The Aero Club Foundation Of Washington
EIN: 521937555 · Washington, DC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $62K |
| Net Assets | $104K |
Is The Aero Club Foundation Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Aero Club Foundation Of Washington
The Aero Club Foundation Of Washington (EIN: 521937555) is a nonprofit organization based in Washington, DC, classified under NTEE code S20. The organization reported total revenue of $18K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Aero Club Foundation Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Aero Club Foundation Of Washington is a micro nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $62K |
| Surplus / Deficit | $-3,763 |
| Total Assets | $154K |
| Total Liabilities | $50K |
| Net Assets | $104K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 30.0 months |
Financial Health Grade: B
In 2024, The Aero Club Foundation Of Washington reported a deficit of $4K with expenses exceeding revenue, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Aero Club Foundation Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +25.5% | -5.5% | +8.1% |
| 2023 | +25.4% | +216.4% | +18.2% |
| 2022 | +267.7% | +85.4% | +11.0% |
| 2021 | -68.6% | -76.5% | -1.0% |
| 2020 | -21.0% | +14.6% | -12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Aero Club Foundation Of Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Aero Club Foundation Of Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about The Aero Club Foundation Of Washington
Is The Aero Club Foundation Of Washington a legitimate charity?
The Aero Club Foundation Of Washington (EIN: 521937555) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $18K. No red flags identified. Financial health grade: B.
How does The Aero Club Foundation Of Washington spend its money?
The Aero Club Foundation Of Washington reported $18K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Aero Club Foundation Of Washington tax-deductible?
The Aero Club Foundation Of Washington is registered as a tax-exempt nonprofit (EIN: 521937555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Aero Club Foundation Of Washington located?
The Aero Club Foundation Of Washington is headquartered in Washington, Washington DC and files with the IRS under EIN 521937555. It is classified under NTEE code S20.
How many years of IRS 990 filings does The Aero Club Foundation Of Washington have?
The Aero Club Foundation Of Washington has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $18K in total revenue.
Filing History
IRS 990 filing history for The Aero Club Foundation Of Washington showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Aero Club Foundation Of Washington's revenue has grown by 333%, moving from $13K to $58K. Total assets increased by 30.9% over the same period, from $118K to $154K. Total functional expenses rose by 197.2%, from $21K to $62K. In its most recent filing year (2024), The Aero Club Foundation Of Washington reported a deficit of $4K, with expenses exceeding revenue. The organization holds $50K in liabilities against $154K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $58K | $62K | $154K | $50K | — | — |
| 2023 | $46K | $65K | $142K | $35K | — | — |
| 2022 | $37K | $21K | $120K | $0 | — | — |
| 2021 | $10K | $11K | $109K | $0 | — | — |
| 2020 | $32K | $47K | $110K | $0 | — | View 990 |
| 2019 | $40K | $41K | $125K | $0 | — | View 990 |
| 2018 | $48K | $30K | $126K | $0 | — | View 990 |
| 2017 | $36K | $38K | $108K | $0 | — | View 990 |
| 2016 | $38K | $38K | $110K | $0 | — | View 990 |
| 2015 | $40K | $46K | $111K | $0 | — | View 990 |
| 2014 | $35K | $31K | $117K | $0 | — | View 990 |
| 2013 | $32K | $28K | $112K | $0 | — | View 990 |
| 2012 | $14K | $24K | $108K | $0 | — | View 990 |
| 2011 | $13K | $21K | $118K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $58K, expenses of $62K, and assets of $154K (revenue +25.5% year-over-year).
- 2023: Revenue of $46K, expenses of $65K, and assets of $142K (revenue +25.4% year-over-year).
- 2022: Revenue of $37K, expenses of $21K, and assets of $120K (revenue +267.7% year-over-year).
- 2021: Revenue of $10K, expenses of $11K, and assets of $109K (revenue -68.6% year-over-year).
- 2020: Revenue of $32K, expenses of $47K, and assets of $110K (revenue -21.0% year-over-year).
- 2019: Revenue of $40K, expenses of $41K, and assets of $125K (revenue -16.5% year-over-year).
- 2018: Revenue of $48K, expenses of $30K, and assets of $126K (revenue +35.5% year-over-year).
- 2017: Revenue of $36K, expenses of $38K, and assets of $108K (revenue -6.1% year-over-year).
- 2016: Revenue of $38K, expenses of $38K, and assets of $110K (revenue -4.7% year-over-year).
- 2015: Revenue of $40K, expenses of $46K, and assets of $111K (revenue +12.1% year-over-year).
- 2014: Revenue of $35K, expenses of $31K, and assets of $117K (revenue +9.7% year-over-year).
- 2013: Revenue of $32K, expenses of $28K, and assets of $112K (revenue +135.7% year-over-year).
- 2012: Revenue of $14K, expenses of $24K, and assets of $108K (revenue +2.6% year-over-year).
- 2011: Revenue of $13K, expenses of $21K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Aero Club Foundation Of Washington:
Data Sources and Methodology
This transparency report for The Aero Club Foundation Of Washington 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.