The Pratt & Whitney Aircraft Club Inc

EIN: 060570970

East Hartford, CT

Total Revenue
$397,481
Total Expenses
$376,915
Total Assets
$627,054
Net Assets
$585,912
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
CT
Principal Officer
Matthew Dawson Vice President
Phone
8605656236
Tax Period
2024-01-01 to 2024-12-31

The Pratt & Whitney Aircraft Club Inc, founded in 1935, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $377K left a modest 5% surplus.

Mission

Promote the physical health and emotional well-being of our members. By doing so, we help Pratt & Whitney, RTX, and American Eagle Financial Credit Union employees / members achieve and embrace an active lifestyle that incorporates a strong and positive social atmosphere.

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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 $187,500
Program Service Revenue $75,259
Investment Income $6,038
Other Revenue $128,684
TOTAL REVENUE $397,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,101
Fundraising Expenses $0
Program Expenses $294,305
Other Expenses $307,814
TOTAL EXPENSES $376,915

Year-over-Year Comparison

2024 2023 Change
Revenue $397,481 $337,029 +0.2%
Expenses $376,915 $321,079 +0.2%
Net Income $20,566 $15,950 +0.3%
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
12
Independent Members
12
Employees
2
Volunteers
13

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
3
$63,693
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Roush Club Manager 40.00
Officer
$63,693 $0 $63,693
Jeff Peck Director 1.00
Director
$0 $0 $0
Matthew Dawson Vice President 1.00
Officer Director
$0 $0 $0
Joe Hillmon Director 1.00
Director
$0 $0 $0
Paul LaPierre Sec / Treasurer 1.00
Officer Director
$0 $0 $0
Franklin Tyler Morrison Director 1.00
Director
$0 $0 $0
Francis Mandy Director 1.00
Director
$0 $0 $0
Don Pitkin Director 1.00
Director
$0 $0 $0
Cyrus James Director 1.00
Director
$0 $0 $0
Elvis Alexander Director 1.00
Director
$0 $0 $0
Tom Sudac Director 1.00
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 $397,481 $376,915 $627,054 $20,566
2023 $337,029 $321,079 $588,392 $15,950
2022 $310,781 $290,474 $578,159 $20,307
2021 $319,582 $320,375 $555,459 $-793
2020 $261,088 $374,377 $608,759 $-113,289
2019 $483,525 $588,184 $704,655 $-104,659
2018 $611,264 $625,819 $803,815 $-14,555
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