Airport Research and Development Foundation is a 501(c)(3) organization based in Alexandria, Virginia, registered in 1989, with $100,567,015 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
Revenue (FY2024)
$100.6M
▲ 4.6% vs prior year
Expenses (FY2024)
$100.6M
Net assets
-$2.3M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Airport Research and Development Foundation: 100% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Airport Research and Development Foundation: 0 mo reserves · -0% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Airport Research and Development Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Airport Research and Development Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The foundation's purpose is to receive, administer and expend funds for charitable, scientific and educational purposes in connection with air travel and transportation security
Asc project processes background checks for airport and airline employees in conjunction with aviation security regulations. high-speed, secure network for fingerprint transmissions to the tsa. the tsc is the largest civilian clearinghouse in the nation, processing both criminal history record checks and name-based background vetting requests for the aviation community.
Revenue grew from $12.7M (FY2013) to $100.6M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$8.9M
Total liabilities
$11.2M
Net assets
-$2.3M
Salaries & benefits
$1.5M
1% of expenses
Board members
6
2 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $100,567,015▲4.6% | $100,573,680▲7.7% | -$2,280,867▼147% | $8,932,470▼37.1% | 990 |
| 2023 | $96,157,653▲18.8% | $93,357,020▲20.8% | $4,836,738▲138% | $14,202,372▲47.4% | 990 |
| 2022 | $80,961,148▲65.7% | $77,265,665▲68.7% | $2,036,105▲223% | $9,637,708▲61.1% | 990 |
| 2021 | $48,854,965▲42.6% | $45,810,904▲41.5% | -$1,659,378▲64.7% | $5,984,070▲55.0% | 990 |
| 2020 | $34,265,944▼63.9% | $32,365,092▼64.9% | -$4,703,439▲28.8% | $3,859,485▼54.4% | 990 |
| 2019 | $94,975,359▲19.3% | $92,296,634▲20.5% | -$6,604,291▲28.9% | $8,467,227▲17.5% | 990 |
| 2018 | $79,579,624▲38.6% | $76,580,741▲33.8% | -$9,283,016▲24.4% | $7,205,800▲49.7% | 990 |
| 2017 | $57,436,948▲37.5% | $57,234,738▲38.6% | -$12,281,899▲1.6% | $4,813,510▲4.6% | 990 |
| 2016 | $41,767,449▲114% | $41,298,277▲113% | -$12,484,107▲3.6% | $4,602,754▲34.9% | 990 |
| 2015 | $19,548,264▲56.8% | $19,360,601▲44.9% | -$12,953,279▲1.4% | $3,412,072▲49.2% | 990 |
| 2014 | $12,463,758▼1.8% | $13,365,109▼8.2% | -$13,140,942▼7.4% | $2,287,026▼61.6% | 990 |
| 2013 | $12,686,650 | $14,557,195▲12.3% | -$12,239,591▼18.0% | $5,953,487▲265% | 990 |
| 2012 | — | $12,957,958▼9.3% | -$10,369,046▼1.4% | $1,632,079▲122% | 990 |
| 2011 | — | $14,293,091▼1.0% | -$10,221,027▼1.0% | $733,598▼62.7% | 990 |
| 2010 | — | $14,442,300 | -$10,115,423 | $1,967,326 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Todd Hauptli — $481,103 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Todd Hauptli | President An | 6 | $481,103 |
| Carter Morris | Evp Aaae Ser | 20 | $467,527 |
| Stephen Gironda | Svp Finance | 15 | $221,174 |
| Joel Bacon | Evp Gov't/pu | 8 | $199,302 |
| Rebecca Hupp Aae Iap | First Vice C | 2 | — |
| Rick Crider Aae | Chair | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Cag Holdings II LLC | Holding Company | $111,760 |
1 grant to Airport Research and Development Foundation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2022 | $10,000 |
Explore more
Data for Airport Research and Development Foundation (EIN 52-1594261) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.