Flying V Ltd is a 501(c)(3) organization based in Bethesda, Maryland, registered in 2014, with $349,047 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$349K
▲ 21.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$359K
Net assets
$15K
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 V Ltd— 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 V Ltd: 1 mo reserves · -3% 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 V Ltd— 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 V Ltd: 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.
Revenue grew from $82K (FY2015) to $349K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-2.9%
Spent more than it raised in the latest fiscal year.
Total assets
$15K
Total liabilities
$0
Net assets
$15K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $349,047▲21.3% | $359,073▲21.6% | $15,188▼26.3% | $15,188▼26.3% | 990 |
| 2023 | $287,745▲9.0% | $295,246▲2.9% | $20,620▼26.7% | $20,620▼26.7% | 990 |
| 2022 | $263,923▲6.1% | $286,950▲3.3% | $28,146▲9.6% | $28,146▼12.8% | 990 |
| 2021 | $248,797▼7.7% | $277,866▲29.1% | $25,673▼64.1% | $32,270▼60.6% | 990 |
| 2020 | $269,446▲3.9% | $215,221▼20.0% | $71,553▲313% | $81,805▲298% | 990 |
| 2019 | $259,317▲54.8% | $269,192▲73.6% | $17,328▼28.5% | $20,552▼15.2% | 990 |
| 2018 | $167,521▲24.4% | $155,050▲3.4% | $24,236▲420% | $24,236▲54.0% | 990EZ |
| 2017 | $134,680▼25.9% | $149,992▼9.8% | $4,663▼76.7% | $15,735▼21.2% | 990EZ |
| 2016 | $181,865▲122% | $166,285▲113% | $19,975▲354% | $19,975▲89.0% | 990EZ |
| 2015 | $81,901 | $78,077 | $4,395 | $10,570 | 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.
8 grants to Flying V Ltd totaling $79K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Washington Community Foundation | General support | 2024 | $5,000 |
| The Seattle Foundation | To provide support per the 2023 grant proposal. | 2023 | $8,000 |
| The Seattle Foundation | To provide support flying v | 2022 | $7,500 |
| The Seattle Foundation | 2019 grant proposal. | 2020 | $14,978 |
| The Seattle Foundation | To provide general operating support per 2020 grant proposal. | 2020 | $8,000 |
| The Seattle Foundation | Led lighting. | 2019 | $14,960 |
| Network For Good Inc | Unrestricted | 2019 | $7,077 |
| The Seattle Foundation | Sound equipment | 2017 | $13,000 |
Explore more
Data for Flying V Ltd (EIN 45-3158715) 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.