VINTAGE WINGS

EIN: 824364039 501(c)(3)

BLUFFTON, SC

Total Revenue
$33,654
Total Expenses
$46,776
Total Assets
$525,949
Net Assets
$502,909
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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
2018
Legal Domicile
SC
Tax Period
2020-01-01 to 2020-12-31

VINTAGE WINGS, founded in 2018, is a micro nonprofit that reported $34K in total revenue in fiscal year 2020. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 39% operating deficit.

Mission

AVIATION MUSEUM DEDICATED TO THE RESTORATION, PRESERVATION AND PUBLIC EDUCATION CONCERNING ANTIQUE AND VINTAGE AIRCRAFTS

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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 (2020)

Revenue Breakdown

Contributions & Grants $33,654
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,839
Fundraising Expenses $7,215
Program Expenses $25,034
Other Expenses $27,937
TOTAL EXPENSES $46,776

Year-over-Year Comparison

2020 2019 Change
Revenue $33,654 $479,092 -0.9%
Expenses $46,776 $62,378 -0.3%
Net Income $-13,122 $416,714 -1.0%
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
6
Independent Members
6
Employees
1
Volunteers
N/A

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
3
$17,500
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC DRUGGE PRESIDENT 25.00
Officer
$17,500 $0 $17,500
DON BENNETT BOARD MEMBER 10.00
Director
$0 $0 $0
FRANK RIDDICK BOARD MEMBER 0.50
Director
$0 $0 $0
STEVE KOEGLER BOARD MEMBER 0.50
Director
$0 $0 $0
WILLIAM GLAVIN TREASURER 5.00
Officer
$0 $0 $0
ROBERT KUZLOSKI SECRETARY 15.00
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
2020 $33,654 $46,776 $525,949 $-13,122
2019 $479,092 $62,378 $553,860 $416,714
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