Fort Worth Airpower Foundation

EIN: 752828493 501(c)(3) Public & Societal Benefit

Fort Worth, TX

Total Revenue
$451,067
Total Expenses
$242,522
Total Assets
$562,590
Net Assets
$529,837
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
TX
Principal Officer
Wanda cox
Phone
8173127774
Tax Period
2024-09-01 to 2025-08-31

Fort Worth Airpower Foundation, founded in 1999, is a small nonprofit in the Public & Societal Benefit sector that reported $451K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 46% operating margin.

Mission

Raising funds to assist in welfare and morale at the Naval Airstation/Joint Reserve base in Fort Worth, Texas Other US Military units and Veterans organizations

Program Service Accomplishments

Program 1
Expenses: $207,885

Money was provided to other tax exempt organizations as well as military units in support of the military and the veterans throughout the year. This included financially assisting with programs...

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Money was provided to other tax exempt organizations as well as military units in support of the military and the veterans throughout the year. This included financially assisting with programs related to honoring such men and women. A schedule tor grrants for ther current year is noted on Scheudle I of this form.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $656,339
Program Service Revenue $0
Investment Income $3,369
Other Revenue $-208,641
TOTAL REVENUE $451,067

Expense Breakdown

Grants Paid $97,254
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $207,885
Other Expenses $145,268
TOTAL EXPENSES $242,522

Year-over-Year Comparison

2024 2023 Change
Revenue $451,067 $261,328 +0.7%
Expenses $242,522 $267,754 -0.1%
Net Income $208,545 $-6,426 -33.5%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sid Eppes Board Member 005.00
Director
$0 $0 $0
Jim Darwin Board Member 005.00
Director
$0 $0 $0
Wanda Cox Chairman 020.00
Officer Director
$0 $0 $0
Gene De Bullet Jr Board Member 005.00
Director
$0 $0 $0
Don Shelton Board Member 005.00
Director
$0 $0 $0
Jim Thomason Treasurer 020.00
Officer Director
$0 $0 $0
Keith Mundee Board Member 005.00
Director
$0 $0 $0
Tracy Thomas Board Member 005.00
Director
$0 $0 $0
Brad Privitt Secretary 020.00
Officer Director
$0 $0 $0
Roman Palomares Board Member 005.00
Director
$0 $0 $0
Charlie Cripliver Vice Chair 020.00
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 $451,067 $242,522 $562,590 $208,545
2024 $261,328 $267,754 $367,741 $-6,426
2023 $247,302 $415,658 $385,206 $-168,356
2022 $139,906 $241,159 $552,467 $-101,253
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