GLOBAL AEROSPACE INC POST RETIREMENT MEDICAL TRUST (EIN 826791841) - 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

2017

Legal Domicile

Principal Officer

STYLIANOS KOURSARIS

Phone

9734908550

Tax Period

2023-01-01 to 2023-12-31

GLOBAL AEROSPACE INC POST RETIREMENT MEDICAL TRUST, founded in 2017, is a small nonprofit in the Mutual Benefit sector that reported $589K in total revenue in fiscal year 2023. Revenue surged 186% from the prior year, signaling strong growth momentum. Net assets of $2.5M represent 52 months of operating reserves.

Mission

TO PROVIDE MEDICAL, PRESCRIPTION, VISION, AND DENTAL BENEFITS TO PARTICIPANTS AS PROVIDED IN THE GLOBAL AEROSPACE POST-RETIREMENT MEDICAL PLAN

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $499,282

Investment Income $89,778

Other Revenue $0

TOTAL REVENUE $589,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $575,297

TOTAL EXPENSES $575,297

Year-over-Year Comparison

	2023	2022	Change
Revenue	$589,060	$206,313	+1.9%
Expenses	$575,297	$533,030	+0.1%
Net Income	$13,763	$-326,717	-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

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
JEFFREY BRUNO	TRUSTEE	1.00	Director	$0	$0	$0
JOHN KELLY	TRUSTEE (THROUGH 12/31/23)	1.00	Director	$0	$0	$0
ANTHONY MOSCHETTA	TRUSTEE (THROUGH 12/31/23)	1.00	Director	$0	$0	$0
LUANN CENTANNI	TRUSTEE	1.00	Director	$0	$0	$0
STYLIANOS KOURSARIS	TRUSTEE	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	No data	No data	No data	No data
2023	$589,060	$575,297	$2,586,501	$13,763
2022	$206,313	$533,030	$2,558,591	$-326,717
2021	$214,397	$547,464	$4,045,850	$-333,067
2020	$386,375	$612,751	$4,589,268	$-226,376
2019	$308,860	$660,705	$4,465,585	$-351,845
2018	$562,475	$965,055	$4,267,237	$-402,580

GLOBAL AEROSPACE INC POST RETIREMENT MEDICAL TRUST