Rtca Inc
- Assets
- $14.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- 03/1992
- Data as of
- 12/2023
- EIN
- 53-0182962
Organization Overview
Rtca Inc is located in Washington, DC. The organization was established in 1992. As of 12/2023, Rtca Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rtca Inc 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 12/2023, Rtca Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2023. 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
RTCA, INC. IS A NOT-FOR-PROFIT CORPORATION THAT INSPIRES THE CREATION AND IMPLEMENTATION OF INTEGRATED PERFORMANCE STANDARDS THAT MEET THE CHANGING GLOBAL AVIATION ENVIRONMENT AND ENSURE THE SAFETY, SECURITY, AND OVERALL HEALTH OF THE AVIATION ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMITTEES AND TASK FORCES - RTCA SPECIAL COMMITTEES AND TASK FORCES ARE FORMED GENERALLY IN RESPONSE TO A REQUEST FROM THE GOVERNMENT TO ADDRESS AVIATION ISSUES AND TO DEVELOP CONSENSUS-BASED RECOMMENDATIONS FOR THE GOVERNMENT. THESE GROUPS ARE STAFFED BY VOLUNTEERS DRAWN FROM ALL SEGMENTS OF THE AVIATION COMMUNITY.
TRAINING SEMINARS ARE ACTIVITIES AIMED TO IMPART KNOWLEDGE AND INFORMATION RELATED TO RTCA'S PRODUCTS IN RESPONSE TO THE CONTINUING QUERIES FROM MEMBERS AND OTHER AVIATION-ORIENTED ORGANIZATIONS. THE 2023 PROGRAM PROVIDED TRAINING ON THE APPLICATION OF DO-178C, DO-254, DO-160G, DO-392 AIRWORTHINESS, AND HUMAN FACTORS.
MEMBERSHIP SERVICES - RTCA'S MEMBERSHIP ELECTS THE RTCA BOARD OF DIRECTORS AND RTCA ADVISORY BOARD, WHO IN TURN HELP SELECT THOSE ISSUES ON WHICH RTCA WILL FOCUS COMMUNITY RESOURCES, AND HELPS SHAPE THE RESULTING RECOMMENDATIONS.
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 |
|---|---|---|---|
Terry Mcvenes President & Ceo-Former | OfficerTrustee | 40 | $538,380 |
Lorne Cass Chairman, Board Of Directo | OfficerTrustee | 2 | $0 |
Kerry Buckley Member, Board Of Directors | Trustee | 2 | $0 |
Robert Ireland Treasurer, Board Of Direct | OfficerTrustee | 2 | $0 |
Vipul Gupta Member, Board Of Directors | Trustee | 2 | $0 |
Chris Rocheleau Member, Board Of Directors | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mitra Aviation Consulting Policy Consulting | 12/30/17 | $196,888 |
Fusionspan It Support | 12/30/17 | $155,115 |
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 | $3,811,070 |
| Investment income | $187,525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,664 |
| Net Gain/Loss on Asset Sales | -$79,732 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,969,120 |
| 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. | $1,042,142 |
| Compensation of current officers, directors, key employees. | $606,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $885,874 |
| Pension plan accruals and contributions | $42,431 |
| Other employee benefits | $99,279 |
| Payroll taxes | $109,153 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $116,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,947 |
| Fees for services: Other | $598,946 |
| Advertising and promotion | $0 |
| Office expenses | $112,505 |
| Information technology | $55,517 |
| Royalties | $0 |
| Occupancy | $1,108,131 |
| Travel | $116,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,912 |
| Insurance | $15,040 |
| All other expenses | $714 |
| Total functional expenses | $4,697,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $664,651 |
| Savings and temporary cash investments | $239,813 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,061 |
| 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 | $67,493 |
| Net Land, buildings, and equipment | $718,288 |
| Investments—publicly traded securities | $4,645,185 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,627,588 |
| Total assets | $14,163,079 |
| Accounts payable and accrued expenses | $249,220 |
| Grants payable | $0 |
| Deferred revenue | $1,424,710 |
| 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 | $8,487,761 |
| Total liabilities | $10,161,691 |
| Net assets without donor restrictions | $2,541,085 |
| Net assets with donor restrictions | $1,460,303 |
| 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 | $14,163,079 |