ALASKA AIR CARRIERS ASSOCIATION INC (EIN 237134047) - Form 990 Financial Analysis & Trantor Score

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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

1966

Legal Domicile

Principal Officer

WILL DAY

Phone

9072770071

Tax Period

2023-01-01 to 2023-12-31

ALASKA AIR CARRIERS ASSOCIATION INC, founded in 1966, is a small nonprofit that reported $266K in total revenue in fiscal year 2023. Net assets of $988K represent 45 months of operating reserves.

Mission

OUR MISSION IS TO SUPPORT AND ADVOCATE FOR THE COMMERCIAL AVIATION COMMUNITY. AACA FOSTERS AVIATION SAFETY IN ALASKA AND PROMOTES THE UNIFORM TREATMENT OF AVIATION BUSINESSES. WE PROMOTE THE WELFARE OF OUR MEMBERS BY ADVOCACY, COOPERATION AND EDUCATION AND PROVIDES A FORUM FOR MEMBERS TO EXPRESS THEIR VIEWS WHILE PROVIDING ACCURATE INFORMATION. AACA CAN HELP YOUR AVIATION BUSINESS STAY ON TOP OF THE LATEST REGULATIONS AND MAINTAIN A POWERFUL INDUSTRY PRESENCE.OUR OFFICE WORKS DAILY TO ADVOCATE FOR PASSAGE OF WISE FEDERAL AND STATE REGULATIONS THAT AFFECT OUR MEMBERSHIP, AND CHALLENGE THOSE REGULATIONS THAT STIFLE HEALTHY BUSINESS OR THREATEN SAFE OPERATIONS. WE PROVIDE A SAFE CONDUIT BETWEEN GOVERNMENT AND OUR MEMBERSHIP.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,070

Program Service Revenue $130,196

Investment Income $8,842

Other Revenue $57,048

TOTAL REVENUE $266,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,132

Fundraising Expenses $0

Program Expenses $274,521

Other Expenses $145,389

TOTAL EXPENSES $274,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,156	$249,737	+0.1%
Expenses	$274,521	$148,435	+0.8%
Net Income	$-8,365	$101,302	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$95,000

Total Directors

$95,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA SJOROOS	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN WECKWERTH	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL KNESEK	PRIOR PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN HOSHAW	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT HABBERSTAD	TREASURER	2.00	Officer Director	$0	$0	$0
WILFRED RYAN	DIRECTOR	2.00	Director	$0	$0	$0
BRIEN SALAZAR	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT VAN VALIN	DIRECTOR	2.00	Director	$0	$0	$0
MATT ATKINSON	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE FABRY	DIRECTOR	2.00	Director	$0	$0	$0
JOEY BENETKA	DIRECTOR	2.00	Director	$0	$0	$0
FRED DYEN	DIRECTOR	2.00	Director	$0	$0	$0
JON MEYERS	DIRECTOR	2.00	Director	$0	$0	$0
WILL DAY	EXECUTIVE DIRECTOR	40.00	Officer Director	$95,000	$0	$95,000

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	No data	No data	No data	No data
2023	$266,156	$274,521	$993,292	$-8,365
2022	$249,737	$148,435	$1,065,480	$101,302
2021	$254,626	$145,500	$1,005,238	$109,126
2020	$177,525	$213,036	$953,703	$-35,511
2019	$227,745	$182,009	$939,463	$45,736

ALASKA AIR CARRIERS ASSOCIATION INC