SCOTTSDALE, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARIZONA BUSINESS AVIATION ASSOCIATION, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $155K in total revenue in fiscal year 2024. Revenue surged 266% from the prior year, signaling strong growth momentum. Expenses of $175K exceeded revenue, resulting in a 13% operating deficit.
The organization's primary exempt purpose is to provide value to our members through informational programs; representing business aviation interests within the aviation community; and providing education about business aviation to community leaders and the public. Additionally, scholarship money is raised and awarded to applicants interested in the industry.
Scholarships + grants awarded during 2024 to students pursuing a career in business aviation.
Expenses associated with meetings and events related to growing business aviation in the community
Revenue and expenses associated with business aviation Safety Day event held in 2024
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $154,883 | $42,282 | +2.7% |
| Expenses | $175,102 | $175,102 | N/A |
| Net Income | $-20,219 | $-132,820 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Timothy Vallowe | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alfredo Garcia | Co-Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christian Lambert | Co-Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Douglas Young | Former President | 5.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Duncan | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tara Creel-Cesena | Director | 5.00 |
Officer
|
$0 | $0 | $0 |
| Kenneth Kiriluk | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Maddie Moles | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Jules Yimga | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Marci Steenson | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $154,883 | $175,102 | $120,544 | $-20,219 |
Compare ARIZONA BUSINESS AVIATION ASSOCIATION with other nonprofits in Arizona and across the country.