FRANCONIA, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRANCONIA SOARING FOUNDATION INC, founded in 2016, is a small nonprofit in the Youth Development sector that reported $563K in total revenue in fiscal year 2023. Revenue surged 348% from the prior year, signaling strong growth momentum. The organization ran a surplus of $522K, a strong 93% operating margin.
TO PROVIDE EDUCATIONAL PROGRAMS AND TRAINING MATERIALS RELATED TO THE SCIENCE AND ART OF MOTORLESS FLIGHT. PROVIDE FLYING EQUIPMENT AND FACILITIES TO ASSIST IN THE PROMOTION AND EDUCATION OF STUDENTS, PILOTS, YOUTH ORGANIZATIONS AND THE GENERAL PUBLIC RELATED TO MOTORLESS FLIGHT AND PUBLIC SAFETY. TO ENCOURAGE, PROMOTE AND PROVIDE FOR THE TRAINING OF KNOWLEDGE, SKILLS AND PRACTICES OF MOTORLESS FLIGHT. TO STUDY AND RESEARCH THE SCIENTIFIC TECHNIQUES OF SOARING IN THE METEOROLOGICAL CONDITION IN THE LOCAL AREA OF THE ORGANIZATION AND TO MAKE THESE FINDINGS AVAILABLE TO THE PUBLIC. TO PROVIDE ENHANCED OPPORTUNITIES FOR MOTORLESS FLIGHT BY FACILITATING OEPRATIONS IN CLOSE PROXIMITY TO THE UNIQUELY FAVORABLE SOARING CONDITIONS IN FRANCONIA, NEW HAMPSHIRE. TO PRESERVE THE FRANCONIA AIRPORT FOR FUTURE GENERATIONS OF AVIATION AND RECREATIONAL USE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $562,962 | $125,755 | +3.5% |
| Expenses | $40,519 | $31,150 | +0.3% |
| Net Income | $522,443 | $94,605 | +4.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES DAVID | AIRPORT MANA | 5.00 |
Director
|
$0 | $0 | $0 |
| PETER EICHE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS GANSE | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH KWASNIK | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| LEE LAREAU | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM PAULEY | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN RIFF | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER STAUBLE | CHIEF INSTRU | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL TEWES | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $562,962 | $40,519 | $1,079,398 | $522,443 |
Compare FRANCONIA SOARING FOUNDATION INC with other nonprofits in New Hampshire and across the country.