American Airlines Family Fund Inc

Nonprofit profile at a glance

EIN
752855813
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Fort Worth, TX, USA
Phone
6822780449
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Corporate Foundations

Reported finances

Revenue
$3,076,656
Expenses
$1,226,756
Assets
$2,455,809
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JIM MOSES (PRESIDENT)

People named in this filing

  • CAROLYNE TRUELOVE (DIRECTOR)
  • SOPHIA PHILLIS-ORTIZ (DIRECTOR)
  • JIM MOSES (PRESIDENT)

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 fund was established specifically to provide assistance to american airlines, inc. And envoy air, inc. Employees (who number in excess of 100,000) and their families suffering significant financial and personal hardship and losses arising from natural disasters, accidents, civil unrest, or serious illness, not covered by insurance or other resources. Assistance will be in the form of loans and grants, medical care, utilities, temporary shelter, transportation to safety, and funeral expenses. In addition, the fund may also make grants or loans to other section 501(c)(3) organizations and sponsoring or supporting programs conducted by other section 501(c)(3) organizations that further similar exempt purposes.

What it reported doing in 2024

The fund was established specifically to provide assistance to american airlines, inc. And envoy air, inc. Employees (which number in excess of 100,000) and their families suffering significant financial and personal hardship and losses arising from natural disasters, accidents, civil unrest, or serious illness not covered by insurance or other resources. Assistance will be in the form of grants, medical care, utilities, temporary shelter, transportation to safety, and funeral expenses. In addition, the fund may make grants or loans to other 501(c)(3) organizations that further similar exempt purposes.

Operating model

Revenue model
Affiliate-supported. 73% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 94
  • Accountability: 6
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.4%; rating input score 40
  • Program expense ratio: 99.9%; rating input score 100
  • 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60.1%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 21.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 56.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings

Details

  • Where the money goes: 40.4% of revenue deployed · 99.9% of spending went to programs
  • Governance: 0 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 4 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.