SATELLITE INDUSTRY ASSOCIATION

EIN: 542061534 Community Improvement

WASHINGTON, DC

Total Revenue
$1,443,778
Total Expenses
$1,407,801
Total Assets
$1,363,149
Net Assets
$381,864
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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
2001
Legal Domicile
DC
Principal Officer
THOMAS STROUP
Phone
2025031560
Tax Period
2023-01-01 to 2023-12-31

SATELLITE INDUSTRY ASSOCIATION, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

TO ADVOCATE FOR POLICIES THAT SUPPORT THE SATELLITE INDUSTRY ANDPROMOTE THE USE OF SATELLITE TECHNOLOGY AND SERVICES.

Program Service Accomplishments

Program 1

ESTABLISHED WORKING GROUPS TO PROMOTE SATELLITE INTERESTS IN REGULATORYPOLICIES, GOVERNMENT SERVICES, PUBLIC SAFETY, EXPORT CONTROL POLICY ANDINTERNATIONAL TRADE ISSUES.

Program 2

HOST WORKSHOPS FOR SATELLITE USERS WITH THE DEPARTMENT OF DEFENSE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,408,489
Investment Income $17,715
Other Revenue $17,574
TOTAL REVENUE $1,443,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $659,232
Fundraising Expenses $0
Other Expenses $748,569
TOTAL EXPENSES $1,407,801

Year-over-Year Comparison

2023 2022 Change
Revenue $1,443,778 $1,420,705 +0.0%
Expenses $1,407,801 $1,339,252 +0.1%
Net Income $35,977 $81,453 -0.6%
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

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Governance

Voting Members
16
Independent Members
16
Employees
4
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
5
$462,512
Total Directors
18
$462,512
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS STROUP PRESIDENT 40.00
Officer Director
$340,441 $9,531 $349,972
JENNIFER WILLIAMS SECRETARY, SENIOR DIRECTOR 40.00
Officer Director
$109,472 $3,068 $112,540
JENNIFER WARREN CHAIR 0.00
Officer Director
$0 $0 $0
JULIE ZOLLER VICE CHAIR 0.00
Officer Director
$0 $0 $0
DANIELLE PINERES TREASURER 0.00
Officer Director
$0 $0 $0
STACY FULLER BOARD MEMEBER 0.00
Director
$0 $0 $0
JENNIFER MANNER BOARD MEMEBER 0.00
Director
$0 $0 $0
PETER DAVIDSON BOARD MEMEBER 0.00
Director
$0 $0 $0
STUART DAUGHTRIDGE BOARD MEMEBER 0.00
Director
$0 $0 $0
ASHLEY DURMER BOARD MEMEBER 0.00
Director
$0 $0 $0
KIM BAUM BOARD MEMEBER 0.00
Director
$0 $0 $0
NANCY ESKANAZI BOARD MEMEBER 0.00
Director
$0 $0 $0
BRUCE CATHELL BOARD MEMEBER 0.00
Director
$0 $0 $0
ROBERT LENTZ BOARD MEMEBER 0.00
Director
$0 $0 $0
TIM MORRISON BOARD MEMEBER 0.00
Director
$0 $0 $0
COLIN HAWKINS BOARD MEMEBER 0.00
Director
$0 $0 $0
KARA AZOCAR BOARD MEMEBER 0.00
Director
$0 $0 $0
WLADIMIR BOCQUET BOARD MEMEBER 0.00
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 $1,443,778 $1,407,801 $1,363,149 $35,977
2022 $1,420,705 $1,339,252 $1,355,486 $81,453
2021 $1,078,855 $1,093,358 $892,083 $-14,503
2020 $1,011,185 $1,161,751 $1,166,693 $-150,566
2019 $1,340,174 $1,418,423 $1,013,671 $-78,249
2018 $1,339,202 $1,344,339 $1,017,993 $-5,137
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