Mishawaka Pilots Club Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

Bill Langford

Phone

5745229025

Tax Period

2019-01-01 to 2019-12-31

Mishawaka Pilots Club Inc, founded in 1957, is a micro nonprofit that reported $36K in total revenue in fiscal year 2019. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 43% operating deficit.

Mission

To provide an airport for the recreation of its members

Program Service Accomplishments

Program 1

Organization maintains an open airport facility for its menbers to use during the year. In addition, they have several sponsored fund raising events, including a breakfast fly in.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $28,107

Program Service Revenue $0

Investment Income $91

Other Revenue $8,173

TOTAL REVENUE $36,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $52,158

TOTAL EXPENSES $52,158

Year-over-Year Comparison

	2019	2018	Change
Revenue	$36,371	$153,993	-0.8%
Expenses	$52,158	$32,533	+0.6%
Net Income	$-15,787	$121,460	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
Bill Langford	President	010.00	Officer	$0	$0	$0
Chris Ringos	Vice President	010.00	Officer	$0	$0	$0
Dana Hupp	Treasurer	010.00	Officer	$0	$0	$0
Dane Larsen	Secretary	010.00	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
2019	$36,371	$52,158	$283,922	$-15,787
2018	$153,993	$32,533	$299,509	$121,460