Nevada Institute For Autonomous Systems
- Assets
- $0.0
- Revenue
- $22.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Las Vegas, NV
- Founding
- 12/2014
- Data as of
- 02/2022
- EIN
- 46-3341782
Organization Overview
Nevada Institute For Autonomous Systems is located in Las Vegas, NV. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 02/2022, Nevada Institute For Autonomous Systems employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Institute For Autonomous Systems is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Nevada Institute For Autonomous Systems generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $261.7k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO COACH, TEACH, AND MENTOR PUBLIC AND COMMERCIAL UAS COMPANIES AS WELL AS THEIR STAFF TO DEVELOP ADVANCED AND INNOVATIVE UAS APPLICATIONS, PROCEDURES, TECHNIQUES, AND TECHNOLOGIES TO FACILITATE SAFE INTEGRATION INTO THE NAS AS MANDATED BY CONGRESS. NIAS HAS THE UNIQUE MISSION TO PLAN AND EXECUTE UAS FLIGHTS IN COLLABORATION WITH NEVADA TEAMMATES, COLLECT FAA FLIGHT PERFORMANCE DATA, AND DEVELOP ENHANCED NATIONAL AIRSPACE SAFETY CONTROL MEASURES. NIAS RECOMMENDS UNMANNED AVIATION LESSONS LEARNED TO THE FAA AND NASA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NIAS CONTINUED TO GROW THE NEVADA UAS INDUSTRY BY SUPPORTING BOTH PUBLIC AND PRIVATE STAKEHOLDERS. NIAS FOCUSED ON THE INTEGRATION OF UAS INTO THE NATIONAL AIRSPACE SYSTEM BY CONSULTING TO COMPANIES WHO ARE CONDUCTING R&D FLIGHTS AT THE NUMEROUS UAS RANGES THROUGHOUT THE STATE. BY SUPPORTING END USER TECHNOLOGY SYSTEMS INTEGRATION, NIAS WAS ABLE TO INCREASE THE VOLUME OF DRONE FLIGHTS IN NEVADA AND BEYOND, THEREFORE SUBMITTING SUBSTANTIAL DATA TO THE FAA IN ORDER TO FACILITATE FUTURE DRONE POLICY AND REGULATION. NIAS ALSO SUPPORTS NEVADA WORKFORCE DEVELOPMENT BY OFFERING A SPECIALIZED DRONE TRAINING PROGRAM THAT PREPARES PILOTS TO PASS THE FAA PART 107 EXAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blair N Smith Employee | 40 | $109,775 | |
Scott Bensing Secretary | OfficerTrustee | 4 | $0 |
John White President | OfficerTrustee | 4 | $0 |
James A Barrett Jr Treasurer | OfficerTrustee | 4 | $0 |
Lynn Fenstermaker Director | Trustee | 1 | $0 |
Betsy Fretwell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,582 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,643 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,376 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $144,739 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,059 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,050 |
| Advertising and promotion | $350 |
| Office expenses | $1,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,038 |
| Travel | $4,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,737 |
| Insurance | $18,952 |
| All other expenses | $0 |
| Total functional expenses | $261,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
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