American Airpower Heritage Foundation Inc
Nonprofit profile at a glance
- EIN
- 742318005
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 8777677175
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,705,278
- Expenses
- $2,109,225
- Assets
- $21,752,987
- Liabilities
- $97,745
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- HENRY COATES (PRESIDENT (TERM ENDED IN 2024))
- DAVID OLIVER (PRESIDENT (TERM BEGAN IN 2024))
People named in this filing
- MARK NOVAK (BOARD MEMBER)
- GERALD OLIVER (BOARD MEMBER)
- DENNIS SCHELL (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To assist the commemorative air force, inc. (caf), the american airpower heritage flying museum, inc. (aahfm), and the american airpower heritage museum, inc. (aahm) in the preservation, operation, and exhibition of world war ii aircraft and related paraphenalia.
What it reported doing in 2024
To foster and perpetuate the commemorative air force and the american airpower heritage museum and their goals and objectives by accepting contributions and gifts and any other activities which shall generate funds for the continuing existence of the commemorative air force and the american airpower heritage museum.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 54% for direct work, and 46% for grants.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 80
- Accountability: 94
- Sustainability: 90
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.6%; rating input score 59
- Program expense ratio: 95.1%; rating input score 95
- Fundraising efficiency: $23.26 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 58.7%; rating input score 59; 17th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 43.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 10.31; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: -1.3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 58.6% of revenue deployed · 95.1% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Transparency & Controls: Grant itemization coverage scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.