GREATER FLINT PILOTS ASSOCIATION I… - Form 990 Financial Data

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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

1975

Legal Domicile

Principal Officer

ERIC JOHNSON

Phone

8104871900

Tax Period

2024-04-01 to 2025-03-31

GREATER FLINT PILOTS ASSOCIATION INC, founded in 1975, is a small nonprofit that reported $252K in total revenue in fiscal year 2024. Expenses of $223K left a modest 12% surplus.

Mission

SOCIAL AND RECREATIONAL CLUB FOR GENERAL AVIATION PILOTS.

Program Service Accomplishments

Program 1

Expenses: $214,273

ASSOCIATION PROVIDES AVIATION TECHNICAL INFORMATION, LOW COST FACILITIES AND AIRCRAFT FOR THE MEMBERS' EDUCATION AND INSTRUCTION IN FLYING AND THE ACCUMULATION OF FLIGHT TIME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $150

Program Service Revenue $250,667

Investment Income $1,029

Other Revenue $0

TOTAL REVENUE $251,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,273

Other Expenses $222,746

TOTAL EXPENSES $222,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$251,846	$251,169	+0.0%
Expenses	$222,746	$235,352	-0.1%
Net Income	$29,100	$15,817	+0.8%

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

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
MATTHEW ASSENMACHER	OPS MANAGER	12.00	Officer	$0	$0	$0
ROBERT BENJAMIN	AT LARGE	1.00	Officer	$0	$0	$0
TIMOTHY CONKLIN	SAFETY DIREC	2.00	Officer	$0	$0	$0
THOMAS DENTON	AT LARGE	1.00	Officer	$0	$0	$0
HARRY HAMMOND	MEMBERSHIP D	3.00	Officer	$0	$0	$0
THOMAS HAMMOND	AT LARGE	1.00	Officer	$0	$0	$0
RICHARD HAVOURD III	SECRETARY	3.00	Officer	$0	$0	$0
ERIC JOHNSON	PRESIDENT	2.00	Officer	$0	$0	$0
JOSEPH TAYLOR	TREASURER	3.00	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
2026	No data	No data	No data	No data
2025	$251,846	$222,746	$720,416	$29,100
2024	$251,169	$235,352	$687,494	$15,817
2023	$239,108	$254,641	$684,895	$-15,533
2022	$228,662	$174,577	$705,466	$54,085
2021	$199,544	$172,420	$677,732	$27,124
2020	$187,080	$142,613	$664,294	$44,467
2019	$177,233	$147,400	$654,512	$29,833

GREATER FLINT PILOTS ASSOCIATION INC