READING AERO CLUB INC (EIN 236410489) - 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

1932

Legal Domicile

Principal Officer

TODD WEAVER

Phone

6103707101

Tax Period

2024-02-01 to 2025-01-31

READING AERO CLUB INC, founded in 1932, is a small nonprofit that reported $205K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $37K, a strong 18% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS FOR THE ENCOURAGEMENT OF AVIATION IN GENERAL: TO ACQUIRE,PRESERVE, AND DISSEMINATE VALUABLE INFORMATION AND KNOWLEDGE ON THE SUBJECT OF AVIATION THROUGH BOOKS, LECTURES AND PAMPHLETS; TO ACQUIRE, OWN, AND MAINTAIN AIRCRAFT, AND TO PROMOTE THE SAFE USE THEREOF; AND TO MAINTAIN A CLUB ROOM FOR USE BY CLUB 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $183,158

Investment Income $9,837

Other Revenue $12,007

TOTAL REVENUE $205,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $168,310

TOTAL EXPENSES $168,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,002	$171,099	+0.2%
Expenses	$168,310	$170,792	0.0%
Net Income	$36,692	$307	+118.5%

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
DREW DREBITKO	ASST MAINT D	N/A	Director	$0	$0	$0
TIM EARNEST	OPERATIONS V	N/A	Director	$0	$0	$0
RICK HARTMAN	TREASURER	N/A	Director	$0	$0	$0
RON HEIM	FINANCIAL SE	N/A	Director	$0	$0	$0
JACQUES HOFFLER	RECORDING SE	N/A	Director	$0	$0	$0
PAUL JONES	ASST. FINANC	N/A	Director	$0	$0	$0
JAY NASSAR	VP ADMINISTR	N/A	Director	$0	$0	$0
KEVIN PENNEBAKKER	MAINTENANCE	N/A	Director	$0	$0	$0
BRIAN STOLTZFUS	SAFETY OFFIC	N/A	Director	$0	$0	$0
TODD WEAVER	PRESIDENT	N/A	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
2025	$205,002	$168,310	$561,950	$36,692
2024	$171,099	$170,792	$525,258	$307
2023	$168,795	$164,852	$525,110	$3,943
2022	$176,288	$151,139	$521,887	$25,149

READING AERO CLUB INC