FLYING ANGELS INC (EIN 237030127) - 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

1953

Legal Domicile

Principal Officer

Curtis Clark

Tax Period

2023-01-01 to 2023-12-31

FLYING ANGELS INC, founded in 1953, is a small nonprofit that reported $135K in total revenue in fiscal year 2023. The organization ran a surplus of $50K, a strong 37% operating margin.

Mission

PROVIDE A SAFE ENVIRONMENT FOR GENERAL AVIATION AND THE EDUCATION THEREOF

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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 $13,692

Program Service Revenue $110,725

Investment Income $2,938

Other Revenue $7,914

TOTAL REVENUE $135,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,169

Fundraising Expenses $0

Other Expenses $78,133

TOTAL EXPENSES $85,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,269	$132,336	+0.0%
Expenses	$85,302	$106,509	-0.2%
Net Income	$49,967	$25,827	+0.9%

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

119

Independent Members

119

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

$7,169

Total Directors

$7,169

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURTIS CLARK	TREASURER	010.00	Officer Director	$2,782	$0	$2,782
TATE GABBERT	AIRPORT MANAGER	008.00	Officer Director	$2,782	$0	$2,782
RICHARD MURRAY	SECRETARY	005.00	Officer Director	$1,605	$0	$1,605
GLEN FIKE	PRESIDENT	005.00	Officer Director	$0	$0	$0
ASHLEY RINGER	VP	002.00	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	No data	No data	No data	No data
2023	$135,269	$85,302	$873,916	$49,967
2022	$132,336	$106,509	$828,292	$25,827
2021	$110,414	$97,826	$812,920	$12,588
2021	$109,621	$101,223	$803,757	$8,398
2020	$123,782	$85,347	$805,375	$38,435

FLYING ANGELS INC