FLIGHT EXPO INC

EIN: 411869452 501(c)(3) Community Improvement

ZIMMERMAN, MN

Total Revenue
$253,747
Total Expenses
$255,286
Total Assets
$566,236
Net Assets
$564,517
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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
1996
Legal Domicile
MN
Principal Officer
SHARON SANDBERG
Phone
7635683360
Tax Period
2025-01-01 to 2025-12-31

FLIGHT EXPO INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $254K in total revenue in fiscal year 2025. Revenue surged 85% from the prior year, signaling strong growth momentum. Net assets of $565K represent 27 months of operating reserves.

Mission

FLIGHT EXPO PROMOTES AVIATION EDUCATION THROUGH WORKSHOPS, SAFETY SEMINARS AND PRESERVATION OF AIRCRAFT.

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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 $62,586
Program Service Revenue $156,954
Investment Income $0
Other Revenue $34,207
TOTAL REVENUE $253,747

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,511
Program Expenses $240,723
Other Expenses $255,286
TOTAL EXPENSES $255,286

Year-over-Year Comparison

2025 2024 Change
Revenue $253,747 $136,933 +0.9%
Expenses $255,286 $218,930 +0.2%
Net Income $-1,539 $-81,997 -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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
12

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON SANDBERG PRESIDENT 50.00
Officer Director
$0 $0 $0
JOHN BJORNSTAD VP/SECRETARY 25.00
Officer Director
$0 $0 $0
OWEN NITZ TREASURER 20.00
Officer Director
$0 $0 $0
WALTER JOHNSON BOARD MEMBER 10.00
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
2025 $253,747 $255,286 $566,236 $-1,539
2024 $136,933 $218,930 $604,026 $-81,997
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