Civic Intelligence

Aiaa Foundation Inc.

990 • Fiscal year 2023 • EIN 54-1827596

Oct 01, 2022 to Sep 30, 2023 • Filed on Jul 01, 2024

Organization ProfileWWW.AIAA.ORG
12700 Sunrise Valley Dr 200Reston, VA 20191-5807

(703) 264-7500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

44th percentile

0.19x

Higher debt load relative to revenue than 44% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$513,044

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 36.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

57th percentile

8.4%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-30%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$17,616,655

Up $1,363,008 (+8.4%) from 2022

Net Assets

Up

$17,345,336

Up $1,198,098 (+7.4%) from 2022

Liabilities

Up

$271,319

Up $164,910 (+155%) from 2022

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin11th percentile

Revenue

Down

$1,398,786

Down $610,568 (-30%) from 2022

Expenses

Down

$1,761,214

Down $703,278 (-29%) from 2022

Net Income

Up

-$362,428

Up $92,710 (+20%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $5,067,253Liabilities 2010: $288,049Net Assets 2010: $4,779,2042010Assets 2011: $4,753,719Liabilities 2011: $589,727Net Assets 2011: $4,163,9922011Assets 2012: $4,934,904Liabilities 2012: $75,939Net Assets 2012: $4,858,9652012Assets 2013: $5,503,938Liabilities 2013: $108,235Net Assets 2013: $5,395,7032013Assets 2014: $6,266,985Liabilities 2014: $193,649Net Assets 2014: $6,073,3362014Assets 2015: $7,262,699Liabilities 2015: $5,321Net Assets 2015: $7,257,3782015Assets 2016: $8,610,403Liabilities 2016: $54,745Net Assets 2016: $8,555,6582016Assets 2017: $10,627,759Liabilities 2017: $22,901Net Assets 2017: $10,604,8582017Assets 2018: $12,751,555Liabilities 2018: $194,883Net Assets 2018: $12,556,6722018Assets 2019: $15,860,173Liabilities 2019: $243,359Net Assets 2019: $15,616,8142019Assets 2020: $17,483,784Liabilities 2020: $72,059Net Assets 2020: $17,411,7252020Assets 2021: $22,220,181Liabilities 2021: $333,328Net Assets 2021: $21,886,8532021Assets 2022: $16,253,647Liabilities 2022: $106,409Net Assets 2022: $16,147,2382022Assets 2023: $17,616,655Liabilities 2023: $271,319Net Assets 2023: $17,345,3362023Assets 2024: $21,207,769Liabilities 2024: $320,620Net Assets 2024: $20,887,1492024

Highlighted filing

2023

Assets$17,616,655
Liabilities$271,319
Net Assets$17,345,336
Open 2023 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $775,8982010Expenses 2011: $795,9632011Expenses 2012: $759,6452012Expenses 2013: $326,4432013Revenue 2014: $546,287Expenses 2014: $273,666Net Income 2014: $272,6212014Revenue 2015: $1,986,398Expenses 2015: $402,124Net Income 2015: $1,584,2742015Revenue 2016: $1,238,044Expenses 2016: $455,700Net Income 2016: $782,3442016Revenue 2017: $1,554,292Expenses 2017: $480,048Net Income 2017: $1,074,2442017Revenue 2018: $2,286,822Expenses 2018: $717,811Net Income 2018: $1,569,0112018Revenue 2019: $3,944,683Expenses 2019: $816,494Net Income 2019: $3,128,1892019Revenue 2020: $1,372,939Expenses 2020: $703,319Net Income 2020: $669,6202020Revenue 2021: $4,762,365Expenses 2021: $811,168Net Income 2021: $3,951,1972021Revenue 2022: $2,009,354Expenses 2022: $2,464,492Net Income 2022: -$455,1382022Revenue 2023: $1,398,786Expenses 2023: $1,761,214Net Income 2023: -$362,4282023Revenue 2024: $1,241,653Expenses 2024: $1,166,280Net Income 2024: $75,3732024

Highlighted filing

2023

Revenue$1,398,786
Expenses$1,761,214
Net Income-$362,428
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jul 1, 2024
Return Version
2022v5.0
Gross Receipts
$2,402,892
Mission and Program Overview

Mission

The purpose of the aiaa foundation, in conjunction with aiaa, is to enhance and support the viability of the future of the aerospace profession, practicing aerospace professionals, and the organizations and institutions involved in aerospace.

