ANN ARBOR FLYERS INC

🔒

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

1940

Legal Domicile

Principal Officer

JOE LOUNDSBURY

Phone

7349444676

Tax Period

2024-01-01 to 2024-12-31

ANN ARBOR FLYERS INC, founded in 1940, is a small nonprofit that reported $299K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $387K exceeded revenue, resulting in a 30% operating deficit.

Mission

SOCIAL FLYING CLUB PROMOTING SAFETY AND GOOD PILOTING METHODS.

Program Service Accomplishments

Program 1

AIRCRAFT PROVIDED TO MEMBERS FOR EDUCATION (PILOT FLIGHT TRAINING) AND RECREATION. MEMBERSHIP AND SOCIAL MEETINGS RELATED TO AVIATION TRAINING AND SAFETY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $294,046

Investment Income $0

Other Revenue $4,566

TOTAL REVENUE $298,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $387,133

TOTAL EXPENSES $387,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,612	$333,731	-0.1%
Expenses	$387,133	$251,554	+0.5%
Net Income	$-88,521	$82,177	-2.1%

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

Employees

N/A

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
JOE LOUNDSBURY	PRESIDENT	N/A	Officer	$0	$0	$0
CHRIS MCCALL	VICE PRESIDE	N/A	Officer	$0	$0	$0
DON EMERSON	SECRETARY	N/A	Officer	$0	$0	$0
MATT UNSWORTH	TREASURER	N/A	Officer	$0	$0	$0
RYAN BEATTY	FLIGHT SUPER	N/A	Director	$0	$0	$0
BRIAN STUART	MAINT SUPERV	N/A	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	$298,612	$387,133	$923,328	$-88,521
2023	$333,731	$251,554	$957,219	$82,177
2022	$252,064	$256,211	$922,084	$-4,147
2021	$236,148	$245,875	$860,252	$-9,727
2020	$195,487	$182,715	$823,665	$12,772
2019	$163,602	$210,199	$811,452	$-46,597
2018	$220,324	$121,354	$852,804	$98,970