CUBAN PILOTS ASSOCIATION INC

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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

1990

Legal Domicile

Principal Officer

AMADO CANTILLO

Phone

7862007816

Tax Period

2024-01-01 to 2024-12-31

CUBAN PILOTS ASSOCIATION INC, founded in 1990, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $45K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 18% operating margin.

Mission

AIR MUSEUM OF B-26 AIRCRAFT REPLICA AS THE ONES PARTICIPATING IN THE CIA SPONSORED ILL-FATED BAY OF PIGS INVASION OF APRIL 17, 1961 WITH THE PRUPOSE OF RESTORING DEMOCRACY TO THE REPUBLIC OF CUBA.

Program Service Accomplishments

Program 1

Expenses: $29,690

ASSOCIATION COMPRISED OF AIR FORCE PERSONNEL THAT PARTICIPATED IN THE CIA SPONSORED ILL-FATED BAY OF PIGS INVASION ON APRIL 17, 1961. THE USAF DONATED A B-26 SIMILAR TO THE ONES FLOWN DURING THE BAY OF PIGS INVASION TO THE ASSOCIATION AND IT HAS BECOME OUR MUSEUM. THE B-26 IS KEPT AT A MIAMI-DADE COUNTY AIRPORT. WHERE A MONUMENT IS PRESENTLY UNDER CONSTRUCTION FOR THE GENERAL PUBLIC TO VIEW IT ON A PERMANENT EXHIBITION.

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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 $45,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,711

Program Expenses $29,690

Other Expenses $37,114

TOTAL EXPENSES $37,114

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,000	$83,334	-0.5%
Expenses	$37,114	$79,370	-0.5%
Net Income	$7,886	$3,964	+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

N/A

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
AMADO CANTILLO	PRESIDENT	015.00	Officer 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	No data	No data	No data	No data
2024	$45,000	$37,114	$237,123	$7,886
2023	$83,334	$79,370	$229,237	$3,964
2022	$13,850	$15,803	$225,273	$-1,953
2021	$23,948	$15,211	$227,226	$8,737