National Institute For Aerospace Standards Inc
- Assets
- $461.2k
- Revenue
- $9.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 06/1990
- Data as of
- 12/2020
- EIN
- 52-1672025
Organization Overview
National Institute For Aerospace Standards Inc is located in Arlington, VA. The organization was established in 1990. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. National Institute For Aerospace Standards Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, National Institute For Aerospace Standards Inc generated $9.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (50.5%) each year. All expenses for the organization totaled $178.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE WAS ESTABLISHED AS A MEANS FOR THE AEROSPACE INDUSTRY TO PARTICIPATE IN RESEARCH AND NON-GOVERNMENT AEROSPACE RESEARCH GRANTS, AS WELL AS OTHER RESEARCH AND DEVELOPMENT ACTIVITIES. THESE INCLUDE CONDUCTING SCIENTIFIC RESEARCH AND STUDIES, AND THE DEVELOPMENT OF AEROSPACE EQUIPMENT AND COMPONENTS THAT REQUIRE A BROAD INDUSTRY CONSENSUS OF RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED RESEARCH AND TESTING ON THE FUNDAMENTAL PHYSICS OF ACCRETION AND SHEDDING OF HIGH ALTITUDE ICE CRYSTALS. THIS INCLUDED (BUT NOT LIMITED) TO THE FOLLOWING: ICE CRYSTAL MELTING, ACCRETION THERMODYNAMICS, EROSION CHARACTERISTICS, MIXED PHASE ACCRETION, CRYSTAL DRAG AND SHEAR FORCES ON ICE PARTICLES. ALSO THE CREATION OF DATABASES THAT WOULD PERMIT THE DEVELOPMENT OF MODELS DESCRIBING THE PHYSICAL AND BEHAVIORAL PROPERTIES OF HIGH ALTITUDE CRYSTALS, IN ORDER TO MITIGATE ICE CRYSTAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Fanning Chair | OfficerTrustee | 2 | $0 |
David Silver President | OfficerTrustee | 2 | $0 |
Ginette Colot Secretary/treasurer | OfficerTrustee | 1 | $0 |
Mac S Dunaway Trustee | 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 | $0 |
| Investment income | $9,009 |
| 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 | $9,009 |
| 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 | $1,625 |
| Fees for services: Accounting | $10,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,253 |
| Fees for services: Other | $8,525 |
| Advertising and promotion | $0 |
| Office expenses | $359 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $156,000 |
| Total functional expenses | $178,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,322 |
| Savings and temporary cash investments | $410,877 |
| 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 | $461,199 |
| 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 | $8,500 |
| Total liabilities | $8,500 |
| Net assets without donor restrictions | $452,699 |
| 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 | $461,199 |