AIR SERVICES DEVELOPMENT OFFICE INC

EIN: 113142457

WHITESTONE, NY

Total Revenue
$381,346
Total Expenses
$381,346
Total Assets
$137,262
Net Assets
$137,262
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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
1993
Legal Domicile
NY
Principal Officer
WILLIAM HUISMAN
Phone
7187460212
Tax Period
2020-01-01 to 2020-12-31

AIR SERVICES DEVELOPMENT OFFICE INC, founded in 1993, is a small nonprofit that reported $381K in total revenue in fiscal year 2020. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The purpose of the organization is to match airline and aviation business located in the airports with area local businesses, esp small & minority business.

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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 (2020)

Revenue Breakdown

Contributions & Grants $381,346
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $381,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,966
Fundraising Expenses $0
Other Expenses $157,380
TOTAL EXPENSES $381,346

Year-over-Year Comparison

2020 2019 Change
Revenue $381,346 $345,388 +0.1%
Expenses $381,346 $345,388 +0.1%
Net Income $0 $0 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
N/A
Independent Members
N/A
Employees
2
Volunteers
N/A

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alphonzo Greene DIRECTOR N/A
Director
$0 $0 $0
John A Mangano DIRECTOR N/A
Director
$0 $0 $0
Mangano R Shaw DIRECTOR N/A
Director
$0 $0 $0
William Huisman DIRECTOR N/A
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
2020 $381,346 $381,346 $137,262 No data
2019 $345,388 $345,388 $277,028 No data
2018 $421,328 $421,328 $233,648 No data
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