To provide resources for the education of current and future aerospace professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,890,609$17,293,936▲ $1,403,327
Cash and Non-Interest-Bearing Accounts$363,013$317,498▼ $45,515
Prepaid Expenses and Deferred Charges-$5,221-
Accounts Receivable$25--
Total Assets$16,253,647$17,616,655▲ $1,363,008
Liabilities
Other Liabilities$84,953$252,173▲ $167,220
Accounts Payable and Accrued Expenses$21,456$19,146▼ $2,310
Total Liabilities$106,409$271,319▲ $164,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,227,238$13,032,336▲ $805,098
Net Assets With Donor Restrictions$3,920,000$4,313,000▲ $393,000
Total Net Assets Fund Balance$16,147,238$17,345,336▲ $1,198,098
Total Liabilities and Net Assets / Fund Balance$16,253,647$17,616,655▲ $1,363,008

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$5,578,000$62,415▲ $830,346$59,062$6,205,000
2021$5,694,000$1,341,984▼ $1,335,418$27,053$5,578,000
2020$4,473,500$362,885▲ $972,194$16,533$5,694,000
2019$4,077,379$45,856▲ $467,895$21,211$4,473,500
2018$4,464,676$117,734▲ $132,437$309,023$4,077,379
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Basil HassanChairman
Laura McgillAiaa President
Daniel HastingsAiaa President-elect (incoming Fy23)
Daniel L DumbacherPresident & Secretary
Carissa ChristinsanTrustee (incoming Fy23)
Howard MckenzieTrustee (incoming Fy23)
Kristi MorgansenTrustee (incoming Fy23)
Mary SnitchTrustee (incoming Fy23)
Eric PatersonTrustee (outgoing Fy23)
Greg HyslopTrustee (outgoing Fy23)
Ray JohnsonTrustee (outgoing Fy23)
Steven WalkerTrustee (outgoing Fy23)
Karen RosenblumSVP, Finance, Admin & CFO
Annalisa WeigelTreasurer
Merrie ScottVP, Community & Partner En

Highest Paid Contractors

ContractorServicesLocationCompensation
Griffin Communications GroupPublic Relations2951 MARINA BAY DR SUITE 130-555, League City, TX 77573$1,666,422
Revenue and Support

Revenue Composition

Contributions and Grants
$616,016
Program Service Revenue
$0
Investment Income
$782,770
Other Revenue
$0
All Other Contributions
$616,016
Change in Net Assets
$-362,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,383,740
Grants and Similar Amounts Paid$377,474
Total Fundraising Expense$41,988
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$416,606--$416,606
Conferences and Meetings$274,088$11,559-$285,647
Grants to Domestic Orgs$275,100--$275,100
Travel$184,970$8,244-$193,214
Grants to Domestic Individuals$82,374--$82,374
Office Expenses$23,223$7,320$16,006$46,549
Fees for Service Investment Mgmnt Fees$23,190$1,557-$24,747
Foreign Grants$20,000--$20,000
Advertising$11,533$132$4,677$16,342
Fees for Services Legal--$8,012$8,012
Other Expenses$2,986$201$13,293$3,187
All Other Expenses$101$118-$219
Total Functional Expenses$1,500,746$218,480$41,988$1,761,214
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MarylandCollege Park, MD115(a)Crichlow Award$100,000
University of Southern CaliforniaLos Angeles, CA501(c)(3)Design Competition Process & Langford/daedalus Ug Scholarship$11,100
California Institute of TechnologyPasadena, CA501(c)(3)Langford/daedalus Ug Scholarship$10,000
California Polytechnic UniversitySan Luis Obispo, CA115(a)Kahn Scholarship$10,000
Columbia UniversityNew York, NY501(c)(3)Marillyn Hewson Scholarship$10,000
Cornell UniversityIthaca, NY501(c)(3)Marillyn Hewson Scholarship$10,000
Florida Institute of TechnologyMelbourne, FL501(c)(3)Kahn Scholarship$10,000
Rensselaer Polytechnic InstituteTroy, NY501(c)(3)Kahn Scholarship$10,000
Rochester Institute of TechnologyRochester, NY501(c)(3)Kahn Scholarship$10,000
Rutgers UniversityNew Brunswick, NJ115(a)David & Catherine Thompson Spa$10,000
Georgia Institute of TechnologyAtlanta, GA115(a)Von Braun Undergraduate & Digital Avionics Tc Undergrad$8,000
Purdue UniversityWest Lafayette, IN115(a)Muellner Aerospace Eng Scholar & Digital Avionics Tc Undergrad$8,000

