GOODWILL AIRPORT FREEWAY INC (EIN 874172741) - 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

2022

Legal Domicile

Principal Officer

Kimberly Casarez

Phone

8173327866

Tax Period

2023-01-01 to 2023-12-31

GOODWILL AIRPORT FREEWAY INC, founded in 2022, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 300% operating deficit.

Mission

The mission of Goodwill Airport Freeway Inc. is to support the educational, charitable, and social purposes of the Goodwill Industries of Fort Worth, Inc. ("GIFW")

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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 $81,000

Program Service Revenue $0

Investment Income $21

Other Revenue $11,635

TOTAL REVENUE $92,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $370,811

TOTAL EXPENSES $370,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,656	$525,299	-0.8%
Expenses	$370,811	$40,219	+8.2%
Net Income	$-278,155	$485,080	-1.6%

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
John Boswell	Director	1.0	Director	$0	$0	$0
Mike Griffin	DIRECTOR	1.0	Director	$0	$0	$0
JEFFEREY LATTIMER	DIRECTOR	1.0	Director	$0	$0	$0
CATHERINE SCHMUCK	DIRECTOR	1.0	Director	$0	$0	$0
PAMELA VOIGHT	DIRECTOR	1.0	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	$92,656	$370,811	$9,540,307	$-278,155
2022	$525,299	$40,219	$10,589,869	$485,080

GOODWILL AIRPORT FREEWAY INC