UND Aerospace Foundation
UND Aerospace Foundation reported $43.8 million in revenue and $29.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.00 went to program services, $9.46 to management and general costs and $0.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.8% of the total. The highest compensation it reported for one person was $453,094 (Chief Executive Officer). 5 people received more than $100,000 in reportable compensation. Revenue rose 23% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $30MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $44MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 10.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $453,094 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.53% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 44.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe UND Aerospace Foundation (The Foundation) is a North Dakota nonprofit organization organized to encourage and develop the University of North Dakota's (UND) John D. Odegard School of Aerospace Sciences. The Foundation's principal activities consist of developing and conducting training programs, research and development, and consulting services related to the aerospace industry. The Foundation's principal activities are in Grand Forks, ND, with a second flight training center located in Mesa, AZ. Aviation training - classroom, flight training, and support services delivered to pilot…
Flight training center - flight training delivered to student pilots outside of the Grand Forks campus, primarily students enrolled in community college programs. Location is Mesa, Arizona with 69,758 flight hours during the year
Aircraft and simulator rental - rental receipts for aircraft and simulators for use at Grand Forks campus for flight training, primarily for use with the undergraduate students enrolled at the University of North Dakota. Assets include aircraft and simulators
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Executive Officer Officer, 40.00 hrs/week | $382,050 | $0 | $71,044 | $453,094 |
| Vice President of Business Highest compensated employee, 40.00 hrs/week | $287,063 | $0 | $60,673 | $347,736 |
| President Officer, 5.00 hrs/week | $0 | $289,214 | $58,112 | $347,326 |
| Chief Financial Officer Officer, 40.00 hrs/week | $226,076 | $0 | $53,470 | $279,546 |
| Associate Director of Phoenix Flight Operations Highest compensated employee, 40.00 hrs/week | $140,101 | $0 | $46,334 | $186,435 |
| Aircraft Sales & Project Manager Highest compensated employee, 40.00 hrs/week | $131,904 | $0 | $47,425 | $179,329 |
| Chair Director/trustee, officer, 5.00 hrs/week | $30,000 | $0 | $0 | $30,000 |
| Director Director/trustee, 1.00 hrs/week | $18,000 | $0 | $0 | $18,000 |
5 people received more than $100,000 in reportable compensation from UND Aerospace Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $863K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5262
- Volunteers Part I, line 63
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Exclusive Aerospace LLC dba Premier Jet Aircraft maintenance | $101,246 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to UND Aerospace Foundation totaling $7.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from UND Aerospace Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for UND Aerospace Foundation, you can publish a response that is linked from this page.
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Of every $100 UND Aerospace Foundation spent in FY2025, $90.00 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of UND Aerospace Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, UND Aerospace Foundation reported that 90.0% of its $29.6 million in expenses went to program services, 9.5% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does UND Aerospace Foundation pay its top executive?
The largest total compensation UND Aerospace Foundation reported for one person in the fiscal year ending June 30, 2025 was $453,094, for the role of Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does UND Aerospace Foundation get its money?
Of $43.8 million in revenue in the fiscal year ending June 30, 2025, 10.1% came from contributions and grants and 83.8% from program service revenue (Form 990, Part VIII).
Is UND Aerospace Foundation a registered charity?
The IRS lists EIN 45-0390485 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601059349300425 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530929349301568 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420859349300832 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310749349301451 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220409349300822 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141249349301804 · read the filing
All filings for EIN 45-0390485: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.