VAI FOUNDATION INC (EIN 521297129) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

JAMES A VIOLA

Phone

7036834646

Tax Period

2022-07-01 to 2023-06-30

HELICOPTER FOUNDATION INTERNATIONAL INC, founded in 1983, is a micro nonprofit that reported $85K in total revenue in fiscal year 2017. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $307K exceeded revenue, resulting in a 263% operating deficit.

Mission

PROMOTE HELICOPTER SAFETY & EDUCATION, AND PRESERVE HISTORICAL DATA RELATING TO THE HELICOPTER.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $607,742

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $607,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $390

Other Expenses $390

TOTAL EXPENSES $390

Year-over-Year Comparison

	2022	2021	Change
Revenue	$607,742	$44,400	+12.7%
Expenses	$390	$3,831	-0.9%
Net Income	$607,352	$40,569	+14.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$966,745

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY SMITH	CHAIR	1.00	Officer Director	$0	$0	$0
B ADAM HAMMOND	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NICOLE BATTJES	TREASURER	1.00	Officer Director	$0	$0	$0
MARK SCHLAEFLI	ASST TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN JORGENSON	DIRECTOR	1.00	Director	$0	$0	$0
RICK KENIN	DIRECTOR	1.00	Director	$0	$0	$0
RANDAL ROWLES	DIRECTOR	1.00	Director	$0	$0	$0
STACY SHEARD	DIRECTOR	1.00	Director	$0	$0	$0
R MILLER STALLINGS	DIRECTOR	1.00	Director	$0	$0	$0
H BRYAN BREWER III	LEGAL ADVISOR	1.00	Director	$0	$0	$0
JONATHAN DANIELS	SPECIAL ADVISOR	1.00	Director	$0	$0	$0
FRANCOIS LASSALE	SPECIAL ADVISOR	1.00	Director	$0	$0	$0
JAMES VIOLA	PRESIDENT AND CEO	40.00	Officer	$0	$18,525	$717,386
ROXANNE FOX	CHIEF OF STAFF (UNTIL 6/2023)	40.00	Officer	$0	$31,168	$249,359

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
2023	$607,742	$390	$42,932	$607,352
2022	$44,400	$21,531	$17,992	$22,869
2021	$21,797	$158,715	$478,992	$-136,918
2020	$68,031	$199,530	$548,124	$-131,499
2018	$84,533	$306,573	$538,398	$-222,040

VAI FOUNDATION INC