HANGAR 24 CHARITIES

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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

Principal Officer

BEN COOK

Phone

9093891400

Tax Period

2019-01-01 to 2019-12-31

HANGAR 24 CHARITIES, founded in 2012, is a micro nonprofit in the Environment sector that reported $80K in total revenue in fiscal year 2019. The organization ran a surplus of $32K, a strong 40% operating margin.

Mission

HANGAR 24 CHARITIES IS COMMITTED TO PROVIDING SUPPORT TO LOCAL CHILDREN'S ORGANIZATIONS THAT STRENGTHEN WELL-BEING, EDUCATION AND HEALTH, AS WELL AS, LOCAL AND NATIONAL VETERANS ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $44,500

HANGAR 24 CHARITIES HAS PROVIDED FUNDING TO LOCAL ORGANIZATIONS AND MEANINGFUL CAUSES. THE GOAL IS TO HELP FUND ORGANIZATIONS THAT HELP THOSE MOST PERTINENT TO OUR COUNTRY'S FUTURE: CHILDREN AND...

HANGAR 24 CHARITIES HAS PROVIDED FUNDING TO LOCAL ORGANIZATIONS AND MEANINGFUL CAUSES. THE GOAL IS TO HELP FUND ORGANIZATIONS THAT HELP THOSE MOST PERTINENT TO OUR COUNTRY'S FUTURE: CHILDREN AND VETERANS. EVERY CHILD IS AN INTEGRAL PART OF THE FUTURE PROSPERITY OF THIS COUNTRY. IT IS IMPORTANT THAT EVERY CHILD HAS THE RESOURCES TO BECOME SUCCESSFUL. THE FUNDS CONTRIBUTIONS RANGE FROM HEALTH COSTS, EDUCATION, OR SOCIAL SKILLS. THE VETERANS ARE ALSO AN INTEGRAL PART IN THE PRESERVATION OF THIS COUNTRY. HANGAR 24 CHARITIES ADVOCATES FOR THEIR HEALTH SERVICES, CONTINUED EDUCATION, AND SOCIETAL REINTEGRATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $80,160

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $80,160

Expense Breakdown

Grants Paid $44,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,500

Other Expenses $3,672

TOTAL EXPENSES $48,172

Year-over-Year Comparison

	2019	2018	Change
Revenue	$80,160	$-12,941	-7.2%
Expenses	$48,172	$60,802	-0.2%
Net Income	$31,988	$-73,743	-1.4%

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

800

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

$117,859

Total Directors

$61,145

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAM DAVIDSON	DIRECTOR	3.00	Director	$0	$0	$0
MARK STANSON	DIRECTOR	3.00	Director	$0	$0	$0
TODD SMITH	DIRECTOR	0.50	Director	$0	$21,651	$61,145
DON MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN COOK	PRESIDENT	3.00	Officer	$0	$5,239	$117,859

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
2019	$80,160	$48,172	$39,786	$31,988
2018	$-12,941	$60,802	$5,792	$-73,743