Bell Ornithopters Flying Club Bell Ornithopters

Nonprofit profile at a glance

EIN
237438063
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023
Location
Eastlake, CO, USA
Phone
4026693487
Rating
34
Verdict
REVIEW
Rating confidence
Moderate

Official website

Reported finances

Revenue
$329,746
Expenses
$180,811
Assets
$966,360
Liabilities
$361,253

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • LUKE PARRVICE (VICE PRESIDENT)
  • CHRIS PANKRATZ (president)

People named in this filing

  • LUKE PARRVICE (VICE PRESIDENT)
  • CHRIS PANKRATZ (president)
  • CHRIS DINGMAN (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To own and/or lease and maintain one or more aircraft for the education, instructoinal flight, and transportation of its members, and to provide through the operation and maintenance of its aircraft the most economical flying facilities possible for general use of the members of the club and their families

What it reported doing in 2025

Club members flew an estimated 2,168 hours in 2025, saving members aproximately $160,000 from what would have been paid to a commercial business instead of this clib which is focused on economical flying that is more financially accessible. Mebmers spent those house in recreational flying and promoting general aviation with their families and friends. Piolts also used their time to obtain multiple pilot certificatoins and ratings, increaseing their flying safty, knowledge, and skill. Theses certifications and ratings include: instument rating, commercial pilot certification, fight instructor certificate, and faa required blennial flight reviews. Members were also given access to new member safty checks, mountain flying safty courses, and advanced avionics proficiency training. No commercial operations were conducted

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Limited
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • 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: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 45.2%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 5.34; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 51.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 36.9% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.