Civic Intelligence

National Aeronautic Association Inc

EIN 53-0196615 • 501(c)3 • Arlington, VA

Profile

To advance the art, sport, and science of aviation and space flight by fostering opportunities to participate fully in the aviation activities and by promoting public understanding of the importance of aviation and space flight in the United States.

Reagan National Airport Hanger 7Arlington, VA 22202

naa.aero

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.06x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-6.2%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$236,921

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

42nd percentile

0.7%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-6.0%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,162,391

Up $8,394 (+0.7%) from 2023

Liabilities

Down

$55,622

Down $34,514 (-38%) from 2023

Net Assets

Up

$1,106,769

Up $42,908 (+4.0%) from 2023

Operations
Liabilities / Revenue46th percentileNet Margin27th percentile

Revenue

Down

$945,823

Down $60,308 (-6.0%) from 2023

Expenses

Down

$1,004,054

Down $176,137 (-15%) from 2023

Net Income

Up

-$58,231

Up $115,829 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $850,763Liabilities 2011: $198,215Net Assets 2011: $652,5482011Assets 2012: $1,077,664Liabilities 2012: $220,779Net Assets 2012: $856,8852012Assets 2013: $1,205,063Liabilities 2013: $82,178Net Assets 2013: $1,122,8852013Assets 2014: $1,303,753Liabilities 2014: $92,728Net Assets 2014: $1,211,0252014Assets 2015: $1,312,935Liabilities 2015: $80,888Net Assets 2015: $1,232,0472015Assets 2016: $1,079,954Liabilities 2016: $62,044Net Assets 2016: $1,017,9102016Assets 2017: $1,195,957Liabilities 2017: $131,435Net Assets 2017: $1,064,5222017Assets 2018: $1,190,525Liabilities 2018: $72,622Net Assets 2018: $1,117,9032018Assets 2019: $1,332,852Liabilities 2019: $127,832Net Assets 2019: $1,205,0202019Assets 2020: $1,439,432Liabilities 2020: $138,577Net Assets 2020: $1,300,8552020Assets 2021: $1,503,446Liabilities 2021: $135,032Net Assets 2021: $1,368,4142021Assets 2022: $1,276,984Liabilities 2022: $106,423Net Assets 2022: $1,170,5612022Assets 2023: $1,153,997Liabilities 2023: $90,136Net Assets 2023: $1,063,8612023Assets 2024: $1,162,391Liabilities 2024: $55,622Net Assets 2024: $1,106,7692024

Highlighted filing

2024

Assets$1,162,391
Liabilities$55,622
Net Assets$1,106,769
Open 2024 Filing

Operations Trend

Revenue Growth28th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $694,0612011Revenue 2012: $1,117,008Expenses 2012: $934,862Net Income 2012: $182,1462012Revenue 2013: $1,118,592Expenses 2013: $840,112Net Income 2013: $278,4802013Revenue 2014: $1,079,838Expenses 2014: $981,635Net Income 2014: $98,2032014Revenue 2015: $1,051,931Expenses 2015: $994,947Net Income 2015: $56,9842015Revenue 2016: $880,145Expenses 2016: $1,119,698Net Income 2016: -$239,5532016Revenue 2017: $1,008,292Expenses 2017: $978,038Net Income 2017: $30,2542017Revenue 2018: $1,193,511Expenses 2018: $1,079,066Net Income 2018: $114,4452018Revenue 2019: $1,093,545Expenses 2019: $1,106,931Net Income 2019: -$13,3862019Revenue 2020: $974,773Expenses 2020: $971,053Net Income 2020: $3,7202020Revenue 2021: $1,016,768Expenses 2021: $977,824Net Income 2021: $38,9442021Revenue 2022: $970,052Expenses 2022: $1,011,722Net Income 2022: -$41,6702022Revenue 2023: $1,006,131Expenses 2023: $1,180,191Net Income 2023: -$174,0602023Revenue 2024: $945,823Expenses 2024: $1,004,054Net Income 2024: -$58,2312024

