GATHERING OF EAGLES

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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

2006

Principal Officer

CHRIS GOODLOE

Phone

3348341040

Tax Period

2023-08-01 to 2024-07-31

GATHERING OF EAGLES, founded in 2006, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 66% operating deficit.

Mission

THE MISSION OF THE GATHERING OF EAGLES FOUNDATION IS TO RAISE FUNDS IN ORDER TO INTERVIEW PAST AND PRESENT LEGENDS IN AVIATION AS PART OF THE ACADEMIC CURRICULUM AT THE U.S. AIR FORCE'S AIR COMMAND AND STAFF COLLEGE. THE MONEY RAISED THROUGH SALES OF SPECIALLY CREATED AND SIGNED LITHOGRAPHS AND OTHER MEMORABILIA IS USED TO BRING THESE AVIATION GUESTS TO MAXWELL AFB EACH YEAR TO LECTURE TO THE ACSC STUDENTS AS THE CULMINATING EVENT OF THE SCHOOL YEAR.

Program Service Accomplishments

Program 1

Expenses: $21,697

ORGANIZE AND RUN A GATHERING OF ACSC STUDENTS AND AVIATION LEGENDS AT END OF ACSC ACADEMIC YEAR; EVENTS TO INCLUDE LECTURES, MEALS AND SOCIAL OPPORTUNITIES.

Program 2

INTERVIEW AVIATION GUESTS, THEN BRING THE GUESTS TO LECTURE TO ACSC STUDENTS AT THE END OF THE ACADEMIC YEAR.

Program 3

PROVIDE FUNDS TO BRING AVIATION GUESTS TO LECTURE TO ACSC STUDENTS; FUNDS OBTAINED THROUGH PRODUCTION AND SALE OF LIMITED EDITION LITHOGRAPHS AND DONATIONS FROM LOCAL COMMUNITY SUPPORTERS.

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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 $20,034

Program Service Revenue $11,930

Investment Income $23

Other Revenue $0

TOTAL REVENUE $31,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,334

Program Expenses $50,780

Other Expenses $53,077

TOTAL EXPENSES $53,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,987	$62,996	-0.5%
Expenses	$53,077	$73,354	-0.3%
Net Income	$-21,090	$-10,358	+1.0%

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

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
CHRIS GOODLOE	PRES FYE 7/2	N/A	Officer Director	$0	$0	$0
CHASE KING	TREASURER FY	N/A	Officer Director	$0	$0	$0
BLAKE LIDDLE	OPERATIONS F	N/A	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
2024	$31,987	$53,077	$269,007	$-21,090
2023	$62,996	$73,354	$246,773	$-10,358