Yellow Jacket Flying Club Inc
Nonprofit profile at a glance
- EIN
- 581761019
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, USA
- Phone
- 4045389643
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $516,186
- Expenses
- $599,902
- Assets
- $1,094,563
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Ethan Green (PRESIDENT, Board of Directors)
- Dave Meilander (VICE PRESIDENT OF MAINTENANCE, Board of Directors)
- Benjamin Tam (VICE PRESIDENT OF PROGRAMS, Executive Committee)
- Annika Colmer (VICE PRESIDENT OF MEMBERSHIP, Executive Committee)
People named in this filing
- Shahin Mehrabanzad (CHAIRMAN, Board of Directors)
- Ethan Green (PRESIDENT, Board of Directors)
- Sam Orr (CHIEF FINANCIAL OFFICER, Board of Directors)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization owns and operates five aircraft that are used by members of the flying club at Georgia tech (not members of corporation). These members rent the aircraft near actual cost. The majority of the organization's expenses are directly related to the operation of the aircraft. The organization also hosts events for the public to enhance interest and knowledge of the aviation industry.
What it reported doing in 2024
The organization operates four cessna 172 aircraft that are used to train and educate members on the techniques of aviation and safety in aviation. The organization hosts events to enhance their interest and knowledge of the aviation industry throughout the year. The organization participates in and hosts public events focused on aviation, aviation safety, and aviation-related activities. These activities include, but are not limited to local/regional air shows, such as wings over north Georgia and the great Georgia air show, national events such as eaa airventure in oshkosh, wi, hosting aviation-themed talks, speakers, and discussions on the Georgia tech campus, airport "good neighbor" events and eaa event participation, such as "young eagle" flights. The yjfc also partners with scouts of america to offer opportunities for scouts to earn their merit badges by taking a flight in an airplane.
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- 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
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.5%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -16.2%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.82; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.5% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $561K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 41 of 41 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.