BRADLEY FLYING ASSOCIATION

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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

1963

Legal Domicile

Phone

3096970311

Tax Period

2025-01-01 to 2025-12-31

BRADLEY FLYING ASSOCIATION, founded in 1963, is a small nonprofit that reported $635K in total revenue in fiscal year 2025. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 18% operating margin.

Mission

MEMBERS ACCESS TO ORGANIZATIONS PLANES

Program Service Accomplishments

Program 1

THE ORGANIZATION OWNS THREE AND LEASES TWO AIRPLANES FOR MEMBER USE. ACTIVE MEMBERS AT THE END OF THE YEAR WAS 143. THE ORGANIZATION CHARGES A "PER HOUR" FEE FOR FLIGHT TIME AT RATES SUFFICIENT TO...

THE ORGANIZATION OWNS THREE AND LEASES TWO AIRPLANES FOR MEMBER USE. ACTIVE MEMBERS AT THE END OF THE YEAR WAS 143. THE ORGANIZATION CHARGES A "PER HOUR" FEE FOR FLIGHT TIME AT RATES SUFFICIENT TO COVER COSTS OF FUEL, INSURANCE, MAINTENANCE, DEPRECIATION, ETC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $623,121

Investment Income $2,783

Other Revenue $9,334

TOTAL REVENUE $635,238

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,498

Fundraising Expenses $0

Other Expenses $512,442

TOTAL EXPENSES $520,940

Year-over-Year Comparison

	2025	2024	Change
Revenue	$635,238	$489,921	+0.3%
Expenses	$520,940	$386,167	+0.3%
Net Income	$114,298	$103,754	+0.1%

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

Volunteers

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
CAMERON GLEICHMAN	President	2.00	Officer Director	$0	$0	$0
NICHOLAS REINHART	Vice President	2.00	Officer Director	$0	$0	$0
PATRICIA KLISE	Secretary	2.00	Officer Director	$0	$0	$0
DEAN LAKE	Treasurer	2.00	Officer Director	$0	$0	$0
TAYLOR HARTSEIL	Director	2.00	Director	$0	$0	$0
SAMUEL NEFF	Director	2.00	Director	$0	$0	$0
JOE REX	Director	2.00	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
2025	$635,238	$520,940	$608,715	$114,298
2024	No data	No data	No data	No data
2023	$392,693	$287,214	$386,767	$105,479
2022	$272,911	$213,577	$281,288	$59,334
2021	$235,318	$192,603	$225,967	$42,715