USMC Combat Helicopter Association (EIN 330660950) - 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

1988

Legal Domicile

Principal Officer

Elliot S Katz

Phone

7034636192

Tax Period

2020-01-01 to 2020-12-31

USMC Combat Helicopter Association, founded in 1988, is a micro nonprofit that reported $28K in total revenue in fiscal year 2020. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 104% operating deficit.

Mission

USMC/Vietnam Helicopter Association is devoted to promoting and preserving the camaraderie of the U.S. Marine Corps helicopter pilots, aircrewman and other support personnel who served together during the Vietnam War. The organizations also makes charitable donations to various organizations.

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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 (2020)

Revenue Breakdown

Contributions & Grants $28,046

Program Service Revenue $0

Investment Income $53

Other Revenue $0

TOTAL REVENUE $28,099

Expense Breakdown

Grants Paid $20,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $36,920

TOTAL EXPENSES $57,420

Year-over-Year Comparison

	2020	2019	Change
Revenue	$28,099	$54,454	-0.5%
Expenses	$57,420	$52,955	+0.1%
Net Income	$-29,321	$1,499	-20.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elliot S Katz	Pres/CFO	010.00	Director	$0	$0	$0
Larry Zok	Vice President	020.00	Director	$0	$0	$0
John D Barber	Bd Member	N/A	Director	$0	$0	$0
Vernadel Green	Bd Member	N/A	Director	$0	$0	$0
Joe D'Arcangelo	Bd Member	N/A	Director	$0	$0	$0
John Ruffini	Bd Member	N/A	Director	$0	$0	$0
W W Houston	Bd Member	N/A	Director	$0	$0	$0
Gary Alls	Bd member	N/A	Director	$0	$0	$0
Lee York	Bd Members	N/A	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
2020	$28,099	$57,420	$175,551	$-29,321
2019	$54,454	$52,955	$204,872	$1,499
2018	$80,176	$79,142	$203,373	$1,034

USMC Combat Helicopter Association