AERIAL PROMOTIONS INC

EIN: 421305729 501(c)(3)

ELDRIDGE, IA

Total Revenue
$1,176,522
Total Expenses
$1,063,258
Total Assets
$145,249
Net Assets
$145,249
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IA
Principal Officer
Kenneth W Hopper - Chairman
Phone
5633490044
Tax Period
2024-11-01 to 2025-10-31

AERIAL PROMOTIONS INC, founded in 1987, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

Our primary mission has not changed in our almost 40 years of operation. That is to provide for a fun-filled, family entertainment and enrichment weekend event to highlight the importance of aviation, airports, military and showcase national and commnity pride, this is called an Air Show.

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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 (2024)

Revenue Breakdown

Contributions & Grants $460,380
Program Service Revenue $562,682
Investment Income $0
Other Revenue $153,460
TOTAL REVENUE $1,176,522

Expense Breakdown

Grants Paid $178,431
Salaries & Benefits $0
Fundraising Expenses $246,725
Program Expenses $1,063,258
Other Expenses $884,827
TOTAL EXPENSES $1,063,258

Year-over-Year Comparison

2024 2023 Change
Revenue $1,176,522 $775,742 +0.5%
Expenses $1,063,258 $853,802 +0.2%
Net Income $113,264 $-78,060 -2.5%
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
12
Independent Members
12
Employees
N/A
Volunteers
500

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
1
$0
Total Directors
12
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth W Hopper Chairman-CEO 30.00
Officer Director Key Emp
$0 $0 $0
Margie C Hopper Vice President 10.00
Director
$0 $0 $0
Michelle C Payne Vice President 20.00
Director
$0 $0 $0
Lori E Pinckney Vice President 10.00
Director
$0 $0 $0
Evan C Hopper Vice President 10.00
Director
$0 $0 $0
John P Norris Director 10.00
Director
$0 $0 $0
Mike Payne Director 10.00
Director
$0 $0 $0
Dick McGarry Director 10.00
Director
$0 $0 $0
Dave Schumacher Director 10.00
Director
$0 $0 $0
Ray Milem Sr Director 10.00
Director
$0 $0 $0
Dr Scotty Harms Director 10.00
Director
$0 $0 $0
Tevien Pinckney Director 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 $1,176,522 $1,063,258 $145,249 $113,264
2024 $775,742 $853,802 $31,955 $-78,060
2023 $1,050,899 $933,570 $110,015 $117,329
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