MODIFICATION AND REPLACEMENT PARTS ASSOCIATION INC

EIN: 260499742 Community Improvement

WASHINGTON, DC

Total Revenue
$520,008
Total Expenses
$499,489
Total Assets
$32,179
Net Assets
$32,179
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
DC
Phone
2026286777
Tax Period
2023-01-01 to 2023-12-31

MODIFICATION AND REPLACEMENT PARTS ASSOCIATION INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $520K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $499K left a modest 4% surplus.

Mission

MARPA is an association of aviation industry replacement and alteration part manufacturers who obtain appropriate civil aviation design and production approvals for their parts. MARPA's number one priority is aviation safety. MARPA promotes the free enterprise competitive nature of producing and selling high-quality and safe parts through uniform standards; represents the membership on regulatory issues; and enhances members reputations by communicating the value of their parts.

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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 $154,788
Program Service Revenue $365,220
Investment Income $0
Other Revenue $0
TOTAL REVENUE $520,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $452,035
Other Expenses $499,489
TOTAL EXPENSES $499,489

Year-over-Year Comparison

2023 2022 Change
Revenue $520,008 $354,688 +0.5%
Expenses $499,489 $364,574 +0.4%
Net Income $20,519 $-9,886 -3.1%
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
8
Independent Members
7
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
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Dickstein President and Director 12.00
Officer Director
$0 $0 $0
Steve Szpunar Director 1.00
Director
$0 $0 $0
Joshua Krotec Director 1.00
Director
$0 $0 $0
Jeremy Hahn Director 1.00
Director
$0 $0 $0
Andy Shields Director 1.00
Director
$0 $0 $0
Joanne Vogt Director 1.00
Director
$0 $0 $0
Greg Kucera Director 1.00
Director
$0 $0 $0
Raffaele Virgili Director 1.00
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
2024 No data No data No data No data
2023 $520,008 $499,489 $32,179 $20,519
2022 $354,688 $364,574 $4,745 $-9,886
2021 $272,105 $337,147 $14,477 $-65,042
2020 $75,661 $83,398 $79,519 $-7,737
2019 $441,411 $375,993 $87,256 $65,418
2018 $372,085 $351,096 $24,678 $20,989
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