CALIFORNIA FLIGHT MUSEUM

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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

1990

Legal Domicile

Phone

6194351075

Tax Period

2025-01-01 to 2025-12-31

CALIFORNIA FLIGHT MUSEUM, founded in 1990, is a small nonprofit in the Unknown sector that reported $120K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $114K, a strong 95% operating margin.

Mission

Attend & display historic aircraft at airshows, provide flights for good students & make-a-wish foundations, put on lectures and workshops.

Program Service Accomplishments

Program 1

Expenses: $6,461

Attend airshows with aircraft, lectures, rides for good students, workshops, etc.

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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 (2025)

Revenue Breakdown

Contributions & Grants $6,692

Program Service Revenue $0

Investment Income $113,504

Other Revenue $0

TOTAL REVENUE $120,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,461

Other Expenses $6,461

TOTAL EXPENSES $6,461

Year-over-Year Comparison

	2025	2024	Change
Revenue	$120,196	$107,036	+0.1%
Expenses	$6,461	$1,470	+3.4%
Net Income	$113,735	$105,566	+0.1%

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
REGINALD V FINCH	President	10.00	Director	$0	$0	$0
THERESE FINCH	Secretary	16.00	Officer Director	$0	$0	$0
REVEREND PHIL GALE	Vice President	16.00	Officer Director	$0	$0	$0
MIKE MCKENNA	BOARD MEMBER	4.00	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	$120,196	$6,461	$766,644	$113,735
2024	$107,036	$8,073	$774,454	$98,963
2023	$96,642	$8,043	$1,269,796	$88,599
2022	$66,189	$7,938	$1,120,950	$58,251
2021	$-33,458	$8,083	$1,063,002	$-41,541
2020	$-292,581	$6,603	$980,265	$-299,184
2019	$56,255	$8,882	$1,279,433	$47,373
2018	$14,500	$9,176	$1,220,897	$5,324