Aerobridge
Aerobridge experiences declining revenue and assets, with expenses consistently exceeding income in recent years.
EIN: 10961359 · Washington, DC · NTEE: M20 · Updated: 2026-03-28
Is Aerobridge Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aerobridge directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Aerobridge
Aerobridge (EIN: 10961359) is a nonprofit organization based in Washington, DC, classified under NTEE code M20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aerobridge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aerobridge is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -20.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $18K |
| Surplus / Deficit | $-16,215 |
| Total Assets | $30K |
| Total Liabilities | $463 |
| Net Assets | $29K |
| Operating Margin | -838.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 19.7 months |
Financial Health Grade: B
In 2024, Aerobridge reported a deficit of $16K with expenses exceeding revenue, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Aerobridge's revenue has declined at a compound annual growth rate (CAGR) of -20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -17.1% | -14.1% | -35.7% |
| 2023 | -94.6% | -19.5% | -28.4% |
| 2022 | +124.2% | +68.5% | +35.5% |
| 2021 | -30.4% | -39.6% | +8.0% |
| 2020 | +288.6% | +61.6% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aerobridge with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Aerobridge allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Aerobridge consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a small organization.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aerobridge's IRS 990 filings:
- Significant decline in revenue from $42,856 in 2022 to $1,933 in 2024.
- Expenses consistently exceeding revenue in recent years (e.g., $18,148 expenses vs. $1,933 revenue in 2024).
- Declining asset base from $64,900 in 2022 to $29,845 in 2024, indicating reliance on reserves to cover deficits.
- Very low current revenue ($1,933 in 2024) raises questions about operational viability and impact.
Strengths
The following positive indicators were identified for Aerobridge:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds regarding executive pay.
- History of operations since at least 2014, suggesting resilience despite financial fluctuations.
Frequently Asked Questions about Aerobridge
Is Aerobridge a legitimate charity?
Based on AI analysis of IRS 990 filings, Aerobridge (EIN: 10961359) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Aerobridge spend its money?
Aerobridge directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aerobridge tax-deductible?
Aerobridge is registered as a tax-exempt nonprofit (EIN: 10961359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program activities Aerobridge undertakes, given its low and fluctuating revenue?
The provided data does not detail specific program activities, but with revenue of only $1,933 in 2024, the scope of programs would likely be very limited or entirely volunteer-driven.
How does Aerobridge sustain operations when expenses consistently exceed revenue, as seen in 2024 ($1,933 revenue vs. $18,148 expenses) and 2023 ($2,333 revenue vs. $21,130 expenses)?
The organization appears to be drawing down its assets to cover operational deficits, as evidenced by the decline in assets from $64,900 in 2022 to $29,845 in 2024.
What is the long-term financial strategy for Aerobridge to address its declining revenue and asset base?
The filings do not provide insight into strategic financial planning, but the current trend suggests a need for significant fundraising or a re-evaluation of operational scale.
Filing History
IRS 990 filing history for Aerobridge showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Aerobridge's revenue has declined by 95.2%, moving from $40K to $2K. Total assets increased by 63.1% over the same period, from $18K to $30K. Total functional expenses fell by 16.9%, from $22K to $18K. In its most recent filing year (2024), Aerobridge reported a deficit of $16K, with expenses exceeding revenue. The organization holds $463 in liabilities against $30K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2K | $18K | $30K | $463 | — | — |
| 2023 | $2K | $21K | $46K | $854 | — | View 990 |
| 2022 | $43K | $26K | $65K | $506 | — | — |
| 2021 | $19K | $16K | $48K | $354 | — | — |
| 2020 | $27K | $26K | $44K | $330 | — | View 990 |
| 2019 | $7K | $16K | $43K | $885 | — | View 990 |
| 2018 | $176K | $133K | $52K | $409 | — | View 990 |
| 2016 | $8K | $6K | $9K | $0 | — | View 990 |
| 2015 | $11K | $11K | $7K | $0 | — | View 990 |
| 2014 | $959 | $2K | $6K | $14 | — | View 990 |
| 2013 | $2K | $4K | $7K | $206 | — | View 990 |
| 2012 | $860 | $10K | $9K | $12 | — | View 990 |
| 2011 | $40K | $22K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2K, expenses of $18K, and assets of $30K (revenue -17.1% year-over-year).
- 2023: Revenue of $2K, expenses of $21K, and assets of $46K (revenue -94.6% year-over-year).
- 2022: Revenue of $43K, expenses of $26K, and assets of $65K (revenue +124.2% year-over-year).
- 2021: Revenue of $19K, expenses of $16K, and assets of $48K (revenue -30.4% year-over-year).
- 2020: Revenue of $27K, expenses of $26K, and assets of $44K (revenue +288.6% year-over-year).
- 2019: Revenue of $7K, expenses of $16K, and assets of $43K (revenue -96.0% year-over-year).
- 2018: Revenue of $176K, expenses of $133K, and assets of $52K (revenue +2089.4% year-over-year).
- 2016: Revenue of $8K, expenses of $6K, and assets of $9K (revenue -29.8% year-over-year).
- 2015: Revenue of $11K, expenses of $11K, and assets of $7K (revenue +1093.4% year-over-year).
- 2014: Revenue of $959, expenses of $2K, and assets of $6K (revenue -42.7% year-over-year).
- 2013: Revenue of $2K, expenses of $4K, and assets of $7K (revenue +94.5% year-over-year).
- 2012: Revenue of $860, expenses of $10K, and assets of $9K (revenue -97.9% year-over-year).
- 2011: Revenue of $40K, expenses of $22K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aerobridge:
Data Sources and Methodology
This transparency report for Aerobridge is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.