
$38,360,788
Liabilities
$4,465,748

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • LT GEN DARRELL JONES (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • LT GEN DARRELL JONES (CHIEF EXECUTIVE OFFICER): $397,396 total reported compensation
  • LESLIE CISNEROS (SR. MARKETING COUNSELOR): $160,150 total reported compensation
  • SARAH MANZKE (CHIEF GROWTH OFFICER - THRU 7/25): $155,370 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Afv inc., dba blue skies of Texas is dedicated to quality retirement living with emphasis on individual well-being.

What it reported doing in 2024

Air force villages, inc, (dba blue skies of Texas (bst)) and affiliates is a Texas not-for-profit, continuing-care retirement community (ccrc) providing services and care for seniors throughout the full continuum including independent living, assisted living, dementia care, nursing, and hospice. The organization is governed by the bst board of directors, which elects the separate boards of the other entities. Bst operates many of the administrative functions of the organization, including strategic planning, marketing, development, fundraising, finance, technology, and risk management. Supporting organizations are bst senior living east, inc. (bst east), bst senior living west, inc. (bst west), alzheimer's care and research center foundation (acrc), bst health servcies corp. (hsc), and air force villages charitable foundation. See continuation on schedule o

Operating model

Revenue model
Other-operating. 81% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 99% 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 most voting board members are independent. 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: 15
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 74
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.4%; rating input score 19
  • Program expense ratio: 12.8%; rating input score 13
  • Fundraising efficiency: $0.83 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 4.72; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -4.4% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 14th percentile among comparable filings
  • Asset growth: -18.7% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 19.4% of revenue deployed · 12.8% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $397K · 26 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $14.9M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • 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 19/100.
  • High — Financial Efficiency: Program expense ratio scored 13/100.
  • High — Financial Efficiency: Fundraising efficiency scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.