Seamless Alliance 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

2018

Legal Domicile

Phone

8583149789

Tax Period

2024-01-01 to 2024-12-31

Seamless Alliance Inc, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $436K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $401K left a modest 8% surplus.

Mission

To bring industries and technologies together to make thein-flight internet experience simple to access and delightful to use

Program Service Accomplishments

Program 1

Expenses: $401,081

European Space Agency and Seamless Air Alliance sign partnership to accelerate space-based technologies on board airplanes at Farnborough Airshow Ana Sieber, Jetblue appointed as the new chair of the Seamless Air Alliance Forum. Dermot Cahalan, Aviation Market Developement Director, Euteisat Oneweb joins Seamless Air Alliance Board of Directors. Press Release: SLA Building Blocks, Best Practices to Measure IFC Passenger Experience Viper QoE monitoring award Top Airline Tech Inovation 3 GPP approves Seamless Air Alliance use case for aircraft communication services in Joint TN/NTN and multi-orbit deployments.

Program 2

Press Release Seamless Air Alliance to foster the intergration of 3 GPP 5G Non-Terrestrial Networks into the Aviation sector Seamless Air Alliance releases: Report on use of 3 GPP Non - terrestrial Newtorks for Aviation Connectivity. Telesat hosts Seamless Air Alliance Membership Meeting at Satelite 2024 Washington DC Seamless Air Alliance presents Future NTN Connectivity for Aviation USe Cases at ETS Conference on Non-terrestrial Networks Kontron hosts Seamless Air Alliance at Aircraft Interiors Expo 2024 Hamburg Messe Press Release; Open Ecosystem for Aviation Applications, a whitepaper on enhancing passanger experiences with a virtualized platform. Semless Air Alliance Becomes Market Representation Partner for 3 GPP

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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 $0

Program Service Revenue $435,666

Investment Income $0

Other Revenue $0

TOTAL REVENUE $435,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $401,081

Other Expenses $401,081

TOTAL EXPENSES $401,081

Year-over-Year Comparison

	2024	2023	Change
Revenue	$435,666	$500,340	-0.1%
Expenses	$401,081	$622,724	-0.4%
Net Income	$34,585	$-122,384	-1.3%

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

200

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
Thomas Locke	Director	1.00	Director	$0	$0	$0
Ben Griffin	Director	1.00	Director	$0	$0	$0
Dermot Cahalan	Director	1.00	Director	$0	$0	$0
Mark Cheney	Director	0.00	Director	$0	$0	$0
Jack Mandala	N/A	40.00	Officer	$0	$0	$0
Mihaela Ambrozie	SecTreas	1.00	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	$435,666	$401,081	$30,881	$34,585
2023	$484,077	$540,902	$3,155	$-56,825
2022	$500,340	$622,724	$142,242	$-122,384
2021	$418,750	$484,434	$107,590	$-65,684
2020	$550,750	$553,068	$159,016	$-2,318
2019	$870,501	$1,017,571	$249,550	$-147,070
2018	$552,477	$330,996	$259,476	$221,481