COUNCIL ON AVIATION ACCREDITATION

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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

1991

Legal Domicile

Principal Officer

ELIZABETH BJERKE

Phone

3347489359

Tax Period

2025-01-01 to 2025-12-31

COUNCIL ON AVIATION ACCREDITATION, founded in 1991, is a small nonprofit in the Public & Societal Benefit sector that reported $643K in total revenue in fiscal year 2025. Revenue surged 931% from the prior year, signaling strong growth momentum. Expenses of $572K left a modest 11% surplus.

Mission

TO PROMOTE AND FOSTER EXCELLENCE IN COLLEGIATE AVIATION EDUCATION BY PROVIDING A FORUM FOR STUDENTS, FACULTY, STAFF AND PRACTITIONERS TO SHARE IDEAS, TO ENHANCE THE QUALITY OF EDUCATION, AND TO DEVELOP STRONGER PROGRAMS AND CURRICULA. TO INFLUENCE AVIATION EDUCATION POLICY AT ALL GOVERNMENT LEVELS. TO PROVIDE AND NURTURE THE LINKAGE BETWEEN COLLEGE AVIATION EDUCATION, THE AVIATION INDUSTRY, AND GOVERNMENT AGENCIES.

Program Service Accomplishments

Program 1

Expenses: $472,507 Revenue: $505,452

ACCREDITATION SERVICES PROVIDED TO INSTITUTIONS IN AVIATION MANAGEMENT, AVIATION MAINTANENCE, AVIATION ELECTRONICS, AVIATION STUDIES, FLIGHT EDUCATION, AVIATION SAFETY SCIENCE, AND AIR TRAFFIC...

ACCREDITATION SERVICES PROVIDED TO INSTITUTIONS IN AVIATION MANAGEMENT, AVIATION MAINTANENCE, AVIATION ELECTRONICS, AVIATION STUDIES, FLIGHT EDUCATION, AVIATION SAFETY SCIENCE, AND AIR TRAFFIC CONTROL CURRICULA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $135,811

Program Service Revenue $505,452

Investment Income $2,100

Other Revenue $0

TOTAL REVENUE $643,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $274,002

Fundraising Expenses $0

Program Expenses $472,507

Other Expenses $297,695

TOTAL EXPENSES $571,697

Year-over-Year Comparison

	2025	2024	Change
Revenue	$643,363	$62,412	+9.3%
Expenses	$571,697	$130,075	+3.4%
Net Income	$71,666	$-67,663	-2.1%

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

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH BJERKE	PRESIDENT	14.00	Director	$55,000	$0	$55,000
JULIE SPEAKES	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
LYNNE MCMULLEN	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
KELVIN MASON	TREASURER	2.00	Officer Director	$0	$0	$0
WENDY BECKMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK DUSENBURY	VICE PRESIDENT OF ACCREDITATION	14.00	Director	$45,000	$0	$45,000

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	$643,363	$571,697	$176,331	$71,666
2024	$527,519	$575,264	$183,435	$-47,745
2024	No data	No data	No data	No data
2023	$504,323	$538,996	$225,593	$-34,673
2023	$504,323	$538,996	$225,593	$-34,673
2022	$521,685	$518,177	$252,544	$3,508
2021	$386,874	$376,339	$221,870	$10,535
2020	$399,191	$374,648	$211,814	$24,543
2019	$524,110	$492,201	$195,710	$31,909
2018	$442,608	$440,198	$174,108	$2,410