Air Warrior Courage Foundation (EIN 770490412) - 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

1998

Legal Domicile

Principal Officer

Salvatore Angelella

Phone

9035663771

Tax Period

2024-07-01 to 2025-06-30

Air Warrior Courage Foundation, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $888K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $213K, a strong 24% operating margin.

Mission

WE PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO WOUNDED WARRIORS AT MILITARY MEDICAL CENTERS. WE PROVIDE THERAPEUTIC RIDING FOR DEVELOPMENTALLY DELAYED MILITARY DEPENDANTS. WE PROVIDE EMERGENCY FUNDS TO VETS, START IRC 529

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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 (2024)

Revenue Breakdown

Contributions & Grants $519,193

Program Service Revenue $0

Investment Income $264,847

Other Revenue $103,521

TOTAL REVENUE $887,561

Expense Breakdown

Grants Paid $420,837

Salaries & Benefits $165,918

Fundraising Expenses $9,567

Program Expenses $652,741

Other Expenses $87,637

TOTAL EXPENSES $674,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$887,561	$771,059	+0.2%
Expenses	$674,392	$766,219	-0.1%
Net Income	$213,169	$4,840	+43.0%

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

Independent Members

Employees

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

$157,000

Total Directors

$157,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM ANGELELLA	CHAIRMAN	4.00	Officer Director	$0	$0	$0
GEORGE HARRISON	PRESIDENT	10.00	Officer Director	$0	$0	$0
RICK ZEHER	VICE-PRESIDENT	6.00	Officer Director	$0	$0	$0
DAVID BROG	EXECUTIVE DIRECTOR	40.00	Officer Director	$77,000	$0	$80,000
ERWIN SCHULTZE	DIRECTOR	40.00	Director	$0	$0	$0
JERRY KNOTTS	TREASURER	40.00	Officer Director	$77,000	$0	$77,000
WILLIAM REDMOND	DIRECTOR	4.00	Director	$0	$0	$0
CHUCK DEBELLEVUE	DIRECTOR	4.00	Director	$0	$0	$0
MIKE DUGAN	DIRECTOR	4.00	Director	$0	$0	$0
RICH LEONARD	DIRECTOR	4.00	Director	$0	$0	$0
DAVID KRUMM	DIRECTOR	4.00	Director	$0	$0	$0
MIKE MONIHAN	DIRECTOR	4.00	Director	$0	$0	$0
MIKE SLONIKER	DIRECTOR	4.00	Director	$0	$0	$0
CRAIG WILLS	DIRECTOR	4.00	Director	$0	$0	$0
BRUCE WRIGHT	DIRECTOR	4.00	Director	$0	$0	$0
BILL SCHWERTFEGER	DIRECTOR	4.00	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
2025	$887,561	$674,392	$6,208,799	$213,169
2024	$771,059	$766,219	$5,687,132	$4,840
2023	$768,495	$842,395	$5,322,288	$-73,900
2022	$821,131	$591,204	$5,184,089	$229,927
2021	$847,985	$599,568	$5,832,347	$248,417
2020	$862,996	$629,689	$4,676,435	$233,307
2019	$839,856	$966,297	$4,644,957	$-126,441
2018	$1,395,664	$1,003,471	$4,777,697	$392,193

Air Warrior Courage Foundation