Legacy Flight Academy
Nonprofit profile at a glance
- EIN
- 454549243
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Oxon Hill, MD, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $49,463
- Expenses
- $61,355
- Assets
- $166,621
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Kenneth Thomas (President)
- Aaron Jones (Vice President)
People named in this filing
- Kenneth Thomas (President)
- Tieu Myers (Secretary)
- Aaron Jones (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To uphold and sustain the LEGACY of the heroic Tuskegee Airmen while encouraging youth to pursue aerospace and Science, Technology, Engineering, and Math (STEM) careers.
What it reported doing in 2024
Eyes Above the Horizon (EAH) is a Single day Flight orientation and STEM-focused program targeting school-aged children ages 10-19. The program aims to develop and foster an interest in aerospace careers through flight introductions, mentorship, and immersion into the rich history and legacy of the Tuskegee Airmen.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 94
- Accountability: 76
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.7%; rating input score 78
- Program expense ratio: 62.7%; rating input score 63
- Fundraising efficiency: $97.18 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
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; 80th 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; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: -24%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 2.72; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -14.5% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: -12.1% per year; rating input score 0; 28th percentile among comparable filings
- Asset growth: 18.3% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 77.7% of revenue deployed · 62.7% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- 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 — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.