RICKENBACKER-WOODS TECHNOLOGY MUSEUM AND HISTORICAL PARK INC

EIN: 050590212 501(c)(3)

COLUMBUS, OH

Total Revenue
$316,908
Total Expenses
$298,523
Total Assets
$52,078
Net Assets
$52,078
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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
2003
Legal Domicile
OH
Principal Officer
Michael Aaron
Phone
6144273201
Tax Period
2024-01-01 to 2024-12-31

RICKENBACKER-WOODS TECHNOLOGY MUSEUM AND HISTORICAL PARK INC, founded in 2003, is a small nonprofit that reported $317K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $299K left a modest 6% surplus.

Mission

TO OPERATE A TECHNOLOGY MUSEUM, HISTORICAL PARK, EDUCATION CENTER AND AUXILIARY FACILITIES TO PROMOTE AN UNDERSTANDING OF TECHNOLOGY AND SCIENCE AS A MEANS OF INNOVATION, PROBLEM SOLVING ADN SOCIAL PROGRESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $316,129
Program Service Revenue $0
Investment Income $0
Other Revenue $779
TOTAL REVENUE $316,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,720
Fundraising Expenses $0
Program Expenses $286,389
Other Expenses $247,803
TOTAL EXPENSES $298,523

Year-over-Year Comparison

2024 2023 Change
Revenue $316,908 $201,968 +0.6%
Expenses $298,523 $205,685 +0.5%
Net Income $18,385 $-3,717 -5.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
5
$50,720
Total Directors
4
$0
Key Employees
1
$50,720
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Aaron President 40
Officer Key Emp Highest
$50,720 $0 $50,720
Nicole Makeda Treasurer 2
Officer Director
$0 $0 $0
Brain Scarpino Secretary 2
Officer Director
$0 $0 $0
Doreen Uhas Sauer Vice president 2
Officer Director
$0 $0 $0
Carol Beckerie Trustee 2
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
2024 $316,908 $298,523 $52,078 $18,385
2023 No data No data No data No data
2022 No data No data No data No data
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