EAA VINTAGE AIRCRAFT ASSOCIATION INC (EIN 237240830) - 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

1972

Legal Domicile

Principal Officer

JOHN HOFMANN

Phone

9204264800

Tax Period

2024-03-01 to 2025-02-28

EAA VINTAGE AIRCRAFT ASSOCIATION INC, founded in 1972, is a small nonprofit in the Education sector that reported $719K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $203K, a strong 28% operating margin.

Mission

TO ENCOURAGE AND AID THE RETENTION AND RESTORATION OF ANTIQUE, (CONTINUED ON SCHEDULE O) HISTORICAL AND CLASSICAL AIRCRAFT AND TO IMPROVE AVIATION SAFETY AND EDUCATION.

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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 $247,875

Program Service Revenue $264,935

Investment Income $25,901

Other Revenue $179,862

TOTAL REVENUE $718,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,093

Fundraising Expenses $12,973

Program Expenses $373,710

Other Expenses $451,742

TOTAL EXPENSES $515,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$718,573	$790,932	-0.1%
Expenses	$515,835	$457,620	+0.1%
Net Income	$202,738	$333,312	-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

564

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
SUSAN DUSENBURY	PRESIDENT - THRU 12/24	10.00	Officer Director	$0	$0	$0
JOHN HOFMANN	DIR - THRU 12/24; PRES - AS OF 1/25	10.00	Officer Director	$0	$0	$0
DAN KNUTSON	VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
DAN WOOD	SECRETARY - THRU 07/24	10.00	Officer Director	$0	$0	$0
KATHY MCGURRAN	SECRETARY - AS OF 07/24	10.00	Officer Director	$0	$0	$0
PAUL KYLE	TREASURER	10.00	Officer Director	$0	$0	$0
GEORGE DAUBNER	DIRECTOR - THRU 07/24	10.00	Director	$0	$0	$0
AC HUTSON	DIRECTOR - AS OF 07/24	10.00	Director	$0	$0	$0
RAY JOHNSON	DIRECTOR	10.00	Director	$0	$0	$0
VAUGHN LOVLEY	DIRECTOR - AS OF 07/24	10.00	Director	$0	$0	$0
STEVE NESSE	DIRECTOR	10.00	Director	$0	$0	$0
EARL NICHOLAS	DIRECTOR	10.00	Director	$0	$0	$0
JOE NORRIS	DIRECTOR	10.00	Director	$0	$0	$0
CHARLIE WATERHOUSE	DIRECTOR	10.00	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	$718,573	$515,835	$2,491,920	$202,738
2024	$790,932	$457,620	$2,354,661	$333,312
2023	$568,921	$436,831	$1,964,280	$132,090
2022	$495,727	$421,349	$1,814,260	$74,378
2021	$333,288	$312,072	$1,691,572	$21,216
2020	$577,667	$400,390	$1,671,972	$177,277
2019	$558,790	$394,705	$1,483,239	$164,085
2018	$564,621	$344,937	$1,304,643	$219,684

EAA VINTAGE AIRCRAFT ASSOCIATION INC