GRASSHOPPER FLYING CLUB INC (EIN 141577792) - 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

1971

Legal Domicile

Principal Officer

William Greenage

Phone

8455979575

Tax Period

2025-01-01 to 2025-12-31

GRASSHOPPER FLYING CLUB INC, founded in 1971, is a small nonprofit that reported $146K in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $43K, a strong 30% operating margin.

Mission

Advance pilot safety and skills in aviation through the ownership and maintenance of aircraft per FAA standards by sharing ownership in the Grasshopper Flying Club. The number of members varies from year to year but was 57 through most of this year. We currently own and operate three older model Cessna 172 aircraft.

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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 $58,675

Program Service Revenue $86,119

Investment Income $14

Other Revenue $1,385

TOTAL REVENUE $146,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,729

Other Expenses $102,729

TOTAL EXPENSES $102,729

Year-over-Year Comparison

	2025	2024	Change
Revenue	$146,193	$122,112	+0.2%
Expenses	$102,729	$103,580	0.0%
Net Income	$43,464	$18,532	+1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Greenage	president	7	Officer	$0	$0	$0
Brian Beaudin	vice-president	2	Officer	$0	$0	$0
Mark Nelson	secretary	2	Officer	$0	$0	$0
William Kelley	treasurer	7	Officer	$0	$0	$0
Ronald Cook	maintenance officer	2	Officer	$0	$0	$0
Jeffrey Bulson	avionics officer	1	Officer	$0	$0	$0
Sean Murphy	safety officer	1	Officer	$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	$146,193	$102,729	$513,766	$43,464

GRASSHOPPER FLYING CLUB INC