FRIENDS OF ARMY AVIATION - OZARK

EIN: 800491372 501(c)(3) Public & Societal Benefit

OZARK, AL

Total Revenue
$587,732
Total Expenses
$577,783
Total Assets
$2,359,043
Net Assets
$2,035,616
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
AL
Principal Officer
JOHN HOLLADAY
Phone
7853072623
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF ARMY AVIATION - OZARK, founded in 2009, is a small nonprofit in the Public & Societal Benefit sector that reported $352K in total revenue in fiscal year 2018. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 17% operating margin.

Mission

TO PROVIDE THE AMERICAN PUBLIC AN OPPORTUNITY TO EXPERIENCE THE RICH HERITAGE OF ARMY AVIATION BY HAVING AN OPPORTUNITY TO PARTICIPATE IN AERIAL FLIGHT IN THOSE LEGACY ARMY AIRCRAFT THAT SERVED IN COMBAT FLOWN BY ARMY CREWS. TO EDUCATE THOSE WHO ARE UNAWARE OF THE IMPORTANCE OF ARMY AVIATION AND THE ROLE IT PLAYED IN ARMED CONFLICTS AND PROVIDING THE TROOPS WITH THE SUPPORT NEEDED TO ACHIEVE THEIR MISSION AND TO ENSURE THEIR SURVIVAL ON THE BATTLE FIELD.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,691
Program Service Revenue $459,935
Investment Income $12,531
Other Revenue $22,575
TOTAL REVENUE $587,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $521,251
Other Expenses $577,783
TOTAL EXPENSES $577,783

Year-over-Year Comparison

2024 2023 Change
Revenue $587,732 $1,087,052 -0.5%
Expenses $577,783 $594,847 0.0%
Net Income $9,949 $492,205 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER CARLILE BOARD MEMBER 6.00
Director
$0 $0 $0
CLYDE A HENNIES BOARD CHAIRM 3.50
Officer Director
$0 $0 $0
JOHN HOLLADAY PRESIDENT 30.00
Officer Director
$0 $0 $0
ARTHUR MORRIS III BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN KLOSKY BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC S PULS BOARD MEMBER 6.00
Director
$0 $0 $0
GEORGE SCHMITZ BOARD MEMBER 2.00
Director
$0 $0 $0
MONICA WHALEN TREASURER 15.00
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
2024 $587,732 $577,783 $2,359,043 $9,949
2023 $1,087,052 $594,847 $2,255,610 $492,205
2022 $845,368 $575,862 $1,847,970 $269,506
2021 $980,747 $503,064 $1,319,515 $477,683
2020 $366,942 $252,145 $857,969 $114,797
2019 $807,756 $387,133 $759,516 $420,623
2018 $352,295 $292,612 $298,790 $59,683
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