LOWCOUNTRY AVIATION ASSOCIATION (EIN 831649064) - 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

CHRISTOPHER J WILL

Phone

8434109439

Tax Period

2020-01-01 to 2020-12-31

LOWCOUNTRY AVIATION ASSOCIATION, founded in 2018, is a micro nonprofit in the Employment sector that reported $9K in total revenue in fiscal year 2020. Revenue fell 104% from the prior year — a significant decline worth monitoring.

Mission

FAA PART 61 FLIGHT TRAINING, LOWCOUNTRY INSTRUCTIONAL FLGIHT TRAINING, SUMMER AVIATION, CHARACTER, EDUCATION ACE CAMP, PROVIDE SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS

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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 (2020)

Revenue Breakdown

Contributions & Grants $15,250

Program Service Revenue $12,805

Investment Income $-36,950

Other Revenue $0

TOTAL REVENUE $-8,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,082

Other Expenses $62,932

TOTAL EXPENSES $62,932

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-8,895	$212,000	-1.0%
Expenses	$62,932	$117,272	-0.5%
Net Income	$-71,827	$94,728	-1.8%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER J WILL	PRESIDENT	005.00	Officer Director	$0	$0	$0
CHARLES DOUGLAS BARNES	DIRECTOR	002.00	Officer Director	$0	$0	$0
LONNIE DONALD FORD	DIRECTOR	001.00	Officer Director Highest	$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	$-8,895	$62,932	$56,728	$-71,827
2019	$212,000	$117,272	$128,555	$94,728

LOWCOUNTRY AVIATION ASSOCIATION