Air Capital Charities Inc (EIN 462001743) - 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

2013

Legal Domicile

Phone

3162199046

Tax Period

2023-10-01 to 2024-09-30

Air Capital Charities Inc, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $234K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $405K exceeded revenue, resulting in a 73% operating deficit.

Mission

FOSTER AND SUPPORT EDUCATIONAL AND OTHER CHARITABLE ENDEAVORS IN THE GREATER WICHITA METRO AREA, INCLUDING, SUPPORT OF AND COOPERATION WITH OTHER NOT-FOR-PROFIT ORGANIZATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $533,918

Program Service Revenue $0

Investment Income $0

Other Revenue $-300,327

TOTAL REVENUE $233,591

Expense Breakdown

Grants Paid $77,085

Salaries & Benefits $297,135

Fundraising Expenses $0

Program Expenses $77,085

Other Expenses $30,415

TOTAL EXPENSES $404,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,591	$375,260	-0.4%
Expenses	$404,635	$577,483	-0.3%
Net Income	$-171,044	$-202,223	-0.2%

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

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

$154,997

Total Directors

$89,357

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUSTY BUELL	PRESIDENT/DIRECTOR	40.0	Officer Director	$82,885	$6,472	$89,357
JACK PELTON	CHAIRMAN/DIRECTOR	2.0	Officer Director	$0	$0	$0
SCOTT HATCHETT	VICE PRESIDENT/DIRECTOR	2.0	Officer Director	$0	$0	$0
TROY JORDAN	VICE PRESIDENT/DIRECTOR	2.0	Officer Director	$0	$0	$0
BILL PICKERT	DIRECTOR	2.0	Director	$0	$0	$0
CHRIS HOOSE	DIRECTOR	2.0	Director	$0	$0	$0
FRANK LICHTLIN	DIRECTOR	2.0	Director	$0	$0	$0
AMY FLETCHER	TREASURER	2.0	Officer	$12,640	$0	$12,640
KELLI ELMORE	SECRETARY	40.0	Officer	$53,000	$0	$53,000

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	$233,591	$404,635	$227,947	$-171,044
2023	$375,260	$577,483	$118,237	$-202,223
2022	$545,060	$531,867	$329,924	$13,193
2021	$560,776	$521,110	$299,099	$39,666
2020	$-19,037	$338,955	$792,101	$-357,992
2019	$690,934	$685,230	$155,924	$5,704
2018	$443,109	$444,320	$170,131	$-1,211

Air Capital Charities Inc