NAVAL HELICOPTER ASSOCIATION INC

EIN: 953316128

CORONADO, CA

Total Revenue
$725,033
Total Expenses
$636,358
Total Assets
$2,060,796
Net Assets
$2,049,773
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CA
Principal Officer
CAPT JIM GILLCRIST USN
Phone
6194357139
Tax Period
2023-01-01 to 2023-12-31

NAVAL HELICOPTER ASSOCIATION INC, founded in 1978, is a small nonprofit that reported $725K in total revenue in fiscal year 2023. Expenses of $636K left a modest 12% surplus.

Mission

PROMOTE RECOGNTION FOR, AND TO ENHANCE THE PRESTIGE OF, THE UNITED STATES NAVY VERTICAL FLIGHT COMMUNITY. THE ASSOCIATION IS DEDICATED TO PROMOTING THE USE OF VERTICAL LIFT AIRCRAFT IN THE USN, USMC AND USCG AND KEEPING ITS MEMBERS INFORMED OF NEW DEVELOPMENTS AND ACCOMPLISHMENTS IN ROTARY WING AVIATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $678,634
Investment Income $46,399
Other Revenue $0
TOTAL REVENUE $725,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,855
Fundraising Expenses $31,817
Program Expenses $509,088
Other Expenses $377,503
TOTAL EXPENSES $636,358

Year-over-Year Comparison

2023 2022 Change
Revenue $725,033 $730,896 0.0%
Expenses $636,358 $569,818 +0.1%
Net Income $88,675 $161,078 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
27

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
4
$98,625
Total Directors
24
$98,625
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RADM DAN FILLION USN RET CHAIRMAN 0.00
Director
$0 $0 $0
CAPT ARNE NELSON USN RET SCHOLARSHIP PRESIDENT 0.00
Director
$0 $0 $0
CAPT BILL PERSONIUS USN RET HISTORICAL SOCIETY PRESIDE 0.00
Director
$0 $0 $0
CAPT JIM GILLCRIST USN RET EXECUTIVE DIRECTOR 40.00
Officer Director
$98,625 $0 $98,625
CDR THOMAS BUTTS USN NATIONAL PRESIDENT 0.00
Officer Director
$0 $0 $0
CDR ELI OWRE USN NATIONAL VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
CDR THOMAS BUTTS USN VICE PRESIDENT / SYMPOSIUM 0.00
Director
$0 $0 $0
CAPT TRES DEHAY USN RET VICE PRESIDENT / BUS DEV 0.00
Director
$0 $0 $0
LT BRENDAN MCGINNIS USN VICE PRESIDENT / MEMBERSHI 0.00
Director
$0 $0 $0
CDR PHILIP PRETZINGER USN VICE PRESIDENT / AWARDS 0.00
Director
$0 $0 $0
CAPT GREG HOFFMAN USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT MARIO MIFSUD USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT DENNY DUBARD USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT CHUCK DEITCHMAN USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT ANTHONY DZIELSKI USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT GENE AGER USN RET DIRECTOR 0.00
Director
$0 $0 $0
CAPT MATT SCHNAPPAUF USN RET DIRECTOR 0.00
Director
$0 $0 $0
LT ZOE MACFARLANE USN J.O. COUNCIL PRESIDENT 0.00
Director
$0 $0 $0
LT JIMMY GAVIDIA USN SECRETARY 0.00
Officer Director
$0 $0 $0
LT ANNIE CUTCHEN USN ROTOR REVIEW EDITOR 0.00
Director
$0 $0 $0
LT SAM KIM USN BRANDING & GEAR 0.00
Director
$0 $0 $0
AWRCM NATHAN HICKEY USN SENIOR ENLISTED ADVISOR 0.00
Director
$0 $0 $0
AWSCM SHANE GIBBS USN SENIOR ENLISTED ADVISOR 0.00
Director
$0 $0 $0
AWFCM JOSE COLON-TORRES USN SENIOR ENLISTED ADVISOR 0.00
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 $725,033 $636,358 $2,060,796 $88,675
2022 $730,896 $569,818 $1,778,026 $161,078
2021 $836,297 $480,754 $2,064,666 $355,543
2020 $535,281 $344,111 $1,665,485 $191,170
2019 $738,666 $699,818 $1,139,789 $38,848
2018 $874,430 $760,618 $956,225 $113,812
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NAVAL HELICOPTER ASSOCIATION INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.