Pitts Flying Museum
Nonprofit profile at a glance
- EIN
- 834674509
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025, Form 990-EZ 2019
- Location
- Queen Creek, AZ, USA
- Phone
- 4803537559
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $40,758
- Expenses
- $77,912
- Assets
- $772,189
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- Cynthia Diaz (Director)
- Peter Diaz (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
A group of aviators whose mission is to educate current and next-generation pilots in the art of aerobatic flying.
What it reported doing in 2025
Tours to interested aviation enthusiasts continued throughout the year. Continued sponsorship of the Hope Kids, Young Eagles and community fly-ins. We continue with PFM updates via our social media and we've had some great comments in return. We are sponsoring a young man who would like to earn his pilots license with the future goal of being accepted to the naval academy. He is a 4.0 student and works as well. He and his family met with Pete and our volunteer pilot Randy to go over expectations. He will be eligible to gain his license once he is over 17 years old and passes an FAA written exam, completes flight training, and obtains a third-class medical certificate. We are certain he will achieve his goals.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 87% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 73
- Accountability: 6
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 50%; rating input score 50; 49th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 10th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- 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: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -91.2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 9.91; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 24.3% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: -39.4% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 2 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 5 filing years from 2020 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 58/100.