RECREATIONAL AVIATION FOUNDATION (EIN 421613294) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

JOHN MCKENNA

Phone

4065821723

Tax Period

2024-01-01 to 2024-12-31

RECREATIONAL AVIATION FOUNDATION, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $409K, a strong 34% operating margin.

Mission

THE RECREATIONAL AVIATION FOUNDATION PRESERVES, IMPROVES, AND CREATES AIRSTRIPS FOR RECREATIONAL ACCESS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $930,303

Program Service Revenue $0

Investment Income $280,943

Other Revenue $2,055

TOTAL REVENUE $1,213,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,947

Fundraising Expenses $20,621

Program Expenses $604,588

Other Expenses $677,922

TOTAL EXPENSES $803,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,213,301	$3,368,499	-0.6%
Expenses	$803,869	$811,632	0.0%
Net Income	$409,432	$2,556,867	-0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL BRINE	DIRECTOR	6.00	Director	$0	$0	$0
PETER BUNCE	DIRECTOR	4.00	Director	$0	$0	$0
JEFF RUSSELL	DIRECTOR	18.00	Director	$0	$0	$0
TODD SIMMONS	DIRECTOR	10.00	Director	$0	$0	$0
STEVE TAYLOR	DIRECTOR	4.00	Director	$0	$0	$0
BILL MCGLYNN	PRESIDENT	40.00	Officer	$0	$0	$0
JOHN MCKENNA	CHAIRMAN	40.00	Officer	$0	$0	$0
MIKE PERKINS	TREASURER	40.00	Officer	$0	$0	$0
TIM RILEY	VICE PRESIDE	8.00	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
2024	$1,213,301	$803,869	$7,123,937	$409,432
2023	$3,368,499	$811,632	$6,723,043	$2,556,867
2022	$1,934,779	$441,573	$4,164,596	$1,493,206
2021	$645,761	$564,910	$2,657,968	$80,851
2020	$1,040,251	$344,545	$2,573,230	$695,706
2019	$292,802	$330,498	$1,885,109	$-37,696
2018	$317,826	$268,180	$1,915,137	$49,646

RECREATIONAL AVIATION FOUNDATION