What the amendment changed
Compared with the return it replaced , filed 13 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $1,828,398 changed to $848,384
- Total expenses
- $1,777,111 changed to $828,903
- Contributions and grants received
- $1,715,028 changed to $755,837
- Grants paid
- $514,124 changed to $294,507
- Program service revenue
- $128,251 changed to $53,460
- Investment income
- $48,094 changed to $36,964
- Other revenue
- -$62,975 changed to $2,123
- Total assets, end of year
- $1,953,327 changed to $2,007,759
- Total liabilities, end of year
- $1,986 changed to $614
- Net assets or fund balances, end of year
- $1,951,341 changed to $2,007,145
- Program services expenses
- $1,003,534 changed to $551,003
- Management and general expenses
- $248,547 changed to $88,285
- Fundraising expenses
- $525,030 changed to $189,615
- Program service expenses (Part III)
- $1,003,534 changed to $551,003
Totals
- Total revenue
- $848,384
- Total expenses
- $828,903
- Contributions and grants received
- $755,837
- Grants paid
- $294,507
- Program service revenue
- $53,460
- Investment income
- $36,964
- Other revenue
- $2,123
- Total assets, end of year
- $2,007,759
- Total liabilities, end of year
- $614
- Net assets or fund balances, end of year
- $2,007,145
- Program services expenses (Part IX)
- $551,003
- Management and general expenses
- $88,285
- Fundraising expenses
- $189,615
- Program service expenses (Part III)
- $551,003
Program services were 66.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$755,837
-
2a · Program service revenue: Missions Course Fees
total $41,709 · related or exempt $41,709
-
2b · Program service revenue: Student Debt Program Fees
total $11,751 · related or exempt $11,751
-
3 · Investment income
total $31,887 · excluded $31,887
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $1,250
-
6c · Rental income or loss
real property $1,250
-
6d · Net rental income or loss
total $1,250 · excluded $1,250
-
7a · Gross sales of assets other than inventory
securities $377,830
-
7b · Less cost or other basis and sales expenses
securities $372,753
-
7c · Gain or loss
securities $5,077
-
7d · Net gain or loss
total $5,077 · excluded $5,077
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Rewards & Rebates
total $873 · related or exempt $873
-
11e · Other revenue, total
$873
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,000 · program services $5,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $289,507 · program services $289,507
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $137,661 · program services $73,753 · management and general $26,225 · fundraising $37,683
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $194,674 · program services $87,781 · management and general $17,901 · fundraising $88,992
-
8 · Pension plan contributions
total $4,908 · program services $2,198 · management and general $196 · fundraising $2,514
-
9 · Other employee benefits
total $5,145 · program services $2,457 · management and general $71 · fundraising $2,617
-
10 · Payroll taxes
total $23,249 · program services $11,300 · management and general $3,087 · fundraising $8,862
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $6,945 · management and general $6,945
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $33,610 · program services $22,878 · management and general $10,732
-
12 · Advertising and promotion
total $6,408 · fundraising $6,408
-
13 · Office expenses
total $2,089 · management and general $2,089
-
14 · Information technology
total $17,903 · program services $1,023 · management and general $4,723 · fundraising $12,157
-
15 · Royalties
total $0
-
16 · Occupancy
total $34,683 · program services $16,858 · management and general $4,605 · fundraising $13,220
-
17 · Travel
total $20,669 · program services $20,669
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $11,692 · program services $6,622 · management and general $5,070
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,174 · management and general $1,174
-
23 · Insurance
total $2,732 · management and general $2,732
-
24a · Other expenses: Merchant Fees
total $14,499 · program services $761 · fundraising $13,738
-
24b · Other expenses: Printing and Publications
total $9,989 · program services $8,858 · fundraising $1,131
-
24c · Other expenses: Meals
total $4,873 · management and general $2,580 · fundraising $2,293
-
24d · Other expenses: Postage and Shipping
total $1,338 · program services $1,338
-
24e · All other expenses
total $155 · management and general $155
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $256,065 · end of year $260,883
-
2 · Savings and temporary cash investments
beginning of year $405,468 · end of year $405,202
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $6,000 · end of year $4,000
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $6,000 · end of year $4,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$13,847
-
10b · Land, buildings and equipment: accumulated depreciation
$8,854
-
10c · Land, buildings and equipment, net
beginning of year $6,167 · end of year $4,993
-
11 · Investments: publicly traded securities
beginning of year $1,271,952 · end of year $1,328,681
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,675 · end of year $0
-
25 · Other liabilities
beginning of year $1,986 · end of year $614
-
27 · Net assets without donor restrictions
beginning of year $631,019 · end of year $363,854
-
28 · Net assets with donor restrictions
beginning of year $1,320,322 · end of year $1,643,291
Mission and programs · 2023
Mission
AIRO exists to eliminate barriers to advance the gospel to the unreached. With its two programs, The Go Fund and The Missions Course, AIRO seeks to play its part in the Great Commission.
-
The Go Fund is our flagship student debt repayment program to mobilize missionary families to places unreached by the gospel. The program utilizes three phases to eliminate student loan debt for our missionary partners:1) Qualification - A candidate applies online and begins the process with our program coordinator, including phone interviews, a credit check, and reference checks.2) Selection - The candidate submits a ministry overview video and is interviewed by a volunteer selection committee before a final decision is made.Mobilization - The candidate submits power of attorney forms, signs general agreement, and schedules commissioning meeting with their church before they head to the field. Once the approved missionary partner is working among the unreached on the mission field, AIRO begins to make monthly payments toward their student loans with a ten year repayment target. Payments continue as long as the missionary remains in their assignment. For 2023, AIRO was paying monthly student debt payments for 81 missionary partners on assignment. In addition, 21 missionary partners were approved and are awaiting assignment. The cumulative debt payment obligation for all approved missionary partners over the next 10 years is estimated to be $6,587,015.
Expenses $512,685 · Grants $294,507 · Revenue $11,751
-
The Missions Course is our six-lesson series designed to reveal God's heart for the nations and invites believers to join Him in His plan for redemption. The Missions Course introduces Christians to the mission that God has given them and invites believers to play their part in it.
Expenses $38,318 · Revenue $41,709
As filed on the 2023 return.
Listed in Part VII
-
Luke Womack
President
- Total calculated
- $145,143
- From this org
- $138,117
- From related orgs
- $0
- Other
- $7,026
- Hours/week
- 40
-
Matthew Sonke
Executive Dir.
- Total calculated
- $123,292
- From this org
- $112,824
- From related orgs
- $0
- Other
- $10,468
- Hours/week
- 40
-
Patrick Mullen
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Darla Donaldson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Craig Fullman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Matt Messner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rachel Singer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Vander Velde
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541349349309979
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