INTERNATIONAL SOCIETY OF TRANSPORT… - Form 990 Financial Data

🔒

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

2006

Legal Domicile

Principal Officer

JANET HUYNH

Phone

3123215169

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADING FOUNDATION, founded in 2006, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $289K, a strong 22% operating margin.

Mission

SUPPORT INDIVIDUALS AND INSTITUTIONS THAT PROMOTE THE ADVANCEMENT OF COMMERCIAL AVIATION AND HUMANITARIANISM.

Program Service Accomplishments

Program 1

Expenses: $802,598

THE FOUNDATION SUPPORTS FIVE PROGRAMS THAT FOSTER INTEREST IN, CREATE OPPORTUNITIES FOR, AND PROVIDE ASSISTANCE TO THE GLOBAL AVIATION COMMUNITY. THESE PROGRAMS INCLUDE PROVIDING SCHOLARSHIPS TO...

THE FOUNDATION SUPPORTS FIVE PROGRAMS THAT FOSTER INTEREST IN, CREATE OPPORTUNITIES FOR, AND PROVIDE ASSISTANCE TO THE GLOBAL AVIATION COMMUNITY. THESE PROGRAMS INCLUDE PROVIDING SCHOLARSHIPS TO ACADEMICALLY-QUALIFIED STUDENTS PURSUING AN AVIATION-RELATED DEGREE AT AN ACCREDITED UNIVERSITY; INTERNSHIP OPPORTUNITIES FOR STUDENTS SEEKING CAREERS IN AVIATION; GRANTS TO EDUCATIONAL INSTITUTIONS, MUSEUMS AND OTHER NONPROFIT ORGANIZATIONS THAT NEED FUNDING TO STIMULATE COMMERCIAL AVIATION INTEREST AT VARIOUS ACADEMIC LEVELS; HUMANITARIAN AID EFFORTS, WHEREIN COMMERCIAL AVIATION PLAYS A ROLE; AND STUDENTS THE OPPORTUNITY TO PARTICIPATE IN AN ISTAT UNIVERSITY CERTIFICATE PROGRAM FOCUSING ON AVIATION FINANCE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,054,076

Program Service Revenue $0

Investment Income $248,795

Other Revenue $4,170

TOTAL REVENUE $1,307,041

Expense Breakdown

Grants Paid $604,796

Salaries & Benefits $0

Fundraising Expenses $11,020

Program Expenses $802,598

Other Expenses $412,930

TOTAL EXPENSES $1,017,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,307,041	$1,641,553	-0.2%
Expenses	$1,017,726	$2,104,515	-0.5%
Net Income	$289,315	$-462,962	-1.6%

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

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
SIGTHOR EINARSSON	CHAIR	2.00	Officer Director	$0	$0	$0
PETER HUIJBERS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
GERRY LADERMAN	TREASURER	2.00	Officer Director	$0	$0	$0
CHRISTINE ROVELLI	VICE TREASURER	2.00	Officer Director	$0	$0	$0
MARY PRETTYMAN	ISTAT PRESIDENT	2.00	Officer Director	$0	$0	$0
DEAN GERBER	ISTAT PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JOEY JOHNSEN	DIRECTOR	2.00	Director	$0	$0	$0
KRISTEN CHMIELEWSKI	DIRECTOR	2.00	Director	$0	$0	$0
BRUCE DANKBERG	DIRECTOR	2.00	Director	$0	$0	$0
NICK FADUGBA	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD GOODHEAD	DIRECTOR	2.00	Director	$0	$0	$0
AYOMIDE JIDEOMOLE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW LA STELLA	DIRECTOR	2.00	Director	$0	$0	$0
TRACEY O'BRIEN	DIRECTOR	2.00	Director	$0	$0	$0
JEAN B STEIN	DIRECTOR	2.00	Director	$0	$0	$0
MARK STREETER	DIRECTOR	2.00	Director	$0	$0	$0
JOEL WAGNER	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD WALL	DIRECTOR	2.00	Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR - SMITHBUKLIN	2.00		$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	$1,307,041	$1,017,726	$6,820,859	$289,315
2022	$1,641,553	$2,104,515	$6,523,764	$-462,962
2021	$1,553,509	$1,300,043	$7,610,485	$253,466
2021	$1,533,527	$1,281,129	$7,591,416	$252,398
2020	$1,781,927	$1,751,099	$6,694,432	$30,828
2019	$1,595,908	$1,305,279	$6,082,653	$290,629
2018	$1,484,184	$1,315,244	$5,416,392	$168,940

INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADING FOUNDATION