Airman Heritage Foundation Inc

Nonprofit profile at a glance

EIN
542134550
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2009
Location
San Antonio, TX, USA
Phone
2106700100
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$90,115
Expenses
$108,190
Assets
$511,515
Liabilities
$47,052

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Danny Sanchez (Vice President)
  • Alfred Herring (President)

People named in this filing

  • Alfred Flowers (Director)
  • Ricardo A Ramirez (Director)
  • Keith Reed (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

The mission of the Airman Heritage Foundation is to support the USAF Airman Heritage Museum and other related Heritage Activities to include creation of a new updated state of the art facility as a training complex and education experience for all airmen and guardians past, present and future.

What it reported doing in 2024

The Foundation supported the USAF Airman Heritage Museum and other heritage related activities in preserving and honoring the history and heritage of enlisted airmen and guardians, in doing so the Foundation strives to increase public awareness of the USAF Airman Heritage Museum and to educate potential, current and future airmen and guardians--- as well as the general public--- about the vital role of enlisted airmen have played in USAF success in defending and preserving our nation. Program expenses include advertising, promotion, information technology, travel and conferences to inform the public, businesses, corporate leadership and Air Force Leadership as stated in the mission of the Foundation. These efforts include the education of public, civic leaders, corporate leaders and the Air Force - oriented associations and organizations using the Foundation Website and social media (Facebook and Twitter), quarterly newsletter, informational brochures and participation in meeting/conferences as opportunities allowed.

Operating model

Revenue model
Donor-supported. 60% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 42
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.1%; rating input score 95
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -20.1%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 4.73; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 13% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -14.6% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $103K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 42 of 42 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.