AIR TRANSPORT SERVICES GROUP CHARITABLE FOUNDATION

EIN: 922108055 501(c)(3) Public & Societal Benefit

WILMINGTON, OH

Total Revenue
$396,902
Total Expenses
$5,649
Total Assets
$393,555
Net Assets
$391,253
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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
2023
Legal Domicile
OH
Principal Officer
LYNN BLAKE
Phone
9373662454
Tax Period
2023-01-01 to 2023-12-31

AIR TRANSPORT SERVICES GROUP CHARITABLE FOUNDATION, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $397K in total revenue in fiscal year 2023. The organization ran a surplus of $391K, a strong 99% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE GRANTS AND GIFTS TO 501 C 3 ORGANIZATIONS IN THE COMMUNITIES THE SOLE MEMBER OPERATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $439,254
Program Service Revenue $0
Investment Income $0
Other Revenue $-42,352
TOTAL REVENUE $396,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,649
Other Expenses $5,649
TOTAL EXPENSES $5,649

Year-over-Year Comparison

2023 2022 Change
Revenue $396,902 N/A N/A
Expenses $5,649 N/A N/A
Net Income $391,253 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
3
Independent Members
3
Employees
N/A
Volunteers
89

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYMBERLEE PARKS SECRETARY 1.00
Officer Director
$0 $0 $0
LYNN BLAKE TREASURER 1.00
Officer Director
$0 $0 $0
PAUL CHASE PRESIDENT 1.00
Officer 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 $396,902 $5,649 $393,555 $391,253
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