International Summary

Offices
0
Employees
0
Spending
$20,000

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesGrantmaking00$14,350
South AsiaProgram ServicesGrantmaking00$3,500
East Asia & the PacificProgram ServicesGrantmaking00$1,300
North AmericaProgram ServicesGrantmaking00$550
Middle East & North AfricaProgram ServicesGrantmaking00$300
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 Institute$252,173
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The foundation bylaws were amended to change the number of board members to no more than eight and to define a quorum as a simple majority.”

Form 990, Part VI, Section B, Line 11B

“The trustees are provided with a link to form 990 by email and asked to review the form. Management reviews form 990 by validating the answers and reconciling financial information to the audited financial statements to ensure accuracy.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are made available on the aiaa website.”

Filing and Contact Details

Filer

Filer Name
Aiaa Foundation
EIN
54-1827596
Phone
7032647500
Address
12700 SUNRISE VALLEY DR 200, RESTON, VA 20191-5807

Signing Officer

Name
Karen Rosenblum
Title
Chief Financial Officer
Phone
7032647500
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel L Dumbacher
Formed
1996
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
150

Preparer

Firm
Johnson Lambert Llp
Address
4242 SIX FORKS ROAD SUITE 1500, RALEIGH, NC 27609
Preparer
J Calvin Marks
Phone
9197196400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 416,606. Management and general expenses 0. Fundraising expenses 0. Total expenses 416,606.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds are used to fund scholarships, awards, and certain programs.”

PART X, LINE 2:

“Management has concluded that there are no uncertain tax positions through september 30, 2023.”

