Aerospace Industries Association
Nonprofit profile at a glance
- EIN
- 530023710
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Arlington, VA, USA
- Phone
- 703.358.1000
- Rating confidence
- Limited
Reported finances
- Revenue
- $28,886,424
- Expenses
- $22,684,259
- Assets
- $40,003,511
- Liabilities
- $9,351,130
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
106 people listed
Executive titles in this filing
- ERIC FANNING (PRESIDENT & CEO)
Highest reported compensation
- ERIC FANNING (PRESIDENT & CEO): $1,638,460 total reported compensation
- PETER PROWITT (COO): $818,683 total reported compensation
- ALISON LYNN (VP, COMMUNICATIONS): $455,382 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
AIA is the trusted voice of the aerospace and defense industry, providing fact-driven, consensus-led positions on issues that impact the industry.
What it reported doing in 2024
The communications division is responsible for developing and executing communications strategies to advance the key objectives of our organization. The association's communications team shares the story of the aerospace and defense industry through outreach efforts to educate the public, members of the media, key agency officials, and policymakers about the importance of our contribution to national security and economic growth. These efforts include media engagement, press releases and media statements, as well as high profile executive speeches and opinion pieces, and social media. The division is also responsible for the association's communications leadership group, which is comprised of senior communications representatives from our member companies who provide strategic advice to the association's staff, the executive committee, and the board of governors and to support the association's communications efforts on issues of industry wide importance. The team also manages the larger communications council, which comprises representatives from the entire membership, as a means of two way communication about the organization's communications activities. This division also manages the world's largest rocket contest for students around the world and plays a leading role in the development and deployment of strategic partnerships to help advance the association's policy objectives.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 69
- Accountability: 90
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 93.3%; rating input score 93; 23rd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 98.8%; rating input score 99; 31st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.5%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 24.9%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 82 of 83 board members independent · 7 of 9 filing controls reported
- Programs: 8 filed program accomplishments
- Leadership: top reported pay $1.6M · 106 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.9M reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes foreign activity, grants, and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.