Springfield, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAA FLYING CLUB INC, founded in 1963, is a small nonprofit that reported $214K in total revenue in fiscal year 2024. Expenses of $204K left a modest 5% surplus.
The FAA Flying Club is a Virginia non-stock not-for-profit corporation (herein the "Club") established to stimulate and encourage interest in aviation, to advance the knowledge of members in aviation and aviation-related subjects, to sustain and improve the proficiency of members in flying, to provide an opportunity for members to fly aircraft economically, to provide an environment which affords recreational and social advantages within the aviation community and to do all of the things necessary in the operation of the Club to accomplish its principal objectives.
Our club has grown to 45 members. We have continued to upgrade our equipment (three Piper aircraft) to enhance capability and safety. We conducted several benefit flights this last year to benefit...
Our club has grown to 45 members. We have continued to upgrade our equipment (three Piper aircraft) to enhance capability and safety. We conducted several benefit flights this last year to benefit public awareness of general aviation's role in the community such as our participation in "young eagle" flights (sponsored by the Experimental Aircraft Association) to spur the interest of our youth in pursuing aviation related careers and participated in airport open house events.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $214,349 | $224,622 | 0.0% |
| Expenses | $204,247 | $158,378 | +0.3% |
| Net Income | $10,102 | $66,244 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Douglas Yurovich | President | 0.5 |
Officer
|
$0 | $0 | $0 |
| Thomas Shalhoub | Treasurer / Chief Flight Instructor | 2.5 |
Officer
|
$0 | $0 | $0 |
| Daniel Botzer | Maintenance Officer | 1.5 |
Officer
|
$0 | $0 | $0 |
| John Lammers | Vice President | 0.5 |
Officer
|
$0 | $0 | $0 |
| Francisco Fuentes | Secretary | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $214,349 | $204,247 | $387,423 | $10,102 |
| 2024 | $224,622 | $158,378 | $424,241 | $66,244 |
Compare FAA FLYING CLUB INC with other nonprofits in Virginia and across the country.