International Aviation Womens Association
- Assets
- $538.9k
- Revenue
- $638.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 95-4277780
Organization Overview
International Aviation Womens Association is located in Leesburg, VA. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Aviation Womens Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, International Aviation Womens Association generated $638.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $505.1k during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE AND ADVANCE WOMEN LEADERS IN THE AVIATION AND AEROSPACE INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVING OUR MISSION THROUGH: ANNUAL CONFERENCES, REGIONAL RECEPTIONS AND CONNECTS, WEBINARS, MEMBER NEWS & VIEWS, EMAIL ALERTS, SCHOLARSHIPS, AND MENTORING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Guilfoyle President | OfficerTrustee | 10 | $0 |
Debra Santos President-Elect/coo | OfficerTrustee | 5 | $0 |
Ann Thornton Field Treasurer/secretary | OfficerTrustee | 5 | $0 |
Connie Avery VP Association Developm | OfficerTrustee | 5 | $0 |
Shelley Svoren VP Leader Development (next Gen) | OfficerTrustee | 5 | $0 |
Mc Ernst VP Of Americas | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stringfellow Management Group Management | 12/30/19 | $130,785 |
Cien Pier Producciones Event Planner | 12/30/19 | $107,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $638,720 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $638,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $126,718 |
| Fees for services: Legal | $1,968 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,046 |
| Advertising and promotion | $0 |
| Office expenses | $2,585 |
| Information technology | $10,539 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $263,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,034 |
| All other expenses | $0 |
| Total functional expenses | $505,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,336 |
| Savings and temporary cash investments | $94,756 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $105,769 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $538,861 |
| Accounts payable and accrued expenses | $42,891 |
| Grants payable | $0 |
| Deferred revenue | $40,300 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $83,191 |
| Net assets without donor restrictions | $455,670 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $538,861 |
Grants Awarded
Over the last fiscal year, International Aviation Womens Association has awarded $20,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EMBREY RIDDLE AERONAUTICAL UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
SMU AIR LAW SYMPOSIUM PURPOSE: SCHOLARSHIP | $5,000 |
VAUGHN COLLEGE OF AERONAUTIC PURPOSE: SCHOLARSHIP | $10,000 |