INTERNATIONAL AEROBATIC CLUB INC (EIN 237067946) - 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

1970

Legal Domicile

Principal Officer

JAMES BOURKE

Phone

9204264800

Tax Period

2024-03-01 to 2025-02-28

INTERNATIONAL AEROBATIC CLUB INC, founded in 1970, is a small nonprofit that reported $402K in total revenue in fiscal year 2024.

Mission

THE CORE PURPOSE OF THE IAC IS TO PROMOTE AND ENHANCE THE SAFETY AND ENJOYMENT OF SPORT AEROBATICS.

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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 $79,350

Program Service Revenue $283,453

Investment Income $19,090

Other Revenue $20,173

TOTAL REVENUE $402,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,326

Fundraising Expenses $0

Program Expenses $328,945

Other Expenses $296,370

TOTAL EXPENSES $435,696

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,066	$373,452	+0.1%
Expenses	$435,696	$433,122	+0.0%
Net Income	$-33,630	$-59,670	-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

Volunteers

112

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

$59,119

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BOURKE	PRESIDENT	10.00	Officer Director	$0	$0	$0
ROB HOLLAND	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JORDAN ASHLEY	TREASURER	10.00	Officer Director	$0	$0	$0
SARA ARNOLD	SECRETARY	10.00	Officer Director	$0	$0	$0
ROBERT ARMSTRONG	DIRECTOR	10.00	Director	$0	$0	$0
DOUG BARTLETT	DIRECTOR - THRU 01/25	10.00	Director	$0	$0	$0
MARTY FLOURNOY	DIRECTOR	10.00	Director	$0	$0	$0
MIKE GALLAWAY	DIRECTOR	10.00	Director	$0	$0	$0
MICHAEL GOULIAN	DIRECTOR	10.00	Director	$0	$0	$0
PHILLIP GRAGG	DIRECTOR	10.00	Director	$0	$0	$0
BOB HART	DIRECTOR	10.00	Director	$0	$0	$0
DOUG JENKINS	DIRECTOR - THRU 07/24	10.00	Director	$0	$0	$0
JOHN OSTMEYER	DIRECTOR	10.00	Director	$0	$0	$0
NATHAN RUEDY	DIRECTOR	10.00	Director	$0	$0	$0
AMY SPOWART	DIRECTOR	10.00	Director	$0	$0	$0
SHAD COULSON	DIRECTOR - AS OF 07/24	10.00	Director	$0	$0	$0
TIM DAHNKE	EXECUTIVE DIRECTOR - AS OF 03/24	40.00	Officer	$55,388	$3,731	$59,119

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	$402,066	$435,696	$516,925	$-33,630
2024	$373,452	$433,122	$542,783	$-59,670
2023	$353,702	$443,273	$588,703	$-89,571
2022	$367,264	$389,195	$652,340	$-21,931
2021	$280,339	$314,170	$640,643	$-33,831
2020	$436,051	$411,752	$685,690	$24,299
2019	$393,688	$399,109	$654,541	$-5,421
2018	$406,244	$370,225	$644,406	$36,019

INTERNATIONAL AEROBATIC CLUB INC