TULSA WARBIRDS FOUNDATION INC

EIN: 842802421 501(c)(3) Human Services

TULSA, OK

Total Revenue
$292,313
Total Expenses
$46,488
Total Assets
$280,061
Net Assets
$280,061
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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
2019
Legal Domicile
OK
Principal Officer
PAUL MACKEY
Phone
9184087278
Tax Period
2020-01-01 to 2020-12-31

TULSA WARBIRDS FOUNDATION INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $292K in total revenue in fiscal year 2020. Revenue surged 754% from the prior year, signaling strong growth momentum. The organization ran a surplus of $246K, a strong 84% operating margin.

Mission

THE VOLUNTEERS OF THE TULSA WARBIRDS FOUNDATION, INC. MISSION IS TO EDUCATE, INSPIRE, AND HONOR OUR HERITAGE BY PROVIDING SUPPORT FOR MILITARY AND CIVILIAN PATRIOTIC FLY-OVERS BY GETTING YOU IN CONTACT WITH THE OPERATORS OF ANTIQUE AND ACTIVE MILITARY AIRCRAFT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $292,313
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $292,313

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,824
Other Expenses $46,488
TOTAL EXPENSES $46,488

Year-over-Year Comparison

2020 2019 Change
Revenue $292,313 $34,236 +7.5%
Expenses $46,488 N/A N/A
Net Income $245,825 $34,236 +6.2%
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
3
Employees
N/A
Volunteers
12

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
PAUL MACKEY PRESIDENT 4.00
Officer Director
$0 $0 $0
ERIC BIGGS SECRETARY 1.00
Officer Director
$0 $0 $0
PRESTON SMITH 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
2020 $292,313 $46,488 $280,061 $245,825
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