MARION AERO CLUB INC (EIN 350489677) - 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

1927

Legal Domicile

Principal Officer

EVAN HAMMOND

Phone

7656777072

Tax Period

2023-01-01 to 2023-12-31

MARION AERO CLUB INC, founded in 1927, is a small nonprofit that reported $179K in total revenue in fiscal year 2023.

Mission

TO PROVIDE A SOCIAL CLUB FOR MEMBER USAGE AND BENEFIT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $171,219

Investment Income $188

Other Revenue $7,416

TOTAL REVENUE $178,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,888

Fundraising Expenses $0

Other Expenses $119,411

TOTAL EXPENSES $194,299

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,823	$178,417	+0.0%
Expenses	$194,299	$211,092	-0.1%
Net Income	$-15,476	$-32,675	-0.5%

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

N/A

Employees

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
EVAN HAMMOND	PRESIDENT	N/A	Officer	$0	$0	$0
DENNIS JACKSON	VICE PRESIDE	N/A	Officer	$0	$0	$0
ED BREEN	SECRETARY	N/A	Officer	$0	$0	$0
WILLIAM GARTLAND	TREASURER	N/A	Officer	$0	$0	$0
BILL LESTER	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVE RAABE	BOARD MEMBER	N/A	Director	$0	$0	$0
RANDY MILLER	BOARD MEMBER	N/A	Director	$0	$0	$0
TADE POWELL	BOARD MEMBER	N/A	Director	$0	$0	$0
THOMAS HUNT	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIAM T MYERS	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$178,823	$194,299	$220,656	$-15,476
2022	$178,417	$211,092	$233,346	$-32,675
2021	$185,736	$209,216	$288,979	$-23,480
2020	$79,836	$93,271	$317,955	$-13,435
2019	$98,368	$118,246	$322,212	$-19,878

MARION AERO CLUB INC