AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS

AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS

Reston, VA, US
501(c)3
EIN
13-1677290
Parent Organization

AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS

Reston, VA, US
501(c)3
EIN
13-1677290
Parent Organization

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)

$45,019,479

Investments
87%
Cash & Equivalents
6%
Prepaid Expenses
3%
Other Assets
3%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$11,105,883

Deferred Revenue
48%
Payables & Accruals
40%
Other Liabilities
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,985,167
$2,848,983
+44%
Receivables (Non-Related)
$173,879
$42,931
-75%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,147,082
$1,348,184
-37%
Investments
$32,444,940
$39,243,683
+21%
Property, Plant, & Equipment (net)
$585,563
$385,219
-34%
Other Assets
$1,398,440
$1,150,479
-18%
Total Assets
$38,735,071
$45,019,479
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$2,590,039
$4,439,421
+71%
Grants Payable
-
-
-
Deferred Revenue
$6,185,837
$5,319,521
-14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,827,011
$1,346,941
-26%
Total Liabilities
$10,602,887
$11,105,883
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$303,000
$301,000
-1%
Unrestricted Net Assets
$27,829,184
$33,612,596
+21%
Net assets
2023
2024
Change
Net assets
+$28,132,184
+$33,913,596
+21%
Balance Sheet
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