CONNELLSVILLE FLYING CLUB LTD

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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

2010

Legal Domicile

Principal Officer

MARK SKORIC

Phone

7245576217

Tax Period

2023-01-01 to 2023-12-31

CONNELLSVILLE FLYING CLUB LTD, founded in 2010, is a small nonprofit that reported $100K in total revenue in fiscal year 2023. Revenue surged 1946% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 99% operating margin.

Mission

THE CONNELLSVILLE FLYING CLUB IS A MEMBERSHIP ORGANIZATION WHICH SEEKS TO GIVE MEMBERS OF THE COMMUNITY THE OPPORTUNITY TO USE THE CLUB AIRCRAFT.

Program Service Accomplishments

Program 1

TO GIVE MEMBERS OF THE COMMUNITY THE OPPORTUNITY TO USE THE CLUB AIRCRAFT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $100,274

Other Revenue $-104

TOTAL REVENUE $100,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $959

TOTAL EXPENSES $959

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,170	$4,897	+19.5%
Expenses	$959	$5,773	-0.8%
Net Income	$99,211	$-876	-114.3%

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
MARK SKORIC	PRESIDENT	10.00	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
2024	No data	No data	No data	No data
2023	$100,170	$959	$110,292	$99,211
2022	$4,897	$5,773	$19,831	$-876
2021	$9,636	$6,082	$23,707	$3,554
2020	$8,826	$6,339	$22,880	$2,487
2019	$4,113	$9,790	$19,916	$-5,677
2018	$13,321	$5,109	$26,793	$8,212