THE AEROSPACE ALLIANCE C/O VISIONFIRST ADVISORS (EIN 271527095) - Form 990 Financial Analysis & Trantor Score

🔒

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

2009

Legal Domicile

Principal Officer

NANCY BLUM-HEINTZ

Phone

8503219740

Tax Period

2024-01-01 to 2024-12-31

THE AEROSPACE ALLIANCE C/O VISIONFIRST ADVISORS, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $259K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $233K left a modest 10% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO MARKET THE SOUTHEASTERN UNITED STATES AS THE FOURTH LARGEST AEROSPACE AND AVIATION MANUFACTURING CORRIDOR IN THE WORLD BY ADVOCATING FOR POLICIES, PROGRAMS, AND SPECIFIC AEROSPACE PROJECTS ON THE LOCAL, STATE, AND NATIONAL LEVEL, AS WELL AS BY GROWING THE SPACE INITIATIVES IN THE REGION.

🔒

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 $254,850

Program Service Revenue $0

Investment Income $3,834

Other Revenue $0

TOTAL REVENUE $258,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $196,690

Other Expenses $232,929

TOTAL EXPENSES $232,929

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,684	$297,575	-0.1%
Expenses	$232,929	$260,470	-0.1%
Net Income	$25,755	$37,105	-0.3%

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

N/A

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
SUSAN BONNETT BOURGEOIS	SECRETARY	1.00	Director	$0	$0	$0
BILL CORK	DIRECTOR	1.00	Director	$0	$0	$0
JASON MAHON	DEPUTY SECRETARY	1.00	Director	$0	$0	$0
ELLEN MCNAIR	SECRETARY OF COMMERCE	1.00	Director	$0	$0	$0
CATHY CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
HALEY FISACKERLY	PRESIDENT	1.00	Director	$0	$0	$0
GEORGE FREELAND	DIRECTOR	1.00	Director	$0	$0	$0
BOB FUDICKAR	DIRECTOR	1.00	Director	$0	$0	$0
KEITH KENNE	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LYNN	PRESIDENT	1.00	Director	$0	$0	$0
BOBBY SAVOIE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BOB SMITH	ASSISTANT DIRECTOR	1.00	Director	$0	$0	$0
NEAL WADE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WATRET	CHANCELLOR	1.00	Director	$0	$0	$0
SHAWN WELCOME	DIRECTOR	1.00	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
2024	$258,684	$232,929	$147,613	$25,755
2023	$297,575	$260,470	$121,858	$37,105
2022	$272,325	$313,274	$84,754	$-40,949
2021	$235,948	$139,104	$125,704	$96,844
2019	$281,980	$248,876	$34,895	$33,104
2018	$233,451	$282,274	$1,791	$-48,823

THE AEROSPACE ALLIANCE C/O VISIONFIRST ADVISORS