EMU Inc (EIN 200744013) - 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

2005

Legal Domicile

Principal Officer

Geoffrey Carr

Phone

6503643346

Tax Period

2024-01-01 to 2024-12-31

EMU Inc, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $132K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $194K exceeded revenue, resulting in a 47% operating deficit.

Mission

The primary exempt purpose of this organization is to provide procurement and repair of an airworthy UH-1H Helicopter and to display this helicopter at public air shows to educate the public on the history of Assault Helicopter Companies and Assault Helicopters.

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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 $131,786

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $131,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $190,160

Other Expenses $194,309

TOTAL EXPENSES $194,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,786	$155,514	-0.2%
Expenses	$194,309	$65,241	+2.0%
Net Income	$-62,523	$90,273	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Geoffrey Carr	CEO	10.00	Officer	$0	$0	$0
Clarence P Olesko	Secretary	10.00	Officer	$0	$0	$0
Kevin Frederick	CFO	10.00	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	No data	No data	No data	No data
2024	$131,786	$194,309	$208,285	$-62,523
2023	$155,514	$65,241	$270,808	$90,273
2022	$126,256	$78,096	$180,535	$48,160
2021	$32,870	$29,848	$132,375	$3,022
2020	$42,890	$48,490	$129,353	$-5,600
2019	$55,083	$36,146	$134,953	$18,937
2018	$62,728	$81,419	$116,016	$-18,691

EMU Inc