Flying O Foundation is a 501(c)(3) organization based in New York, New York, registered in 2009, with $83,069 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$83K
▼ 32.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$104K
Net assets
$1.8M
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 Flying O Foundation— 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 Flying O Foundation: 211 mo reserves · -25% 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 Flying O Foundation— 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 Flying O Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $104K (FY2014) to $83K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-25.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $83,069▼32.2% | $103,833▲16.6% | $1,826,589▼1.1% | $1,826,589▼1.1% | 990PF |
| 2023 | $122,536▲538% | $89,038▲1868% | $1,847,353▲1.8% | $1,847,353▲1.8% | 990PF |
| 2022 | $19,208▼72.6% | $4,525▼94.9% | $1,813,855▲0.8% | $1,813,880▲0.8% | 990PF |
| 2021 | $70,137▲19.3% | $88,544▲61.0% | $1,799,172▼1.0% | $1,799,172▼1.0% | 990PF |
| 2020 | $58,767▲16.1% | $54,984▲544% | $1,817,579▲0.2% | $1,817,579▼0.1% | 990PF |
| 2019 | $50,618▲46.1% | $8,544▼85.9% | $1,813,796▲2.0% | $1,818,718▲2.2% | 990PF |
| 2018 | $34,642▼96.1% | $60,602▲493% | $1,778,818▼1.4% | $1,778,818▼1.4% | 990PF |
| 2017 | $884,301▲1592% | $10,228▼91.0% | $1,804,778▲92.8% | $1,804,778▲92.8% | 990PF |
| 2016 | $52,250▼41.5% | $113,476▼28.8% | $936,268▼6.1% | $936,268▼6.1% | 990PF |
| 2015 | $89,373▼13.7% | $159,441▲18.5% | $997,494▼6.6% | $997,494▼6.6% | 990PF |
| 2014 | $103,547 | $134,556 | $1,067,562 | $1,067,562 | 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.
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Data for Flying O Foundation (EIN 26-0217090) 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.