Pikes Peak Regional Airshow

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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

2014

Legal Domicile

Phone

7196377559

Tax Period

2024-01-01 to 2024-12-31

Pikes Peak Regional Airshow, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 16454% from the prior year, signaling strong growth momentum.

Mission

PIKES PEAK REGIONAL AIRSHOW EDUCATES THE PUBLIC ON THE HISTORY OF MILITARY AIRCRAFT BY PUTTING ON AN AIRSHOW TO SUPPORT THE NATIONAL MUSEUM OF WORLD WAR II AVIATION; THE FT. CARSON 4TH INFANTRY DIVISION MUSEUM; AND THE PETERSON AIR AND SPACE MUSEUM.

Program Service Accomplishments

Program 1

Expenses: $2,088,924 Revenue: $2,115,830

PIKES PEAK REGIONAL AIRSHOW ORCHESTRATED AN AIRSHOW IN 2024 FOR THE BENEFIT OF THREE LOCAL MUSEUMS: *THE NATIONAL MUSEUM OF WORLD WAR II AVIATION *THE PETERSON AIR AND SPACE MUSEUM *THE FT. CARSON...

PIKES PEAK REGIONAL AIRSHOW ORCHESTRATED AN AIRSHOW IN 2024 FOR THE BENEFIT OF THREE LOCAL MUSEUMS: *THE NATIONAL MUSEUM OF WORLD WAR II AVIATION *THE PETERSON AIR AND SPACE MUSEUM *THE FT. CARSON 4TH INFANTRY DIVISION MUSEUM

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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 $0

Program Service Revenue $2,115,788

Investment Income $18,509

Other Revenue $5,934

TOTAL REVENUE $2,140,231

Expense Breakdown

Grants Paid $971,354

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,088,924

Other Expenses $1,354,012

TOTAL EXPENSES $2,325,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,140,231	$12,929	+164.5%
Expenses	$2,325,366	$14,124	+163.6%
Net Income	$-185,135	$-1,195	+153.9%

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

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
ANGELICA WILSON	TREASURER	1.0	Officer Director	$0	$0	$0
MEGAN LEATHAM	VICE-PRESIDENT	1.0	Officer Director	$0	$0	$0
WILLIAM KLAERS	PRESIDENT	1.0	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	$2,140,231	$2,325,366	$45,850	$-185,135
2022	$958,539	$822,270	$380,486	$136,269
2019	$526,976	$494,494	$104,850	$32,482