AERO CLUB OF NEW ENGLAND (EIN 042743144) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1907

Legal Domicile

Principal Officer

DAVID O'LEARY

Phone

9782430844

Tax Period

2024-07-01 to 2025-06-30

AERO CLUB OF NEW ENGLAND, founded in 1907, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 44% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS TO MEN AND WOMEN ENTERING AVIATION CAREERS; AND TO PROVIDE AVIATION SAFETY SEMINARS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,421

Program Service Revenue $27,310

Investment Income $32,876

Other Revenue $0

TOTAL REVENUE $234,607

Expense Breakdown

Grants Paid $52,241

Salaries & Benefits $0

Fundraising Expenses $4,300

Program Expenses $108,676

Other Expenses $78,903

TOTAL EXPENSES $131,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,607	$142,771	+0.6%
Expenses	$131,144	$128,245	+0.0%
Net Income	$103,463	$14,526	+6.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN SCHRAGER	DIRECTOR	0.50	Director	$0	$0	$0
KEITH LEONHARDT	SECRETARY/DIRECTOR	4.00	Officer Director	$0	$0	$0
JOHN GODFREY	DIRECTOR	0.50	Director	$0	$0	$0
GARY KEARNEY	DIRECTOR	5.00	Director	$0	$0	$0
GEORGIA PAPPAS	DIRECTOR	5.00	Director	$0	$0	$0
JEFF BAUER	DIRECTOR	0.50	Director	$0	$0	$0
DAVID MARGOLIS	DIRECTOR	0.50	Director	$0	$0	$0
DEIRDRE O'CONNOR	TREASURER/DIRECTOR	4.00	Officer Director	$0	$0	$0
RICHARD GHASTIN	DIRECTOR	0.50	Director	$0	$0	$0
RICK KENIN	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES BURES	DIRECTOR	0.50	Director	$0	$0	$0
DAVID HAMPSON	DIRECTOR	0.50	Director	$0	$0	$0
DAVID O'LEARY	PRESIDENT/DIRECTOR	4.00	Officer Director	$0	$0	$0
DAVID DINEEN	DIRECTOR	0.50	Director	$0	$0	$0
NICHOLAS MOTLAGH	V.P./DIRECTOR	3.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$234,607	$131,144	$1,213,354	$103,463
2024	$142,771	$128,245	$1,029,248	$14,526
2023	$97,268	$108,847	$964,970	$-11,579
2022	$101,638	$54,914	$924,101	$46,724
2021	$89,606	$41,733	$1,024,498	$47,873
2020	$79,664	$66,231	$821,138	$13,433
2019	$120,557	$97,816	$808,493	$22,741
2018	$154,546	$123,441	$793,364	$31,105

AERO CLUB OF NEW ENGLAND