Sentimental Journey Inc

Nonprofit profile at a glance

EIN
232570096
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Lock Haven, PA, USA
Phone
5708934200
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$87,602
Expenses
$96,045
Assets
$24,170
Liabilities
$1,890

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MARK STEWART (PRESIDENT)
  • JOHN MACHAMER (VICE PRESIDENT)

Highest reported compensation

  • KIM GARLICK (EXECUTIVE COORDINATOR): $9,909 total reported compensation
  • ESTHER GARDNER (EXECUTIVE ASSISTANT): $6,130 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To preserve the heritage of piper aircraft corporation, its history and the aircrafts that were built at the former headquarters in lock haven, Pennsylvania from 1937 to 1984. To offer owners of piper aircraft manufactured in lock haven, a source of community, sharing of vital resources and information on the use, preservation, restoration and safe operation of their aircraft in the form of educational opportunities to owners of various other makes and models of aircraft as well. To provide the community with a positive impact from the attendees and tourists who attend the annual and other various events hosted by the organization.

What it reported doing in 2024

Sentimental journey, inc. Was organized to preserve the heritage of piper aircraft corporation, its history and the aircrafts that were built at the former headquarters in lock haven, Pennsylvania from 1937 to 1984. To offer owners of piper aircraft manufactured in lock haven, a source of community, sharing of vital resources and information on the use, preservation, restoration and safe operation of their aircraft in the form of educational opportunities to owners of various other makes and models of aircraft as well. To provide the community with a positive impact from the attendees and tourists who attend the annual and other various events hosted by the organization.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.1%; rating input score 79
  • Program expense ratio: 72.2%; rating input score 72
  • Fundraising efficiency: $2.04 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 16.7%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 8.1% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 79.1% of revenue deployed · 72.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $10K · 12 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.