Tango Flight Inc (EIN 820652617) - 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

2016

Legal Domicile

Principal Officer

Daniel Weyant

Phone

5128090964

Tax Period

2024-01-01 to 2024-12-31

Tango Flight Inc, founded in 2016, is a small nonprofit in the Education sector that reported $596K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $570K left a modest 4% surplus.

Mission

Tango Flight, Inc. is an educational non-profit company created to inspire the next generation of engineers, pilots, aviation mechanics, and technicians.

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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 $148,728

Program Service Revenue $349,194

Investment Income $0

Other Revenue $97,840

TOTAL REVENUE $595,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,761

Fundraising Expenses $0

Program Expenses $457,862

Other Expenses $210,287

TOTAL EXPENSES $570,048

Year-over-Year Comparison

	2024	2023	Change
Revenue	$595,762	$648,053	-0.1%
Expenses	$570,048	$571,988	0.0%
Net Income	$25,714	$76,065	-0.7%

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

N/A

Employees

Volunteers

304

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

$141,060

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marlin C Anthonty	Chairman	40.00	Director	$141,060	$0	$141,060
Robert Hough	Board Member	5.00	Director	$0	$0	$0
Jeff Taylor	Treasurer	5.00	Director	$0	$0	$0
Aaron Hollander	Secretary	5.00	Director	$0	$0	$0
TL Daniel L Weyant	Executive Director	40.00	Highest	$176,332	$0	$176,332

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	$595,762	$570,048	$2,697,582	$25,714
2023	$648,053	$571,988	$2,266,835	$76,065
2022	$912,229	$799,162	$1,652,252	$113,067
2021	$206,355	$259,465	$1,106,064	$-53,110
2020	$365,517	$221,862	$794,565	$143,655
2019	$385,059	$124,007	$654,162	$261,052
2018	$213,538	$16,537	$361,274	$197,001

Tango Flight Inc