Powered by CharityEZ

Charity report ready

OHIO AEROSPACE INSTITUTE

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

OHIO AEROSPACE INSTITUTE

EIN 34-1621676 · Science & Technology (U32Z)

What they do

THE PRIMARY TAX-EXEMPT PURPOSE is to FURTHER HUMAN SCIENTIFIC and ENGINEERING KNOWLEDGE IN A BROAD ARRAY of AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL and DEVELOPMENTAL RESEARCH; to BUILD OHIOS AEROSPACE ECONOMY THROUGH RESEARCH and TECHNOLOGY, EDUCATION and TRAINING, and COLLABORATION and INFORMATION EXCHANGE. to FURTHER THE SCIENTIFIC and ENGINEERING EDUCATION of DOCTORAL LEVEL GRADUATE and CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, and AS A CONSORTIUM OF, COLLEGES and UNIVERSITIES IN OHIO, and to STIMULATE ACADEMIC, GOVERNMENTAL and PRIVATE SECTOR SUPPORT of and COOPERATION WITH SUCH EDUCATION. to SPONSOR, PROMOTE and DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, and AS A CONSORTIUM OF, COLLEGES and UNIVERSITIES IN OHIO; to STIMULATE ACADEMIC, GOVERNMENTAL and PRIVATE SECTOR SUPPORT of and COOPERATION WITH SUCH RESEARCH; and to DEVELOP AEROSPACE RESEARCH and GRADUATE EDUCATION RESOURCES IN OHIO.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.48%of revenue went to mission work93.3% of expenses · Program services
$95.85spent for every $100 of revenueRevenue covered expenses this year.
6.38%of revenue went to management and office costs6.7% of expenses
$0.55in assets for every $1 spent this yearSome assets cannot be spent right away.
0.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$24,213,958
Mission workProgram services$21,666,19889.48% of revenue93.3% of expenses
ManagementOffice and general costs$1,543,6626.38% of revenue6.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$1,004,0984.15% of revenueShown in gray on the chart
Total expenses$23,209,86095.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 93.3% mission · 6.7% management · 0.0% fundraisingTotal expenses: 95.85% of revenue
2023Expense mix: 89.7% mission · 10.3% management · 0.0% fundraisingTotal expenses: 99.67% of revenue
2022Expense mix: 80.6% mission · 19.4% management · 0.0% fundraisingTotal expenses: 110.41% of revenue
2021Expense mix: 82.1% mission · 17.9% management · 0.0% fundraisingTotal expenses: 100.10% of revenue
2020Expense mix: 85.3% mission · 14.7% management · 0.0% fundraisingTotal expenses: 104.20% of revenue
2019Expense mix: 88.5% mission · 11.5% management · 0.0% fundraisingTotal expenses: 98.65% of revenue
2018Expense mix: 81.0% mission · 19.0% management · 0.0% fundraisingTotal expenses: 101.20% of revenue
2017Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 98.44% of revenue

Money in and money out

Revenue$24,213,958
Expenses$23,209,860
Annual surplus $1,004,098 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$21,666,198 · 93.3% of expenses
Management and office costs$1,543,662 · 6.7% of expenses
See all reported dollar amounts
Revenue$24,213,958
Expenses$23,209,860
Assets$12,843,690
Income$24,213,958
Contributions$150,625
Mission work (program services)$21,666,198
Grants given$4,333,622
Average grant$25,343
Management and general$1,543,662
Accounting fees$35,859
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (9)

CHRIS HOCEVARCFO & TREASU

DENNIS ANDERSHCEO & PRESID

DR CARLOS GRODSINSKYDIRECTOR

DR CHRISTINA BLOEBAUMDIRECTOR

GAIL DOMAN-SMITHDIRECTOR

LEIGH OLDHAMVP OF HR & S

LLOYD FIELDSDIRECTOR

LT GEN RET CD MOOREDIRECTOR

WAYNE DENNY JRBOARD CHAIR

About this charity

Recognized since
January 1990
Location
22800 CEDAR POINT ROAD, BROOKPARK, OH 44142
County
Cuyahoga
In care of
CHRIS HOCEVAR
Primary officer
CHRIS HOCEVAR, CFO & TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
SWINDON SPRINGER & COMPANY INC CPAS
NTEE classification
Science & Technology (U32Z)
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free