TRIPLE TREE AERODROME INC

EIN: 275385464 501(c)(3) Public Safety

WOODRUFF, SC

Total Revenue
$1,439,700
Total Expenses
$1,403,726
Total Assets
$8,432,422
Net Assets
$8,235,016
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
SC
Principal Officer
ROBERT WILLIAMS
Phone
8635106460
Tax Period
2023-01-01 to 2023-12-31

TRIPLE TREE AERODROME INC, founded in 2010, is a community nonprofit in the Public Safety sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Net assets of $8.2M represent 69 months of operating reserves.

Mission

AERODROME, INC. IS TO PROVIDE EDUCATION, INFORMATION AND HISTORY ABOUT ALL TYPES OF AVIATION, RANGING FROM MODEL AIRPLANES TO FULL-SIZE AIRCRAFT; TO PROMOTE AVIATION SAFETY; TO PROMOTE THE SCIENCE OF AVIATION AND AERODYNAMICS; TO PROVIDE A UNIQUE, USER-CENTRIC, HANDS-ON EDUCATION EXPERIENCE WITH ALL FORMS AND TYPES OF AVIATION, RANGING FROM MODEL AND REMOTELY CONTROLLED AIRPLANES TO FULL-SIZE AIRCRAFT, INCLUDING SAILPLANES AND GLIDERS AS WELL AS POWERED AIRCRAFT; AND TO DO ALL THINGS NECESSARY OR CONVENIENT, AND NOT INCONSISTENT WITH THE LAW, TO FURTHER THESE GOALS, WHICH ARE TO BE EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 $386,669
Program Service Revenue $890,744
Investment Income $162,287
Other Revenue $0
TOTAL REVENUE $1,439,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $324,210
Fundraising Expenses $9,098
Program Expenses $1,332,996
Other Expenses $1,079,516
TOTAL EXPENSES $1,403,726

Year-over-Year Comparison

2023 2022 Change
Revenue $1,439,700 $4,629,859 -0.7%
Expenses $1,403,726 $1,503,299 -0.1%
Net Income $35,974 $3,126,560 -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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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
360

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
$141,589
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN P HARTNESS BOARD CHAIR 5.00
Director
$0 $0 $0
HENRY P DERRICK SECRETARY 30.00
Director
$0 $0 $0
EUGENE F STROZIER TREASURER 10.00
Director
$0 $0 $0
THOMAS P HARTNESS BOARD MEMBER 40.00
Director
$0 $0 $0
ROBERT TRAYNHAM BOARD MEMBER 10.00
Director
$0 $0 $0
TIMOTHY E BROWN BOARD MEMBER 5.00
Director
$0 $0 $0
JOEL MICHAEL GREGORY BOARD MEMBER 30.00
Director
$0 $0 $0
HAROLD BITTNER BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN HARTNESS BOARD MEMBER 10.00
Director
$0 $0 $0
MARK DAVIDSON BOARD MEMBER 20.00
Director
$0 $0 $0
ROBERT WILLIAMS EXECUTIVE DIRECTOR 40.00
Officer
$141,589 $0 $141,589
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 $1,439,700 $1,403,726 $8,432,422 $35,974
2022 $4,629,859 $1,503,299 $7,627,746 $3,126,560
2021 $792,121 $1,061,527 $4,627,218 $-269,406
2020 $405,513 $987,239 $4,779,199 $-581,726
2019 $1,038,675 $1,195,720 $5,261,955 $-157,045
2018 $967,732 $1,251,152 $5,379,856 $-283,420
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