PACKARD AUTOMOBILE CLASSICS INC (EIN 311362569) - 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

1953

Legal Domicile

Principal Officer

HANDLEY CRAIG

Phone

8168427878

Tax Period

2024-12-01 to 2025-11-30

PACKARD AUTOMOBILE CLASSICS INC, founded in 1953, is a small nonprofit that reported $243K in total revenue in fiscal year 2024. Expenses of $299K exceeded revenue, resulting in a 23% operating deficit.

Mission

ADVANCEMENT OF THE MAINTENANCE, PRESERVATION, AUTHENTIC RESTORATION AND USE OF PACKARD MOTOR VEHICLES

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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 $150,315

Program Service Revenue $90,115

Investment Income $2,854

Other Revenue $0

TOTAL REVENUE $243,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $298,687

TOTAL EXPENSES $298,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,284	$232,134	+0.0%
Expenses	$298,687	$196,984	+0.5%
Net Income	$-55,403	$35,150	-2.6%

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

$15,600

Total Directors

$29,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANDLEY CRAIG	PRESIDENT	5.00	Officer Director	$14,400	$0	$14,400
BLOND STUART	TRUSTEE	1.00	Director	$14,300	$0	$14,300
PYRTEK-BLOND STELLA	SECRETARY	5.00	Officer Director	$1,200	$0	$1,200
CRAMER AMANDA	TRUSTEE	1.00	Director	$0	$0	$0
SANDOVAL AYDEN	TRUSTEE	1.00	Director	$0	$0	$0
JOHNSON BILL	TRUSTEE	1.00	Director	$0	$0	$0
MITCHELL BILL	TRUSTEE	1.00	Director	$0	$0	$0
TELLER BOB	TRUSTEE	1.00	Director	$0	$0	$0
BLEVINS BRUCE	TRUSTEE	1.00	Director	$0	$0	$0
MOORE CLINT	VP PAC	1.00	Officer Director	$0	$0	$0
MEESE DALE	TRUSTEE	1.00	Director	$0	$0	$0
TACCONE DONALD	TRUSTEE	1.00	Director	$0	$0	$0
MOORE DOUG	TRUSTEE	1.00	Director	$0	$0	$0
MORRISON DUDLEY	TRUSTEE	1.00	Director	$0	$0	$0
RUBENSTEIN EARL	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS GARY	TRUSTEE	1.00	Director	$0	$0	$0
HAMLIN GEORGE	TRUSTEE	1.00	Director	$0	$0	$0
HOLINGA GEORGE	TRUSTEE	1.00	Director	$0	$0	$0
TITUS GREG	TREASURER	5.00	Officer Director	$0	$0	$0
HERMANN HAL	TRUSTEE	1.00	Director	$0	$0	$0
GRANT JAN	TRUSTEE	1.00	Director	$0	$0	$0
HUBBARD JAY	TRUSTEE	1.00	Director	$0	$0	$0
FRIEDRICH JIM	TRUSTEE	1.00	Director	$0	$0	$0
HOPKINS JOE	TRUSTEE	1.00	Director	$0	$0	$0
MACARTHUR JOHN	GENERAL COUN	1.00	Officer Director	$0	$0	$0
DIXON LEON	TRUSTEE	1.00	Director	$0	$0	$0
KING MARVIN	TRUSTEE	1.00	Director	$0	$0	$0
FRANKO MIKE	TRUSTEE	1.00	Director	$0	$0	$0
DELANEY PAUL	COMM VP	1.00	Officer Director	$0	$0	$0
GRANT PAUL	TRUSTEE	1.00	Director	$0	$0	$0
TACY PAUL	TRUSTEE	1.00	Director	$0	$0	$0
CRAMER PHILIP	TRUSTEE	1.00	Director	$0	$0	$0
MILLER ROSS	TRUSTEE	1.00	Director	$0	$0	$0
BAIER ROYCE	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTY STEVE	TRUSTEE	1.00	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
2025	$243,284	$298,687	$175,836	$-55,403
2024	$233,197	$203,878	$229,425	$29,319
2023	$178,599	$204,139	$195,649	$-25,540
2022	$220,450	$225,948	$221,863	$-5,498
2021	$169,618	$180,196	$226,250	$-10,578
2020	$181,964	$174,772	$237,641	$7,192
2019	$179,667	$178,524	$230,165	$1,143
2018	$174,077	$175,281	$229,175	$-1,204

PACKARD AUTOMOBILE CLASSICS INC