AIRCRAFT MANUFACTURERS FLIGHT TRAINING ASSOCIATION INC

EIN: 863583038 Recreation & Sports

WILMINGTON, DE

Total Revenue
$200,000
Total Expenses
$115,274
Total Assets
$228,069
Net Assets
$228,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Principal Officer
MARK ALBERT
Phone
3034542549
Tax Period
2023-01-01 to 2023-12-31

AIRCRAFT MANUFACTURERS FLIGHT TRAINING ASSOCIATION INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $200K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 42% operating margin.

Mission

THE PURPOSE OF THIS ASSOCIATION IS TO DEVELOP AND PROVIDE RECOMMENDATIONS REGARDING FLIGHT TRAINING. TRAINING-RELATED OPERATIONS INTEND TO ENHANCE FLIGHT SAFETY AND GLOBAL COMPETENCY FOR CURRENT AND FUTURE PILOTS/FLIGHT CREWS, INTENDING TO HARMONIZE FLIGHT TRAINING STANDARDS GLOBALLY. AMFTA'S ACTIVITIES INCLUDE: 1. DEVELOPING AND COMMUNICATING RECOMMENDATIONS REGARDING AVIATION TRAINING TO REGULATORY BODIES, INCLUDING THE U.S. FEDERAL AVIATION ADMINSTRATION (FAA), THE EUROPEAN UNION AVIATION SAFETY AGENCY (EASA), THE CIVIL AVIATION ADMINSTRATION OF CHINA (CAAC), AND THE NATIONAL CIVIL AVIATION AGENCY OF BRAZIL (ANAC), THE DIRECTORATE GENERAL OF CIVIL AVIATION OF INDIA (DGCA) AS WELL AS THE INTERNATIONAL CIVIL AVIATION ORGANIZATION (ICAO) AND THE INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA). OTHER GLOBAL REGULATORY BODIES MAY BE ADDED IN THE FUTURE. RECOMMENDATIONS SUBMITTED TO INTERNATIONAL REGULATORY BODIES WILL BE AVAILABLE ON THE AMFTA WEBSITE. 2. DEVELOPMENT OF WORKING GROUPS TO

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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 $200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $115,274
TOTAL EXPENSES $115,274

Year-over-Year Comparison

2023 2022 Change
Revenue $200,000 $200,000 N/A
Expenses $115,274 $156,440 -0.3%
Net Income $84,726 $43,560 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK ALBERT TREASURER 1.00
Officer Director
$0 $0 $0
JEAN-MICHEL BIGARRE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSANNAH CRABOL SECRETARY 0.50
Officer Director
$0 $0 $0
STEPHAN LABRUCHERIE CHAIR 0.50
Officer Director
$0 $0 $0
ALEXANDRE TORIBIO DIRECTOR 0.50
Director
$0 $0 $0
JIN YIBIN DIRECTOR 0.50
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 $200,000 $115,274 $228,069 $84,726
2022 $200,000 $156,440 $143,343 $43,560
2021 $240,025 $140,242 $99,783 $99,783
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