AEROSPACE STATES ASSOCIATION INC

EIN: 521751809 501(c)(3) Science & Technology

ALEXANDRIA, VA

Total Revenue
$170,281
Total Expenses
$232,643
Total Assets
$90,136
Net Assets
$-194,864
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
DC
Principal Officer
ROSS B GARELICK BELL
Phone
7034026384
Tax Period
2023-01-01 to 2023-12-31

AEROSPACE STATES ASSOCIATION INC, founded in 1993, is a small nonprofit in the Science & Technology sector that reported $286K in total revenue in fiscal year 2022. Revenue surged 195% from the prior year, signaling strong growth momentum. Expenses of $260K left a modest 9% surplus.

Mission

TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND INFORMATION REGARDING AEROSPACE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $73,600
Program Service Revenue $96,379
Investment Income $302
Other Revenue $0
TOTAL REVENUE $170,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $194,008
Other Expenses $232,643
TOTAL EXPENSES $232,643

Year-over-Year Comparison

2023 2022 Change
Revenue $170,281 $285,889 -0.4%
Expenses $232,643 $260,215 -0.1%
Net Income $-62,362 $25,674 -3.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

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
5
$90,000
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANNE PRIMAVERA ASA NATIONAL CHAIR 1.00
Officer Director
$0 $0 $0
BILLY NUNGESSER ASA NATIONAL VICE CHAIR 1.00
Officer Director
$0 $0 $0
WINSOME EARLE-SEARS SECRETARY 1.00
Officer Director
$0 $0 $0
MAL MCGHEE TREASURER 1.00
Officer Director
$0 $0 $0
JOSH TENORIO MEMBER 1.00
Director
$0 $0 $0
HOWIE MORALES MEMBER 1.00
Director
$0 $0 $0
NANCY DAHLSTROM MEMBER 1.00
Director
$0 $0 $0
BURT JONES MEMBER 1.00
Director
$0 $0 $0
JEANETTE NUNEZ MEMBER 1.00
Director
$0 $0 $0
WILL AINSWORTH PAST CHAIR 1.00
Director
$0 $0 $0
DELBERT HOSEMANN MEMBER 1.00
Director
$0 $0 $0
ARUNA MILLER MEMBER 1.00
Director
$0 $0 $0
JON HUSTED MEMBER 1.00
Director
$0 $0 $0
BOB BROCK MEMBER 1.00
Director
$0 $0 $0
MATT PINNELL MEMBER 1.00
Director
$0 $0 $0
JUSTIN ASASTEEN MEMBER 1.00
Director
$0 $0 $0
ROSS B GARELICK BELL EXECUTIVE DIRECTOR 30.00
Officer
$90,000 $0 $90,000
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 $170,281 $232,643 $90,136 $-62,362
2022 $285,889 $260,215 $107,498 $25,674
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