MINNESOTA BUSINESS AVIATION ASSOCIATION

EIN: 411842398 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$160,030
Total Expenses
$135,779
Total Assets
$148,156
Net Assets
$148,156
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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
1980
Legal Domicile
MN
Principal Officer
JESSICA BELCHER
Phone
6512691221
Tax Period
2025-01-01 to 2025-12-31

MINNESOTA BUSINESS AVIATION ASSOCIATION, founded in 1980, is a small nonprofit in the Community Improvement sector that reported $160K in total revenue in fiscal year 2025. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 15% operating margin.

Mission

ENHANCE COMMUNICATION BETWEEN MEMBERS. POSITIVELY INFLUENCE LAWS AND REGULATIONS IMPACTING BUSINESS AVIATION. EDUCATING GOVERNMENT OFFICIALS AND AGENCIES ALONG WITH THE GENERAL PUBLIC ON THE NEEDS AND BENEFITS OF BUSINESS AVIATION. INFORMING MEMBERS OF REGULATION CHANGES, SAFETY ISSUES AND TECHNOLOGICAL ADVANCES THAT IMPACT BUSINESS AVIATION.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $84,328
Program Service Revenue $74,781
Investment Income $921
Other Revenue $0
TOTAL REVENUE $160,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $76,643
Program Expenses $48,886
Other Expenses $135,779
TOTAL EXPENSES $135,779

Year-over-Year Comparison

2025 2024 Change
Revenue $160,030 $126,704 +0.3%
Expenses $135,779 $130,663 +0.0%
Net Income $24,251 $-3,959 -7.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
25

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
7
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA BELCHER EXECUTIVE DI N/A
Director
$0 $0 $0
JASON CEMINSKY BOARD MEMBER N/A
Officer
$0 $0 $0
ADAM ERICKSON VICE PRESIDE N/A
Officer
$0 $0 $0
GRANT FITZER PRESIDENT N/A
Officer
$0 $0 $0
NATE HAYNOR PAST PRESIDE N/A
Officer
$0 $0 $0
ANDREW HESSE BOARD MEMBER N/A
Officer
$0 $0 $0
LANE HINSPERGER DIRECTOR N/A
Officer
$0 $0 $0
PRESTON JASPER BOARD MEMBER 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
2025 $160,030 $135,779 $148,156 $24,251
2024 $126,704 $130,663 $123,905 $-3,959
2023 $133,786 $103,865 $127,864 $29,921
2022 $146,904 $146,849 $97,943 $55
2021 $106,389 $99,796 $97,888 $6,593
2020 $55,741 $65,560 $91,295 $-9,819
2019 $164,944 $152,248 $101,114 $12,696
2018 $127,982 $119,375 $88,418 $8,607
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