Raw XML AppendixShowing 400 of 891 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/Desc0EDUCATION-THE AIAA FOUNDATION PROVIDES FINANCIAL SUPPORT FOR UNDERGRADUATE AND GRADUATE SCHOLARSHIPS, STUDENT TECHNICAL PAPER CONFERENCES, AEROSPACE DESIGN COMPETITIONS AND AWARDS FOR OUTSTANDING ACHIEVEMENT IN VARIOUS AEROSPACE FIELDS, PROMOTES K-12 AND COLLEGE STEM ACTIVITY, PROVIDES GRANTS AND EDUCATOR ACHIEVEMENT AWARDS TO EDUCATORS IN THE STEM FIELDS AND PROVIDES RECOGNITION PLATFORMS FOR SIGNIFICANT AEROSPACE TECHNICAL AND COMMUNITY CONTRIBUTIONS. ALL SCHOLARSHIP, AWARD AND DESIGN COMPETITION WINNERS ARE CHOSEN BY INDEPENDENT PANELS OF EXPERTS IN THE RELEVANT FIELDS. DURING FY23, THE FOUNDATION AWARDED 27 SCHOLARSHIPS AND 12 PROFESSIONAL AWARDS, SUPPORTED 8 STUDENT CONFERENCES, SUPPORTED 16 DESIGN COMPETITIONS, SUPPORTED 60 DIVERSITY SCHOLARS, AND ISSUED 88 EDUCATOR GRANTS AND AWARDS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12499552
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13267601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14208555
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE (INCOMING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt3AIAA PRESIDENT-ELECT (INCOMING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE (OUTGOING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE (OUTGOING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt6AIAA PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE (INCOMING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE (INCOMING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE (OUTGOING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE (INCOMING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE (OUTGOING FY23)
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP, FINANCE, ADMIN & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP, COMMUNITY & PARTNER EN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0169703
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0377474
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt082374
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt082374
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0275100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0275100
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01173809
IRS990/GrossReceiptsAmt02402892
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0613067
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0613067
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015890609
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017293936
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01004106
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE AIAA FOUNDATION, IN CONJUNCTION WITH AIAA, IS TO ENHANCE AND SUPPORT THE VIABILITY OF THE FUTURE OF THE AEROSPACE PROFESSION, PRACTICING AEROSPACE PROFESSIONALS, AND THE ORGANIZATIONS AND INSTITUTIONS INVOLVED IN AEROSPACE.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016147238
IRS990/NetAssetsOrFundBalancesEOYAmt017345336
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0169703
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0169703
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01560526
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012227238
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013032336
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt016006
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07320
IRS990/OfficeExpensesGrp/ProgramServicesAmt023223
IRS990/OfficeExpensesGrp/TotalAmt046549
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATIONS
IRS990/OtherExpensesGrp/Desc1TAXES & LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt013293
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0189349
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1201
IRS990/OtherExpensesGrp/ProgramServicesAmt0186575
IRS990/OtherExpensesGrp/ProgramServicesAmt12986
IRS990/OtherExpensesGrp/TotalAmt0389217
IRS990/OtherExpensesGrp/TotalAmt13187
IRS990/OtherLiabilitiesGrp/BOYAmt084953
IRS990/OtherLiabilitiesGrp/EOYAmt0252173
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05221
IRS990/PrincipalOfficerNm0DANIEL L DUMBACHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01069678
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0291596
IRS990/PYInvestmentIncomeAmt0939676
IRS990/PYOtherExpensesAmt02147896
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-455138
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02464492
IRS990/PYTotalProfFndrsngExpnsAmt025000
IRS990/PYTotalRevenueAmt02009354
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-362428
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt01761214
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0131677290
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt01761214
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.34949
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05578000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt062415
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06205000
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0206699
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0830346
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt059062
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05694000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01341984
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05578000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt095513
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1335418
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt027053
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04473500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0362885
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05694000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt098046
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0972194
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt016533
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04077379
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt045856
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04473500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt096419
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0467895
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt021211
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04464676
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0117734
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04077379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0328445
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0132437
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0309023
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0252173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO INSTITUTE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.65051
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS, AWARDS, AND CERTAIN PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THROUGH SEPTEMBER 30, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0252173
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt40
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,616,655
Liabilities
$271,319
Net assets
$17,345,336
Revenue
$1,398,786
Expenses
$1,761,214
Net income
-$362,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.2$0.32$20.9$1.24$1.17$0.08
2023Detailed filing. Detailed filing data is available for this year.$17.6$0.27$17.3$1.40$1.76$0.36
2022Detailed filing. Detailed filing data is available for this year.$16.3$0.11$16.1$2.01$2.46$0.46
2021Detailed filing. Detailed filing data is available for this year.$22.2$0.33$21.9$4.76$0.81$3.95
2020Detailed filing. Detailed filing data is available for this year.$17.5$0.07$17.4$1.37$0.70$0.67
2019Detailed filing. Detailed filing data is available for this year.$15.9$0.24$15.6$3.94$0.82$3.13
2018Detailed filing. Detailed filing data is available for this year.$12.8$0.19$12.6$2.29$0.72$1.57
2017Detailed filing. Detailed filing data is available for this year.$10.6$0.02$10.6$1.55$0.48$1.07
2016Detailed filing. Detailed filing data is available for this year.$8.61$0.05$8.56$1.24$0.46$0.78
2015Detailed filing. Detailed filing data is available for this year.$7.26$0.01$7.26$1.99$0.40$1.58
2014Detailed filing. Detailed filing data is available for this year.$6.27$0.19$6.07$0.55$0.27$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.11$5.40$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$0.08$4.86$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$0.59$4.16$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.07$0.29$4.78$0.78