International Aviation Womens Association

EIN: 954277780 Community Improvement

Leesburg, VA

Total Revenue
$813,905
Total Expenses
$660,648
Total Assets
$694,471
Net Assets
$638,210
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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
2003
Legal Domicile
DE
Principal Officer
Karen Ellis
Phone
8565998100
Tax Period
2023-01-01 to 2023-12-31

International Aviation Womens Association, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $814K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 19% operating margin.

Mission

TO CULTIVATE AND ADVANCE WOMEN LEADERS IN THE AVIATION AND AEROSPACE INDUSTRIES THROUGH A GLOBAL NETWORK.

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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 $811,969
Investment Income $1,936
Other Revenue $0
TOTAL REVENUE $813,905

Expense Breakdown

Grants Paid $65,282
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $595,366
TOTAL EXPENSES $660,648

Year-over-Year Comparison

2023 2022 Change
Revenue $813,905 $638,729 +0.3%
Expenses $660,648 $505,130 +0.3%
Net Income $153,257 $133,599 +0.1%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
115

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
12
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY GUILFOYLE PRESIDENT 10.0
Officer Director
$0 $0 $0
DEBRA SANTOS PRESIDENT-ELECT/COO 5.0
Officer Director
$0 $0 $0
ANN ThorNton Field Treasurer/Secretary 5.0
Officer Director
$0 $0 $0
CONNIE AVERY VP ANNUAL CONFERENCE 10.0
Officer Director
$0 $0 $0
SHELLEY SVOREN VP LEADER DEVEL. (NEXT GEN) 5.0
Officer Director
$0 $0 $0
MC ERNST VP OF AMERICAS 5.0
Officer Director
$0 $0 $0
CRISTIANE DART VP MARKETING AND COMMS 5.0
Officer Director
$0 $0 $0
KAREN ELLIS VP ASSOCIATION DEVELOPMENT 5.0
Officer Director
$0 $0 $0
SHEILA REMES VP MEMBERSHIP 5.0
Officer Director
$0 $0 $0
SOPHIA GHEZAI VP EVENTS 10.0
Officer Director
$0 $0 $0
SELDA KONUKCU REGIONAL VP OF ASIA/ME 5.0
Officer Director
$0 $0 $0
MARITA LINTENER REGIONAL VP OF EURO/AFRICA 5.0
Officer Director
$0 $0 $0
BOBBI WELLS PAST-PRESIDENT 2.0
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 $813,905 $660,648 $694,471 $153,257
2022 $638,729 $505,130 $538,861 $133,599
2021 $537,481 $670,097 $416,978 $-132,616
2020 $277,654 $297,073 $507,688 $-19,419
2019 $583,884 $622,067 $509,410 $-38,183
2018 $718,179 $657,633 $550,044 $60,546
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