Saint Cloud, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ST CLOUD STATE UNIVERSITY AERO CLUB INC, founded in 1950, is a micro nonprofit that reported $82K in total revenue in fiscal year 2020. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 18% operating deficit.
We are a student organization of St Cloud State University. We provide flight training & aviation related education activities to our members
We served approx. 41 members. Flight instruction for basic training is the primary activity and totaled 611 flight hours this year. We own and maintain 2 small single engine aircraft to provide our...
We served approx. 41 members. Flight instruction for basic training is the primary activity and totaled 611 flight hours this year. We own and maintain 2 small single engine aircraft to provide our members with flight training at economical rates
We own a hangar which provides storage space for our aircraft and a small room for member's flight lesson preparation and discussion with their instructor. It also provides space for some meeting...
We own a hangar which provides storage space for our aircraft and a small room for member's flight lesson preparation and discussion with their instructor. It also provides space for some meeting activities. Expenses are listed as occupancy in Part IX line
Due to Covid, our monthly meetings were by Zoom this year. There were no specific expenses for this.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $82,250 | $122,419 | -0.3% |
| Expenses | $97,367 | $91,528 | +0.1% |
| Net Income | $-15,117 | $30,891 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TYLER TURRIFF | President | 4.000 |
Officer
|
$0 | $0 | $0 |
| NICHOLAS WITTE | Vice President | 4.000 |
Officer
|
$0 | $0 | $0 |
| GJERTINE SNOW | Secretary | 3.000 |
Officer
|
$0 | $0 | $0 |
| IAN BIRMINGHAM | Programs Publicity | 3.000 |
Officer
|
$0 | $0 | $0 |
| ALAN ANDERSON | Treasurer 2021 | 6.000 |
Officer
|
$0 | $0 | $0 |
| STEVEN ANDERSON | Faculty Advisor | 6.000 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $82,250 | $97,367 | $585,231 | $-15,117 |
Compare ST CLOUD STATE UNIVERSITY AERO CLUB INC with other nonprofits in Minnesota and across the country.