Air Sailing Inc

Charity Navigator Rating: 1 Star (51%)

Air Sailing Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is primarily derived from its Accountability & Finance score of 51%, suggesting that while there are some strengths, there are also notable weaknesses that could impact donor confidence.

One of the organization's strengths includes a fully independent board, with 10 out of 10 members being independent, as well as a solid score for documenting board meeting minutes. Additionally, the organization shows no material diversion of assets and maintains a liabilities to assets ratio of 0.00%, reflecting a sound financial structure in that regard. However, the low program expense ratio of 52.05% raises concerns, as it suggests that less than half of its expenses are going directly to programs, which is below the expectations for efficient nonprofit operations.

In summary, while Air Sailing Inc demonstrates several strong accountability practices, its low program expense ratio indicates that a significant portion of its resources may not be directed towards its mission. Potential donors should weigh this information carefully when considering support for the organization.

This AI summary has been generated from information found on Charity Navigator.

Air Sailing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Air Sailing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,000

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