EAA CHAPTER 838 OF RACINE WI INC (EIN 391605927) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Principal Officer

LEE WISHAU

Phone

2624883807

Tax Period

2024-01-01 to 2024-12-31

EAA CHAPTER 838 OF RACINE WI INC, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $181K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $715K represent 47 months of operating reserves.

Mission

TO PROMOTE AVIATION EDUCATION

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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 $59,902

Program Service Revenue $0

Investment Income $33,292

Other Revenue $88,190

TOTAL REVENUE $181,384

Expense Breakdown

Grants Paid $33,490

Salaries & Benefits $0

Fundraising Expenses $4,534

Program Expenses $74,316

Other Expenses $146,943

TOTAL EXPENSES $180,433

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,384	$217,460	-0.2%
Expenses	$180,433	$159,479	+0.1%
Net Income	$951	$57,981	-1.0%

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
PETER BIANCO	DIRECTOR	N/A	Director	$0	$0	$0
TOM COX	DIRECTOR	N/A	Director	$0	$0	$0
TRACY MILLER	SECRETARY	N/A	Officer Director	$0	$0	$0
LEE WISHAU	TREASURER	N/A	Officer Director	$0	$0	$0
ROGER CALLEWAERT	PRESIDENT	N/A	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
2024	$181,384	$180,433	$714,880	$951
2023	$217,460	$159,479	$618,826	$57,981
2022	$90,744	$115,154	$558,833	$-24,410
2021	$134,912	$166,241	$588,239	$-31,329
2020	$61,553	$87,257	$619,436	$-25,704
2019	$51,701	$87,834	$643,909	$-36,133
2018	$53,762	$91,141	$677,064	$-37,379

EAA CHAPTER 838 OF RACINE WI INC