Masterflight Foundation
Nonprofit profile at a glance
- EIN
- 743210810
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990 2020, Form 990-EZ 2022
- Location
- Richmond, IL, USA
- Phone
- 2023607603
- Rating confidence
- Limited
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $0
- Expenses
- $859
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Mark Levin (Board President)
People named in this filing
- Mark Levin (Board President)
- Guadalupe Lopez (Treasurer)
- Linda Garding (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Help ensure the creation of positive role models from diverse populations and economic backgrounds that will inspire young men and women to achieve their full potential. The goal is to make a difference in the aerospace industry, including STEM fields, by increasing access to the field for young men and women, especially people of color. Assist organizations in the recruitment, hiring, development, and retention of diverse talent and positively impact the bottom line.
What it reported doing in 2022
Masterflight Foundation assists new and established organizations to succeed in achieving their missions. Masterflight Foundation consulting services include corporate governance, strategic planning, organizational development, technical assistance, diversity-equity-and-inclusion, fundraising, program design, operations. communications, and public policy.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: -100% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -100% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $859 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- 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 — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.