Parlor City Flying Club Inc

EIN: 231881322 Recreation & Sports

Bloomsburg, PA

Total Revenue
$99,489
Total Expenses
$77,906
Total Assets
$363,368
Net Assets
$190,866
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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
1964
Legal Domicile
PA
Principal Officer
ADAM M STAFFIN
Phone
5705787549
Tax Period
2023-01-01 to 2023-12-31

Parlor City Flying Club Inc, founded in 1964, is a micro nonprofit in the Recreation & Sports sector that reported $99K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 22% operating margin.

Mission

To foster an interest in general aviation and provide airplane rentals at economical rates for members

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,102
Program Service Revenue $54,652
Investment Income $18,735
Other Revenue $0
TOTAL REVENUE $99,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $77,906
TOTAL EXPENSES $77,906

Year-over-Year Comparison

2023 2022 Change
Revenue $99,489 $69,439 +0.4%
Expenses $77,906 $70,821 +0.1%
Net Income $21,583 $-1,382 -16.6%
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

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Governance

Voting Members
25
Independent Members
N/A
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM M STAFFIN SecretaryTreasurer N/A
Officer
$0 $0 $0
LOUIS D TRUSKOWSKY Vice President N/A
Officer
$0 $0 $0
DANIEL BROADT Director N/A
Director
$0 $0 $0
STEPHEN A DEPALMA Director N/A
Director
$0 $0 $0
DAVID LERCH President 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
2023 $99,489 $77,906 $363,368 $21,583
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