EXPERIMENTAL AIRCRAFT ASSOCIATION C (EIN 752704367) - 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

1992

Legal Domicile

Principal Officer

DICK KEYT

Tax Period

2019-01-01 to 2019-12-31

EXPERIMENTAL AIRCRAFT ASSOCIATION C, founded in 1992, is a micro nonprofit that reported $23K in total revenue in fiscal year 2019. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 39% operating deficit.

Mission

EAA 983 MISSION IS TO PROMOTE AVIATION THRU CUMMUNITY ACTIVITIES TO EDUCATE AND TRAIN MEMBERS AND THE PUBLIC ON AVIATION SAFTY

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,586

Program Service Revenue $16,441

Investment Income $0

Other Revenue $844

TOTAL REVENUE $22,871

Expense Breakdown

Grants Paid $11,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,072

Other Expenses $20,412

TOTAL EXPENSES $31,812

Year-over-Year Comparison

	2019	2018	Change
Revenue	$22,871	$110,632	-0.8%
Expenses	$31,812	$89,033	-0.6%
Net Income	$-8,941	$21,599	-1.4%

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

154

Independent Members

154

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
DOUG CRUMRINE	DIRECTOR	1.00	Director	$0	$0	$0
BILL ESLICK	DIRECTOR	1.00	Director	$0	$0	$0
TOM THIBAULT	DIRECTOR	1.00	Director	$0	$0	$0
TOM WOODWARD	DIRECTOR	1.00	Director	$0	$0	$0
ED ASKINS	TREASURER	1.00	Officer	$0	$0	$0
KLIFF BLACK	SECRETARY	1.00	Officer	$0	$0	$0
DAVE SMITH	VICE PRESIDE	1.00	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
2019	$22,871	$31,812	$130,558	$-8,941
2018	$110,632	$89,033	$133,671	$21,599

EXPERIMENTAL AIRCRAFT ASSOCIATION C