PARAMUS FLYING CLUB (EIN 222845767) - 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

1956

Legal Domicile

Principal Officer

JAN SICHERMANN

Phone

9178163722

Tax Period

2024-01-01 to 2024-12-31

PARAMUS FLYING CLUB, founded in 1956, is a small nonprofit that reported $458K in total revenue in fiscal year 2024. The organization ran a surplus of $131K, a strong 29% operating margin.

Mission

FLYING CLUB - SOCIAL CLUB

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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 $0

Program Service Revenue $458,401

Investment Income $0

Other Revenue $0

TOTAL REVENUE $458,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $327,097

TOTAL EXPENSES $327,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$458,401	$464,575	0.0%
Expenses	$327,097	$248,426	+0.3%
Net Income	$131,304	$216,149	-0.4%

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

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
ROBERTO COSTANZO	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DARA DUNN	TRUSTEE	1.00	Officer Director	$0	$0	$0
MICHAEL MOCERI	TRUSTEE	1.00	Director	$0	$0	$0
NIMA SHAFIEE	TRUSTEE	1.00	Officer Director	$0	$0	$0
JAN SICHERMANN	PRESIDENT	1.00	Director	$0	$0	$0
ROBERT TOWNEND	TREASURER	1.00	Officer Director	$0	$0	$0
CHAZ YOON	SECRETARY	1.00	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
2024	$458,401	$327,097	$749,916	$131,304
2023	$464,575	$248,426	$749,514	$216,149
2022	$301,157	$402,818	$380,471	$-101,661
2021	$272,915	$283,134	$505,786	$-10,219
2020	$246,357	$251,867	$256,302	$-5,510
2019	$219,207	$262,699	$266,467	$-43,492
2018	$215,378	$257,750	$329,693	$-42,372

PARAMUS FLYING CLUB