AIRBORNE AND SPECIAL OPERATIONS MU… - 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

1991

Legal Domicile

Principal Officer

RENEE LANE

Phone

9106432778

Tax Period

2024-10-01 to 2025-09-30

AIRBORNE AND SPECIAL OPERATIONS MUSEUM FOUNDATION, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $832K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Net assets of $8.5M represent 122 months of operating reserves.

Mission

THE AIRBORNE & SPECIAL OPERATIONS MUSEUM FOUNDATION WILL PROVIDE MARKETING AND ADVERTISING EFFORTS TO THE NON-MILTARY COMMUNITY IN SUPPORT OF THE ONGOING MISSION OF THE UNITED STATES ARMY'S AIRBORNE & SPECIAL OPERATIONS MUSEUM (ASOM). THE ASOM SERVES AS AN ADJUNCT TO THE LOCAL ACADEMIC AND CULTURE COMMUNITY AND PROVIDES MILITARY HISTORY OF THE AIRBORNE & SPECIAL OPERATIONS SOLDIERS, FROM 1940 TO THE PRESENT, TO ACTIVE DUTY SOLDIERS, VETERANS, THEIR FAMILIES AND THE PUBLIC AT LARGE. THE FOUNDATION WILL CONDUCT PRIVATE AND PUBLIC FUNDRAISING EFFORTS IN SUPPORT OF THIS MISSION, ONGOING ASOM PROGRAMS, AND FUTURE EXHIBIT SUPPORT.

Program Service Accomplishments

Program 1

Expenses: $344,789 Revenue: $132,627

THE FOUNDATION SUPPORTS THE UNITED STATES ARMY'S AIRBORNE & SPECIAL OPERATIONS MUSEUM BY PROVIDING MARKETING AND ADVERTISING EFFORTS AND CONDUCTING PRIVATE AND PUBLIC FUNDRAISING EFFORTS.

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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 $692,982

Program Service Revenue $0

Investment Income $14,894

Other Revenue $124,094

TOTAL REVENUE $831,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $304,837

Fundraising Expenses $363,376

Program Expenses $344,789

Other Expenses $592,660

TOTAL EXPENSES $897,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$831,970	$2,892,374	-0.7%
Expenses	$897,497	$645,989	+0.4%
Net Income	$-65,527	$2,246,385	-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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARROLL BEARD	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNNE GREENE	PRESIDENT	1.00	Officer Director	$0	$0	$0
RONNA GARRETT	BOARD MEMBER	1.00	Director	$0	$0	$0
JANENE AUL	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTER HOLT	BOARD MEMBER	1.00	Director	$0	$0	$0
HUTCH HUTCHENS	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS E NUNNALLY III	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL IVEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MAC HEALY	VP	1.00	Officer Director	$0	$0	$0
JAMES MARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
SHARON LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
WESLEY MEREDITH	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL DREWRY	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVEN MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE HIDALGO	BOARD MEMBER	1.00	Director	$0	$0	$0
DR TERRANCE SMITH	BOARD MEMBER	1.00	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	$831,970	$897,497	$8,830,290	$-65,527
2024	$2,892,374	$645,989	$8,742,187	$2,246,385
2023	$1,002,050	$697,547	$6,484,814	$304,503
2022	$4,115,720	$882,840	$6,216,538	$3,232,880
2021	$869,419	$664,995	$2,957,757	$204,424
2020	$763,214	$732,042	$2,717,744	$31,172
2019	$2,361,299	$853,552	$2,696,945	$1,507,747
2018	$807,547	$968,139	$1,585,313	$-160,592

AIRBORNE AND SPECIAL OPERATIONS MUSEUM FOUNDATION