NATIONAL MUSEUM OF THE MIGHTY EIGHTH AIR FORCE INC

EIN: 581877044 501(c)(3) Philanthropy & Grantmaking

SAVANNAH, GA

Total Revenue
$6,479,715
Total Expenses
$2,147,795
Total Assets
$9,548,051
Net Assets
$9,414,085
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
GA
Principal Officer
SCOTT LOEHR
Phone
9127488888
Tax Period
2024-01-01 to 2024-12-31

NATIONAL MUSEUM OF THE MIGHTY EIGHTH AIR FORCE INC, founded in 1992, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.5M in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 67% operating margin.

Mission

THE ORGANIZATION MAINTAINS AND OPERATES A MUSEUM IN POOLER,GA TO COMMEMORATE THE UNITED STATES 8TH AIR FORCE AND ITS HISTORY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,179,566
Program Service Revenue $448,702
Investment Income $94,636
Other Revenue $756,811
TOTAL REVENUE $6,479,715

Expense Breakdown

Grants Paid $0
Salaries & Benefits $958,610
Fundraising Expenses $97,600
Program Expenses $1,872,824
Other Expenses $1,189,185
TOTAL EXPENSES $2,147,795

Year-over-Year Comparison

2024 2023 Change
Revenue $6,479,715 $3,138,494 +1.1%
Expenses $2,147,795 $2,229,873 0.0%
Net Income $4,331,920 $908,621 +3.8%
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

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Governance

Voting Members
23
Independent Members
23
Employees
49
Volunteers
85

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
4
$156,991
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELTON D BROOKS JR BOARD CHAIR 4.00
Officer Director
$0 $0 $0
DAN DEGOOD TREASURER 4.00
Officer Director
$0 $0 $0
EDWARD HAWIE SECRETARY 2.00
Officer Director
$0 $0 $0
BRENT BRACEWELL ASSISTANT SE 1.00
Director
$0 $0 $0
TODD MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT LOEHR PRESIDENT AN 40.00
Officer
$156,991 $0 $156,991
AMELIA SEARCY HARPER BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH G LINDSAY BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERT PELA BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH M HENSLEE JR BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD ALDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
J ROSS GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
HARRIET ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY FRIEDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM CATHCART BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES DAY BOARD MEMBER 1.00
Director
$0 $0 $0
TOM HUFF BOARD MEMBER 1.00
Director
$0 $0 $0
CHLOE MELAS BOARD MEMBER 1.00
Director
$0 $0 $0
RICK PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
LTC EG SHULER III BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN J O'NEIL III BOARD MEMBER 1.00
Director
$0 $0 $0
PARK BRADY BOARD MEMBER 1.00
Director
$0 $0 $0
JAN DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT A VANDER HAMM 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
2024 $6,479,715 $2,147,795 $9,548,051 $4,331,920
2023 $3,138,494 $2,229,873 $5,207,392 $908,621
2022 $1,774,763 $1,715,443 $4,286,090 $59,320
2022 $1,774,763 $1,715,443 $4,286,090 $59,320
2021 $3,499,658 $1,507,341 $4,217,918 $1,992,317
2020 $1,442,790 $1,552,337 $2,242,396 $-109,547
2019 $1,872,742 $2,075,287 $2,335,421 $-202,545
2019 $1,905,251 $2,107,796 $2,335,421 $-202,545
2018 $1,925,030 $1,975,886 $2,527,299 $-50,856
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