AIAA FOUNDATION

EIN: 541827596 501(c)(3) Education

RESTON, VA

Total Revenue
$1,241,653
Total Expenses
$1,166,280
Total Assets
$21,207,769
Net Assets
$20,887,149
🔒

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
1996
Legal Domicile
VA
Principal Officer
EUGENE C MOWRY
Phone
7032647500
Tax Period
2023-10-01 to 2024-09-30

AIAA FOUNDATION, founded in 1996, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2017. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 69% operating margin.

Mission

TO PROVIDE RESOURCES FOR THE EDUCATION OF CURRENT AND FUTURE AEROSPACE PROFESSIONALS.

🔒

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 $559,429
Program Service Revenue $0
Investment Income $682,224
Other Revenue $0
TOTAL REVENUE $1,241,653

Expense Breakdown

Grants Paid $298,174
Salaries & Benefits $0
Fundraising Expenses $43,292
Program Expenses $874,543
Other Expenses $868,106
TOTAL EXPENSES $1,166,280

Year-over-Year Comparison

2023 2022 Change
Revenue $1,241,653 $1,398,786 -0.1%
Expenses $1,166,280 $1,761,214 -0.3%
Net Income $75,373 $-362,428 -1.2%
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
8
Independent Members
7
Employees
N/A
Volunteers
150

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
$845,334
Total Directors
8
$551,384
Key Employees
1
$212,972
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL L DUMBACHER PRESIDENT & SECRETARY 1.00
Officer Director
$0 $14,422 $551,384
KAREN ROSENBLUM SVP, FINANCE, ADMIN & CFO 1.00
Officer
$0 $42,416 $293,950
MERRIE SCOTT VP, COMMUNITY & PARTNER ENGAGEMENT 1.00
Key Emp
$0 $34,116 $212,972
LAURA MCGILL CHAIRMAN 1.00
Officer Director
$0 $0 $0
DANIEL HASTINGS AIAA PRESIDENT 1.00
Officer Director
$0 $0 $0
R STEVEN JUSTICE TREASURER 1.00
Officer Director
$0 $0 $0
CARISSA CHRISTINSAN TRUSTEE 1.00
Director
$0 $0 $0
HOWARD MCKENZIE TRUSTEE 1.00
Director
$0 $0 $0
KRISTI MORGANSEN TRUSTEE 1.00
Director
$0 $0 $0
MARY SNITCH 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
2024 $1,241,653 $1,166,280 $21,207,769 $75,373
2023 $1,398,786 $1,761,214 $17,616,655 $-362,428
2022 $2,009,354 $2,464,492 $16,253,647 $-455,138
2021 $4,762,365 $811,168 $22,220,181 $3,951,197
2020 $1,372,939 $703,319 $17,483,784 $669,620
2019 $3,944,683 $816,494 $15,860,173 $3,128,189
2018 $2,286,822 $717,811 $12,751,555 $1,569,011
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare AIAA FOUNDATION with other nonprofits in Virginia and across the country.