KC AIR SHOW CHARITIES INC (EIN 825365071) - 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

2018

Legal Domicile

Principal Officer

CORY MULLINS

Phone

8162177324

Tax Period

2022-01-01 to 2022-12-31

KC AIR SHOW CHARITIES INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 15% operating deficit.

Mission

THE SPONSORING OF PUBLIC AIRSHOWS UNDER REGULATIONS AS SET FORTH BY THE FEDERAL AVIATION ADMINISTRATION (FAA); TO RAISE FUNDS TO BE USED FOR THE EDUCATION AND ADVOCACY OF AVIATION AND AVIATION HISTORY; TO ENCOURAGE STUDY OF AVIATION; TO STUDY AND DISSEMINATE INFORMATION AND TECHNIQUES CONCERNING THE MANUFACTURE, REPAIR, OPERATION AND MAINTENANCE OF AIRCRAFT; AND, TO ENGAGE IN OTHER RELATED CHARITABLE AND EDUCATIONAL ACTIVITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $183,477

Program Service Revenue $915,109

Investment Income $1,829

Other Revenue $98,384

TOTAL REVENUE $1,198,799

Expense Breakdown

Grants Paid $45,000

Salaries & Benefits $22,900

Fundraising Expenses $42,051

Program Expenses $1,311,265

Other Expenses $1,308,689

TOTAL EXPENSES $1,376,589

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,198,799	$1,519,767	-0.2%
Expenses	$1,376,589	$1,476,057	-0.1%
Net Income	$-177,790	$43,710	-5.1%

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

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
CORY MULLINS	PRESIDENT	40.00	Officer Director	$0	$0	$0
CHARLES BOGDON	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
CLIFFORD LOGAN	TREASURER	10.00	Officer 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
2022	$1,198,799	$1,376,589	$200,293	$-177,790
2021	$1,519,767	$1,476,057	$330,250	$43,710
2020	$156,802	$243,268	$222,323	$-86,466
2019	$938,134	$892,359	$68,342	$45,775

KC AIR SHOW CHARITIES INC