NATIONAL AEROSPACE RESEARCH AND TECHNOLOGY PARK INC (EIN 263166908) - 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

2006

Legal Domicile

Phone

6093652183

Tax Period

2024-07-01 to 2025-06-30

NATIONAL AEROSPACE RESEARCH AND TECHNOLOGY PARK INC, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE LEADERSHIP IN THE ADVACEMENT OF AEROSPACE SCIENCES BY CREATING AN ECOSYSTEM OF INDUSTRY, ACADEMIC, AND GOVERNMENTAL PARTNERSHIPS TO FOSTER INNOVATION, COLLABORATION AND SUSTAINABLE ECONOMIC GROWTH.

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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 $1,187,683

Program Service Revenue $0

Investment Income $6,444

Other Revenue $10,816

TOTAL REVENUE $1,204,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,249,525

Other Expenses $1,249,525

TOTAL EXPENSES $1,249,525

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,204,943	$2,315,016	-0.5%
Expenses	$1,249,525	$528,217	+1.4%
Net Income	$-44,582	$1,786,799	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ANTHONY LOWMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN DANIELS	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC NEIDERMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM EDMUNDS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINA FUENTES	REPRESENTATIVE	2.00	Director	$0	$0	$0
IAN LEVITT	BOARD MEMBER	2.00	Director	$0	$0	$0
STEPHEN MAZUR	REPRESENTATIVE	2.00	Director	$0	$0	$0
JOHN RISLEY	REPRESENTATIVE	2.00	Director	$0	$0	$0
DR ANNE HARLAN	BOARD EMERITUS	2.00	Director	$0	$0	$0
DR EDWARD H SALMON	BOARD EMERITUS	2.00	Director	$0	$0	$0
DR MICHAEL PALLADINO	BOARD MEMBER	2.00	Director	$0	$0	$0
DR ALBERTO CUITINO	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM SCHALEK DOWNES	REPRESENTATIVE	2.00	Director	$0	$0	$0
DR BARBARA GABA	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANK LOBIONDO	BOARD MEMBER	2.00	Director	$0	$0	$0
DR JOSEPH BERTOLINO	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID SWEET	BOARD MEMBER	2.00	Director	$0	$0	$0
SHEILA SMALLWOOD	Treasurer	2.00	Officer Director	$0	$0	$0
ERIC SCHEFFLER	BOARD MEMBER	2.00	Director	$0	$0	$0
DR DOUGLAS STANLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
SAMUEL YOUNG	VICE CHAIR	2.00	Officer	$0	$0	$0
MARK LOEBEN	Chairman	2.00	Officer	$0	$0	$0
LAUREN MOORE	BOARD SECRETARY	2.00	Officer	$0	$0	$0
HOWARD KYLE	President	2.00	Officer	$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	$1,204,943	$1,249,525	$999,133	$-44,582
2024	No data	No data	No data	No data
2023	$694,464	$770,164	$825,422	$-75,700
2022	$686,696	$683,812	$816,931	$2,884
2021	$302,472	$458,850	$308,299	$-156,378
2020	$824,599	$2,614,497	$313,136	$-1,789,898

NATIONAL AEROSPACE RESEARCH AND TECHNOLOGY PARK INC