Civic Intelligence

Aviation Information Sharing And

EIN 47-1882005 • 501(c)6 • Annapolis, MD

Profile

To enhance our resiliency and overall security readiness for our global aviation environment.

1997 Annapolis Exchange Pkwy Ste 30Annapolis, MD 21401

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.33x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.41x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$355,008

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

87th percentile

23%

Faster asset growth than 87% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

20%

Faster revenue growth than 83% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,330,551

Up $1,172,423 (+23%) from 2023

Liabilities

Up

$2,076,319

Up $482,082 (+30%) from 2023

Net Assets

Up

$4,254,232

Up $690,341 (+19%) from 2023

Revenue

Up

$5,055,200

Up $858,251 (+20%) from 2023

Expenses

Up

$4,512,236

Up $552,386 (+14%) from 2023

Net Income

Up

$542,964

Up $305,865 (+129%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $774,921Liabilities 2015: $419,708Net Assets 2015: $355,2132015Assets 2016: $1,407,370Liabilities 2016: $429,598Net Assets 2016: $977,7722016Assets 2017: $2,125,027Liabilities 2017: $451,742Net Assets 2017: $1,673,2852017Assets 2018: $2,714,790Liabilities 2018: $634,255Net Assets 2018: $2,080,5352018Assets 2019: $3,520,619Liabilities 2019: $927,906Net Assets 2019: $2,592,7132019Assets 2020: $4,010,525Liabilities 2020: $769,235Net Assets 2020: $3,241,2902020Assets 2021: $5,165,435Liabilities 2021: $1,418,145Net Assets 2021: $3,747,2902021Assets 2022: $4,426,114Liabilities 2022: $1,336,228Net Assets 2022: $3,089,8862022Assets 2023: $5,158,128Liabilities 2023: $1,594,237Net Assets 2023: $3,563,8912023Assets 2024: $6,330,551Liabilities 2024: $2,076,319Net Assets 2024: $4,254,2322024

Highlighted filing

2024

Assets$6,330,551
Liabilities$2,076,319
Net Assets$4,254,232

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $600,182Expenses 2015: $224,083Net Income 2015: $376,0992015Revenue 2016: $1,431,758Expenses 2016: $763,426Net Income 2016: $668,3322016Revenue 2017: $1,831,482Expenses 2017: $1,137,367Net Income 2017: $694,1152017Revenue 2018: $2,039,330Expenses 2018: $1,605,910Net Income 2018: $433,4202018Revenue 2019: $2,828,605Expenses 2019: $2,572,714Net Income 2019: $255,8912019Revenue 2020: $2,690,947Expenses 2020: $2,052,133Net Income 2020: $638,8142020Revenue 2021: $2,922,779Expenses 2021: $2,542,557Net Income 2021: $380,2222021Revenue 2022: $3,454,871Expenses 2022: $3,886,957Net Income 2022: -$432,0862022Revenue 2023: $4,196,949Expenses 2023: $3,959,850Net Income 2023: $237,0992023Revenue 2024: $5,055,200Expenses 2024: $4,512,236Net Income 2024: $542,9642024

Highlighted filing

2024

Revenue$5,055,200
Expenses$4,512,236
Net Income$542,964

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$6,855,343
Mission and Program Overview

Mission

To enhance our resiliency and overall security readiness for our global aviation environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,369,706$4,723,516▲ $1,353,810
Cash and Non-Interest-Bearing Accounts$854,684$557,737▼ $296,947
Accounts Receivable$556,111$550,856▼ $5,255
Prepaid Expenses and Deferred Charges$365,671$483,442▲ $117,771
Land, Buildings, and Equipment, Net$11,956$15,000▲ $3,044
Total Assets$5,158,128$6,330,551▲ $1,172,423
Liabilities
Deferred Revenue-$1,617,740-
Other Liabilities$1,478,541--
Accounts Payable and Accrued Expenses$115,696$458,579▲ $342,883
Total Liabilities$1,594,237$2,076,319▲ $482,082
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,563,891$4,254,232▲ $690,341
Total Net Assets Fund Balance$3,563,891$4,254,232▲ $690,341
Total Liabilities and Net Assets / Fund Balance$5,158,128$6,330,551▲ $1,172,423

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,000$51,593$66,593
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey TroyPresidentFT$355,008$355,008
Robert ForczykSr Intel AnalystFT$191,463$191,463
Ellery Savage JrVP of Membership Marketing EventsFT$181,239$181,239
Jared FalconCyber AnalystFT$163,855$163,855
Kacie GriffithCommunications Marketing ManagerFT$123,836$123,836
Heather WallinovichEvent ManagerFT$101,552$101,552

