FRESNO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW VISION AVIATION, founded in 2018, is a small nonprofit in the Education sector that reported $362K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum.
New Vision Aviation, Inc. NVA is a 501c3 non-profit charitable organization dedicated to providing residents and youth from disadvantaged communities in the San Joaquin Valley with the opportunity to experience flight and begin training for careers in aviation. Founded in March 2018, New Vision Aviation?s tag line is ?Elevating People Through Aviation?.
NVA's aviation education programs served 97 youth and young adults from our disadvantaged communities of color in 2023. ?NVA contracted with Fresno Unified School District to provide three (3)...
NVA's aviation education programs served 97 youth and young adults from our disadvantaged communities of color in 2023. ?NVA contracted with Fresno Unified School District to provide three (3) one-week summer camps in July and after school aviation education programs at three high schools from January 2023 through May 2023. ?NVA had twelve (12) students in active flight training during 2023. ?NVA continued to manage four 4 advanced electric aircraft during the year. ?NVA purchased a 1941 Interstate Cadet, 1969 Cessna 150, and 1960 Cessna 172 to provide private pilot and tailwheel training for students using funding from a generous grant from the Wood Next Foundation and contract funding from Fresno Unified School District in 2023. ?NVA continued to work with the Central Valley Community Foundation, Fresno Unified School District, and local governments to break barriers for youth from our communities of color to help them enter the aviation industry as part of the Next Gen Aviation initiative led by the Central Valley Community Foundation.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $361,981 | $202,807 | +0.8% |
| Expenses | $365,202 | $120,332 | +2.0% |
| Net Income | $-3,221 | $82,475 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH OLDHAM | President | 20.00 |
Officer
|
$33,040 | $0 | $33,040 |
| Dionnetrae Smith | CFO | 0.00 |
Officer
|
$0 | $1,500 | $1,500 |
| Pete Moe | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Carl Christenson | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Jim Shamp | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Bill Campbell | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Charles Johnson | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Nick Briscoe | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $361,981 | $365,202 | $289,291 | $-3,221 |
| 2022 | $202,807 | $120,332 | $292,512 | $82,475 |
| 2021 | $230,434 | $39,078 | $210,037 | $191,356 |
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