WING NUTS FLYING CLUB LTD (EIN 541292147) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

Roger Scott

Phone

8042409886

Tax Period

2025-01-01 to 2025-12-31

WING NUTS FLYING CLUB LTD, founded in 1980, is a small nonprofit that reported $200K in total revenue in fiscal year 2020. Revenue decreased 13% compared to the prior year. Expenses of $175K left a modest 13% surplus.

Mission

The purpose of the Corporation is to own and maintain a fleet of aircraft for regular members' use, and to promote flying interest in general aviation as a non-profit entity.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $346,215

Program Service Revenue $0

Investment Income $-65,204

Other Revenue $0

TOTAL REVENUE $281,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $279,690

TOTAL EXPENSES $279,690

Year-over-Year Comparison

	2025	2024	Change
Revenue	$281,011	$509,702	-0.4%
Expenses	$279,690	$420,885	-0.3%
Net Income	$1,321	$88,817	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Roger Scott	President / Treasurer / Board Member	Director	$0	$0	$0
Jeff Elgin	Vice President / Board Member	Director	$0	$0	$0
Michael Sweeney	Board Member	Director	$0	$0	$0
Jordan Thompson	Board Member	Director	$0	$0	$0
Sean Francis	Board Member	Director	$0	$0	$0
Erik Hafkey	Board Member	Director	$0	$0	$0
Matthew Roy	Board Member	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
2025	$281,011	$279,690	$1,005,882	$1,321
2024	$509,702	$420,885	$1,114,790	$88,817
2023	$596,875	$331,150	$1,037,446	$265,725
2022	$287,551	$275,083	$655,544	$12,468
2021	$255,425	$200,042	$706,640	$55,383
2020	$200,308	$174,842	$684,043	$25,466

WING NUTS FLYING CLUB LTD