SKYWAY RANGE INC

EIN: 931611378 501(c)(3)

Tulsa, OK

Total Revenue
$280,988
Total Expenses
$284,979
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
OK
Principal Officer
Randall D Burke
Phone
4055146931
Tax Period
2025-01-01 to 2025-12-31

SKYWAY RANGE INC, founded in 2024, is a small nonprofit that reported $281K in total revenue in fiscal year 2025. Revenue surged 292% from the prior year, signaling strong growth momentum.

Mission

The Skyway Range Inc. will fulfill the Flight Corridor's requirements of employing a corridor director (referred to as "Skyway Range Executive Director") to lead the direction of the Skyway Range and assist testing participants. This assistance could include but is not limited to assisting with risk mitigation efforts, scheduling, flights and marketing. Additionally, the Executive Director will promote long-term organizational growth and community development, oversee flight testing operations and lead strategic planning.

Program Service Accomplishments

Program 1
Expenses: $282,074 Revenue: $5,500

Supported education and community awareness and acceptance of drone uses and capabilities. Sub award recipient of Tulsa Tech Hubs EDA grant ($2.9M) for Drone operations in the Metro Tulsa Area...

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Supported education and community awareness and acceptance of drone uses and capabilities. Sub award recipient of Tulsa Tech Hubs EDA grant ($2.9M) for Drone operations in the Metro Tulsa Area. Provided revenue generation service to 5 customers. Primary expense was Executive Director compensation.

Program 2
Expenses: $2,905 Revenue: $0

Researched best option for the future of the organization to perform it intended function. As the FAA rulemaking for drone testing and drone operations Beyond Visual Line of Site was delayed, the...

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Researched best option for the future of the organization to perform it intended function. As the FAA rulemaking for drone testing and drone operations Beyond Visual Line of Site was delayed, the customer pipeline was delayed. To remain in business capital backing for basic cash flow was needed and could not be supported through the reimbursement process that occasionally resulted in Net 60 repayment. Agreement was reached between the partners for Osage LLC's Skyway 36 LLC would perform the roles that Skyway Range Inc had been but as a for profit entity providing capital backing/cash flow for day to day operations. As part of the agreement, Skyway 36 LLC would receive any remaining cash after all of Skyway Range Inc's financial obligations had been met. That cash balance obligation was $2,905 and was expense at the end of December 2025.

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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 (2025)

Revenue Breakdown

Contributions & Grants $244,270
Program Service Revenue $36,718
Investment Income $0
Other Revenue $0
TOTAL REVENUE $280,988

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,250
Fundraising Expenses $0
Program Expenses $284,979
Other Expenses $159,729
TOTAL EXPENSES $284,979

Year-over-Year Comparison

2025 2024 Change
Revenue $280,988 $71,664 +2.9%
Expenses $284,979 $67,344 +3.2%
Net Income $-3,991 $4,320 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
1
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
1
$125,250
Total Directors
6
$125,250
Key Employees
1
$125,250
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randall Burke Executive Director 40
Officer Director Key Emp Highest
$125,250 $0 $125,250
Daniel Plaisance Board Chair 1
Director
$0 $0 $0
Richard Perrier Board member 1
Director
$0 $0 $0
Patti Ripple Board member 1
Director
$0 $0 $0
Craig Mahaney Board member 1
Director
$0 $0 $0
Loyd Hook Board member 1
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
2025 $280,988 $284,979 No data $-3,991
2024 $71,664 $67,344 $42,147 $4,320
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