Blue Pilot Fund Inc (EIN 271164160) - 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

2009

Legal Domicile

Principal Officer

Nick Hoffman

Phone

4045144893

Tax Period

2024-01-01 to 2024-12-31

Blue Pilot Fund Inc, founded in 2009, is a small nonprofit that reported $840K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $233K, a strong 28% operating margin.

Mission

Through support and solidarity, the Blue Pilot Fund stands strong beside JetBlue pilots in times of need. Fueling hope and navigating challenges.

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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 $576,906

Program Service Revenue $0

Investment Income $263,468

Other Revenue $0

TOTAL REVENUE $840,374

Expense Breakdown

Grants Paid $577,410

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $577,410

Other Expenses $29,888

TOTAL EXPENSES $607,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$840,374	$678,409	+0.2%
Expenses	$607,298	$403,500	+0.5%
Net Income	$233,076	$274,909	-0.2%

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

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
Nicholas Hoffman	Chairman	1.0	Officer Director	$0	$0	$0
Michael Kelsey	Vice Chairman	1.0	Officer Director	$0	$0	$0
Brad Shearin	Treasurer	1.0	Officer Director	$0	$0	$0
Kendall King	Secretary	1.0	Officer Director	$0	$0	$0
April Allen	Director of Communications	1.0	Director	$0	$0	$0
Carrie Braun	Evaluator	1.0	Director	$0	$0	$0
Andrew Taggart	Evaluator	1.0	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	$840,374	$607,298	$3,493,327	$233,076
2023	$678,409	$403,500	$3,251,974	$274,909
2022	$559,595	$431,383	$2,925,993	$128,212
2021	$629,373	$294,110	$2,889,613	$335,263
2020	$454,109	$165,493	$2,437,829	$288,616
2019	$556,431	$294,494	$2,072,623	$261,937
2018	$496,479	$469,386	$1,728,740	$27,093

Blue Pilot Fund Inc