GREATER MIAMI AVIATION ASSOCIATION

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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

1985

Legal Domicile

Principal Officer

ANITA AEDO

Phone

3054006789

Tax Period

2023-01-01 to 2023-12-31

GREATER MIAMI AVIATION ASSOCIATION, founded in 1985, is a small nonprofit that reported $185K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $106K, a strong 58% operating margin.

Mission

1.TO PROMOTE THE ADVANCEMENT, ENCOURAGEMENT, AND SUPPORT OF AVIATION IN SOUTH FLORIDA.

Program Service Accomplishments

Program 1

Expenses: $78,480 Revenue: $19,410

SUPPORT AND INCREASE THE POOL OF QUALIFIED SOUTH FLORIDA COLLEGE GRADUATES WHO ARE PURSUING CAREERS IN AVIATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $31,435

Program Service Revenue $19,410

Investment Income $0

Other Revenue $134,098

TOTAL REVENUE $184,943

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,480

Other Expenses $76,980

TOTAL EXPENSES $78,480

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,943	$163,127	+0.1%
Expenses	$78,480	$67,767	+0.2%
Net Income	$106,463	$95,360	+0.1%

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

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
AVIV TZUR	PRESIDENT	1.00	Officer Director	$0	$0	$0
NELSON GONZALEZ	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CARLA PINTO	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
EDUARDO LUY WAYMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
VENA SYMONETTE	SECRETARY	1.00	Officer Director	$0	$0	$0
KLEMEN FERJAN	TREASURER	1.00	Officer Director	$0	$0	$0
KONRAD WALTER	SCHOLARSHIP	1.00	Director	$0	$0	$0
ANITA AEDO	DIRECTOR	1.00	Director	$0	$0	$0
BASIL A BINNS II	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CODDINGTON	DIRECTOR	1.00	Director	$0	$0	$0
SILVIA GUTIERREZ	DIRECTOR	1.00	Director	$0	$0	$0
MADELINE MESA	DIRECTOR	1.00	Director	$0	$0	$0
CAM MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA LONGO	DIRECTOR	1.00	Director	$0	$0	$0
VERONIKA NIKITINA	DIRECTOR	1.00	Director	$0	$0	$0
STEW PULLEY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICE ROBINET	DIRECTOR	1.00	Director	$0	$0	$0
WILLARD SHEPARD	DIRECTOR	1.00	Director	$0	$0	$0
VICKY SOKOLOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
MARC HENDERSON	HONORARY DIR	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	No data	No data	No data	No data
2023	$184,943	$78,480	$298,580	$106,463
2022	$163,127	$67,767	$190,016	$95,360
2021	$143,599	$66,527	$93,900	$77,072
2020	$51,572	$52,550	$19,056	$-978
2019	$133,070	$81,791	$37,297	$51,279