Experimental Aircraft Association C Chapter 123
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Experimental Aircraft Association C Chapter 123 is a 501(c)(3) organization based in Midland, Texas, registered in 2017, with $2,643 in FY2024 revenue. CharityIndex grades it B.
4008 Fairwood Dr, Midland, TX, 79707 EIN 81-0553174 Since 2017
Revenue (FY2024)
$2,643
▲ 288.1% vs prior year
Expenses (FY2024)
$1,484
Net assets
$29K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Experimental Aircraft Association C Chapter 123— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating231 mo reserves · +44% margin
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 Experimental Aircraft Association C Chapter 123: 231 mo reserves · +44% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Experimental Aircraft Association C Chapter 123— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Experimental Aircraft Association C Chapter 123: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $2,575 (FY2018) to $2,643 (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $29K
Operating margin
43.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$29K
Total liabilities
$0
Net assets
$29K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,643▲288% | $1,484▲5.7% | $28,577▼1.2% | $28,577▼1.2% | 990PF |
| 2023 | $681 | $1,404▲77.0% | $28,935▲3.0% | $28,935▲3.0% | 990PF |
| 2022 | $0 | $793▲6.0% | $28,101▼55.6% | $28,101▼55.6% | 990PF |
| 2021 | $0▲100% | $748▼76.7% | $63,359▼1.2% | $63,359▼1.2% | 990PF |
| 2020 | -$9,745▼562% | $3,209▲64.8% | $64,107▲58.6% | $64,107▲58.6% | 990PF |
| 2019 | $2,111▼18.0% | $1,947▲67.6% | $40,410▲0.4% | $40,410▲0.4% | 990PF |
| 2018 | $2,575 | $1,162 | $40,246 | $40,246 | 990PF |
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.
Frequently asked questions
- Is Experimental Aircraft Association C Chapter 123 a legitimate nonprofit?
- Yes. Experimental Aircraft Association C Chapter 123 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-0553174, based in Midland, Texas. Donations are tax-deductible.
- What is Experimental Aircraft Association C Chapter 123's EIN?
- Experimental Aircraft Association C Chapter 123's Employer Identification Number (EIN) is 81-0553174.
- How much revenue does Experimental Aircraft Association C Chapter 123 report?
- Experimental Aircraft Association C Chapter 123 reported $2,643 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Experimental Aircraft Association C Chapter 123 have?
- CharityIndex grades Experimental Aircraft Association C Chapter 123 B, based on financial health (reserves and operating margin).
More nonprofits in Midland
Explore more
Data for Experimental Aircraft Association C Chapter 123 (EIN 81-0553174) 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.