National Agricultural Aviation Research And Education Foundation is located in Alexandria, VA. The organization was established in 1984. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Agricultural Aviation Research And Education Foundation 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 06/2023, National Agricultural Aviation Research And Education Foundation generated $514.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $369.0k during the year ending 06/2023. While expenses have increased by 10.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE RESEARCH TECHNOLOGY TRANSFER AND ADVANCES IN EDUCATION AMONG AERIAL ALLIED INDUSTRY AND GOVERNMENT AGENCIES IN ADDITION TO ACADEMIC INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTES RESEARCH TECHNOLOGY TRANSFER AND ADVANCE OF EDUCATION AMONG AERIAL ALLIED INDUSTRIES AND GOVERNMENT AGENCIES AND PROVIDES ACADAMIC INSTRUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Executive Director | Officer | 3 | $0 |
Scott Bretthauer Staff Liaison | 23 | $0 | |
Deana Burke Director Of Finance | $0 | ||
Lindsay Barber Director Of Meetings | $0 | ||
Perry Hofer President | OfficerTrustee | 1 | $0 |
Darrin Pluhar V. President | OfficerTrustee | 1 | $0 |
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 | $295,993 |
Noncash contributions included in lines 1a–1f | $18,550 |
Total Revenue from Contributions, Gifts, Grants & Similar | $295,993 |
Total Program Service Revenue | $207,650 |
Investment income | $10,885 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $514,928 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
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 | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,915 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $52,434 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $77,230 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,759 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $369,041 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $239,320 |
Savings and temporary cash investments | $899,180 |
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 | $19,920 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,158,420 |
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 | $1,158,420 |
Total liabilities and net assets/fund balances | $1,158,420 |