Independent Pilots Association
Louisville, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,207,183↑3% | $14,737,759↑5% | $24,540,998↑10% | — |
| 2022 | $14,706,138↓2% | $14,011,258↑23% | $22,210,578↓5% | — |
| 2021 | $15,065,745↑10% | $11,387,032 | $23,397,076↑23% | — |
| 2020 | $13,709,794↑14% | $11,405,161↓3% | $19,024,642↑13% | — |
| 2019 | $12,041,432↑4% | $11,701,104 | $16,790,400↑7% | — |
| 2018 | $11,597,966↑10% | $11,651,980↑1% | $15,662,449↓1% | — |
| 2017 | $10,580,164↓15% | $11,501,746↓17% | $15,810,013↓4% | — |
| 2016 | $12,421,950↓5% | $13,856,532↑14% | $16,465,100↓8% | — |
| 2015 | $13,041,604↑1% | $12,146,849↓3% | $17,934,520↓2% | — |
| 2014 | $12,928,681↑1% | $12,562,753↓2% | $18,311,551↓1% | — |
| 2013 | $12,831,343 | $12,878,717↑20% | $18,412,662↑7% | — |
| 2012 | $12,780,833↑4% | $10,776,394↓3% | $17,213,786↑10% | — |
| 2011 | $12,254,368 | $11,072,936 | $15,586,328 | — |
Frequently Asked Questions
What does Independent Pilots Association do?▼
Independent Pilots Association is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Independent Pilots Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Independent Pilots Association has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Independent Pilots Association generate?▼
Independent Pilots Association reports $16.2M in annual revenue and holds $23.6M in total assets, based on IRS filings.
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