Beechcraft Heritage Museum Inc (EIN 620909146) - 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

1973

Legal Domicile

Principal Officer

Charles Parish

Phone

9314551380

Tax Period

2023-01-01 to 2023-12-31

Beechcraft Heritage Museum Inc, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $542K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $610K exceeded revenue, resulting in a 13% operating deficit.

Mission

To acquire, preserve and protect Beechcraft aircraft and aircraft artifacts to educate the public and flying community about Beechcraft to motivate and inspire youth to be involved 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 $283,531

Program Service Revenue $0

Investment Income $35,000

Other Revenue $223,008

TOTAL REVENUE $541,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,222

Fundraising Expenses $6,508

Program Expenses $493,072

Other Expenses $393,319

TOTAL EXPENSES $609,541

Year-over-Year Comparison

	2023	2022	Change
Revenue	$541,539	$947,286	-0.4%
Expenses	$609,541	$621,616	0.0%
Net Income	$-68,002	$325,670	-1.2%

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

N/A

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

$184,500

Total Directors

$100,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Parish	President	40.00	Officer	$84,000	$0	$84,000
Jody Curtis	Executive VP	40.00	Officer Director	$62,000	$0	$62,000
Sherry Roepke	Secretary	40.00	Officer Director	$38,500	$0	$38,500
Mary Lou Apple	Trustee	0.00	Director	$0	$0	$0
Mike Greenblatt	Chairman	0.00	Officer Director	$0	$0	$0
Edward Phillips	Historian	0.00	Director	$0	$0	$0
John Parish Jr	Treasurer	0.00	Officer Director	$0	$0	$0
Charles Cianchette	Trustee	0.00	Director	$0	$0	$0
Karl Gobel	Trustee	0.00	Director	$0	$0	$0
John Parish Sr	Trustee	0.00	Director	$0	$0	$0
Jim Hawkes	Trustee	0.00	Director	$0	$0	$0
Ron Hyde	Trustee	0.00	Director	$0	$0	$0
Mark Morrison	Trustee	0.00	Director	$0	$0	$0
Mike Stanko	Trustee	0.00	Director	$0	$0	$0
Ronny Sudduth	Trustee	0.00	Director	$0	$0	$0
Thomas Thomas	Trustee	0.00	Director	$0	$0	$0
Peter Tracy	Trustee	0.00	Director	$0	$0	$0
Ron Vickrey	Trustee	0.00	Director	$0	$0	$0
Jack Braly	Trustee	0.00	Director	$0	$0	$0
Steve Dyer	Trustee	0.00	Director	$0	$0	$0
Gayle Gorman Green	Trustee	0.00	Director	$0	$0	$0
Dick Hansen	Trustee	0.00	Director	$0	$0	$0
Sara Hiern	Trustee	0.00	Director	$0	$0	$0
Bob Hoff	Trustee	0.00	Director	$0	$0	$0
Dennis Nikolaus	Trustee	0.00	Director	$0	$0	$0
Chris Olstad	Trustee	0.00	Director	$0	$0	$0
Robert Parish	Trustee	0.00	Director	$0	$0	$0
Rand Siegfried	Trustee	0.00	Director	$0	$0	$0
Scott White	Trustee	0.00	Director	$0	$0	$0
Larry Wixom	Trustee	0.00	Director	$0	$0	$0
Joe Wyatt	Trustee	0.00	Director	$0	$0	$0
Kirby Totty	Curator	0.00	Officer Director	$0	$0	$0
Ron Morrison	Trustee	0.00	Director	$0	$0	$0
Robert Siegfried	Trustee	0.00	Director	$0	$0	$0
Chris Jacobsen	Trustee	0.00	Director	$0	$0	$0
Gordy Germany	Trustee	0.00	Director	$0	$0	$0
Bob Parmerter	Historian	0.00	Officer	$0	$0	$0
Jeremy Bell	Attorney	0.00	Officer	$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	$541,539	$609,541	$15,512,210	$-68,002
2022	$947,286	$621,616	$14,471,659	$325,670
2021	$1,019,160	$589,921	$15,836,341	$429,239
2020	$882,768	$465,293	$14,278,000	$417,475
2019	$2,378,528	$491,937	$14,042,305	$1,886,591
2018	$531,569	$480,991	$11,541,741	$50,578

Beechcraft Heritage Museum Inc