AIR FORCE MEMORIAL FOUNDATION INC (EIN 541629975) - 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

1992

Legal Domicile

Principal Officer

BRUCE WRIGHT

Phone

7032475800

Tax Period

2018-01-01 to 2018-12-31

AIR FORCE MEMORIAL FOUNDATION INC, founded in 1992, is a micro nonprofit that reported $56K in total revenue in fiscal year 2018. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $71K exceeded revenue, resulting in a 28% operating deficit.

Mission

PROVIDES SUPPORT TO THE MEMORIAL AS A PLACE OF PRIDE, REVERENCE AND CELEBRATIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $12,657

Program Service Revenue $0

Investment Income $42,329

Other Revenue $1,010

TOTAL REVENUE $55,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,963

Fundraising Expenses $6,199

Program Expenses $30,530

Other Expenses $57,465

TOTAL EXPENSES $71,428

Year-over-Year Comparison

	2018	2017	Change
Revenue	$55,996	$548,548	-0.9%
Expenses	$71,428	$157,384	-0.5%
Net Income	$-15,432	$391,164	-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

1250

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

$774,433

Total Directors

Key Employees

$232,484

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
F WHITTEN PETERS	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
MAC MACALOON	VCOB, FIELD OPERATIONS	1.00	Officer Director	$0	$0	$0
JIM HANNAM	VCOB, AEROSPACE EDUCATION	1.00	Officer Director	$0	$0	$0
RICHARD W HARTLE	NATIONAL SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE LUNDGREN	NATIONAL TREASURER	1.00	Officer Director	$0	$0	$0
MARK DOUGLAS	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
KATHLEEN MCCOOL	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
LEONARD R VERNAMONTI	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
JAMES A CODY	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
ROBERT GEORGE	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
LESLEY KALAN	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
MIKE LIQUORI	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
TERRY J COX	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
TYLER JOHNSON	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
GERALD MURRAY	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
LISA S DISBROW	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
MARK L TARPLEY	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
MARK A WELSH II	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
BRUCE WRIGHT	NATIONAL DIRECTOR	0.50	Director	$0	$0	$0
RICHARD BUNDY	FORMER VCOB, AE (UNTIL 10/2018)	1.00	Officer Director	$0	$0	$0
ROSS B LAMPERT	FORMER SECRETARY (UNTIL 10/2018)	1.00	Officer Director	$0	$0	$0
CHARLES HEFLEBOWER	FORMER DIRECTOR (UNTIL 10/2018)	0.50	Director	$0	$0	$0
GENE D SANTARELLI	FORMER DIRECTOR (UNTIL 10/2018)	0.50	Director	$0	$0	$0
CHARLES L JOHNSON II	FORMER DIRECTOR (UNTIL 10/2018)	0.50	Director	$0	$0	$0
JOAN SELL	FORMER DIRECTOR (UNTIL 10/2018)	0.50	Director	$0	$0	$0
LARRY SPENCER	PRESIDENT	5.00	Officer	$0	$37,583	$587,924
JOSEPH STANGL	CHIEF FINANCIAL OFFICER	5.00	Officer	$0	$24,984	$186,509
DENISE HOLLYWOOD	EXECUTIVE VICE PRESIDENT	5.00	Key Emp	$0	$19,295	$232,484

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
2018	$55,996	$71,428	No data	$-15,432

AIR FORCE MEMORIAL FOUNDATION INC