Flite Test Community Association (EIN 834670021) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Anne Baker

Phone

2343032400

Tax Period

2023-01-01 to 2023-12-31

Flite Test Community Association, founded in 2019, is a micro nonprofit in the Public & Societal Benefit sector that reported $34K in total revenue in fiscal year 2023. The organization ran a surplus of $11K, a strong 33% operating margin.

Mission

The purpose of the Flite Test Community Association (FTCA) is the promotion of aviation enthusiasm and education. In the course of this purpose, the FTCA will act as a Community Based Organization representing and advocating for its members with respect to aviation matters. The FTCA will endeavor to promote aviation enthusiasm through community events, educational events and development of member-relevant content for all platforms.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,644

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $33,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,926

Fundraising Expenses $0

Program Expenses $20,796

Other Expenses $7,628

TOTAL EXPENSES $22,554

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,644	$34,894	0.0%
Expenses	$22,554	$46,532	-0.5%
Net Income	$11,090	$-11,638	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

125

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

$14,926

Total Directors

$14,926

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Hovan	Chairman of the Board of D	1.00	Officer Director	$0	$0	$0
Josh Bixler	President	1.00	Officer Director	$0	$0	$0
Lee Kachner	Vice President	13.00	Officer Director	$12,000	$2,926	$14,926
Anne Baker	Secretary/Treasurer	1.00	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	$33,644	$22,554	$321	$11,090
2022	$34,894	$46,532	$823	$-11,638
2021	$31,361	$57,838	$773	$-26,477

Flite Test Community Association