ARLINGTON, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AIR FORCE AID SOCIETY, founded in 1942, is a community nonprofit in the Public & Societal Benefit sector that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $12.9M exceeded revenue, resulting in a 97% operating deficit.
SUPPORT AIRMEN AND GUARDIANS BY RELIEVING EMERGENCY FINANCIAL DISTRESS, HELPING FAMILIES ACHIEVE THEIR EDUCATIONAL GOALS, AND IMPROVING THE QUALITY OF AIR AND SPACE FORCE LIFE.
EMERGENCY ASSISTANCE: THIS PROGRAM PROVIDES INTEREST FREE LOANS AND GRANTS TO AIR AND SPACE FORCE MEMBERS, RETIREES AND WIDOWS BASED ON THE INDIVIDUAL SITUATION. THESE LOANS AND GRANTS ARE PROVIDED...
EMERGENCY ASSISTANCE: THIS PROGRAM PROVIDES INTEREST FREE LOANS AND GRANTS TO AIR AND SPACE FORCE MEMBERS, RETIREES AND WIDOWS BASED ON THE INDIVIDUAL SITUATION. THESE LOANS AND GRANTS ARE PROVIDED TO MEET IMMEDIATE FINANCIAL NEEDS IN AN EMERGENCY SITUATION AS A STEP TOWARD A LASTING SOLUTION TO A PROBLEM. ELIGIBLE MEMBERS MAY APPLY THROUGH A STANDARD OF FALCON LOAN APPLICATION. THE SOCIETY STARTED THE FALCON LOAN PROGRAM IN MARCH 2008 TO MAKE EMERGENCY ASSISTANCE FUNDS READILY ACCESSIBLE TO AIR AND SPACE FORCE MEMBERS IN NEED BY STREAMLINING THE APPLICATION PROCESS. THE FALCON LOAN PROGRAM PROVIDES INTEREST-FREE LOANS OF UP TO $1,000 TO ASSIST WITH EMERGENCY FINANCIAL NEEDS.
EDUCATIONAL ASSISTANCE: THE GENERAL H. H. ARNOLD EDUCATION GRANT PROGRAM PROVIDES NEEDS-BASED GRANTS TO SONS, DAUGHTERS, AND SPOUSES OF THE AIR AND SPACE FORCE MEMBERS WHO ARE ENROLLED FULL TIME IN...
EDUCATIONAL ASSISTANCE: THE GENERAL H. H. ARNOLD EDUCATION GRANT PROGRAM PROVIDES NEEDS-BASED GRANTS TO SONS, DAUGHTERS, AND SPOUSES OF THE AIR AND SPACE FORCE MEMBERS WHO ARE ENROLLED FULL TIME IN UNDERGRADUATE PROGRAMS. THE AMOUNT OF THE GRANT A STUDENT RECEIVES IS BASED ON THE FINANCIAL NEED OF THE FAMILY AND RANGES FROM $500 TO $4,000.IN ADDITION TO NEEDS-BASED GRANTS, THE SOCIETY ALSO PROVIDES $2,500 AND $5,000 MERIT-BASED SCHOLARSHIPS TO THE TOP INCOMING COLLEGE AND UNIVERSITY FRESHMEN STUDENTS. THE SELECTION PROCESS INVOLVES THE EVALUATION OF CUMULATIVE GPA, HIGH SCHOOL TRANSCRIPTS, AND A WRITTEN ESSAY ON A SPECIFIC TOPIC DESIGNATED BY THE SOCIETY.
COMMUNITY ENHANCEMENT: THIS PROGRAM INCLUDES INDIVIDUAL PROGRAMS IN FOUR MAIN AREAS: CHILDCARE, PARENTING, READINESS (CAR SAFETY CHECKS), AND SPOUSE/YOUTH (EDUCATION/ORIENTATION/JOB SKILLS). THESE...
