Virgin America Crisis Fund

Nonprofit profile at a glance

EIN
452706286
IRS 990-EZ coverage
2012–2017
Forms available
Form 990-EZ 2017
Location
Burlingame, CA, USA
Phone
6507627396
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Mental Health Center

Reported finances

Revenue
$87,510
Expenses
$348,038
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • EDWINA SHIN (EXECUTIVE DIRECTOR)

People named in this filing

  • PETER HUNT (CHAIR)
  • JENNIFER SHENKER (VICE-CHAIR)
  • NORA GO (SECRETARY)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide disaster relief assistance or medical emergency assistance to employees of virgin america.

What it reported doing in 2017

As a result of virgin airlines being acquired by Alaska airlines, the assets of virgin america crisis fund were transferred to Alaska airlines employee assistance fund, a similar 501-3(c) organization. (19530 international bldv, #108, seattle , wa 98188, fein 91-1567484)the amount of transfer was $296,562.december 31, 2017 is a final tax return for virgin america crisis fund.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.8%; rating input score 59
  • Program expense ratio: 14.8%; rating input score 15

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -297.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: 85.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 39th percentile among comparable filings

Details

  • Where the money goes: 58.8% of revenue deployed · 14.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $51K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2012 to 2017
  • 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 — Financial Efficiency: Program expense ratio scored 15/100.
  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.