TBM 700 OWNERS AND PILOTS ASSOCIATION INC (EIN 201618146) - 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

2004

Legal Domicile

Principal Officer

J J SUAREZ

Phone

4049935757

Tax Period

2023-01-01 to 2023-12-31

TBM 700 OWNERS AND PILOTS ASSOCIATION INC, founded in 2004, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 10% operating deficit.

Mission

A. TO SERVE AS A FORUM FOR OWNERS AND PILOTS OF ALL SERIES OF DAHER TBM 700, TBM 850 AND TBM 900 AIRCRAFT TO EXCHANGE INFORMATION, IDEAS AND KNOWLEDGE REGARDING THE SAFE, PLEASURABLE, PROPER AND COST EFFECTIVE USE, PILOTAGE,OPERATION AND MAINTENANCE OF THE AIRCRAFT DURING THE ANNUAL CONVENTION. B. TO PROMOTE SAFETY AND OTHER STANDARDS OF USE, PILOTAGE, OPERATION AND MAINTENANCE OF THE AIRCRAFT BY THE MEMBERS DURING THE CONVENTION. C. TO FOSTER EDUCATIONAL AND DEVELOPMENT OPPORTUNITIES FOR MEMBERS WHO ARE PILOTS OR OWNERS OF THE AIRCRAFT, ENHANCING THE NECESSARY COMPETENCIES OF THE MEMBERS WITH RESPECT TO THE USE, PILOTAGE, OPERATION AND MAINTENANCE OF THE AIRCRAFT. MEETINGS DURING ANNUAL CONVENTION. D. TO SERVE AS A CLEARINGHOUSE OF INFORMATION AND RESEARCH PERTINENT TO THE USE, PILOTAGE, OPERATION AND MAINTENANCE OF THE AIRCRAFT. SEE WEBSITE. E. TO PROVIDE RECREATIONAL AND SOCIAL OPPORTUNITIES AMONG THE MEMBERS IN CONNECTION WITH THE SAFE AND PLEASURABLE USE OF THE 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 (2023)

Revenue Breakdown

Contributions & Grants $240,459

Program Service Revenue $827,451

Investment Income $27,755

Other Revenue $65

TOTAL REVENUE $1,095,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $993,112

Other Expenses $1,206,583

TOTAL EXPENSES $1,206,583

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,095,730	$890,451	+0.2%
Expenses	$1,206,583	$1,043,780	+0.2%
Net Income	$-110,853	$-153,329	-0.3%

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

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
CRAIG FORTENBURY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GRUNSFELD	DIRECTOR	1.00	Director	$0	$0	$0
DAVE KAPLAN	DIRECTOR	1.00	Director	$0	$0	$0
TOM KIEFFER	DIRECTOR	1.00	Director	$0	$0	$0
DIERK RUETER	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SOLANO	DIRECTOR,VC	1.00	Director	$0	$0	$0
MISTY STANISTREET	EXECUTIVE SE	1.00	Director	$0	$0	$0
CAREY JOHNSON	SECRETARY/TR	1.00	Officer	$0	$0	$0
J J SUAREZ	CHAIRMAN	1.00	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
2024	No data	No data	No data	No data
2023	$1,095,730	$1,206,583	$530,719	$-110,853
2022	$890,451	$1,043,780	$641,572	$-153,329
2021	$825,918	$762,163	$794,901	$63,755
2020	$219,607	$291,327	$731,146	$-71,720
2019	$847,009	$663,764	$802,866	$183,245
2018	$381,975	$351,249	$619,621	$30,726

TBM 700 OWNERS AND PILOTS ASSOCIATION INC