Rtag INC EIN 83-0711772 Form 990 (PDF) Claim this org

Rtag INC

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Helps veterans find aviation careers through education, financial aid, and industry connections. For fiscal year 2023 it reported $714K in revenue, $617K in expenses, and $415K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Commerce City, CO
Website
rtag.org
Filings
3 on file (2019–2023)
Revenue
$714KFY2023
Expenses
$617K
Net assets
$415K
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  83-0711772 Public charity (501(c)(3)) Commerce City, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps veterans find aviation careers through education, financial aid, and industry connections.
Leadership
Joshua Lee · President
Money in and out
$714K revenue, $617K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$714K
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$415K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $97K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate▼ -44% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ ×11 vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$714K
FY2023▲ +106%
Expenses
$617K
FY2023▲ +80%
Total assets
$415K
FY2023▲ +1%
Total liabilities
$0
FY2023
Total revenue
$714K
Pt VIII · Ln 12
Total expenses
$617K
Pt IX · Ln 25
Net assets
$415K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$97K
Total assetsPt X · Ln 16$415K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRtag INC
EINHdr · item D83-0711772
Principal addressHdr · item CCommerce City, CO
WebsiteHdr · item Jrtag.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W30)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President of Special Projects
$0Pt VII · Sec A
Executive Vice President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $345K of program spending, described in the organization's own filed words · FY2023.
01

Annual Aviation and Aerospace Convention RTAG hosted its annual aviation and aerospace convention serving military veterans transitioning into civilian aviation careers. The event provided educational seminars, industry networking opportunities, employer engagement, and career development programming.

$345Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$613K · 86%
Contributions & grants$100K · 14%
Program service revenue86%$613K
Contributions & grants14%$100K
Investment income$927
Total revenueLn 12$714K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$617K
Total functional expensesLn 25$617K

Balance Sheet

Part X · end of year
CashLn 1$415K
Total assetsLn 16$415K
Total liabilitiesLn 26$0
Total net assetsLn 32$415K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $415K · Operating expenses/yr $617K
8.1 months
Where the money goes
Program services
Program services $617K · Total expenses $617K
100%
Management & General
Management & general $0 · Total expenses $617K
0%
Fundraising
Fundraising $0 · Total expenses $617K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $223K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $100K · Total revenue $714K
14%
Government reliance
Government grants — · Total revenue $714K
Earned-income share
Program service revenue $613K · Total revenue $714K
86%
Investment reliance
Investment income $927 · Total revenue $714K
+0.1%
Program self-sufficiency
Program service revenue $613K · Total expenses $617K
99%
Growth & trend
Revenue growth (YoY)
This year $714K · Prior year $346K
+106%
Revenue CAGR
FY2019 $102K · FY2023 $714K
+63%
Net-asset trend (YoY)
End of year $415K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $714K · Expenses $617K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $415K
Net-asset ratio
Net assets $415K · Total assets $415K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $415K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joshua Lee · Reported title President · Highest reported compensation $0 · Total expenses $617K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $617K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 106%
Legal fee ratio 0.2%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $120K · 2022–2023
LifechurchOK · FY2023$50,000
Unitemized GrantFY2023$30,000
Unitemized GrantFY2023$20,000
Unitemized GrantFY2023$10,000
Unitemized GrantFY2022$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$714K revenue · viewing · ⤓ 990 PDF
FY2022$346K revenue · ⤓ 990 PDF
FY2021not on file
FY2020not on file
FY2019$102K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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