AIRPORT RESEARCH & DEVELOPMENT FOUNDATION

EIN: 521594261 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$96,157,653
Total Expenses
$93,357,020
Total Assets
$14,202,372
Net Assets
$4,836,738
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
VA
Principal Officer
TODD HAUPTLI
Phone
7038240500
Tax Period
2023-01-01 to 2023-12-31

AIRPORT RESEARCH & DEVELOPMENT FOUNDATION, founded in 1988, is a mid-sized nonprofit that reported $79.6M in total revenue in fiscal year 2018. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $76.6M left a modest 4% surplus.

Mission

THE FOUNDATION'S PURPOSE IS TO RECEIVE, ADMINISTER AND EXPEND FUNDS FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES IN CONNECTION WITH AIR TRAVEL AND TRANSPORTATION SECURITY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,367,421
Program Service Revenue $79,790,232
Investment Income $0
Other Revenue $0
TOTAL REVENUE $96,157,653

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,708,137
Fundraising Expenses $0
Program Expenses $88,689,170
Other Expenses $91,648,883
TOTAL EXPENSES $93,357,020

Year-over-Year Comparison

2023 2022 Change
Revenue $96,157,653 $80,961,148 +0.2%
Expenses $93,357,020 $77,265,665 +0.2%
Net Income $2,800,633 $3,695,483 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
2
Employees
N/A
Volunteers
2

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$7,740,350
Total Directors
7
$7,740,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD HAUPTLI PRESIDENT & CEO 6.00
Officer Director
$668,215 $65,812 $4,520,577
JOEL BACON EVP, GOVERNMENT & PUBLIC AFFAIRS 8.00
Officer Director
$184,989 $64,811 $989,753
CARTER MORRIS EVP, AAAE SERVICES 20.00
Officer Director
$444,634 $60,919 $950,188
STEPHEN GIRONDA SVP, FINANCE 15.00
Officer Director
$281,988 $64,811 $816,778
PATRICK RAKER SVP, TRAINING AND TECHNOLOGY SERVICES 2.00
Officer Director
$20,876 $45,522 $463,054
MARK E GALE AAE CHAIR 2.00
Officer Director
$0 $0 $0
PERRY J MILLER AAE IAP FIRST VICE CHAIR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $96,157,653 $93,357,020 $14,202,372 $2,800,633
2022 $80,961,148 $77,265,665 $9,637,708 $3,695,483
2021 $48,854,965 $45,810,904 $5,984,070 $3,044,061
2020 $34,265,944 $32,365,092 $3,859,485 $1,900,852
2019 $94,975,359 $92,296,634 $8,467,227 $2,678,725
2018 $79,579,624 $76,580,741 $7,205,800 $2,998,883
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AIRPORT RESEARCH & DEVELOPMENT FOUNDATION with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.