BEducationEIN: 824951965· Ruling Year: 2019

Fly Gateway Aviation Institute

New Castle, Delaware

CHealth Score
38C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.43×
Peer Median20.77×
💰
$1.9M
Total Revenue
📊
$3.0M
Total Expenses
🏦
-$1.3M
Net Assets
📋
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.2%
Year-over-year change (2022 → 2023)
Net Margin
-56.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.43
Net assets divided by total expenses
Liabilities-to-Assets
168.2%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$1,936,97835%$3,023,15128%$1,885,84218%
2022$2,990,819141%$2,365,54650%$1,597,24566%
2021$1,240,86114%$1,572,10641%$961,44640%
2020$1,089,2215%$1,114,61031%$685,79238%
2019$1,147,293129%$1,619,7141042%$1,099,581207%
2018$500,000$141,868$358,132

Frequently Asked Questions

What does Fly Gateway Aviation Institute do?

Fly Gateway Aviation Institute is a education nonprofit organization based in Delaware. It is classified under NTEE code B50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fly Gateway Aviation Institute financially healthy?

Based on our 9-metric Financial Health Score model, Fly Gateway Aviation Institute has a score of 38/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Fly Gateway Aviation Institute generate?

Fly Gateway Aviation Institute reports $4.7M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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Fly Gateway Aviation Institute — New Castle, DE | GiveScope