Civic Intelligence

American Association of Airport

EIN 51-6018128 • 501(c)3 • Alexandria, VA

Profile

The foundation was established to promote the education and professionalism of airport managers. The foundation grants scholarships to aaae members and their dependents.

601 Madison StreetAlexandria, VA 22314

www.airportnet.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$9,972,103

Up $1,356,783 (+16%) from 2023

Liabilities

Down

$46,515

Down $680,761 (-94%) from 2023

Net Assets

Up

$9,925,588

Up $2,037,544 (+26%) from 2023

Operations
Liabilities / Revenue27th percentileNet Margin83rd percentile

Revenue

Down

$1,006,699

Down $1,817,245 (-64%) from 2023

Expenses

Up

$652,343

Up $109,004 (+20%) from 2023

Net Income

Down

$354,356

Down $1,926,249 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

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

$10M$5.0M$0Assets 2010: $2,023,922Liabilities 2010: $78,848Net Assets 2010: $1,945,0742010Assets 2011: $2,138,871Liabilities 2011: $235,009Net Assets 2011: $1,903,8622011Assets 2012: $2,453,563Liabilities 2012: $575,507Net Assets 2012: $1,878,0562012Assets 2013: $2,003,980Liabilities 2013: $4,845Net Assets 2013: $1,999,1352013Assets 2014: $2,103,374Liabilities 2014: $1,745Net Assets 2014: $2,101,6292014Assets 2015: $2,465,798Liabilities 2015: $30,734Net Assets 2015: $2,435,0642015Assets 2016: $2,575,184Liabilities 2016: $63,647Net Assets 2016: $2,511,5372016Assets 2017: $3,595,250Liabilities 2017: $698,941Net Assets 2017: $2,896,3092017Assets 2018: $3,868,509Liabilities 2018: $671,566Net Assets 2018: $3,196,9432018Assets 2019: $4,729,477Liabilities 2019: $607,870Net Assets 2019: $4,121,6072019Assets 2020: $5,314,358Liabilities 2020: $564,080Net Assets 2020: $4,750,2782020Assets 2021: $6,022,647Liabilities 2021: $470,419Net Assets 2021: $5,552,2282021Assets 2022: $5,844,570Liabilities 2022: $900,110Net Assets 2022: $4,944,4602022Assets 2023: $8,615,320Liabilities 2023: $727,276Net Assets 2023: $7,888,0442023Assets 2024: $9,972,103Liabilities 2024: $46,515Net Assets 2024: $9,925,5882024

Highlighted filing

2024

Assets$9,972,103
Liabilities$46,515
Net Assets$9,925,588
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

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

$3.0M$2.0M$1.0M$0Expenses 2010: $198,3142010Expenses 2011: $190,1932011Expenses 2012: $239,6062012Revenue 2013: $308,917Expenses 2013: $187,838Net Income 2013: $121,0792013Revenue 2014: $301,002Expenses 2014: $198,508Net Income 2014: $102,4942014Revenue 2015: $557,089Expenses 2015: $223,654Net Income 2015: $333,4352015Revenue 2016: $383,362Expenses 2016: $306,889Net Income 2016: $76,4732016Revenue 2017: $807,048Expenses 2017: $422,276Net Income 2017: $384,7722017Revenue 2018: $841,825Expenses 2018: $541,191Net Income 2018: $300,6342018Revenue 2019: $991,504Expenses 2019: $526,650Net Income 2019: $464,8542019Revenue 2020: $328,121Expenses 2020: $190,352Net Income 2020: $137,7692020Revenue 2021: $532,371Expenses 2021: $332,441Net Income 2021: $199,9302021Revenue 2022: $574,733Expenses 2022: $393,455Net Income 2022: $181,2782022Revenue 2023: $2,823,944Expenses 2023: $543,339Net Income 2023: $2,280,6052023Revenue 2024: $1,006,699Expenses 2024: $652,343Net Income 2024: $354,3562024

Highlighted filing

2024

Revenue$1,006,699
Expenses$652,343
Net Income$354,356
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,972,103
Liabilities
$46,515
Net assets
$9,925,588
Revenue
$1,006,699
Expenses
$652,343
Net income
$354,356
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.97$0.05$9.93$1.01$0.65$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$0.73$7.89$2.82$0.54$2.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.84$0.90$4.94$0.57$0.39$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.02$0.47$5.55$0.53$0.33$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$0.56$4.75$0.33$0.19$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$0.61$4.12$0.99$0.53$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$0.67$3.20$0.84$0.54$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.70$2.90$0.81$0.42$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.06$2.51$0.38$0.31$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.47$0.03$2.44$0.56$0.22$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.30$0.20$0.10
2013Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.31$0.19$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.58$1.88$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.24$1.90$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.08$1.95$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.0
Gross Receipts
$1,006,699
Mission and Program Overview

Mission

The foundation was established to promote the education and professionalism of airport managers. The foundation grants scholarships to aaae members and their dependents.

