Finlys Wings at Work
Nonprofit profile at a glance
- EIN
- 830520373
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990-EZ 2025
- Location
- New Richland, MN, USA
- Phone
- 5073835199
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public, Society Benefit N.E.C.
Reported finances
- Revenue
- $86,082
- Expenses
- $38,590
- Assets
- $279,766
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- NICHOLAS BUDACH (President)
- ERIN BUDACH (CEO)
- BRANDON WAYNE (Vice President)
People named in this filing
- NICHOLAS BUDACH (President)
- ERIN BUDACH (CEO)
- BRANDON WAYNE (Vice 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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Finlys Wings at Work mission is to donate to kids who are dealing with health issues, including kids going through hospitalization for medical treatment to support them both financially and emotionally.
What it reported doing in 2025
To benefit and improve conditions for pediatric care of those undergoing various medical treatments.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.5%; rating input score 30
- Program expense ratio: 67.9%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 55.2%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 7.25; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 28.4% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 20.1% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 30.5% of revenue deployed · 67.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $26K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2018 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.