NATIONAL INSTITUTE FOR AEROSPACE STUDIES AND SERVICES INC

EIN: 521672025

ARLINGTON, VA

Total Revenue
$330,000
Total Expenses
$12,425
Total Assets
$324,600
Net Assets
$313,099
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
DC
Principal Officer
KATHERINE NETTROUR
Phone
7033581000
Tax Period
2023-01-01 to 2023-12-31

NATIONAL INSTITUTE FOR AEROSPACE STUDIES AND SERVICES INC, founded in 1990, is a small nonprofit that reported $330K in total revenue in fiscal year 2023. The organization ran a surplus of $318K, a strong 96% operating margin.

Mission

THE INSTITUTE WAS ESTABLISHED AS A MEANS FOR THE AEROSPACE INDUSTRY TO PARTICIPATE IN RESEARCH AND NON-GOVERNMENT AEROSPACE RESEARCH GRANTS, AS WELL AS OTHER RESEARCH AND DEVELOPMENT ACTIVITIES. THESE INCLUDE CONDUCTING SCIENTIFIC RESEARCH AND STUDIES AND THE DEVELOPMENT OF AEROSPACE EQUIPMENT AND COMPONENTS THAT REQUIRE A BROAD INDUSTRY CONSENSUS OF RESULTS.

Program Service Accomplishments

Program 1

CONDUCTED RESEARCH AND TESTING ON THE FUNDAMENTAL PHYSICS OF ACCRETION AND SHEDDING OF HIGH-ALTITUDE ICE CRYSTALS. THIS INCLUDED (BUT NOT LIMITED TO) THE FOLLOWING: ICE CRYSTAL MELTING, ACCRETION...

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CONDUCTED RESEARCH AND TESTING ON THE FUNDAMENTAL PHYSICS OF ACCRETION AND SHEDDING OF HIGH-ALTITUDE ICE CRYSTALS. THIS INCLUDED (BUT NOT LIMITED TO) THE FOLLOWING: ICE CRYSTAL MELTING, ACCRETION THERMODYNAMICS, EROSION CHARACTERISTICS, MIXED PHASE ACCRETION, CRYSTAL DRAG AND SHEAR FORCES ON ICE PARTICLES, AND THE CREATION OF DATABASES THAT WOULD PERMIT THE DEVELOPMENT OF MODELS DESCRIBING THE PHYSICAL AND BEHAVIORAL PROPERTIES OF HIGH-ALTITUDE CRYSTALS, IN ORDER TO MITIGATE ICE CRYSTAL EVENTS.

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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 $0
Program Service Revenue $330,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $330,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,425
TOTAL EXPENSES $12,425

Year-over-Year Comparison

2023 2022 Change
Revenue $330,000 N/A N/A
Expenses $12,425 $318,187 -1.0%
Net Income $317,575 $-318,187 -2.0%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
5

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
4
$2,115,811
Total Directors
5
$2,115,811
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FANNING CHAIR 2.00
Officer Director
$0 $68,003 $1,543,131
DAVID SILVER PRESIDENT UNTIL 04/2023 2.00
Officer Director
$0 $12,848 $108,125
NINA SCHWARTZ SECRETARY 1.00
Officer Director
$0 $32,455 $133,962
KATHERINE NETTROUR TREASURER 1.00
Officer Director
$0 $17,864 $330,593
MATTHEW HALL TRUSTEE 1.00
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
2023 $330,000 $12,425 $324,600 $317,575
2020 $9,009 $178,857 $461,199 $-169,848
2019 $22,389 $18,728 $634,380 $3,661
2018 $14,833 $789,519 $634,664 $-774,686
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