Regional Air Cargo Carriers

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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

Principal Officer

Jim Goddard

Phone

9739853055

Tax Period

2025-01-01 to 2025-12-31

Regional Air Cargo Carriers, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $464K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Expenses of $405K left a modest 13% surplus.

Mission

Education and promotion of Air Cargo Carry Services, Transportation requirements and developments, and industry demands.

Program Service Accomplishments

Program 1

Expenses: $321,428

To promote the education and progression of air cargo transportation and help to enhance and improve existing services in the said endeavor.

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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 (2025)

Revenue Breakdown

Contributions & Grants $83,084

Program Service Revenue $327,032

Investment Income $51,153

Other Revenue $3,000

TOTAL REVENUE $464,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,458

Fundraising Expenses $0

Program Expenses $321,428

Other Expenses $322,403

TOTAL EXPENSES $404,861

Year-over-Year Comparison

	2025	2024	Change
Revenue	$464,269	$503,973	-0.1%
Expenses	$404,861	$434,840	-0.1%
Net Income	$59,408	$69,133	-0.1%

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

$82,458

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Goddard	President	10.00	Officer	$67,333	$0	$67,333
Jeanne Cook	Director	1.00	Director	$0	$0	$0
Jeff Drees	Director	1.00	Director	$0	$0	$0
Mike Church	Director	1.00	Director	$0	$0	$0
Nick Kleoppel	Vice President	5.00	Officer	$15,125	$0	$15,125
Linda Markham	Director	1.00	Director	$0	$0	$0
Patrick Fluegeman	Director	1.00	Director	$0	$0	$0
Tracie Walter	Vice Chairperson	1.00	Officer	$0	$0	$0
Tim Komberec	President Chairman	1.00	Officer	$0	$0	$0
Dustin Teverbaugh Jr	Treasurer	1.00	Officer	$0	$0	$0
Kevin Bernhardt	Director	1.00	Director	$0	$0	$0
Chris Church	Director	1.00	Director	$0	$0	$0
James Nizinski	Director	1.00	Director	$0	$0	$0
Dan Knesek	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
2025	$464,269	$404,861	$1,187,772	$59,408
2024	$503,973	$434,840	$1,105,163	$69,133
2023	$497,280	$387,814	$1,017,193	$109,466
2022	$442,928	$335,857	$883,822	$107,071
2021	$203,986	$315,713	$767,092	$-111,727
2020	$213,115	$142,116	$871,178	$70,999
2019	$372,911	$299,078	$815,799	$73,833
2018	$340,657	$286,776	$756,816	$53,881