PARARESCUE ASSOCIATION (EIN 850382688) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

William Watson

Phone

7032173864

Tax Period

2024-01-01 to 2024-12-31

PARARESCUE ASSOCIATION, founded in 1989, is a small nonprofit in the Human Services sector that reported $360K in total revenue in fiscal year 2021. Revenue surged 351% from the prior year, signaling strong growth momentum. The organization ran a surplus of $256K, a strong 71% operating margin.

Mission

Preserve the legacy of U.S. Air Force Pararescuemen. Provide an extended community for all Pararescuemen and their families to foster camaraderie and support. Commemorate the memory of all Pararescuemen who have given and who risk their lives in the defense of freedom.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $155,803

Program Service Revenue $0

Investment Income $7,766

Other Revenue $-6,462

TOTAL REVENUE $157,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $82,462

TOTAL EXPENSES $143,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$157,107	$426,673	-0.6%
Expenses	$143,950	$130,394	+0.1%
Net Income	$13,157	$296,279	-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
Rod Alne	Board Member	5	Director	$0	$0	$0
Lochland Jeffries	Board Member	15	Director	$0	$0	$0
Ron Thompson	Board Member	5	Director	$0	$0	$0
Joe Topel	Board Member	5	Director	$0	$0	$0
Roy Taylor	Board Member/Former President	5	Director	$0	$0	$0
Randy Galloway	Board Member/Former President	5	Director	$0	$0	$0
William Watson	President	40	Officer	$0	$0	$0
Steven West	Vice President	20	Officer	$0	$0	$0
Ryan Beckman	Treasurer	25	Officer	$0	$0	$0
Scott Gearen	Secretary	5	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	$157,107	$143,950	$797,723	$13,157
2023	$426,673	$130,394	$784,566	$296,279
2022	$63,152	$107,012	$488,287	$-43,860
2021	$359,587	$104,011	$532,147	$255,576

PARARESCUE ASSOCIATION