THE TBMOPA FOUNDATION INC (EIN 800220473) - 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

2008

Legal Domicile

Principal Officer

TOM MCGRATH

Phone

4049935757

Tax Period

2023-01-01 to 2023-12-31

THE TBMOPA FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $274K left a modest 13% surplus.

Mission

THE CORPORATION IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC AND/OR LITERARY PURPOSES, INCLUDING WITHOUT LIMITATION, THE EDUCATION OF INDIVIDUALS IN AVIATION SKILLS TO PROMOTE THE ADOPTION OF AVIATION AS A CAREER OR VOCATION BY FUTURE GENERATIONS OF AVIATORS AND GROUND STAFF AS WELL AS SUPPORTING THE DEVELOPMENT OF TRAINING SPECIFICALLY DESIGNED TO ENHANCE SAFETY IN THE OPERATION OF DAHER-SOCATA AIRCRAFT.

🔒

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 $163,742

Program Service Revenue $67,463

Investment Income $23,344

Other Revenue $61,591

TOTAL REVENUE $316,140

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260,624

Other Expenses $234,429

TOTAL EXPENSES $274,429

Year-over-Year Comparison

	2023	2022	Change
Revenue	$316,140	$244,513	+0.3%
Expenses	$274,429	$357,134	-0.2%
Net Income	$41,711	$-112,621	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK HASKIL	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD JANZEN	DIRECTOR	1.00	Director	$0	$0	$0
TOM MCGRATH	CHAIRMAN	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	$316,140	$274,429	$525,811	$41,711
2022	$244,513	$357,134	$475,571	$-112,621
2021	$239,533	$130,400	$588,192	$109,133
2020	$113,231	$85,225	$479,059	$28,006
2019	$253,648	$163,730	$451,053	$89,918
2018	$21,117	$160,915	$361,135	$-139,798

THE TBMOPA FOUNDATION INC