Aerodrome Foundation
Aerodrome Foundation operates on minimal revenue and assets, consistently breaking even with no officer compensation.
EIN: 208492447 · Huntsville, AL · NTEE: A57 · Updated: 2026-03-28
Is Aerodrome Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aerodrome Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aerodrome Foundation
Aerodrome Foundation (EIN: 208492447) is a nonprofit organization based in Huntsville, AL, classified under NTEE code A57. The organization reported total revenue of $1K and total assets of $33 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aerodrome Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aerodrome Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | +$0 |
| Total Assets | $33 |
| Total Liabilities | $1 |
| Net Assets | $32 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: B
In 2023, Aerodrome Foundation reported a surplus of $0 with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Aerodrome Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +0.0% | +0.0% |
| 2022 | +139900.0% | +250.0% | +0.0% |
| 2021 | +0.0% | +0.0% | -92.4% |
| 2020 | -99.9% | +0.0% | -48.0% |
| 2019 | -91.2% | -96.0% | +733.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Aerodrome Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Aerodrome Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's officers are unpaid volunteers, which is appropriate given its extremely small size and revenue.
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 Aerodrome Foundation's IRS 990 filings:
- Extremely low and fluctuating revenue, indicating potential instability.
- Minimal assets ($33 latest), suggesting no financial cushion or reserves.
Strengths
The following positive indicators were identified for Aerodrome Foundation:
- Zero officer compensation, indicating a volunteer-driven model and efficient use of funds.
- Expenses consistently match revenue, suggesting responsible spending within its means.
Frequently Asked Questions about Aerodrome Foundation
Is Aerodrome Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aerodrome Foundation (EIN: 208492447) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Aerodrome Foundation spend its money?
Aerodrome Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aerodrome Foundation tax-deductible?
Aerodrome Foundation is registered as a tax-exempt nonprofit (EIN: 208492447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs Aerodrome Foundation supports with its minimal funding?
The provided IRS 990 data does not offer specific details on program activities, only financial figures. Given the NTEE code A57 (Aircraft, Aviation), it likely relates to aviation-focused initiatives, but further detail would require reviewing the full 990 forms.
How does Aerodrome Foundation manage to operate with such consistently low assets?
The organization's consistently low assets ($33 latest) suggest it operates on a 'pass-through' model, spending nearly all revenue received within the same fiscal period, rather than accumulating significant reserves or capital.
Is the Aerodrome Foundation financially sustainable given its fluctuating and often very low revenue?
The organization's sustainability appears to rely on its ability to match expenses to incoming revenue, which has been successful in most years. However, the extreme fluctuations and periods of extremely low revenue (e.g., $1 in 2021) indicate a precarious financial position that could be vulnerable to any unexpected costs or revenue shortfalls.
Filing History
IRS 990 filing history for Aerodrome Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Aerodrome Foundation's revenue has declined by 92.4%, moving from $18K to $1K. Total assets increased by 3200% over the same period, from $1 to $33. Total functional expenses fell by 92.4%, from $18K to $1K. In its most recent filing year (2023), Aerodrome Foundation reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $33 in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $32.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $1K | $33 | $1 | — | — |
| 2022 | $1K | $1K | $33 | $1 | — | View 990 |
| 2021 | $1 | $400 | $33 | $1 | — | View 990 |
| 2020 | $1 | $400 | $433 | $1 | — | — |
| 2019 | $873 | $400 | $833 | $1 | — | View 990 |
| 2015 | $10K | $10K | $100 | $1 | — | View 990 |
| 2014 | $11K | $11K | $1 | $1 | — | View 990 |
| 2013 | $10K | $10K | $1 | $1 | — | View 990 |
| 2012 | $1K | $1K | $1 | $1 | — | View 990 |
| 2011 | $18K | $18K | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $1K, and assets of $33 (revenue +0.0% year-over-year).
- 2022: Revenue of $1K, expenses of $1K, and assets of $33 (revenue +139900.0% year-over-year).
- 2021: Revenue of $1, expenses of $400, and assets of $33 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $400, and assets of $433 (revenue -99.9% year-over-year).
- 2019: Revenue of $873, expenses of $400, and assets of $833 (revenue -91.2% year-over-year).
- 2015: Revenue of $10K, expenses of $10K, and assets of $100 (revenue -6.4% year-over-year).
- 2014: Revenue of $11K, expenses of $11K, and assets of $1 (revenue +3.6% year-over-year).
- 2013: Revenue of $10K, expenses of $10K, and assets of $1 (revenue +634.0% year-over-year).
- 2012: Revenue of $1K, expenses of $1K, and assets of $1 (revenue -92.4% year-over-year).
- 2011: Revenue of $18K, expenses of $18K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aerodrome Foundation:
Data Sources and Methodology
This transparency report for Aerodrome Foundation 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.