The Wings Club Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

30 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

See schedule o.

Tax exempt club activities.

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 86.4%; rating input score 86; 31st percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 9.1%; rating input score 68; 68th percentile among comparable filings
Total-asset coverage ratio: 1.32; rating input score 54; 54th percentile among comparable filings
Liabilities to assets ratio: 0.37; rating input score 30; 30th percentile among comparable filings
Officer compensation ratio: 40.7%; rating input score 3; 3rd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 28 of 28 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $256K · 30 people listed · 2 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed
Consistency: 15 of 16 current checks pass · 1 finding to review
Schedules: 7 filed schedules · includes major donors, grants, and executive pay
Money network: 1 filed money-flow record
Related organizations: 2 filed related-organization links
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.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: Form 990 shared with the board not reported.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
Review — Sustainability: Total-asset coverage ratio scored 54/100.
High — Sustainability: Officer compensation ratio scored 3/100.
Moderate — Sustainability: Liabilities to assets ratio scored 30/100.