Flying T Nil Inc is a 501(c)(3) organization based in Dallas, Texas, registered in 2022, with $13,531,001 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$13.5M
▲ 123.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$10.0M
Net assets
$5.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 T Nil 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 Flying T Nil Inc: 7 mo reserves · +26% margin earns a A 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 T Nil 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 Flying T Nil Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $154K (FY2021) to $13.5M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
26.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7M
Total liabilities
$19K
Net assets
$5.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,531,001▲123% | $9,995,834▲111% | $5,667,110▲166% | $5,686,482▲162% | 990 |
| 2023 | $6,060,332▲219% | $4,728,336▲301% | $2,132,383▲166% | $2,167,038▲170% | 990 |
| 2022 | $1,897,849▲1131% | $1,177,796▲1496% | $800,387▲896% | $803,863▲901% | 990 |
| 2021 | $154,118 | $73,784 | $80,334 | $80,334 | 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.
17 grants to Flying T Nil Inc totaling $900K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Student ministry | 2024 | $200,500 |
| Community Foundation of North Texas | For charitable purposes only, as required by the irs - no benefits | 2024 | $30,000 |
| Community Foundation of North Texas | For charitable purposes only, as required by the irs. grant requested by rusty reid | 2024 | $12,500 |
| National Christian Charitable Foundation | Growth | 2023 | $200,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $147,540 |
| National Philanthropic Tr | Human services | 2023 | $30,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2023 | $25,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Community Foundation of North Texas | For general purposes | 2023 | $25,000 |
| Ayco Charitable Foundation | Community & human services | 2023 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $43,500 |
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Data for Flying T Nil Inc (EIN 87-3225936) 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.