OCEANA AERO CLUB INC

EIN: 873895246 501(c)(3) Education

SHELBY, MI

Total Revenue
$2,624
Total Expenses
$2,624
Total Assets
N/A
Net Assets
N/A
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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
2024
Legal Domicile
MI
Principal Officer
JESSE BOWMAN
Phone
5202412000
Tax Period
2024-09-09 to 2024-12-31

OCEANA AERO CLUB INC, founded in 2024, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2024.

Mission

ENCOURAGE INTEREST IN AVIATION, PROVIDE SAFE, ECONOMICAL FLIGHT TRAINING/TRANSPORTATION FOR ITS MEMBERS, ADVANCE THE KNOWLEDGE FOR MEMBERS IN AERONAUTICAL AND NAVIGATION SUBJECTS AND BRING MORE PEOPLE THE SOCIAL BENEFITS OF FLYING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,624
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,624
Other Expenses $2,624
TOTAL EXPENSES $2,624

Year-over-Year Comparison

2024 2023 Change
Revenue $2,624 N/A N/A
Expenses $2,624 N/A N/A
Net Income $0 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
5
Independent Members
5
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSE BOWMAN PRESIDENT 1.00
Officer
$0 $0 $0
CATHY GALE TREASURER 1.00
Officer
$0 $0 $0
MATHEW GALE VICE PRESIDE 1.00
Officer
$0 $0 $0
LAUREL PETERSON 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 $2,624 $2,624 No data No data
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