CHALLENGE AIR FOR KIDS AND FRIENDS INC (EIN 752559486) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

APRIL CULVER

Phone

2143513353

Tax Period

2024-01-01 to 2024-12-31

CHALLENGE AIR FOR KIDS AND FRIENDS INC, founded in 1993, is a small nonprofit in the Youth Development sector that reported $519K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

OFFERS LIFE-CHANGING EXPERIENCES TO PHYSICALLY CHALLENGED CHILDREN AND YOUTH THROUGH AVIATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $509,733

Program Service Revenue $0

Investment Income $9,131

Other Revenue $0

TOTAL REVENUE $518,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,607

Fundraising Expenses $59,739

Program Expenses $327,931

Other Expenses $354,479

TOTAL EXPENSES $527,086

Year-over-Year Comparison

	2024	2023	Change
Revenue	$518,864	$597,447	-0.1%
Expenses	$527,086	$537,269	0.0%
Net Income	$-8,222	$60,178	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

530

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

$109,303

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS LONBORG	TRUSTEE	2.00	Director	$0	$0	$0
RAUL RUIZ	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH MONTAG	SECRETARY/TREASURER	25.00	Officer Director	$0	$0	$0
DELANE SCHIEFERSTEIN JR	PRESIDENT	6.00	Officer Director	$0	$0	$0
JOHN SESSIONS	TRUSTEE	2.00	Director	$0	$0	$0
DAVE WHEELER	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL WILONSKY	TRUSTEE	2.00	Director	$0	$0	$0
DAVID VAUGHAN	TRUSTEE, EMERITUS	1.00	Director	$0	$0	$0
JEFF SHAFFNER	TRUSTEE, EMERITUS	1.00	Director	$0	$0	$0
DENNIS LAUTERBACK	TRUSTEE	2.00	Director	$0	$0	$0
LARRY ROBICHEAUX	TRUSTEE	2.00	Director	$0	$0	$0
CAROL CORNS	TRUSTEE	2.00	Director	$0	$0	$0
APRIL CULVER	CEO	40.00	Officer	$109,303	$0	$109,303

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	$518,864	$527,086	$147,269	$-8,222
2023	$597,447	$537,269	$169,864	$60,178
2022	$395,077	$463,934	$97,097	$-68,857
2021	$298,697	$354,449	$157,911	$-55,752

CHALLENGE AIR FOR KIDS AND FRIENDS INC