VINTAGE FLYING MACHINES INC

EIN: 990551340 501(c)(3) Arts, Culture & Humanities

HUNTINGTON, IN

Total Revenue
$262,398
Total Expenses
$240,442
Total Assets
$22,852
Net Assets
$21,956
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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
IN
Principal Officer
TIMOTHY SAVAGE
Phone
2607508368
Tax Period
2024-01-01 to 2024-12-31

VINTAGE FLYING MACHINES INC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $262K in total revenue in fiscal year 2024. Expenses of $240K left a modest 8% surplus.

Mission

VINTAGE FLYING MACHINES IS A COLLECTION OF ANTIQUE AIRCRAFT USED TO EDUCATE AND INSPIRE YOUNG PEOPLE ABOUT AVIATION HISTORY THROUGH PUBLIC EVENTS AND EDUCATIONAL OUTREACH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $262,371
Program Service Revenue $0
Investment Income $27
Other Revenue $0
TOTAL REVENUE $262,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $239,132
Other Expenses $240,442
TOTAL EXPENSES $240,442

Year-over-Year Comparison

2024 2023 Change
Revenue $262,398 N/A N/A
Expenses $240,442 N/A N/A
Net Income $21,956 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
10

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
TIMOTHY SAVAGE PRESIDENT/TR 20.00
Officer Director
$0 $0 $0
RICK SIEGFRIED VICE PRESIDE 0.00
Officer Director
$0 $0 $0
PAUL REDLICH SECRETARY/DI 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 $262,398 $240,442 $22,852 $21,956
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