BFC Flyers Inc Bakersfield Flying Club

EIN: 800907621

Bakersfield, CA

Total Revenue
$419,852
Total Expenses
$407,393
Total Assets
$103,665
Net Assets
$79,246
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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
2013
Legal Domicile
CA
Phone
6616196943
Tax Period
2024-01-01 to 2024-12-31

BFC Flyers Inc Bakersfield Flying Club, founded in 2013, is a small nonprofit that reported $420K in total revenue in fiscal year 2024.

Mission

The BFC has trained over 30 pilots over the past year, has conducted special seminars and training events, and hosted major social functions. Three airplanes have flown over 1200 total hours, accident free.

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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 $30,870
Program Service Revenue $373,762
Investment Income $0
Other Revenue $15,220
TOTAL REVENUE $419,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $407,393
Other Expenses $407,393
TOTAL EXPENSES $407,393

Year-over-Year Comparison

2024 2023 Change
Revenue $419,852 $407,219 +0.0%
Expenses $407,393 $415,987 0.0%
Net Income $12,459 $-8,768 -2.4%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fred Webster CFO 0.00
Officer
$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 $419,852 $407,393 $103,665 $12,459
2023 $407,219 $415,987 $91,528 $-8,768
2022 $251,057 $243,424 $85,262 $7,633
2021 $266,703 $252,150 $80,606 $14,553
2020 $308,319 $318,813 $88,543 $-10,494
2019 $325,986 $311,165 $75,845 $14,821
2018 $246,845 $240,671 $64,342 $6,174
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