PENN YAN FLYING CLUB INC (EIN 160586352) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

JOSHUA MOORE

Phone

3155369615

Tax Period

2024-01-01 to 2024-12-31

PENN YAN FLYING CLUB INC, founded in 1941, is a small nonprofit in the Recreation & Sports sector that reported $326K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $293K left a modest 10% surplus.

Mission

FLYING INSTRUCTION AND AIRCRAFT SUPPORT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,799

Program Service Revenue $261,642

Investment Income $15,037

Other Revenue $47,490

TOTAL REVENUE $325,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,566

Fundraising Expenses $0

Other Expenses $260,579

TOTAL EXPENSES $293,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,968	$292,861	+0.1%
Expenses	$293,145	$286,929	+0.0%
Net Income	$32,823	$5,932	+4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

125

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

$9,438

Total Directors

$9,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN GRUSCHOW	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOSHUA MOORE	CASH TREASURER	5.00	Officer Director	$0	$0	$0
JOSH CALLEY	CORRESPONDING SECRETARY	5.00	Officer Director	$0	$0	$0
TAD SMITH	BUILDINGS & GROUNDS	5.00	Officer Director	$0	$0	$0
HOWARD BOZENHARD	HUMAN RESOURCES	5.00	Officer Director	$0	$0	$0
JAVAN MARTIN	RECORDING SECRETARY	5.00	Officer Director	$0	$0	$0
TORY CARISSIMO	MEMBER ACCOUNTS TREASURER	5.00	Officer Director	$0	$0	$0
JEFF WHITE	MAINTENANCE OFFICER	5.00	Officer Director	$9,225	$0	$9,225
JAMES ALEXANDER	VICE PRESIDENT	5.00	Officer Director	$213	$0	$213

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	$325,968	$293,145	$601,870	$32,823
2023	$292,861	$286,929	$536,343	$5,932
2022	$294,472	$287,246	$490,511	$7,226
2021	$323,346	$297,053	$514,049	$26,293
2020	$216,076	$231,378	$488,876	$-15,302
2019	$225,425	$231,250	$491,116	$-5,825
2018	$180,237	$198,819	$482,514	$-18,582

PENN YAN FLYING CLUB INC