NORTHWEST FLYERS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

BRENT PARK

Phone

6142080173

Tax Period

2024-01-01 to 2024-12-31

NORTHWEST FLYERS INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $153K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

PROVIDE AFFORDABLE TRAINING AND GENERAL AVIATION AIRCRAFT AND ACCESS TO QUALIFIED FLIGHT INSTRUCTORS TO CLUB MEMBERS PURSUING PRIVATE AND ADVANCED PILOT CERTIFICATIONS

Program Service Accomplishments

Program 1

PROVIDE AFFORDABLE TRAINING AND GENERAL AVIATION AIRCRAFT AND ACCESS TO QUALIFIED FLIGHT INSTRUCTORS TO CLUB MEMBERS PURSUING PRIVATE AND ADVANCED PILOT CERTIFICATIONS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,056

Program Service Revenue $110,016

Investment Income $0

Other Revenue $4,354

TOTAL REVENUE $153,426

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $164,740

TOTAL EXPENSES $164,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,426	$135,279	+0.1%
Expenses	$164,740	$163,871	+0.0%
Net Income	$-11,314	$-28,592	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC FETTERHOFF	SECRETARY	N/A	Officer Director	$0	$0	$0
SALLY HAIMBAUGH	TREASURER	N/A	Officer Director	$0	$0	$0
FREDERICK HOLSINGER	DIRECTOR	N/A	Director	$0	$0	$0
BRENT PARK	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL VARGAS	VICE-PRESIDE	N/A	Officer Director	$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	$153,426	$164,740	$39,965	$-11,314
2023	$135,279	$163,871	$50,932	$-28,592
2022	$208,329	$197,923	$79,601	$10,406
2021	$250,762	$242,393	$41,322	$8,369