CHOOSE AEROSPACE INC (EIN 844708365) - 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

Principal Officer

CRYSTAL MAGUIRE

Phone

8882622367

Tax Period

2024-01-01 to 2024-12-31

CHOOSE AEROSPACE INC, founded in 2020, is a small nonprofit in the Education sector that reported $443K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $378K left a modest 15% surplus.

Mission

THE MISSION OF CHOOSE AEROSPACE IS TO UNITE COMPANIES, ASSOCIATIONS, EDUCATIONAL INSTITUTIONS AND LABOR UNIONS TO SPUR INTEREST IN AEROSPACE CAREERS.

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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 $432,750

Program Service Revenue $10,693

Investment Income $0

Other Revenue $0

TOTAL REVENUE $443,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,075

Fundraising Expenses $0

Program Expenses $247,957

Other Expenses $163,044

TOTAL EXPENSES $378,119

Year-over-Year Comparison

	2024	2023	Change
Revenue	$443,443	$326,175	+0.4%
Expenses	$378,119	$152,635	+1.5%
Net Income	$65,324	$173,540	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRYSTAL MAGUIRE	EXECUTIVE DIRECTOR	20.00		$110,344	$0	$110,344
Kelly Filgo	Director of Operations	40.00		$104,731	$0	$104,731
KEVIN DALLAIRE	Director	1.00	Director	$0	$0	$0
SEAN TORPEY	Director	1.00	Director	$0	$0	$0
RYAN GOERTZEN	President	5.00	Officer	$0	$0	$0
JOEL ENGLISH	Vice President	1.00	Officer	$0	$0	$0
JUSTIN MADDEN	Secretary	1.00	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
2024	$443,443	$378,119	$320,946	$65,324
2023	$326,175	$152,635	$257,221	$173,540

CHOOSE AEROSPACE INC