HAMMOND AIR SHOW FOUNDATION INC

EIN: 820872171 501(c)(3) Community Improvement

HAMMOND, LA

Total Revenue
$90,565
Total Expenses
$142,704
Total Assets
$377,193
Net Assets
$377,193
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
LA
Principal Officer
CAROLYN HOWARD
Phone
9852697044
Tax Period
2024-01-01 to 2024-12-31

HAMMOND AIR SHOW FOUNDATION INC, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $91K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $143K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO PROMOTE THE USE AND GROWTH OF THE HAMMOND NORTHSHORE REGIONAL AIRPORT, TO ENCOURAGE MORE PARTICIPATION IN THE FIELD OF AVIATION, AND TO ENHANCE THE QUALITY OF LIFE IN HAMMOND AND THE SURROUNDING AREA BY PROVIDING AN AIR SHOW AND RELATED FUNCTIONS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,160
Program Service Revenue $41,350
Investment Income $8,993
Other Revenue $34,062
TOTAL REVENUE $90,565

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,445
Other Expenses $142,704
TOTAL EXPENSES $142,704

Year-over-Year Comparison

2024 2023 Change
Revenue $90,565 $1,017,982 -0.9%
Expenses $142,704 $813,721 -0.8%
Net Income $-52,139 $204,261 -1.3%
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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
200

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
6
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE THOMAS BOARD MEMBER N/A
Director
$0 $0 $0
CAROLYN HOWARD TREASURER N/A
Officer Director
$0 $0 $0
GUY RECOTTA PAST PRESIDE N/A
Officer Director
$0 $0 $0
PETE PANEPINTO VICE PRESIDE N/A
Officer Director
$0 $0 $0
WILLIAM WANRIGHT LOGISTICS N/A
Director
$0 $0 $0
PAUL CUTRER PERFORMANCE N/A
Director
$0 $0 $0
TONY MICHELLI AIRPORT DIRE N/A
Director
$0 $0 $0
JOEL CHAMPAGNE JR BOARD MEMBER N/A
Director
$0 $0 $0
CHIP ROCKER PRESIDENT N/A
Officer Director
$0 $0 $0
LAURIE JOHNSON SECRETARY N/A
Officer Director
$0 $0 $0
JASMIN WILD BOARD MEMBER N/A
Director
$0 $0 $0
KEVIIN MANUEL VICE PRESIDE N/A
Officer Director
$0 $0 $0
BEN BENNETT BOARD MEMBER N/A
Director
$0 $0 $0
GUS O'KREPKI BOARD MEMBER N/A
Director
$0 $0 $0
MORGAN SEALE BOARD MEMBER N/A
Director
$0 $0 $0
RODNEY RANDALL BOARD MEMBER N/A
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 $90,565 $142,704 $377,193 $-52,139
2023 $1,017,982 $813,721 $429,333 $204,261
2022 $31,018 $60,722 $255,001 $-29,704
2021 $380,203 $371,123 $284,705 $9,080
2020 $56,076 $47,596 $311,106 $8,480
2019 $280,642 $101,219 $302,626 $179,423
2018 $283,231 $283,620 $123,203 $-389
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAMMOND AIR SHOW FOUNDATION INC with other nonprofits in Louisiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.