THE ACADEMY OF MODEL AERONAUTICS INC

EIN: 520799408 501(c)(3) Recreation & Sports

MUNCIE, IN

Total Revenue
$9,443,748
Total Expenses
$10,044,533
Total Assets
$15,623,745
Net Assets
$7,777,178
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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
1966
Legal Domicile
DC
Principal Officer
TYLER DOBBS
Phone
7652871256
Tax Period
2024-01-01 to 2024-12-31

THE ACADEMY OF MODEL AERONAUTICS INC, founded in 1966, is a community nonprofit in the Recreation & Sports sector that reported $9.4M in total revenue in fiscal year 2024.

Mission

EDUCATIONAL PROGRAMS

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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 (2024)

Revenue Breakdown

Contributions & Grants $58,001
Program Service Revenue $7,977,887
Investment Income $528,287
Other Revenue $879,573
TOTAL REVENUE $9,443,748

Expense Breakdown

Grants Paid $52,645
Salaries & Benefits $3,658,604
Fundraising Expenses $0
Program Expenses $7,475,558
Other Expenses $6,333,284
TOTAL EXPENSES $10,044,533

Year-over-Year Comparison

2024 2023 Change
Revenue $9,443,748 $9,093,789 +0.0%
Expenses $10,044,533 $10,015,829 +0.0%
Net Income $-600,785 $-922,040 -0.3%
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

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Governance

Voting Members
15
Independent Members
15
Employees
59
Volunteers
300

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
19
$373,869
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH HANSON PRESIDENT 20.00
Officer Director
$0 $0 $0
ANDREW ARGENIO VICE PRESIDENT-DISTRICT 1 2.00
Officer Director
$0 $0 $0
ERIC WILLIAMS VICE PRESIDENT-DISTRICT 2 2.00
Officer Director
$0 $0 $0
MARK RADCLIFF VICE PRESIDENT-DISTRICT 3 2.00
Officer Director
$0 $0 $0
JAY MARSH III VICE PRESIDENT-DISTRICT 4 2.00
Officer Director
$0 $0 $0
RANDY CAMERON EXECUTIVE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GARY HIMES VICE PRESIDENT-DISTRICT 6 2.00
Officer Director
$0 $0 $0
LAWRENCE HARVILLE VICE PRESIDENT-DISTRICT 8 2.00
Officer Director
$0 $0 $0
BRANDON KOCH VICE PRESIDENT-DISTRICT 9 2.00
Officer Director
$0 $0 $0
GREG STONE VICE PRESIDENT-DISTRICT 10 2.00
Officer Director
$0 $0 $0
PHIL TALLMAN VICE PRESIDENT-DISTRICT 11 2.00
Officer Director
$0 $0 $0
ANDREW GRIFFITH VICE PRESIDENT-DISTRICT 5 2.00
Officer Director
$0 $0 $0
RANDY GIBSON VICE PRESIDENT-DISTRICT 7 2.00
Officer Director
$0 $0 $0
AMY SPOWART NAA REPRESENTATIVE 2.00
Officer Director
$0 $0 $0
RANDY ADAMS VICE PRESIDENT-DISTRICT 3 2.00
Officer Director
$0 $0 $0
CHAD BUDREAU PAST EXECUTIVE DIRECTOR 40.00
Officer
$157,027 $24,038 $181,065
SUE AHLBRAND COMPTROLLER/ACCOUNTING MANAGER 40.00
Officer
$69,657 $10,195 $79,852
MARC GUERRA CHIEF FINANCIAL OFFICER 2.00
Officer
$0 $0 $0
TYLER DOBBS INTERIM EXECUTIVE DIRECTOR 40.00
Officer
$99,527 $13,425 $112,952
ROBERT KUREK COMMUNICATION DIRECTOR 40.00
Highest
$106,667 $18,943 $125,610
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 $9,443,748 $10,044,533 $15,623,745 $-600,785
2023 $9,093,789 $10,015,829 $15,398,326 $-922,040
2022 $8,750,712 $9,735,094 $13,951,814 $-984,382
2021 $9,466,865 $9,341,844 $16,543,277 $125,021
2020 $9,207,922 $9,030,723 $14,826,959 $177,199
2019 $8,945,293 $10,506,518 $13,355,520 $-1,561,225
2018 $10,190,661 $11,693,725 $13,384,480 $-1,503,064
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