Highlighted filing

2024

Revenue$945,823
Expenses$1,004,054
Net Income-$58,231
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,162,391
Liabilities
$55,622
Net assets
$1,106,769
Revenue
$945,823
Expenses
$1,004,054
Net income
-$58,231
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.06$1.11$0.95$1.00$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.15$0.09$1.06$1.01$1.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.11$1.17$0.97$1.01$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.50$0.14$1.37$1.02$0.98$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.44$0.14$1.30$0.97$0.97$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.13$1.21$1.09$1.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.07$1.12$1.19$1.08$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.13$1.06$1.01$0.98$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.06$1.02$0.88$1.12$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.08$1.23$1.05$0.99$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.09$1.21$1.08$0.98$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.08$1.12$1.12$0.84$0.28
2012Summary only. Only limited summary data is available for this year.$1.08$0.22$0.86$1.12$0.93$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.20$0.65$0.69
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$945,823
Mission and Program Overview

Mission

To advance the art, sport and science of aviation and space flight by fostering opportunities to participate fully in the aviation activities and by promoting public understanding of the importance of aviation and space flight in the united states.

Dedicated to the advancement of the art, sport, and science of aviation in the United States.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$625,679$779,099▲ $153,420
Cash and Non-Interest-Bearing Accounts$328,271$173,141▼ $155,130
Accounts Receivable$73,118$108,398▲ $35,280
Savings and Temporary Cash Investments$64,155$42,031▼ $22,124
Prepaid Expenses and Deferred Charges$16,912$24,373▲ $7,461
Land, Buildings, and Equipment, Net$22,278$15,882▼ $6,396
Inventories for Sale or Use$9,268$11,943▲ $2,675
Total Assets$1,153,997$1,162,391▲ $8,394
Other Assets Total$14,316$7,524▼ $6,792
Liabilities
Accounts Payable and Accrued Expenses$45,820$48,098▲ $2,278
Deferred Revenue$30,000--
Other Liabilities$14,316$7,524▼ $6,792
Total Liabilities$90,136$55,622▼ $34,514
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$812,531$628,313▼ $184,218
Net Assets With Donor Restrictions$251,330$478,456▲ $227,126
Total Net Assets Fund Balance$1,063,861$1,106,769▲ $42,908
Total Liabilities and Net Assets / Fund Balance$1,153,997$1,162,391▲ $8,394

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,882$76,567$92,449
Land$0--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Amy Spowart--$251,121$251,121
Amy SpowartPresident and CEOFT$236,921$236,921
Arthur GreenfieldDirector of Contests & RecFT$135,475$135,475

