CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC (EIN 066069083) - 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

1959

Legal Domicile

Principal Officer

JEFFREY A DOMINICK

Phone

8606233305

Tax Period

2025-01-01 to 2025-12-31

CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC, founded in 1959, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2025. Net assets of $7.7M represent 30 months of operating reserves.

Mission

TO PRESERVE AND PRESENT THE STORY OF AVIATION AND AEROSPACE, WITH AN EMPHASIS ON NEW ENGLAND'S ROLE, AND THE GENIUS AND INSPIRATION THAT MADE IT POSSIBLE.

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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 $1,518,723

Program Service Revenue $1,206,725

Investment Income $165,865

Other Revenue $150,185

TOTAL REVENUE $3,041,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,378,109

Fundraising Expenses $140,290

Program Expenses $2,596,682

Other Expenses $1,856,451

TOTAL EXPENSES $3,234,560

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,041,498	$2,969,778	+0.0%
Expenses	$3,234,560	$3,387,227	0.0%
Net Income	$-193,062	$-417,449	-0.5%

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

Volunteers

147

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

$255,767

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORNELIUS P O'LEARY	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM FOLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CARROLL LANE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH THORSTENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MCGUIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE YOUNG	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH WOLNICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY KINSLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN PEREZ	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM P GONET	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
DINA HALVORSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEAN JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WARREN M BOLEY JR	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MORGAN BARRIEAU	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS S SARGIS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAWN L JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT STANGARONE	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM BERKLAS	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM A JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHY WADSWORTH	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMANTHA FOSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY A DOMINICK	TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM H COSTEN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE ABRAMS	PRESIDENT & CEO	50.00	Officer	$234,284	$21,483	$255,767
KAREN GIROUX	CONTROLLER AND GRANTS OFFICER	50.00	Highest	$147,009	$14,140	$161,149
MICHELLE SALAMONE	DIRECTOR OF SALES & MARKETING-EVENTS	50.00	Highest	$125,060	$19,003	$144,063
JOSHUA TAYLOR	COLLECTIONS & FACILITIES MANAGER	50.00	Highest	$101,991	$15,973	$117,964

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	$3,041,498	$3,234,560	$8,009,648	$-193,062
2024	No data	No data	No data	No data
2023	$2,553,382	$3,293,810	$8,753,266	$-740,428
2022	$4,558,571	$2,765,271	$9,031,167	$1,793,300
2021	$2,191,554	$1,837,477	$7,465,349	$354,077
2020	$1,581,746	$1,458,952	$7,101,600	$122,794
2019	$1,665,587	$1,668,075	$6,729,271	$-2,488
2018	$1,423,696	$1,557,090	$6,363,428	$-133,394

CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC