SOCIETY OF EXPERIMENTAL TEST PILOTS (EIN 952013453) - 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

1956

Legal Domicile

Phone

6619429574

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF EXPERIMENTAL TEST PILOTS, founded in 1956, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $964K left a modest 15% surplus.

Mission

PROFESSIONAL MEMBERSHIP ORGANIZATION TO PROMOTE FLIGHT TEST SAFETY THROUGH EDUCATIONAL PROGRAMS AND PUBLICATIONS.

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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 $421,252

Program Service Revenue $680,239

Investment Income $8,735

Other Revenue $17,468

TOTAL REVENUE $1,127,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,953

Fundraising Expenses $0

Program Expenses $928,638

Other Expenses $686,342

TOTAL EXPENSES $964,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,127,694	$1,072,935	+0.1%
Expenses	$964,104	$882,284	+0.1%
Net Income	$163,590	$190,651	-0.1%

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

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
B SANDBERG	President	40.00	Director	$0	$0	$0
J TRACY	EU SECTION REP	1.00	Director	$0	$0	$0
J BIERYLA	GL SECTION REP	1.00	Director	$0	$0	$0
S ELWELL	EC SECTION REP	1.00	Director	$0	$0	$0
S NEUMANN	SE SECTION REP	1.00	Director	$0	$0	$0
S JOHN	I SECTION REP	1.00	Director	$0	$0	$0
T CURRIE	SW SECTION REP	1.00	Director	$0	$0	$0
A EDGELL	WC SECTION REP	1.00	Director	$0	$0	$0
S CRANE	NW SECTION REP	1.00	Director	$0	$0	$0
P COMEAU	CA SECTION REP	1.00	Director	$0	$0	$0
J TOUGAS	PRESIDENT ELECT	1.00	Director	$0	$0	$0
D HINSON	C SECTION REP	1.00	Director	$0	$0	$0
E MENINI	TECH ADVISOR	1.00	Director	$0	$0	$0
J JANJUA	Treasurer	1.00	Director	$0	$0	$0
A MCFARLAND	Vice President	1.00	Officer Director	$0	$0	$0
K LATIMER	LEGAL OFFICER	1.00	Officer Director	$0	$0	$0
M SKIDMORE	TECH ADVISOR	1.00	Officer Director	$0	$0	$0
K SMITH	Secretary	1.00	Officer Director	$0	$0	$0
D LARSON	EXEC ADVISOR	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,127,694	$964,104	$1,385,459	$163,590
2022	$1,072,935	$882,284	$1,238,689	$190,651
2021	$950,128	$758,326	$1,051,731	$191,802
2020	$546,154	$452,202	$863,736	$93,952
2019	$1,067,061	$1,025,030	$755,164	$42,031

SOCIETY OF EXPERIMENTAL TEST PILOTS