NBAA CHARITIES

EIN: 521900336 501(c)(3) Unknown

WASHINGTON, DC

Total Revenue
$129,101
Total Expenses
$131,708
Total Assets
$582,454
Net Assets
$13,124
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
DC
Principal Officer
EDWARD M BOLEN
Phone
2027839000
Tax Period
2023-07-01 to 2024-06-30

NBAA CHARITIES, founded in 1994, is a small nonprofit in the Unknown sector that reported $129K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

NBAA CHARITIES RAISES FUNDS TO SUPPORT A NUMBER OF PHILANTHROPIC ORGANIZATIONS AND INITIATIVES THAT USE GENERAL AVIATION AIRPLANES FOR HUMANITARIAN PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $125,185 Revenue: $0

NBAA CHARITIES SOLICITS, COLLECTS AND DISTRIBUTES FUNDS TO ORGANIZATIONS THAT ARE INVOLVED IN AND SUPPORTIVE OF CHARITABLE USE OF BUSINESS AIRCRAFT, EDUCATION ABOUT BUSINESS AIRCRAFT OR OTHER EFFORTS...

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NBAA CHARITIES SOLICITS, COLLECTS AND DISTRIBUTES FUNDS TO ORGANIZATIONS THAT ARE INVOLVED IN AND SUPPORTIVE OF CHARITABLE USE OF BUSINESS AIRCRAFT, EDUCATION ABOUT BUSINESS AIRCRAFT OR OTHER EFFORTS TO DEMONSTRATE THE BROADER VALUE OF BUSINESS AIRCRAFT.

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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 $143,630
Program Service Revenue $0
Investment Income $0
Other Revenue $-14,529
TOTAL REVENUE $129,101

Expense Breakdown

Grants Paid $118,597
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $125,185
Other Expenses $13,111
TOTAL EXPENSES $131,708

Year-over-Year Comparison

2023 2022 Change
Revenue $129,101 $111,886 +0.2%
Expenses $131,708 $117,623 +0.1%
Net Income $-2,607 $-5,737 -0.5%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
1

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
$2,680,594
Total Directors
4
$2,680,594
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD M BOLEN CHAIRMAN & PRESIDENT 2.0
Officer Director
$0 $93,876 $2,386,013
BENJAMIN SCHWALEN SECRETARY 2.0
Officer Director
$0 $53,078 $294,581
MONTE KOCH TREASURER 0.15
Officer Director
$0 $0 $0
JOHN WITZIG TREASURER 0.15
Officer 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
2025 No data No data No data No data
2024 $129,101 $131,708 $582,454 $-2,607
2023 $111,886 $117,623 $539,865 $-5,737
2022 $82,226 $86,006 $488,854 $-3,780
2021 $47,163 $68,840 $363,913 $-21,677
2020 $122,383 $149,440 $360,432 $-27,057
2019 $129,102 $157,881 $428,267 $-28,779
2018 $156,420 $200,804 $406,268 $-44,384
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