Thunderbird Field II Veterans Memorial Inc

EIN: 471588269 501(c)(3) Public & Societal Benefit

Scottsdale, AZ

Total Revenue
$161,216
Total Expenses
$123,598
Total Assets
$557,796
Net Assets
$553,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AZ
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 rich history of the Scottsdale Airport, honor all veterans and To provide edcuational scholarships for students going to Arizona colleges and enrolled in aviation programs

Program Service Accomplishments

Program 1
Expenses: $54,608 Revenue: $114,543

Annual Veteran's Day Swing Time Gala, introducing scholarship recipients, donor engagement, introduction to Dogs For Vets.

Program 2
Expenses: $22,928

Provided 10 scholarships to AZ students

Program 3
Expenses: $13,197

Maintained and continued improvement to the Memorial and Memorial Wing

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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%)

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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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Liquidity & Cash Position

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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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
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
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