AIRCRAFT ELECTRONICS ASSOCIATION EDUCATIONAL FOUNDATION INC (EIN 431548269) - 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

1990

Legal Domicile

Principal Officer

MIKE ADAMSON

Phone

8163478400

Tax Period

2024-01-01 to 2024-12-31

AIRCRAFT ELECTRONICS ASSOCIATION EDUCATIONAL FOUNDATION INC, founded in 1990, is a small nonprofit in the Education sector that reported $244K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $280K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROMOTE AND SECURE THE FUTURE OF AVIATION BY FURTHERING THE EDUCATION OF STUDENTS, TECHNICIANS AND OTHERS AS DETERMINED BY AVIATION INDUSTRY NEEDS.

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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 $20,780

Program Service Revenue $168,327

Investment Income $19,641

Other Revenue $34,951

TOTAL REVENUE $243,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $263,102

Other Expenses $279,963

TOTAL EXPENSES $279,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,699	$224,995	+0.1%
Expenses	$279,963	$235,905	+0.2%
Net Income	$-36,264	$-10,910	+2.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE ADAMSON	SECRETARY/TR	4.00	Officer	$0	$0	$0
MIKE BERRYHILL	VICE CHAIRMA	1.00	Officer	$0	$0	$0
BILL HANF	CHAIRMAN	1.00	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	$243,699	$279,963	$745,588	$-36,264
2023	$224,995	$235,905	$786,707	$-10,910
2022	$245,849	$161,737	$792,762	$84,112
2021	$227,763	$208,823	$708,650	$18,940
2020	$186,206	$161,453	$689,710	$24,753
2019	$188,741	$168,902	$664,957	$19,839
2018	$225,544	$183,872	$645,118	$41,672

AIRCRAFT ELECTRONICS ASSOCIATION EDUCATIONAL FOUNDATION INC