EXPERIMENTAL AIRCRAFT ASSOCIATION LEROY CASTLE CHAPTER 538

EIN: 861017778 501(c)(3) Education

GLENDALE, AZ

Total Revenue
$276,555
Total Expenses
$828
Total Assets
$275,727
Net Assets
$275,727
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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
AZ
Principal Officer
DARREN HENLEY
Phone
6235615552
Tax Period
2020-01-01 to 2020-12-31

EXPERIMENTAL AIRCRAFT ASSOCIATION LEROY CASTLE CHAPTER 538, founded in 2020, is a small nonprofit in the Education sector that reported $277K in total revenue in fiscal year 2020. The organization ran a surplus of $276K, a strong 100% operating margin.

Mission

TO GROW PARTICIPATION IN AVIATION BY PROMOTING THE "SPIRIT OF AVIATION"

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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 $276,555
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $276,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $828
Other Expenses $828
TOTAL EXPENSES $828

Year-over-Year Comparison

2020 2019 Change
Revenue $276,555 N/A N/A
Expenses $828 N/A N/A
Net Income $275,727 N/A N/A
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
7
Independent Members
7
Employees
N/A
Volunteers
77

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARREN HENLEY PRESIDENT 20.00
Officer
$0 $0 $0
JOHN GREEG JR TREASURER 20.00
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
2020 $276,555 $828 $275,727 $275,727
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