INTERNATIONAL AEROSPACE QUALITY GROUP (EIN 981243515) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

ERIC JEFFERIES

Phone

2152811464

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL AEROSPACE QUALITY GROUP, founded in 2013, is a community nonprofit in the Community Improvement sector that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROTECT AND DEVELOP THE INTERNATIONAL INTERESTS OF THE AVIATION, SPACE AND DEFENSE INDUSTRIES THROUGH THE IMPLEMENTATION OF QUALITY MANAGEMENT SYSTEM. FEES AND ALL OTHER REVENUE WILL BE USED TO FURTHER THE PURPOSE OF THE IAQG. THE IAQG COMPRISES AVIATION, SPACE, AND DEFENSE COMPANIES, DIVIDED INTO THREE GEOGRAPHIC SECTORS: (1) THE AMERICAS, (2) EUROPE, AND (3) ASIA-PACIFIC. THE MISSION OF THE IAQG IS TO IMPLEMENT QUALITY INITIATIVES THAT MAKE IMPROVEMENTS THROUGHOUT THE VALUE STREAM OF PRODUCTS AND SERVICES. THE IAQG: - PROMOTES QUALITY CULTURE; - ESTABLISHES AND MAINTAINS QUALITY MANAGEMENT SYSTEM STANDARDS AND CERTIFICATION SYSTEM, RECOGNIZED BY INTERNATIONAL NORMALIZATION BODIES AND REGULATORY AND GOVERNMENTAL AGENCIES; - COLLECTS AND OFFERS BEST PRACTICES AND PROCESSES; - PROMOTES COOPERATION BETWEEN INTERNATIONAL AVIATION, SPACE AND DEFENCE COMPANIES; AND - MAINTAINS RELATIONSHIPS WITH REGULATORY AND GOVERNMENTAL AGENCIES AND OTHER INDUSTRY STAKEHOLDERS.

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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 $3,933,944

Investment Income $223,974

Other Revenue $0

TOTAL REVENUE $4,157,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,356

Fundraising Expenses $0

Other Expenses $4,279,573

TOTAL EXPENSES $4,358,929

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,157,918	$3,794,237	+0.1%
Expenses	$4,358,929	$4,195,391	+0.0%
Net Income	$-201,011	$-401,154	-0.5%

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

150

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

$79,356

Total Directors

$79,356

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX VALDERREY	TREASURER	30.00	Officer Director	$79,356	$0	$79,356
SIEGFRIED BRAUNER	DIRECTOR	0.50	Director	$0	$0	$0
ERIC DUBOIS	DIRECTOR	0.50	Director	$0	$0	$0
AMIE EMERSON	DIRECTOR	0.50	Director	$0	$0	$0
JEFF EWING	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT HAARMANN	DIRECTOR	0.50	Director	$0	$0	$0
ANNIKA HOLM	DIRECTOR	0.50	Director	$0	$0	$0
TAKASHI IKEZAKI	DIRECTOR	0.50	Director	$0	$0	$0
OLIVER KRAATZ	DIRECTOR	0.50	Director	$0	$0	$0
ANDRE LACROIX	DIRECTOR	0.50	Director	$0	$0	$0
PETE LUKSAS	DIRECTOR	0.50	Director	$0	$0	$0
MARLENE MEADOWS	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA NEGROE	DIRECTOR	0.50	Director	$0	$0	$0
MIN-GOO PARK	DIRECTOR	0.50	Director	$0	$0	$0
HAIBO QU	DIRECTOR	0.50	Director	$0	$0	$0
MARISELA RAYES	DIRECTOR	0.50	Director	$0	$0	$0
SHINEI TAKAHASHI	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN TENNEY	DIRECTOR	0.50	Director	$0	$0	$0
ANNE VALDEZ	DIRECTOR	0.50	Director	$0	$0	$0
MARK VOGEL	DIRECTOR	0.50	Director	$0	$0	$0
SUGURU WATANABE	DIRECTOR	0.50	Director	$0	$0	$0
JON WANDLESS	DIRECTOR	0.50	Director	$0	$0	$0
SONNY WILKINS	DIRECTOR	0.50	Director	$0	$0	$0
JIANQIANG XU	DIRECTOR	0.50	Director	$0	$0	$0
CAGLAR YARAR	DIRECTOR	0.50	Director	$0	$0	$0
FORTUNATO GIARDINA	EUROPEAN SECTOR CHAIR	3.50	Officer Director	$0	$0	$0
SUGURU WATANABE ASIA-PACIFIC	SECTOR CHAIR	3.50	Officer Director	$0	$0	$0
MIKI UEHARA ASIA-PACIFIC	CHAIR	3.50	Officer Director	$0	$0	$0
ERIC JEFFERIES	PRESIDENT	3.50	Officer 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	$4,157,918	$4,358,929	$10,279,312	$-201,011
2023	$3,794,237	$4,195,391	$9,455,039	$-401,154
2022	$3,697,583	$3,299,938	$9,835,372	$397,645
2021	$3,573,772	$3,095,564	$9,601,277	$478,208
2020	$3,153,317	$2,768,809	$8,476,822	$384,508
2019	$2,787,730	$3,322,738	$7,873,600	$-535,008
2018	$2,919,241	$2,959,149	$7,438,095	$-39,908

INTERNATIONAL AEROSPACE QUALITY GROUP