Air & Space Forces Association
- Assets
- $44.7m
- Revenue
- $22.8m
- Investments
- $0.0
- Employees
- 113
- Location
- Arlington, VA
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 52-6043929
Organization Overview
Air & Space Forces Association is located in Arlington, VA. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2023, Air & Space Forces Association employed 113 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Air & Space Forces Association 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 12/2022, Air & Space Forces Association generated $22.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $22.8m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 7 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.
Since 2014, Air & Space Forces Association has awarded 17 individual grants totaling $1,332,060. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE DOMINANT U.S. AIR & SPACE FORCES, STRONG NATIONAL DEFENSE, HONOR AIRMEN & GUARDIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE, SYMPOSIUM, EVENT:AFA HOSTS MAJOR NATIONAL EVENTS TO FACILITATE ETHICAL DIALOG AMONG SENIOR GOVERNMENT AND MILITARY OFFICIALS, AEROSPACE AND OTHER INDUSTRY LEADERS, AIRMEN, GUARDIANS, MEDIA REPRESENTATIVES, EDUCATORS, AND INTERESTED MEMBERS OF THE PUBLIC AND TO PROMOTE INNOVATION, EDUCATION, AND PROFESSIONAL DEVELOPMENT. AFA'S AIR, SPACE & CYBER CONFERENCE IS OUR LARGEST ANNUAL EVENT WITH OVER 18,000 REGISTRANTS IN 2023.
AIR & SPACE FORCES MAGAZINE:AFA'S AIR & SPACE FORCES MAGAZINE AND ITS DAILY REPORT E-MAIL NEWSLETTER ON NEWS, TRENDS, TECHNOLOGY, AND DEVELOPMENTS IN THE US AIR & SPACE FORCES, AIR & SPACE POWER, AND NATIONAL SECURITY. THE ANNUAL AIR & SPACE FORCES MAGAZINE ALMANAC FEATURES A COMPREHENSIVE COMPENDIUM OF AIR & SPACE FORCE STATISTICS, HISTORICAL BUDGET AND PERSONNEL DATA, MAPS AND PROFILES OF EVERY AIRCRAFT AND WEAPON SYSTEM IN THE INVENTORY.
THE MITCHELL INSTITUTE FOR AEROSPACE STUDIES:THE MITCHELL INSTITUTE FOR AEROSPACE STUDIES HARNESSES SEASONED TALENT TO POSITIVELY INFLUENCE THE NATIONAL SECURITY DEBATE BY COGENTLY ARTICULATING HOW THE DOMAINS OF AIR, SPACE, AND CYBER CAN PRUDENTLY ADVANCE THE NATION'S INTERESTS WITHOUT PROJECTING UNDUE LIABILITY AND VULNERABILITY. PRODUCTS INCLUDE SCHOLARLY REPORTS, BRIEFINGS AND VARIOUS OP-EDS TO HELP DEFENSE POLICY PRACTITIONERS, POLICY EXPERTS, AIRPOWER ENTHUSIASTS AND THE GENERAL PUBLIC BETTER UNDERSTAND SPECIFIC TOPICS OF INTEREST. RESTRICTED MITCHELL INSTITUTE CONTRIBUTIONS TOTALED $3,708,000. THESE CONTRIBUTIONS ARE EXCLUDED FROM PART III REVENUE, BUT WERE USED TO EXECUTE PROGRAM OPERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernie Skoch Chairman Of The Board | OfficerTrustee | 23 | $0 |
Jim Simons Former Vice Chairman Of The Board, Field Operation | OfficerTrustee | 18 | $0 |
Chris Canada Vice Chairman Of The Board, Field Operations | OfficerTrustee | 18 | $0 |
Stephen Gourley Vice Chairman Of The Board, Aerosapce Education | OfficerTrustee | 13 | $0 |
Michael Liquori Secretary | OfficerTrustee | 8 | $0 |
Chuck Martin Treasurer | OfficerTrustee | 6 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Trade Productions Inc Exposition Services | 12/30/23 | $780,030 |
Production Solutions Inc Direct Mail Services | 12/30/23 | $425,887 |
Kodi Collective Magazine Print/distribution | 12/30/23 | $413,625 |
Freeman Exposition Services | 12/30/23 | $389,865 |
Gettings Productions Inc Exposition Services | 12/30/23 | $282,691 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $192,111 |
| Membership dues | $277,185 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $653,572 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,482,908 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,605,776 |
| Total Program Service Revenue | $13,033,362 |
| Investment income | $607,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $725,784 |
| Net Rental Income | $500 |
| Net Gain/Loss on Asset Sales | -$185,430 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,788,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,250 |
| Grants and other assistance to domestic individuals. | $337,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,719,763 |
| Compensation of current officers, directors, key employees. | $306,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,274,231 |
| Pension plan accruals and contributions | $734,993 |
| Other employee benefits | $355,791 |
| Payroll taxes | $577,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,002 |
| Fees for services: Accounting | $38,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $340,661 |
| Fees for services: Investment Management | $99,331 |
| Fees for services: Other | $3,015,227 |
| Advertising and promotion | $62,933 |
| Office expenses | $1,743,082 |
| Information technology | $644,042 |
| Royalties | $0 |
| Occupancy | $472,741 |
| Travel | $574,009 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,271,872 |
| Interest | $2,127 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,791 |
| Insurance | $213,370 |
| All other expenses | -$25,079 |
| Total functional expenses | $22,797,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,270,093 |
| Savings and temporary cash investments | $1,050,413 |
| Pledges and grants receivable | $1,015 |
| Accounts receivable, net | $1,099,438 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114,247 |
| Prepaid expenses and deferred charges | $563,246 |
| Net Land, buildings, and equipment | $598,191 |
| Investments—publicly traded securities | $31,703,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,333,562 |
| Total assets | $44,733,276 |
| Accounts payable and accrued expenses | $6,568,632 |
| Grants payable | $0 |
| Deferred revenue | $8,454,748 |
| 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 | $926,196 |
| Other liabilities | $2,847,893 |
| Total liabilities | $18,797,469 |
| Net assets without donor restrictions | $21,607,935 |
| Net assets with donor restrictions | $4,327,872 |
| 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 | $44,733,276 |
Grants Awarded
Over the last fiscal year, Air & Space Forces Association has awarded $81,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HQ CIVIL AIR PATROL PURPOSE: PROVIDES GRANTS TO CIVIL AIR PATROL UNITS TO ENHANCE AEROSPACE EDUCATION | $27,500 |
NAM-POWS INC PURPOSE: DONATION FOR EVENT | $15,000 |
ARNOLD AIR SOCIETY PURPOSE: PROVIDED GRANTS FOR SCHOLORSHIPS, INTERNS, AND EVENTS | $24,000 |
PENFED FOUNDATION PURPOSE: DONATION FOR EVENT | $15,000 |