THE INTERNATIONAL AIR CARGO ASSOCIATION INC (EIN 412087428) - 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

2003

Legal Domicile

Principal Officer

GLYN HUGHES

Phone

7862657011

Tax Period

2023-01-01 to 2023-12-31

THE INTERNATIONAL AIR CARGO ASSOCIATION INC, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

INTERNATIONAL AIR LOGISTICS BUSINESS ASSOCIATION

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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 $645,743

Program Service Revenue $402,802

Investment Income $0

Other Revenue $37,348

TOTAL REVENUE $1,085,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,297

Fundraising Expenses $0

Program Expenses $1,051,698

Other Expenses $815,358

TOTAL EXPENSES $1,081,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,085,893	$1,126,106	0.0%
Expenses	$1,081,655	$1,113,556	0.0%
Net Income	$4,238	$12,550	-0.7%

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

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
Steven Polmans	Chairman	001.00	Officer Director	$0	$0	$0
Sanjeev Gadhia	Vice Chairman Secretary General	001.00	Officer Director	$0	$0	$0
Denis Choumert	Treasurer	001.00	Officer Director	$0	$0	$0
Emir Pineda	Secretary	001.00	Officer Director	$0	$0	$0
Roos Bakker	Board Member	001.00	Director	$0	$0	$0
Priscilla Bueno	Board Member	001.00	Director	$0	$0	$0
Bob Chi	Board Member	001.00	Director	$0	$0	$0
Liana Coyne	Board Member	001.00	Director	$0	$0	$0
Kai Domscheit	Board Member	001.00	Director	$0	$0	$0
Manel Galindo	Board Member	001.00	Director	$0	$0	$0
Greg Guillaume	Board Member	001.00	Director	$0	$0	$0
Tushar Jani	Board Member	001.00	Director	$0	$0	$0
Neel Jones Shah	Board Member	001.00	Director	$0	$0	$0
Joe Lawrence	Board Member	001.00	Director	$0	$0	$0
Hendrick Leyssens	Board Member	001.00	Director	$0	$0	$0
Amar More	Board Member	001.00	Director	$0	$0	$0
Turhan Ozen	Board Member	001.00	Director	$0	$0	$0
Kamesh Peri	Board Member	001.00	Director	$0	$0	$0
Massimo Roccasecca	Board Member	001.00	Director	$0	$0	$0
Bertrand Schmoll	Board Member	001.00	Director	$0	$0	$0
Dan Sheehan	Board Member	001.00	Director	$0	$0	$0
Christos Spyrou	Board Member	001.00	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	No data	No data	No data	No data
2023	$1,085,893	$1,081,655	$811,056	$4,238
2022	$1,126,106	$1,113,556	$883,982	$12,550
2021	$507,575	$669,646	$922,385	$-162,071
2020	$522,868	$865,890	$823,428	$-343,022
2019	$875,284	$1,013,140	$1,116,244	$-137,856
2018	$2,113,077	$1,659,295	$1,280,788	$453,782

THE INTERNATIONAL AIR CARGO ASSOCIATION INC