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
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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 $96.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

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.

Program Service Accomplishments

Program 1
Expenses: $75,332,829 Revenue: $79,790,232

APP-BASED TRANSPORTATION (ABT) REFERS TO SO-CALLED "RIDE SHARE" COMPANIES SUCH AS UBER, SIDECAR, AND LYFT, AS WELL AS LIMOS AND APP-BASED TAXI SERVICES WHO PROVIDE ON-DEMAND TRANSPORTATION SERVICES...

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APP-BASED TRANSPORTATION (ABT) REFERS TO SO-CALLED "RIDE SHARE" COMPANIES SUCH AS UBER, SIDECAR, AND LYFT, AS WELL AS LIMOS AND APP-BASED TAXI SERVICES WHO PROVIDE ON-DEMAND TRANSPORTATION SERVICES TO INDIVIDUALS VIA A SMARTPHONE APP. ARDF'S ABT PROGRAM ALLOWS THE AIRPORT TO COLLECT THE REQUISITE GROUND TRANSPORTATION FEES, HAVE NECESSARY PERMITTING IN PLACE TO LIMIT LIABILITY AND ALLOW THEIR TRAVELERS TO FULLY LEVERAGE THE CONVENIENCE OF ABT. IN RETURN, BEGINNING IN 2016, ARDF COLLECTS ADMINISTRATIVE SERVICES FEES FROM THE AIRPORTS FOR THESE SERVICES, WHICH INCLUDE COLLECTING AND REMITTING ALL FEES ON THE AIRPORT'S BEHALF.

Program 2
Expenses: $13,356,341

ASC PROJECT PROCESSES BACKGROUND CHECKS FOR AIRPORT AND AIRLINE EMPLOYEES IN CONJUNCTION WITH AVIATION SECURITY REGULATIONS. HIGH-SPEED, SECURE NETWORK FOR FINGERPRINT TRANSMISSIONS TO THE TSA. THE...

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ASC PROJECT PROCESSES BACKGROUND CHECKS FOR AIRPORT AND AIRLINE EMPLOYEES IN CONJUNCTION WITH AVIATION SECURITY REGULATIONS. HIGH-SPEED, SECURE NETWORK FOR FINGERPRINT TRANSMISSIONS TO THE TSA. THE TSC IS THE LARGEST CIVILIAN CLEARINGHOUSE IN THE NATION, PROCESSING BOTH CRIMINAL HISTORY RECORD CHECKS AND NAME-BASED BACKGROUND VETTING REQUESTS FOR THE AVIATION COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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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
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Financial Health Indicators

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Liquidity & Cash Position

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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
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