PROJECT FLIGHT INC (EIN 203790563) - 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

2005

Legal Domicile

Principal Officer

DR ELIZABETH J CAPPELLA

Phone

7166283739

Tax Period

2024-11-01 to 2025-10-31

PROJECT FLIGHT INC, founded in 2005, is a micro nonprofit in the Education sector that reported $79K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

IMPROVE THE READING AND WRITING ABILITY OF DISADVANTAGED CHILDREN AND FAMILIES IN THE WESTERN NEW YORK AREA.

🔒

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 $79,422

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $79,422

Expense Breakdown

Grants Paid $54,695

Salaries & Benefits $0

Fundraising Expenses $159

Program Expenses $73,015

Other Expenses $31,545

TOTAL EXPENSES $86,240

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,422	$72,254	+0.1%
Expenses	$86,240	$88,907	0.0%
Net Income	$-6,818	$-16,653	-0.6%

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

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
DR GERALDINE BARD	CO-DIRECTOR	N/A	Director	$0	$0	$0
A LAURA K BROSNAHAN	ADVISORY BOA	N/A	Director	$0	$0	$0
JOHN B RENDA CPA	ADVISORY BOA	N/A	Director	$0	$0	$0
DR ELIZABETH J CAPPELLA	CO-DIRECTOR	N/A	Director	$0	$0	$0
CHRISTOPHER HULSMAN	ADVISORY BOA	N/A	Director	$0	$0	$0
JOAN MCCOOL	ADVISORY BOA	N/A	Director	$0	$0	$0
MICHELLE NINACS	ADVISORY BOA	N/A	Director	$0	$0	$0
GERRIANN RONSEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
KAYLENE WAITE	ADVISORY BOA	N/A	Director	$0	$0	$0
BARBARA BONTEMPO	TREASURER	N/A	Officer	$0	$0	$0
ELLEN SPENCER	SECRETARY OF	N/A	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	$79,422	$86,240	$119,383	$-6,818
2024	$72,254	$88,907	$126,201	$-16,653
2023	$66,662	$83,261	$142,854	$-16,599
2022	$130,175	$80,633	$159,453	$49,542
2021	$70,455	$70,608	$109,911	$-153
2020	$49,470	$45,369	$110,064	$4,101
2019	$58,403	$68,316	$105,963	$-9,913

PROJECT FLIGHT INC