AIRWAY DEVELOPMENT INC

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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

Phone

6265585338

Tax Period

2024-01-01 to 2024-12-31

AIRWAY DEVELOPMENT INC, founded in 2023, is a small nonprofit in the Health Care sector that reported $562K in total revenue in fiscal year 2024.

Mission

SOLICITATION OF DONATIONS TO BUY MEDICAL EQUIPMENT AND SUPPLIES TO PROVIDE TO UNDERDEVELOPED COUNTRIES

Program Service Accomplishments

Program 1

Expenses: $569,817

SOLICITATION OF DONATIONS TO PURCHASE MEDICAL EQUIPMENT AND SUPPLIES TO PROVIDE TO UNDERDEVELOPED COUNTRIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $562,330

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $562,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $569,817

Other Expenses $569,817

TOTAL EXPENSES $569,817

Year-over-Year Comparison

	2024	2023	Change
Revenue	$562,330	N/A	N/A
Expenses	$569,817	N/A	N/A
Net Income	$-7,487	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

Governance

Voting Members

Independent Members

N/A

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
DANIEL R TAPIA	President	0.00	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	$562,330	$569,817	$11	$-7,487