AEROVENTURES FLYING CLUB INC (EIN 842155737) - 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

2020

Legal Domicile

Phone

8165169850

Tax Period

2024-01-01 to 2024-12-31

AEROVENTURES FLYING CLUB INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $517K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $481K left a modest 7% surplus.

Mission

Our mission is to promote aviation in our community and provide training to under Privileged youth through the EAA690 Youth Build Program with scholarships and time donations from our members. Aviation safety is the underlying theme in our activities. Our members are given the opportunity to participate in social interaction with like minded people in an aviation theme. The membership is diverse from all walks of life regardless of age, sex, race or religion.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $516,698

TOTAL REVENUE $516,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $480,995

TOTAL EXPENSES $480,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$516,698	$576,908	-0.1%
Expenses	$480,995	$559,083	-0.1%
Net Income	$35,703	$17,825	+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
Don Sweeney	President	10	Officer Director Key Emp	$0	$0	$0
Craig Bryant	Treasurer	10	Director Key Emp	$0	$0	$0
Amanda Glaser	Vice President	10	Officer	$0	$0	$0
Brian Burton	Safety Officer	10	Officer	$0	$0	$0
Kevin Smith	Maintenance Engineer	10	Officer	$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
2025	No data	No data	No data	No data
2024	$516,698	$480,995	$876,808	$35,703
2023	$576,908	$559,083	$841,105	$17,825
2022	$555,624	$454,090	$823,280	$101,534
2021	$678,487	$502,871	$768,240	$175,616
2020	$411,089	$241,231	$592,624	$169,858

AEROVENTURES FLYING CLUB INC