Franconia Soaring Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO PRESERVE THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND OUTDOOR RECREATIONAL USE. TO PROVIDE EDUCATIONAL PROGRAMS AND TRAINING MATERIALS RELATED TO THE SCIENCE AND ART OF MOTORLESS FLIGHT. PROVIDE FLYING EQUIPMENT AND FACILITIES TO ASSIST IN THE PROMOTION AND EDUCATION OF STUDENTS, PILOTS, YOUTH ORGANIZATIONS AND THE GENERAL PUBLIC RELATED TO MOTORLESS FLIGHT AND PUBLIC SAFETY. TO ENCOURAGE, PROMOTE AND PROVIDE FOR THE TRAINING OF KNOWLEDGE, SKILLS AND PRACTICES OF MOTORLESS FLIGHT. TO STUDY AND RESEARCH THE SCIENTIFIC TECHNIQUES OF SOARING IN THE METEOROLOGICAL CONDITION IN THE LOCAL AREA OF THE ORGANIZATION AND TO MAKE THESE FINDINGS AVAILABLE TO THE PUBLIC. TO PROVIDE ENHANCED OPPORTUNITIES FOR MOTORLESS FLIGHT BY FACILITATING OEPRATIONS IN CLOSE PROXIMITY TO THE UNIQUELY FAVORABLE SOARING CONDITIONS IN FRANCONIA, NEW HAMPSHIRE.
- Income
- $270,297
- Spending
- $117,823
- Spent on programs
- 89%
- Reserves
- -75.2 months of spending
- Largest source of income
- government grants, 69%
- Employees
- 0
- Volunteers
- 20
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 22% of charities in its peer group (youth development, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 44% of what it owns.
Living within its means
15 of 15Income exceeded spending by 56% of income.
Income trend
15 of 15Income rose 105% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 64% of charities in its peer group (youth development, $250k to $1m).
Independent board
25 of 257 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $7,730 spent. TRAINING AND EDUCATION - AVIATION STEM STUDENT INTRODUCTORY FLIGHTS, WITH GROUND AND FLIGHT INSTRUCTION, AND ADAPTIVE DAY INTRODUCTORY FLIGHTS FOR DISABLED INDIVIDUALS TO ENHANCE THE PUBLIC KNOWLEDGE OF THE ART AND SCIENCE OF MOTORLESS FLIGHT.
- $97,271 spent. TO MAINTAIN AN AIRFIELD IN FRANCONIA, NH FOR THE ORGANIZATION TO UTILIZE IN EFFORTS TO CONTINUE THEIR MISSION OF TRAINING AND EDUCATION OF THE ART OF MOTORLESS FLIGHT, WHILE PRESERVING THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND RECREATIONAL USE.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.