SAFER SKIES INC

EIN: 412215538 501(c)(3) Public Safety

HOWARD BEACH, NY

Total Revenue
$-45,944
Total Expenses
$60,257
Total Assets
$938,800
Net Assets
$764,302
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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
2007
Legal Domicile
NY
Principal Officer
MICHAEL H CONNERY
Phone
9176031902
Tax Period
2023-01-01 to 2023-12-31

SAFER SKIES INC, founded in 2007, is a micro nonprofit in the Public Safety sector that reported $46K in total revenue in fiscal year 2023. Revenue fell 185% from the prior year — a significant decline worth monitoring.

Mission

PROMOTING AVIATION SAFETY THROUGH 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $381,550
Program Service Revenue $0
Investment Income $-427,494
Other Revenue $0
TOTAL REVENUE $-45,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,231
Other Expenses $60,257
TOTAL EXPENSES $60,257

Year-over-Year Comparison

2023 2022 Change
Revenue $-45,944 $54,024 -1.9%
Expenses $60,257 $69,113 -0.1%
Net Income $-106,201 $-15,089 +6.0%
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
1
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL H CONNERY President 30.00
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
2024 No data No data No data No data
2023 $-45,944 $60,257 $938,800 $-106,201
2022 $54,024 $69,113 $928,227 $-15,089
2021 $451,821 $27,665 $1,159,216 $424,156
2020 $-1,938,618 $35,800 $1,266,908 $-1,974,418
2019 $398,203 $270,239 $4,318,355 $127,964
2018 $433,402 $180,845 $2,473,921 $252,557
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