The Parachute Association Co Mark Springer
Nonprofit profile at a glance
- EIN
- 331179922
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990-EZ 2012
- Location
- Ft Benning, GA, USA
- Phone
- 7065455060
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $58,127
- Expenses
- $68,877
- Assets
- $9,040
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the parachute association is to promote the morale and esprit de corp of all airborne qualified personnel and official guests of airborne functions, as well as develop a sense of pride and fraternity among the most recent paratroopers.
What it reported doing in 2012
Promoted morale and esprit de corp of approximately 325 airborne personnel by providing funds to purchase property and supplies as approved by the council, providing gifts and awards for members and guests at appropriate occasions such as the airborne ball, purchasing airborne memorabilia and gifts for approximately 60 departing soldiers, supplies and refreshments for organizational meetings, activities and ceremonies, providing funds for passports and travel to represent u.s. Airborne in other countries, and distributing a token of the airborne spirit (in the form of a coin) to all participating paratroopers.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 82
- Sustainability: 14
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.3%; rating input score 15
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.5%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 15.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 15/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.