AIRCRAFT BUILDERS COUNCIL INC (EIN 133453493) - 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

1955

Legal Domicile

Principal Officer

DAVID MCCLAIN

Phone

9529284662

Tax Period

2024-01-01 to 2024-12-31

AIRCRAFT BUILDERS COUNCIL INC, founded in 1955, is a small nonprofit that reported $404K in total revenue in fiscal year 2024.

Mission

TO SUPPORT, AND PROMOTE THE CONTINUITY OF, AN INNOVATIVE, COMPETITIVE AIRCRAFT PRODUCTS LIBILITITY INSURANCE FACILITY. TO COMMUNICATE THE EXISTENCE OF SUCH INSURANCE PROGRAMS TO AEROSPCE MANUFACTURING AND PRODUCT SUPPLIERS. TO COORDINATE AN ANNUAL INDUSTRY-LEADING AVIATION SAFETY AND INSURANCE CONFERENCE THAT IS ATTENDED BY BROKERS, UNDERWRITERS, AND EXISTING AND POTENTIAL INSUREDS. TO PROMOTE THE USE OF THE PROGRAM'S PRODUCT SAFETY AND LIABILITY PREVENTION 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 $47,980

Program Service Revenue $353,714

Investment Income $2,328

Other Revenue $0

TOTAL REVENUE $404,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,154

Fundraising Expenses $0

Program Expenses $191,644

Other Expenses $430,472

TOTAL EXPENSES $438,626

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,022	$405,134	0.0%
Expenses	$438,626	$386,085	+0.1%
Net Income	$-34,604	$19,049	-2.8%

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

$5,413

Total Directors

$8,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH GAUG	PRESIDENT	1.00	Officer Director	$1,011	$0	$1,011
DAVID MCCLAIN	VICE PRESIDENT & TREASURER	1.00	Officer Director	$2,196	$0	$2,196
DANA WASTO	SECRETARY	1.00	Officer Director	$2,206	$0	$2,206
JEREMY HOVATER	TRUSTEE	1.00	Director	$0	$0	$0
STACIA BODEN	TRUSTEE	1.00	Director	$1,791	$0	$1,791
KEVIN KUCENSKI	TRUSTEE	1.00	Director	$0	$0	$0
DEIDRE LLOYD	TRUSTEE	1.00	Director	$950	$0	$950
MARC O'CASAL	TRUSTEE	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	$404,022	$438,626	$313,784	$-34,604
2023	$405,134	$386,085	$347,464	$19,049
2022	$403,223	$402,792	$428,037	$431
2021	$350,843	$366,741	$427,333	$-15,898
2020	$202,669	$158,342	$449,726	$44,327
2019	$402,485	$317,048	$400,324	$85,437

AIRCRAFT BUILDERS COUNCIL INC