Airforwarders Association

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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

1991

Legal Domicile

Principal Officer

Brandon Fried

Phone

2025779536

Tax Period

2024-01-01 to 2024-12-31

Airforwarders Association, founded in 1991, is a small nonprofit that reported $906K in total revenue in fiscal year 2024. The organization ran a surplus of $205K, a strong 23% operating margin.

Mission

To be an effective advocate for the Airforwarders Association members and to provide information and education to the air and expedited freight forwarding industry.

Program Service Accomplishments

Program 1

Membership: The Airforwarders Association (AfA) represents nearly 400 member companies dedicated to moving cargo throughout the supply chain. The Association's members range from small businesses...

Membership: The Airforwarders Association (AfA) represents nearly 400 member companies dedicated to moving cargo throughout the supply chain. The Association's members range from small businesses with fewer than 20 employees to large companies employing more than 1,000 people and business models varying from domestic to worldwide freight forwarding operations. In short, they are the travel agents for freight shipments, moving cargo in the timeliest and most cost efficient manner whether it is carried on aircraft, truck, rail or ship.See Schedule O for continuation

Program 2

Annual Conference: The Annual Conference brings together all actors in the air cargo supply chain in one location to discuss trends, challenges, opportunities and the future of the air cargo...

Annual Conference: The Annual Conference brings together all actors in the air cargo supply chain in one location to discuss trends, challenges, opportunities and the future of the air cargo industry. Airlines, airport authorities, freight forwarders, truckers and expediting companies along with the vendors who support them are all in one place. Sessions cover management challenges and solutions, technology, regulatory agency updates and more.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $875,871

Investment Income $28,379

Other Revenue $1,681

TOTAL REVENUE $905,931

Expense Breakdown

Grants Paid $0

Salaries & Benefits $265,972

Fundraising Expenses $0

Other Expenses $435,067

TOTAL EXPENSES $701,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$905,931	$882,377	+0.0%
Expenses	$701,039	$633,812	+0.1%
Net Income	$204,892	$248,565	-0.2%

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

$241,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kirk McCann	Chairman	1.00	Officer Director	$0	$0	$0
Bob Imbriani	President	1.00	Officer Director	$0	$0	$0
Aaron Ambrite	Vice-President	1.00	Officer Director	$0	$0	$0
Noel Howard	Secretary	1.00	Officer Director	$0	$0	$0
Jarrett Williams	Treasurer	1.00	Officer Director	$0	$0	$0
Amanda Barlow	Director	1.00	Director	$0	$0	$0
Jacob Fisher	Director	1.00	Director	$0	$0	$0
Matt Castle	Director	1.00	Director	$0	$0	$0
David King	Director	1.00	Director	$0	$0	$0
Dennis Mitchell	Director	1.00	Director	$0	$0	$0
Alan White	Director	1.00	Director	$0	$0	$0
Richard Garcia	Director	1.00	Director	$0	$0	$0
Sandy Gregory	Director	1.00	Director	$0	$0	$0
Warren Jones	Director	1.00	Director	$0	$0	$0
Kendra Tanner	Director	1.00	Director	$0	$0	$0
Brandon Fried	Executive Director	40.00	Officer	$241,680	$0	$241,680

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	$905,931	$701,039	$1,139,469	$204,892
2023	$882,377	$633,812	$992,181	$248,565
2022	$644,900	$542,177	$688,026	$102,723
2021	$494,422	$464,615	$631,566	$29,807
2020	$643,955	$550,764	$472,518	$93,191
2019	$567,684	$539,955	$368,927	$27,729
2018	$510,951	$449,441	$348,911	$61,510