PLAINWELL AVIATION AND STEM ACADEMY

EIN: 831725227 501(c)(3) Youth Development

KALAMAZOO, MI

Total Revenue
$177,733
Total Expenses
$249,007
Total Assets
$40,297
Net Assets
$36,819
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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
MI
Principal Officer
VIRGINIA LYNN DEVILLERS
Phone
2699035427
Tax Period
2023-01-01 to 2023-12-31

PLAINWELL AVIATION AND STEM ACADEMY, founded in 2018, is a small nonprofit in the Youth Development sector that reported $178K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $249K exceeded revenue, resulting in a 40% operating deficit.

Mission

PROVIDING YOUTH WITH THE OPPORTUNITY TO PURSUE A HIGHLY ADVANCED TECHNICAL CAREER, IN THE FIELDS OF AVIATION AND AEROSPACE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,232
Program Service Revenue $160,157
Investment Income $13
Other Revenue $1,331
TOTAL REVENUE $177,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $247,198
Other Expenses $249,007
TOTAL EXPENSES $249,007

Year-over-Year Comparison

2023 2022 Change
Revenue $177,733 $195,883 -0.1%
Expenses $249,007 $207,627 +0.2%
Net Income $-71,274 $-11,744 +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

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Governance

Voting Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA LYNN DEVILLERS PRESIDENT 20.00
Officer Director
$0 $0 $0
LISA ANNE WININGER SECRETARY/TR 20.00
Officer Director
$0 $0 $0
VIRGIL L WILLIAMS CHAIRMAN 20.00
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
2023 $177,733 $249,007 $40,297 $-71,274
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