SOUTHWEST AIRLINES PILOTS ASSOCIATION PILOT MUTUAL AID PLAN (EIN 756487482) - 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

1992

Legal Domicile

Phone

8009697972

Tax Period

2023-01-01 to 2023-12-31

SOUTHWEST AIRLINES PILOTS ASSOCIATION PILOT MUTUAL AID PLAN, founded in 1992, is a mid-sized nonprofit that reported $11.8M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE PURPOSE OF THE PLAN AND RELATED TRUST IS TO ESTABLISH AND MAINTAIN A FUND TO WHICH PILOTS CAN MAKE CONTRIBUTIONS THAT PROVIDE CASH PAYMENTS TO PILOTS WHO BECOME DISABLED AND SUFFER A LOSS OF INCOME THAT IS NOT REPLACED BY THE OTHER DISABILITY PROGRAMS IN WHICH THE PILOTS PARTICIPATE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $11,685,727

Program Service Revenue $0

Investment Income $131,126

Other Revenue $0

TOTAL REVENUE $11,816,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $236,394

Other Expenses $11,586,894

TOTAL EXPENSES $11,823,288

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,816,853	$10,248,288	+0.2%
Expenses	$11,823,288	$10,067,983	+0.2%
Net Income	$-6,435	$180,305	-1.0%

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

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

$675,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW REDDING	EXECUTIVE DIRECTOR	0.00	Officer	$0	$81,721	$390,445
BRIAN HICKMAN	DIRECTOR OF FINANCE	5.00	Officer	$0	$54,226	$284,597
CASEY MURRAY	PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL SANTORO	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
OMID TOM NEKOUEI	2ND VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
IVAR OLAV TAKLE	BOD - ATL - CHAIR	1.00	Director	$0	$0	$0
DANIEL MONG	BOD - ATL - VICE-CHAIR	1.00	Director	$0	$0	$0
DAREN BLACK	BOD - BWI - CHAIR	1.00	Director	$0	$0	$0
MIKE PISCITELLI	BOD - BWI - VICE-CHAIR	1.00	Director	$0	$0	$0
MATTHEW WRIGHT	BOD - DAL - CHAIR	1.00	Director	$0	$0	$0
CRAIG SCHMIDT	BOD - DAL - VICE-CHAIR	1.00	Director	$0	$0	$0
MARK POWERS	BOD - DEN - CHAIR	1.00	Director	$0	$0	$0
KEVIN HORNBURG	BOD - DEN - VICE-CHAIR	1.00	Director	$0	$0	$0
WILLIAM HATCHEL	BOD - HOU - CHAIR	1.00	Director	$0	$0	$0
MICHAEL INDE	BOD - HOU - VICE-CHAIR	1.00	Director	$0	$0	$0
MATTHEW AFFENITA	BOD - LAS - CHAIR	1.00	Director	$0	$0	$0
MICHAEL LIK	BOD - LAS - VICE-CHAIR	1.00	Director	$0	$0	$0
CHRISTOPHER HALL	BOD - LAX - CHAIR	1.00	Director	$0	$0	$0
MICHAEL CALLAGHAN	BOD - LAX - VICE-CHAIR	1.00	Director	$0	$0	$0
SCOTT THATCHER	BOD - MCO - CHAIR	1.00	Director	$0	$0	$0
JIM ARCHER	BOD - MCO - VICE-CHAIR	1.00	Director	$0	$0	$0
LAURIN TORIELLO	BOD - MDW - CHAIR	1.00	Director	$0	$0	$0
MICHAEL ANZALOTTI	BOD - MDW - VICE-CHAIR	1.00	Director	$0	$0	$0
DOUGLAS BOOHER	BOD - OAK - CHAIR	1.00	Director	$0	$0	$0
CHRISTOPHER DAVIS	BOD - OAK - VICE - CHAIR	1.00	Director	$0	$0	$0
KEVIN REECE	BOD - PHX - CHAIR	1.00	Director	$0	$0	$0
BRIAN MARIN	BOD - PHX - VICE-CHAIR	1.00	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
2024	No data	No data	No data	No data
2023	$11,816,853	$11,823,288	$3,658,498	$-6,435
2022	$10,248,288	$10,067,983	$3,440,939	$180,305
2021	$7,999,546	$7,797,638	$4,208,509	$201,908
2020	$7,041,262	$6,900,706	$3,035,474	$140,556
2019	$7,665,371	$7,541,619	$2,953,315	$123,752
2019	$7,665,371	$7,541,619	$2,953,315	$123,752
2018	$7,471,224	$7,608,175	$2,693,956	$-136,951

SOUTHWEST AIRLINES PILOTS ASSOCIATION PILOT MUTUAL AID PLAN