Truckee-Tahoe Soaring Association (EIN 472856204) - 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

2015

Legal Domicile

Phone

5305876702

Tax Period

2019-01-01 to 2019-12-31

Truckee-Tahoe Soaring Association, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $244K in total revenue in fiscal year 2019. Revenue decreased 6% compared to the prior year. Expenses of $270K exceeded revenue, resulting in a 11% operating deficit.

Mission

The purpose of the organization is to advance the science,art,and safey of soaring flight in the Northern California and Nevada region by educating individuals, and promoting awareness among individuals.... the organization will train aspiring pilots primarily youth in soaring flightprovide a lauch facility for glinder pilots introdice the general public to soaring flight and promote safety

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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 (2019)

Revenue Breakdown

Contributions & Grants $244,427

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $244,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,849

Fundraising Expenses $0

Program Expenses $264,921

Other Expenses $187,292

TOTAL EXPENSES $270,141

Year-over-Year Comparison

	2019	2018	Change
Revenue	$244,432	$258,721	-0.1%
Expenses	$270,141	$263,455	+0.0%
Net Income	$-25,709	$-4,734	+4.4%

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

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

$2,268

Total Directors

$9,576

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donald Brown	Treasurer	5.00	Director	$9,216	$0	$9,216
Richard Pearl	Vice President	5.00	Officer	$2,268	$0	$2,268
Willis Ludlow	Director	5.00	Director	$360	$0	$360
Gregory Peairs	Director	5.00	Director	$0	$0	$0
Jonathan Hughes	Director	5.00	Director	$0	$0	$0
Jack Armstrong	Director	5.00	Director	$0	$0	$0
Edward Lord	Director	5.00	Director	$0	$0	$0
Thomas Greenhill	Director	5.00	Director	$0	$0	$0
Gregory Scileppi	Director	5.00	Director	$0	$0	$0
William Snow	President	5.00	Officer	$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
2019	$244,432	$270,141	$279,532	$-25,709
2018	$258,721	$263,455	$272,958	$-4,734

Truckee-Tahoe Soaring Association