Board Members and Trustees

NameTitle
Joe DaunceyChair
Eric VautierVice Chair
Brian TalbertDirector
Bruno SpadaDirector
Carrie MillsDirector
Debbie WheelerDirector
Deneen DefioreDirector
Naby DiawDirector
Pascal AndreiDirector
Patrick ReidyDirector
Ron JimersonDirector
Sean SullivanDirector
Shawn IrvingDirector
Candice BurkeSecretary
Murat OranSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
IspiaProfessional ServicesTEREYKENSTRAAT 91, Zepperen, LIMBURG, Be$237,268
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,814,677
Investment Income
$201,022
Other Revenue
$39,501
Change in Net Assets
$542,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,055,200
Revenue Not Reported on Form 990
$167,384
Total Revenue per Audited Statements
$5,222,584
Total Revenue per Form 990
$5,055,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,339,556
Salaries, Compensation, and Employee Benefits$2,115,680
Grants and Similar Amounts Paid$57,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,428,832
Fees for Services Other---$528,982
Current Officers, Directors, Trustees, and Key Employees---$355,008
Travel---$177,387
Payroll Taxes---$130,614
Other Employee Benefits---$124,673
Fees for Services Accounting---$99,071
Conferences and Meetings---$85,567
Pension Plan Contributions---$76,553
Information Technology---$67,995
Grants to Domestic Orgs---$57,000
Office Expenses---$44,642
Fees for Services Legal---$42,068
Depreciation Depletion---$9,931
All Other Expenses---$8,429
Occupancy---$3,908
Insurance---$3,638
Other Expenses---$3,550
Advertising---$1,730
Total Functional Expenses$0$0$0$4,512,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,512,236
Total Expenses per Audited Statements$4,512,236
Total Expenses per Form 990$4,512,236
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Embry-riddle Aeronautical UniversityDaytona Beach, FL501c3Cyber Intelligence$57,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

There are four types of memberships platinum member with a cyber mature company with revenue at or above 2 billion usd pays annual membership dues of 50,000 and receives full membership benefits including alerting/crisis notifications real-time sharing of aviation intelligence and threat data weekly intelligence summaries special intelligence reports analytic exchanges/liasons threat conference calls response and recovery coordination. Membership includes twenty portal access accounts and seven passes to the yearly summit event. A gold member with a cyber mature company with revenue under 2 billion usd pays annual membership dues of 25,000 and receives the membership benefits identifies above with five portal acess accounts and three passes to the yearly summit event. A silver member that is building a cyber mature company or is a sector aligned company trade association and/or other aligned organization such as an information sharing and analysis center pays annual membership dues of 10,000 and receives limited access to strategic and analytic products, one portal access account, and one pass to the yearly summit event. A bronze member that has no cyber capability in the near future but is looking for visibility pays annual membership dues of 1,500 and receives access to airport working group, regional ciso meetings, monthly membership and community meetings, daily and weekly informative memos and industry alerts.

Form 990, Part VI, Line 7A

Each founding member and each platinum and gold member has one vote, to be exercised by its primary representative. Silver members and bronze members are non-voting members. Voting on all matters, including the election of directors, may be conducted by mail or by electronic means, as permitted by law.

Form 990, Part VI, Line 7B

Founding members, platinum members and gold members have the right under delaware law to vote on proposed mergers, sale of substantially all assets and dissolution.

Form 990, Part VI, Line 11B

The return was prepared by the outside accountants and reviewed by senior management.

Form 990, Part VI, Line 12C

All board members, officers, in-kind support and employees are required to annually sign a conflict of interest policy statement. The executive director reviews the policy with each employee and in-kind support. The conflict of interest forms are discussed and signed by the board during a yearly in-person board meeting. For serious and actual conflicts, the individual may have to voluntarily withdraw or be withdrawn involuntarily if necessary - from the a-isac position. For less serious conflicts, the individual generally recuses themselves from part or all of the discussion regarding the issue for which there is conflict and from voting on the issue. Finally, for minor or potential conflicts, full disclosure to a-isac is generally sufficent. A-isacs board of directors has the authority to make determinations on how to proceed in all such cases.

Form 990, Part VI, Line 15A

In determining the total compensation for officers of the organization, the board annually reviews the form 990 of other organizations to ensure compensation is in line with similarly situated organizations. The board of directors documents and approves the compensation package that is offered. The last compensation review took place in december 2022. A-isac has compensated staff, but continues to have in-kind personnel support for day-to-day operations.

Form 990, Part VI, Line 19

Governing documents, conflicts of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Aviation Information Sharing and Analysis Center Inc
EIN
47-1882005
Phone
5132888203
Address
1997 ANNAPOLIS EXCHANGE PKWY STE 30, ANNAPOLIS, MD 21401

Signing Officer

Name
Jeffrey Troy
Title
President
Phone
5132888203
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Troy
Formed
2014
Legal Domicile
De
Voting Board Members
13
Independent Board Members
13
Employees
19
Volunteers
13

Preparer

Firm
Alta CPA Group
Address
59 Franklin St 2nd Floor, Annapolis, MD 21401
Preparer
Jeffrey Griffith
Phone
4103495101
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 DEPARTMENT OF CYBER INTELLIGENCE AND SECURITY FUND FOR EXCELLENCE- PC

Form 990, Part IX, Line 11G

Other professional fees 528,982

Financial Statement Notes

X 2

A-isac is a nonprofit organization recognized as tax-exempt under section 501c6 of the internal revenue code, except as to income from unrelated business activities. No provision for income taxes is required for 2024 or 2023. The organization has processes in place to ensure the maintenance of its tax-exempt status to identify and report unrelated income to determine its filing and tax obligations in jurisdictions for which it has nexus and to identify and evaluate other matters that may be considered tax positions. The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SR INTEL ANALYST
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OF MEMBERSHIP MARKETING EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt3CYBER ANALYST
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMMUNICATIONS MARKETING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EVENT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A-ISAC IS A NONPROFIT ORGANIZATION RECOGNIZED AS TAX-EXEMPT UNDER SECTION 501C6 OF THE INTERNAL REVENUE CODE, EXCEPT AS TO INCOME FROM UNRELATED BUSINESS ACTIVITIES. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR 2024 OR 2023. THE ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS TO IDENTIFY AND REPORT UNRELATED INCOME TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
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