The foundation was established to promote the education and professionalism of airport managers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,491,868$7,889,013▲ $3,397,145
Savings and Temporary Cash Investments$2,065,296$1,591,078▼ $474,218
Cash and Non-Interest-Bearing Accounts$1,940,715$148,837▼ $1,791,878
Accounts Receivable$117,441$96,322▼ $21,119
Total Assets$8,615,320$9,972,103▲ $1,356,783
Other Assets Total-$246,853-
Liabilities
Accounts Payable and Accrued Expenses$20,578$44,675▲ $24,097
Other Liabilities$706,698$1,840▼ $704,858
Total Liabilities$727,276$46,515▼ $680,761
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,331,480$5,880,810▲ $1,549,330
Net Assets With Donor Restrictions$3,556,564$4,044,778▲ $488,214
Total Net Assets Fund Balance$7,888,044$9,925,588▲ $2,037,544
Total Liabilities and Net Assets / Fund Balance$8,615,320$9,972,103▲ $1,356,783

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,556,564$496,859▲ $609,457-$4,399,776
2023$2,871,889$407,225▲ $497,177-$3,556,564
2022$3,192,164$188,393▼ $427,141-$2,871,889
2021$2,786,072$208,239▲ $392,601-$3,192,164
2020$2,464,418$121,067▲ $318,924-$2,786,072
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Rick Crider AaeChair
Todd HauptliPresident an
Andrew Martz AaeDirector
Atif Saeed Aae IapDirector
Chad Makovsky Aae IaceDirector
Chris GreeneDirector
Daren Griffin AaeDirector
Devon Brubaker AaeDirector
Ed Foster Aae Iace MbaDirector
Harry Barrett Jr AaeDirector
Jane Lucero Aae AicpDirector
Kevin Bumen Aae CaeDirector
Lenard Robinson AaeDirector
Marc Sethna AaeDirector
Mark Crosby AaeDirector
Mark Witsoe Aae CaeDirector
Melinda Montgomery AaeDirector
Melissa W Cooper AaeDirector
Shawn Dobberstein AaeDirector
Steven Picou Aae AceDirector
Travis Crilly AaeDirector
Tyler Miller Aae AceDirector
Perry Miller Aae IapFirst Past C
Rebecca Hupp AaeFirst Vice C
Mark Gale AaeSecond Past
Marshal Stevens AaeSecond Vice
Patrick Wilson Aae AceSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$720,263
Program Service Revenue
$0
Investment Income
$286,436
Other Revenue
$0
All Other Contributions
$498,782
Change in Net Assets
$354,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$556,196
Other Expenses$96,147
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$556,196--$556,196
Conferences and Meetings$73,661--$73,661
Fees for Services Other$13,216--$13,216
Fees for Services Accounting$4,042--$4,042
Other Expenses$325--$325
Office Expenses$273--$273
Travel$142--$142
Total Functional Expenses$652,343$0$0$652,343
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$1,840
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The american association of airport executives foundation's annual form 990 is reviewed by the audit committee. The completed form 990 is sent electronically to each member for their review. All comments are collected by the audit committee chair and addressed with staff.”

Form 990, Page 6, Part VI, Line 19

“The foundation makes the governing documents, conflict of interest policy and financial documents available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
American Association of Airport
EIN
51-6018128
Phone
7038240500
Address
601 MADISON STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Todd Hauptli
Title
President and CEO
Phone
7035782519
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Hauptli
Formed
1957
Legal Domicile
Il
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
83

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
150 S EAST ST STE 103, FREDERICK, MD 21701-6175
Preparer
Clint Lehman CPA
Phone
3012507400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Gross up py intercompany activity 854,593”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Permanently restricted net assets are restricted to investments in perpetuity, the income from which is expendable to support scholarships. Amounts totaling 4,044,778 are permanently restricted to the foundation's educational scholarship program.”

Raw XML AppendixShowing 400 of 635 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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