PENN YAN FLYING CLUB INC

EIN: 160586352 Recreation & Sports

PENN YAN, NY

Total Revenue
$358,861
Total Expenses
$325,048
Total Assets
$656,975
Net Assets
$654,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
NY
Principal Officer
JOSHUA MOORE
Phone
3155369615
Tax Period
2025-01-01 to 2025-12-31

PENN YAN FLYING CLUB INC, founded in 1941, is a small nonprofit in the Recreation & Sports sector that reported $359K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $325K left a modest 9% surplus.

Mission

THE PENN YAN FLYING CLUB EXISTS TO PROVIDE SAFE, INEXPENSIVE FLYING FOR ITS MEMBERSHIP, TO FURTHER THE CAUSE OF GENERAL AVIATION IN THE CLUB'S EXTENDED COMMUNITY, AND TO PROVIDE AIRCRAFT AND SUPPORTING SERVICES TO ITS MEMBERS.

Program Service Accomplishments

Program 1

FLYING INSTRUCTION AND AIRCRAFT SUPPORT

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,963
Program Service Revenue $275,702
Investment Income $32,235
Other Revenue $48,961
TOTAL REVENUE $358,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,175
Fundraising Expenses $0
Other Expenses $289,873
TOTAL EXPENSES $325,048

Year-over-Year Comparison

2025 2024 Change
Revenue $358,861 $325,968 +0.1%
Expenses $325,048 $293,145 +0.1%
Net Income $33,813 $32,823 +0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
11
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
10
$8,121
Total Directors
10
$8,121
Key Employees
0
$0
Highest Compensated
0
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 (PART YEAR) 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
$7,896 $0 $7,896
JAMES ALEXANDER VICE PRESIDENT 5.00
Officer Director
$225 $0 $225
DARLENE PALMER RECORDING SECRETARY 5.00
Officer 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 $358,861 $325,048 $656,975 $33,813
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
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