Thunderbird Field II Veterans Memorial Inc (EIN 471588269) - 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

2014

Legal Domicile

Principal Officer

STEVE ZIOMEK

Phone

4806646604

Tax Period

2023-01-01 to 2023-12-31

Thunderbird Field II Veterans Memorial Inc, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $161K in total revenue in fiscal year 2023. Revenue surged 807% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38K, a strong 23% operating margin.

Mission

To commemorate the history of the Scottsdale airport honor veterans provide educational aviation scholarship to Arizona students

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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 $19,408

Program Service Revenue $0

Investment Income $-24,527

Other Revenue $166,335

TOTAL REVENUE $161,216

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $63,786

Program Expenses $90,733

Other Expenses $113,598

TOTAL EXPENSES $123,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,216	$17,775	+8.1%
Expenses	$123,598	$48,192	+1.6%
Net Income	$37,618	$-30,417	-2.2%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ZIOMEK	Chairman	N/A	Officer Director	$0	$0	$0
JOELL ADAMS	Treasurer	N/A	Officer Director	$0	$0	$0
GUNNAR BUZZARD	VicePresident	N/A	Officer Director	$0	$0	$0
SCOTT WEBER	Director	N/A	Director	$0	$0	$0
NOLAN DE GRAAFF	Director	N/A	Director	$0	$0	$0
PRISCILLA NELSON	Director	N/A	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	No data	No data	No data	No data
2023	$161,216	$123,598	$557,796	$37,618
2022	$115,747	$48,192	$521,317	$67,555
2021	$553,913	$66,302	$562,388	$487,611
2020	$29,688	$29,848	$74,818	$-160
2019	$27,344	$55,018	$69,145	$-27,674

Thunderbird Field II Veterans Memorial Inc