COMMUNITY ENHANCEMENT: THIS PROGRAM INCLUDES INDIVIDUAL PROGRAMS IN FOUR MAIN AREAS: CHILDCARE, PARENTING, READINESS (CAR SAFETY CHECKS), AND SPOUSE/YOUTH (EDUCATION/ORIENTATION/JOB SKILLS). THESE PROGRAMS ARE DESIGNED TO IMPROVE QUALITY OF LIFE AND MEET CURRENT AND EMERGING NEEDS OF AIR FORCE MEMBERS DURING ALL STAGES OF THEIR CAREER/LIFE. CHILDCARE BECAME A HUGE CONCERN FOR MEMBERS AND THEIR FAMILIES AS THE COVID-19 PANDEMIC CONTINUED TO CAUSE A SHORTAGE IN CHILDCARE AT AIR FORCE INSTALLATIONS. THE SOCIETY WAS ABLE TO PROVIDE UP TO $1,500 IN REIMBURSABLE EXPENSES PER MEMBER FOR CHILDCARE TOTALING $1 MILLION IN SUPPORT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,552,069 | $5,323,308 | +0.2% |
| Expenses | $12,923,766 | $13,275,816 | 0.0% |
| Net Income | $-6,371,697 | $-7,952,508 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES C REAGAN | PRESIDENT AND TRUSTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN K BARCHICK | VICE PRESIDENT AND TRUSTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOANNE S BASS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RAHN BASS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MG MARK A BROWN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELI A COHEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CMSGT DANNY R DOUCETTE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MG MICHAEL A GREINER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HON ROBERT F HALE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR WILLIAM W JENNINGS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK KENDALL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEN MAILENDER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LTG ROBERT MILLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LTG CAROLINE MILLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LTG CHARLES PLUMMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERYL ROBERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEN B CHANCE SALTZMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER SALTZMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CMSSF JOHN BENTIVEGNA | TRUSTEE (AS OF 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHY BENTIVEGNA | TRUSTEE (AS OF 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| GEN DAVID W ALLVIN | TRUSTEE (AS OF 11/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| GINA ALLVIN | TRUSTEE (AS OF 11/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| CMSGT DENNIS L FRITZ | TRUSTEE (UNTIL 6/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| GEN CHARLES Q BROWN | TRUSTEE (UNTIL 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARENE BROWN | TRUSTEE (UNTIL 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL RUSH | TRUSTEE (UNTIL 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| CMSGT ROGER A TOWBERMAN | TRUSTEE (UNTIL 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| CMSAF KALETH O WRIGHT | CEO (UNTIL 9/2023) | 40.00 |
Officer
|
$239,190 | $20,412 | $259,602 |
| JESSICA BURRIS | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$237,423 | $29,549 | $266,972 |
| NYVIA N AYALA | CHIEF HR OFFICER | 40.00 |
Officer
|
$166,250 | $16,734 | $182,984 |
| ROBERT YORK | CMAO (UNTIL 8/2023) | 40.00 |
Officer
|
$114,267 | $10,301 | $124,568 |
| KRISTINA L MCBRIDE | COO | 40.00 |
Officer
|
$206,198 | $20,190 | $226,388 |
| JOHN A FARRELL III | COO (UNTIL 8/2023) | 40.00 |
Officer
|
$202,303 | $22,152 | $224,455 |
| DIANA FAZYLOVA | CONTROLLER | 40.00 |
Key Emp
|
$162,825 | $19,665 | $182,490 |
| LISA M DONALD | LOAN MGMT SUPERVISOR | 40.00 |
Highest
|
$141,379 | $17,838 | $159,217 |
| BEATRIZ SWANN | OPERATIONS DIRECTOR | 40.00 |
Highest
|
$142,235 | $18,138 | $160,373 |
| SARAH K MCNULTY | EDUCATION PROGRAMS MANAGER | 40.00 |
Highest
|
$106,728 | $10,556 | $117,284 |
| NAKEECHA L PUMPHREY | EXECUTIVE ASSISTANT | 40.00 |
Highest
|
$100,839 | $9,922 | $110,761 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,552,069 | $12,923,766 | $235,435,094 | $-6,371,697 |
| 2022 | $5,323,308 | $13,275,816 | $223,375,732 | $-7,952,508 |
| 2021 | $46,086,376 | $15,058,227 | $262,482,165 | $31,028,149 |
| 2020 | $18,744,808 | $13,765,732 | $230,482,573 | $4,979,076 |
| 2019 | $14,948,497 | $12,230,153 | $211,701,097 | $2,718,344 |
| 2018 | $17,876,342 | $20,929,618 | $189,049,978 | $-3,053,276 |
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