Navy Legacy Flight Foundation Inc C/O James Tobul (EIN 262884264) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

James Tobul

Phone

3076905544

Tax Period

2025-01-01 to 2025-12-31

Navy Legacy Flight Foundation Inc C/O James Tobul, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $245K in total revenue in fiscal year 2025. Revenue fell 71% from the prior year — a significant decline worth monitoring. Net assets of $569K represent 28 months of operating reserves.

Mission

TO SUPPORT THE UNITED STATES NAVY RECRUITING PROGRAM AND MAINTAIN AND INCREASE THE PUBLIC'S INTEREST IN THE UNITED STATES NAVY'S AVIATION PROGRAM BY PROVIDING VINTAGE MILITARY AIRCRAFT AND CIVILIAN PILOTS AT UNITED STATES NAVY LEAD AIRSHOWS THROUGHOUT THE UNITED STATES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $242,795

Program Service Revenue $0

Investment Income $2,170

Other Revenue $0

TOTAL REVENUE $244,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,635

Program Expenses $246,261

Other Expenses $267,958

TOTAL EXPENSES $267,958

Year-over-Year Comparison

	2025	2024	Change
Revenue	$244,965	$831,339	-0.7%
Expenses	$267,958	$690,899	-0.6%
Net Income	$-22,993	$140,440	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$12,865

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Hubbard	Director	1.00	Director	$0	$0	$0
Louis Horschel	Director	1.00	Director	$0	$0	$0
James Tobul	President	6.00	Officer Director	$0	$0	$0
Kurt Gries	Vice President	4.00	Officer	$12,865	$0	$12,865

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	$244,965	$267,958	$569,427	$-22,993
2024	$831,339	$690,899	$592,326	$140,440
2023	$726,294	$556,022	$451,886	$170,272
2022	$732,770	$700,377	$281,614	$32,393
2021	$443,070	$444,279	$249,221	$-1,209
2020	$418,806	$170,979	$250,430	$247,827

Navy Legacy Flight Foundation Inc C/O James Tobul