Tomorrows Aeronautical Museum

Nonprofit profile at a glance

EIN
330830637
IRS 990 coverage
2017–2018
Forms available
Form 990 2018
Location
Compton, CA, USA
Phone
3106181155
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Museum, Museum Activities

Official website

Reported finances

Revenue
$2,306,577
Expenses
$2,011,688
Assets
$4,049,378
Liabilities
$131,286

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

14 people listed

People named in this filing

  • DARYL CULLINS (Chairman)
  • WILLIAM CUNNINGHAM (Director)
  • JEFF KOEHLER (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization has provided interactive programs at school campuses for the enlightenment of children and in the introduction to them of both military and civilian aircraft and aviation generally. Specifically, as an example, the organization has flown helicopters to a school location, with prior governmental authority and had children meet with the pilot, sit in the aircraft and secure general information on the theory of flight.

What it reported doing in 2018

The organization has provided static displays of military aircraft at various air fairs and has provided interactive programs at school campuses for the enlightenment of children and in the introduction to them of both military and civilian aircraft and aviation generally. Specifically, as an example, the organization has flown helicopters to a school location, with prior governmental authority and had children meet with the pilot, sit in the aircraft and learn about flight and aviation in general. These programs have been accomplished through the use of volunteers, both with respect to equipment and personnel. Additionally, the organization provides interactive after school programs for at risk youth.

Operating model

Revenue model
Donor-supported. 91% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Accountability: 63
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 93%; rating input score 93
  • Fundraising efficiency: $11,179.68 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 13th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.01; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: 77.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -74.4% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 93% of spending went to programs
  • Governance: 7 of 9 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.