American Helicopter Society International Inc

Nonprofit profile at a glance

EIN
131953506
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Fairfax, VA, USA
Phone
7036846777
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,602,938
Expenses
$3,050,953
Assets
$2,153,159
Liabilities
$1,587,779

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

46 people listed

Executive titles in this filing

  • ARVIND SINHA (VICE PRESIDENT)
  • BILL MCCANDLESS (VICE PRESIDENT)
  • BRYAN BASKIN (VICE PRESIDENT (LEFT 06/30/24))
  • CHANTAL BOUCHER (VICE PRESIDENT (LEFT 06/30/24))
  • CHARLES SVOBODA (VICE PRESIDENT)
  • DR COLIN THEODORE (VICE PRESIDENT)

Highest reported compensation

  • ANGELO N COLLINS (EXECUTIVE DIRECTOR): $220,440 total reported compensation
  • MICHAEL HIRSCHBERG (DIRECTOR OF STRATEGY): $191,697 total reported compensation
  • DAVID RENZI (DIRECTOR OF MEETINGS & ADS): $135,877 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide opportunity for technical data exchange and dissemination; host an online presence for networking and communications, promote awareness of vertical flight capabilities, challenges, and development; engage in community outreach and advocate for publicpolicy consistent with the goals of the society; leverage the technical base to explore innovation; and foster a diverse and inclusive environment that promotes careers and professional advancement in vertical flight.

What it reported doing in 2024

Annual forum, meetings, and other events: throughout the year, the vertical flight society organizes and co-sponsors several regional and international conferences around the world that facilitate the advancement of the theory and practices of helicopter and other vtol aircraft technology. Whether smaller (100-400 person) regional or technical specialists' meetings or our annual forum - the biggest and best vertical flight technical event in the world, with more than 1,300 attendees - every event is designed to impart as much knowledge and understanding as possible, as well as provide networking contacts and excitement about the future of vertical flight.annual forum provides a forum for the exchange of technical & developmental information with respect to vertical flight technology - material is maintained and distributed to help advance vertical flight technology. Due to the pandemic, the forum was held virtually.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 66
  • Accountability: 77
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.2%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.74; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 29.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 0.4% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 21st percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.3% of spending went to programs
  • Governance: 26 of 26 board members independent · 4 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $220K · 46 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.