INTERNATIONAL SOCIETY OF AIR SAFET… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

J ERIC PRINCE

Phone

7034309668

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL SOCIETY OF AIR SAFETY INVESTIGATORS, founded in 1964, is a small nonprofit that reported $389K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $335K left a modest 14% surplus.

Mission

ISASI IS ORGANIZED TO PROMOTE THE DEVELOPMENT AND IMPROVEMENT OF AVIATION ACCIDENT AND INCIDENT INVESTIGATION AND AIRCRAFT ACCIDENT PREVENTION ACTIVITIES WITHIN THE INTERNATIONAL AVIATION COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $287,959 Revenue: $389,069

PROMOTES THE DEVELOPMENT AND IMPROVEMENT OF AVIATION ACCIDENT AND INCIDENT INVESTIGATORS BY PROVIDING FOR PROFESSIONAL EDUCATION THROUGH LECTURES, DISPLAYS, PRESENTATIONS AND INFORMATION EXCHANGE.

Program 2

Expenses: $17,141 Revenue: $112

ISASI FORUM, JOURNAL OF THE INTERNATIONAL SOCIETY OF AIR SAFETY INVESTIGATORS, IS A QUARTERLY, 2-COLOR PROFESSIONAL MAGAZINE OF ISASI FOR PROFESSIONAL AVIATION SAFETY INVESTIGATORS. IT HAS A GLOBAL CIRCULATION FOR MEMBERS AND OUTSIDE SUBSCRIBERS. EDITORIAL CONTENT EMPHASIZES ACCIDENT INVESTIGATION FINDINGS, INVESTIGATIVE TECHNIQUES AND EXPERIENCES, REGULATORY ISSUES, DEVELOPMENTS IN INDUSTRY ACCIDENT PREVENTION AND MEMBER INVOLVEMENT. THE MAIN FEATURE OF THE MAGAZINE OFFERS EDITED TECHNICAL PAPERS PRESENTED AT THE ISASI ANNUAL SEMINAR. IN ADDITION, THERE ARE COMMENTARIES BY KEY EXECUTIVES AND SECTIONS DEDICATED TO NEWS ROUNDUP, WHO'S WHO, AND ISASI INFORMATION DESCRIBING ACTIVITIES OF CURRENT INTEREST TO THE MEMBERSHIP.

Program 3

Expenses: $13,732

THE INTERNATIONAL SOCIETY OF AIR SAFETY INVESTIGATORS MAINTAINS A PUBLIC WEBSITE, WWW.ISASI.ORG. THE SITE OFFERS A VARIETY OF AIR SAFETY SUBJECTS FOR INFORMATION AND NETWORKING INCLUDING DETAILED...

THE INTERNATIONAL SOCIETY OF AIR SAFETY INVESTIGATORS MAINTAINS A PUBLIC WEBSITE, WWW.ISASI.ORG. THE SITE OFFERS A VARIETY OF AIR SAFETY SUBJECTS FOR INFORMATION AND NETWORKING INCLUDING DETAILED INFORMATION ABOUT THE ISASI ANNUAL SEMINAR, NATIONAL SOCIETY AND REGIONAL CHAPTER MEETINGS, CORPORATE MEMBERS, ISASI REACHOUT WORKSHOP PROGRAM, VARIOUS ISASI AWARDS, ISASI MANUALS AND GUIDELINES FOR INVESTIGATIONS, INVESTIGATOR TRAINING AND EDUCATION, AN ISASI WORKING GROUPS LISTING, AN ISASI FORUM MAGAZINE ARCHIVE, AND AN EXTENSIVE LIBRARY OF PUBLICATIONS AND GOVERNANCE ITEMS. THERE IS A MEMBERS ONLY SECTION TO FACILITATE MEMBER INTERCOMMUNICATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $142,240

Program Service Revenue $236,282

Investment Income $10,369

Other Revenue $540

TOTAL REVENUE $389,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,235

Fundraising Expenses $0

Program Expenses $334,675

Other Expenses $261,440

TOTAL EXPENSES $334,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,431	$425,024	-0.1%
Expenses	$334,675	$455,341	-0.3%
Net Income	$54,756	$-30,317	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD BALLENTINE	SECRETARY	1.00	Officer	$0	$0	$0
ROBERT CARTER	VICE PRESIDE	1.00	Officer	$0	$0	$0
BARBARA DUNN	PRESIDENT	1.00	Officer	$0	$0	$0
FRANKDEL GANDIO	EXECUTIVE AD	N/A	Officer	$0	$0	$0
J ERIC PRINCE	TREASURER	1.00	Officer	$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	$389,431	$334,675	$468,940	$54,756
2023	$425,024	$455,341	$414,683	$-30,317
2022	$499,141	$260,816	$441,895	$238,325
2021	$158,527	$194,123	$371,608	$-35,596
2020	$99,611	$199,585	$336,457	$-99,974
2019	$255,772	$274,429	$374,150	$-18,657
2018	$337,686	$373,059	$378,633	$-35,373

INTERNATIONAL SOCIETY OF AIR SAFETY INVESTIGATORS