Mid-atlantic Aerospace Complex Inc is a 501(c)(6) organization based in Bridgeport, West Virginia, registered in 1994, with -$579,259 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
-$579K
▼ 259.3% vs prior year
Expenses (FY2024)
$273K
Net assets
$3.0M
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 Mid-atlantic Aerospace Complex 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 Mid-atlantic Aerospace Complex Inc: 131 mo reserves · -147% margin earns a F 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 Mid-atlantic Aerospace Complex 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 Mid-atlantic Aerospace Complex Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $361K (FY2013) to -$579K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-147.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$35K
Net assets
$3.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$579,259▼259% | $272,536▲22.2% | $2,964,531▼22.3% | $2,999,497▼23.9% | 990 |
| 2023 | $363,545▲14.0% | $222,996▲2.9% | $3,816,326▲3.8% | $3,942,483▼2.5% | 990 |
| 2022 | $318,842▲13.2% | $216,711▲7.4% | $3,675,777▲2.9% | $4,044,926▼2.8% | 990 |
| 2021 | $281,584▲4.4% | $201,849▲0.1% | $3,573,646▲2.3% | $4,160,654▼3.0% | 990 |
| 2020 | $269,845▲4.2% | $201,557▼1.4% | $3,493,912▲2.0% | $4,289,266▼3.2% | 990 |
| 2019 | $258,989▼0.7% | $204,357▲0.3% | $3,425,624▲1.6% | $4,430,896▼3.3% | 990 |
| 2018 | $260,911▲8.3% | $203,837▼18.8% | $3,370,991▲1.7% | $4,579,916▼2.6% | 990 |
| 2017 | $240,957▲6.9% | $251,153▲2.8% | $3,313,918▼0.3% | $4,700,380▼3.8% | 990 |
| 2016 | $225,498▼39.4% | $244,331▼4.4% | $3,324,114▼0.6% | $4,888,579▼4.2% | 990 |
| 2015 | $372,068▲7.8% | $255,619▲3.0% | $3,342,947▲3.6% | $5,100,914▼1.1% | 990 |
| 2014 | $345,140▼4.4% | $248,239▲11.2% | $3,226,498▲3.1% | $5,156,421▼1.4% | 990 |
| 2013 | $360,962 | $223,147▼39.9% | $3,129,596▲4.6% | $5,227,952▼0.3% | 990 |
| 2012 | — | $371,518▼16.4% | $2,991,783▲3.1% | $5,243,679▼1.3% | 990 |
| 2011 | — | $444,278 | $2,900,424 | $5,314,137 | 990 |
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 Mid-atlantic Aerospace Complex Inc (EIN 55-0727484) 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.