WT FLYERS INC (EIN 844867786) - 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

DUSTIN TAYLOR

Phone

8066769212

Tax Period

2023-01-01 to 2023-12-31

WT FLYERS INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $466K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $431K left a modest 7% surplus.

Mission

TO PROMOTE AVIATION AND AVIATION RELATED ISSUED AND MATTERS IN THE TEXAS PANHANDLE REGION. TO PROVIDE ITS MEMBERS WITH AIRCRAFT ONLY FOR THEIR PERSONAL USE AND ENJOYMENT.

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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 $0

Program Service Revenue $465,789

Investment Income $73

Other Revenue $0

TOTAL REVENUE $465,862

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $431,109

TOTAL EXPENSES $431,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,862	$815,590	-0.4%
Expenses	$431,109	$826,855	-0.5%
Net Income	$34,753	$-11,265	-4.1%

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

N/A

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
KEITH BJORK	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
CHRIS HICKMAN	PRESIDENT	8.00	Officer Director	$0	$0	$0
COLBY HILTON	SECRETARY	3.00	Officer Director	$0	$0	$0
DUSTIN TAYLOR	TREASURER	3.00	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
2024	No data	No data	No data	No data
2023	$465,862	$431,109	$37,723	$34,753
2022	$815,590	$826,855	$9,136	$-11,265
2021	$658,282	$672,241	$20,398	$-13,959

WT FLYERS INC