WORLD AVIATION MUSUEM CORP

EIN: 461459849 501(c)(3) Arts, Culture & Humanities

WOODVILLE, WI

Total Revenue
$-58,000
Total Expenses
$87,347
Total Assets
$245,065
Net Assets
$245,065
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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
2012
Legal Domicile
CO
Principal Officer
WILLIAM GEIPEL
Phone
3034086899
Tax Period
2024-01-01 to 2024-12-31

WORLD AVIATION MUSUEM CORP, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $58K in total revenue in fiscal year 2024. Revenue fell 462% from the prior year — a significant decline worth monitoring.

Mission

aircraft museum - public 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 (2024)

Revenue Breakdown

Contributions & Grants $6,000
Program Service Revenue $0
Investment Income $-64,000
Other Revenue $0
TOTAL REVENUE $-58,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $87,347
Other Expenses $87,347
TOTAL EXPENSES $87,347

Year-over-Year Comparison

2024 2023 Change
Revenue $-58,000 $16,000 -4.6%
Expenses $87,347 $103,057 -0.2%
Net Income $-145,347 $-87,057 +0.7%
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
3
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM GEIPEL PRESIDENT 1
Officer
$0 $0 $0
CHERYL GEIPEL SECRETARY - TREASURER 1
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 $-58,000 $87,347 $245,065 $-145,347
2023 $16,000 $103,057 $285,472 $-87,057
2022 $27,500 $104,762 $391,799 $-77,262
2021 $160,000 $108,013 $518,068 $51,987
2020 $-3,900 $87,114 $397,804 $-91,014
2019 $201,683 $76,893 $488,818 $124,790
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