Travel Tech The Travel Technology Association

EIN: 943293419

Arlington, VA

Total Revenue
$1,417,920
Total Expenses
$1,488,248
Total Assets
$1,082,636
Net Assets
$955,297
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Phone
7032148878
Tax Period
2023-01-01 to 2023-12-31

Travel Tech The Travel Technology Association, founded in 1998, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2018. Revenue decreased 12% compared to the prior year.

Mission

The Travel Technology Association Travel Tech is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. Travel Tech represents the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, travel management companies, and short-term rental platforms.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $1,344,135
Investment Income $23,785
Other Revenue $0
TOTAL REVENUE $1,417,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $546,951
Fundraising Expenses $0
Other Expenses $941,297
TOTAL EXPENSES $1,488,248

Year-over-Year Comparison

2023 2022 Change
Revenue $1,417,920 $1,011,370 +0.4%
Expenses $1,488,248 $1,188,078 +0.3%
Net Income $-70,328 $-176,708 -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

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
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
2
$335,891
Total Directors
10
$335,891
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Chadwick President and CEO 040.00
Officer Director
$315,000 $20,891 $335,891
Kelly Kolb Chair 004.00
Officer Director
$0 $0 $0
Maryam Mujica Treasurer 001.00
Director
$0 $0 $0
Jason Park Secretary 001.00
Director
$0 $0 $0
Greg Sivinski Director 001.00
Director
$0 $0 $0
Caitlin Brosseau Director 001.00
Director
$0 $0 $0
Phil Nicholas Director 001.00
Director
$0 $0 $0
Meaghan Lynch Director 001.00
Director
$0 $0 $0
Martin Nolan Director 001.00
Director
$0 $0 $0
Jean-Philippe Monod Director 001.00
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 $1,417,920 $1,488,248 $1,082,636 $-70,328
2022 $1,011,370 $1,188,078 $1,125,183 $-176,708
2021 $809,165 $1,056,537 $1,330,686 $-247,372
2020 $1,469,490 $1,189,645 $1,517,414 $279,845
2019 $2,242,982 $2,039,947 $1,483,363 $203,035
2018 $2,054,312 $1,999,127 $1,501,869 $55,185
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