THE ACADEMY OF MODEL AERONAUTICS I… - Form 990 Financial Data

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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

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

THE ACADEMY OF MODEL AERONAUTICS IS A WORLD-CLASS ASSOCIATION OF MODELERS ORGANIZED FOR THE PURPOSE OF PROMOTION, DEVELOPMENT, EDUCATION, ADVANCEMENT, AND SAFEGUARD OF MODELING ACTIVITIES. THE ACADEMY PROVIDES LEADERSHIP, ORGANIZATION, COMPETITION, COMMUNICATION, PROTECTION, REPRESENTATION, RECOGNITION, EDUCATION AND SCIENTIFIC/TECHNICAL DEVELOPMENT TO MODELERS.

Program Service Accomplishments

Program 1

Expenses: $7,475,558 Revenue: $8,231,603

DESIGNED TO ENCOURAGE BUILDING OF MODEL AIRCRAFT, DESIGNING, AND PARTICIPATION IN FLYING CONTESTS ON THE NATIONAL AND INTL LEVELS. MUSEUM AND LIBRARY ARE MAINTAINED TO FURTHER EDUCATE AND ASSIST...

DESIGNED TO ENCOURAGE BUILDING OF MODEL AIRCRAFT, DESIGNING, AND PARTICIPATION IN FLYING CONTESTS ON THE NATIONAL AND INTL LEVELS. MUSEUM AND LIBRARY ARE MAINTAINED TO FURTHER EDUCATE AND ASSIST MEMBERS. APPROXIMATELY 102,710 MEMBERS SERVED.

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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 $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

Governance

Voting Members

Independent Members

Employees

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

$373,869

Total Directors

Key Employees

Highest Compensated

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

THE ACADEMY OF MODEL AERONAUTICS INC