AIRLINE GROUP OF THE INTERNATIONAL… - Form 990 Financial Data

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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

1961

Legal Domicile

Principal Officer

David Foster

Phone

2817055433

Tax Period

2024-01-01 to 2024-12-31

AIRLINE GROUP OF THE INTERNATIONAL FEDERATION OF OPERATIONAL RESEARCH, founded in 1961, is a small nonprofit that reported $512K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

The Airline Group of the International Federation of Operational Research Societies (AGIFORS) is a professional society consisting of employees from airlines around the world who get together several times a year to improve the performance of airlines using operational research and present finding at the meetings on methods to save money in scheduling, loading, fuel usage, etc.

Program Service Accomplishments

Program 1

Expenses: $191,292 Revenue: $140,175

Arilines Maintenance and Operations Conference focused on methods and programs to streamline these areas and improve operational and maintenance functions

Program 2

Expenses: $111,621 Revenue: $91,050

This conference symposium where all aspects of airline operations and functions are discussed with a goal of improving overall performance for all airlines

Program 3

Expenses: $93,658 Revenue: $91,175

This conference was focused on revenue management with a goal of maximizing revenue per seat mile and per pound of cargo mile in all airlines.

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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 $511,624

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $511,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $555,087

Other Expenses $555,087

TOTAL EXPENSES $555,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$511,624	$436,513	+0.2%
Expenses	$555,087	$437,927	+0.3%
Net Income	$-43,463	$-1,414	+29.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Foster	President	2	Officer Director	$0	$0	$0
Lisa Noell	Secretary	2	Officer Director	$0	$0	$0
Eric Ruhlin	Treasurer	2	Officer 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
2025	No data	No data	No data	No data
2024	$511,624	$555,087	$311,317	$-43,463
2023	$436,513	$438,065	$360,642	$-1,552
2022	$190,244	$148,832	$362,194	$41,412
2021	$25,789	$53,142	$324,773	$-27,353
2020	$19,779	$60,685	$352,126	$-40,906

AIRLINE GROUP OF THE INTERNATIONAL FEDERATION OF OPERATIONAL RESEARCH