The Pratt & Whitney Aircraft Club Inc

Nonprofit profile at a glance

EIN
060570970
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
East Hartford, CT, USA
Phone
8605656236
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$397,481
Expenses
$376,915
Assets
$627,054
Liabilities
$41,142

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Matthew Dawson (Vice President)

Highest reported compensation

  • Andrew Roush (Club Manager): $63,693 total reported compensation

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

Overview

Mission

Promote the physical health and emotional well-being of our members. By doing so, we help Pratt & Whitney, RTX, and American Eagle Financial Credit Union employees / members achieve and embrace an active lifestyle that incorporates a strong and positive social atmosphere.

What it reported doing in 2024

We provide recreational, athletic, and social activities which include organized sports leagues for all seasons and daily fitness offerings. The Club provides social gatherings such as club picnics, bus trip opportunities, and retiree events which offer entertainment each month for its members. 700 Members.Club Hosts the CT Special Olympics Softball Tournament with both qualifier and 2 Day Tournament event taking place here each year IAPSACT (Indian American Package Store Association Cricket Tournament) held at Aircraft Club for the past 3 years.Margaritas Restaurant Group annual employee outing/Softball Tournament held at Aircraft Club for the past 5 years.Seasonal Sports LeaguesFALL/Winter: Indoor Coed Volleyball League (2 divisions), Basketball League (2 divisions)Winter/Spring: Coed Indoor Volleyball (2 divisions)Spring/Summer: Coed Soccer, Men's Softball, Coed Softball, Sand VolleyballSummer/Fall: Coed SoccerZumba classes: Tuesday and Friday Nights (NEW in 2024)Pick-up Basketball- 4 days a week: M, T, W, FPick-up Indoor Soccer: T, THTable Tennis 2-3 Nights a weekPickleball (Indoor) on Thursday Nights (NEW as of 2024)Fitness/Weight room open Mon-Fri 7am-8pm for Facility membersBasic membership and Facility membership options: Basic $50 per year which gives access to participate in leagues, Facility $150 per year which is all-encompassing and gives access to fitness room, lockers and showers, pick-up games and league play.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 46
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.2%; rating input score 78
  • Program expense ratio: 78.1%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • 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: 5.2%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 16.9%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: -5.2% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -5.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 78.2% of revenue deployed · 78.1% of spending went to programs
  • Governance: 12 of 12 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $294K in reported program spending
  • Leadership: top reported pay $64K · 11 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.