INTERNATIONAL RADIO CONTROL HELICOPTER ASSOCIATION

EIN: 311636639 Recreation & Sports

MUNCIE, IN

Total Revenue
$64,769
Total Expenses
$68,477
Total Assets
$17,618
Net Assets
$17,618
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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
1989
Legal Domicile
IN
Principal Officer
DAN LUCENTE
Phone
6165400807
Tax Period
2022-01-01 to 2022-12-31

INTERNATIONAL RADIO CONTROL HELICOPTER ASSOCIATION, founded in 1989, is a micro nonprofit in the Recreation & Sports sector that reported $65K in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

REPRESENT THE SEGMENT FOR HELICOPTERS FOR THE ACADEMY OF MODEL AERONAUTICS. ENSURES EACH OF THESE HELICOPTER PILOTS WAS REPRESENTED TO THE AMA. SUPPORTS COMPETITION PILOTS DURING THE US NATIONALS AND REGULARLY TAKES PART IN AMA COMMITTEES AND MEETINGS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $64,769
Investment Income $0
Other Revenue $0
TOTAL REVENUE $64,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $68,477
Other Expenses $68,477
TOTAL EXPENSES $68,477

Year-over-Year Comparison

2022 2021 Change
Revenue $64,769 $55,829 +0.2%
Expenses $68,477 $42,971 +0.6%
Net Income $-3,708 $12,858 -1.3%
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

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Governance

Voting Members
500
Independent Members
500
Employees
N/A
Volunteers
65

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG BRADLEY TREASURER 4.00
Officer
$0 $0 $0
TIM DIPERI VICE-PRESIDE 7.00
Officer
$0 $0 $0
DAN LUCENTE PRESIDENT 7.00
Officer
$0 $0 $0
WES MENEAR SECRETARY 5.00
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
2022 $64,769 $68,477 $17,618 $-3,708
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