Aip Foundation INC EIN 86-0984827 Form 990 (PDF) Claim this org

Aip Foundation INC

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Improves road safety in low and middle-income countries through effective interventions. For fiscal year 2024 it reported $3.0M in revenue, $2.8M in expenses, and $2.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
Tucson, AZ
Website
www.aip-foundation.org
Filings
5 on file (2020–2024)
Revenue
$3.0MFY2024
Expenses
$2.8M
Net assets
$2.4M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  86-0984827 Public charity (501(c)(3)) Tucson, AZ
Form 990 (PDF)
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Improves road safety in low and middle-income countries through effective interventions.
Leadership
Greig F Craft · President · $149K
Money in and out
$3.0M revenue, $2.8M expenses
Bottom line
64% program efficiency
Where the money goes · FY2024
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$2.8M
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $146K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.35 Fundraising $0.01
Program efficiency
64%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
11.9mo
months of highly liquid reserves at operating expense rate▲ +120% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +144% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.0M
FY2024▼ -16%
Expenses
$2.8M
FY2024▼ -28%
Total assets
$3.6M
FY2024▲ +35%
Total liabilities
$1.2M
FY2024▲ +135%
Total revenue
$3.0M
Pt VIII · Ln 12
Total expenses
$2.8M
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$146K
Total assetsPt X · Ln 16$3.6M
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2024.
01

Safe School Zones and Speed Reduction

Aip foundation works with governments, civil society and local communities to create safer, more walkable environments for children and youth. We incorporate comprehensive interventions including targeted education, road infrastructure modifications, public awareness campaigns, and advocacy for safer speeds and speed limit enforcement in…

$1.5Mprogram expense
02

Community Safety for Workers

Through a variety of programs, we improve the commutes of garment and footwear workers to and from factories. Aip foundation promotes the transition to safe and seated passenger vehicles, driven by appropriately qualified drivers, and advocates for the adoption of commuting safety policies at factory level.

$83Kprogram expense
03

Helmet Safety & Safe Driving Skills

Our helmet safety and safe driving skills programs are being implemented in several countries educating motorcycle drivers and child passengers about the importance of quality helmet use, as well as teaching young drivers safe driving skills.

$38Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAip Foundation INC
EINHdr · item D86-0984827
Principal addressHdr · item CTucson, AZ
WebsiteHdr · item Jwww.aip-foundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M40)
Ruling yearIRS BMFJul 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$149,496Pt VII · Sec A
$133,204Pt VII · Sec A
$6,000Pt VII · Sec A
$2,500Pt VII · Sec A
Director
$0Pt VII · Sec A

Greig F Craft’s $149K as President is at the 76th percentile of top reported officer pay among 433 $1–10M public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Greig F Craft$149,496$159,585$161,954$129,155$108,000
Mirjam Sidik$133,204$131,440$126,517$99,252$96,000
Hoang Thi NA Huong$2,500$30,000$32,500$30,000$30,000
Joseph Ingegneri$6,000$6,000$6,000$6,000$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.9M · 99%
Investment income$25K · 1%
Contributions & grants99%$2.9M
Investment income1%$25K
— government grantsLn 1e$54K
Total revenueLn 12$3.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.35 Fundraising $0.01
Program services64%$1.8M
Management & general35%$993K
Fundraising1%$20K
Total functional expensesLn 25$2.8M

Balance Sheet

Part X · end of year
CashLn 1$2.8M
Total assetsLn 16$3.6M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$2.4M
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.8M · Operating expenses/yr $2.8M
11.9 months
Where the money goes
Program services
Program services $1.8M · Total expenses $2.8M
64%
Management & General
Management & general $993K · Total expenses $2.8M
35%
Fundraising
Fundraising $20K · Total expenses $2.8M
0.7%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $2.9M
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.9M · Total revenue $3.0M
99%
Government reliance
Government grants $54K · Total revenue $3.0M
2%
Earned-income share
Program service revenue $0 · Total revenue $3.0M
0%
Investment reliance
Investment income $25K · Total revenue $3.0M
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.8M
0%
Growth & trend
Revenue growth (YoY)
This year $3.0M · Prior year $3.5M
-16%
Revenue CAGR
FY2020 $2.7M · FY2024 $3.0M
+2%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.0M · Expenses $2.8M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $3.6M
Net-asset ratio
Net assets $2.4M · Total assets $3.6M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Greig F Craft · Reported title PRESIDENT · Highest reported compensation $149K · Total expenses $2.8M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $2.8M
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 35%
Fundraising cost ratio 0.7%
Revenue growth -16%
Legal fee ratio 0.07%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Give2asiaFY2022$130K
Total grants receivedfrom 1 funder$130K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.0M revenue · viewing · ⤓ 990 PDF
FY2023$3.5M revenue · ⤓ 990 PDF
FY2022$2.8M revenue · ⤓ 990 PDF
FY2021$2.5M revenue · ⤓ 990 PDF
FY2020$2.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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