NEW VISION AVIATION (EIN 364893866) - Form 990 Financial Analysis & Trantor Score

🔒

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

2018

Legal Domicile

Principal Officer

JOSEPH OLDHAM

Phone

5597976304

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

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?.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $120,133

Program Service Revenue $241,848

Investment Income $0

Other Revenue $0

TOTAL REVENUE $361,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,878

Fundraising Expenses $0

Program Expenses $315,467

Other Expenses $214,324

TOTAL EXPENSES $365,202

Year-over-Year Comparison

	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%

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

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

$34,540

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

NEW VISION AVIATION