THE KIDDIE HAWK AIR ACADEMY (EIN 841482078) - 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

1998

Legal Domicile

Principal Officer

KYLE LIPS

Phone

3038863059

Tax Period

2023-01-01 to 2023-12-31

THE KIDDIE HAWK AIR ACADEMY, founded in 1998, is a community nonprofit in the Youth Development sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $657K, a strong 31% operating margin.

Mission

TO INSTILL IN CHILDREN FROM 3 TO 9 YEARS OF AGE AN INTEREST IN AND APPRECIATION OF AVIATION THAT WILL CARRY THROUGH INTO THEIR ADULT YEARS

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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 $2,040,630

Program Service Revenue $0

Investment Income $70,646

Other Revenue $0

TOTAL REVENUE $2,111,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,986

Fundraising Expenses $260,098

Program Expenses $1,086,845

Other Expenses $1,390,404

TOTAL EXPENSES $1,454,390

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,111,276	$1,226,531	+0.7%
Expenses	$1,454,390	$1,309,390	+0.1%
Net Income	$656,886	$-82,859	-8.9%

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

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

$59,439

Total Directors

$59,439

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE LIPS	PRESIDENT	20.00	Officer Director	$29,040	$0	$29,040
KELLEN LIPS	TREASURER	20.00	Officer Director	$30,399	$0	$30,399
STACY ELSNER	SECRETARY	1.00	Officer Director	$0	$0	$0
ANDREW MIDDLETON	BOARD OF DIR	1.00	Director	$0	$0	$0
SARAH MARCY	BOARD OF DIR	1.00	Director	$0	$0	$0
BILL MARCY	BOARD OF DIR	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	$2,111,276	$1,454,390	$1,684,384	$656,886
2022	$1,226,531	$1,309,390	$1,007,320	$-82,859
2021	$694,248	$615,590	$1,126,122	$78,658
2020	$638,951	$652,969	$725,007	$-14,018
2019	$1,575,678	$1,323,882	$705,617	$251,796
2018	$1,223,995	$1,001,713	$455,520	$222,282

THE KIDDIE HAWK AIR ACADEMY