SKYDIVE FOR VETERANS

🔒

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

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

RONALD WICKHAM

Phone

2033152717

Tax Period

2024-01-01 to 2024-12-31

SKYDIVE FOR VETERANS, founded in 2017, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $50K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $48K left a modest 4% surplus.

Mission

RAISE FUNDS FOR VETERANS, ALL OUR PROCEEDS GO TO HOUSE OF HEROES CT CHAPTER IN HAMDEN, CT AND WORK VESSELS FOR VETS LOCATED IN NOANK, CT.

Program Service Accomplishments

Program 1

Expenses: $47,976

PROCEEDS GO TO HOUSE OF HEROES CT CHAPTER IN HAMDEN, CT AND WORK VESSELS FOR VETS LOCATED IN NOANK, CONNECTICUT, AND OTHER VETERAN ORGANIZATIONS IN CONNECICUT

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,889

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $49,889

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,976

Other Expenses $12,976

TOTAL EXPENSES $47,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,889	$31,938	+0.6%
Expenses	$47,976	$29,351	+0.6%
Net Income	$1,913	$2,587	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD WICKHAM	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM RYAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE CRESCENZI	DIRECTOR	1.00	Director	$0	$0	$0
JAMES NORRIE	DIRECTOR	1.00	Director	$0	$0	$0
KYLE HELMSTETTER	DIRECTOR	1.00	Director	$0	$0	$0
MARIE FAGAN	DIRECTOR	1.00	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	$49,889	$47,976	$9,376	$1,913
2024	$49,889	$47,976	$9,376	$1,913
2023	$31,938	$29,351	$7,463	$2,587
2022	$27,577	$23,251	$4,876	$4,326
2021	$22,516	$22,486	$550	$30
2020	$2,147	$3,350	$520	$-1,203
2019	$25,031	$23,530	$1,723	$1,501