Board Members and Trustees

NameTitle
Jim AlbaughChairman
Samantha MagillVice Chair
Alan StolzerBoard Member
Albert BerchtoldBoard Member
Anthony VelocciBoard Member
Ben KowalskiBoard Member
Ben MarchionnaBoard Member
Ben SquiresBoard Member
Billy NolenBoard Member
Brad McKeageBoard Member
Brad ThressBoard Member
Che BoldenBoard Member
Chris HartBoard Member
Chris MilliganBoard Member
Claudia Zapata-CardoneBoard Member
Clyde WoltmanBoard Member
David RichardsonBoard Member
Denise LaytonBoard Member
Elizabeth MatareseBoard Member
Goodloe SuttonyBoard Member
Ivon AheartBoard Member
J Ray DavisBoard Member
James DarcyBoard Member
James ViolaBoard Member
Jim BourkeBoard Member
Jim RemareBoard Member
Joan HigginbothamBoard Member
John LangfordBoard Member
Joseph HuberBoard Member
Kylie HoBoard Member
Lance KwasniewskiBoard Member
Lauren BeyerBoard Member
Lauren HaertleinBoard Member
Leda ChongBoard Member
Liana Sucar-HamelBoard Member
Mark OfsthunBoard Member
Martiqua PostBoard Member
Mary Claire MurphyBoard Member
Matt ByrdBoard Member
Nicole AlexanderBoard Member
Patty WagstaffBoard Member
Paul McNeillBoard Member
Rebecca LutteBoard Member
Rich HansonBoard Member
Sami SaidBoard Member
Sierra GrimesBoard Member
Stacy RudserBoard Member
Tizz WeberBoard Member
Yvette RoseBoard Member
Ted EllettCounsel
Elizabeth MatareseSecretary
Jason HopkinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$364,540
Program Service Revenue
$536,496
Investment Income
$15,119
Other Revenue
$29,668
All Other Contributions
$364,540
Change in Net Assets
$-58,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$507,006
Other Expenses$497,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$331,432$40,964$0$372,396
Other Salaries and Wages$68,752$8,498$0$77,250
Occupancy$36,257$17,858$0$54,115
Insurance$0$53,029$0$53,029
Fees for Services Other$8,109$40,610$0$48,719
Payroll Taxes$27,583$3,409$0$30,992
Pension Plan Contributions$23,261$2,583$0$25,844
Travel$24,805$0$0$24,805
Fees for Service Investment Mgmnt Fees$0$16,886$0$16,886
Depreciation Depletion$12,555$2,641$0$15,196
Advertising$5,649$0$0$5,649
Office Expenses$442$2,854$0$3,296
Other Expenses$0$1,356$0$1,356
Conferences and Meetings$1,004$0$0$1,004
Other Employee Benefits$463$61$0$524
All Other Expenses$500$0$0$500
Total Functional Expenses$813,305$190,749$0$1,004,054
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
Lease liability$7,524
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
National Aeronautic Association Inc
EIN
53-0196615
Phone
7034164888
Address
Reagan National Airport Hanger 7, Arlington, VA 22202

Signing Officer

Name
Amy Spowart
Title
President & CEO
Phone
7034164888
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Spowart
Formed
1922
Legal Domicile
Va
Voting Board Members
54
Independent Board Members
52
Employees
3
Volunteers
47

Preparer

Firm
Matthew J Scarr CPA LLC
Address
808 East Franklin St, Centerville, OH 45459
Preparer
Matthew J Scarr CPA
Phone
9372321200
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“National Aeronautic Association, Inc. (NAA-USA) has the following members: Individual full members, and Organization members (corporate, air, sport, affiliate, and aero club).”

Pt VI, Line 7A

“NAA-USA has the following members: Individual full members, and Organizational members (corporate, air, sport, affiliate, and aero club). Each individual full member has the right to one vote and each organizational member has the right to cast one vote for every $25 in dues paid to determine the slate for the Board of Directors.”

Pt VI, Line 11B

“The Federal Form 990 and related schedules are prepared by NAA-USAs certified public accountant under the guidance of the President and CEO and the Treasurer. The draft Federal Form 990 is then reviewed internally by the President and CEO and Treasurer in consultation with legal counsel and, as appropriate, further consultation with NAA-USAs certified public accountant. The draft Federal Form 990 is then made available to all of the members of NAA-USAs Board of Directors prior to filing with the Internal Revenue Service.”

Pt VI, Line 12C

“The Organization sends out its conflict of interest policy annually as well as a confirmation/annual disclosure form annually to the appropriate individuals.”

Pt VI, Line 19

“NAA-USA makes its governing documents, financial statements, and Federal Form 990 available to the public upon request for the same period as the Federal Form 990 must be made available under Section 6104.”

