Fly Gateway Aviation Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 500,000 | 141,868 | 358,132 | 30.3 | 0% |
| 2019 | 1,147,293 | 1,619,714 | −472,421 | -0.8 | 52% |
| 2020 | 1,089,221 | 1,114,610 | −25,389 | -1.5 | 34% |
| 2021 | 1,240,861 | 1,572,106 | −331,245 | -3.6 | 38% |
| 2022 | 2,990,819 | 2,365,546 | 625,273 | 0.8 | 47% |
| 2023 | 1,936,978 | 3,023,151 | −1,086,173 | -5.1 | 48% |
In its most recent public year (2023), this organization spent $1,086,173 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.1 months), down from 30.3 in 2018. Staff pay was 48% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Fly Gateway Aviation Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works