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Note: Some ratios are only available for organizations completing the detailed IRS Form 990.
Smaller organizations that choose to complete the Form 990-EZ do not report on this variable.
Important Advisory: A 990 is one snapshot in time. Although Form 990 ratio analysis provided here can be a useful tool, the information can be dated and cannot reflect current conditions of a nonprofit especially in turbulent economic times. It is important to consider current financial statements of any nonprofit for an accurate picture.
The Foundation's Number of Days of Cash on Hand does not take into account the cash in an operating reserve fund maintained by the Foundation. Expenditures include grants from all Foundation funds and are not indicative of the day-to-day operations of the Foundation.
THE CLUB HAS PURCHASED A SMALL AIRCRAFT FOR RECREATIONAL USE BY ITS MEMBERS. MEMBERS SCHEDULE TIME SLOTS TO USE THE AIRCRAFT. TO DATE, CLUB HAD TEN MEMBERS WHO ENJOYED OVER 60 HOURS OF FLYING TIME IN TOTAL BEFORE THE END OF THE YEAR. A COUPLE OF MEMBERS HIRED A FLYING INSTRUCTOR AND USED SOME OF THE FLIGHT HOURS TOWARD EARNING THEIR PRIVATE PILOT'S LICENSE. THE CLUB'S MEMBERS PAY AN HOURLY FEE FOR THE USE OF THE AIRCRAFT.