Valley Airport Inc

Nonprofit profile at a glance

EIN
421405648
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025
Location
Missouri Valley, IA, USA
Phone
7126423574
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$18,565
Expenses
$8,117
Assets
$56,138

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • SHERMAN STRUBLE (PRESIDENT)

People named in this filing

  • SHERMAN STRUBLE (PRESIDENT)
  • HAROLD OSTLER (SEC/TREAS)
  • STEVE SMITH (VICE PRES)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support and maintain public airport, to aid in educational programs for youth and adults, to aid in charitiable endeavors in and around the community

What it reported doing in 2025

To support and maintain the Missouri valley airportas a public airport with 21 renters

Operating model

Revenue model
Membership-supported. 79% of the money available for current operations came from membership dues.
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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.6%; rating input score 56
  • 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: Limited

Sustainability

  • Operating margin: 56.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 6.92; rating input score 88; 88th 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: 2.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 55.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2011 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.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.