PORTAGE, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE KALAMAZOO AVIATION HISTORY MUSEUM, founded in 1977, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $16.9M represent 29 months of operating reserves.
IGNITE CURIOSITY, CELEBRATE INNOVATION, AND CONNECT HISOTRY AND SCIENCE THROUGH PAST, PRESENT, AND FUTURE DREAMS OF FLIGHT.
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 | $6,902,761 | $5,668,255 | +0.2% |
| Expenses | $6,739,921 | $5,897,592 | +0.1% |
| Net Income | $162,840 | $-229,337 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| JERRY CULP | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD R PARFET | VICE-CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANICE M BROWN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLIFF MULDER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID J CAMPBELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDALL W EBERTS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDY K JOLLIFFE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER OESTRIKE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PRESTON PARISH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY PARRISH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMIE PLEUNE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARC A SCHUPAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARENCE LLOYD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RITA RAICHOUDHURI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TROY A THRASH | PRESIDENT/CEO | 40.00 |
Officer
|
$230,944 | $18,629 | $249,573 |
| DAVID ULLREY | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$80,726 | $0 | $80,726 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,902,761 | $6,739,921 | $18,270,580 | $162,840 |
| 2022 | $5,668,255 | $5,897,592 | $18,548,506 | $-229,337 |
| 2021 | $5,451,685 | $5,079,864 | $17,581,493 | $371,821 |
| 2020 | $4,379,956 | $4,669,179 | $17,058,166 | $-289,223 |
| 2019 | $5,000,936 | $5,136,130 | $17,409,478 | $-135,194 |
| 2018 | $4,183,564 | $5,107,430 | $17,503,285 | $-923,866 |
Compare THE KALAMAZOO AVIATION HISTORY MUSEUM with other nonprofits in Michigan and across the country.