Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc is a 501(c)(3) organization based in Spotsylvania, Virginia, registered in 2015, with $53,580 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$54K
▼ 19.9% vs prior year
Education median: $200K
Expenses (FY2024)
$53K
Net assets
$3,387
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $110K (FY2022) to $54K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
1.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3,387
Net assets
$3,387
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $53,580▼19.9% | $52,926▼31.4% | $3,387▲23.9% | $3,387▲23.9% | 990EZ |
| 2023 | $66,889▼39.3% | $77,120▼26.5% | $2,733▼88.6% | $2,733▼88.6% | 990EZ |
| 2022 | $110,233 | $104,936 | $23,997 | $23,997 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $5,075 |
| American Online Giving Foundation Inc | General support | 2022 | $10,519 |
| Ayco Charitable Foundation | Education | 2022 | $10,000 |
| Silicon Valley Community Foundation | Education | 2019 | $24,000 |
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Data for Arnold Air Society - Silver Wings Angel Flight Educational Fund Inc (EIN 47-1229002) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.