Liberty Warbird Association
Nonprofit profile at a glance
- EIN
- 453983754
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016, Form 990-N 2020
- Location
- Lititz, PA, USA
- Phone
- 7176823230
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $175,780
- Expenses
- $82,552
- Assets
- $612,626
- Liabilities
- $29,718
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MICHAEL P CAIMI (PRESIDENT)
People named in this filing
- MICHAEL P CAIMI (PRESIDENT)
- DAVID JONES (BOARD MEMBER)
- GREG KAUFFMAN (SECRETARY)
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 educate the public to the unique role played by the huey helicopter and its crews during the vietnam conflict through demonstrations and public events.
What it reported doing in 2024
The organization educated all generations about the unique role played by the huey helicopter during the vietnam conflict and continued its ongoing restoration of the historic aircraft. The organization is open to the public during restoration. Helicopter presentations were conducted at veterans events held locally, as well as at veterans events held throughout pa and other states. The organization exhibited the huey to 25,000-30,000 visitors at a total of 66 events in 2024 - 14 flight events, 3 speaker events, 47 hosted hangar visits, and 2 fundraising events. The organization continued the preservation and publication of the oral history of vietnam veterans by sharing stories and accounts of their heroic service. The organization supports veterans by offering ptsd therapy and counseling services to area veterans as needed.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 59
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.2%; rating input score 47
- Program expense ratio: 98.3%; rating input score 98
- 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: 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: 2 of 7 controls in place; rating input score 29
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 53%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 7.42; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 47.2% of revenue deployed · 98.3% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 47/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.