AEROSPACE CENTER FOR EXCELLENCE INC (EIN 593679477) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JULIE EHNLE

Phone

8636442431

Tax Period

2024-10-01 to 2025-06-30

AEROSPACE CENTER FOR EXCELLENCE INC, founded in 2000, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Expenses of $2.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO ENGAGE, EDUCATE, AND ACCELERATE THE NEXT GENERATION OF AEROSPACE PROFESSIONALS.

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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 $2,077,214

Program Service Revenue $235,599

Investment Income $-221,172

Other Revenue $423,659

TOTAL REVENUE $2,515,300

Expense Breakdown

Grants Paid $301,533

Salaries & Benefits $1,384,167

Fundraising Expenses $17,596

Program Expenses $2,644,402

Other Expenses $1,204,627

TOTAL EXPENSES $2,890,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,515,300	$2,451,353	+0.0%
Expenses	$2,890,327	$4,372,245	-0.3%
Net Income	$-375,027	$-1,920,892	-0.8%

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

Governance

Voting Members

Independent Members

Employees

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

$574,718

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICARDO GARCIA	CHAIRMAN	2.00	Officer Director	$0	$0	$0
HARLEY RICHARDS	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
JEFF KINCART	SECRETARY	1.00	Officer Director	$0	$0	$0
ELIZABETH TENNYSON	TREASURER	1.00	Officer Director	$0	$0	$0
SARA ROBERTS-MCCARLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE GREGOIRE	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK AHEARN	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC WASHBURN	DIRECTOR	1.00	Director	$0	$0	$0
ROLAND BETKER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE CONRAD	PRESIDENT & CEO	35.00	Officer	$240,185	$22,849	$263,034
ERIC CRUMP	VICE-PRESIDENT & COO	35.00	Officer	$119,824	$0	$119,824
JULIE EHNLE	CFO	35.00	Officer	$52,745	$13,706	$66,451
DENNIS DUNBAR	EXECUTIVE DIRECTOR	35.00	Officer	$125,409	$0	$125,409
JANE WINTER	VICE PRESIDENT STRATEGIC PARTNERSHIPS	35.00	Highest	$128,146	$0	$128,146

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	$2,515,300	$2,890,327	$10,761,279	$-375,027
2024	$2,451,353	$4,372,245	$13,877,806	$-1,920,892
2023	$1,543,643	$4,255,367	$21,929,163	$-2,711,724
2022	$2,115,530	$3,131,838	$19,556,496	$-1,016,308
2021	$4,085,587	$2,371,226	$18,367,989	$1,714,361
2020	$2,487,098	$2,539,099	$13,577,177	$-52,001
2019	$1,609,655	$1,577,054	$6,455,144	$32,601
2018	$1,901,086	$1,393,938	$5,803,370	$507,148

AEROSPACE CENTER FOR EXCELLENCE INC