WOMEN IN AEROSPACE INC

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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

1985

Legal Domicile

Principal Officer

ANNETTE SUMMERS

Phone

2025470229

Tax Period

2023-01-01 to 2023-12-31

WOMEN IN AEROSPACE INC, founded in 1985, is a small nonprofit that reported $265K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $46K, a strong 17% operating margin.

Mission

WOMEN IN AEROSPACE (WIA) IS DEDICATED TO EXPANDING WOMEN'S OPPORTUNITIES FOR LEADERSHIP AND INCREASING THEIR VISIBILITY IN THE AEROSPACE COMMUNITY. OUR MEMBERSHIP - WOMEN AND MEN - SHARES AN INTEREST IN A BROAD SPECTRUM OF AEROSPACE ISSUES, INCLUDING HUMAN SPACE FLIGHT, AVIATION, REMOTE SENSING, SATELLITE COMMUNICATIONS, ROBOTIC SPACE EXPLORATION, AND THE POLICY ISSUES SURROUNDING THESE FIELDS.

Program Service Accomplishments

Program 1

CONFERENCES AND MEETINGS - TO FACILITATE DISCUSSION OF ISSUES FACING WOMEN, AS WELL AS THE AEROSPACE INDUSTRY AS A WHOLE, WIA ORGANIZES EVENTS IN WASHINGTON, D.C., AT AEROSPACE CONFERENCES AND...

CONFERENCES AND MEETINGS - TO FACILITATE DISCUSSION OF ISSUES FACING WOMEN, AS WELL AS THE AEROSPACE INDUSTRY AS A WHOLE, WIA ORGANIZES EVENTS IN WASHINGTON, D.C., AT AEROSPACE CONFERENCES AND MEETINGS AROUND THE WORLD, VIA WEB AND TELECON FOR PROFESSIONAL DEVELOPMENT AND THROUGH NETWORKS IN LOCAL COMMUNITIES. OUR MEMBER PROGRAMMING IS DIRECTED TOWARD ISSUES OF IMPORTANCE TO THE AEROSPACE INDUSTRY AS A WHOLE, AND FOCUSES ON SPECIFIC TOPICS OF INTEREST TO OUR MEMBERS.

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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 $37

Program Service Revenue $264,699

Investment Income $457

Other Revenue $0

TOTAL REVENUE $265,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $219,689

TOTAL EXPENSES $219,689

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,193	$305,708	-0.1%
Expenses	$219,689	$298,922	-0.3%
Net Income	$45,504	$6,786	+5.7%

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
BRIDGET L CHATMAN	CHAIR	2.00	Officer Director	$0	$0	$0
JENNIFER L HANLEY	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
G SCOTT YEAKEL	TREASURER	2.00	Officer Director	$0	$0	$0
MILE CORRIGAN	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON T EDEN	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN GANOTE	DIRECTOR	2.00	Director	$0	$0	$0
DR FELICIA JONES	DIRECTOR	2.00	Director	$0	$0	$0
BLAKE BULLOCK	DIRECTOR	2.00	Director	$0	$0	$0
HOPE DAMPHOUSSE	DIRECTOR	2.00	Director	$0	$0	$0
AMY RODRIGUES	DIRECTOR	2.00	Director	$0	$0	$0
DR REBECCA SPYKE KEISER	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL L MCNEAL	DIRECTOR	2.00	Director	$0	$0	$0
ANGELA RICHARD	DIRECTOR	2.00	Director	$0	$0	$0
S SITA SONTY	DIRECTOR	2.00	Director	$0	$0	$0
DEIRDRE WALSH	DIRECTOR	2.00	Director	$0	$0	$0
ANNETTE SUMMERS	EXECUTIVE DIRECTOR	2.00	Officer	$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	$265,193	$219,689	$537,499	$45,504
2022	$305,708	$298,922	$483,773	$6,786
2021	$278,607	$192,853	$476,987	$85,754
2019	$222,214	$206,535	$403,100	$15,679
2018	$257,545	$213,655	$388,434	$43,890