Raw XML AppendixShowing 400 of 829 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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IRS990/Form990PartVIISectionAGrp/PersonNm0Amy Spowart
IRS990/Form990PartVIISectionAGrp/PersonNm1Arthur Greenfield
IRS990/Form990PartVIISectionAGrp/PersonNm2Jim Albaugh
IRS990/Form990PartVIISectionAGrp/PersonNm3Samantha Magill
IRS990/Form990PartVIISectionAGrp/PersonNm4Jason Hopkins
IRS990/Form990PartVIISectionAGrp/PersonNm5Elizabeth Matarese
IRS990/Form990PartVIISectionAGrp/PersonNm6Ted Ellett
IRS990/Form990PartVIISectionAGrp/PersonNm7Ivon Aheart
IRS990/Form990PartVIISectionAGrp/PersonNm8Nicole Alexander
IRS990/Form990PartVIISectionAGrp/PersonNm9Albert Berchtold
IRS990/Form990PartVIISectionAGrp/PersonNm10Lauren Beyer
IRS990/Form990PartVIISectionAGrp/PersonNm11Che Bolden
IRS990/Form990PartVIISectionAGrp/PersonNm12Jim Bourke
IRS990/Form990PartVIISectionAGrp/PersonNm13Matt Byrd
IRS990/Form990PartVIISectionAGrp/PersonNm14Leda Chong
IRS990/Form990PartVIISectionAGrp/PersonNm15James Darcy
IRS990/Form990PartVIISectionAGrp/PersonNm16J Ray Davis
IRS990/Form990PartVIISectionAGrp/PersonNm17Sierra Grimes
IRS990/Form990PartVIISectionAGrp/PersonNm18Lauren Haertlein
IRS990/Form990PartVIISectionAGrp/PersonNm19Rich Hanson
IRS990/Form990PartVIISectionAGrp/PersonNm20Chris Hart
IRS990/Form990PartVIISectionAGrp/PersonNm21Joan Higginbotham
IRS990/Form990PartVIISectionAGrp/PersonNm22Kylie Ho
IRS990/Form990PartVIISectionAGrp/PersonNm23Joseph Huber
IRS990/Form990PartVIISectionAGrp/PersonNm24Ben Kowalski
IRS990/Form990PartVIISectionAGrp/PersonNm25Lance Kwasniewski
IRS990/Form990PartVIISectionAGrp/PersonNm26John Langford
IRS990/Form990PartVIISectionAGrp/PersonNm27Denise Layton
IRS990/Form990PartVIISectionAGrp/PersonNm28Rebecca Lutte
IRS990/Form990PartVIISectionAGrp/PersonNm29Ben Marchionna
IRS990/Form990PartVIISectionAGrp/PersonNm30Elizabeth Matarese
IRS990/Form990PartVIISectionAGrp/PersonNm31Brad McKeage
IRS990/Form990PartVIISectionAGrp/PersonNm32Paul McNeill
IRS990/Form990PartVIISectionAGrp/PersonNm33Chris Milligan
IRS990/Form990PartVIISectionAGrp/PersonNm34Mary Claire Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm35Billy Nolen
IRS990/Form990PartVIISectionAGrp/PersonNm36Mark Ofsthun
IRS990/Form990PartVIISectionAGrp/PersonNm37Martiqua Post
IRS990/Form990PartVIISectionAGrp/PersonNm38Jim Remare
IRS990/Form990PartVIISectionAGrp/PersonNm39David Richardson
IRS990/Form990PartVIISectionAGrp/PersonNm40Yvette Rose
IRS990/Form990PartVIISectionAGrp/PersonNm41Stacy Rudser
IRS990/Form990PartVIISectionAGrp/PersonNm42Sami Said
IRS990/Form990PartVIISectionAGrp/PersonNm43Ben Squires
IRS990/Form990PartVIISectionAGrp/PersonNm44Alan Stolzer
IRS990/Form990PartVIISectionAGrp/PersonNm45Liana Sucar-Hamel
IRS990/Form990PartVIISectionAGrp/PersonNm46Goodloe Suttony
IRS990/Form990PartVIISectionAGrp/PersonNm47Brad Thress
IRS990/Form990PartVIISectionAGrp/PersonNm48Anthony Velocci
IRS990/Form990PartVIISectionAGrp/PersonNm49James Viola
IRS990/Form990PartVIISectionAGrp/PersonNm50Patty Wagstaff
IRS990/Form990PartVIISectionAGrp/PersonNm51Tizz Weber
IRS990/Form990PartVIISectionAGrp/PersonNm52Clyde Woltman
IRS990/Form990PartVIISectionAGrp/PersonNm53Claudia Zapata-Cardone
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